HDFC Bank Mumbai IT Manager Salaries by 70+ Employees (Updated 2025)

2 - 12 years exp.

₹5.5 Lakhs - ₹20 Lakhs

Avg. annual salary

Monthly In-hand Salary

11% less than the average IT Manager Salary in Banking Companies for 2 - 12 years of experience

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Salaries in different departments

IT & Information Security IT Manager Salary 2 - 12 years exp. (32 salaries)	₹5.5 L/yr - ₹22.1 L/yr
Engineering - Software & QA IT Manager Salary 5 - 11 years exp. (13 salaries)	₹7.9 L/yr - ₹18 L/yr
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Project & Program Management IT Manager Salary 2 - 10 years exp. (9 salaries)	₹7.9 L/yr - ₹17 L/yr
Data Science & Analytics IT Manager Salary 5 - 11 years exp. (6 salaries)	₹9.5 L/yr - ₹21.9 L/yr
Engineering - Hardware & Networks IT Manager Salary 2 - 7 years exp. (3 salaries)	₹9 L/yr - ₹13.7 L/yr

Last Updated: 29 Mar 2025

Companies similar to HDFC Bank for IT Manager in Mumbai

HDFC Bank IT Manager Salary

2 - 12 years exp. (77 salaries)

₹5.5 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Axis Bank IT Manager Salary 1 - 12 years exp. (48 salaries)	₹9.7 L/yr - ₹16.3 L/yr 12% more
RBL Bank IT Manager Salary 1 - 9 years exp. (40 salaries)	₹4.8 L/yr - ₹14.5 L/yr 14% less
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IndusInd Bank IT Manager Salary 5 - 12 years exp. (25 salaries)	₹5.9 L/yr - ₹22.5 L/yr 15% more	7 job openings
IDFC FIRST Bank IT Manager Salary 4 - 14 years exp. (18 salaries)	₹6.3 L/yr - ₹19.5 L/yr 1% less
Kotak Mahindra Bank IT Manager Salary 5 - 11 years exp. (11 salaries)	₹11 L/yr - ₹18.5 L/yr 10% more
Utkarsh Small Finance Bank IT Manager Salary 9 - 14 years exp. (7 salaries)	₹6.2 L/yr - ₹13.5 L/yr 19% less
Yes Bank IT Manager Salary 1 - 3 years exp. (5 salaries)	₹16.6 L/yr - ₹18 L/yr 37% more
IDBI Bank IT Manager Salary 3 - 9 years exp. (4 salaries)	₹12 L/yr - ₹19.3 L/yr 33% more
Union Bank of India IT Manager Salary 7 - 11 years exp. (3 salaries)	₹10 L/yr - ₹13.4 L/yr 11% less

IT Manager salary at HDFC Bank ranges between ₹5.5 Lakhs to ₹20 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 77 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank IT Manager in Mumbai

6d ago

₹20 Lakhs

11 years exp.

3w ago

₹18 Lakhs

8 years exp.

3w ago

₹25.4 Lakhs

12 years exp.

1mo ago

₹12.5 Lakhs

2 years exp.

1mo ago

₹9 Lakhs

2 years exp.

1mo ago

4 years exp.

2mo ago

10 years exp.

2mo ago

11 years exp.

2mo ago

10 years exp.

3mo ago

12 years exp.

Experience wise HDFC Bank IT Manager salaries in Mumbai

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
2 years (3 salaries)	₹9 L/yr - ₹12.5 L/yr
3 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
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4 years (AmbitionBox Estimate)	₹10.3 L/yr - ₹13.2 L/yr
5 years (9 salaries)	₹7.1 L/yr - ₹14.5 L/yr
6 years (8 salaries)	₹7.9 L/yr - ₹15 L/yr
7 years (14 salaries)	₹7 L/yr - ₹15.3 L/yr
8 years (11 salaries)	₹7.5 L/yr - ₹18 L/yr
9 years (11 salaries)	₹8.2 L/yr - ₹22.8 L/yr
10 years (9 salaries)	₹5.5 L/yr - ₹20 L/yr
11 years (8 salaries)	₹7.5 L/yr - ₹22.4 L/yr
12 years (AmbitionBox Estimate)	₹12.4 L/yr - ₹15.8 L/yr

View all

From

IT Manager

2 - 12 years exp.

Business Analyst

0 - 13 years exp.

From

IT Manager

2 - 12 years exp.

Senior IT Manager

9 - 19 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.

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Top skills at HDFC Bank for IT Manager

SOAP UI SOA Testing API Testing IT Management

Salary related reviews for HDFC Bank

4.0

Rated by 5 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Mar 2025

2.0

for Salary and Benefits

Likes

Don't have anything to like here

Dislikes

No Work life balance here No opportunity for skill development. No proper salary hike If you and family suffering from anything and u not providing proper productivity due any issue then don't have job security.

Salary - Poor

+5 more

Deputy Manager in Guwahati (working remotely)

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.

Salary - Poor

+1 more

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

see more salary related reviews

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What people are saying about HDFC Bank

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dhineshkumarr

works at

HDFC Bank

Seeking Advice for Banking Jobs

Hi Guys, I have 7 years experience in the banking sector. Currently looking for a job change, also applying for a job since January 2025, still i'm not getting interview calls/emails. Currently checking jobs in Linkedin, Naukri, Glassdoor, Indeed and Shine. Please advise guys how to get a call for the interview ??

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HDFC Bank IT Manager Salary FAQs

What is the salary of IT Manager at HDFC Bank in Mumbai?

The average salary of a IT Manager at HDFC Bank in Mumbai typically ranges from ₹5.5 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of IT Manager in Mumbai at HDFC Bank earn more than ₹16.9 Lakhs per year, and the top 1% earn over ₹24.7 Lakhs per year. IT 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 70+ HDFC Bank employees in India.

What is the estimated take home salary of a IT Manager at HDFC Bank in Mumbai?

The estimated take-home salary of a IT Manager at HDFC Bank in Mumbai typically ranges from ₹87,330 to ₹89,620 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 2 years to 12 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 70+ 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 IT Manager at HDFC Bank in Mumbai?

To be a IT Manager at HDFC Bank in Mumbai, the key skills required include:

- SOAP UI
- SOA Testing
- API Testing
- IT Management

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 IT Manager in India?

Yes Bank	₹16.6 Lakhs to ₹18.0 Lakhs per year
IDBI Bank	₹12.0 Lakhs to ₹19.3 Lakhs per year
IndusInd Bank	₹5.9 Lakhs to ₹22.5 Lakhs per year
Axis Bank	₹9.7 Lakhs to ₹16.3 Lakhs per year
Kotak Mahindra Bank	₹11.0 Lakhs to ₹18.5 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 IT Manager in companies similar to HDFC Bank in Mumbai?

The salary of a IT 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	₹6.3 Lakhs to ₹19.5 Lakhs per year
Union Bank of India	₹10.0 Lakhs to ₹13.4 Lakhs per year
RBL Bank	₹4.8 Lakhs to ₹14.5 Lakhs per year
Utkarsh Small Finance Bank	₹6.2 Lakhs to ₹13.5 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 IT Manager at HDFC Bank in Mumbai?

The salary growth for a IT Manager at HDFC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a IT Manager in Mumbai can expect the following growth trajectory at HDFC Bank:

Experience	Average Salary Range
2 years	₹9.0 Lakhs to ₹12.5 Lakhs per year
3 years	₹10.0 Lakhs to ₹12.8 Lakhs per year
4 years	₹10.3 Lakhs to ₹13.2 Lakhs per year
5 years	₹7.1 Lakhs to ₹14.5 Lakhs per year

and so on.

Tell us how to improve this page.

HDFC Bank IT Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 77 HDFC Bank latest salaries received from various employees of HDFC Bank.