HDFC Bank Mumbai IT Project Manager Salaries by 10+ Employees

5 - 14 years exp.

₹6.1 Lakhs - ₹18.8 Lakhs

Salary of majority employees

14% less than the average IT Project Manager Salary in Banking Companies for 5 - 14 years of experience

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Salaries in different departments

Project & Program Management IT Project Manager Salary 5 - 14 years exp. (15 salaries)	₹6 L/yr - ₹18.8 L/yr
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Engineering - Software & QA IT Project Manager Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹16.2 L/yr

Last Updated: 15 Feb 2024

Companies similar to HDFC Bank for IT Project Manager in Mumbai

HDFC Bank IT Project Manager Salary

5 - 14 years exp. (18 salaries)

₹6.1 L/yr - ₹18.8 L/yr

Company name	Avg Annual Salary	Open Jobs
IndusInd Bank IT Project Manager Salary 10 - 15 years exp. (8 salaries)	₹8.2 L/yr - ₹20.8 L/yr 1% more
RBL Bank IT Project Manager Salary 6 - 18 years exp. (7 salaries)	₹10.1 L/yr - ₹27.8 L/yr 25% more
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Yes Bank IT Project Manager Salary 9 - 10 years exp. (3 salaries)	₹12 L/yr - ₹28 L/yr 26% more
ICICI Bank IT Project Manager Salary 8 - 13 years exp. (3 salaries)	₹10.1 L/yr - ₹18.5 L/yr 13% more
IDFC FIRST Bank IT Project Manager Salary 8 - 11 years exp. (3 salaries)	₹10 L/yr - ₹20 L/yr 12% less
State Bank of India IT Project Manager Salary 8 - 16 years exp. (3 salaries)	₹24 L/yr - ₹26 L/yr 67% more
Axis Bank IT Project Manager Salary 1 - 7 years exp. (3 salaries)	₹10 L/yr - ₹15.4 L/yr 17% less

IT Project Manager salary at HDFC Bank ranges between ₹6.1 Lakhs to ₹18.8 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 18 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank IT Project Manager salaries in Mumbai

Last Updated: 15 Feb 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
6 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
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7 years (3 salaries)	₹6.3 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
9 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹17.2 L/yr
10 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
11 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
12 years (3 salaries)	₹12.1 L/yr - ₹18.8 L/yr
13 years (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
14 years (AmbitionBox Estimate)	₹15.3 L/yr - ₹19.6 L/yr

View all

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Salary related reviews for HDFC Bank

5.0

Rated by 1 employees for salary & benefits

Assistant Vice President IT in Mumbai

Full Time

Project & Program Management Department

4.0

• posted on 22 May 2023

3.0

for Salary and Benefits

Likes

* Exposure, Learning and Skill Development * Job Security is very good, if somebody wants this most

Skill development - Good

+1 more

Dislikes

* Favoritism, very much Bureaucratic * Below Average compensation for existing employees * Performance Appraisal are only conveyed and depends on your rapport with your Manager

Promotions - Poor

+2 more

Senior Software Engineer in Bangalore / Bengaluru

Contractual

Engineering - Software & QA Department

1.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

Good tech stack Deep domain knowledge

Dislikes

Contract permanent employee partiality Non rational thinking managers Vendors should work like donkeys while permanent staff is chilling Most permanent staff are not good at their work Top management never hear about vendor employee concerns Many permanent staff is being paid hell of salary for no reason. HDFC should seriously consider vendors contribution at work and should do less pampering for permanent employees. Many managers have no idea what is happening in the project

Salary - Bad

+6 more

IT Officer in Kanjurmarg

Banking (IT) Department

4.0

• posted on 27 Mar 2021

4.0

for Salary and Benefits

Likes

Good work environment & culture,supportive Teammates & supportive senior management, 100% job security,time to time payment has received in your account,near from kanjurmarg station.

Salary - Good

+4 more

Dislikes

Less salary , salary and career growth is very slow, no training is provided to new joinees, there are no facility for IT officer , all decision are depends on your manager, in covid - 19 situation all teams are working from home & our team come regular in office ,bank providing us laptop for do work from home & all other staff are coming office twice in week but our manager say come regular.

Skill development - Poor

System Analyst in Mumbai

IT & Information Security Department

4.0

• posted on 08 Aug 2017

4.0

for Salary and Benefits

Likes

It was very very good learning experience for me.

Salary - Good

+5 more

Dislikes

Salary inbalance not even to the market standard. Those who gives 100% and do honest work they don't get what they deserve. I have experienced and seen many of them left because of same. But working with HDFC will be always a good learning experience for rest of your life.

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

see more salary related reviews

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What people are saying about HDFC Bank

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Can someone advice whether I should join HDFC Bank with almost Half CTC or Teleperformance (TP), a BPO with Double CTC? Job Role: Inbound Customer Support. Factors: WFH: TP ✅️ HDFC ❌️ Location: HDFC - New Delhi, TP - Noida Team Handling: HDFC - Individual role. TP - Team Leader Team Handling: HDFC ❌️ TP ✅️ Working Days: HDFC - 6. TP - 5 Customer Base: HDFC - Indian, TP - USA

Which Organisation to Join? Please provide reason(s) or if you have any suggestion.

HDFC Bank

Teleperformance

4 participants . poll closed

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HDFC Bank IT Project Manager Salary FAQs

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

The average salary of a IT Project Manager at HDFC Bank in Mumbai typically ranges from ₹6.1 Lakhs to ₹18.8 Lakhs per year, depending on experience (from 5 years to 14 years).

The top 10% of IT Project Manager in Mumbai at HDFC Bank earn more than ₹17.6 Lakhs per year, and the top 1% earn over ₹18.8 Lakhs per year. IT Project 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 IT Project Manager at HDFC Bank in Mumbai?

The estimated take-home salary of a IT Project Manager at HDFC Bank in Mumbai typically ranges from ₹1,04,309 to ₹1,07,169 per month. This is based on the average salary range of ₹6.1 Lakhs to ₹18.8 Lakhs per year for employees with experience ranging from 5 years to 14 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.

Which companies offer higher salaries than HDFC Bank for IT Project Manager in India?

State Bank of India	₹24.0 Lakhs to ₹26.0 Lakhs per year
Yes Bank	₹12.0 Lakhs to ₹28.0 Lakhs per year
RBL Bank	₹10.1 Lakhs to ₹27.8 Lakhs per year
ICICI Bank	₹10.1 Lakhs to ₹18.5 Lakhs per year
IndusInd Bank	₹8.2 Lakhs to ₹20.8 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 Project Manager in companies similar to HDFC Bank in Mumbai?

The salary of a IT Project 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	₹10.0 Lakhs to ₹20.0 Lakhs per year
Axis Bank	₹10.0 Lakhs to ₹15.4 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 Project Manager at HDFC Bank in Mumbai?

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

Experience	Average Salary Range
5 years	₹11.9 Lakhs to ₹15.2 Lakhs per year
6 years	₹12.3 Lakhs to ₹15.7 Lakhs per year
7 years	₹6.3 Lakhs to ₹16.0 Lakhs per year
8 years	₹13.0 Lakhs to ₹16.7 Lakhs per year

and so on.

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HDFC Bank IT Project Manager Salaries in Mumbai

HDFC Bank IT Project Manager salary in Mumbai ranges between ₹6.1 Lakhs to ₹18.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 HDFC Bank latest salaries received from various employees of HDFC Bank.