Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by HDFC Bank Team. If you also belong to the team, you can get access from here

HDFC Bank Verified Tick

Compare button icon Compare button icon Compare

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

HDFC Bank Business Correspondent salaries in India (Updated 2025)

Annual salary range
1 - 5 years exp.
₹1.9 Lakh - ₹3.6 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

9% less than the average Business Correspondent Salary in Banking Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development
Business Correspondent Salary
1 - 3 years exp. (3 salaries)
unlock-blur

₹1.9 L/yr - ₹2.4 L/yr

Human Resources
Business Correspondent Salary
5 years exp. (AmbitionBox Estimate)
unlock-blur

₹3.2 L/yr - ₹4 L/yr

Last Updated: 6 Feb 2025

Companies similar to HDFC Bank for Business Correspondent

Company name Avg Annual Salary Open Jobs
unlock blur

₹1.3 L/yr - ₹4 L/yr

arrow icon 14% more
Logo
ICICI Bank Business Correspondent Salary

0 - 6 years exp. (5 salaries)

unlock blur

₹2.4 L/yr - ₹3.5 L/yr

arrow icon 17% more
Logo
Axis Bank Business Correspondent Salary

2 - 7 years exp. (6 salaries)

unlock blur

₹0.9 L/yr - ₹2.8 L/yr

arrow icon 11% less
Logo
IndusInd Bank Business Correspondent Salary

2 - 4 years exp. (5 salaries)

unlock blur

₹2.5 L/yr - ₹3 L/yr

arrow icon 12% more
Logo
IDFC FIRST Bank Business Correspondent Salary

2 - 12 years exp. (4 salaries)

unlock blur

₹2.1 L/yr - ₹4 L/yr

arrow icon 21% more
Logo
Canara Bank Business Correspondent Salary

1 - 6 years exp. (12 salaries)

unlock blur

₹1.2 L/yr - ₹5.2 L/yr

arrow icon 19% more
unlock blur

₹1.5 L/yr - ₹3 L/yr

arrow icon 4% less
unlock blur

₹1.5 L/yr - ₹2.5 L/yr

arrow icon 14% less
unlock blur

₹1 L/yr - ₹1.2 L/yr

arrow icon 57% less
unlock blur

₹1 L/yr - ₹3.3 L/yr

arrow icon 15% less
Logo
unlock blur

₹1 L/yr - ₹2.5 L/yr

arrow icon 32% less
Business Correspondent salary at HDFC Bank ranges between ₹1.9 Lakh to ₹3.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 6 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Business Correspondent

3d ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
2 years exp.
1y ago
avg blur mobile
3 years exp.
1y ago
avg blur mobile
1 year exp.
1y ago
avg blur mobile
5 years exp.

Experience wise HDFC Bank Business Correspondent salaries

Last Updated: 6 Feb 2025

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

unlock blur

₹1.9 L/yr - ₹2 L/yr
2 years (AmbitionBox Estimate)

unlock blur

₹2 L/yr - ₹3.5 L/yr
3 years (AmbitionBox Estimate)

unlock blur

₹2 L/yr - ₹2.4 L/yr
4 years (AmbitionBox Estimate)

unlock blur

₹2.5 L/yr - ₹3.2 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹1.3 L/yr - ₹3.6 L/yr

Similar Designation salaries in HDFC Bank

Sales Coordinator Salary
(189 salaries)
unlock blur
₹1 L/yr - ₹4.68 L/yr
unlock blur
₹1.95 L/yr - ₹10.5 L/yr
Sales Executive Salary
(2.4k salaries)
unlock blur
₹0.5 L/yr - ₹6 L/yr
Sales Engineer Salary
(5 salaries)
unlock blur
₹1.5 L/yr - ₹3.5 L/yr
unlock blur
₹2 L/yr - ₹3.5 L/yr
unlock blur
₹1.2 L/yr - ₹4 L/yr
Sales Associate Salary
(55 salaries)
unlock blur
₹1.44 L/yr - ₹3 L/yr
unlock blur
₹2.19 L/yr - ₹12 L/yr
unlock blur
₹1.25 L/yr - ₹6.5 L/yr
Store Manager Salary
(8 salaries)
unlock blur
₹5.5 L/yr - ₹20 L/yr

Salary related reviews for HDFC Bank

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Jan 2025

4.0
 for  Salary and Benefits

Likes

strong brand reputation, good learning and development opportunities, a supportive work culture with helpful colleagues, competitive salary and incentives, and the potential for career growth within the organization

read more
  • Salary - Good
  • +6 more

Dislikes

Some challenges include high work pressure,

Full Time

 · 

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

  • Salary - Good
  • +6 more

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

read more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 09 Oct 2024

2.0
 for  Salary and Benefits

Likes

Salary comes on time.

Dislikes

There is no one in the bank to explain And the ones that are old, new people treat them differently, & Timing is a big issue, like coming to the bank is on time but leaving is not fixed And there is a lot more to write but it cannot be completed in one line

read more
  • Salary - Poor
  • +5 more

Full Time

 · 

Sales & Business Development Department

4.0
  •  posted on 13 Sep 2024

3.0
 for  Salary and Benefits

Likes

Salary Improvement required, old & new employee salary pakage are different of same post. Old employees got low package & new appointy get higher pakage of salary.

read more
  • Skill development - Excellent
  • +1 more

Dislikes

Salary & Position growth is not available in organization, it is same here at other corporate.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Jul 2024

3.0
 for  Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

  • Job security - Excellent

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

read more
  • Skill development - Poor
  • +3 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

HDFC Bank Business Correspondent Salary FAQs

What is the salary of Business Correspondent at HDFC Bank ?
The average salary of a Business Correspondent at HDFC Bank in India typically ranges from ₹1.9 Lakhs to ₹3.6 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Business Correspondent at HDFC Bank earn more than ₹3.5 Lakhs per year, and the top 1% earn over ₹3.6 Lakhs per year. Business Correspondent 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 6 HDFC Bank employees in India.
What is the estimated take home salary of a Business Correspondent at HDFC Bank in India?
The estimated take-home salary of a Business Correspondent at HDFC Bank in India typically ranges from ₹16,895 to ₹18,604 per month. This is based on the average salary range of ₹1.9 Lakhs to ₹3.6 Lakhs per year for employees with experience ranging from 1 year to 5 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 6 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 Business Correspondent in India?
IDFC FIRST Bank ₹2.1 Lakhs to ₹4.0 Lakhs per year
Canara Bank ₹1.2 Lakhs to ₹5.2 Lakhs per year
ICICI Bank ₹2.4 Lakhs to ₹3.5 Lakhs per year
State Bank of India ₹1.3 Lakhs to ₹4.0 Lakhs per year
IndusInd Bank ₹2.5 Lakhs to ₹3.0 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 Business Correspondent in companies similar to HDFC Bank in India?
The salary of a Business Correspondent at companies similar to HDFC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Central Bank of India ₹1.5 Lakhs to ₹3.0 Lakhs per year
Axis Bank ₹0.9 Lakhs to ₹2.8 Lakhs per year
Punjab National Bank ₹1.5 Lakhs to ₹2.5 Lakhs per year
Union Bank of India ₹1.0 Lakhs to ₹3.3 Lakhs per year
City Union Bank ₹1.0 Lakhs to ₹2.5 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 Business Correspondent at HDFC Bank in India?
The salary growth for a Business Correspondent at HDFC Bank depends on factors such as experience, performance, and promotions. On average, a Business Correspondent can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
1 year ₹1.9 Lakhs to ₹2.0 Lakhs per year
2 years ₹2.0 Lakhs to ₹3.5 Lakhs per year
3 years ₹2.0 Lakhs to ₹2.4 Lakhs per year
4 years ₹2.5 Lakhs to ₹3.2 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Business Correspondent salary in India ranges between ₹1.9 Lakh to ₹3.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 HDFC Bank latest salaries received from various employees of HDFC Bank.