HDB Financial Services Associate Manager Salaries by 4 Employees

4 - 6 years exp.

₹3.8 Lakhs - ₹4 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

75% less than the average Associate Manager Salary in NBFC Companies for 4 - 6 years of experience

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Salaries in different departments

Finance & Accounting Associate Manager Salary 4 - 6 years exp. (3 salaries)	₹3.4 L/yr - ₹4.2 L/yr
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BFSI, Investments & Trading Associate Manager Salary 6 years exp. (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.4 L/yr

Last Updated: 14 Oct 2024

Companies similar to HDB Financial Services for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Annapurna Finance Associate Manager Salary 1 - 10 years exp. (87 salaries)	₹4.1 L/yr - ₹8.4 L/yr 79% more
Hero FinCorp Associate Manager Salary 3 - 15 years exp. (21 salaries)	₹6 L/yr - ₹11.3 L/yr 113% more
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IIFL Finance Associate Manager Salary 1 - 13 years exp. (14 salaries)	₹3.2 L/yr - ₹5 L/yr 2% less
Muthoot Finance Associate Manager Salary 1 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹4.3 L/yr 11% less
L&T Finance Associate Manager Salary 1 - 8 years exp. (6 salaries)	₹3.2 L/yr - ₹8 L/yr 51% more
Manappuram Finance Associate Manager Salary 5 - 6 years exp. (5 salaries)	₹3.2 L/yr - ₹4 L/yr 9% less
Mahindra Finance Associate Manager Salary 4 - 9 years exp. (5 salaries)	₹3.7 L/yr - ₹6.1 L/yr 26% more
Home Credit Finance Associate Manager Salary 4 - 19 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 162% more
TVS Credit Associate Manager Salary 2 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹7 L/yr 45% more
Shriram Finance Associate Manager Salary 2 - 6 years exp. (4 salaries)	₹3 L/yr - ₹7.9 L/yr 47% more
Bajaj Finance Associate Manager Salary 3 - 6 years exp. (4 salaries)	₹4 L/yr - ₹6 L/yr 36% more
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Satin Creditcare Network Associate Manager Salary 4 - 6 years exp. (3 salaries)	₹2.6 L/yr - ₹7.5 L/yr 10% more
BA Continuum Associate Manager Salary 7 - 15 years exp. (3 salaries)	₹13 L/yr - ₹28 L/yr 431% more

Associate Manager salary at HDB Financial Services ranges between ₹3.8 Lakhs to ₹4 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Associate Manager salaries

Last Updated: 14 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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6 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr

Similar Designation salaries in HDB Financial Services

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Technical Manager Salary

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₹9.2 L/yr - ₹12.5 L/yr

Associate Consultant Salary

(3 salaries)

₹2 L/yr - ₹6 L/yr

Project Lead Salary

(AmbitionBox Estimate)

₹33.8 L/yr - ₹43.1 L/yr

Software Engineer Salary

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₹2 L/yr - ₹10.4 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Senior Engineer Salary

(4 salaries)

₹2.5 L/yr - ₹7.1 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Team Lead Salary

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₹1.5 L/yr - ₹6.08 L/yr

Senior Associate Salary

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₹1 L/yr - ₹4 L/yr

Salary related reviews for HDB Financial Services

1.0

Rated by 1 employees for salary & benefits

Associate Manager in Mumbai

Adfc Department

1.0

• posted on 08 Aug 2017

1.0

for Salary and Benefits

Likes

Nothing to like, complete jail harrassment is Adfc

Dislikes

Salary remains same no hike, working hours more than 10hrs, target not achieved then you are fired, no promotion complete harrassment u can't go toilet also without permission.... Useless management and HR policy lot of complaints given by Adfc staff but no positive reply some adfc employees raised police complaint but then too no positive response for Adfc staff..... I suggest not to join Adfc your life will be miserable..... They will give you mental and physical torcher, u will have leave but managed will not give you a single leave in a year if suppose you are sick than they will try you to work on holiday to compensate if you are not agreed then your salary will be deducted......

Salary - Bad

+6 more

Team Lead in Chennai

Full Time

Other Department

1.0

• posted on 03 Nov 2024

1.0

for Salary and Benefits

Likes

Work environment is good

Company culture - Good

Dislikes

There Caller should wait 5 to 6 yrs to get the promotion.salary package is very poor compared with market price.for TLs will never get promotion even work for a decades .4 Managers work there they think they are the center of the universe don't allow TLS to stand up for their decision. Worst management follows only the managers words.worst office politics.manager insult the TLs for they tell their point of view openly .managers need all there TLs to be puppet for them. totally useless company.

Salary - Bad

+3 more

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

Supervisor in Kolkata

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Job Security is the only plus point in the company. The company is good for freshers and people with high experience

Job security - Excellent

Dislikes

Salary increments are very low, promotions there are in many cases biased and low in numbers. Work satisfaction is on below average level due to unrealistic incentive slab make earning good money very difficult. If you are 2-3 yrs of experience person don't come here. Just people being a fresher or a 8yrs+ experience people are valued then also freshers are also get their valued getting less after their 1st increment (1-1.5yrs) after joining the company

Salary - Poor

+2 more

MIS Officer in Chennai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

I am like to company only and salary credit on time 31st and leave policy available for monthly 2.5 days

Work-life balance - Good

Dislikes

Company policy not maintain tenure employee/tenure employee some people handling 0%/monthly one Saturday week for Team manager above/ promotion only tenure employee recommendation/

Skill development - Poor

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

View All

a manager

Ambiguity in JOB offer.

I recently changed my Job as Business Manager with Arka Fincap, but some how I also selected as BM(Branch manager) with HDB financial and Varthana finance. I am very confused, to what I will do. CTC would be same approximately. Suggest me right decision with reason... 1. I can continue with Arka Fincap. 2. Will join HDB financial as BM. 3. Will join Varthana finance as BM. Your feedback will be appreciated.

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HDB Financial Services Associate Manager Salary FAQs

What is the salary of Associate Manager at HDB Financial Services ?

The average salary of a Associate Manager at HDB Financial Services in India typically ranges from ₹3.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Associate Manager at HDB Financial Services earn more than ₹4.0 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. Associate Manager 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 4 HDB Financial Services employees in India.

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

The estimated take-home salary of a Associate Manager at HDB Financial Services in India typically ranges from ₹28,178 to ₹29,569 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from 4 years to 6 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 4 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 Associate Manager in India?

BA Continuum	₹13.0 Lakhs to ₹28.0 Lakhs per year
Home Credit Finance	₹7.0 Lakhs to ₹13.0 Lakhs per year
Hero FinCorp	₹6.0 Lakhs to ₹11.3 Lakhs per year
Annapurna Finance	₹4.1 Lakhs to ₹8.4 Lakhs per year
L&T Finance	₹3.2 Lakhs to ₹8.0 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 Associate Manager in companies similar to HDB Financial Services in India?

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

Shriram Finance	₹3.0 Lakhs to ₹7.9 Lakhs per year
TVS Credit	₹4.5 Lakhs to ₹7.0 Lakhs per year
Bajaj Finance	₹4.0 Lakhs to ₹6.0 Lakhs per year
Mahindra Finance	₹3.7 Lakhs to ₹6.1 Lakhs per year
Satin Creditcare Network	₹2.6 Lakhs to ₹7.5 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 Associate Manager at HDB Financial Services in India?

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

Experience	Average Salary Range
4 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
5 years	₹3.4 Lakhs to ₹4.4 Lakhs per year
6 years	₹3.5 Lakhs to ₹4.5 Lakhs per year

and so on.

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HDB Financial Services Associate Manager Salaries

HDB Financial Services Associate Manager salary in India ranges between ₹3.8 Lakhs to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDB Financial Services latest salaries received from various employees of HDB Financial Services.