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HDFC Bank

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3.9

based on 37.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank Service Manager salaries in Mumbai

Annual salary range
4 - 11 years exp.
₹4.5 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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24% less than the average Service Manager Salary in Banking Companies for 4 - 11 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Service Manager Salary
7 - 11 years exp. (4 salaries)
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₹4.5 L/yr - ₹8.5 L/yr

BFSI, Investments & Trading
Service Manager Salary
5 - 10 years exp. (3 salaries)
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₹4.5 L/yr - ₹7.5 L/yr

Last Updated: 31 Jul 2024

Companies similar to HDFC Bank for Service Manager in Mumbai

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HDFC Bank Service Manager Salary

4 - 11 years exp. (11 salaries)

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₹4.5 L/yr - ₹8.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Service Manager Salary

2 - 8 years exp. (12 salaries)

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₹3.3 L/yr - ₹7.5 L/yr

arrow icon 11% less
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Axis Bank Service Manager Salary

1 - 10 years exp. (10 salaries)

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₹3.5 L/yr - ₹11.2 L/yr

arrow icon 23% more
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Kotak Mahindra Bank Service Manager Salary

1 - 13 years exp. (52 salaries)

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₹2.6 L/yr - ₹13.3 L/yr

arrow icon 22% more
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Yes Bank Service Manager Salary

1 - 8 years exp. (13 salaries)

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₹3 L/yr - ₹9 L/yr

arrow icon 6% less
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IndusInd Bank Service Manager Salary

2 - 7 years exp. (7 salaries)

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₹3 L/yr - ₹5.5 L/yr

arrow icon 28% less
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IDFC FIRST Bank Service Manager Salary

3 - 14 years exp. (6 salaries)

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₹3.5 L/yr - ₹7 L/yr

arrow icon 15% less
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RBL Bank Service Manager Salary

6 - 11 years exp. (4 salaries)

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₹5.5 L/yr - ₹9.1 L/yr

arrow icon 1% less
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Standard Chartered Service Manager Salary

4 - 14 years exp. (19 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 24% more
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Citibank Service Manager Salary

3 - 17 years exp. (12 salaries)

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₹6.1 L/yr - ₹16.5 L/yr

arrow icon 75% more
Service Manager salary at HDFC Bank ranges between ₹4.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 11 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Service Manager in Mumbai

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8 years exp.
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7 years exp.
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11 years exp.
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5 years exp.
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7 years exp.
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11 years exp.
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Experience wise HDFC Bank Service Manager salaries in Mumbai

Last Updated: 31 Jul 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.6 L/yr
5 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹9.2 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹6.3 L/yr
7 years (AmbitionBox Estimate)

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₹2.3 L/yr - ₹6.9 L/yr
8 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹6.9 L/yr
View all

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(3.6k salaries)
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₹2 L/yr - ₹10.21 L/yr
Sales Manager Salary
(571 salaries)
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₹3 L/yr - ₹12 L/yr
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₹1.8 L/yr - ₹2.4 L/yr
Area Manager Salary
(3 salaries)
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₹11 L/yr - ₹19.5 L/yr

Top skills at HDFC Bank for Service Manager

Govt Liasioning Relationship Management Cross Functional Coordination Customer Handling Customer Service

Salary related reviews for HDFC Bank

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

read more

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 26 Jul 2024

3.0
 for  Salary and Benefits

Likes

Salary is always on time. Brand name in the market makes feel proud of being part of big organization. Good software Technology system is adopted by the this organisation for both customers and employees. Less technological errors/failures are faced.

read more

Dislikes

Extended working hours, Apart from salary, other benefits are very less as compare to other organisations. Incentive structure is very strict and most of the time partial part of earned incentives are kept on hold for the whole year. Sales is so aggressive as it could harm mental well being. Output is given highest priority than the inputs. Seniors always show aggression for sales and same aggression is seen in their actions and reactions. Overall work culture is not helathy to work. Most of the time obusive language and high volume is used by seniors.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 25 Jul 2024

3.0
 for  Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

read more

Full Time

 · 

Sales & Business Development Department

1.0
  •  posted on 06 Jun 2024

1.0
 for  Salary and Benefits

Likes

Salary credited on 25th or before

Dislikes

Worst work culture now, poor increment worst in the industry, appraisal system worst, no promotion, contest money never given, out of kra work, no knowledge of upper management, finishing verticals serially

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 02 May 2024

1.0
 for  Salary and Benefits

Likes

Other than job stability and company value there's no benefits at all

Dislikes

...ng a leave when you are sick also feels like you have committed a serious crime. No hike even after working for almost 10 hrs a day for 4 years. Terrible process and sales pressure. Your mental health goes for a toss working here.

read more
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HDFC Bank Service Manager Salary FAQs

What is the salary of Service Manager at HDFC Bank Mumbai?
Service Manager salary at HDFC Bank in Mumbai ranges between ₹4.5 Lakhs to ₹8.5 Lakhs for experience between 4 years to 11 years. According to our estimates it is 24% less than the average Service Manager Salary in India. Salary estimates are based on 11 latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a Service Manager at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a Service Manager at HDFC Bank is 24% less than the average salary of a Service Manager in Mumbai. To know exact salary insights, login to view.
What are the top skills required to work as a Service Manager at HDFC Bank?
Govt Liasioning, Relationship Management, Cross Functional Coordination, Customer Handling and Customer Service are some of the popular skills required to work as a Service Manager at HDFC Bank Mumbai.
Which similar companies are paying more than HDFC Bank to a Service Manager in Mumbai?
  • Citibank Service Manager Salary - ₹6.1 Lakhs to ₹16.5 Lakhs per year
  • Standard Chartered Service Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
  • Axis Bank Service Manager Salary - ₹3.5 Lakhs to ₹11.2 Lakhs per year
  • Kotak Mahindra Bank Service Manager Salary - ₹2.6 Lakhs to ₹13.3 Lakhs per year
What is the salary of a Service Manager in companies similar to HDFC Bank in Mumbai?
  • RBL Bank Service Manager Salary - ₹5.5 Lakhs to ₹9.1 Lakhs per year
  • Yes Bank Service Manager Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
  • ICICI Bank Service Manager Salary - ₹3.3 Lakhs to ₹7.5 Lakhs per year
  • IDFC FIRST Bank Service Manager Salary - ₹3.5 Lakhs to ₹7.0 Lakhs per year
  • IndusInd Bank Service Manager Salary - ₹3.0 Lakhs to ₹5.5 Lakhs per year
What is the estimated take home salary of a Service Manager at HDFC Bank in Mumbai?
The estimated take-home salary of a Service Manager at HDFC Bank ranges between ₹44,934 per month to ₹46,026 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank Service Manager salary in India which ranges between ₹4.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?
What is the notice period for Service Manager at HDFC Bank in Mumbai?
According to AmbitionBox, 33% of the HDFC Bank Service Managers in Mumbai reported a notice period of 1 Month, 34% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank Service Manager salary in Mumbai ranges between ₹4.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 11 HDFC Bank latest salaries received from various employees of HDFC Bank.