HDB Financial Services Mumbai Banking Officer Salaries by 10+ Employees

1 - 6 years exp.

₹1.4 Lakh - ₹3 Lakhs

Salary of majority employees

40% less than the average Banking Officer Salary in NBFC Companies for 1 - 6 years of experience

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Salaries in different departments

Finance & Accounting Banking Officer Salary 2 - 4 years exp. (4 salaries)	₹1.4 L/yr - ₹3 L/yr
Customer Success, Service & Operations Banking Officer Salary 2 - 3 years exp. (3 salaries)	₹1.4 L/yr - ₹2.9 L/yr
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BFSI, Investments & Trading Banking Officer Salary 1 - 6 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2 L/yr

Last Updated: 12 Jul 2024

Companies similar to HDB Financial Services for Banking Officer in Mumbai

HDB Financial Services Banking Officer Salary

1 - 6 years exp. (16 salaries)

₹1.4 L/yr - ₹3 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Banking Officer Salary 0 - 7 years exp. (82 salaries)	₹1.8 L/yr - ₹6 L/yr 45% more
IDFC FIRST Bank Banking Officer Salary 0 - 6 years exp. (74 salaries)	₹2.4 L/yr - ₹5 L/yr 39% more
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HDFC Bank Banking Officer Salary 0 - 8 years exp. (49 salaries)	₹1 L/yr - ₹5.7 L/yr 23% more
Axis Bank Banking Officer Salary 1 - 7 years exp. (39 salaries)	₹1.5 L/yr - ₹4.5 L/yr 26% more
Kotak Mahindra Bank Banking Officer Salary 1 - 7 years exp. (35 salaries)	₹1.8 L/yr - ₹4.7 L/yr 35% more

Banking Officer salary at HDB Financial Services ranges between ₹1.4 Lakh to ₹3 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 16 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Banking Officer salaries in Mumbai

Last Updated: 12 Jul 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.1 L/yr - ₹2.6 L/yr
2 years (6 salaries)	₹1.4 L/yr - ₹2.5 L/yr
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3 years (4 salaries)	₹1.4 L/yr - ₹2.5 L/yr
4 years (4 salaries)	₹2 L/yr - ₹3 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹3.1 L/yr

View all

Similar Designation salaries in HDB Financial Services

Team Lead Salary

(67 salaries)

₹1.8 L/yr - ₹6 L/yr

Deputy Manager Salary

(53 salaries)

₹3 L/yr - ₹9.1 L/yr

Finance Executive Salary

(23 salaries)

₹1.4 L/yr - ₹3.2 L/yr

Accountant Salary

(12 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Management Trainee Salary

(12 salaries)

₹4 L/yr - ₹4.3 L/yr

Senior Associate Salary

(6 salaries)

₹1.7 L/yr - ₹3.5 L/yr

Salary related reviews for HDB Financial Services

2.3

Rated by 3 employees for salary & benefits

Banking Officer in Indore

BFSI, Investments & Trading Department

5.0

• posted on 15 Jun 2020

3.0

for Salary and Benefits

Likes

...ery supporting for me...I worked during lockdown in HDB with full protection....I had 2 years experience in HDB but their is no growth in my salary...All teammates of mine are good n supporting....

Skill development - Excellent

+4 more

Dislikes

I have no dislike with my job...It's my passion n I am able to manage everything under different situations..

Promotions - Bad

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.

Relationship Manager in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 30 Jul 2022

5.0

for Salary and Benefits

Likes

I am working as a relationship manager for HDFC Bank under HDB payroll. Only good thing is every month we get salary on time.

Salary - Excellent

+1 more

Dislikes

TM behaviour is very poor. And training is not done properly. That's why we are not clear about everything. And working time is 09:00 am to 06:30 pm

Skill development - Bad

+3 more

Relationship Manager in Asansol

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 17 Jun 2022

1.0

for Salary and Benefits

Likes

...y going to kick you out unless you follow policies. Cons: Rest all are Cons e.g. Lesser salary,No TA,Poor incentive structure.Work Life balance is worst. Above mentioned review Is for Lending verticals Only.

Skill development - Excellent

+2 more

Dislikes

Mentioned

Salary - Bad

+3 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDB Financial Services Banking Officer Salary FAQs

What is the salary of Banking Officer at HDB Financial Services in Mumbai?

The average salary of a Banking Officer at HDB Financial Services in Mumbai typically ranges from ₹1.4 Lakhs to ₹3.0 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Banking Officer in Mumbai at HDB Financial Services earn more than ₹2.5 Lakhs per year, and the top 1% earn over ₹3.0 Lakhs per year. Banking Officer 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 10+ HDB Financial Services employees in India.

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

The estimated take-home salary of a Banking Officer at HDB Financial Services in Mumbai typically ranges from ₹16,971 to ₹18,679 per month. This is based on the average salary range of ₹1.4 Lakhs to ₹3.0 Lakhs per year for employees with experience ranging from 1 year 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 10+ 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 Banking Officer in India?

ICICI Bank	₹1.8 Lakhs to ₹6.0 Lakhs per year
IDFC FIRST Bank	₹2.4 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindra Bank	₹1.8 Lakhs to ₹4.7 Lakhs per year
Axis Bank	₹1.5 Lakhs to ₹4.5 Lakhs per year
HDFC Bank	₹1.0 Lakhs to ₹5.7 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.

How the salary growth look like for a Banking Officer at HDB Financial Services in Mumbai?

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

Experience	Average Salary Range
1 year	₹2.1 Lakhs to ₹2.6 Lakhs per year
2 years	₹1.4 Lakhs to ₹2.5 Lakhs per year
3 years	₹1.4 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.0 Lakhs to ₹3.0 Lakhs per year

and so on.

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HDB Financial Services Banking Officer Salaries in Mumbai

HDB Financial Services Banking Officer salary in Mumbai ranges between ₹1.4 Lakh to ₹3 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 HDB Financial Services latest salaries received from various employees of HDB Financial Services.

HDB Financial Services Banking Officer salaries in Mumbai

Companies similar to HDB Financial Services for Banking Officer in Mumbai

Latest annual salaries shared by HDB Financial Services Banking Officer in Mumbai

Experience wise HDB Financial Services Banking Officer salaries in Mumbai

Similar Designation salaries in HDB Financial Services

Salary related reviews for HDB Financial Services

Banking Officer in Indore

Relationship Manager in New Delhi

Relationship Manager in Bhubaneswar

Relationship Manager in Kolkata

Relationship Manager in Asansol

HDB Financial Services Banking Officer Salary FAQs

Tell us how to improve this page.