HDFC Bank Chennai Management Associate Salaries by 5 Employees (Updated 2025)

0 - 2 years exp.

₹13 Lakhs - ₹20 Lakhs

Salary of majority employees

Fixed (86%)

₹16.5 Lakhs

Variable (14%)

₹2.6 Lakhs

At par with the average Management Associate Salary in Banking Companies for 0 - 2 years of experience

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Last Updated: 7 Jan 2025

Companies similar to HDFC Bank for Management Associate in Chennai

HDFC Bank Management Associate Salary

0 - 2 years exp. (5 salaries)

₹13 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
NatWest Group Management Associate Salary 3 - 6 years exp. (5 salaries)	₹12 L/yr - ₹16.6 L/yr 25% less
Sutherland Global Services Management Associate Salary 0 - 1 year exp. (3 salaries)	₹2.5 L/yr - ₹2.9 L/yr 86% less
Login to view exact salary
VCIDEX Solutions Management Associate Salary 1 - 2 years exp. (3 salaries)	₹1.8 L/yr - ₹2.2 L/yr 89% less

Management Associate salary at HDFC Bank ranges between ₹13 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Management Associate salaries in Chennai

Last Updated: 7 Jan 2025

Experience	Avg Annual Salary
Fresher (4 salaries)	₹16 L/yr - ₹20 L/yr
1 year (AmbitionBox Estimate)	₹17 L/yr - ₹21.7 L/yr
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2 years (AmbitionBox Estimate)	₹13 L/yr - ₹34.8 L/yr

Similar Designation salaries in HDFC Bank

Service Engineer Salary

(3 salaries)

₹2.4 L/yr - ₹3.2 L/yr

Salary related reviews for HDFC Bank

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 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

Deputy Manager in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 May 2024

1.0

for Salary and Benefits

Likes

Other than job stability and company value there's no benefits at all

Job security - Excellent

Dislikes

...ng a leave when you are sick also feels like you have committed a serious crime. No hike even after working for almost 10 hrs a day for 4 years. Terrible process and sales pressure. Your mental health goes for a toss working here.

Salary - Bad

+5 more

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What people are saying about HDFC Bank

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spellbindingmint

works at

HDFC Bank

I got offer from Infosys as associate consultant and currently working as Wealth manager for HDFC bank. Is job security there in Infosys?

The scenario is here in HDFC, they are forcing us to join operations team and reducing our salary from 14lpa to 8.5lpa. While Infosys is offering 10.5lpa. What should I do as I think the in hand salary will be similar in both the companies. Worried about job security in Infosys.

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HDFC Bank Management Associate Salary FAQs

What is the salary of Management Associate at HDFC Bank Chennai?

Management Associate salary at HDFC Bank in Chennai ranges between ₹13.0 Lakhs to ₹20.0 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 4% more than the average Management Associate Salary in India. Salary estimates are based on 5 latest salaries received from various employees of HDFC Bank Chennai.

How does the salary of a Management Associate at HDFC Bank Chennai compare with the average salary range for this job?

The average salary of a Management Associate at HDFC Bank is 4% more than the average salary of a Management Associate in Chennai. To know exact salary insights, login to view.

What is the salary of a Management Associate in companies similar to HDFC Bank in Chennai?

NatWest Group Management Associate Salary - ₹12.0 Lakhs to ₹16.6 Lakhs per year
Sutherland Global Services Management Associate Salary - ₹2.5 Lakhs to ₹2.9 Lakhs per year
VCIDEX Solutions Management Associate Salary - ₹1.8 Lakhs to ₹2.2 Lakhs per year

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

The estimated take-home salary of a Management Associate at HDFC Bank ranges between ₹1,26,959 per month to ₹1,31,143 per month in Chennai. The take-home salary calculation is based on the average HDFC Bank Management Associate salary in India which ranges between ₹13.0 Lakhs to ₹20.0 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?

What is the notice period for Management Associate at HDFC Bank in Chennai?

According to AmbitionBox, 50% of the HDFC Bank Management Associates in Chennai reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

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HDFC Bank Management Associate Salaries in Chennai

HDFC Bank Management Associate salary in Chennai ranges between ₹13 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Bank latest salaries received from various employees of HDFC Bank.