HDFC Bank Procurement Manager Salaries by 5 Employees

8 - 14 years exp.

₹12 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Procurement Manager Salary in Banking Companies for 8 - 14 years of experience

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Salaries in different departments

Procurement & Supply Chain Procurement Manager Salary 8 - 13 years exp. (3 salaries)	₹12 L/yr - ₹13 L/yr
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Construction & Site Engineering Procurement Manager Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹11.5 L/yr - ₹14.1 L/yr

Last Updated: 16 Feb 2024

Companies similar to HDFC Bank for Procurement Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Procurement Manager Salary 2 - 15 years exp. (11 salaries)	₹5.5 L/yr - ₹13.2 L/yr 27% less
Axis Bank Procurement Manager Salary 9 - 14 years exp. (10 salaries)	₹12.3 L/yr - ₹17 L/yr 4% more
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Bandhan Bank Procurement Manager Salary 7 - 13 years exp. (5 salaries)	₹5.7 L/yr - ₹8 L/yr 45% less
Ujjivan Small Finance Bank Procurement Manager Salary 13 - 18 years exp. (5 salaries)	₹13.5 L/yr - ₹18 L/yr 23% more
Utkarsh Small Finance Bank Procurement Manager Salary 7 - 9 years exp. (3 salaries)	₹7.9 L/yr - ₹8.8 L/yr 35% less
Kotak Mahindra Bank Procurement Manager Salary 0 - 13 years exp. (3 salaries)	₹5.2 L/yr - ₹11.5 L/yr 35% less

Procurement Manager salary at HDFC Bank ranges between ₹12 Lakhs to ₹13 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Procurement Manager salaries

Last Updated: 16 Feb 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹12 L/yr - ₹22.1 L/yr
9 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
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10 years (AmbitionBox Estimate)	₹5 L/yr - ₹12.8 L/yr
11 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
12 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹13 L/yr
13 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹13 L/yr
14 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹23.4 L/yr

View all

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Inventory Manager Salary

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Senior Purchase Executive Salary

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Salary related reviews for HDFC Bank

3.6

Rated by 3 employees for salary & benefits

Deputy Manager in Mumbai

Full Time

Finance & Accounting Department

1.0

• posted on 25 Mar 2025

2.0

for Salary and Benefits

Likes

Don't have anything to like here

Dislikes

No Work life balance here No opportunity for skill development. No proper salary hike If you and family suffering from anything and u not providing proper productivity due any issue then don't have job security.

Salary - Poor

+5 more

Personal Banker in Thiruvananthapuram

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 24 Mar 2025

2.0

for Salary and Benefits

Likes

Salary ontime .

Dislikes

No proper work life balance , target is there so immense pressure for missell, no time for the completion of work. You need to wait till 7:30pm to leave. You will get mail at 6:30 to leave but it's a gimmick to fool the RBI .

Salary - Poor

+6 more

Senior Branch Sales Manager in Pune

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 20 Mar 2025

3.0

for Salary and Benefits

Likes

Salary, training,skill development,perks and benefits

Dislikes

Politics, lack of support by supervisor and BM ,CH, also HR policy not working properly,huge unwanted work pressure and work life balance,it's demanded forcefully sales job.

Job security - Bad

+4 more

Product Lead in Mumbai

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.

Salary - Poor

+2 more

Brach Operation Manager in Guwahati

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 02 Mar 2025

2.0

for Salary and Benefits

Likes

Only the technical interface side of the platforms used while in tramsactions

Job security - Good

Dislikes

It does not have any transparency on promotion criteria, no uniformity of salary structure, vintage staff are not given due pay , promotions. HR has no roles or say when any staff asks for any query or requirement but says at the discretion of Cluster heads who never encourages except only flattering is done.

Salary - Poor

+3 more

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What people are saying about HDFC Bank

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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 ✅️ HDFC ❌️ Location: HDFC - New Delhi, TP - Noida Team Handling: HDFC - Individual role. TP - Team Leader Team Handling: HDFC ❌️ TP ✅️ Working Days: HDFC - 6. TP - 5 Customer Base: HDFC - Indian, TP - USA

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

HDFC Bank

Teleperformance

4 participants . poll closed

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HDFC Bank Procurement Manager Salary FAQs

What is the salary of Procurement Manager at HDFC Bank ?

The average salary of a Procurement Manager at HDFC Bank in India typically ranges from ₹12.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Procurement Manager at HDFC Bank earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Procurement Manager 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 estimates are based on salary data submitted by 5 HDFC Bank employees in India.

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

The estimated take-home salary of a Procurement Manager at HDFC Bank in India typically ranges from ₹89,643 to ₹91,998 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 8 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of HDFC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HDFC Bank for Procurement Manager in India?

Ujjivan Small Finance Bank	₹13.5 Lakhs to ₹18.0 Lakhs per year
Axis Bank	₹12.3 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.

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

The salary of a Procurement Manager at companies similar to HDFC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank	₹5.5 Lakhs to ₹13.2 Lakhs per year
Kotak Mahindra Bank	₹5.2 Lakhs to ₹11.5 Lakhs per year
Utkarsh Small Finance Bank	₹7.9 Lakhs to ₹8.8 Lakhs per year
Bandhan Bank	₹5.7 Lakhs to ₹8.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Procurement Manager at HDFC Bank in India?

The salary growth for a Procurement Manager at HDFC Bank depends on factors such as experience, performance, and promotions. On average, a Procurement Manager can expect the following growth trajectory at HDFC Bank:

Experience	Average Salary Range
8 years	₹12.0 Lakhs to ₹22.1 Lakhs per year
9 years	₹11.2 Lakhs to ₹14.3 Lakhs per year
10 years	₹5.0 Lakhs to ₹12.8 Lakhs per year
11 years	₹11.4 Lakhs to ₹14.6 Lakhs per year

and so on.

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HDFC Bank Procurement Manager Salaries

HDFC Bank Procurement Manager salary in India ranges between ₹12 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Bank latest salaries received from various employees of HDFC Bank.