HDB Financial Services Mumbai Banking Operations Manager Salaries by 4 Employees (Updated 2025)

3 - 6 years exp.

₹2.2 Lakhs - ₹2.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% less than the average Banking Operations Manager Salary in NBFC Companies for 3 - 6 years of experience

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Last Updated: 8 Mar 2025

Companies similar to HDB Financial Services for Banking Operations Manager in Mumbai

HDB Financial Services Banking Operations Manager Salary

3 - 6 years exp. (4 salaries)

₹2.2 L/yr - ₹2.8 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Banking Operations Manager Salary 1 - 7 years exp. (6 salaries)	₹2.5 L/yr - ₹7 L/yr 114% more
HDFC Bank Banking Operations Manager Salary 5 - 14 years exp. (5 salaries)	₹3 L/yr - ₹7 L/yr 104% more
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IndusInd Bank Banking Operations Manager Salary 4 - 14 years exp. (4 salaries)	₹4.7 L/yr - ₹8.8 L/yr 135% more
Datamatics Global Services Banking Operations Manager Salary 1 - 2 years exp. (4 salaries)	₹1.3 L/yr - ₹2.5 L/yr 29% less
Kotak Mahindra Bank Banking Operations Manager Salary 3 - 12 years exp. (3 salaries)	₹4.6 L/yr - ₹7 L/yr 125% more

Banking Operations Manager salary at HDB Financial Services ranges between ₹2.2 Lakhs to ₹2.8 Lakhs per year for employees with experience between 3 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 Banking Operations Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹2.5 L/yr
4 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
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5 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹3.2 L/yr

Similar Designation salaries in HDB Financial Services

Relationship Manager Salary

(195 salaries)

₹1.65 L/yr - ₹4.6 L/yr

Business Development Manager Salary

(6 salaries)

₹2 L/yr - ₹3.6 L/yr

Salary related reviews for HDB Financial Services

1.0

Rated by 1 employees for salary & benefits

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.

Branch Manager in Kolkata

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 09 Aug 2023

1.0

for Salary and Benefits

Likes

It's good for a fresher to get an experience.

Dislikes

Low paid salary for ground level employee.. random corruption in system.. old corrupted employees are working in the system since decades without any major career goal. Outsiders are not encouraged.

Salary - Bad

+5 more

Cluster Manager in Agra

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 18 Oct 2023

1.0

for Salary and Benefits

Likes

Very bad culture full of scolding

Dislikes

Very bad place to work full of exploitation, they pay low salary and get work on Sunday, holiday, every Saturday while 1st and 2nd Saturday are off every by company norms

Salary - Bad

+6 more

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

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What people are saying about HDB Financial Services

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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 Banking Operations Manager Salary FAQs

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

The average salary of a Banking Operations Manager at HDB Financial Services in Mumbai typically ranges from ₹2.2 Lakhs to ₹2.8 Lakhs per year, depending on experience (from 3 years to 6 years).

The top 10% of Banking Operations Manager in Mumbai at HDB Financial Services earn more than ₹2.8 Lakhs per year, and the top 1% earn over ₹2.8 Lakhs per year. Banking Operations 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 Banking Operations Manager at HDB Financial Services in Mumbai?

The estimated take-home salary of a Banking Operations Manager at HDB Financial Services in Mumbai typically ranges from ₹18,586 to ₹20,271 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹2.8 Lakhs per year for employees with experience ranging from 3 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 Banking Operations Manager in India?

IndusInd Bank	₹4.7 Lakhs to ₹8.8 Lakhs per year
Kotak Mahindra Bank	₹4.6 Lakhs to ₹7.0 Lakhs per year
ICICI Bank	₹2.5 Lakhs to ₹7.0 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹7.0 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 Banking Operations Manager in companies similar to HDB Financial Services in Mumbai?

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

Datamatics Global Services

₹1.3 Lakhs to ₹2.5 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 Banking Operations Manager at HDB Financial Services in Mumbai?

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

Experience	Average Salary Range
3 years	₹1.9 Lakhs to ₹2.5 Lakhs per year
4 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.2 Lakhs per year
6 years	₹2.5 Lakhs to ₹3.2 Lakhs per year

and so on.

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HDB Financial Services Banking Operations Manager Salaries in Mumbai

HDB Financial Services Banking Operations Manager salary in Mumbai ranges between ₹2.2 Lakhs to ₹2.8 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.

HDB Financial Services Banking Operations Manager salaries in Mumbai (Updated 2025)

Companies similar to HDB Financial Services for Banking Operations Manager in Mumbai

Latest annual salaries shared by HDB Financial Services Banking Operations Manager in Mumbai

Experience wise HDB Financial Services Banking Operations Manager salaries in Mumbai

Similar Designation salaries in HDB Financial Services

Salary related reviews for HDB Financial Services

Relationship Manager in New Delhi

Relationship Manager in Bhubaneswar

Branch Manager in Kolkata

Cluster Manager in Agra

Relationship Manager in Kolkata

HDB Financial Services Banking Operations Manager Salary FAQs

Tell us how to improve this page.