HDB Financial Services Assistant Manager 1 Salaries by 5 Employees

2 - 9 years exp.

₹2 Lakhs - ₹2.3 Lakhs

Low Confidence

Salary of majority employees

52% less than the average Assistant Manager 1 Salary in NBFC Companies for 2 - 9 years of experience

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Salaries in different departments

Sales & Business Development Assistant Manager 1 Salary 2 - 9 years exp. (3 salaries)	₹2 L/yr - ₹2.3 L/yr
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Finance & Accounting Assistant Manager 1 Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹2 L/yr - ₹2.1 L/yr

Last Updated: 5 Dec 2024

Companies similar to HDB Financial Services for Assistant Manager 1

Company name	Avg Annual Salary	Open Jobs
Muthoot Finance Assistant Manager 1 Salary 1 - 6 years exp. (32 salaries)	₹2.4 L/yr - ₹4.5 L/yr 66% more
IIFL Finance Assistant Manager 1 Salary 3 - 11 years exp. (5 salaries)	₹3.2 L/yr - ₹3.8 L/yr 60% more
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Manappuram Finance Assistant Manager 1 Salary 2 - 4 years exp. (4 salaries)	₹2.3 L/yr - ₹4.2 L/yr 60% more
BA Continuum Assistant Manager 1 Salary 6 - 15 years exp. (4 salaries)	₹10 L/yr - ₹16.9 L/yr 460% more
Bajaj Finance Assistant Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 86% more
Satin Creditcare Network Assistant Manager 1 Salary 5 - 8 years exp. (3 salaries)	₹2.1 L/yr - ₹3 L/yr 20% more

Assistant Manager 1 salary at HDB Financial Services ranges between ₹2 Lakhs to ₹2.3 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Assistant Manager 1 salaries

Last Updated: 5 Dec 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.7 L/yr
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.4 L/yr
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4 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹3.8 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
7 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr
9 years (AmbitionBox Estimate)	₹0.9 L/yr - ₹2.3 L/yr

View all

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Salary related reviews for HDB Financial Services

5.0

Rated by 3 employees for salary & benefits

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

Relationship Manager in New Delhi

Full Time

Sales & Business Development Department

3.0

• posted on 18 Jun 2024

4.0

for Salary and Benefits

Likes

They give you salary on time and infrastructure is good.

Salary - Good

+1 more

Dislikes

People are very rude .they will torture you until you left the company and manager are very unethical they don't know how to talk to their employees.

Skill development - Poor

+2 more

Relationship Manager in Bhubaneswar

Full Time

Finance & Accounting Department

4.0

• posted on 17 Feb 2025

4.0

for Salary and Benefits

Likes

supportive, family-like, and encouraging of internal growth, with good opportunities for career advancement, along with competitive incentives and on-time salary payments

Salary - Good

+6 more

Dislikes

intense pressure to meet high sales targets, poor work-life balance, low salary, lack of career growth opportunities, rigid company culture, excessive manual work, and a perceived lack of support from management.

Sales Manager in Bhagalpur

Full Time

Sales & Business Development Department

1.0

• posted on 13 Nov 2023

3.0

for Salary and Benefits

Likes

Salary structure of T.m and above is Good, But when we are talking about sso and SM is terrible.

Dislikes

When you are in HDB then Forget about personal life.Branch Open all day after arth in every month. Promotion is not Happen as per your Performance it's all depends on your relation with Boss.

Skill development - Poor

+5 more

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What people are saying about HDB Financial Services

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a credit manager

Rat Race 9 to 5 Really?

Bhai kon kehta he ki rate race me job 9 to 5 ki hoti he? Kabhi NBFC company me aake dekho..... Yaha job 9 to 9 ki hoti he!... Regards, A Credit Manager At Upper layer NBFC Company

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HDB Financial Services Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at HDB Financial Services ?

The average salary of a Assistant Manager 1 at HDB Financial Services in India typically ranges from ₹2.0 Lakhs to ₹2.3 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Assistant Manager 1 at HDB Financial Services earn more than ₹2.3 Lakhs per year, and the top 1% earn over ₹2.3 Lakhs per year. Assistant Manager 1 Salaries at HDB Financial Services can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 HDB Financial Services employees in India.

What is the estimated take home salary of a Assistant Manager 1 at HDB Financial Services in India?

The estimated take-home salary of a Assistant Manager 1 at HDB Financial Services in India typically ranges from ₹14,790 to ₹16,339 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹2.3 Lakhs per year for employees with experience ranging from 2 years to 9 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDB Financial Services for Assistant Manager 1 in India?

BA Continuum	₹10.0 Lakhs to ₹16.9 Lakhs per year
Bajaj Finance	₹3.5 Lakhs to ₹4.8 Lakhs per year
Muthoot Finance	₹2.4 Lakhs to ₹4.5 Lakhs per year
Manappuram Finance	₹2.3 Lakhs to ₹4.2 Lakhs per year
IIFL Finance	₹3.2 Lakhs to ₹3.8 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDB Financial Services, depending on the role and experience level.

What is the salary of a Assistant Manager 1 in companies similar to HDB Financial Services in India?

The salary of a Assistant Manager 1 at companies similar to HDB Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Satin Creditcare Network

₹2.1 Lakhs to ₹3.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Assistant Manager 1 at HDB Financial Services in India?

The salary growth for a Assistant Manager 1 at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Assistant Manager 1 can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
2 years	₹2.0 Lakhs to ₹3.7 Lakhs per year
3 years	₹1.9 Lakhs to ₹2.4 Lakhs per year
4 years	₹2.0 Lakhs to ₹3.8 Lakhs per year
5 years	₹2.0 Lakhs to ₹3.8 Lakhs per year

and so on.

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HDB Financial Services Assistant Manager 1 Salaries

HDB Financial Services Assistant Manager 1 salary in India ranges between ₹2 Lakhs to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDB Financial Services latest salaries received from various employees of HDB Financial Services.