HDB Financial Services Branch Manager Scale 2 Salaries by 5 Employees (Updated 2025)

0 - 12 years exp.

₹8.6 Lakhs - ₹12.5 Lakhs

Low Confidence

Salary of majority employees

35% less than the average Branch Manager Scale 2 Salary in NBFC Companies for 0 - 12 years of experience

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Last Updated: 11 Nov 2024

Companies similar to HDB Financial Services for Branch Manager Scale 2

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Branch Manager Scale 2 Salary 12 - 16 years exp. (4 salaries)	₹13 L/yr - ₹17 L/yr 82% more
Muthoot Fincorp Branch Manager Scale 2 Salary 6 - 12 years exp. (3 salaries)	₹4.3 L/yr - ₹5 L/yr 46% less
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Muthoot Finance Branch Manager Scale 2 Salary 6 - 13 years exp. (3 salaries)	₹4.3 L/yr - ₹8.2 L/yr 36% less
Canara Bank Branch Manager Scale 2 Salary 7 - 13 years exp. (11 salaries)	₹11.5 L/yr - ₹16.9 L/yr 63% more
State Bank of India Branch Manager Scale 2 Salary 3 - 19 years exp. (8 salaries)	₹15 L/yr - ₹18 L/yr 96% more

Branch Manager Scale 2 salary at HDB Financial Services ranges between ₹8.6 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Branch Manager Scale 2 salaries

Last Updated: 11 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.4 L/yr - ₹9.6 L/yr
1 year (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
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2 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.9 L/yr
3 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
4 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
5 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
6 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.6 L/yr
8 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹12.5 L/yr
9 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
10 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
11 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹12.5 L/yr
12 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹15.9 L/yr

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Salary related reviews for HDB Financial Services

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:

Dislikes

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

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Sales Officer in Indore

Full Time

Sales & Business Development Department

3.0

• posted on 29 Sep 2024

3.0

for Salary and Benefits

Likes

Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc

Dislikes

...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .

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.

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.

Sales Manager in Sangli

Full Time

Sales & Business Development Department

3.0

• posted on 30 Aug 2024

2.0

for Salary and Benefits

Likes

Growth is very fast

Dislikes

Salry is very low for SALES MANAGER as compare to other NBFC's Hardly holidays are available Some time need to work on sundays also without any single holiday which is very worst

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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HDB Financial Services Branch Manager Scale 2 Salary FAQs

What is the salary of Branch Manager Scale 2 at HDB Financial Services?

Branch Manager Scale 2 salary at HDB Financial Services in India ranges between ₹8.6 Lakhs to ₹12.5 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 35% less than the average Branch Manager Scale 2 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services India.

How does the salary of a Branch Manager Scale 2 at HDB Financial Services India compare with the average salary range for this job?

The average salary of a Branch Manager Scale 2 at HDB Financial Services is 35% less than the average salary of a Branch Manager Scale 2 in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDB Financial Services to a Branch Manager Scale 2 in India?

State Bank of India Branch Manager Scale 2 Salary - ₹15.0 Lakhs to ₹18.0 Lakhs per year
HDFC Bank Branch Manager Scale 2 Salary - ₹13.0 Lakhs to ₹17.0 Lakhs per year
Canara Bank Branch Manager Scale 2 Salary - ₹11.5 Lakhs to ₹16.9 Lakhs per year

What is the salary of a Branch Manager Scale 2 in companies similar to HDB Financial Services in India?

Muthoot Finance Branch Manager Scale 2 Salary - ₹4.3 Lakhs to ₹8.2 Lakhs per year
Muthoot Fincorp Branch Manager Scale 2 Salary - ₹4.3 Lakhs to ₹5.0 Lakhs per year

What is the estimated take home salary of a Branch Manager Scale 2 at HDB Financial Services in India?

The estimated take-home salary of a Branch Manager Scale 2 at HDB Financial Services ranges between ₹63,525 per month to ₹65,142 per month in India. The take-home salary calculation is based on the average HDB Financial Services Branch Manager Scale 2 salary in India which ranges between ₹8.6 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager Scale 2 at HDB Financial Services?

According to AmbitionBox, 63% of the HDB Financial Services Branch Manager Scale 2s reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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HDB Financial Services Branch Manager Scale 2 Salaries

HDB Financial Services Branch Manager Scale 2 salary in India ranges between ₹8.6 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDB Financial Services latest salaries received from various employees of HDB Financial Services.