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HDFC Bank Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 10 years exp.
₹1.8 Lakh - ₹7 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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53% less than the average Assistant Manager Salary in Banking Companies for 0 - 10 years of experience

Interested in this particular role?

Salaries in different departments

Customer Success, Service & Operations
Assistant Manager Salary
0 - 10 years exp. (453 salaries)
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₹1.8 L/yr - ₹6.5 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
0 - 10 years exp. (405 salaries)
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₹2.2 L/yr - ₹6.5 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 9 years exp. (243 salaries)
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₹1.9 L/yr - ₹6 L/yr

Sales & Business Development
Assistant Manager Salary
0 - 10 years exp. (122 salaries)
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₹2 L/yr - ₹6.2 L/yr

Marketing & Communication
Assistant Manager Salary
0 - 5 years exp. (25 salaries)
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₹3 L/yr - ₹5 L/yr

Last Updated: 2 Apr 2025

Companies similar to HDFC Bank for Assistant Manager in Mumbai

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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (1.6k salaries)

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₹1.8 L/yr - ₹7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Assistant Manager Salary

0 - 10 years exp. (3.5k salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 11% less
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Axis Bank Assistant Manager Salary

0 - 10 years exp. (2.5k salaries)

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₹1.8 L/yr - ₹6 L/yr

arrow icon 6% more
1 job opening
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (1.6k salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 5% more
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Yes Bank Assistant Manager Salary

0 - 11 years exp. (837 salaries)

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₹2.4 L/yr - ₹6.6 L/yr

arrow icon 17% more
1 job opening
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IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (572 salaries)

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₹1.5 L/yr - ₹6.2 L/yr

At par
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IDFC FIRST Bank Assistant Manager Salary

0 - 11 years exp. (554 salaries)

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₹2.3 L/yr - ₹6.6 L/yr

arrow icon 25% more
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RBL Bank Assistant Manager Salary

0 - 10 years exp. (502 salaries)

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₹2.1 L/yr - ₹7 L/yr

arrow icon 5% more
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IDBI Bank Assistant Manager Salary

0 - 12 years exp. (173 salaries)

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₹6.1 L/yr - ₹17.5 L/yr

arrow icon 229% more
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Bandhan Bank Assistant Manager Salary

0 - 10 years exp. (112 salaries)

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₹2.2 L/yr - ₹5.3 L/yr

At par
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Federal Bank Assistant Manager Salary

0 - 9 years exp. (103 salaries)

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₹7 L/yr - ₹18.5 L/yr

arrow icon 251% more
View all
Assistant Manager salary at HDFC Bank ranges between ₹1.8 Lakh to ₹7 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 1.6k latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Assistant Manager in Mumbai

1d ago
₹3 Lakhs
5 years exp.
1d ago
₹3.5 Lakhs
5 years exp.
2d ago
₹5 Lakhs
5 years exp.
3d ago
₹3.5 Lakhs
1 year exp.
3d ago
₹4 Lakhs
6 years exp.
4d ago
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2 years exp.
4d ago
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1 year exp.
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2 years exp.
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6 years exp.
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3 years exp.

Experience wise HDFC Bank Assistant Manager salaries in Mumbai

Last Updated: 2 Apr 2025

Experience Avg Annual Salary
Fresher  (75 salaries)

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₹2 L/yr - ₹5.5 L/yr
1 year  (170 salaries)

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₹2 L/yr - ₹6 L/yr
2 years  (267 salaries)

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₹1.8 L/yr - ₹6 L/yr
3 years  (299 salaries)

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₹1.8 L/yr - ₹6.6 L/yr
4 years  (247 salaries)

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₹2 L/yr - ₹6.2 L/yr
View all
HDFC Bank Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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0 - 10 years exp.

Regional Head

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13 - 24 years exp.

Assistant Manager

0 - 10 years exp.
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Manager

0 - 18 years exp.
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arrow icon 147% hike

Branch Manager

5 - 23 years exp.
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arrow icon 58% hike

From

To

Assistant Manager

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0 - 10 years exp.

Circle Head

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13 - 22 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10 L/yr
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₹3.1 L/yr - ₹12 L/yr
Team Manager Salary
(58 salaries)
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₹4.51 L/yr - ₹13.6 L/yr
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₹3.5 L/yr - ₹11 L/yr
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₹5.3 L/yr - ₹12 L/yr

Top skills at HDFC Bank for Assistant Manager

Disbursement Credit Appraisal Process Training Relationship Building Loan Origination

Salary related reviews for HDFC Bank

3.0

Rated by 183 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

3.0
  •  posted on 12 Jun 2022

4.0
 for  Salary and Benefits

Likes

Compensation is good, job is okay.

  • Salary - Good

Dislikes

Work Life balanced needs to be prioritised, even after working hours are over still we need to wait till 7:30 - 8 just to show that we are working, and other People for the sake of working will start to work only after working hours are over i.e after 6pm this people go to their desk and will leave by 9:00 to prove that there are working and rest of people who completes their work on time and leave on time, they don't get any recognitions from the Management.

read more
  • Work-life balance - Bad

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 13 Feb 2018

3.0
 for  Salary and Benefits

Likes

Bank in terms of salary is okay but in terms of work life balance is worse especially when it is related to trade finance. Work is heavy productivity of a person is poor it is true in heavy volumes someone cannot learn other things holidays working with no com off.more than 12 hours working HR don't corporate much

read more
  • Skill development - Good
  • +1 more

Dislikes

Same as above

  • Promotions - Bad
  • +2 more

BFSI, Investments & Trading Department

5.0
  •  posted on 24 Jan 2021

5.0
 for  Salary and Benefits

Likes

...ronment and culture.treammates are supportive and the management is transparent.company policies are good appraisal are fair and they gives Good salary hike and bonus every year.

read more
  • Salary - Excellent
  • +6 more

Dislikes

There is a lot of politics and the management doesn't address our issues.salary is decent but career growth is slow.

read more

Trade Finance Operations Department

4.0
  •  posted on 07 Jun 2020

3.0
 for  Salary and Benefits

Likes

...ng place properly sanitized..Provided leaves who is suffering from any illness..And salary also paid to all employees whether employee is absent

read more
  • Skill development - Good
  • +4 more

Dislikes

System and timing

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Feb 2025

1.0
 for  Salary and Benefits

Likes

I liked Nothing about it, pathetic

Dislikes

No increment in salary can you image 4%increment on your salary and you worked like a dog while year.. seniors treat you like there servant , no respect for employees.. it’s an horrible experience, no time for your own life.

read more
  • Salary - Bad
  • +5 more
see more salary related reviews

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HDFC Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at HDFC Bank in Mumbai?
The average salary of a Assistant Manager at HDFC Bank in Mumbai typically ranges from ₹1.8 Lakhs to ₹7.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Assistant Manager in Mumbai at HDFC Bank earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Assistant 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 1500+ HDFC Bank employees in India.
What is the estimated take home salary of a Assistant Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Assistant Manager at HDFC Bank in Mumbai typically ranges from ₹28,648 to ₹30,032 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹7.0 Lakhs per year for employees with experience ranging from Fresher to 10 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 1500+ salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at HDFC Bank in Mumbai?
To be a Assistant Manager at HDFC Bank in Mumbai, the key skills required include:

  • - Disbursement
  • - Credit Appraisal
  • - Process Training
  • - Relationship Building
  • - Loan Origination

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Bank for Assistant Manager in India?
Emirates NBD ₹14.5 Lakhs to ₹27.6 Lakhs per year
Federal Bank ₹7.0 Lakhs to ₹18.5 Lakhs per year
IDBI Bank ₹6.1 Lakhs to ₹17.5 Lakhs per year
State Bank of India ₹5.2 Lakhs to ₹18.0 Lakhs per year
Canara Bank ₹5.0 Lakhs to ₹21.0 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 Manager in companies similar to HDFC Bank in Mumbai?
The salary of a Assistant Manager at companies similar to HDFC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Paytm Payments Bank ₹8.5 Lakhs to ₹14.0 Lakhs per year
South Indian Bank ₹6.0 Lakhs to ₹16.0 Lakhs per year
Union Bank of India ₹5.0 Lakhs to ₹14.0 Lakhs per year
Central Bank of India ₹6.0 Lakhs to ₹15.0 Lakhs per year
Punjab National Bank ₹6.5 Lakhs to ₹12.0 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 Manager at HDFC Bank in Mumbai?
The salary growth for a Assistant Manager at HDFC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹5.5 Lakhs per year
1 year ₹2.0 Lakhs to ₹6.0 Lakhs per year
2 years ₹1.8 Lakhs to ₹6.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹6.6 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Assistant Manager salary in Mumbai ranges between ₹1.8 Lakh to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 1.6k HDFC Bank latest salaries received from various employees of HDFC Bank.