HDFC Bank Chennai Manager M1 Salaries by 7 Employees (Updated 2025)

6 - 12 years exp.

₹5.5 Lakhs - ₹8.9 Lakhs

Salary of majority employees

Unlock

24% less than the average Manager M1 Salary in Banking Companies for 6 - 12 years of experience

Interested in this particular role?

Salaries in different departments

Sales & Business Development Manager M1 Salary 7 - 11 years exp. (3 salaries)	Unlock ₹6.7 L/yr - ₹8.9 L/yr
Customer Success, Service & Operations Manager M1 Salary 10 - 12 years exp. (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹7.8 L/yr
Login to view exact salary
Finance & Accounting Manager M1 Salary 6 - 7 years exp. (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹8.2 L/yr

Last Updated: 12 Feb 2025

Companies similar to HDFC Bank for Manager M1 in Chennai

HDFC Bank Manager M1 Salary

6 - 12 years exp. (7 salaries)

Unlock

₹5.5 L/yr - ₹8.9 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager M1 Salary 1 - 16 years exp. (104 salaries)	Unlock ₹5.8 L/yr - ₹13 L/yr 22% more
Axis Bank Manager M1 Salary 5 - 12 years exp. (8 salaries)	Unlock ₹5.8 L/yr - ₹9 L/yr 8% less
Login to view exact salary
Kotak Mahindra Bank Manager M1 Salary 8 - 12 years exp. (4 salaries)	Unlock ₹3.9 L/yr - ₹10 L/yr 15% less
Yes Bank Manager M1 Salary 1 - 10 years exp. (3 salaries)	Unlock ₹6.7 L/yr - ₹8 L/yr 5% less
Capgemini Manager M1 Salary 9 - 16 years exp. (11 salaries)	Unlock ₹15.7 L/yr - ₹21 L/yr 109% more

Manager M1 salary at HDFC Bank ranges between ₹5.5 Lakhs to ₹8.9 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 7 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Manager M1 salaries in Chennai

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹5.5 L/yr - ₹13.9 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹6 L/yr - ₹14 L/yr
Login to view exact salary
8 years (AmbitionBox Estimate)	Unlock ₹6.7 L/yr - ₹14.1 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹7.1 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹14.4 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹3.2 L/yr - ₹8.9 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹6.5 L/yr - ₹14.6 L/yr

View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary

(2k salaries)

Unlock

₹2.5 L/yr - ₹8 L/yr

Branch Manager Salary

(139 salaries)

Unlock

₹6.28 L/yr - ₹27 L/yr

Team Lead Salary

(28 salaries)

Unlock

₹2 L/yr - ₹9.44 L/yr

Team Manager Salary

(18 salaries)

Unlock

₹4.05 L/yr - ₹13.24 L/yr

Project Manager Salary

(11 salaries)

Unlock

₹6 L/yr - ₹12 L/yr

Area Manager Salary

(4 salaries)

Unlock

₹7 L/yr - ₹15 L/yr

Salary related reviews for HDFC Bank

4.8

Rated by 3 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 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

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

Operations Manager in Chennai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Sep 2024

3.0

for Salary and Benefits

Likes

Salary is the only like

Dislikes

Work balance is there but no life. Extended hours of working even when you are not supposed to stay. Hr just a pacifier rather than problem solving or solution provided If you are single it will be a best place because you have no time to concentrate on the family

Skill development - Poor

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

What people are saying about HDFC Bank

View All

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 ✅️ HD... read more

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

4 participants . poll closed

Got a question about HDFC Bank?

Ask anonymously on communities.

HDFC Bank Manager M1 Salary FAQs

What is the salary of Manager M1 at HDFC Bank Chennai?

Manager M1 salary at HDFC Bank in Chennai ranges between ₹5.5 Lakhs to ₹8.9 Lakhs for experience between 6 years to 12 years. According to our estimates it is 24% less than the average Manager M1 Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HDFC Bank Chennai.

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

The average salary of a Manager M1 at HDFC Bank is 24% less than the average salary of a Manager M1 in Chennai. To know exact salary insights, login to view.

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

Capgemini Manager M1 Salary - ₹15.7 Lakhs to ₹21.0 Lakhs per year
ICICI Bank Manager M1 Salary - ₹5.8 Lakhs to ₹13.0 Lakhs per year

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

Yes Bank Manager M1 Salary - ₹6.7 Lakhs to ₹8.0 Lakhs per year
Axis Bank Manager M1 Salary - ₹5.8 Lakhs to ₹9.0 Lakhs per year
Kotak Mahindra Bank Manager M1 Salary - ₹3.9 Lakhs to ₹10.0 Lakhs per year

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

The estimated take-home salary of a Manager M1 at HDFC Bank ranges between ₹58,878 per month to ₹60,363 per month in Chennai. The take-home salary calculation is based on the average HDFC Bank Manager M1 salary in India which ranges between ₹5.5 Lakhs to ₹8.9 Lakhs per year for employees with experience between 6 years to 12 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 43% of the HDFC Bank Manager M1s in Chennai reported a notice period of 2 Months, 43% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
HDFC Bank Salaries >
HDFC Bank Manager M1 Salaries >
HDFC Bank Manager M1 Salaries in Chennai

HDFC Bank Manager M1 salary in Chennai ranges between ₹5.5 Lakhs to ₹8.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HDFC Bank latest salaries received from various employees of HDFC Bank.