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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 salaries in Mumbai

Annual salary range
0 - 6 years exp.
₹1.9 Lakh - ₹6 Lakhs
Salary of majority employees
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66% less than the average Associate Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Finance & Accounting
Associate Salary
0 - 4 years exp. (5 salaries)
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₹1.9 L/yr - ₹3 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 5 years exp. (4 salaries)
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₹1.9 L/yr - ₹5.8 L/yr

BFSI, Investments & Trading
Associate Salary
1 - 6 years exp. (3 salaries)
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₹2 L/yr - ₹2.8 L/yr

Administration & Facilities
Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹2.7 L/yr

Data Science & Analytics
Associate Salary
Fresher (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

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Last Updated: 15 Dec 2024

Companies similar to HDFC Bank for Associate in Mumbai

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HDFC Bank Associate Salary

0 - 6 years exp. (20 salaries)

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₹1.9 L/yr - ₹6 L/yr

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

0 - 6 years exp. (25 salaries)

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₹1.1 L/yr - ₹4.1 L/yr

arrow icon 2% more
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Axis Bank Associate Salary

0 - 7 years exp. (15 salaries)

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₹2.1 L/yr - ₹5 L/yr

arrow icon 37% more
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Kotak Mahindra Bank Associate Salary

0 - 7 years exp. (343 salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 5% less
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State Bank of India Associate Salary

1 - 6 years exp. (25 salaries)

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₹3 L/yr - ₹8.6 L/yr

arrow icon 151% more
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Standard Chartered Associate Salary

1 - 13 years exp. (56 salaries)

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₹9.6 L/yr - ₹34 L/yr

arrow icon 694% more
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Yes Bank Associate Salary

1 - 8 years exp. (8 salaries)

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₹2.5 L/yr - ₹4.9 L/yr

arrow icon 26% more
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IDFC FIRST Bank Associate Salary

0 - 8 years exp. (280 salaries)

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₹1.6 L/yr - ₹4.9 L/yr

arrow icon 15% more
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IndusInd Bank Associate Salary

1 - 8 years exp. (9 salaries)

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₹1.7 L/yr - ₹3.1 L/yr

arrow icon 8% more
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Federal Bank Associate Salary

1 - 4 years exp. (9 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 156% more
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Paytm Payments Bank Associate Salary

0 - 5 years exp. (8 salaries)

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₹2.4 L/yr - ₹3.5 L/yr

arrow icon 21% more
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₹8.6 L/yr - ₹17.3 L/yr

arrow icon 343% more
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Chase Bank Associate Salary

14 - 17 years exp. (3 salaries)

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₹21.1 L/yr - ₹25 L/yr

arrow icon 761% more
Associate salary at HDFC Bank ranges between ₹1.9 Lakh to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 20 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Associate in Mumbai

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Experience wise HDFC Bank Associate salaries in Mumbai

Last Updated: 15 Dec 2024

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹2.4 L/yr - ₹5.8 L/yr
1 year  (6 salaries)

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₹1.9 L/yr - ₹3 L/yr
2 years  (4 salaries)

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₹1.9 L/yr - ₹4 L/yr
3 years (AmbitionBox Estimate)

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

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₹1.1 L/yr - ₹3 L/yr
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Similar Designation salaries in HDFC Bank

Team Lead Salary
(26 salaries)
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₹1.15 L/yr - ₹8.35 L/yr
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₹2.2 L/yr - ₹10.75 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
Java Developer Salary
(4 salaries)
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₹3.5 L/yr - ₹7.5 L/yr

Top skills at HDFC Bank for Associate

Kafka Product Management Credit Risk Banking Credit Policy

Salary related reviews for HDFC Bank

3.4

Rated by 3 employees for salary & benefits

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

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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.

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Full Time

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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%

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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

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Full Time

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Engineering - Software & QA Department

2.0
  •  posted on 04 Dec 2024

3.0
 for  Salary and Benefits

Likes

Only job security. Salary on time. Work life balance is depends on manager.

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Dislikes

Excessive work load, it ruin week end and late night so it hardly impact on work life balance. Poor management (Depends on vertical). Poisonous politics. Unpractical deadlines. At join they told its hybrid but after few months manager ruling to come everyday. Bad infrastructure, office and internet services.

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Full Time

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Sales & Business Development Department

5.0
  •  posted on 04 Dec 2024

4.0
 for  Salary and Benefits

Likes

All are good job security, work life balance, Job satisfaction, Skills and knowledge development, these are all is good

Dislikes

Salary is not good. This company is a few things restricted to incentive and bonus and employee service not good. I am not satisfaction. These are all not good

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HDFC Bank Associate Salary FAQs

What is the salary of Associate at HDFC Bank Mumbai?
Associate salary at HDFC Bank in Mumbai ranges between ₹1.9 Lakhs to ₹6.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 66% less than the average Associate Salary in India. Salary estimates are based on 20 latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a Associate at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a Associate at HDFC Bank is 66% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at HDFC Bank?
Kafka, Product Management, Credit Risk, Banking and Credit Policy are some of the popular skills required to work as a Associate at HDFC Bank Mumbai.
Which similar companies are paying more than HDFC Bank to a Associate in Mumbai?
  • Chase Bank Associate Salary - ₹21.1 Lakhs to ₹25.0 Lakhs per year
  • Standard Chartered Associate Salary - ₹9.6 Lakhs to ₹34.0 Lakhs per year
  • HSBC Global Banking and Markets Associate Salary - ₹8.6 Lakhs to ₹17.3 Lakhs per year
  • Federal Bank Associate Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
  • State Bank of India Associate Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year
What is the salary of a Associate in companies similar to HDFC Bank in Mumbai?
  • Axis Bank Associate Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year
  • Yes Bank Associate Salary - ₹2.5 Lakhs to ₹4.9 Lakhs per year
  • Paytm Payments Bank Associate Salary - ₹2.4 Lakhs to ₹3.5 Lakhs per year
  • IDFC FIRST Bank Associate Salary - ₹1.6 Lakhs to ₹4.9 Lakhs per year
  • IndusInd Bank Associate Salary - ₹1.7 Lakhs to ₹3.1 Lakhs per year
What is the estimated take home salary of a Associate at HDFC Bank in Mumbai?
The estimated take-home salary of a Associate at HDFC Bank ranges between ₹19,093 per month to ₹20,770 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Associate salary in India which ranges between ₹1.9 Lakhs to ₹6.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for Associate at HDFC Bank in Mumbai?
According to AmbitionBox, 44% of the HDFC Bank Associates in Mumbai reported a notice period of 1 Month, 31% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Associate salary in Mumbai ranges between ₹1.9 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 20 HDFC Bank latest salaries received from various employees of HDFC Bank.