HDFC Bank Product Development Manager Salaries by 4 Employees

4 - 14 years exp.

₹7.6 Lakhs - ₹26 Lakhs

Low Confidence

Salary of majority employees

22% less than the average Product Development Manager Salary in Banking Companies for 4 - 14 years of experience

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Salaries in different departments

Product Management Product Development Manager Salary 4 - 6 years exp. (3 salaries)	₹7.6 L/yr - ₹16 L/yr
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BFSI, Investments & Trading Product Development Manager Salary 14 years exp. (AmbitionBox Estimate)	₹23.4 L/yr - ₹28.6 L/yr

Last Updated: 11 Mar 2023

Companies similar to HDFC Bank for Product Development Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Product Development Manager Salary 4 - 9 years exp. (5 salaries)	₹15 L/yr - ₹25.5 L/yr 17% more
State Bank of India Product Development Manager Salary 8 - 12 years exp. (4 salaries)	₹22 L/yr - ₹27 L/yr 45% more
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American Express Product Development Manager Salary 4 - 15 years exp. (29 salaries)	₹20 L/yr - ₹38 L/yr 82% more
HARMAN Product Development Manager Salary 10 - 18 years exp. (25 salaries)	₹15.2 L/yr - ₹40 L/yr 83% more
FIS Product Development Manager Salary 10 - 19 years exp. (20 salaries)	₹18.1 L/yr - ₹35.8 L/yr 61% more

Product Development Manager salary at HDFC Bank ranges between ₹7.6 Lakhs to ₹26 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Product Development Manager salaries

Last Updated: 11 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹3.4 L/yr - ₹15.1 L/yr
5 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹18.2 L/yr
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6 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹21.2 L/yr
7 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.5 L/yr
8 years (AmbitionBox Estimate)	₹13.7 L/yr - ₹17.5 L/yr
9 years (AmbitionBox Estimate)	₹15.2 L/yr - ₹19.4 L/yr
10 years (AmbitionBox Estimate)	₹16.7 L/yr - ₹21.4 L/yr
11 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.3 L/yr
12 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
13 years (AmbitionBox Estimate)	₹21.3 L/yr - ₹27.2 L/yr
14 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹26 L/yr

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Salary related reviews for HDFC Bank

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

Customer Experience Executive in Hyderabad / Secunderabad

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 26 Sep 2024

1.0

for Salary and Benefits

Likes

Learning on own by taking help of mails and circulars

Dislikes

Pay, salary benefits, appraisals, bonus, transfer to nearest residence even after serving for more than 15 years. No proper response from Supervisor, mentors nad his superiors including HR regarding pay and other seniors.

Salary - Bad

+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

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HDFC Bank Product Development Manager Salary FAQs

What is the salary of Product Development Manager at HDFC Bank ?

The average salary of a Product Development Manager at HDFC Bank in India typically ranges from ₹7.6 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 4 years to 14 years).

The top 10% of Product Development Manager at HDFC Bank earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Product Development 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 4 HDFC Bank employees in India.

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

The estimated take-home salary of a Product Development Manager at HDFC Bank in India typically ranges from ₹1,14,592 to ₹1,17,785 per month. This is based on the average salary range of ₹7.6 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 4 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 4 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 Product Development Manager in India?

HARMAN	₹15.2 Lakhs to ₹40.0 Lakhs per year
American Express	₹20.0 Lakhs to ₹38.0 Lakhs per year
FIS	₹18.1 Lakhs to ₹35.8 Lakhs per year
State Bank of India	₹22.0 Lakhs to ₹27.0 Lakhs per year
Kotak Mahindra Bank	₹15.0 Lakhs to ₹25.5 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.

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

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

Experience	Average Salary Range
4 years	₹3.4 Lakhs to ₹15.1 Lakhs per year
5 years	₹7.6 Lakhs to ₹18.2 Lakhs per year
6 years	₹7.6 Lakhs to ₹21.2 Lakhs per year
7 years	₹12.1 Lakhs to ₹15.5 Lakhs per year

and so on.

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HDFC Bank Product Development Manager Salaries

HDFC Bank Product Development Manager salary in India ranges between ₹7.6 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Bank latest salaries received from various employees of HDFC Bank.