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HDFC Bank

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3.9

based on 38k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank Associate Manager salaries in Mumbai

Annual salary range
1 - 6 years exp.
₹3.2 Lakhs - ₹5 Lakhs
Salary of majority employees
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76% less than the average Associate Manager Salary in Banking Companies for 1 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Manager Salary
4 years exp. (3 salaries)
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₹3.7 L/yr - ₹5 L/yr

Risk Management & Compliance
Associate Manager Salary
5 - 6 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹4.2 L/yr

Customer Success, Service & Operations
Associate Manager Salary
5 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹3.9 L/yr

Last Updated: 15 Sep 2024

Companies similar to HDFC Bank for Associate Manager in Mumbai

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HDFC Bank Associate Manager Salary

1 - 6 years exp. (7 salaries)

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₹3.2 L/yr - ₹5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Associate Manager Salary

0 - 6 years exp. (8 salaries)

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₹2.2 L/yr - ₹4 L/yr

arrow icon 12% less
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Kotak Mahindra Bank Associate Manager Salary

1 - 5 years exp. (13 salaries)

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₹3 L/yr - ₹3.7 L/yr

arrow icon 16% less
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Standard Chartered Associate Manager Salary

3 - 16 years exp. (52 salaries)

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₹5.5 L/yr - ₹15.5 L/yr

arrow icon 139% more
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Yes Bank Associate Manager Salary

2 - 9 years exp. (10 salaries)

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₹3.2 L/yr - ₹6.5 L/yr

arrow icon 2% more
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IDFC FIRST Bank Associate Manager Salary

0 - 6 years exp. (28 salaries)

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₹2.4 L/yr - ₹7 L/yr

arrow icon 11% less
5 job openings
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IndusInd Bank Associate Manager Salary

0 - 10 years exp. (466 salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 1% less
7 job openings
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₹13.5 L/yr - ₹17.2 L/yr

arrow icon 268% more
Associate Manager salary at HDFC Bank ranges between ₹3.2 Lakhs to ₹5 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Associate Manager in Mumbai

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5 years exp.
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1 year exp.
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6 years exp.
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5 years exp.
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4 years exp.
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4 years exp.

Experience wise HDFC Bank Associate Manager salaries in Mumbai

Last Updated: 15 Sep 2024

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹4 L/yr - ₹7.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.8 L/yr
3 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr
4 years  (3 salaries)

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₹3.7 L/yr - ₹5 L/yr
5 years (AmbitionBox Estimate)

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₹3.2 L/yr - ₹4.1 L/yr
View all

Similar Designation salaries in HDFC Bank

Project Manager Salary
(75 salaries)
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₹6 L/yr - ₹23 L/yr
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₹3.77 L/yr - ₹12 L/yr
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₹5.65 L/yr - ₹11 L/yr
Technical Lead Salary
(6 salaries)
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₹18.26 L/yr - ₹31.5 L/yr
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₹7.8 L/yr - ₹16.5 L/yr
Module Lead Salary
(3 salaries)
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₹7.8 L/yr - ₹13.4 L/yr

Salary related reviews for HDFC Bank

5.0

Rated by 1 employees for salary & benefits

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

read more

Dislikes

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

read more

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.

read more

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

read more

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.

read more

Full Time

 · 

IT & Information Security Department

3.0
  •  posted on 25 Dec 2024

4.0
 for  Salary and Benefits

Likes

1: They gives good bonus and that's the only good part of organisation. 2: If you are at higher position then loan benefits is best perk like home loan at 2.5%

read more

Dislikes

1: Favouritism is the worst part 2: HR is like they didn't exist they rarely hear you 3: Management trying to do worst from their end 4: Just like other old organisation they only care about new joinee

read more
see more salary related reviews

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HDFC Bank Associate Manager Salary FAQs

What is the salary of Associate Manager at HDFC Bank Mumbai?
Associate Manager salary at HDFC Bank in Mumbai ranges between ₹3.2 Lakhs to ₹5.0 Lakhs for experience between 1 years to 6 years. According to our estimates it is 76% less than the average Associate Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a Associate Manager at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a Associate Manager at HDFC Bank is 76% less than the average salary of a Associate Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Bank to a Associate Manager in Mumbai?
  • HSBC Global Banking and Markets Associate Manager Salary - ₹13.5 Lakhs to ₹17.2 Lakhs per year
  • Standard Chartered Associate Manager Salary - ₹5.5 Lakhs to ₹15.5 Lakhs per year
  • Yes Bank Associate Manager Salary - ₹3.2 Lakhs to ₹6.5 Lakhs per year
What is the salary of a Associate Manager in companies similar to HDFC Bank in Mumbai?
  • IndusInd Bank Associate Manager Salary - ₹1.8 Lakhs to ₹7.0 Lakhs per year
  • IDFC FIRST Bank Associate Manager Salary - ₹2.4 Lakhs to ₹7.0 Lakhs per year
  • ICICI Bank Associate Manager Salary - ₹2.2 Lakhs to ₹4.0 Lakhs per year
  • Kotak Mahindra Bank Associate Manager Salary - ₹3.0 Lakhs to ₹3.7 Lakhs per year
What is the estimated take home salary of a Associate Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Associate Manager at HDFC Bank ranges between ₹30,098 per month to ₹31,411 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Associate Manager salary in India which ranges between ₹3.2 Lakhs to ₹5.0 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?
What is the notice period for Associate Manager at HDFC Bank in Mumbai?
According to AmbitionBox, 75% of the HDFC Bank Associate Managers in Mumbai reported a notice period of 3 Months, 25% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Associate Manager salary in Mumbai ranges between ₹3.2 Lakhs to ₹5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 HDFC Bank latest salaries received from various employees of HDFC Bank.