HDB Financial Services Manager M1 Salaries by 4 Employees

10 - 22 years exp.

₹5 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

29% less than the average Manager M1 Salary in NBFC Companies for 10 - 22 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 17 - 22 years exp. (3 salaries)	₹7.1 L/yr - ₹13.5 L/yr
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Sales & Business Development Manager M1 Salary 10 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr

Last Updated: 25 Dec 2024

Companies similar to HDB Financial Services for Manager M1

Company name	Avg Annual Salary	Open Jobs
Bajaj Finance Manager M1 Salary 1 - 6 years exp. (4 salaries)	₹4 L/yr - ₹5.6 L/yr 45% less
Tata Capital Manager M1 Salary 2 - 5 years exp. (4 salaries)	₹4.6 L/yr - ₹6 L/yr 34% less
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ICICI Securities Manager M1 Salary 4 - 10 years exp. (63 salaries)	₹4.3 L/yr - ₹9 L/yr 20% less
Kotak Mahindra Bank Manager M1 Salary 2 - 12 years exp. (44 salaries)	₹3 L/yr - ₹10 L/yr 27% less
HDFC Bank Manager M1 Salary 5 - 14 years exp. (159 salaries)	₹5 L/yr - ₹12.1 L/yr At par
Axis Bank Manager M1 Salary 5 - 12 years exp. (159 salaries)	₹4.2 L/yr - ₹12 L/yr 4% less
Sammaan Capital Limited Manager M1 Salary 6 - 14 years exp. (3 salaries)	₹6.2 L/yr - ₹11.5 L/yr 3% less
SMFG India Credit Manager M1 Salary 2 - 16 years exp. (20 salaries)	₹6.5 L/yr - ₹15 L/yr 31% more
Muthoot Finance Manager M1 Salary 5 - 11 years exp. (6 salaries)	₹3.9 L/yr - ₹8.5 L/yr 30% less
IIFL SAMASTA Manager M1 Salary 6 - 14 years exp. (5 salaries)	₹5.8 L/yr - ₹9.2 L/yr 4% less
Muthoot Fincorp Manager M1 Salary 9 - 11 years exp. (5 salaries)	₹4.5 L/yr - ₹7 L/yr 32% less
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Hero FinCorp Manager M1 Salary 6 - 12 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 25% less
Mahindra Finance Manager M1 Salary 13 - 17 years exp. (4 salaries)	₹10 L/yr - ₹14.8 L/yr 61% more
TVS Credit Manager M1 Salary 0 - 12 years exp. (4 salaries)	₹7.6 L/yr - ₹8 L/yr 3% less
Bharat Financial Inclusion Manager M1 Salary 5 - 15 years exp. (4 salaries)	₹4 L/yr - ₹30 L/yr 59% more

Manager M1 salary at HDB Financial Services ranges between ₹5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 10 years to 22 years. Salary estimates are based on 4 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Manager M1 salaries

Last Updated: 25 Dec 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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15+ years (3 salaries)	₹7.1 L/yr - ₹13.5 L/yr

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₹11.7 L/yr - ₹15 L/yr

Project Manager Salary

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₹6.7 L/yr - ₹19.75 L/yr

Cluster Manager Salary

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Service Manager Salary

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₹291.6 L/yr - ₹322.2 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

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

Operations Executive in Mumbai

Full Time

Data Science & Analytics Department

1.0

• posted on 21 Apr 2022

1.0

for Salary and Benefits

Likes

Salary provided in lockdown without any cost cutting. secure job. Many things to learn for freshers.

Job security - Good

Dislikes

3 months of notice period for lower level positions also. Increment is not so good it feel like we recieved chanda. Not a good option for future growths

Salary - Bad

+4 more

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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 Manager M1 Salary FAQs

What is the salary of Manager M1 at HDB Financial Services ?

The average salary of a Manager M1 at HDB Financial Services in India typically ranges from ₹5.0 Lakhs to ₹13.5 Lakhs per year, depending on experience (from 10 years to 22 years).

The top 10% of Manager M1 at HDB Financial Services earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹13.5 Lakhs per year. Manager M1 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 Manager M1 at HDB Financial Services in India?

The estimated take-home salary of a Manager M1 at HDB Financial Services in India typically ranges from ₹60,171 to ₹61,693 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹13.5 Lakhs per year for employees with experience ranging from 10 years to 22 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 Manager M1 in India?

Mahindra Finance	₹10.0 Lakhs to ₹14.8 Lakhs per year
Bharat Financial Inclusion	₹4.0 Lakhs to ₹30.0 Lakhs per year
SMFG India Credit	₹6.5 Lakhs to ₹15.0 Lakhs per year
HDFC Bank	₹5.0 Lakhs to ₹12.1 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 Manager M1 in companies similar to HDB Financial Services in India?

The salary of a Manager M1 at companies similar to HDB Financial Services in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Sammaan Capital Limited	₹6.2 Lakhs to ₹11.5 Lakhs per year
TVS Credit	₹7.6 Lakhs to ₹8.0 Lakhs per year
Axis Bank	₹4.2 Lakhs to ₹12.0 Lakhs per year
IIFL SAMASTA	₹5.8 Lakhs to ₹9.2 Lakhs per year
ICICI Securities	₹4.3 Lakhs to ₹9.0 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 Manager M1 at HDB Financial Services in India?

The salary growth for a Manager M1 at HDB Financial Services depends on factors such as experience, performance, and promotions. On average, a Manager M1 can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
10 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
15 years	₹7.1 Lakhs to ₹13.5 Lakhs per year

and so on.

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HDB Financial Services Manager M1 Salaries

HDB Financial Services Manager M1 salary in India ranges between ₹5 Lakhs to ₹13.5 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.