HDB Financial Services Mumbai AVP Salaries by 4 Employees (Updated 2025)

0 - 26 years exp.

₹24 Lakhs - ₹27 Lakhs

Salary of majority employees

Fixed (83%)

₹20.4 Lakhs

Variable (17%)

₹4.4 Lakhs

17% less than the average AVP Salary in NBFC Companies for 0 - 26 years of experience

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Salaries in different departments

Risk Management & Compliance AVP Salary 0 - 26 years exp. (3 salaries)	₹21.6 L/yr - ₹26.4 L/yr
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Finance & Accounting AVP Salary 16 years exp. (AmbitionBox Estimate)	₹24.3 L/yr - ₹29.7 L/yr

Last Updated: 13 Jan 2025

Companies similar to HDB Financial Services for AVP in Mumbai

HDB Financial Services AVP Salary

0 - 26 years exp. (4 salaries)

₹24 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
Tata Capital AVP Salary 8 - 15 years exp. (22 salaries)	₹17.4 L/yr - ₹47 L/yr 59% more
ICICI Securities AVP Salary 10 - 18 years exp. (20 salaries)	₹17.5 L/yr - ₹35 L/yr 1% more
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Kotak Mahindra Bank AVP Salary 8 - 19 years exp. (66 salaries)	₹9.6 L/yr - ₹35.5 L/yr 18% less
HDFC Bank AVP Salary 10 - 21 years exp. (149 salaries)	₹15.7 L/yr - ₹40 L/yr 10% more
Axis Bank AVP Salary 10 - 24 years exp. (170 salaries)	₹12.5 L/yr - ₹42 L/yr 6% more
L&T Finance AVP Salary 4 - 12 years exp. (3 salaries)	₹11 L/yr - ₹31 L/yr 21% less
Edelweiss AVP Salary 2 - 15 years exp. (12 salaries)	₹19 L/yr - ₹42.6 L/yr 20% more
SMFG India Credit AVP Salary 7 - 16 years exp. (25 salaries)	₹15 L/yr - ₹44 L/yr 28% more
IIFL Finance AVP Salary 7 - 15 years exp. (11 salaries)	₹36.1 L/yr - ₹60 L/yr 58% more
BA Continuum AVP Salary 11 - 24 years exp. (6 salaries)	₹38 L/yr - ₹51 L/yr 74% more
Mahindra Finance AVP Salary 11 - 20 years exp. (4 salaries)	₹32 L/yr - ₹40.3 L/yr 54% more
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Tata Motors Finance AVP Salary 16 - 18 years exp. (3 salaries)	₹19.9 L/yr - ₹29.9 L/yr 2% less

AVP salary at HDB Financial Services ranges between ₹24 Lakhs to ₹27 Lakhs per year for employees with less than 1 year of experience to 26 years. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services AVP salaries in Mumbai

Last Updated: 13 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
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15+ years (3 salaries)	₹24 L/yr - ₹27 L/yr

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Salary related reviews for HDB Financial Services

Junior Officer in Chennai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 01 Sep 2024

1.0

for Salary and Benefits

Likes

Office is near by house and good timing's.

Job security - Good

+1 more

Dislikes

i work in the experience for 2-3 year's but the salary was very low in the period of time..... In case i work in some other company they gave me expected salary....

Salary - Bad

+2 more

Sales Executive in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 24 Oct 2023

1.0

for Salary and Benefits

Likes

HDB give us a opportunity to job and give us avarage salary pakage to make our life style good. And also Insentive structure is very good.

Dislikes

Their are lots of things I dislike of this company. They hold salary if you didn't achive your target. After 6 months your salary cutoff upto RS. 1000 which one is terrible. The work culture and pressure also not acceptable. And lots of things are very poor of this company.

Salary - Bad

+5 more

Relationship Executive in Jaitpur

Full Time

Merchandising, Retail & eCommerce Department

5.0

• posted on 26 Jun 2023

4.0

for Salary and Benefits

Likes

HDBFS is a big Company of India, and trusted Company, Costumers belive in this Company, and almost all Banking and Merchanting Problems Solution are available in this Company. Thanks for HDBFS

Salary - Good

+6 more

Dislikes

Salary is less against the work field of the employee and proper all profits available in this company at a stage, eg the ESIC deduction is continuously from my salary but till now I can't take benifits and also I not received my ESIC card till Now. Same is fron approx all employees. So please provide our ESIC card as soon as possible. And please transparent mention our all Productivity and deduction from salary, PLP etc in a specific platform of the Company. Thanks

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

Business Development Executive in Mumbai

Full Time

Sales & Business Development Department

1.0

• posted on 03 Sep 2023

1.0

for Salary and Benefits

Likes

Provident fund.....

Dislikes

...y time new updates comming from company then worst experience of pressure 3 .... Sales manger and HR did not get salary properly when bussines not happening 4 .... When hbd payroll has change to HDFC worst work pressure

Salary - Bad

+6 more

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HDB Financial Services AVP Salary FAQs

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

AVP salary at HDB Financial Services in Mumbai ranges between ₹24.0 Lakhs to ₹27.0 Lakhs for less than 1 year of experience to 26 years. According to our estimates it is 17% less than the average AVP Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services Mumbai.

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

The average salary of a AVP at HDB Financial Services is 17% less than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.

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

BA Continuum AVP Salary - ₹38.0 Lakhs to ₹51.0 Lakhs per year
Tata Capital AVP Salary - ₹17.4 Lakhs to ₹47.0 Lakhs per year
IIFL Finance AVP Salary - ₹36.1 Lakhs to ₹60.0 Lakhs per year
Mahindra Finance AVP Salary - ₹32.0 Lakhs to ₹40.3 Lakhs per year
SMFG India Credit AVP Salary - ₹15.0 Lakhs to ₹44.0 Lakhs per year

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

Edelweiss AVP Salary - ₹19.0 Lakhs to ₹42.6 Lakhs per year
HDFC Bank AVP Salary - ₹15.7 Lakhs to ₹40.0 Lakhs per year
Axis Bank AVP Salary - ₹12.5 Lakhs to ₹42.0 Lakhs per year
ICICI Securities AVP Salary - ₹17.5 Lakhs to ₹35.0 Lakhs per year
Tata Motors Finance AVP Salary - ₹19.9 Lakhs to ₹29.9 Lakhs per year

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

The estimated take-home salary of a AVP at HDB Financial Services ranges between ₹1,57,078 per month to ₹1,63,044 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services AVP salary in India which ranges between ₹24.0 Lakhs to ₹27.0 Lakhs per year for employees with less than 1 year of experience to 26 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HDB Financial Services AVPs in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HDB Financial Services AVP Salaries in Mumbai

HDB Financial Services AVP salary in Mumbai ranges between ₹24 Lakhs to ₹27 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.