HDB Financial Services Mumbai HR Executive Salaries by 30+ Employees (Updated 2025)

0 - 6 years exp.

₹1.8 Lakh - ₹4 Lakhs

Avg. annual salary

Monthly In-hand Salary

28% less than the average HR Executive Salary in NBFC Companies for 0 - 6 years of experience

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Salaries in different departments

Human Resources HR Executive Salary 0 - 6 years exp. (21 salaries)	₹1.8 L/yr - ₹4 L/yr
BFSI, Investments & Trading HR Executive Salary 1 - 5 years exp. (6 salaries)	₹1.8 L/yr - ₹2.5 L/yr
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Healthcare & Life Sciences HR Executive Salary 0 - 2 years exp. (AmbitionBox Estimate)	₹2.4 L/yr - ₹2.7 L/yr
Finance & Accounting HR Executive Salary Fresher (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Last Updated: 16 Mar 2025

Companies similar to HDB Financial Services for HR Executive in Mumbai

HDB Financial Services HR Executive Salary

0 - 6 years exp. (34 salaries)

₹1.8 L/yr - ₹4 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Finance HR Executive Salary 0 - 6 years exp. (13 salaries)	₹3.3 L/yr - ₹4.7 L/yr 62% more
IIFL Finance HR Executive Salary 1 - 5 years exp. (11 salaries)	₹2 L/yr - ₹3 L/yr 5% more
Login to view exact salary
Mahindra Finance HR Executive Salary 1 - 7 years exp. (9 salaries)	₹2 L/yr - ₹4 L/yr 12% more
SMFG India Credit HR Executive Salary 1 - 3 years exp. (8 salaries)	₹1.8 L/yr - ₹3.2 L/yr 5% more
Tata Motors Finance HR Executive Salary 2 - 6 years exp. (8 salaries)	₹2.6 L/yr - ₹5.5 L/yr 16% more
L&T Finance HR Executive Salary 1 - 4 years exp. (6 salaries)	₹2.3 L/yr - ₹4.5 L/yr 24% more
Shriram Finance HR Executive Salary 0 - 4 years exp. (5 salaries)	₹1.7 L/yr - ₹3 L/yr 1% less
Fedbank Financial Services HR Executive Salary 1 - 15 years exp. (3 salaries)	₹3 L/yr - ₹7 L/yr 121% more

HR Executive salary at HDB Financial Services ranges between ₹1.8 Lakh to ₹4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 34 latest salaries received from various employees of HDB Financial Services.

Latest annual salaries shared by HDB Financial Services HR Executive in Mumbai

3w ago

₹2.3 Lakhs

2 years exp.

3mo ago

₹2.3 Lakhs

1 year exp.

5mo ago

₹3.5 Lakhs

5 years exp.

6mo ago

₹2.2 Lakhs

6 years exp.

6mo ago

₹2 Lakhs

2 years exp.

10mo ago

3 years exp.

1y ago

5 years exp.

1y ago

6 years exp.

1y ago

5 years exp.

1y ago

5 years exp.

Experience wise HDB Financial Services HR Executive salaries in Mumbai

Last Updated: 16 Mar 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1.8 L/yr - ₹2.7 L/yr
1 year (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
Login to view exact salary
2 years (5 salaries)	₹1.8 L/yr - ₹3 L/yr
3 years (6 salaries)	₹2 L/yr - ₹4 L/yr
4 years (8 salaries)	₹2 L/yr - ₹4 L/yr
5 years (7 salaries)	₹1.9 L/yr - ₹3.6 L/yr
6 years (3 salaries)	₹2.2 L/yr - ₹3.1 L/yr

View all

Similar Designation salaries in HDB Financial Services

Junior HR Officer Salary

(16 salaries)

₹1.5 L/yr - ₹2.5 L/yr

Assistant Manager- HR Salary

(15 salaries)

₹3.6 L/yr - ₹7 L/yr

HR Manager Salary

(14 salaries)

₹4 L/yr - ₹13 L/yr

Deputy Manager HR Salary

(12 salaries)

₹5.3 L/yr - ₹8 L/yr

Zonal HR Manager Salary

(7 salaries)

₹11.35 L/yr - ₹19 L/yr

Recruitment Officer Salary

(7 salaries)

₹1.5 L/yr - ₹3 L/yr

Executive Resourcing Salary

(6 salaries)

₹2.65 L/yr - ₹3.8 L/yr

Senior HR Executive Salary

(4 salaries)

₹3 L/yr - ₹3.65 L/yr

Resource Manager Salary

(4 salaries)

₹7 L/yr - ₹8.5 L/yr

Top skills at HDB Financial Services for HR Executive

HR Recruitment Hiring Employee Engagement Bulk Hiring Recognition Onboarding Talent Acquisition Employee Communication HR Administration Performance Management System mba Negotiation Human Resource Management Excel

Salary related reviews for HDB Financial Services

2.9

Rated by 4 employees for salary & benefits

HR Executive in Mumbai

Full Time

Human Resources Department

5.0

• posted on 01 Apr 2021

5.0

for Salary and Benefits

Likes

...rtive and the management is transparent. There is a huge cafeteria for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

HR Manager in Mumbai

Human Resources Department

3.0

• posted on 07 Sep 2022

4.0

for Salary and Benefits

Likes

Overall job security, Stable company.. salary on time.

Salary - Good

+2 more

Dislikes

Work life balance is poor. Since COVID working for around 10-12 hours. No flexibility for WFH. WFH is only for sr. Management. Leave policies. No training or skill development programs

Skill development - Bad

+2 more

Sales Manager in Siwan

Full Time

Sales & Business Development Department

3.0

• posted on 25 Feb 2025

4.0

for Salary and Benefits

Likes

Salary on time, working pressure is average, work - life balance is average.

Salary - Good

+1 more

Dislikes

No co-operate from any seniors. Do self each and every thing. Sales and collection. Target pressure is 100 % but support is 0%. Work starting time is 8.00am ending time not fixed.

Skill development - Poor

+1 more

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

MIS Officer in Chennai

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 08 Feb 2025

3.0

for Salary and Benefits

Likes

I am like to company only and salary credit on time 31st and leave policy available for monthly 2.5 days

Work-life balance - Good

Dislikes

Company policy not maintain tenure employee/tenure employee some people handling 0%/monthly one Saturday week for Team manager above/ promotion only tenure employee recommendation/

Skill development - Poor

+3 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

View All

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 HR Executive Salary FAQs

What is the salary of HR Executive at HDB Financial Services in Mumbai?

The average salary of a HR Executive at HDB Financial Services in Mumbai typically ranges from ₹1.8 Lakhs to ₹4.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of HR Executive in Mumbai at HDB Financial Services earn more than ₹3.6 Lakhs per year, and the top 1% earn over ₹4.0 Lakhs per year. HR Executive 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 30+ HDB Financial Services employees in India.

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

The estimated take-home salary of a HR Executive at HDB Financial Services in Mumbai typically ranges from ₹17,916 to ₹19,610 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹4.0 Lakhs per year for employees with experience ranging from Fresher 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 30+ salaries received from various employees of HDB Financial Services. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a HR Executive at HDB Financial Services in Mumbai?

To be a HR Executive at HDB Financial Services in Mumbai, the key skills required include:

- HR
- Recruitment
- Hiring
- Employee Engagement
- Bulk Hiring

These skills are highly valued at HDB Financial Services and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDB Financial Services for HR Executive in India?

Fedbank Financial Services	₹3.0 Lakhs to ₹7.0 Lakhs per year
Aditya Birla Finance	₹3.3 Lakhs to ₹4.7 Lakhs per year
L&T Finance	₹2.3 Lakhs to ₹4.5 Lakhs per year
Tata Motors Finance	₹2.6 Lakhs to ₹5.5 Lakhs per year
Mahindra Finance	₹2.0 Lakhs to ₹4.0 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 HR Executive in companies similar to HDB Financial Services in Mumbai?

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

IIFL Finance	₹2.0 Lakhs to ₹3.0 Lakhs per year
SMFG India Credit	₹1.8 Lakhs to ₹3.2 Lakhs per year
Shriram Finance	₹1.7 Lakhs to ₹3.0 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 HR Executive at HDB Financial Services in Mumbai?

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

Experience	Average Salary Range
Fresher	₹1.8 Lakhs to ₹2.7 Lakhs per year
1 year	₹2.2 Lakhs to ₹2.8 Lakhs per year
2 years	₹1.8 Lakhs to ₹3.0 Lakhs per year
3 years	₹2.0 Lakhs to ₹4.0 Lakhs per year

and so on.

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HDB Financial Services HR Executive Salaries in Mumbai

HDB Financial Services HR Executive salary in Mumbai ranges between ₹1.8 Lakh to ₹4 Lakhs with an average annual salary of ₹. Salary estimates are based on 34 HDB Financial Services latest salaries received from various employees of HDB Financial Services.