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HDFC Bank Retail Sales Manager salaries in Mumbai

Annual salary range
0 - 6 years exp.
₹9.4 Lakhs - ₹11.3 Lakhs
Salary of majority employees
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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

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HDFC Bank Retail Sales Manager Salary

0 - 6 years exp. (5 salaries)

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₹9.4 L/yr - ₹11.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Bharat Petroleum Retail Sales Manager Salary

8 - 11 years exp. (7 salaries)

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₹20 L/yr - ₹42 L/yr

arrow icon 207% more
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CARS24 Retail Sales Manager Salary

4 - 10 years exp. (4 salaries)

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₹3.9 L/yr - ₹6 L/yr

arrow icon 51% less
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DineOut Retail Sales Manager Salary

0 - 5 years exp. (4 salaries)

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₹6 L/yr - ₹7 L/yr

arrow icon 40% less
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₹9.3 L/yr - ₹12 L/yr

arrow icon 4% more
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Yaantra Retail Sales Manager Salary

4 - 6 years exp. (4 salaries)

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₹5 L/yr - ₹7.2 L/yr

arrow icon 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.

Latest annual salaries shared by HDFC Bank Retail Sales Manager in Mumbai

1y ago
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6 years exp.
1y ago
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5 years exp.

Experience wise HDFC Bank Retail Sales Manager salaries in Mumbai

Last Updated: 5 Sep 2023

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
1 year (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
2 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
3 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
4 years (AmbitionBox Estimate)

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₹9.3 L/yr - ₹11.9 L/yr
View all
HDFC Bank Retail Sales Manager Salary and Career Growth

From

To

Retail Sales Manager

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0 - 11 years exp.

Zonal Manager

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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.

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10 L/yr
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₹2.4 L/yr - ₹13 L/yr
Sales Manager Salary
(563 salaries)
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₹3.5 L/yr - ₹13 L/yr
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₹9 L/yr - ₹24.25 L/yr
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₹1.7 L/yr - ₹5 L/yr
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₹5.3 L/yr - ₹12 L/yr

Salary related reviews for HDFC Bank

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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Salary - Bad
  • +6 more

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.

read more
  • Salary - Poor
  • +1 more

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.

read more
  • 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.

read more
  • Salary - Poor
  • +1 more

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

read more
  • Salary - Excellent
  • +6 more

Dislikes

SALARY ISSUE

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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.

Tell us how to improve this page.

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