HDFC Bank Department Manager Salaries by 20+ Employees (Updated 2025)

1 - 9 years exp.

₹3.5 Lakhs - ₹8.2 Lakhs

Salary of majority employees

11% less than the average Department Manager Salary in Banking Companies for 1 - 9 years of experience

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Last Updated: 8 Feb 2025

Companies similar to HDFC Bank for Department Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Department Manager Salary 0 - 30 years exp. (4 salaries)	₹20 L/yr - ₹75 L/yr 651% more
ICICI Bank Department Manager Salary 0 - 12 years exp. (28 salaries)	₹3 L/yr - ₹9 L/yr 12% more
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Axis Bank Department Manager Salary 0 - 8 years exp. (13 salaries)	₹4.7 L/yr - ₹10 L/yr 54% more
Kotak Mahindra Bank Department Manager Salary 2 - 10 years exp. (11 salaries)	₹2.8 L/yr - ₹4.9 L/yr 14% less
IndusInd Bank Department Manager Salary 1 - 12 years exp. (14 salaries)	₹3.6 L/yr - ₹4.9 L/yr 8% less
Yes Bank Department Manager Salary 0 - 6 years exp. (12 salaries)	₹4 L/yr - ₹10.3 L/yr 37% more
IDFC FIRST Bank Department Manager Salary 3 - 5 years exp. (5 salaries)	₹3.4 L/yr - ₹9.8 L/yr 31% more
RBL Bank Department Manager Salary 4 - 10 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 146% more
IDBI Bank Department Manager Salary 0 - 12 years exp. (4 salaries)	₹6.8 L/yr - ₹23 L/yr 229% more
HSBC Global Banking and Markets Department Manager Salary 4 - 14 years exp. (3 salaries)	₹10.3 L/yr - ₹12 L/yr 148% more
Ujjivan Small Finance Bank Department Manager Salary 2 - 8 years exp. (3 salaries)	₹3.4 L/yr - ₹6 L/yr 3% less
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Punjab National Bank Department Manager Salary 9 - 30 years exp. (3 salaries)	₹12.5 L/yr - ₹18 L/yr 235% more
Karur Vysya Bank Department Manager Salary 1 - 9 years exp. (3 salaries)	₹8 L/yr - ₹16 L/yr 143% more

Department Manager salary at HDFC Bank ranges between ₹3.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 26 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Department Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
1 year (3 salaries)	₹1.6 L/yr - ₹6.5 L/yr
2 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹7.4 L/yr
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3 years (6 salaries)	₹3.5 L/yr - ₹8.9 L/yr
4 years (5 salaries)	₹1.8 L/yr - ₹7.5 L/yr
5 years (4 salaries)	₹1.8 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹7 L/yr
7 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹8.7 L/yr
8 years (3 salaries)	₹2 L/yr - ₹8.9 L/yr
9 years (AmbitionBox Estimate)	₹2 L/yr - ₹7 L/yr

View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary

(15.1k salaries)

₹2 L/yr - ₹10.03 L/yr

Operations Manager Salary

(698 salaries)

₹3 L/yr - ₹12.5 L/yr

Store Manager Salary

(8 salaries)

₹5.5 L/yr - ₹20 L/yr

Sales Manager Salary

(4.3k salaries)

₹2.83 L/yr - ₹11.77 L/yr

Warehouse Manager Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Floor Manager Salary

(3 salaries)

₹4 L/yr - ₹9.28 L/yr

Head Cashier Salary

(10 salaries)

₹2 L/yr - ₹5.35 L/yr

Team Lead Salary

(217 salaries)

₹1.1 L/yr - ₹8.53 L/yr

Assistant Store Manager Salary

(3 salaries)

₹2 L/yr - ₹5.5 L/yr

Store Incharge Salary

(3 salaries)

₹1.2 L/yr - ₹3 L/yr

Salary related reviews for HDFC Bank

3.0

Rated by 14 employees for salary & benefits

Sales Manager in Vijayawada

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

Salary - Good

+6 more

Dislikes

Some challenges include high work pressure,

Deputy Manager in Chennai

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

Deputy Manager in Bhopal

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

Salary - Poor

+5 more

Operations Manager in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

Salary is the only like

Dislikes

Work balance is there but no life. Extended hours of working even when you are not supposed to stay. Hr just a pacifier rather than problem solving or solution provided If you are single it will be a best place because you have no time to concentrate on the family

Skill development - Poor

+4 more

Operations Manager in Kochi

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 25 Sep 2024

5.0

for Salary and Benefits

Likes

We are compensated for every product we brought in to the bank.Very excellent incentive bonus and commendable increment as to the position we occupy in the bank.Promotion to the next cadre according to your performance very strictly.

Salary - Excellent

+6 more

Dislikes

We are tensed on several occasions due to non performance on several occasions.The attitude of seniors is very bad.

see more salary related reviews

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What people are saying about HDFC Bank

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spellbindingmint

works at

HDFC Bank

I got offer from Infosys as associate consultant and currently working as Wealth manager for HDFC bank. Is job security there in Infosys?

The scenario is here in HDFC, they are forcing us to join operations team and reducing our salary from 14lpa to 8.5lpa. While Infosys is offering 10.5lpa. What should I do as I think the in hand salary will be similar in both the companies. Worried about job security in Infosys.

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HDFC Bank Department Manager Salary FAQs

What is the salary of Department Manager at HDFC Bank?

Department Manager salary at HDFC Bank in India ranges between ₹3.5 Lakhs to ₹8.2 Lakhs for experience between 1 years to 9 years. According to our estimates it is 11% less than the average Department Manager Salary in India. Salary estimates are based on 26 latest salaries received from various employees of HDFC Bank India.

How does the salary of a Department Manager at HDFC Bank India compare with the average salary range for this job?

The average salary of a Department Manager at HDFC Bank is 11% less than the average salary of a Department Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Bank to a Department Manager in India?

State Bank of India Department Manager Salary - ₹20.0 Lakhs to ₹75.0 Lakhs per year
Punjab National Bank Department Manager Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Department Manager Salary - ₹6.8 Lakhs to ₹23.0 Lakhs per year
HSBC Global Banking and Markets Department Manager Salary - ₹10.3 Lakhs to ₹12.0 Lakhs per year
RBL Bank Department Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Department Manager in companies similar to HDFC Bank in India?

Karur Vysya Bank Department Manager Salary - ₹8.0 Lakhs to ₹16.0 Lakhs per year
Axis Bank Department Manager Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year
Yes Bank Department Manager Salary - ₹4.0 Lakhs to ₹10.3 Lakhs per year
IDFC FIRST Bank Department Manager Salary - ₹3.4 Lakhs to ₹9.8 Lakhs per year
ICICI Bank Department Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Department Manager at HDFC Bank in India?

The estimated take-home salary of a Department Manager at HDFC Bank ranges between ₹33,764 per month to ₹35,022 per month in India. The take-home salary calculation is based on the average HDFC Bank Department Manager salary in India which ranges between ₹3.5 Lakhs to ₹8.2 Lakhs per year for employees with experience between 1 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Department Manager at HDFC Bank?

According to AmbitionBox, 57% of the HDFC Bank Department Managers reported a notice period of 3 Months, 29% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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HDFC Bank Department Manager Salaries

HDFC Bank Department Manager salary in India ranges between ₹3.5 Lakhs to ₹8.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 26 HDFC Bank latest salaries received from various employees of HDFC Bank.