HDB Financial Services Department Manager Salaries by 4 Employees

0 - 10 years exp.

₹3.4 Lakhs - ₹26.5 Lakhs

Low Confidence

Salary of majority employees

132% more than the average Department Manager Salary in NBFC Companies for 0 - 10 years of experience

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Last Updated: 19 Oct 2024

Companies similar to HDB Financial Services for Department Manager

Company name	Avg Annual Salary	Open Jobs
Mahindra Finance Department Manager Salary 7 - 15 years exp. (4 salaries)	₹10.5 L/yr - ₹35 L/yr 71% more
Bharat Financial Inclusion Department Manager Salary 1 - 7 years exp. (3 salaries)	₹4 L/yr - ₹7.5 L/yr 52% less
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Tata Motors Finance Department Manager Salary 15 years exp. (3 salaries)	₹9 L/yr - ₹11.5 L/yr 18% less
Reliance Retail Department Manager Salary 0 - 16 years exp. (2.5k salaries)	₹2 L/yr - ₹6.3 L/yr 67% less	5 job openings
Vishal Mega Mart Department Manager Salary 1 - 12 years exp. (1.2k salaries)	₹1.8 L/yr - ₹5.1 L/yr 71% less

Department Manager salary at HDB Financial Services ranges between ₹3.4 Lakhs to ₹26.5 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Department Manager salaries

Last Updated: 19 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
5 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹3.9 L/yr
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7 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹23.9 L/yr - ₹30.5 L/yr

Similar Designation salaries in HDB Financial Services

Deputy Manager Salary

(118 salaries)

₹3 L/yr - ₹9.5 L/yr

Operations Manager Salary

(69 salaries)

₹2.35 L/yr - ₹9.45 L/yr

Store Manager Salary

(3 salaries)

₹3 L/yr - ₹12.8 L/yr

Sales Manager Salary

(1.1k salaries)

₹1 L/yr - ₹6.5 L/yr

Warehouse Manager Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Floor Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Head Cashier Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Team Lead Salary

(365 salaries)

₹1.5 L/yr - ₹6.08 L/yr

Assistant Store Manager Salary

(AmbitionBox Estimate)

₹2 L/yr - ₹2.5 L/yr

Store Incharge Salary

(AmbitionBox Estimate)

₹1.7 L/yr - ₹2.2 L/yr

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:

Salary - Excellent

+6 more

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

Job security - Poor

+1 more

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 .

Work-life balance - Poor

Sales Officer in Shahjahanpur

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 21 Jan 2025

4.0

for Salary and Benefits

Likes

Learning and get salary on time

Salary - Good

Dislikes

Working culture is very poor at spn branch girls are just threatened here like a puppet, misbehave with girls by seniors and a very dirt atmosphere for girls that's why I've quiet

Job security - Bad

+3 more

Sales Manager in Sangli

Full Time

Sales & Business Development Department

1.0

• posted on 19 Mar 2025

1.0

for Salary and Benefits

Likes

Not liked any thing

Dislikes

Low salary High work load No holidays allowed Very bad culture

Salary - Bad

+5 more

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What people are saying about HDB Financial Services

View All

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 Department Manager Salary FAQs

What is the salary of Department Manager at HDB Financial Services ?

The average salary of a Department Manager at HDB Financial Services in India typically ranges from ₹3.4 Lakhs to ₹26.5 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Department Manager at HDB Financial Services earn more than ₹26.5 Lakhs per year, and the top 1% earn over ₹26.5 Lakhs per year. Department 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 Department Manager at HDB Financial Services in India?

The estimated take-home salary of a Department Manager at HDB Financial Services in India typically ranges from ₹86,815 to ₹89,090 per month. This is based on the average salary range of ₹3.4 Lakhs to ₹26.5 Lakhs per year for employees with experience ranging from Fresher to 10 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 Department Manager in India?

Mahindra Finance

₹10.5 Lakhs to ₹35.0 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 Department Manager in companies similar to HDB Financial Services in India?

The salary of a Department 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:

Tata Motors Finance	₹9.0 Lakhs to ₹11.5 Lakhs per year
Bharat Financial Inclusion	₹4.0 Lakhs to ₹7.5 Lakhs per year
Reliance Retail	₹2.0 Lakhs to ₹6.3 Lakhs per year
Vishal Mega Mart	₹1.8 Lakhs to ₹5.1 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 Department Manager at HDB Financial Services in India?

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

Experience	Average Salary Range
Fresher	₹10.8 Lakhs to ₹13.8 Lakhs per year
5 years	₹3.1 Lakhs to ₹3.9 Lakhs per year
7 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
10 years	₹23.9 Lakhs to ₹30.5 Lakhs per year

and so on.

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HDB Financial Services Department Manager Salaries

HDB Financial Services Department Manager salary in India ranges between ₹3.4 Lakhs to ₹26.5 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 Department Manager salaries in India

Companies similar to HDB Financial Services for Department Manager

Latest annual salaries shared by HDB Financial Services Department Manager

Experience wise HDB Financial Services Department Manager salaries

Similar Designation salaries in HDB Financial Services

Salary related reviews for HDB Financial Services

Sales Officer in Barpeta

Sales Manager in Jaipur

Sales Officer in Indore

Sales Officer in Shahjahanpur

Sales Manager in Sangli

HDB Financial Services Department Manager Salary FAQs

Tell us how to improve this page.