HDB Financial Services Mumbai Senior Manager Salaries by 10+ Employees (Updated 2025)

0 - 15 years exp.

₹4.2 Lakhs - ₹17.9 Lakhs

Salary of majority employees

54% less than the average Senior Manager Salary in NBFC Companies for 0 - 15 years of experience

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Salaries in different departments

Customer Success, Service & Operations Senior Manager Salary 1 - 5 years exp. (4 salaries)	₹4.2 L/yr - ₹13.8 L/yr
Sales & Business Development Senior Manager Salary 0 - 9 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹12.2 L/yr
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Procurement & Supply Chain Senior Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹13.8 L/yr
BFSI, Investments & Trading Senior Manager Salary 15 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹17.8 L/yr
Data Science & Analytics Senior Manager Salary 15 years exp. (AmbitionBox Estimate)	₹5.8 L/yr - ₹17.2 L/yr

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Last Updated: 23 Feb 2025

Companies similar to HDB Financial Services for Senior Manager in Mumbai

HDB Financial Services Senior Manager Salary

0 - 15 years exp. (13 salaries)

₹4.2 L/yr - ₹17.9 L/yr

Company name	Avg Annual Salary	Open Jobs
L&T Finance Senior Manager Salary 2 - 13 years exp. (248 salaries)	₹9 L/yr - ₹26 L/yr 76% more
SMFG India Credit Senior Manager Salary 6 - 16 years exp. (151 salaries)	₹9 L/yr - ₹31 L/yr 111% more
Login to view exact salary
Mahindra Finance Senior Manager Salary 4 - 13 years exp. (54 salaries)	₹7 L/yr - ₹29.6 L/yr 67% more
IIFL Finance Senior Manager Salary 2 - 13 years exp. (33 salaries)	₹6 L/yr - ₹20 L/yr 13% more
Aditya Birla Finance Senior Manager Salary 3 - 14 years exp. (30 salaries)	₹10.3 L/yr - ₹25 L/yr 68% more
BA Continuum Senior Manager Salary 9 - 18 years exp. (27 salaries)	₹18.5 L/yr - ₹41.3 L/yr 201% more
Tata Motors Finance Senior Manager Salary 4 - 21 years exp. (27 salaries)	₹13 L/yr - ₹26 L/yr 80% more
Bajaj Finance Senior Manager Salary 4 - 11 years exp. (18 salaries)	₹8 L/yr - ₹25.2 L/yr 46% more	9 job openings
Fedbank Financial Services Senior Manager Salary 9 - 16 years exp. (15 salaries)	₹7.7 L/yr - ₹23 L/yr 52% more
Shriram Finance Senior Manager Salary 4 - 14 years exp. (5 salaries)	₹4.9 L/yr - ₹16 L/yr 8% less	2 job openings
Manappuram Finance Senior Manager Salary 8 - 11 years exp. (4 salaries)	₹4.5 L/yr - ₹11 L/yr 31% less
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Hero FinCorp Senior Manager Salary 13 - 15 years exp. (3 salaries)	₹12 L/yr - ₹26.5 L/yr 101% more
TVS Credit Senior Manager Salary 4 - 6 years exp. (3 salaries)	₹12.7 L/yr - ₹17 L/yr 69% more	1 job opening

Senior Manager salary at HDB Financial Services ranges between ₹4.2 Lakhs to ₹17.9 Lakhs per year for employees with less than 1 year of experience to 15 years. Salary estimates are based on 13 latest salaries received from various employees of HDB Financial Services.

Experience wise HDB Financial Services Senior Manager salaries in Mumbai

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
1 year (AmbitionBox Estimate)	₹5.5 L/yr - ₹7 L/yr
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2 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
3 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr
4 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
5 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
6 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
7 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
8 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
9 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
10 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
11 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹14 L/yr
12 years (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.7 L/yr
13 years (AmbitionBox Estimate)	₹12 L/yr - ₹15.4 L/yr
14 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
15+ years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr

View all

Similar Designation salaries in HDB Financial Services

Sales Manager Salary

(87 salaries)

₹1.85 L/yr - ₹6.5 L/yr

Deputy Manager Salary

(53 salaries)

₹3 L/yr - ₹9.1 L/yr

Senior Sales Manager Salary

(35 salaries)

₹3.2 L/yr - ₹7 L/yr

Territory Manager Salary

(14 salaries)

₹4 L/yr - ₹9.61 L/yr

Area Manager Salary

(9 salaries)

₹7 L/yr - ₹13.5 L/yr

Marketing Manager Salary

(3 salaries)

₹5.62 L/yr - ₹8.46 L/yr

Top skills at HDB Financial Services for Senior Manager

VMware VSphere CRM Fund Raising Internal Audit

Salary related reviews for HDB Financial Services

3.8

Rated by 5 employees for salary & benefits

Senior Manager in Mumbai

Other Department

5.0

• posted on 08 May 2020

5.0

for Salary and Benefits

Likes

I am glad to be a part of hdb financial servies my salary is low but i love this company i am glad to be a part of this such a amazing organization. And looking forward to be a part of it for years and years. Service and taking care of all employees is exceptional tysm hdb

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

Sales Officer in Barpeta

Full Time

Sales & Business Development Department

5.0

• posted on 01 Nov 2024

5.0

for Salary and Benefits

Likes

Some say that working at HDB Financial Services is a good place to start a career in lending and that they have a good work culture:

Salary - Excellent

+6 more

Dislikes

Some say the salary and growth level are low. No work-life balance: Some say there is no work-life balance.

Sales Manager in Jaipur

Full Time

Finance & Accounting Department

4.0

• posted on 01 Oct 2024

3.0

for Salary and Benefits

Likes

Only salary paid on time

Dislikes

Lot of things Pls remove sales part from HDB it's credit oriented group where only making fun on the basis of sales performance throw hold files without knowing facts in this group sales person are fool only credit is good If credit is good then why set higher target for sales team

Job security - Poor

+1 more

Sales Officer in Indore

Full Time

Sales & Business Development Department

3.0

• posted on 29 Sep 2024

3.0

for Salary and Benefits

Likes

Working in Hdb is very good 😊 Easy Loans Quick Process Good Environment Good incentive And etc

Dislikes

...n pressure and customer don't pay emi you self fund on emi and pay customer emi. Where employee is 10k salary where he pay customer emi this thing is worst.Then senior Demanding Higher Targets Example - Your new joined and your 1st month Target is 10 lakh and you achieved target senior Demanding next month 20 lakh and your not achieved target senior denied you to take leave and 1st Saturday Sunday is off senior say doing work in market.Company Is continue doing work on Saturday Sunday all employees are frusted there is no social and life balance.There Is very office Politics.Where some employees doing nothing senior don't say anything there employees all target pending login pending and collection pending those employees Senior Don't say anything and some employee doing 1 loan in month and some do many more but who did more company demand more and who don't do more company don't want more.this is very big problem in this company.There is no Senior Support Who talk upper level senior for discussion some case.All thing Doing self Login to Disbursement .Customer Service Is very worst .

Work-life balance - Poor

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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 Senior Manager Salary FAQs

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

The average salary of a Senior Manager at HDB Financial Services in Mumbai typically ranges from ₹4.2 Lakhs to ₹17.9 Lakhs per year, depending on experience (from Fresher to 15 years).

The top 10% of Senior Manager in Mumbai at HDB Financial Services earn more than ₹18.7 Lakhs per year, and the top 1% earn over ₹21.3 Lakhs per year. Senior 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 10+ HDB Financial Services employees in India.

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

The estimated take-home salary of a Senior Manager at HDB Financial Services in Mumbai typically ranges from ₹72,480 to ₹74,350 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹17.9 Lakhs per year for employees with experience ranging from Fresher to 15 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.

What are the key skills required to be a Senior Manager at HDB Financial Services in Mumbai?

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

- VMware
- VSphere
- CRM
- Fund Raising
- Internal Audit

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 Senior Manager in India?

BA Continuum	₹18.5 Lakhs to ₹41.3 Lakhs per year
SMFG India Credit	₹9.0 Lakhs to ₹31.0 Lakhs per year
Hero FinCorp	₹12.0 Lakhs to ₹26.5 Lakhs per year
Tata Motors Finance	₹13.0 Lakhs to ₹26.0 Lakhs per year
L&T Finance	₹9.0 Lakhs to ₹26.0 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 Senior Manager in companies similar to HDB Financial Services in Mumbai?

The salary of a Senior 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:

TVS Credit	₹12.7 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Finance	₹10.3 Lakhs to ₹25.0 Lakhs per year
Mahindra Finance	₹7.0 Lakhs to ₹29.6 Lakhs per year
Fedbank Financial Services	₹7.7 Lakhs to ₹23.0 Lakhs per year
Bajaj Finance	₹8.0 Lakhs to ₹25.2 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 Senior Manager at HDB Financial Services in Mumbai?

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

Experience	Average Salary Range
Fresher	₹5.0 Lakhs to ₹6.3 Lakhs per year
1 year	₹5.5 Lakhs to ₹7.0 Lakhs per year
2 years	₹6.1 Lakhs to ₹7.7 Lakhs per year
3 years	₹6.6 Lakhs to ₹8.4 Lakhs per year

and so on.

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HDB Financial Services Senior Manager Salaries in Mumbai

HDB Financial Services Senior Manager salary in Mumbai ranges between ₹4.2 Lakhs to ₹17.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 HDB Financial Services latest salaries received from various employees of HDB Financial Services.