HDB Financial Services Branch Service Manager Salaries by 6 Employees

4 - 18 years exp.

₹5 Lakhs - ₹9.5 Lakhs

Low Confidence

Salary of majority employees

Fixed (100%)

₹6.9 Lakhs

Variable (0%)

₹0.0

33% less than the average Branch Service Manager Salary in NBFC Companies for 4 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Service Manager Salary 9 - 11 years exp. (3 salaries)	₹5.3 L/yr - ₹7 L/yr
Finance & Accounting Branch Service Manager Salary 18 years exp. (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.5 L/yr
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Quality Assurance Branch Service Manager Salary 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.1 L/yr

Last Updated: 23 Jul 2024

Companies similar to HDB Financial Services for Branch Service Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Lombard General Insurance Company Branch Service Manager Salary 0 - 11 years exp. (146 salaries)	₹2.4 L/yr - ₹7 L/yr 40% less
HDFC Life Branch Service Manager Salary 0 - 5 years exp. (110 salaries)	₹1.8 L/yr - ₹3.8 L/yr 57% less
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IFB Branch Service Manager Salary 8 - 17 years exp. (37 salaries)	₹9.1 L/yr - ₹23 L/yr 117% more
Aditya Birla Health Insurance Co Branch Service Manager Salary 1 - 7 years exp. (37 salaries)	₹2.7 L/yr - ₹5.1 L/yr 44% less
Panasonic Branch Service Manager Salary 9 - 19 years exp. (34 salaries)	₹10 L/yr - ₹32.6 L/yr 174% more

Branch Service Manager salary at HDB Financial Services ranges between ₹5 Lakhs to ₹9.5 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Branch Service Manager salaries

Last Updated: 23 Jul 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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6 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
7 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
8 years (AmbitionBox Estimate)	₹5.3 L/yr - ₹6.8 L/yr
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
10 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
12 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
13 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
14 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
15+ years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr

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Salary related reviews for HDB Financial Services

Supervisor in Kolkata

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 17 Feb 2025

2.0

for Salary and Benefits

Likes

Job Security is the only plus point in the company. The company is good for freshers and people with high experience

Job security - Excellent

Dislikes

Salary increments are very low, promotions there are in many cases biased and low in numbers. Work satisfaction is on below average level due to unrealistic incentive slab make earning good money very difficult. If you are 2-3 yrs of experience person don't come here. Just people being a fresher or a 8yrs+ experience people are valued then also freshers are also get their valued getting less after their 1st increment (1-1.5yrs) after joining the company

Salary - Poor

+2 more

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

see more salary related reviews

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What people are saying about HDB Financial Services

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a credit manager

Rat Race 9 to 5 Really?

Bhai kon kehta he ki rate race me job 9 to 5 ki hoti he? Kabhi NBFC company me aake dekho..... Yaha job 9 to 9 ki hoti he!... Regards, A Credit Manager At Upper layer NBFC Company

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HDB Financial Services Branch Service Manager Salary FAQs

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

The average salary of a Branch Service Manager at HDB Financial Services in India typically ranges from ₹5.0 Lakhs to ₹9.5 Lakhs per year, depending on experience (from 4 years to 18 years).

The top 10% of Branch Service Manager at HDB Financial Services earn more than ₹9.3 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. Branch Service 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 6 HDB Financial Services employees in India.

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

The estimated take-home salary of a Branch Service Manager at HDB Financial Services in India typically ranges from ₹52,951 to ₹54,198 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from 4 years to 18 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 6 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 Branch Service Manager in India?

Panasonic	₹10.0 Lakhs to ₹32.6 Lakhs per year
IFB	₹9.1 Lakhs to ₹23.0 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 Branch Service Manager in companies similar to HDB Financial Services in India?

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

ICICI Lombard General Insurance Company	₹2.4 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Health Insurance Co	₹2.7 Lakhs to ₹5.1 Lakhs per year
HDFC Life	₹1.8 Lakhs to ₹3.8 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 Branch Service Manager at HDB Financial Services in India?

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

Experience	Average Salary Range
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
6 years	₹4.8 Lakhs to ₹6.1 Lakhs per year
7 years	₹5.1 Lakhs to ₹6.5 Lakhs per year

and so on.

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HDB Financial Services Branch Service Manager Salaries

HDB Financial Services Branch Service Manager salary in India ranges between ₹5 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HDB Financial Services latest salaries received from various employees of HDB Financial Services.