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HDFC Bank Bank Manager salaries in Mumbai (Updated 2025)

Annual salary range
3 - 15 years exp.
₹2.9 Lakhs - ₹8.6 Lakhs
Salary of majority employees
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16% less than the average Bank Manager Salary in Banking Companies for 3 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Bank Manager Salary
10 - 15 years exp. (AmbitionBox Estimate)
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₹6.2 L/yr - ₹8.6 L/yr

Finance & Accounting
Bank Manager Salary
12 - 15 years exp. (AmbitionBox Estimate)
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₹4.9 L/yr - ₹8 L/yr

Customer Success, Service & Operations
Bank Manager Salary
15 years exp. (AmbitionBox Estimate)
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₹5.3 L/yr - ₹8.5 L/yr

Last Updated: 28 Feb 2025

Companies similar to HDFC Bank for Bank Manager in Mumbai

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HDFC Bank Bank Manager Salary

3 - 15 years exp. (7 salaries)

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₹2.9 L/yr - ₹8.6 L/yr

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

3 - 19 years exp. (9 salaries)

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₹5 L/yr - ₹17 L/yr

arrow icon 51% more
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ICICI Bank Bank Manager Salary

1 - 11 years exp. (7 salaries)

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₹4 L/yr - ₹11.4 L/yr

arrow icon 2% less
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IndusInd Bank Bank Manager Salary

3 - 15 years exp. (5 salaries)

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₹3 L/yr - ₹7.4 L/yr

arrow icon 31% less
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Kotak Mahindra Bank Bank Manager Salary

3 - 11 years exp. (4 salaries)

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₹2.4 L/yr - ₹8 L/yr

arrow icon 3% more
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Union Bank of India Bank Manager Salary

3 - 7 years exp. (3 salaries)

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₹8.5 L/yr - ₹12 L/yr

arrow icon 67% more
Bank Manager salary at HDFC Bank ranges between ₹2.9 Lakhs to ₹8.6 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Bank Manager in Mumbai

3w ago
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12 years exp.
11mo ago
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6 years exp.
1y ago
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15 years exp.

Experience wise HDFC Bank Bank Manager salaries in Mumbai

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2 L/yr - ₹6 L/yr
4 years (AmbitionBox Estimate)

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₹4.8 L/yr - ₹6.1 L/yr
5 years (AmbitionBox Estimate)

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₹5 L/yr - ₹6.4 L/yr
6 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹10.6 L/yr
7 years (AmbitionBox Estimate)

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₹5.6 L/yr - ₹7.1 L/yr
View all
HDFC Bank Bank Manager Salary and Career Growth

From

To

Bank Manager

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3 - 15 years exp.

Regional Head

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13 - 24 years exp.

Bank Manager

3 - 15 years exp.
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Branch Manager

5 - 23 years exp.
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arrow icon 99% hike

Cluster Head

9 - 21 years exp.
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arrow icon 41% hike

From

To

Bank Manager

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3 - 15 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
Sales Manager Salary
(564 salaries)
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₹3.5 L/yr - ₹13 L/yr
Sales Officer Salary
(463 salaries)
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₹1.05 L/yr - ₹5.5 L/yr
Credit Manager Salary
(450 salaries)
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₹4 L/yr - ₹15 L/yr
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₹3.13 L/yr - ₹12 L/yr
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₹9 L/yr - ₹24.25 L/yr
Team Lead Salary
(26 salaries)
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₹1.15 L/yr - ₹9.18 L/yr
Branch Head Salary
(16 salaries)
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₹12 L/yr - ₹24.9 L/yr
Finance Manager Salary
(14 salaries)
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₹5.52 L/yr - ₹6.33 L/yr

Salary related reviews for HDFC Bank

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

 · 

Sales & Business Development Department

4.0
  •  posted on 06 Feb 2025

2.0
 for  Salary and Benefits

Likes

Product, customer trust on bank and it's help you to work in bank , office collogue help for you work time , internal job switch option available and job security only on your performance.

read more
  • Job security - Good
  • +1 more

Dislikes

As per work not provide the salary and time to time change the product and sales targets , with out intimation and taken consent the role and work , promotion not depends on you it's totally depends on the supervisor and higher supervisor if they want to give you pramotion for not.

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 06 Feb 2025

4.0
 for  Salary and Benefits

Likes

Salary and skill development is good in hdfc bank.

  • Salary - Good
  • +1 more

Dislikes

Politics faces always a front ground staff always threatening to staff for transfer, rating and many more. If we say any suggestions or openion to seniors then they always write a mail that you have descipline issue you have attitude at work place and many more. If I say there are lots of problem and politics which junior and front staff face in all the branches by branch manager and cluster head. I get terminated on dec 4 2023 just because of politics by branch manager and cluster head. No complaint by customer no forgery done by me just branch manager complaint for me that I have signed a FD request form on behalf of customer. But there is no complaint by customer or any other person then also I get terminated and 2 month passed away I didn't get my relieving letter. Just tell me how I do work and how I survive my family . I have only on option and the option is suicide because If I didn't get reliving letter then I didn't get a job in any bank. So I need justice if you really think that then please give me a justice.

read more
  • Job security - Bad
  • +4 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

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HDFC Bank Bank Manager Salary FAQs

What is the salary of Bank Manager at HDFC Bank in Mumbai?
The average salary of a Bank Manager at HDFC Bank in Mumbai typically ranges from ₹2.9 Lakhs to ₹8.6 Lakhs per year, depending on experience (from 3 years to 15 years).

The top 10% of Bank Manager in Mumbai at HDFC Bank earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹8.6 Lakhs per year. Bank 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 7 HDFC Bank employees in India.
What is the estimated take home salary of a Bank Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Bank Manager at HDFC Bank in Mumbai typically ranges from ₹51,957 to ₹53,182 per month. This is based on the average salary range of ₹2.9 Lakhs to ₹8.6 Lakhs per year for employees with experience ranging from 3 years to 15 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 7 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 Bank Manager in India?
Union Bank of India ₹8.5 Lakhs to ₹12.0 Lakhs per year
Axis Bank ₹5.0 Lakhs to ₹17.0 Lakhs per year
Kotak Mahindra Bank ₹2.4 Lakhs to ₹8.0 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 Bank Manager in companies similar to HDFC Bank in Mumbai?
The salary of a Bank Manager at companies similar to HDFC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹4.0 Lakhs to ₹11.4 Lakhs per year
IndusInd Bank ₹3.0 Lakhs to ₹7.4 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 Bank Manager at HDFC Bank in Mumbai?
The salary growth for a Bank Manager at HDFC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Bank Manager in Mumbai can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
3 years ₹2.0 Lakhs to ₹6.0 Lakhs per year
4 years ₹4.8 Lakhs to ₹6.1 Lakhs per year
5 years ₹5.0 Lakhs to ₹6.4 Lakhs per year
6 years ₹2.9 Lakhs to ₹10.6 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Bank Manager salary in Mumbai ranges between ₹2.9 Lakhs to ₹8.6 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.