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HDFC Bank Deputy Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 13 years exp.
₹2 Lakhs - ₹10.9 Lakhs
Salary of majority employees
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31% less than the average Deputy Manager Salary in Banking Companies for 0 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Deputy Manager Salary
0 - 13 years exp. (1.3k salaries)
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₹2.4 L/yr - ₹10 L/yr

Customer Success, Service & Operations
Deputy Manager Salary
0 - 13 years exp. (621 salaries)
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₹2.6 L/yr - ₹8 L/yr

Finance & Accounting
Deputy Manager Salary
0 - 13 years exp. (483 salaries)
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₹3 L/yr - ₹10 L/yr

Sales & Business Development
Deputy Manager Salary
0 - 13 years exp. (202 salaries)
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₹3 L/yr - ₹9 L/yr

Risk Management & Compliance
Deputy Manager Salary
0 - 12 years exp. (159 salaries)
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₹3.8 L/yr - ₹10.2 L/yr

View all

Last Updated: 18 Mar 2025

Companies similar to HDFC Bank for Deputy Manager in Mumbai

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HDFC Bank Deputy Manager Salary

0 - 13 years exp. (3.6k salaries)

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₹2 L/yr - ₹10.9 L/yr

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Company name Avg Annual Salary Open Jobs
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ICICI Bank Deputy Manager Salary

0 - 15 years exp. (3.5k salaries)

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₹2.5 L/yr - ₹10.6 L/yr

arrow icon 8% more
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Axis Bank Deputy Manager Salary

0 - 14 years exp. (2.2k salaries)

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₹2 L/yr - ₹9.8 L/yr

arrow icon 6% more
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State Bank of India Deputy Manager Salary

4 - 15 years exp. (95 salaries)

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₹7.2 L/yr - ₹28 L/yr

arrow icon 197% more
1 job opening
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Kotak Mahindra Bank Deputy Manager Salary

0 - 13 years exp. (3.4k salaries)

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₹1.7 L/yr - ₹8.2 L/yr

arrow icon 17% less
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IndusInd Bank Deputy Manager Salary

0 - 13 years exp. (750 salaries)

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₹1.7 L/yr - ₹8 L/yr

arrow icon 12% less
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Yes Bank Deputy Manager Salary

0 - 13 years exp. (728 salaries)

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₹2.9 L/yr - ₹9 L/yr

arrow icon 1% less
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IDFC FIRST Bank Deputy Manager Salary

0 - 11 years exp. (597 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 5% less
4 job openings
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RBL Bank Deputy Manager Salary

0 - 13 years exp. (470 salaries)

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₹3 L/yr - ₹8 L/yr

arrow icon 8% less
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₹3.8 L/yr - ₹11 L/yr

arrow icon 10% more
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Bandhan Bank Deputy Manager Salary

0 - 10 years exp. (67 salaries)

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₹3.5 L/yr - ₹7.2 L/yr

arrow icon 11% less
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₹4.3 L/yr - ₹9.5 L/yr

arrow icon 17% more
1 job opening
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₹2.9 L/yr - ₹5.7 L/yr

arrow icon 24% less
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Shinhan Bank Deputy Manager Salary

4 - 11 years exp. (8 salaries)

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₹4.8 L/yr - ₹15 L/yr

arrow icon 70% more
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City Union Bank Deputy Manager Salary

5 - 11 years exp. (6 salaries)

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₹8.5 L/yr - ₹13 L/yr

arrow icon 88% more
Deputy Manager salary at HDFC Bank ranges between ₹2 Lakhs to ₹10.9 Lakhs per year for employees with less than 1 year of experience to 13 years. Salary estimates are based on 3.6k latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Deputy Manager in Mumbai

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Experience wise HDFC Bank Deputy Manager salaries in Mumbai

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
Fresher  (89 salaries)

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₹3 L/yr - ₹7.7 L/yr
1 year  (142 salaries)

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₹3 L/yr - ₹8.7 L/yr
2 years  (155 salaries)

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₹2.4 L/yr - ₹9.5 L/yr
3 years  (253 salaries)

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₹2.5 L/yr - ₹10 L/yr
4 years  (403 salaries)

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₹2.7 L/yr - ₹10 L/yr
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HDFC Bank Deputy Manager Salary and Career Growth

From

To

Deputy Manager

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0 - 13 years exp.

Deputy Vice President

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10 - 25 years exp.

Deputy Manager

0 - 13 years exp.
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Senior Manager

3 - 21 years exp.
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arrow icon 159% hike

Assistant Vice President

6 - 24 years exp.
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arrow icon 63% hike

From

To

Deputy Manager

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0 - 13 years exp.

Regional Head

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13 - 24 years exp.

From

To

Deputy Manager

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0 - 13 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

Team Manager Salary
(56 salaries)
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₹4.51 L/yr - ₹13.7 L/yr
Program Manager Salary
(20 salaries)
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₹18.46 L/yr - ₹29 L/yr
Service Manager Salary
(12 salaries)
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₹4.5 L/yr - ₹8.5 L/yr
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₹5.5 L/yr - ₹8.5 L/yr
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₹5.3 L/yr - ₹12 L/yr
Area Manager Salary
(3 salaries)
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₹11 L/yr - ₹19.5 L/yr

Top skills at HDFC Bank for Deputy Manager

Credit Appraisal Home Loans Front Office Disbursement Credit Front Office Operations Credit Underwriting Credit Risk Management Mortgage Loans Sanction housing loan Credit Control housing finance Disbursement Credit Appraisal

Salary related reviews for HDFC Bank

3.3

Rated by 355 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 01 Feb 2024

3.0
 for  Salary and Benefits

Likes

Nothing is there to like working in hdfc not even salary credit MSG also give you that satisfaction..

read more
  • Job security - Good

Dislikes

Every thing is poor like manager who doesn't deserve everyone credit and promote each other but agent doesn't get any recognition and 2% appraisal every year .. have to work extra but there is no payout for that and quality manager doesn't have any knowledge still act like an Einstein of the banking department .. doesn't celebrate any festival and manager celebrate by taking leave and agent have to work even on new year, Diwali, Holi etc .. don't do by the name of HDFC Bank it is like an shining snake under the table..

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 11 Nov 2023

3.0
 for  Salary and Benefits

Likes

In hdfc bank you will get the Job security which is the best thing in Hdfc bank I like

  • Skill development - Excellent
  • +1 more

Dislikes

Pramotion and salary increment where the person come from outside will get more salary as compared to people who work with them for long time.They Just hiring the people but didn't understand the value of current employees who are with them 😕😞 event don't bother to retain them with best option if you have even 10 years of experience.

read more
  • Promotions - Poor

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 19 Sep 2023

5.0
 for  Salary and Benefits

Likes

Hdfc bank is very good

  • Salary - Excellent

Dislikes

...y of more than 10yrs due to which they don't have any experience in there job.. just spending there time and waiting for salary bas..

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  • Skill development - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary is always on time. Brand name in the market makes feel proud of being part of big organization. Good software Technology system is adopted by the this organisation for both customers and employees. Less technological errors/failures are faced.

read more

Dislikes

Extended working hours, Apart from salary, other benefits are very less as compare to other organisations. Incentive structure is very strict and most of the time partial part of earned incentives are kept on hold for the whole year. Sales is so aggressive as it could harm mental well being. Output is given highest priority than the inputs. Seniors always show aggression for sales and same aggression is seen in their actions and reactions. Overall work culture is not helathy to work. Most of the time obusive language and high volume is used by seniors.

read more
  • Work satisfaction - Poor
  • +1 more

Product Management Department

4.0
  •  posted on 14 Oct 2019

4.0
 for  Salary and Benefits

Likes

...eer growth is good, if u have boss who can recognise the team members talent. Salary is okay. Work environment is good although HR needs to focus on employees to improve their work life balance. Overall is healthy organization.

read more
  • Salary - Good
  • +5 more

Dislikes

Work life balance is hard to maintain... Sometimes you might be putting up almost 12 hours for straight working days and minimum of 10 hours is a must..

read more
  • Work-life balance - Poor
see more salary related reviews

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HDFC Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at HDFC Bank in Mumbai?
The average salary of a Deputy Manager at HDFC Bank in Mumbai typically ranges from ₹2.0 Lakhs to ₹10.9 Lakhs per year, depending on experience (from Fresher to 13 years).

The top 10% of Deputy Manager in Mumbai at HDFC Bank earn more than ₹7.3 Lakhs per year, and the top 1% earn over ₹9.2 Lakhs per year. Deputy 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 3500+ HDFC Bank employees in India.
What is the estimated take home salary of a Deputy Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Deputy Manager at HDFC Bank in Mumbai typically ranges from ₹45,335 to ₹46,420 per month. This is based on the average salary range of ₹2.0 Lakhs to ₹10.9 Lakhs per year for employees with experience ranging from Fresher to 13 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 3500+ salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Deputy Manager at HDFC Bank in Mumbai?
To be a Deputy Manager at HDFC Bank in Mumbai, the key skills required include:

  • - Credit Appraisal
  • - Home Loans
  • - Front Office
  • - Disbursement
  • - Credit

These skills are highly valued at HDFC Bank and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HDFC Bank for Deputy Manager in India?
State Bank of India ₹7.2 Lakhs to ₹28.0 Lakhs per year
City Union Bank ₹8.5 Lakhs to ₹13.0 Lakhs per year
Shinhan Bank ₹4.8 Lakhs to ₹15.0 Lakhs per year
Utkarsh Small Finance Bank ₹4.3 Lakhs to ₹9.5 Lakhs per year
The Saraswat Co-operative Bank ₹3.8 Lakhs to ₹11.0 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 Deputy Manager in companies similar to HDFC Bank in Mumbai?
The salary of a Deputy 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 ₹2.5 Lakhs to ₹10.6 Lakhs per year
Axis Bank ₹2.0 Lakhs to ₹9.8 Lakhs per year
Yes Bank ₹2.9 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank ₹3.0 Lakhs to ₹9.5 Lakhs per year
RBL Bank ₹3.0 Lakhs to ₹8.0 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 Deputy Manager at HDFC Bank in Mumbai?
The salary growth for a Deputy Manager at HDFC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Deputy Manager in Mumbai can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹7.7 Lakhs per year
1 year ₹3.0 Lakhs to ₹8.7 Lakhs per year
2 years ₹2.4 Lakhs to ₹9.5 Lakhs per year
3 years ₹2.5 Lakhs to ₹10.0 Lakhs per year
and so on.

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HDFC Bank Deputy Manager salary in Mumbai ranges between ₹2 Lakhs to ₹10.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3.6k HDFC Bank latest salaries received from various employees of HDFC Bank.