HDFC Bank Manager M1 Salaries by 100+ Employees (Updated 2025)

5 - 14 years exp.

₹5 Lakhs - ₹13.3 Lakhs

Salary of majority employees

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29% less than the average Manager M1 Salary in Banking Companies for 5 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager M1 Salary 5 - 14 years exp. (48 salaries)	Unlock ₹6 L/yr - ₹12.9 L/yr
Customer Success, Service & Operations Manager M1 Salary 5 - 14 years exp. (29 salaries)	Unlock ₹5.2 L/yr - ₹10 L/yr
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Sales & Business Development Manager M1 Salary 5 - 12 years exp. (24 salaries)	Unlock ₹5.9 L/yr - ₹12.1 L/yr
Finance & Accounting Manager M1 Salary 5 - 14 years exp. (22 salaries)	Unlock ₹5.5 L/yr - ₹10.5 L/yr

Last Updated: 1 Mar 2025

Companies similar to HDFC Bank for Manager M1

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager M1 Salary 1 - 17 years exp. (1.9k salaries)	Unlock ₹4.5 L/yr - ₹15 L/yr 24% more
Axis Bank Manager M1 Salary 5 - 14 years exp. (165 salaries)	Unlock ₹4.2 L/yr - ₹12 L/yr 3% less
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Kotak Mahindra Bank Manager M1 Salary 2 - 12 years exp. (42 salaries)	Unlock ₹3 L/yr - ₹10 L/yr 29% less
State Bank of India Manager M1 Salary 10 - 14 years exp. (3 salaries)	Unlock ₹20 L/yr - ₹36 L/yr 214% more
Standard Chartered Manager M1 Salary 5 - 10 years exp. (6 salaries)	Unlock ₹6.9 L/yr - ₹10 L/yr 11% more
Yes Bank Manager M1 Salary 1 - 13 years exp. (35 salaries)	Unlock ₹5.5 L/yr - ₹10.1 L/yr 9% less
IDFC FIRST Bank Manager M1 Salary 4 - 12 years exp. (44 salaries)	Unlock ₹5 L/yr - ₹9.5 L/yr 12% less
IndusInd Bank Manager M1 Salary 4 - 11 years exp. (44 salaries)	Unlock ₹3.5 L/yr - ₹8.8 L/yr 22% less
RBL Bank Manager M1 Salary 4 - 17 years exp. (19 salaries)	Unlock ₹5.7 L/yr - ₹11.9 L/yr 7% less
Bandhan Bank Manager M1 Salary 9 - 13 years exp. (10 salaries)	Unlock ₹7.2 L/yr - ₹9.5 L/yr At par
IDBI Bank Manager M1 Salary 5 - 14 years exp. (5 salaries)	Unlock ₹13.5 L/yr - ₹20 L/yr 115% more
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Karur Vysya Bank Manager M1 Salary 6 - 12 years exp. (5 salaries)	Unlock ₹6 L/yr - ₹9 L/yr 12% less
Jana Small Finance Bank Manager M1 Salary 10 - 16 years exp. (4 salaries)	Unlock ₹6 L/yr - ₹6.5 L/yr 27% less
Ujjivan Small Finance Bank Manager M1 Salary 5 - 13 years exp. (4 salaries)	Unlock ₹4.5 L/yr - ₹6.2 L/yr 35% less

Manager M1 salary at HDFC Bank ranges between ₹5 Lakhs to ₹13.3 Lakhs per year for employees with experience between 5 years to 14 years. Salary estimates are based on 148 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Manager M1

5d ago

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5 years exp.

2w ago

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9 years exp.

3w ago

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8 years exp.

3w ago

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14 years exp.

1mo ago

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10 years exp.

1mo ago

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13 years exp.

1mo ago

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9 years exp.

1mo ago

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9 years exp.

1mo ago

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9 years exp.

1mo ago

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9 years exp.

Experience wise HDFC Bank Manager M1 salaries

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
5 years (12 salaries)	Unlock ₹6 L/yr - ₹9.5 L/yr
6 years (15 salaries)	Unlock ₹5.2 L/yr - ₹9.3 L/yr
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7 years (13 salaries)	Unlock ₹6 L/yr - ₹9.7 L/yr
8 years (26 salaries)	Unlock ₹5 L/yr - ₹10 L/yr
9 years (30 salaries)	Unlock ₹6 L/yr - ₹12.9 L/yr
10 years (17 salaries)	Unlock ₹6.4 L/yr - ₹12.1 L/yr
11 years (11 salaries)	Unlock ₹5 L/yr - ₹9 L/yr
12 years (10 salaries)	Unlock ₹6.1 L/yr - ₹8.7 L/yr
13 years (10 salaries)	Unlock ₹6 L/yr - ₹13.3 L/yr
14 years (4 salaries)	Unlock ₹6.5 L/yr - ₹9 L/yr

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Similar Designation salaries in HDFC Bank

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Area Manager Salary

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₹4.65 L/yr - ₹19.65 L/yr

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Team Lead Salary

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₹2 L/yr - ₹10.8 L/yr

Program Manager Salary

(30 salaries)

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₹8.5 L/yr - ₹29 L/yr

Project Manager Salary

(168 salaries)

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₹5.15 L/yr - ₹18.04 L/yr

Cluster Manager Salary

(24 salaries)

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₹5 L/yr - ₹20 L/yr

Service Manager Salary

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₹3 L/yr - ₹9.5 L/yr

Salary related reviews for HDFC Bank

3.7

Rated by 25 employees for salary & benefits

Manager M1 in Jaipur

Full Time

Sales & Business Development Department

1.0

• posted on 17 Apr 2023

2.0

for Salary and Benefits

Likes

...3 hour job and lots of abusive culture Even BM and cluster team not supportive .only salary credited on time .

Dislikes

Everything is pathetic ,toxic culture not to join. Late working hour No work-life balance Poor infrastructure Sales presuer huge

Salary - Poor

+6 more

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Marketing & Communication Department

2.0

• posted on 15 Feb 2025

2.0

for Salary and Benefits

Likes

Brand value and future leaders in banking ,

Dislikes

Internal Politics, no understand on employee struggles ,no job security, less salary in the market ,always think about bank profits ,no human values ,no caring of employees , no much digitalization comparing to other banks , No leaves ,huge pressure eon every employee for tgts , need huge profits with less man power, No happiness at working with bank .only need of the hour for employees

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

Assistant Vice President in Mumbai

Full Time

Engineering - Software & QA Department

2.0

• posted on 04 Dec 2024

3.0

for Salary and Benefits

Likes

Only job security. Salary on time. Work life balance is depends on manager.

Skill development - Good

+1 more

Dislikes

Excessive work load, it ruin week end and late night so it hardly impact on work life balance. Poor management (Depends on vertical). Poisonous politics. Unpractical deadlines. At join they told its hybrid but after few months manager ruling to come everyday. Bad infrastructure, office and internet services.

Promotions - Poor

+3 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

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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... read more

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HDFC Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at HDFC Bank?

Manager M1 salary at HDFC Bank in India ranges between ₹5.0 Lakhs to ₹13.3 Lakhs for experience between 5 years to 14 years. According to our estimates it is 29% less than the average Manager M1 Salary in India. Salary estimates are based on 148 latest salaries received from various employees of HDFC Bank India.

How does the salary of a Manager M1 at HDFC Bank India compare with the average salary range for this job?

The average salary of a Manager M1 at HDFC Bank is 29% less than the average salary of a Manager M1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than HDFC Bank to a Manager M1 in India?

State Bank of India Manager M1 Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
IDBI Bank Manager M1 Salary - ₹13.5 Lakhs to ₹20.0 Lakhs per year
ICICI Bank Manager M1 Salary - ₹4.5 Lakhs to ₹15.0 Lakhs per year
Standard Chartered Manager M1 Salary - ₹6.9 Lakhs to ₹10.0 Lakhs per year
Bandhan Bank Manager M1 Salary - ₹7.2 Lakhs to ₹9.5 Lakhs per year

What is the salary of a Manager M1 in companies similar to HDFC Bank in India?

Axis Bank Manager M1 Salary - ₹4.2 Lakhs to ₹12.0 Lakhs per year
RBL Bank Manager M1 Salary - ₹5.7 Lakhs to ₹11.9 Lakhs per year
Yes Bank Manager M1 Salary - ₹5.5 Lakhs to ₹10.1 Lakhs per year
IDFC FIRST Bank Manager M1 Salary - ₹5.0 Lakhs to ₹9.5 Lakhs per year
Karur Vysya Bank Manager M1 Salary - ₹6.0 Lakhs to ₹9.0 Lakhs per year

What is the estimated take home salary of a Manager M1 at HDFC Bank in India?

The estimated take-home salary of a Manager M1 at HDFC Bank ranges between ₹60,819 per month to ₹62,359 per month in India. The take-home salary calculation is based on the average HDFC Bank Manager M1 salary in India which ranges between ₹5.0 Lakhs to ₹13.3 Lakhs per year for employees with experience between 5 years to 14 years. Check how did we calculate take home salary?

What is the notice period for Manager M1 at HDFC Bank?

According to AmbitionBox, 55% of the HDFC Bank Manager M1s reported a notice period of 3 Months, 33% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 174 responses on AmbitionBox in last 2 years.

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HDFC Bank Manager M1 Salaries by Location

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HDFC Bank Manager M1 Salaries

HDFC Bank Manager M1 salary in India ranges between ₹5 Lakhs to ₹13.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 148 HDFC Bank latest salaries received from various employees of HDFC Bank.

HDFC Bank Manager M1 salaries in India (Updated 2025)

Companies similar to HDFC Bank for Manager M1

Latest annual salaries shared by HDFC Bank Manager M1

Experience wise HDFC Bank Manager M1 salaries

Similar Designation salaries in HDFC Bank

Salary related reviews for HDFC Bank

Manager M1 in Jaipur

Assistant Vice President in Hyderabad / Secunderabad

Deputy Manager in Guwahati (working remotely)

Assistant Vice President in Mumbai

Deputy Manager in Chennai

HDFC Bank Manager M1 Salary FAQs

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