HDFC Bank Management Associate Salaries by 60+ Employees (Updated 2025)

0 - 3 years exp.

₹13 Lakhs - ₹26 Lakhs

Avg. annual salary

Monthly In-hand Salary

117% more than the average Management Associate Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Management Associate Salary 0 - 3 years exp. (13 salaries)	₹13 L/yr - ₹26 L/yr
Data Science & Analytics Management Associate Salary 0 - 3 years exp. (6 salaries)	₹14.5 L/yr - ₹24 L/yr
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Finance & Accounting Management Associate Salary 0 - 3 years exp. (4 salaries)	₹13.4 L/yr - ₹21 L/yr
Marketing & Communication Management Associate Salary 0 - 1 year exp. (3 salaries)	₹13.4 L/yr - ₹22 L/yr
Procurement & Supply Chain Management Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹13.3 L/yr - ₹17.4 L/yr

Last Updated: 29 Mar 2025

Companies similar to HDFC Bank for Management Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Management Associate Salary 0 - 1 year exp. (3 salaries)	₹8 L/yr - ₹10 L/yr 54% less
Sun Pharmaceutical Industries Management Associate Salary 2 - 9 years exp. (206 salaries)	₹1.8 L/yr - ₹6.2 L/yr 79% less
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Dainik Bhaskar Group Management Associate Salary 0 - 6 years exp. (146 salaries)	₹1.7 L/yr - ₹3.9 L/yr 86% less
ICICI Prudential Life Insurance Management Associate Salary 0 - 5 years exp. (83 salaries)	₹7.2 L/yr - ₹13 L/yr 51% less	25 job openings
Citicorp Management Associate Salary 0 - 3 years exp. (56 salaries)	₹14 L/yr - ₹27 L/yr 2% more

Management Associate salary at HDFC Bank ranges between ₹13 Lakhs to ₹26 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 66 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Management Associate salaries

Last Updated: 29 Mar 2025

Experience	Avg Annual Salary
Fresher (33 salaries)	₹16 L/yr - ₹23 L/yr
1 year (12 salaries)	₹13.4 L/yr - ₹24 L/yr
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2 years (13 salaries)	₹13 L/yr - ₹26 L/yr
3 years (8 salaries)	₹13 L/yr - ₹25 L/yr

Similar Designation salaries in HDFC Bank

Maintenance Engineer Salary

(AmbitionBox Estimate)

₹3.3 L/yr - ₹4.3 L/yr

Maintenance Executive Salary

(AmbitionBox Estimate)

₹2.6 L/yr - ₹3.3 L/yr

Maintenance Manager Salary

(4 salaries)

₹11.3 L/yr - ₹30 L/yr

Technician Salary

(AmbitionBox Estimate)

₹10.2 L/yr - ₹13 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹2.9 L/yr - ₹3.7 L/yr

Maintenance Supervisor Salary

(3 salaries)

₹36 L/yr - ₹36 L/yr

Shift Incharge Salary

(AmbitionBox Estimate)

₹18.2 L/yr - ₹23.2 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.3 L/yr

Senior Engineer Salary

(7 salaries)

₹4.89 L/yr - ₹16.5 L/yr

Service Engineer Salary

(72 salaries)

₹1.35 L/yr - ₹4.3 L/yr

Salary related reviews for HDFC Bank

2.0

Rated by 2 employees for salary & benefits

Management Associate in Mumbai

Full Time

Data Science & Analytics Department

2.0

• posted on 13 Oct 2023

2.0

for Salary and Benefits

Likes

Nothing honestly, the work is irrelevant to my degree

Job security - Good

Dislikes

Role mapped against my education is not even remotely compatible. Salary shown during hiring was different as compared to the one I got on offer letter

Salary - Poor

+4 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

Deputy Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 25 Jul 2024

3.0

for Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

Job security - Excellent

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

Skill development - Poor

+3 more

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HDFC Bank Management Associate Salary FAQs

What is the salary of Management Associate at HDFC Bank ?

The average salary of a Management Associate at HDFC Bank in India typically ranges from ₹13.0 Lakhs to ₹26.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Management Associate at HDFC Bank earn more than ₹22.9 Lakhs per year, and the top 1% earn over ₹25.8 Lakhs per year. Management Associate 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 60+ HDFC Bank employees in India.

What is the estimated take home salary of a Management Associate at HDFC Bank in India?

The estimated take-home salary of a Management Associate at HDFC Bank in India typically ranges from ₹1,32,201 to ₹1,37,042 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 60+ 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 Management Associate in India?

Citicorp

₹14.0 Lakhs to ₹27.0 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 Management Associate in companies similar to HDFC Bank in India?

The salary of a Management Associate at companies similar to HDFC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Prudential Life Insurance	₹7.2 Lakhs to ₹13.0 Lakhs per year
ICICI Bank	₹8.0 Lakhs to ₹10.0 Lakhs per year
Sun Pharmaceutical Industries	₹1.8 Lakhs to ₹6.2 Lakhs per year
Dainik Bhaskar Group	₹1.7 Lakhs to ₹3.9 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 Management Associate at HDFC Bank in India?

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

Experience	Average Salary Range
Fresher	₹16.0 Lakhs to ₹23.0 Lakhs per year
1 year	₹13.4 Lakhs to ₹24.0 Lakhs per year
2 years	₹13.0 Lakhs to ₹26.0 Lakhs per year
3 years	₹13.0 Lakhs to ₹25.0 Lakhs per year

and so on.

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HDFC Bank Management Associate Salaries

HDFC Bank Management Associate salary in India ranges between ₹13 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 66 HDFC Bank latest salaries received from various employees of HDFC Bank.