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HDFC Bank Salaries in Mumbai (Updated 2025)

based on 27.9k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Sales & Business Development + 6 more
Designation Avg Annual Salary Open Jobs
2 - 6 years exp. · Mumbai (18 salaries)
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₹1.5 L/yr - ₹3 L/yr

0 - 5 years exp. · Mumbai (18 salaries)
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₹2 L/yr - ₹6.3 L/yr

0 - 5 years exp. · Mumbai (18 salaries)
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₹7.5 L/yr - ₹24 L/yr

5 - 13 years exp. · Mumbai (18 salaries)
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₹5.3 L/yr - ₹11 L/yr

1 - 13 years exp. · Mumbai (17 salaries)
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₹10 L/yr - ₹30 L/yr

0 - 5 years exp. · Mumbai (17 salaries)
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₹2 L/yr - ₹3.2 L/yr

0 - 10 years exp. · Mumbai (17 salaries)
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₹3.6 L/yr - ₹12.5 L/yr

0 - 4 years exp. · Mumbai (17 salaries)
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₹1.2 L/yr - ₹3.4 L/yr

10 - 21 years exp. · Mumbai (17 salaries)
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₹9.6 L/yr - ₹31 L/yr

0 - 6 years exp. · Mumbai (17 salaries)
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₹1.6 L/yr - ₹5.5 L/yr

6 - 14 years exp. · Mumbai (17 salaries)
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₹6.1 L/yr - ₹10 L/yr

1 job opening
0 - 12 years exp. · Mumbai (16 salaries)
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₹1.5 L/yr - ₹3.4 L/yr

5 - 13 years exp. · Mumbai (16 salaries)
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₹5.4 L/yr - ₹15 L/yr

1 job opening
10 - 20 years exp. · Mumbai (16 salaries)
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₹12 L/yr - ₹24.9 L/yr

10 - 17 years exp. · Mumbai (16 salaries)
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₹12 L/yr - ₹28 L/yr

1 - 7 years exp. · Mumbai (16 salaries)
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₹1.8 L/yr - ₹3.8 L/yr

1 job opening
10 - 19 years exp. · Mumbai (16 salaries)
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₹10 L/yr - ₹30.5 L/yr

8 - 15 years exp. · Mumbai (16 salaries)
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₹5.4 L/yr - ₹13.7 L/yr

0 - 3 years exp. · Mumbai (15 salaries)
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₹1.8 L/yr - ₹3.5 L/yr

5 - 16 years exp. · Mumbai (15 salaries)
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₹4.6 L/yr - ₹14 L/yr

Last Updated: 24 Mar, 2025

Salary related reviews for HDFC Bank

3.2

Rated by 3.6k employees for salary & benefits

Full Time

 · 

Product Management Department

1.0
  •  posted on 15 Mar 2025

2.0
 for  Salary and Benefits

Likes

Bank is very organised in terms of process for customers and functions.

  • Job security - Excellent

Dislikes

Bank has grown by 10x in last 10 years but salary growth is just average 5%. Supervisors feedback is only benchmark for promotion. HR doesnt support employees. Always takes side of business.

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

IT & Information Security Department

3.0
  •  posted on 25 Dec 2024

4.0
 for  Salary and Benefits

Likes

1: They gives good bonus and that's the only good part of organisation. 2: If you are at higher position then loan benefits is best perk like home loan at 2.5%

read more
  • Salary - Good
  • +1 more

Dislikes

1: Favouritism is the worst part 2: HR is like they didn't exist they rarely hear you 3: Management trying to do worst from their end 4: Just like other old organisation they only care about new joinee

read more
  • Skill development - Poor
  • +2 more

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.

read more
  • 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.

read more
  • Promotions - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 02 Oct 2024

1.0
 for  Salary and Benefits

Likes

Work life balance

  • Job security - Excellent
  • +1 more

Dislikes

... exploiting the manpower by not giving justice to the effort and their salaries. The industry average is almost 100% higher than the salary they provide. And, with 3-4% increment, you will never beat the inflation. So salary wise - A big NO!! For ex:- AVP (D1 Band) salary in the Bank can go as low as <20 Lacs (almost 15+ years of experience). Exploitation at its peak.

read more
  • Salary - Bad
  • +4 more

Full Time

 · 

Sales & Business Development Department

2.0
  •  posted on 26 Jul 2024

4.0
 for  Salary and Benefits

Likes

They give you good salary package.

  • Salary - Good
  • +1 more

Dislikes

Culture, management is more focused towards numbers and for that they don't care about own peoples health, work life balance. In my tenured I have seen many a times unprofessional behaviour by senior in teams call.

read more
  • Work satisfaction - Bad
  • +1 more
see more salary related reviews

HDFC Bank Salary FAQs

How much does HDFC Bank pay to its employees?
The average annual salary at HDFC Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at HDFC Bank, are as follows:

Office Assistant ₹1.5 Lakhs to ₹3 Lakhs per year
Financial Analyst ₹2 Lakhs to ₹6.3 Lakhs per year
Credit Risk Analyst ₹7.5 Lakhs to ₹24 Lakhs per year
Merchant Relationship Manager ₹5.3 Lakhs to ₹11 Lakhs per year

The highest-paying role, Vice President Investment Banking, earns between ₹87 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹15 Lakhs per year, and the top 1% earn over ₹39.9 Lakhs per year. Salaries at HDFC Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 27.9k salaries submitted by HDFC Bank employees. HDFC Bank is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at HDFC Bank in Mumbai?
The salary of a fresher at HDFC Bank in Mumbai typically ranges from ₹1.4 Lakh to ₹23 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Relationship Manager Salary ₹1.2 Lakhs to ₹8 Lakhs per year
Fresher as a Sales Officer Salary ₹1 Lakhs to ₹4.5 Lakhs per year
Fresher as a Personal Banker Salary ₹1.2 Lakhs to ₹7 Lakhs per year
Fresher as a Deputy Manager Salary ₹3 Lakhs to ₹8 Lakhs per year

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Average annual salary in HDFC Bank , Mumbai is INRunlock blur . Salary estimates are based on 27.9k HDFC Bank latest salaries received from various employees of HDFC Bank.

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