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HDFC Bank

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3.9

based on 37.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank Management Associate salaries in Mumbai

Annual salary range
0 - 3 years exp.
₹13 Lakhs - ₹26 Lakhs
Salary of majority employees
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89% 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
1 - 3 years exp. (5 salaries)
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₹14 L/yr - ₹26 L/yr

Data Science & Analytics
Management Associate Salary
0 - 3 years exp. (4 salaries)
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₹14 L/yr - ₹22 L/yr

Finance & Accounting
Management Associate Salary
0 - 3 years exp. (4 salaries)
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₹13.4 L/yr - ₹21 L/yr

Marketing & Communication
Management Associate Salary
Fresher (AmbitionBox Estimate)
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₹18 L/yr - ₹20.1 L/yr

Procurement & Supply Chain
Management Associate Salary
3 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹18.3 L/yr

Last Updated: 28 Nov 2024

Companies similar to HDFC Bank for Management Associate in Mumbai

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HDFC Bank Management Associate Salary

0 - 3 years exp. (23 salaries)

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₹13 L/yr - ₹26 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Citibank Management Associate Salary

0 - 2 years exp. (27 salaries)

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₹13 L/yr - ₹24 L/yr

arrow icon 5% less
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₹7.6 L/yr - ₹13 L/yr

arrow icon 49% less
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Rolta India Management Associate Salary

15 - 22 years exp. (11 salaries)

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₹8 L/yr - ₹13 L/yr

arrow icon 39% less
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DBS Bank Management Associate Salary

0 - 6 years exp. (11 salaries)

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₹17.5 L/yr - ₹23 L/yr

arrow icon 1% more
1 job opening
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Edelweiss Management Associate Salary

0 - 4 years exp. (7 salaries)

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₹11 L/yr - ₹25 L/yr

arrow icon 4% less
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 23 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Management Associate in Mumbai

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Experience wise HDFC Bank Management Associate salaries in Mumbai

Last Updated: 28 Nov 2024

Experience Avg Annual Salary
Fresher  (7 salaries)

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₹14 L/yr - ₹22 L/yr
1 year  (5 salaries)

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₹17 L/yr - ₹22 L/yr
2 years  (6 salaries)

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₹14 L/yr - ₹26 L/yr
3 years  (5 salaries)

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₹13 L/yr - ₹23.5 L/yr

Similar Designation salaries in HDFC Bank

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₹7.8 L/yr - ₹11.47 L/yr
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₹1.8 L/yr - ₹2.4 L/yr

Salary related reviews for HDFC Bank

2.0

Rated by 1 employees for salary & benefits

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

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

read more

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

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Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary is always on time. Brand name in the market makes feel proud of being part of big organization. Good software Technology system is adopted by the this organisation for both customers and employees. Less technological errors/failures are faced.

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Dislikes

Extended working hours, Apart from salary, other benefits are very less as compare to other organisations. Incentive structure is very strict and most of the time partial part of earned incentives are kept on hold for the whole year. Sales is so aggressive as it could harm mental well being. Output is given highest priority than the inputs. Seniors always show aggression for sales and same aggression is seen in their actions and reactions. Overall work culture is not helathy to work. Most of the time obusive language and high volume is used by seniors.

read more

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.

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.

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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

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.

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HDFC Bank Management Associate Salary FAQs

What is the salary of Management Associate at HDFC Bank Mumbai?
Management Associate salary at HDFC Bank in Mumbai ranges between ₹13.0 Lakhs to ₹26.0 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 89% more than the average Management Associate Salary in India. Salary estimates are based on 23 latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a Management Associate at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a Management Associate at HDFC Bank is 89% more than the average salary of a Management Associate in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Bank to a Management Associate in Mumbai?
  • DBS Bank Management Associate Salary - ₹17.5 Lakhs to ₹23.0 Lakhs per year
What is the salary of a Management Associate in companies similar to HDFC Bank in Mumbai?
  • Edelweiss Management Associate Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
  • Citibank Management Associate Salary - ₹13.0 Lakhs to ₹24.0 Lakhs per year
  • Rolta India Management Associate Salary - ₹8.0 Lakhs to ₹13.0 Lakhs per year
  • ICICI Prudential Life Insurance Management Associate Salary - ₹7.6 Lakhs to ₹13.0 Lakhs per year
What is the estimated take home salary of a Management Associate at HDFC Bank in Mumbai?
The estimated take-home salary of a Management Associate at HDFC Bank ranges between ₹1,29,907 per month to ₹1,34,483 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Management Associate salary in India which ranges between ₹13.0 Lakhs to ₹26.0 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Management Associate at HDFC Bank in Mumbai?
According to AmbitionBox, 80% of the HDFC Bank Management Associates in Mumbai reported a notice period of 1 Month, 20% reported a notice period of 3 Months.This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Management Associate salary in Mumbai ranges between ₹13 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 23 HDFC Bank latest salaries received from various employees of HDFC Bank.