HDB Financial Services Mumbai Payroll Executive Salaries by 5 Employees

5 - 7 years exp.

₹2 Lakhs - ₹4.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% 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
Osource Global Payroll Executive Salary 1 - 6 years exp. (42 salaries)	₹1.2 L/yr - ₹3.8 L/yr 3% less
HGS Payroll Executive Salary 2 - 11 years exp. (35 salaries)	₹1.7 L/yr - ₹5.6 L/yr 37% more
Login to view exact salary
Larsen & Toubro Limited Payroll Executive Salary 0 - 4 years exp. (20 salaries)	₹1.8 L/yr - ₹3.5 L/yr 15% less
TSR Darashaw Payroll Executive Salary 0 - 7 years exp. (19 salaries)	₹2.1 L/yr - ₹4.2 L/yr 3% more
Wipro Payroll Executive Salary 1 - 4 years exp. (17 salaries)	₹2.2 L/yr - ₹4.2 L/yr 12% more

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

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Accountant Salary

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Senior Associate Salary

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Accounts Payable Executive Salary

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Administration Executive Salary

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Senior Payroll Executive Salary

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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

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDB Financial Services

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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 Payroll Executive Salary FAQs

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

The average salary of a Payroll Executive at HDB Financial Services in Mumbai typically ranges from ₹2.0 Lakhs to ₹4.1 Lakhs per year, depending on experience (from 5 years to 7 years).

The top 10% of Payroll Executive in Mumbai at HDB Financial Services earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.1 Lakhs per year. Payroll 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 5 HDB Financial Services employees in India.

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 in Mumbai typically ranges from ₹20,695 to ₹22,348 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹4.1 Lakhs per year for employees with experience ranging from 5 years to 7 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 5 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 Payroll Executive at HDB Financial Services in Mumbai?

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

- Payroll
- Statutory Compliance
- ESI

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 Payroll Executive in India?

HGS	₹1.7 Lakhs to ₹5.6 Lakhs per year
Wipro	₹2.2 Lakhs to ₹4.2 Lakhs per year
TSR Darashaw	₹2.1 Lakhs to ₹4.2 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 Payroll Executive in companies similar to HDB Financial Services in Mumbai?

The salary of a Payroll 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:

Osource Global	₹1.2 Lakhs to ₹3.8 Lakhs per year
Larsen & Toubro Limited	₹1.8 Lakhs to ₹3.5 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 Payroll Executive at HDB Financial Services in Mumbai?

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

Experience	Average Salary Range
5 years	₹2.3 Lakhs to ₹2.9 Lakhs per year
6 years	₹3.3 Lakhs to ₹4.2 Lakhs per year
7 years	₹2.0 Lakhs to ₹2.5 Lakhs per year

and so on.

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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.