HDB Financial Services Mumbai Manager Salaries by 50+ Employees (Updated 2025)

4 - 16 years exp.

₹6 Lakhs - ₹18.3 Lakhs

Salary of majority employees

35% less than the average Manager Salary in NBFC Companies for 4 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 16 years exp. (13 salaries)	₹7 L/yr - ₹14.7 L/yr
Finance & Accounting Manager Salary 6 - 14 years exp. (12 salaries)	₹8.7 L/yr - ₹15 L/yr
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IT & Information Security Manager Salary 7 - 14 years exp. (10 salaries)	₹9.1 L/yr - ₹20 L/yr
Human Resources Manager Salary 9 - 11 years exp. (3 salaries)	₹12.1 L/yr - ₹20 L/yr
Data Science & Analytics Manager Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹9.1 L/yr - ₹12.5 L/yr

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Last Updated: 10 Mar 2025

Companies similar to HDB Financial Services for Manager in Mumbai

HDB Financial Services Manager Salary

4 - 16 years exp. (55 salaries)

₹6 L/yr - ₹18.3 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Manager Salary 1 - 14 years exp. (235 salaries)	₹5.2 L/yr - ₹16.1 L/yr 4% more
SMFG India Credit Manager Salary 1 - 10 years exp. (105 salaries)	₹6 L/yr - ₹22 L/yr 19% more
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IIFL Finance Manager Salary 3 - 14 years exp. (66 salaries)	₹3.1 L/yr - ₹13.2 L/yr 30% less
Mahindra Finance Manager Salary 5 - 17 years exp. (57 salaries)	₹7 L/yr - ₹20 L/yr 6% more	2 job openings
Bajaj Finance Manager Salary 1 - 10 years exp. (56 salaries)	₹3.6 L/yr - ₹12 L/yr 37% less	155 job openings
Tata Motors Finance Manager Salary 1 - 11 years exp. (25 salaries)	₹7 L/yr - ₹17 L/yr 14% more
Aditya Birla Finance Manager Salary 3 - 13 years exp. (22 salaries)	₹6.3 L/yr - ₹17.1 L/yr 4% less
Bajaj Housing Finance Manager Salary 1 - 8 years exp. (18 salaries)	₹4.7 L/yr - ₹10.6 L/yr 32% less
Shriram Finance Manager Salary 6 - 17 years exp. (17 salaries)	₹4.3 L/yr - ₹12 L/yr 10% less
BA Continuum Manager Salary 10 - 15 years exp. (11 salaries)	₹16 L/yr - ₹27.5 L/yr 97% more
Fedbank Financial Services Manager Salary 4 - 13 years exp. (7 salaries)	₹5.4 L/yr - ₹8.4 L/yr 28% less
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Muthoot Fincorp Manager Salary 5 - 12 years exp. (4 salaries)	₹4 L/yr - ₹10 L/yr 41% less
Home Credit Finance Manager Salary 5 - 14 years exp. (3 salaries)	₹12 L/yr - ₹17.3 L/yr 50% more

Manager salary at HDB Financial Services ranges between ₹6 Lakhs to ₹18.3 Lakhs per year for employees with experience between 4 years to 16 years. Salary estimates are based on 55 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Manager salaries in Mumbai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.8 L/yr
5 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
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6 years (5 salaries)	₹7.1 L/yr - ₹10.6 L/yr
7 years (6 salaries)	₹4.2 L/yr - ₹15.8 L/yr
8 years (3 salaries)	₹4.3 L/yr - ₹15 L/yr
9 years (8 salaries)	₹6 L/yr - ₹14.7 L/yr
10 years (4 salaries)	₹8.7 L/yr - ₹16 L/yr
11 years (7 salaries)	₹7.1 L/yr - ₹19.6 L/yr
12 years (4 salaries)	₹9.7 L/yr - ₹12.6 L/yr
13 years (5 salaries)	₹7.9 L/yr - ₹12 L/yr
14 years (5 salaries)	₹7 L/yr - ₹13.8 L/yr
15+ years (6 salaries)	₹8 L/yr - ₹14 L/yr

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Similar Designation salaries in HDB Financial Services

Deputy Manager Salary

(54 salaries)

₹3 L/yr - ₹9.1 L/yr

Credit Manager Salary

(45 salaries)

₹2.7 L/yr - ₹7 L/yr

Management Trainee Salary

(12 salaries)

₹4 L/yr - ₹4.3 L/yr

Senior Associate Salary

(6 salaries)

₹1.7 L/yr - ₹3.5 L/yr

Top skills at HDB Financial Services for Manager

Team Management Collections bpo Risk Management Collection Management

Salary related reviews for HDB Financial Services

2.7

Rated by 8 employees for salary & benefits

Management Trainee in New Delhi

Full Time

Sales & Business Development Department

2.0

• posted on 03 Aug 2020

1.0

for Salary and Benefits

Likes

They were not support anything only say salary hold h

Dislikes

...il of the customer and in Delhi one HR is very bad he always like a Dictator Mr.Siddharth Talwakar always give only one word to the employee I hold your salary this type of working culture and one thing company didn't get any feedback to the employee may be junior employee is right. I believe some one said that boss is always write in this case Mr.Siddharth but I give lot of thanks to all members of HDB FINANCIAL SERVICES LTD Family I always respect and I quit the job of HDB searching new job.

Salary - Bad

+5 more

Credit Manager in Aurangabad

BFSI, Investments & Trading Department

5.0

• posted on 03 May 2018

5.0

for Salary and Benefits

Likes

I would like to say HDB good company to work place, no pressure, good salary growth, career growth, work environment is very good and we can spend our time with family no restrictions to you job to be finished.

Salary - Excellent

+6 more

Dislikes

Nothing

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HDB Financial Services Manager Salary FAQs

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

The average salary of a Manager at HDB Financial Services in Mumbai typically ranges from ₹6.0 Lakhs to ₹18.3 Lakhs per year, depending on experience (from 4 years to 16 years).

The top 10% of Manager in Mumbai at HDB Financial Services earn more than ₹15.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. 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 50+ HDB Financial Services employees in India.

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

The estimated take-home salary of a Manager at HDB Financial Services in Mumbai typically ranges from ₹77,549 to ₹79,562 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹18.3 Lakhs per year for employees with experience ranging from 4 years to 16 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 50+ 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 Manager at HDB Financial Services in Mumbai?

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

- Team Management
- Collections
- bpo
- Risk Management
- Collection Management

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 Manager in India?

BA Continuum	₹16.0 Lakhs to ₹27.5 Lakhs per year
Home Credit Finance	₹12.0 Lakhs to ₹17.3 Lakhs per year
SMFG India Credit	₹6.0 Lakhs to ₹22.0 Lakhs per year
Tata Motors Finance	₹7.0 Lakhs to ₹17.0 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹20.0 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 Manager in companies similar to HDB Financial Services in Mumbai?

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

L&T Finance	₹5.2 Lakhs to ₹16.1 Lakhs per year
Aditya Birla Finance	₹6.3 Lakhs to ₹17.1 Lakhs per year
Shriram Finance	₹4.3 Lakhs to ₹12.0 Lakhs per year
Fedbank Financial Services	₹5.4 Lakhs to ₹8.4 Lakhs per year
IIFL Finance	₹3.1 Lakhs to ₹13.2 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 at HDB Financial Services in Mumbai?

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

Experience	Average Salary Range
4 years	₹9.3 Lakhs to ₹11.8 Lakhs per year
5 years	₹9.3 Lakhs to ₹11.9 Lakhs per year
6 years	₹7.1 Lakhs to ₹10.6 Lakhs per year
7 years	₹4.2 Lakhs to ₹15.8 Lakhs per year

and so on.

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HDB Financial Services Manager Salaries in Mumbai

HDB Financial Services Manager salary in Mumbai ranges between ₹6 Lakhs to ₹18.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 55 HDB Financial Services latest salaries received from various employees of HDB Financial Services.