HDFC Bank Mumbai Retail Sales Manager Salaries by 5 Employees

0 - 6 years exp.

₹9.4 Lakhs - ₹11.3 Lakhs

Salary of majority employees

11% less than the average Retail Sales Manager Salary in Banking Companies for 0 - 6 years of experience

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Last Updated: 5 Sep 2023

Companies similar to HDFC Bank for Retail Sales Manager in Mumbai

HDFC Bank Retail Sales Manager Salary

0 - 6 years exp. (5 salaries)

₹9.4 L/yr - ₹11.3 L/yr

Company name	Avg Annual Salary	Open Jobs
Bharat Petroleum Retail Sales Manager Salary 8 - 11 years exp. (7 salaries)	₹20 L/yr - ₹42 L/yr 207% more
CARS24 Retail Sales Manager Salary 4 - 10 years exp. (4 salaries)	₹3.9 L/yr - ₹6 L/yr 51% less
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DineOut Retail Sales Manager Salary 0 - 5 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 40% less
Castlerock Fisheries Retail Sales Manager Salary 15 - 25 years exp. (4 salaries)	₹9.3 L/yr - ₹12 L/yr 4% more
Yaantra Retail Sales Manager Salary 4 - 6 years exp. (4 salaries)	₹5 L/yr - ₹7.2 L/yr 41% less

Retail Sales Manager salary at HDFC Bank ranges between ₹9.4 Lakhs to ₹11.3 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 5 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Retail Sales Manager salaries in Mumbai

Last Updated: 5 Sep 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
1 year (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
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2 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
3 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
4 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
5 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
6 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr

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From

Retail Sales Manager

0 - 11 years exp.

Zonal Manager

13 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for HDFC Bank

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

Relationship Officer in Gangtok

Full Time

Finance & Accounting Department

1.0

• posted on 16 Feb 2025

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...working in this company for last 6 years but I have never seen any growth on it. Not in my position nor in my salary . So that I m looking another job. Some time I also fill like that why had I spend my 6 year because here is no any Skill development.

Salary - Bad

+6 more

Deputy Manager in Guwahati (working remotely)

Full Time

Sales & Business Development Department

3.0

• posted on 09 Feb 2025

2.0

for Salary and Benefits

Likes

1.Good brand value in market. 2.Variety of products.

Skill development - Good

+1 more

Dislikes

1. They demands multiple products to sell at same time. 2. Senior managers are taking very high salary with less productive and ideas and they just do 2-3 hrs concall with staffs every day. 3. Unwanted pressure on so many things.

Salary - Poor

+1 more

Sales Manager in Aurangabad

Full Time

Sales & Business Development Department

4.0

• posted on 06 Feb 2025

2.0

for Salary and Benefits

Likes

Product, customer trust on bank and it's help you to work in bank , office collogue help for you work time , internal job switch option available and job security only on your performance.

Job security - Good

+1 more

Dislikes

As per work not provide the salary and time to time change the product and sales targets , with out intimation and taken consent the role and work , promotion not depends on you it's totally depends on the supervisor and higher supervisor if they want to give you pramotion for not.

Salary - Poor

+1 more

Sales Executive in Jabalpur (working remotely)

Full Time

Finance & Accounting Department

5.0

• posted on 06 Feb 2025

5.0

for Salary and Benefits

Likes

strong brand reputation, dynamic work environment, excellent learning and development opportunities, supportive culture, focus on customer service, good career growth prospects, competitive compensation, and the ability to develop strong sales and financial management skills

Salary - Excellent

+6 more

Dislikes

SALARY ISSUE

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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 Retail Sales Manager Salary FAQs

What is the salary of Retail Sales Manager at HDFC Bank in Mumbai?

The average salary of a Retail Sales Manager at HDFC Bank in Mumbai typically ranges from ₹9.4 Lakhs to ₹11.3 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Retail Sales Manager in Mumbai at HDFC Bank earn more than ₹11.3 Lakhs per year, and the top 1% earn over ₹11.3 Lakhs per year. Retail Sales 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 Retail Sales Manager at HDFC Bank in Mumbai?

The estimated take-home salary of a Retail Sales Manager at HDFC Bank in Mumbai typically ranges from ₹74,762 to ₹76,696 per month. This is based on the average salary range of ₹9.4 Lakhs to ₹11.3 Lakhs per year for employees with experience ranging from Fresher to 6 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 Retail Sales Manager in India?

Bharat Petroleum	₹20.0 Lakhs to ₹42.0 Lakhs per year
Castlerock Fisheries	₹9.3 Lakhs to ₹12.0 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 Retail Sales Manager in companies similar to HDFC Bank in Mumbai?

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

DineOut	₹6.0 Lakhs to ₹7.0 Lakhs per year
Yaantra	₹5.0 Lakhs to ₹7.2 Lakhs per year
CARS24	₹3.9 Lakhs to ₹6.0 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 Retail Sales Manager at HDFC Bank in Mumbai?

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

Experience	Average Salary Range
Fresher	₹9.3 Lakhs to ₹11.9 Lakhs per year
1 year	₹9.3 Lakhs to ₹11.9 Lakhs per year
2 years	₹9.3 Lakhs to ₹11.9 Lakhs per year
3 years	₹9.3 Lakhs to ₹11.9 Lakhs per year

and so on.

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HDFC Bank Retail Sales Manager Salaries in Mumbai

HDFC Bank Retail Sales Manager salary in Mumbai ranges between ₹9.4 Lakhs to ₹11.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HDFC Bank latest salaries received from various employees of HDFC Bank.