HDFC Bank Mumbai Senior Associate Salaries by 9 Employees (Updated 2025)

2 - 8 years exp.

₹2.2 Lakhs - ₹10.7 Lakhs

Salary of majority employees

44% less than the average Senior Associate Salary in Banking Companies for 2 - 8 years of experience

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Salaries in different departments

Finance & Accounting Senior Associate Salary 2 - 6 years exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹5.8 L/yr
Customer Success, Service & Operations Senior Associate Salary 3 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹8 L/yr
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Sales & Business Development Senior Associate Salary 6 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹8.2 L/yr

Last Updated: 7 Mar 2025

Companies similar to HDFC Bank for Senior Associate in Mumbai

HDFC Bank Senior Associate Salary

2 - 8 years exp. (9 salaries)

₹2.2 L/yr - ₹10.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Associate Salary 0 - 7 years exp. (124 salaries)	₹1.5 L/yr - ₹3.8 L/yr 59% less
IDFC FIRST Bank Senior Associate Salary 2 - 8 years exp. (37 salaries)	₹2 L/yr - ₹6.3 L/yr 29% less
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Kotak Mahindra Bank Senior Associate Salary 1 - 6 years exp. (25 salaries)	₹1.5 L/yr - ₹3.9 L/yr 51% less
City Union Bank Senior Associate Salary 0 - 9 years exp. (23 salaries)	₹3.3 L/yr - ₹6.4 L/yr 15% less
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹7 L/yr 30% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹12 L/yr 25% more
HSBC Global Banking and Markets Senior Associate Salary 3 - 9 years exp. (5 salaries)	₹7.2 L/yr - ₹20 L/yr 101% more
Axis Bank Senior Associate Salary 2 - 7 years exp. (4 salaries)	₹1.9 L/yr - ₹4.9 L/yr 44% less
Chase Bank Senior Associate Salary 9 - 11 years exp. (3 salaries)	₹18.5 L/yr - ₹21.5 L/yr 218% more

Senior Associate salary at HDFC Bank ranges between ₹2.2 Lakhs to ₹10.7 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of HDFC Bank.

Experience wise HDFC Bank Senior Associate salaries in Mumbai

Last Updated: 7 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹7.7 L/yr
3 years (AmbitionBox Estimate)	₹3 L/yr - ₹8.5 L/yr
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4 years (AmbitionBox Estimate)	₹4 L/yr - ₹9 L/yr
5 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹10 L/yr
6 years (3 salaries)	₹4.5 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.6 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹12.7 L/yr

View all

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Technical Lead Salary

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Senior Consultant Salary

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Senior Engineer Salary

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Technology Analyst Salary

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₹9 L/yr - ₹15.57 L/yr

Salary related reviews for HDFC Bank

3.5

Rated by 3 employees for salary & benefits

Senior Software Engineer in Bangalore / Bengaluru

Contractual

Engineering - Software & QA Department

1.0

• posted on 29 Aug 2024

1.0

for Salary and Benefits

Likes

Good tech stack Deep domain knowledge

Dislikes

Contract permanent employee partiality Non rational thinking managers Vendors should work like donkeys while permanent staff is chilling Most permanent staff are not good at their work Top management never hear about vendor employee concerns Many permanent staff is being paid hell of salary for no reason. HDFC should seriously consider vendors contribution at work and should do less pampering for permanent employees. Many managers have no idea what is happening in the project

Salary - Bad

+6 more

Team Lead in Chandigarh

Two wheeler finance Department

1.0

• posted on 09 Apr 2018

1.0

for Salary and Benefits

Likes

Nothing

Dislikes

...and six month as a team leader but for them employees are not worth in any mean. They refused to give salary certificate and that's why I joined some other bank and there I get minimum package coz I don't have any salary details. I've got very bad experience here and am not going to suggest any one to work with hdfc under quantum. And our RSM Mr. Subhrandu medda he is hippocrit and culprit he hired females in good package even they don't have any knowledge. I really hate that guy.

Salary - Bad

+6 more

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

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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 Senior Associate Salary FAQs

What is the salary of Senior Associate at HDFC Bank in Mumbai?

The average salary of a Senior Associate at HDFC Bank in Mumbai typically ranges from ₹2.2 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of Senior Associate in Mumbai at HDFC Bank earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹15.0 Lakhs per year. Senior Associate 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 9 HDFC Bank employees in India.

What is the estimated take home salary of a Senior Associate at HDFC Bank in Mumbai?

The estimated take-home salary of a Senior Associate at HDFC Bank in Mumbai typically ranges from ₹44,620 to ₹45,716 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from 2 years to 8 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 9 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 Senior Associate in India?

Chase Bank	₹18.5 Lakhs to ₹21.5 Lakhs per year
HSBC Global Banking and Markets	₹7.2 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank	₹2.5 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 Senior Associate in companies similar to HDFC Bank in Mumbai?

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

City Union Bank	₹3.3 Lakhs to ₹6.4 Lakhs per year
IDFC FIRST Bank	₹2.0 Lakhs to ₹6.3 Lakhs per year
Yes Bank	₹2.7 Lakhs to ₹7.0 Lakhs per year
Axis Bank	₹1.9 Lakhs to ₹4.9 Lakhs per year
Kotak Mahindra Bank	₹1.5 Lakhs to ₹3.9 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 Senior Associate at HDFC Bank in Mumbai?

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

Experience	Average Salary Range
2 years	₹2.2 Lakhs to ₹7.7 Lakhs per year
3 years	₹3.0 Lakhs to ₹8.5 Lakhs per year
4 years	₹4.0 Lakhs to ₹9.0 Lakhs per year
5 years	₹2.3 Lakhs to ₹10.0 Lakhs per year

and so on.

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HDFC Bank Senior Associate Salaries in Mumbai

HDFC Bank Senior Associate salary in Mumbai ranges between ₹2.2 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 HDFC Bank latest salaries received from various employees of HDFC Bank.