HDB Financial Services Mumbai Associate Salaries by 10+ Employees (Updated 2025)

1 - 5 years exp.

₹1.8 Lakh - ₹2.8 Lakhs

Salary of majority employees

70% less than the average Associate Salary in NBFC Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Associate Salary 2 - 4 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
Customer Success, Service & Operations Associate Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.5 L/yr
Login to view exact salary
Finance & Accounting Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.5 L/yr

Last Updated: 27 Oct 2023

Companies similar to HDB Financial Services for Associate in Mumbai

HDB Financial Services Associate Salary

1 - 5 years exp. (14 salaries)

₹1.8 L/yr - ₹2.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital Associate Salary 0 - 11 years exp. (15 salaries)	₹1.7 L/yr - ₹5.5 L/yr 48% more	2 job openings
Aditya Birla Capital Associate Salary 0 - 6 years exp. (13 salaries)	₹2.1 L/yr - ₹6 L/yr 65% more
Login to view exact salary
ICICI Securities Associate Salary 1 - 15 years exp. (24 salaries)	₹5 L/yr - ₹20 L/yr 378% more
Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (345 salaries)	₹1.2 L/yr - ₹4.2 L/yr 9% more
HDFC Bank Associate Salary 0 - 6 years exp. (20 salaries)	₹1.9 L/yr - ₹6 L/yr 15% more
Axis Bank Associate Salary 0 - 6 years exp. (16 salaries)	₹2.1 L/yr - ₹5 L/yr 57% more
L&T Finance Associate Salary 0 - 5 years exp. (5 salaries)	₹1.8 L/yr - ₹3.3 L/yr 20% more
Edelweiss Associate Salary 0 - 7 years exp. (261 salaries)	₹3 L/yr - ₹12 L/yr 203% more
BA Continuum Associate Salary 7 - 14 years exp. (30 salaries)	₹21.4 L/yr - ₹44.1 L/yr 1335% more
IIFL Finance Associate Salary 0 - 4 years exp. (7 salaries)	₹3 L/yr - ₹9 L/yr 84% more
Tata Motors Finance Associate Salary 2 - 6 years exp. (7 salaries)	₹1.5 L/yr - ₹3.1 L/yr 4% more
Login to view exact salary
Mahindra Finance Associate Salary 1 - 6 years exp. (6 salaries)	₹1.7 L/yr - ₹3.6 L/yr 25% more
Home Credit Finance Associate Salary 3 - 5 years exp. (3 salaries)	₹2 L/yr - ₹3.6 L/yr 21% more	2 job openings
IDFC FIRST Bharat Associate Salary 0 - 4 years exp. (3 salaries)	₹2.2 L/yr - ₹2.5 L/yr 3% less

Associate salary at HDB Financial Services ranges between ₹1.8 Lakh to ₹2.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 14 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Associate salaries in Mumbai

Last Updated: 27 Oct 2023

Experience	Avg Annual Salary
1 year (4 salaries)	₹2.1 L/yr - ₹2.5 L/yr
2 years (4 salaries)	₹1.8 L/yr - ₹2.5 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.8 L/yr
5 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.5 L/yr

Similar Designation salaries in HDB Financial Services

Team Lead Salary

(65 salaries)

₹1.8 L/yr - ₹5.5 L/yr

Senior Associate Salary

(7 salaries)

₹1.7 L/yr - ₹3.5 L/yr

System Engineer Salary

(3 salaries)

₹3.9 L/yr - ₹4.5 L/yr

Top skills at HDB Financial Services for Associate

Due Diligence Instructional Design E - learning Arbitration Agreements

Salary related reviews for HDB Financial Services

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

Branch Operation Executive in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 18 Jan 2025

2.0

for Salary and Benefits

Likes

Work timings and knowledge .

Skill development - Excellent

+4 more

Dislikes

Salary is waste waste and promotions also waste. If anyone join this first of all think u r a animal. Salary and respect both are waste. So, I recommend to anyone no need to join this company

Salary - Poor

+1 more

Senior Sales Officer in Kolkata

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 09 Nov 2024

2.0

for Salary and Benefits

Likes

Job secured for a standard term with lesser business. Overall maximum loans disbursement after login with minimum documentation and -cibil also.

Job security - Good

Dislikes

No Work life balance, poor salary, bad behaviors from managers each and every time,groupism.No thankful behavior for hardwork.

Salary - Poor

+3 more

Senior Sales Officer in Palakkad

Full Time

Sales & Business Development Department

4.0

• posted on 08 Nov 2024

4.0

for Salary and Benefits

Likes

Salary and incentive plans

Salary - Good

+4 more

Dislikes

NEED A PROPER TEAM FOR COLLECTION AND RELPL TELE-CALLING CAN BE SPARED FROM CD DPL OFFICERS. Incentive cuting,i did’t received my onam period incentive even after one month.this is a quite bad thing i felt in the company .i am totally disappointed.i worked so hard in those days for the company.it really sad.

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

fathersahaab

works at

AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

Got a question about HDB Financial Services?

Ask anonymously on communities.

HDB Financial Services Associate Salary FAQs

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

Associate salary at HDB Financial Services in Mumbai ranges between ₹1.8 Lakhs to ₹2.8 Lakhs for experience between 1 years to 5 years. According to our estimates it is 70% less than the average Associate Salary in India. Salary estimates are based on 14 latest salaries received from various employees of HDB Financial Services Mumbai.

How does the salary of a Associate at HDB Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Associate at HDB Financial Services is 70% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Associate at HDB Financial Services?

Due Diligence, Instructional Design, E - learning, Arbitration and Agreements are some of the popular skills required to work as a Associate at HDB Financial Services Mumbai.

Which similar companies are paying more than HDB Financial Services to a Associate in Mumbai?

BA Continuum Associate Salary - ₹21.4 Lakhs to ₹44.1 Lakhs per year
ICICI Securities Associate Salary - ₹5.0 Lakhs to ₹20.0 Lakhs per year
Edelweiss Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
IIFL Finance Associate Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
Aditya Birla Capital Associate Salary - ₹2.1 Lakhs to ₹6.0 Lakhs per year

What is the salary of a Associate in companies similar to HDB Financial Services in Mumbai?

Axis Bank Associate Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year
Tata Capital Associate Salary - ₹1.7 Lakhs to ₹5.5 Lakhs per year
Mahindra Finance Associate Salary - ₹1.7 Lakhs to ₹3.6 Lakhs per year
Home Credit Finance Associate Salary - ₹2.0 Lakhs to ₹3.6 Lakhs per year
L&T Finance Associate Salary - ₹1.8 Lakhs to ₹3.3 Lakhs per year

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

The estimated take-home salary of a Associate at HDB Financial Services ranges between ₹16,336 per month to ₹18,018 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Associate salary in India which ranges between ₹1.8 Lakhs to ₹2.8 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Associate at HDB Financial Services in Mumbai?

According to AmbitionBox, 57% of the HDB Financial Services Associates in Mumbai reported a notice period of 15 days or less, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
HDB Financial Services Salaries >
HDB Financial Services Associate Salaries >
HDB Financial Services Associate Salaries in Mumbai

HDB Financial Services Associate salary in Mumbai ranges between ₹1.8 Lakh to ₹2.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HDB Financial Services latest salaries received from various employees of HDB Financial Services.