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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 VRM salaries in India

Annual salary range
0 - 6 years exp.
₹2.1 Lakhs - ₹7 Lakhs
Salary of majority employees
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11% more than the average VRM Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
VRM Salary
1 - 6 years exp. (14 salaries)
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₹2.5 L/yr - ₹7 L/yr

BFSI, Investments & Trading
VRM Salary
1 - 6 years exp. (8 salaries)
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₹3 L/yr - ₹5.8 L/yr

Finance & Accounting
VRM Salary
0 - 3 years exp. (7 salaries)
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₹2.1 L/yr - ₹4.5 L/yr

Marketing & Communication
VRM Salary
2 - 4 years exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.7 L/yr

Sales & Business Development
VRM Salary
5 years exp. (AmbitionBox Estimate)
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₹3 L/yr - ₹5.2 L/yr

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Last Updated: 12 Dec 2024

Companies similar to HDFC Bank for VRM

Company name Avg Annual Salary Open Jobs
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Axis Bank VRM Salary

0 - 8 years exp. (24 salaries)

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₹1.6 L/yr - ₹5.3 L/yr

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Kotak Mahindra Bank VRM Salary

0 - 3 years exp. (25 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 13% less
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IDFC FIRST Bank VRM Salary

0 - 12 years exp. (11 salaries)

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₹4.5 L/yr - ₹8.3 L/yr

arrow icon 61% more
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Yes Bank VRM Salary

0 - 3 years exp. (24 salaries)

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₹1.7 L/yr - ₹3.5 L/yr

arrow icon 39% less
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RBL Bank VRM Salary

1 - 6 years exp. (5 salaries)

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₹2.3 L/yr - ₹3.5 L/yr

arrow icon 24% less
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IndusInd Bank VRM Salary

1 - 6 years exp. (10 salaries)

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₹2 L/yr - ₹5 L/yr

arrow icon 13% less
VRM salary at HDFC Bank ranges between ₹2.1 Lakhs to ₹7 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 47 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank VRM

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Experience wise HDFC Bank VRM salaries

Last Updated: 12 Dec 2024

Experience Avg Annual Salary
Fresher  (6 salaries)

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₹2.1 L/yr - ₹3.3 L/yr
1 year  (4 salaries)

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₹2.6 L/yr - ₹3.8 L/yr
2 years  (10 salaries)

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₹2.5 L/yr - ₹5.2 L/yr
3 years  (7 salaries)

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₹3.6 L/yr - ₹5.2 L/yr
4 years  (9 salaries)

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₹3.2 L/yr - ₹6.2 L/yr
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Salary related reviews for HDFC Bank

3.1

Rated by 11 employees for salary & benefits

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 28 Oct 2023

3.0
 for  Salary and Benefits

Likes

time to time salary

Dislikes

they will make you work like mad dog but when they have to gave you incentives they will change incentives structure in every three month and after providing you incentive they ask you money back saying its wrong calculations we send you money by mistake even they after 1 quarter of incetive they provided in last quarter of calendee year still they miss calculated? and after releasing money they concal with higher authority and trained employees to do some chatu giri of channel head thank u for incentive 😂😂worst organization i have ever work with worst channel is hdfc bank mumbai midc andheri akruti business port

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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.

read 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.

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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

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

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Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 28 Nov 2024

2.0
 for  Salary and Benefits

Likes

No skill development for employees in HDFC and there is no Good Culture at HDFC - No value and vishion for the employee here - Only the name - nothing is there inside

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Dislikes

culture and pay structure , dis-respect to the colleagues .

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 13 Nov 2024

3.0
 for  Salary and Benefits

Likes

Working Hours (9:30 to 5:30 some time 9:30 to 7:30(occasionally) Work Pressure is very low in debt recovery or collections department if, you compare the same with other companies. Job security

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Dislikes

Salary increment (3 rating 4%, 2 rating 5 to 6%, 1 rating 7% to 9 % approximately) Bonus structure

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HDFC Bank VRM Salary FAQs

What is the salary of VRM at HDFC Bank?
VRM salary at HDFC Bank in India ranges between ₹2.1 Lakhs to ₹7.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 11% more than the average VRM Salary in India. Salary estimates are based on 47 latest salaries received from various employees of HDFC Bank India.
How does the salary of a VRM at HDFC Bank India compare with the average salary range for this job?
The average salary of a VRM at HDFC Bank is 11% more than the average salary of a VRM in India. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Bank to a VRM in India?
  • IDFC FIRST Bank VRM Salary - ₹4.5 Lakhs to ₹8.3 Lakhs per year
What is the salary of a VRM in companies similar to HDFC Bank in India?
  • Axis Bank VRM Salary - ₹1.6 Lakhs to ₹5.3 Lakhs per year
  • IndusInd Bank VRM Salary - ₹2.0 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindra Bank VRM Salary - ₹2.5 Lakhs to ₹4.0 Lakhs per year
  • RBL Bank VRM Salary - ₹2.3 Lakhs to ₹3.5 Lakhs per year
  • Yes Bank VRM Salary - ₹1.7 Lakhs to ₹3.5 Lakhs per year
What is the estimated take home salary of a VRM at HDFC Bank in India?
The estimated take-home salary of a VRM at HDFC Bank ranges between ₹28,598 per month to ₹29,984 per month in India. The take-home salary calculation is based on the average HDFC Bank VRM salary in India which ranges between ₹2.1 Lakhs to ₹7.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?
What is the notice period for VRM at HDFC Bank?
According to AmbitionBox, 38% of the HDFC Bank VRMs reported a notice period of 1 Month, 31% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 42 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank VRM salary in India ranges between ₹2.1 Lakhs to ₹7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 47 HDFC Bank latest salaries received from various employees of HDFC Bank.