HDB Financial Services Mumbai Payroll Executive Salaries by 5 Employees (Updated 2025)

5 - 7 years exp.

₹2 Lakhs - ₹4.1 Lakhs

Salary of majority employees

14% less than the average Payroll Executive Salary in NBFC Companies for 5 - 7 years of experience

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Salaries in different departments

Finance & Accounting Payroll Executive Salary 5 - 7 years exp. (3 salaries)	₹2 L/yr - ₹3.2 L/yr
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Human Resources Payroll Executive Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.1 L/yr

Last Updated: 5 Jul 2023

Companies similar to HDB Financial Services for Payroll Executive in Mumbai

HDB Financial Services Payroll Executive Salary

5 - 7 years exp. (5 salaries)

₹2 L/yr - ₹4.1 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Payroll Executive Salary 3 - 6 years exp. (5 salaries)	₹3.3 L/yr - ₹3.7 L/yr 18% more
Osource Global Payroll Executive Salary 1 - 6 years exp. (44 salaries)	₹1.2 L/yr - ₹3.8 L/yr At par
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HGS Payroll Executive Salary 1 - 8 years exp. (34 salaries)	₹1.7 L/yr - ₹5.5 L/yr 17% more
Wipro Payroll Executive Salary 1 - 5 years exp. (26 salaries)	₹2.2 L/yr - ₹4.2 L/yr 14% more
Larsen & Toubro Limited Payroll Executive Salary 0 - 4 years exp. (20 salaries)	₹1.8 L/yr - ₹3.5 L/yr 15% less

Payroll Executive salary at HDB Financial Services ranges between ₹2 Lakhs to ₹4.1 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Payroll Executive salaries in Mumbai

Last Updated: 5 Jul 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹2.9 L/yr
6 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹4.2 L/yr
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7 years (AmbitionBox Estimate)	₹2 L/yr - ₹2.5 L/yr

Similar Designation salaries in HDB Financial Services

Sales Executive Salary

(683 salaries)

₹1 L/yr - ₹5 L/yr

Finance Executive Salary

(23 salaries)

₹1.4 L/yr - ₹3.2 L/yr

Accountant Salary

(12 salaries)

₹1.45 L/yr - ₹4.5 L/yr

Senior Associate Salary

(6 salaries)

₹1.7 L/yr - ₹3.5 L/yr

Accounts Payable Executive Salary

(4 salaries)

₹1.5 L/yr - ₹3.8 L/yr

Senior Payroll Executive Salary

(3 salaries)

₹3 L/yr - ₹4 L/yr

Top skills at HDB Financial Services for Payroll Executive

Payroll Statutory Compliance ESI

Salary related reviews for HDB Financial Services

Sales Executive in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 24 Oct 2023

1.0

for Salary and Benefits

Likes

HDB give us a opportunity to job and give us avarage salary pakage to make our life style good. And also Insentive structure is very good.

Dislikes

Their are lots of things I dislike of this company. They hold salary if you didn't achive your target. After 6 months your salary cutoff upto RS. 1000 which one is terrible. The work culture and pressure also not acceptable. And lots of things are very poor of this company.

Salary - Bad

+5 more

Sales Executive in Patiala

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 06 Oct 2023

2.0

for Salary and Benefits

Likes

Working with HDB financial servirces is very good. I learned so many new things in banking

Skill development - Excellent

+3 more

Dislikes

The one of the worst part is freshers salary package. Salary’s startup is very low in the industry. I requested you to please improve this

Salary - Poor

Sales Executive in Dhanbad

Full Time

Sales & Business Development Department

3.0

• posted on 11 Aug 2023

2.0

for Salary and Benefits

Likes

I was working in third party pay roll in Hdfc bank Ltd hdfc bank work culture was good but as third party staff promotion or bonus and increment was not good.

Dislikes

Salary was very lower and incremental, bonus or promotion is not sure and not confirmed yet.

Salary - Poor

+2 more

Sales Executive in Gurgaon / Gurugram

Full Time

Sales & Business Development Department

5.0

• posted on 27 Jan 2023

5.0

for Salary and Benefits

Likes

Working Conditions are good,Face to Face interview selection procedure , Experience also needed. Job security is not as its a sales profile. Work pressure is also their.

Salary - Excellent

+6 more

Dislikes

...ait too long for pramotion due to very high competition and less requirements. Salary is average you don't get very well appraisal.

Sales Executive in Kolkata

Full Time

Sales & Business Development Department

3.0

• posted on 05 Dec 2022

1.0

for Salary and Benefits

Likes

Seniors are helpful & insensitive structure is good.

Skill development - Good

+2 more

Dislikes

Salary is vary vary low. It's a fully market base job but no convence provide by company, everything is yours. If you fail to get insensitive your take home will be 0. Sometimes you have to work on holidays also.

Salary - Bad

+2 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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HDB Financial Services Payroll Executive Salary FAQs

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

Payroll Executive salary at HDB Financial Services in Mumbai ranges between ₹2.0 Lakhs to ₹4.1 Lakhs for experience between 5 years to 7 years. According to our estimates it is 14% less than the average Payroll Executive Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDB Financial Services Mumbai.

How does the salary of a Payroll Executive at HDB Financial Services Mumbai compare with the average salary range for this job?

The average salary of a Payroll Executive at HDB Financial Services is 14% less than the average salary of a Payroll Executive in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Payroll Executive at HDB Financial Services?

Payroll, Statutory Compliance and ESI are some of the popular skills required to work as a Payroll Executive at HDB Financial Services Mumbai.

Which similar companies are paying more than HDB Financial Services to a Payroll Executive in Mumbai?

Kotak Mahindra Bank Payroll Executive Salary - ₹3.3 Lakhs to ₹3.7 Lakhs per year
HGS Payroll Executive Salary - ₹1.7 Lakhs to ₹5.5 Lakhs per year
Wipro Payroll Executive Salary - ₹2.2 Lakhs to ₹4.2 Lakhs per year

What is the salary of a Payroll Executive in companies similar to HDB Financial Services in Mumbai?

Osource Global Payroll Executive Salary - ₹1.2 Lakhs to ₹3.8 Lakhs per year
Larsen & Toubro Limited Payroll Executive Salary - ₹1.8 Lakhs to ₹3.5 Lakhs per year

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

The estimated take-home salary of a Payroll Executive at HDB Financial Services ranges between ₹20,695 per month to ₹22,348 per month in Mumbai. The take-home salary calculation is based on the average HDB Financial Services Payroll Executive salary in India which ranges between ₹2.0 Lakhs to ₹4.1 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Payroll Executive at HDB Financial Services in Mumbai?

According to AmbitionBox, 100% of the HDB Financial Services Payroll Executives in Mumbai reported a notice period of 1 Month.This is based on 2 responses on AmbitionBox in last 2 years.

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HDB Financial Services Payroll Executive Salaries in Mumbai

HDB Financial Services Payroll Executive salary in Mumbai ranges between ₹2 Lakhs to ₹4.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDB Financial Services latest salaries received from various employees of HDB Financial Services.