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HDFC Bank AVP salaries in Mumbai (Updated 2025)

Annual salary range
10 - 21 years exp.
₹15.7 Lakhs - ₹42 Lakhs
Salary of majority employees
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9% less than the average AVP Salary in Banking Companies for 10 - 21 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
AVP Salary
10 - 19 years exp. (33 salaries)
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₹16.8 L/yr - ₹42 L/yr

Project & Program Management
AVP Salary
10 - 16 years exp. (14 salaries)
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₹22 L/yr - ₹31 L/yr

Engineering - Software & QA
AVP Salary
11 - 17 years exp. (9 salaries)
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₹23.7 L/yr - ₹38 L/yr

IT & Information Security
AVP Salary
10 - 19 years exp. (9 salaries)
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₹27 L/yr - ₹36 L/yr

Finance & Accounting
AVP Salary
12 - 19 years exp. (8 salaries)
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₹21 L/yr - ₹33 L/yr

View all

Last Updated: 17 Mar 2025

Companies similar to HDFC Bank for AVP in Mumbai

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HDFC Bank AVP Salary

10 - 21 years exp. (151 salaries)

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₹15.7 L/yr - ₹42 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Axis Bank AVP Salary

9 - 24 years exp. (177 salaries)

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₹12 L/yr - ₹38 L/yr

arrow icon 6% less
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Kotak Mahindra Bank AVP Salary

8 - 19 years exp. (66 salaries)

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₹11 L/yr - ₹35.5 L/yr

arrow icon 21% less
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State Bank of India AVP Salary

4 - 14 years exp. (4 salaries)

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₹7 L/yr - ₹22.3 L/yr

arrow icon 45% less
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Yes Bank AVP Salary

6 - 18 years exp. (97 salaries)

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₹11 L/yr - ₹22 L/yr

arrow icon 42% less
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IDFC FIRST Bank AVP Salary

10 - 20 years exp. (43 salaries)

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₹16 L/yr - ₹35 L/yr

arrow icon 5% less
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RBL Bank AVP Salary

7 - 20 years exp. (43 salaries)

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₹12 L/yr - ₹23.8 L/yr

arrow icon 38% less
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IndusInd Bank AVP Salary

6 - 19 years exp. (99 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 36% less
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Bandhan Bank AVP Salary

10 - 16 years exp. (13 salaries)

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₹18 L/yr - ₹36 L/yr

arrow icon 3% less
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Federal Bank AVP Salary

15 - 16 years exp. (4 salaries)

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₹30 L/yr - ₹40 L/yr

arrow icon 27% more
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First Abu Dhabi Bank AVP Salary

8 - 12 years exp. (4 salaries)

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₹23 L/yr - ₹45 L/yr

arrow icon 13% more
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Shinhan Bank AVP Salary

13 - 15 years exp. (3 salaries)

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₹11.9 L/yr - ₹20 L/yr

arrow icon 43% less
AVP salary at HDFC Bank ranges between ₹15.7 Lakhs to ₹42 Lakhs per year for employees with experience between 10 years to 21 years. Salary estimates are based on 151 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank AVP in Mumbai

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10 years exp.
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19 years exp.
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17 years exp.
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17 years exp.
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19 years exp.
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13 years exp.
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11 years exp.
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18 years exp.
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13 years exp.
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17 years exp.

Experience wise HDFC Bank AVP salaries in Mumbai

Last Updated: 17 Mar 2025

Experience Avg Annual Salary
10 years  (14 salaries)

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₹18 L/yr - ₹42 L/yr
11 years  (18 salaries)

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₹16.8 L/yr - ₹36 L/yr
12 years  (22 salaries)

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₹17 L/yr - ₹40 L/yr
13 years  (16 salaries)

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₹20 L/yr - ₹40 L/yr
14 years  (21 salaries)

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₹19 L/yr - ₹33 L/yr
View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10.85 L/yr
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₹12 L/yr - ₹40 L/yr
Product Manager Salary
(570 salaries)
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₹7 L/yr - ₹25 L/yr
Sales Executive Salary
(349 salaries)
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₹1 L/yr - ₹5.9 L/yr
Business Analyst Salary
(343 salaries)
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₹4.93 L/yr - ₹20 L/yr
Junior Officer Salary
(210 salaries)
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₹0.9 L/yr - ₹4 L/yr
Officer Salary
(149 salaries)
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₹1.5 L/yr - ₹5 L/yr
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₹1.2 L/yr - ₹4.75 L/yr
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₹3.1 L/yr - ₹12 L/yr

Salary related reviews for HDFC Bank

3.8

Rated by 11 employees for salary & benefits

Project & Program Management Department

3.0
  •  posted on 26 Apr 2022

1.0
 for  Salary and Benefits

Likes

Job security & salary on time

  • Job security - Good

Dislikes

No clarity on job role, u r just a head count. You will be asked to work on anything irrespective of you skill set etc. HR is worst and everyone works for only their KRA and not single word out of hr mouth is true. If u give feedback to HR, it will be passed to your manager. Worst thing is if u resign, you will not get salary for entire notice period irrespective of if there is any loan against you or not. Literally it will make u bankrupt.

read more
  • Salary - Bad
  • +5 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 16 Feb 2025

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...working in this company for last 6 years but I have never seen any growth on it. Not in my position nor in my salary . So that I m looking another job. Some time I also fill like that why had I spend my 6 year because here is no any Skill development.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Marketing & Communication Department

2.0
  •  posted on 15 Feb 2025

2.0
 for  Salary and Benefits

Likes

Brand value and future leaders in banking ,

Dislikes

Internal Politics, no understand on employee struggles ,no job security, less salary in the market ,always think about bank profits ,no human values ,no caring of employees , no much digitalization comparing to other banks , No leaves ,huge pressure eon every employee for tgts , need huge profits with less man power, No happiness at working with bank .only need of the hour for employees

read more
  • Salary - Poor
  • +4 more

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.

read more
  • Salary - Poor
  • +1 more

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

SALARY ISSUE

see more salary related reviews

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HDFC Bank AVP Salary FAQs

What is the salary of AVP at HDFC Bank in Mumbai?
The average salary of a AVP at HDFC Bank in Mumbai typically ranges from ₹15.7 Lakhs to ₹42.0 Lakhs per year, depending on experience (from 10 years to 21 years).

The top 10% of AVP in Mumbai at HDFC Bank earn more than ₹33.4 Lakhs per year, and the top 1% earn over ₹40.0 Lakhs per year. AVP 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 100+ HDFC Bank employees in India.
What is the estimated take home salary of a AVP at HDFC Bank in Mumbai?
The estimated take-home salary of a AVP at HDFC Bank in Mumbai typically ranges from ₹1,69,904 to ₹1,76,449 per month. This is based on the average salary range of ₹15.7 Lakhs to ₹42.0 Lakhs per year for employees with experience ranging from 10 years to 21 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 100+ 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 AVP in India?
Federal Bank ₹30.0 Lakhs to ₹40.0 Lakhs per year
First Abu Dhabi Bank ₹23.0 Lakhs to ₹45.0 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 AVP in companies similar to HDFC Bank in Mumbai?
The salary of a AVP at companies similar to HDFC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bandhan Bank ₹18.0 Lakhs to ₹36.0 Lakhs per year
IDFC FIRST Bank ₹16.0 Lakhs to ₹35.0 Lakhs per year
Axis Bank ₹12.0 Lakhs to ₹38.0 Lakhs per year
Kotak Mahindra Bank ₹11.0 Lakhs to ₹35.5 Lakhs per year
IndusInd Bank ₹9.0 Lakhs to ₹25.0 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 AVP at HDFC Bank in Mumbai?
The salary growth for a AVP at HDFC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a AVP in Mumbai can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
10 years ₹18.0 Lakhs to ₹42.0 Lakhs per year
11 years ₹16.8 Lakhs to ₹36.0 Lakhs per year
12 years ₹17.0 Lakhs to ₹40.0 Lakhs per year
13 years ₹20.0 Lakhs to ₹40.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank AVP salary in Mumbai ranges between ₹15.7 Lakhs to ₹42 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 151 HDFC Bank latest salaries received from various employees of HDFC Bank.