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HDFC Bank

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3.9

based on 38k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank Manager salaries in Mumbai

Annual salary range
0 - 19 years exp.
₹4 Lakhs - ₹17.5 Lakhs
Salary of majority employees
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40% less than the average Manager Salary in Banking Companies for 0 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
0 - 19 years exp. (909 salaries)
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₹4.5 L/yr - ₹17.1 L/yr

Customer Success, Service & Operations
Manager Salary
0 - 19 years exp. (482 salaries)
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₹4.4 L/yr - ₹16 L/yr

Finance & Accounting
Manager Salary
0 - 19 years exp. (445 salaries)
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₹4.5 L/yr - ₹17 L/yr

Sales & Business Development
Manager Salary
0 - 17 years exp. (196 salaries)
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₹5.5 L/yr - ₹15 L/yr

Data Science & Analytics
Manager Salary
0 - 16 years exp. (158 salaries)
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₹5.2 L/yr - ₹17.5 L/yr

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Last Updated: 18 Jan 2025

Companies similar to HDFC Bank for Manager in Mumbai

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HDFC Bank Manager Salary

0 - 19 years exp. (3.3k salaries)

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₹4 L/yr - ₹17.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹6 L/yr - ₹22.1 L/yr

arrow icon 27% more
2 job openings
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Axis Bank Manager Salary

0 - 18 years exp. (1.6k salaries)

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₹5.5 L/yr - ₹18 L/yr

arrow icon 4% more
1 job opening
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Kotak Mahindra Bank Manager Salary

0 - 16 years exp. (1.9k salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 17% less
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State Bank of India Manager Salary

6 - 15 years exp. (95 salaries)

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₹12.1 L/yr - ₹40 L/yr

arrow icon 152% more
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IndusInd Bank Manager Salary

0 - 17 years exp. (596 salaries)

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₹3 L/yr - ₹13.4 L/yr

arrow icon 24% less
1 job opening
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Yes Bank Manager Salary

0 - 17 years exp. (911 salaries)

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₹4 L/yr - ₹14.1 L/yr

arrow icon 7% less
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Standard Chartered Manager Salary

2 - 19 years exp. (136 salaries)

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₹7.1 L/yr - ₹26.7 L/yr

arrow icon 63% more
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Bank of Baroda Manager Salary

5 - 14 years exp. (57 salaries)

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₹8.2 L/yr - ₹25 L/yr

arrow icon 75% more
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Punjab National Bank Manager Salary

3 - 10 years exp. (14 salaries)

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₹7.2 L/yr - ₹22 L/yr

arrow icon 51% more
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Canara Bank Manager Salary

5 - 14 years exp. (54 salaries)

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₹8.5 L/yr - ₹25 L/yr

arrow icon 72% more
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Union Bank of India Manager Salary

5 - 13 years exp. (53 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 62% more
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Bank of India Manager Salary

5 - 11 years exp. (21 salaries)

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₹6 L/yr - ₹20 L/yr

arrow icon 37% more
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IDBI Bank Manager Salary

6 - 17 years exp. (174 salaries)

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₹8.5 L/yr - ₹29 L/yr

arrow icon 96% more
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HDFC Life Manager Salary

1 - 15 years exp. (267 salaries)

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₹5.8 L/yr - ₹17.9 L/yr

arrow icon 3% more
1 job opening
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Bajaj Allianz Life Insurance Manager Salary

3 - 17 years exp. (38 salaries)

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₹8.4 L/yr - ₹18.5 L/yr

arrow icon 31% more
1 job opening
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Max Life Insurance Manager Salary

5 - 16 years exp. (19 salaries)

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₹4 L/yr - ₹13.3 L/yr

arrow icon 19% less
16 job openings
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SBI Life Insurance Company Manager Salary

3 - 20 years exp. (154 salaries)

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₹5.2 L/yr - ₹17 L/yr

arrow icon 16% more
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ICICI Prudential Life Insurance Manager Salary

1 - 13 years exp. (178 salaries)

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₹3.4 L/yr - ₹14.2 L/yr

arrow icon 17% less
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Tata AIA Life Insurance Manager Salary

4 - 18 years exp. (156 salaries)

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₹6.7 L/yr - ₹26 L/yr

arrow icon 58% more
8 job openings
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IDFC FIRST Bank Manager Salary

0 - 14 years exp. (501 salaries)

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₹3.7 L/yr - ₹15 L/yr

arrow icon 11% less
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Manager salary at HDFC Bank ranges between ₹4 Lakhs to ₹17.5 Lakhs per year for employees with less than 1 year of experience to 19 years. Salary estimates are based on 3.3k latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Manager in Mumbai

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11 years exp.
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7 years exp.
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16 years exp.
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Experience wise HDFC Bank Manager salaries in Mumbai

Last Updated: 18 Jan 2025

Experience Avg Annual Salary
Fresher  (45 salaries)

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₹7 L/yr - ₹12.5 L/yr
1 year  (89 salaries)

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₹7 L/yr - ₹13.8 L/yr
2 years  (100 salaries)

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₹6 L/yr - ₹14.8 L/yr
3 years  (136 salaries)

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₹5 L/yr - ₹15.8 L/yr
4 years  (153 salaries)

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₹5.1 L/yr - ₹16 L/yr
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Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10.85 L/yr
Credit Manager Salary
(445 salaries)
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₹4 L/yr - ₹14 L/yr
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₹4 L/yr - ₹13 L/yr
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₹10 L/yr - ₹31 L/yr
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₹3.2 L/yr - ₹12.53 L/yr
Finance Manager Salary
(15 salaries)
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₹5.59 L/yr - ₹6.21 L/yr
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₹2.2 L/yr - ₹10.75 L/yr
Senior Analyst Salary
(7 salaries)
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₹3.9 L/yr - ₹13 L/yr
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₹1.2 L/yr - ₹4.5 L/yr
Audit Manager Salary
(4 salaries)
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₹6.5 L/yr - ₹14 L/yr

Top skills at HDFC Bank for Manager

Productivity Banking Reporting Due Diligence Management

Salary related reviews for HDFC Bank

3.0

Rated by 277 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 14 Apr 2024

1.0
 for  Salary and Benefits

Likes

Secure Job

Dislikes

Poor Team Management Denial of leaves Compensation is below industry standards Login time is strict but they make you stay for long hours. Managers may request you to work on weekend But reject your leave applications

read more

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 18 Dec 2023

1.0
 for  Salary and Benefits

Likes

What I like the Most about HDFC Bank is there are vast amount of work which you can do, change your profile and learn a lot. If you are a person who wants to Learn and keep Learning you can take HDFC as your Company. There are various Profile in HDFC bank which you can Explore.

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Dislikes

...ife is work basically. You won't be appreciated if you don't Shine at your Work. The Pay is Less and Not upto the standard of the work you put in. The Backoffice although Hike is maximum 8 to 9 % although they really reward the Sales and business team with quarterly bonuses. There is No work challenge for the People who are good with Numbers. Again, it depends on your Profile. Basically work a lot with less money and No appreciation whatsoever. Female employees are not given drop even if they stay up till 11 in the night. No Female Benefits all men dominated. every Month end you have to work and also some bank holidays. Hell lot of Pressure.

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Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 04 Nov 2023

2.0
 for  Salary and Benefits

Likes

Work security is good. Few good bosses as well. Good learning and development facilities with good education company tie-ups.

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Dislikes

Work balance is average. Salary is bad along with bonus (probably worst in the banking industry).

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Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 17 Apr 2023

3.0
 for  Salary and Benefits

Likes

The benefits with salary are good like the loan benefits.

Dislikes

No work life balance Toxic culture Long working hours and weekend as well Not much increment Leaves are available in system but cannot take

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BFSI, Investments & Trading Department

1.0
  •  posted on 04 Dec 2020

3.0
 for  Salary and Benefits

Likes

....Processes are good to an extent but then people don’t follow them honourably.Sales roles have good bonus at times.

read more

Dislikes

Both management and work culture is very poor, dominating and aggressive on targets. It’s all about sales and learning is only till the extent you can deliver results. HR in general is not efficient or helpful. Training is not upto mark for sales roles which makes you suffer on the job.Work life balance is quite poor.

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HDFC Bank Manager Salary FAQs

What is the salary of Manager at HDFC Bank Mumbai?
Manager salary at HDFC Bank in Mumbai ranges between ₹4.0 Lakhs to ₹17.5 Lakhs for less than 1 year of experience to 19 years. According to our estimates it is 40% less than the average Manager Salary in India. Salary estimates are based on 3.3k latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a Manager at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a Manager at HDFC Bank is 40% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Manager at HDFC Bank?
Productivity, Banking, Reporting, Due Diligence and Management are some of the popular skills required to work as a Manager at HDFC Bank Mumbai.
Which similar companies are paying more than HDFC Bank to a Manager in Mumbai?
  • State Bank of India Manager Salary - ₹12.1 Lakhs to ₹40.0 Lakhs per year
  • IDBI Bank Manager Salary - ₹8.5 Lakhs to ₹29.0 Lakhs per year
  • South Indian Bank Manager Salary - ₹7.5 Lakhs to ₹25.0 Lakhs per year
  • Bank of Baroda Manager Salary - ₹8.2 Lakhs to ₹25.0 Lakhs per year
  • Federal Bank Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
What is the salary of a Manager in companies similar to HDFC Bank in Mumbai?
  • Canara Bank Manager Salary - ₹8.5 Lakhs to ₹25.0 Lakhs per year
  • Standard Chartered Manager Salary - ₹7.1 Lakhs to ₹26.7 Lakhs per year
  • Union Bank of India Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
  • Tata AIA Life Insurance Manager Salary - ₹6.7 Lakhs to ₹26.0 Lakhs per year
  • Punjab National Bank Manager Salary - ₹7.2 Lakhs to ₹22.0 Lakhs per year
What is the estimated take home salary of a Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Manager at HDFC Bank ranges between ₹70,834 per month to ₹72,657 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Manager salary in India which ranges between ₹4.0 Lakhs to ₹17.5 Lakhs per year for employees with less than 1 year of experience to 19 years. Check how did we calculate take home salary?
What is the notice period for Manager at HDFC Bank in Mumbai?
According to AmbitionBox, 63% of the HDFC Bank Managers in Mumbai reported a notice period of 3 Months, 30% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 2k responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Manager salary in Mumbai ranges between ₹4 Lakhs to ₹17.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3.3k HDFC Bank latest salaries received from various employees of HDFC Bank.