HDFC Bank Associate Manager Salaries by 20+ Employees (Updated 2025)

0 - 8 years exp.

₹2.5 Lakhs - ₹6 Lakhs

Salary of majority employees

74% less than the average Associate Manager Salary in Banking Companies for 0 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Associate Manager Salary 0 - 6 years exp. (9 salaries)	₹2.5 L/yr - ₹4.5 L/yr
BFSI, Investments & Trading Associate Manager Salary 4 - 6 years exp. (6 salaries)	₹3.7 L/yr - ₹5.2 L/yr
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Risk Management & Compliance Associate Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.1 L/yr
Finance & Accounting Associate Manager Salary 1 year exp. (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.2 L/yr

Last Updated: 5 Feb 2025

Companies similar to HDFC Bank for Associate Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Associate Manager Salary 0 - 6 years exp. (37 salaries)	₹2.2 L/yr - ₹7.6 L/yr 3% more
Axis Bank Associate Manager Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹5.1 L/yr 2% less
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Kotak Mahindra Bank Associate Manager Salary 1 - 8 years exp. (75 salaries)	₹1.6 L/yr - ₹5.1 L/yr 17% less
State Bank of India Associate Manager Salary 0 - 8 years exp. (5 salaries)	₹7 L/yr - ₹14 L/yr 166% more
Standard Chartered Associate Manager Salary 3 - 17 years exp. (2.3k salaries)	₹5.3 L/yr - ₹20 L/yr 190% more
HSBC Group Associate Manager Salary 3 - 13 years exp. (27 salaries)	₹5 L/yr - ₹19 L/yr 191% more
Yes Bank Associate Manager Salary 0 - 9 years exp. (18 salaries)	₹2.4 L/yr - ₹6.5 L/yr 3% less
IDFC FIRST Bank Associate Manager Salary 0 - 6 years exp. (236 salaries)	₹2.4 L/yr - ₹6.9 L/yr 10% less	3 job openings
RBL Bank Associate Manager Salary 3 - 4 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr 7% less
IndusInd Bank Associate Manager Salary 0 - 10 years exp. (1.1k salaries)	₹1.5 L/yr - ₹6.8 L/yr 3% more
Bandhan Bank Associate Manager Salary 0 - 4 years exp. (7 salaries)	₹3.4 L/yr - ₹5 L/yr At par
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HSBC Global Banking and Markets Associate Manager Salary 10 - 12 years exp. (6 salaries)	₹15 L/yr - ₹19.9 L/yr 318% more
Federal Bank Associate Manager Salary 0 - 12 years exp. (5 salaries)	₹9.2 L/yr - ₹12 L/yr 165% more
Mashreq Bank Associate Manager Salary 8 - 11 years exp. (4 salaries)	₹16 L/yr - ₹17 L/yr 313% more
Utkarsh Small Finance Bank Associate Manager Salary 4 - 9 years exp. (4 salaries)	₹3.1 L/yr - ₹4 L/yr 14% less
Paytm Payments Bank Associate Manager Salary 3 - 5 years exp. (4 salaries)	₹3.5 L/yr - ₹5.5 L/yr 3% more
IDBI Bank Associate Manager Salary 3 - 8 years exp. (3 salaries)	₹11 L/yr - ₹18 L/yr 263% more
Canara Bank Associate Manager Salary 1 - 11 years exp. (3 salaries)	₹3.3 L/yr - ₹9.8 L/yr 91% more
Ujjivan Small Finance Bank Associate Manager Salary 2 - 5 years exp. (3 salaries)	₹3 L/yr - ₹4.5 L/yr 2% less

Associate Manager salary at HDFC Bank ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 26 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Associate Manager salaries

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹3 L/yr - ₹5.5 L/yr
1 year (6 salaries)	₹2.5 L/yr - ₹4.5 L/yr
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2 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹7.2 L/yr
3 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹6 L/yr
4 years (5 salaries)	₹3.2 L/yr - ₹5 L/yr
5 years (6 salaries)	₹3 L/yr - ₹4.2 L/yr
6 years (3 salaries)	₹1.6 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹4.5 L/yr
8 years (AmbitionBox Estimate)	₹3.1 L/yr - ₹6.9 L/yr

View all

Similar Designation salaries in HDFC Bank

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Project Lead Salary

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Module Lead Salary

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Software Engineer Salary

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₹2.4 L/yr - ₹12.85 L/yr

Test Lead Salary

(AmbitionBox Estimate)

₹12 L/yr - ₹15.3 L/yr

Technical Lead Salary

(11 salaries)

₹9.37 L/yr - ₹34.15 L/yr

Senior Engineer Salary

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Lead Engineer Salary

(AmbitionBox Estimate)

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Salary related reviews for HDFC Bank

3.8

Rated by 10 employees for salary & benefits

Associate Manager (working remotely)

Full Time

Finance & Accounting Department

5.0

• posted on 08 Oct 2024

5.0

for Salary and Benefits

Likes

strong brand reputation, good career growth opportunities, supportive work environment, competitive salary and benefits

Salary - Excellent

+6 more

Dislikes

intense work pressure, poor work-life balance, micromanagement, outdated systems, high sales targets, a competitive and sometimes stressful work culture

Project Manager in Lucknow

Full Time

Construction & Site Engineering Department

2.0

• posted on 28 Oct 2023

1.0

for Salary and Benefits

Likes

Salary on time

Dislikes

No transparent guidelines for sick leave and other necessary thinks like transfer payouts and many more. Your have to seek support for each and everything from your supervisor and always be thankful to him. Either he/she support you or not. Because you don't know your rights about such things.

Salary - Bad

+5 more

Senior Software Engineer in Bangalore / Bengaluru

Contractual

Engineering - Software & QA Department

1.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

Good tech stack Deep domain knowledge

Dislikes

Contract permanent employee partiality Non rational thinking managers Vendors should work like donkeys while permanent staff is chilling Most permanent staff are not good at their work Top management never hear about vendor employee concerns Many permanent staff is being paid hell of salary for no reason. HDFC should seriously consider vendors contribution at work and should do less pampering for permanent employees. Many managers have no idea what is happening in the project

Salary - Bad

+6 more

Team Lead in Chandigarh

Two wheeler finance Department

1.0

• posted on 09 Apr 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...and six month as a team leader but for them employees are not worth in any mean. They refused to give salary certificate and that's why I joined some other bank and there I get minimum package coz I don't have any salary details. I've got very bad experience here and am not going to suggest any one to work with hdfc under quantum. And our RSM Mr. Subhrandu medda he is hippocrit and culprit he hired females in good package even they don't have any knowledge. I really hate that guy.

Salary - Bad

+6 more

Customer Care Executive & Cashier in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 27 Feb 2025

1.0

for Salary and Benefits

Likes

One thing good about bank is that it works on buttering system which lead to fast growth of employee which I lack off 🤷‍♀️

Dislikes

Salary structure Imbalanced work life n company culture Gender discrimination Biased promotion including rating, bonus and increment No proper herichary to solve the issues faced by employee, if addresed then no solution given inadequate to this, have to face more toxic enviornment and inappropriate behaviour by seniors

Salary - Bad

+4 more

see more salary related reviews

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What people are saying about HDFC Bank

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spellbindingmint

works at

HDFC Bank

I got offer from Infosys as associate consultant and currently working as Wealth manager for HDFC bank. Is job security there in Infosys?

The scenario is here in HDFC, they are forcing us to join operations team and reducing our salary from 14lpa to 8.5lpa. While Infosys is offering 10.5lpa. What should I do as I think the in hand salary will be similar in both the companies. Worried about job security in Infosys.

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HDFC Bank Associate Manager Salary FAQs

What is the salary of Associate Manager at HDFC Bank?

Associate Manager salary at HDFC Bank in India ranges between ₹2.5 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 74% less than the average Associate Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of HDFC Bank India.

How does the salary of a Associate Manager at HDFC Bank India compare with the average salary range for this job?

The average salary of a Associate Manager at HDFC Bank is 74% less than the average salary of a Associate Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Bank to a Associate Manager in India?

HSBC Global Banking and Markets Associate Manager Salary - ₹15.0 Lakhs to ₹19.9 Lakhs per year
Mashreq Bank Associate Manager Salary - ₹16.0 Lakhs to ₹17.0 Lakhs per year
IDBI Bank Associate Manager Salary - ₹11.0 Lakhs to ₹18.0 Lakhs per year
HSBC Group Associate Manager Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year
Standard Chartered Associate Manager Salary - ₹5.3 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Associate Manager in companies similar to HDFC Bank in India?

State Bank of India Associate Manager Salary - ₹7.0 Lakhs to ₹14.0 Lakhs per year
Federal Bank Associate Manager Salary - ₹9.2 Lakhs to ₹12.0 Lakhs per year
Canara Bank Associate Manager Salary - ₹3.3 Lakhs to ₹9.8 Lakhs per year
Paytm Payments Bank Associate Manager Salary - ₹3.5 Lakhs to ₹5.5 Lakhs per year
IndusInd Bank Associate Manager Salary - ₹1.5 Lakhs to ₹6.8 Lakhs per year

What is the estimated take home salary of a Associate Manager at HDFC Bank in India?

The estimated take-home salary of a Associate Manager at HDFC Bank ranges between ₹29,092 per month to ₹30,469 per month in India. The take-home salary calculation is based on the average HDFC Bank Associate Manager salary in India which ranges between ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?

What is the notice period for Associate Manager at HDFC Bank?

According to AmbitionBox, 42% of the HDFC Bank Associate Managers reported a notice period of 1 Month, 42% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

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HDFC Bank Associate Manager Salaries

HDFC Bank Associate Manager salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 HDFC Bank latest salaries received from various employees of HDFC Bank.