HDB Financial Services Chennai Officer Grade 1 Salaries by 10 Employees (Updated 2025)

2 - 8 years exp.

₹2.2 Lakhs - ₹3.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

46% less than the average Officer Grade 1 Salary in NBFC Companies for 2 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Officer Grade 1 Salary 3 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹3.6 L/yr
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Finance & Accounting Officer Grade 1 Salary 3 - 5 years exp. (3 salaries)	₹2.8 L/yr - ₹3 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDB Financial Services for Officer Grade 1 in Chennai

HDB Financial Services Officer Grade 1 Salary

2 - 8 years exp. (10 salaries)

₹2.2 L/yr - ₹3.6 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank Officer Grade 1 Salary 0 - 3 years exp. (6 salaries)	₹2.3 L/yr - ₹3 L/yr 11% less
Federal Bank Officer Grade 1 Salary 0 - 2 years exp. (6 salaries)	₹7.5 L/yr - ₹10.5 L/yr 220% more
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Atos Officer Grade 1 Salary 0 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹3.5 L/yr 11% less
ICICI Bank Officer Grade 1 Salary 2 - 4 years exp. (3 salaries)	₹1.7 L/yr - ₹2.5 L/yr 33% less
Dr JRK's Siddha Research and Pharmaceuticals Officer Grade 1 Salary 5 - 7 years exp. (3 salaries)	₹2.2 L/yr - ₹2.4 L/yr 20% less

Officer Grade 1 salary at HDB Financial Services ranges between ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 10 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Officer Grade 1 salaries in Chennai

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
3 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.4 L/yr
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4 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.4 L/yr
5 years (3 salaries)	₹2.5 L/yr - ₹3 L/yr
6 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr
8 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹3.3 L/yr

View all

Similar Designation salaries in HDB Financial Services

Officer Salary

(228 salaries)

₹1.4 L/yr - ₹5 L/yr

Quality Analyst Salary

(22 salaries)

₹1.12 L/yr - ₹3.6 L/yr

Deputy Manager Salary

(10 salaries)

₹4 L/yr - ₹7.5 L/yr

Software Tester Salary

(6 salaries)

₹3 L/yr - ₹3.6 L/yr

Salary related reviews for HDB Financial Services

5.0

Rated by 1 employees for salary & benefits

Officer in Thane

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 06 Oct 2020

5.0

for Salary and Benefits

Likes

... environment and really supportive bank staff also as usual as HDB Hr companies policies are good appraisals are good salary hike and bonus good in every year actually in this year my promotion due but still promotion pending

Salary - Excellent

+6 more

Officer in Vadodara

Operations Department

4.0

• posted on 22 Jul 2021

2.0

for Salary and Benefits

Likes

...y due to work with HDBFS, And I am waiting for next chance in this organization. Here only one problem, And it's salary,Salary very low as per Job work Thank you so much for giving opportunity in our organization 🙏❤

Skill development - Good

+2 more

Dislikes

Salary - Poor
Company culture - Poor

Quality Analyst in Nerul

Full Time

Other Department

4.0

• posted on 27 Jul 2020

3.0

for Salary and Benefits

Likes

This company had supported a lot amid pandemic, the company policies are good. Working from home provides more flexibility, Employers encourage us to find time to have virtual coffees or even happy hours. Also training for online collaboration was must in career life.

Skill development - Good

+4 more

Dislikes

Salary is decent but career growth is slow.

Officer

payments Department

4.0

• posted on 11 Jun 2019

2.0

for Salary and Benefits

Likes

i am working with HDB finance since 2015,i like the culture of organisation.Even though seniors are very supportive. they supports in my work to grow my performance. As per travailing this is very convenient to me as my offic is near ( walkable distance) from station.

Skill development - Good

+4 more

Dislikes

...here is no time limit to work hence we are not able ti manage work life balance. salary or appraisal - we need to get salary it incentives on the basis our work performance however some of time it will getting upon your behaviour towards your seniors..

Salary - Poor

+1 more

Quality Analyst in Mumbai

Full Time

Credit Card Department

4.0

• posted on 04 Jul 2019

4.0

for Salary and Benefits

Likes

I love the fact that I am a part of a team. Another plus point is that my colleagues come from various cultural backgrounds, and we work happily in collaboration.

Salary - Good

+5 more

Dislikes

Compensation is decent, but growth is slow.

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 Officer Grade 1 Salary FAQs

What is the salary of Officer Grade 1 at HDB Financial Services in Chennai?

The average salary of a Officer Grade 1 at HDB Financial Services in Chennai typically ranges from ₹2.2 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Officer Grade 1 in Chennai at HDB Financial Services earn more than ₹3.3 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Officer Grade 1 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 10 HDB Financial Services employees in India.

What is the estimated take home salary of a Officer Grade 1 at HDB Financial Services in Chennai?

The estimated take-home salary of a Officer Grade 1 at HDB Financial Services in Chennai typically ranges from ₹20,934 to ₹22,583 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 2 years to 8 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 10 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 Officer Grade 1 in India?

Federal Bank

₹7.5 Lakhs to ₹10.5 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 Officer Grade 1 in companies similar to HDB Financial Services in Chennai?

The salary of a Officer Grade 1 at companies similar to HDB Financial Services in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Atos	₹2.2 Lakhs to ₹3.5 Lakhs per year
IndusInd Bank	₹2.3 Lakhs to ₹3.0 Lakhs per year
Dr JRK's Siddha Research and Pharmaceuticals	₹2.2 Lakhs to ₹2.4 Lakhs per year
ICICI Bank	₹1.7 Lakhs to ₹2.5 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 Officer Grade 1 at HDB Financial Services in Chennai?

The salary growth for a Officer Grade 1 at HDB Financial Services in Chennai depends on factors such as experience, performance, and promotions. On average, a Officer Grade 1 in Chennai can expect the following growth trajectory at HDB Financial Services:

Experience	Average Salary Range
2 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
3 years	₹2.7 Lakhs to ₹3.4 Lakhs per year
4 years	₹2.6 Lakhs to ₹3.4 Lakhs per year
5 years	₹2.5 Lakhs to ₹3.0 Lakhs per year

and so on.

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HDB Financial Services Officer Grade 1 Salaries in Chennai

HDB Financial Services Officer Grade 1 salary in Chennai ranges between ₹2.2 Lakhs to ₹3.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HDB Financial Services latest salaries received from various employees of HDB Financial Services.