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HDFC Bank Deputy Manager Grade 2 salaries in India (Updated 2025)

Annual salary range
1 - 11 years exp.
₹3.6 Lakhs - ₹7.8 Lakhs
Salary of majority employees
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18% less than the average Deputy Manager Grade 2 Salary in Banking Companies for 1 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Grade 2 Salary
1 - 10 years exp. (107 salaries)
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₹3.6 L/yr - ₹7.3 L/yr

Sales & Business Development
Deputy Manager Grade 2 Salary
1 - 11 years exp. (82 salaries)
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₹3.8 L/yr - ₹7.8 L/yr

Customer Success, Service & Operations
Deputy Manager Grade 2 Salary
1 - 11 years exp. (78 salaries)
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₹3.8 L/yr - ₹7.2 L/yr

Finance & Accounting
Deputy Manager Grade 2 Salary
1 - 11 years exp. (38 salaries)
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₹4 L/yr - ₹7 L/yr

Marketing & Communication
Deputy Manager Grade 2 Salary
6 - 8 years exp. (3 salaries)
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₹5.1 L/yr - ₹5.7 L/yr

Last Updated: 20 Mar 2025

Companies similar to HDFC Bank for Deputy Manager Grade 2

Company name Avg Annual Salary Open Jobs
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₹9 L/yr - ₹18 L/yr

arrow icon 139% more
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ICICI Bank Deputy Manager Grade 2 Salary

0 - 15 years exp. (2.8k salaries)

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₹3 L/yr - ₹11.2 L/yr

arrow icon 32% more
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Axis Bank Deputy Manager Grade 2 Salary

3 - 12 years exp. (134 salaries)

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₹3.5 L/yr - ₹8.7 L/yr

arrow icon 20% more
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₹2.6 L/yr - ₹7 L/yr

arrow icon 14% less
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IndusInd Bank Deputy Manager Grade 2 Salary

2 - 11 years exp. (133 salaries)

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₹2.8 L/yr - ₹6.5 L/yr

arrow icon 21% less
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Yes Bank Deputy Manager Grade 2 Salary

2 - 8 years exp. (34 salaries)

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₹4 L/yr - ₹7 L/yr

At par
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IDFC FIRST Bank Deputy Manager Grade 2 Salary

1 - 9 years exp. (37 salaries)

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₹3.3 L/yr - ₹9.8 L/yr

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Bandhan Bank Deputy Manager Grade 2 Salary

2 - 8 years exp. (8 salaries)

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₹4.5 L/yr - ₹5.8 L/yr

arrow icon 7% less
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RBL Bank Deputy Manager Grade 2 Salary

0 - 11 years exp. (12 salaries)

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₹5 L/yr - ₹6.6 L/yr

arrow icon 6% less
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₹3 L/yr - ₹7 L/yr

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₹5.7 L/yr - ₹7 L/yr

arrow icon 12% more
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City Union Bank Deputy Manager Grade 2 Salary

1 - 13 years exp. (5 salaries)

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₹10 L/yr - ₹11 L/yr

arrow icon 90% more
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₹8 L/yr - ₹10 L/yr

arrow icon 51% more
Deputy Manager Grade 2 salary at HDFC Bank ranges between ₹3.6 Lakhs to ₹7.8 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 358 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Deputy Manager Grade 2

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Experience wise HDFC Bank Deputy Manager Grade 2 salaries

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
1 year  (27 salaries)

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₹4 L/yr - ₹6.5 L/yr
2 years  (17 salaries)

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₹4 L/yr - ₹7 L/yr
3 years  (39 salaries)

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₹3.6 L/yr - ₹7.1 L/yr
4 years  (40 salaries)

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₹4 L/yr - ₹7.6 L/yr
5 years  (64 salaries)

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₹3.8 L/yr - ₹7 L/yr
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Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(15k salaries)
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₹2 L/yr - ₹10.03 L/yr
Store Manager Salary
(8 salaries)
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₹5.5 L/yr - ₹20 L/yr
Branch Manager Salary
(1.6k salaries)
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₹6.5 L/yr - ₹23 L/yr
Sales Manager Salary
(4.3k salaries)
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₹2.84 L/yr - ₹11.76 L/yr
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₹3 L/yr - ₹13 L/yr
Team Lead Salary
(272 salaries)
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₹1 L/yr - ₹7 L/yr
Senior Analyst Salary
(27 salaries)
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₹3.5 L/yr - ₹13.48 L/yr
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₹2.4 L/yr - ₹11.68 L/yr
Quality Analyst Salary
(49 salaries)
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₹1.8 L/yr - ₹5.7 L/yr
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₹1.35 L/yr - ₹4.3 L/yr

Salary related reviews for HDFC Bank

3.7

Rated by 137 employees for salary & benefits

Full Time

 · 

Retail Branch Banking Department

4.0
  •  posted on 04 Oct 2022

5.0
 for  Salary and Benefits

Likes

... is supporting and training and giving learning to make your performance better. Salary structure is good and other employee benefits as well. HR is very bad in terms of any request to resolve tour query or transfer in case if required which is pathetic.

read more
  • Salary - Excellent
  • +3 more

Dislikes

HR and management is not supportive if tou ask for transfer and they can give u the worst profile or the fresher's profile also irrespective of your experience and grade.

read 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

 · 

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

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,

see more salary related reviews

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HDFC Bank Deputy Manager Grade 2 Salary FAQs

What is the salary of Deputy Manager Grade 2 at HDFC Bank ?
The average salary of a Deputy Manager Grade 2 at HDFC Bank in India typically ranges from ₹3.6 Lakhs to ₹7.8 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Deputy Manager Grade 2 at HDFC Bank earn more than ₹6.7 Lakhs per year, and the top 1% earn over ₹7.3 Lakhs per year. Deputy Manager Grade 2 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 300+ HDFC Bank employees in India.
What is the estimated take home salary of a Deputy Manager Grade 2 at HDFC Bank in India?
The estimated take-home salary of a Deputy Manager Grade 2 at HDFC Bank in India typically ranges from ₹42,544 to ₹43,671 per month. This is based on the average salary range of ₹3.6 Lakhs to ₹7.8 Lakhs per year for employees with experience ranging from 1 year to 11 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 300+ 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 Deputy Manager Grade 2 in India?
State Bank of India ₹9.0 Lakhs to ₹18.0 Lakhs per year
City Union Bank ₹10.0 Lakhs to ₹11.0 Lakhs per year
The Saraswat Co-operative Bank ₹8.0 Lakhs to ₹10.0 Lakhs per year
ICICI Bank ₹3.0 Lakhs to ₹11.2 Lakhs per year
Axis Bank ₹3.5 Lakhs to ₹8.7 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 Deputy Manager Grade 2 in companies similar to HDFC Bank in India?
The salary of a Deputy Manager Grade 2 at companies similar to HDFC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Utkarsh Small Finance Bank ₹5.7 Lakhs to ₹7.0 Lakhs per year
IDFC FIRST Bank ₹3.3 Lakhs to ₹9.8 Lakhs per year
Yes Bank ₹4.0 Lakhs to ₹7.0 Lakhs per year
RBL Bank ₹5.0 Lakhs to ₹6.6 Lakhs per year
Bandhan Bank ₹4.5 Lakhs to ₹5.8 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 Deputy Manager Grade 2 at HDFC Bank in India?
The salary growth for a Deputy Manager Grade 2 at HDFC Bank depends on factors such as experience, performance, and promotions. On average, a Deputy Manager Grade 2 can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
1 year ₹4.0 Lakhs to ₹6.5 Lakhs per year
2 years ₹4.0 Lakhs to ₹7.0 Lakhs per year
3 years ₹3.6 Lakhs to ₹7.1 Lakhs per year
4 years ₹4.0 Lakhs to ₹7.6 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Deputy Manager Grade 2 salary in India ranges between ₹3.6 Lakhs to ₹7.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 358 HDFC Bank latest salaries received from various employees of HDFC Bank.