HDB Financial Services Assistant Manager 1 Salaries by 5 Employees (Updated 2025)

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
Bajaj Finance Assistant Manager 1 Salary 3 - 8 years exp. (4 salaries)	₹3.5 L/yr - ₹4.8 L/yr 86% more
ICICI Securities Assistant Manager 1 Salary 1 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹4.1 L/yr 81% more
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Kotak Mahindra Bank Assistant Manager 1 Salary 0 - 6 years exp. (144 salaries)	₹2 L/yr - ₹4.5 L/yr 48% more
HDFC Bank Assistant Manager 1 Salary 1 - 6 years exp. (57 salaries)	₹2.5 L/yr - ₹4.5 L/yr 60% more
Axis Bank Assistant Manager 1 Salary 0 - 4 years exp. (38 salaries)	₹2.5 L/yr - ₹5 L/yr 75% more
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 - 10 years exp. (5 salaries)	₹3.2 L/yr - ₹3.8 L/yr 60% more
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
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

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Salary related reviews for HDB Financial Services

5.0

Rated by 3 employees for salary & benefits

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

Sales Manager in Sangli

Full Time

Sales & Business Development Department

3.0

• posted on 30 Aug 2024

2.0

for Salary and Benefits

Likes

Growth is very fast

Dislikes

Salry is very low for SALES MANAGER as compare to other NBFC's Hardly holidays are available Some time need to work on sundays also without any single holiday which is very worst

Salary - Poor

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

Senior Officer in Navi Mumbai

Full Time

Finance & Accounting Department

3.0

• posted on 08 Sep 2023

2.0

for Salary and Benefits

Likes

Its good for a fresher to get an experience...but not long term because salary is to poor only get credited on time....

Skill development - Good

+2 more

Dislikes

Low paid salary for ground level employee.. Some supervisor (ony boy) are very disappointing they are very bad behaviour..... is not good for long term stay unless you have very good...

Salary - Poor

see more salary related reviews

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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?

Assistant Manager 1 salary at HDB Financial Services in India ranges between ₹2.0 Lakhs to ₹2.3 Lakhs for experience between 2 years to 9 years. According to our estimates it is 52% less than the average Assistant Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services India.

How does the salary of a Assistant Manager 1 at HDB Financial Services India compare with the average salary range for this job?

The average salary of a Assistant Manager 1 at HDB Financial Services is 52% less than the average salary of a Assistant Manager 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDB Financial Services to a Assistant Manager 1 in India?

BA Continuum Assistant Manager 1 Salary - ₹10.0 Lakhs to ₹16.9 Lakhs per year
Bajaj Finance Assistant Manager 1 Salary - ₹3.5 Lakhs to ₹4.8 Lakhs per year
ICICI Securities Assistant Manager 1 Salary - ₹3.5 Lakhs to ₹4.1 Lakhs per year
Axis Bank Assistant Manager 1 Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Muthoot Finance Assistant Manager 1 Salary - ₹2.4 Lakhs to ₹4.5 Lakhs per year

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

Manappuram Finance Assistant Manager 1 Salary - ₹2.3 Lakhs to ₹4.2 Lakhs per year
IIFL Finance Assistant Manager 1 Salary - ₹3.2 Lakhs to ₹3.8 Lakhs per year
HDFC Bank Assistant Manager 1 Salary - ₹2.5 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindra Bank Assistant Manager 1 Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Satin Creditcare Network Assistant Manager 1 Salary - ₹2.1 Lakhs to ₹3.0 Lakhs per year

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 ranges between ₹14,790 per month to ₹16,339 per month in India. The take-home salary calculation is based on the average HDB Financial Services Assistant Manager 1 salary in India which ranges between ₹2.0 Lakhs to ₹2.3 Lakhs per year for employees with experience between 2 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager 1 at HDB Financial Services?

According to AmbitionBox, 78% of the HDB Financial Services Assistant Manager 1s reported a notice period of 1 Month, 11% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

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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.