HDFC Bank Mumbai Assistant General Manager Salaries by 4 Employees

11 - 16 years exp.

₹20 Lakhs - ₹35 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% more than the average Assistant General Manager Salary in Banking Companies for 11 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant General Manager Salary 12 years exp. (AmbitionBox Estimate)	₹28 L/yr - ₹31.2 L/yr
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Marketing & Communication Assistant General Manager Salary 11 years exp. (AmbitionBox Estimate)	₹29 L/yr - ₹33.9 L/yr

Last Updated: 25 Apr 2024

Companies similar to HDFC Bank for Assistant General Manager in Mumbai

HDFC Bank Assistant General Manager Salary

11 - 16 years exp. (4 salaries)

₹20 L/yr - ₹35 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant General Manager Salary 15 - 24 years exp. (130 salaries)	₹30 L/yr - ₹75 L/yr 81% more
IDBI Bank Assistant General Manager Salary 12 - 20 years exp. (114 salaries)	₹14 L/yr - ₹35 L/yr 11% less
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State Bank of India Assistant General Manager Salary 16 - 32 years exp. (52 salaries)	₹15.3 L/yr - ₹55 L/yr 21% more
The Saraswat Co-operative Bank Assistant General Manager Salary 15 - 22 years exp. (16 salaries)	₹22 L/yr - ₹28.5 L/yr 17% less
Union Bank of India Assistant General Manager Salary 16 - 31 years exp. (13 salaries)	₹18 L/yr - ₹48 L/yr 9% more
Punjab National Bank Assistant General Manager Salary 20 - 31 years exp. (10 salaries)	₹17.8 L/yr - ₹49 L/yr 3% more
Karur Vysya Bank Assistant General Manager Salary 14 - 30 years exp. (5 salaries)	₹25 L/yr - ₹36 L/yr 2% more
Central Bank of India Assistant General Manager Salary 12 - 28 years exp. (4 salaries)	₹19.8 L/yr - ₹34 L/yr 26% less
Canara Bank Assistant General Manager Salary 15 - 19 years exp. (3 salaries)	₹20 L/yr - ₹38 L/yr 3% more

Assistant General Manager salary at HDFC Bank ranges between ₹20 Lakhs to ₹35 Lakhs per year for employees with experience between 11 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Assistant General Manager salaries in Mumbai

Last Updated: 25 Apr 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹26 L/yr - ₹33.2 L/yr
12 years (AmbitionBox Estimate)	₹26.3 L/yr - ₹33.6 L/yr
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13 years (AmbitionBox Estimate)	₹26.7 L/yr - ₹34.1 L/yr
14 years (AmbitionBox Estimate)	₹27.1 L/yr - ₹34.6 L/yr
15+ years (AmbitionBox Estimate)	₹28.4 L/yr - ₹36.2 L/yr

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Salary related reviews for HDFC Bank

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Mar 2025

2.0

for Salary and Benefits

Likes

Don't have anything to like here

Dislikes

No Work life balance here No opportunity for skill development. No proper salary hike If you and family suffering from anything and u not providing proper productivity due any issue then don't have job security.

Salary - Poor

+5 more

Deputy Manager in Guwahati (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 09 Feb 2025

2.0

for Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

Skill development - Good

+1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

Salary - Poor

+1 more

Sales Manager in Aurangabad

Full Time

Sales & Business Development Department

4.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Product, customer trust on bank and it's help you to work in bank , office collogue help for you work time , internal job switch option available and job security only on your performance.

Job security - Good

+1 more

Dislikes

As per work not provide the salary and time to time change the product and sales targets , with out intimation and taken consent the role and work , promotion not depends on you it's totally depends on the supervisor and higher supervisor if they want to give you pramotion for not.

Salary - Poor

+1 more

Sales Executive in Jabalpur (working remotely)

Full Time

Finance & Accounting Department

5.0

• posted on 06 Feb 2025

5.0

for Salary and Benefits

Likes

strong brand reputation, dynamic work environment, excellent learning and development opportunities, supportive culture, focus on customer service, good career growth prospects, competitive compensation, and the ability to develop strong sales and financial management skills

Salary - Excellent

+6 more

Dislikes

SALARY ISSUE

Sales Manager in Vijayawada

Full Time

Sales & Business Development Department

5.0

• posted on 04 Jan 2025

4.0

for Salary and Benefits

Likes

strong brand reputation, good learning and development opportunities, a supportive work culture with helpful colleagues, competitive salary and incentives, and the potential for career growth within the organization

Salary - Good

+6 more

Dislikes

Some challenges include high work pressure,

see more salary related reviews

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What people are saying about HDFC Bank

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yoyoyo

works at

HDFC Bank

Need suggestion for betterment

I am 32, having experience of 7 years in working capital vertical, have been stuck in my present job due to family issues. It is really difficult for me to relocate to any other city and I am not getting enough response in my present location in the same vertical in other companies. Salary is really low (Present CTC is 4.01 L) and struggling to survive in daily life expenses. Kindly suggest.

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HDFC Bank Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at HDFC Bank in Mumbai?

The average salary of a Assistant General Manager at HDFC Bank in Mumbai typically ranges from ₹20.0 Lakhs to ₹35.0 Lakhs per year, depending on experience (from 11 years to 16 years).

The top 10% of Assistant General Manager in Mumbai at HDFC Bank earn more than ₹35.0 Lakhs per year, and the top 1% earn over ₹35.0 Lakhs per year. Assistant General Manager Salaries at HDFC Bank 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 4 HDFC Bank employees in India.

What is the estimated take home salary of a Assistant General Manager at HDFC Bank in Mumbai?

The estimated take-home salary of a Assistant General Manager at HDFC Bank in Mumbai typically ranges from ₹1,88,759 to ₹1,96,157 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹35.0 Lakhs per year for employees with experience ranging from 11 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 4 salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Bank for Assistant General Manager in India?

ICICI Bank	₹30.0 Lakhs to ₹75.0 Lakhs per year
State Bank of India	₹15.3 Lakhs to ₹55.0 Lakhs per year
Union Bank of India	₹18.0 Lakhs to ₹48.0 Lakhs per year
Punjab National Bank	₹17.8 Lakhs to ₹49.0 Lakhs per year
Canara Bank	₹20.0 Lakhs to ₹38.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.

What is the salary of a Assistant General Manager in companies similar to HDFC Bank in Mumbai?

The salary of a Assistant General Manager at companies similar to HDFC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Karur Vysya Bank	₹25.0 Lakhs to ₹36.0 Lakhs per year
IDBI Bank	₹14.0 Lakhs to ₹35.0 Lakhs per year
The Saraswat Co-operative Bank	₹22.0 Lakhs to ₹28.5 Lakhs per year
Central Bank of India	₹19.8 Lakhs to ₹34.0 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 Assistant General Manager at HDFC Bank in Mumbai?

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

Experience	Average Salary Range
11 years	₹26.0 Lakhs to ₹33.2 Lakhs per year
12 years	₹26.3 Lakhs to ₹33.6 Lakhs per year
13 years	₹26.7 Lakhs to ₹34.1 Lakhs per year
14 years	₹27.1 Lakhs to ₹34.6 Lakhs per year

and so on.

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HDFC Bank Assistant General Manager Salaries in Mumbai

HDFC Bank Assistant General Manager salary in Mumbai ranges between ₹20 Lakhs to ₹35 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Bank latest salaries received from various employees of HDFC Bank.