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HDFC Bank Finance Manager salaries in Mumbai

Annual salary range
0 - 7 years exp.
₹5.5 Lakhs - ₹6.3 Lakhs
Salary of majority employees
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Fixed (81%)
₹4.8 Lakhs
Variable (19%)
₹1.1 Lakh
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67% less than the average Finance Manager Salary in Banking Companies for 0 - 7 years of experience

Interested in this particular role?

Last Updated: 18 Aug 2024

Companies similar to HDFC Bank for Finance Manager in Mumbai

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HDFC Bank Finance Manager Salary

0 - 7 years exp. (14 salaries)

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₹5.5 L/yr - ₹6.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Finance Manager Salary

0 - 5 years exp. (33 salaries)

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₹6.1 L/yr - ₹20 L/yr

arrow icon 100% more
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Kotak Mahindra Bank Finance Manager Salary

0 - 12 years exp. (5 salaries)

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₹6 L/yr - ₹10 L/yr

arrow icon 4% more
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Yes Bank Finance Manager Salary

1 - 7 years exp. (4 salaries)

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₹9 L/yr - ₹17.3 L/yr

arrow icon 73% more
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IDFC FIRST Bank Finance Manager Salary

8 - 10 years exp. (3 salaries)

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₹3.3 L/yr - ₹8.5 L/yr

arrow icon 30% less
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Reliance Retail Finance Manager Salary

0 - 8 years exp. (44 salaries)

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₹9 L/yr - ₹19.2 L/yr

arrow icon 134% more
Finance Manager salary at HDFC Bank ranges between ₹5.5 Lakhs to ₹6.3 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 14 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Finance Manager in Mumbai

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5 years exp.
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Experience wise HDFC Bank Finance Manager salaries in Mumbai

Last Updated: 18 Aug 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹2.2 L/yr - ₹10.5 L/yr
1 year (AmbitionBox Estimate)

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₹2.2 L/yr - ₹8 L/yr
2 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹10.3 L/yr
3 years  (4 salaries)

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₹2.3 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)

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₹2.4 L/yr - ₹10.7 L/yr
View all

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
Credit Manager Salary
(450 salaries)
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₹4 L/yr - ₹15 L/yr
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₹3.11 L/yr - ₹12 L/yr
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₹2.85 L/yr - ₹10.5 L/yr
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₹9 L/yr - ₹24.25 L/yr
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₹1.8 L/yr - ₹4 L/yr
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₹11 L/yr - ₹16.7 L/yr

Top skills at HDFC Bank for Finance Manager

FEMA Matters Trade Finance FEMA RBI

Salary related reviews for HDFC Bank

1.0

Rated by 2 employees for salary & benefits

Other Department

1.0
  •  posted on 30 Dec 2021

1.0
 for  Salary and Benefits

Likes

Sound bank in credit policies

  • Job security - Good

Dislikes

...nd Unit head of IGAAP who never lets lower grades to grow or learn or explore Senior management can get fuel compensation even while WFH during pandemic lockdown, but they have wierd reason to postpone promotions of manager level and below grades that due to covid stress some names which were due for promotions got struck off Backbiting and cussing within IGAAP because of 2 desperate individuals, long settled here, thinking everyone is there to grab their position or stop their growth

read more
  • Salary - Bad
  • +5 more

Other Department

5.0
  •  posted on 12 Aug 2022

5.0
 for  Salary and Benefits

Likes

Good work environment and supportive colleagues. Great team very supportive. A lot of learning... Work pressure is there but Good work life balance.

read more
  • Salary - Excellent
  • +6 more

Dislikes

...agement and HR Team, they are not paying well to their loyal and good employees. The salary is less then minimum salary ratio as compared with other banks. Very disappointed on this point. Many employees leaving the company each day due to same reasons.

read more

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

 · 

Engineering - Software & QA Department

2.0
  •  posted on 04 Dec 2024

3.0
 for  Salary and Benefits

Likes

Only job security. Salary on time. Work life balance is depends on manager.

read more
  • Skill development - Good
  • +1 more

Dislikes

Excessive work load, it ruin week end and late night so it hardly impact on work life balance. Poor management (Depends on vertical). Poisonous politics. Unpractical deadlines. At join they told its hybrid but after few months manager ruling to come everyday. Bad infrastructure, office and internet services.

read more
  • Promotions - Poor
  • +3 more

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
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HDFC Bank Finance Manager Salary FAQs

What is the salary of Finance Manager at HDFC Bank in Mumbai?
The average salary of a Finance Manager at HDFC Bank in Mumbai typically ranges from ₹5.5 Lakhs to ₹6.3 Lakhs per year, depending on experience (from Fresher to 7 years).

The top 10% of Finance Manager in Mumbai at HDFC Bank earn more than ₹13.8 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Finance 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 10+ HDFC Bank employees in India.
What is the estimated take home salary of a Finance Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Finance Manager at HDFC Bank in Mumbai typically ranges from ₹44,974 to ₹46,065 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from Fresher to 7 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 10+ 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 Finance Manager at HDFC Bank in Mumbai?
To be a Finance Manager at HDFC Bank in Mumbai, the key skills required include:

  • - FEMA Matters
  • - Trade Finance
  • - FEMA
  • - RBI

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 Finance Manager in India?
Reliance Retail ₹9.0 Lakhs to ₹19.2 Lakhs per year
ICICI Bank ₹6.1 Lakhs to ₹20.0 Lakhs per year
Yes Bank ₹9.0 Lakhs to ₹17.3 Lakhs per year
Kotak Mahindra Bank ₹6.0 Lakhs to ₹10.0 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 Finance Manager in companies similar to HDFC Bank in Mumbai?
The salary of a Finance Manager at companies similar to HDFC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank ₹3.3 Lakhs to ₹8.5 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 Finance Manager at HDFC Bank in Mumbai?
The salary growth for a Finance Manager at HDFC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Finance Manager in Mumbai can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
Fresher ₹2.2 Lakhs to ₹10.5 Lakhs per year
1 year ₹2.2 Lakhs to ₹8.0 Lakhs per year
2 years ₹2.3 Lakhs to ₹10.3 Lakhs per year
3 years ₹2.3 Lakhs to ₹10.5 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Finance Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 HDFC Bank latest salaries received from various employees of HDFC Bank.