Upload Button Icon Add office photos
Engaged Employer

i

This company page is being actively managed by HDFC Bank Team. If you also belong to the team, you can get access from here

HDFC Bank Verified Tick

Compare button icon Compare button icon Compare
3.9

based on 38.7k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

zig zag pattern zig zag pattern
filter salariesFilter salaries by

HDFC Bank VRM salaries in Mumbai

Annual salary range
4 - 6 years exp.
₹3.2 Lakhs - ₹5.8 Lakhs
Salary of majority employees
unlock blur
unlock blur

18% more than the average VRM Salary in Banking Companies for 4 - 6 years of experience

Interested in this particular role?

Last Updated: 25 Jan 2024

Companies similar to HDFC Bank for VRM in Mumbai

Logo
HDFC Bank VRM Salary

4 - 6 years exp. (4 salaries)

unlock blur

₹3.2 L/yr - ₹5.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
Logo
Axis Bank VRM Salary

3 - 8 years exp. (4 salaries)

unlock blur

₹3.2 L/yr - ₹3.5 L/yr

arrow icon 20% less
Logo
Kotak Mahindra Bank VRM Salary

0 - 4 years exp. (8 salaries)

unlock blur

₹3.1 L/yr - ₹3.5 L/yr

arrow icon 23% less
Logo
IDFC FIRST Bank VRM Salary

0 - 12 years exp. (8 salaries)

unlock blur

₹4.7 L/yr - ₹7.3 L/yr

arrow icon 45% more
Logo
Yes Bank VRM Salary

0 - 3 years exp. (8 salaries)

unlock blur

₹2 L/yr - ₹3.1 L/yr

arrow icon 43% less
Logo
IndusInd Bank VRM Salary

3 - 5 years exp. (3 salaries)

unlock blur

₹3.2 L/yr - ₹5 L/yr

arrow icon 23% less
VRM salary at HDFC Bank ranges between ₹3.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank VRM in Mumbai

1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
6 years exp.
1y ago
avg blur mobile
4 years exp.
1y ago
avg blur mobile
5 years exp.

Experience wise HDFC Bank VRM salaries in Mumbai

Last Updated: 25 Jan 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

unlock blur

₹3.2 L/yr - ₹5.8 L/yr
5 years (AmbitionBox Estimate)

unlock blur

₹4 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)

unlock blur

₹2 L/yr - ₹5.8 L/yr

Salary related reviews for HDFC Bank

1.7

Rated by 3 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

  • Skill development - Good
  • +1 more

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

read more
  • Promotions - Poor

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 12 Jan 2025

3.0
 for  Salary and Benefits

Likes

Salary on time.

  • Work-life balance - Good

Dislikes

Good but,very High pressure for operation staff for sales work with,sales target of casa,fd, insurance,sip, other, In this organization there is nothing in operation work in retail branch banking. If sales pressure trun off from service satff then no job is better of it.

read more
  • Promotions - Poor
  • +1 more

Full Time

 · 

Sales & Business Development Department

5.0
  •  posted on 04 Jan 2025

4.0
 for  Salary and Benefits

Likes

strong brand reputation, good learning and development opportunities, a supportive work culture with helpful colleagues, competitive salary and incentives, and the potential for career growth within the organization

read more
  • Salary - Good
  • +6 more

Dislikes

Some challenges include high work pressure,

Full Time

 · 

IT & Information Security Department

3.0
  •  posted on 25 Dec 2024

4.0
 for  Salary and Benefits

Likes

1: They gives good bonus and that's the only good part of organisation. 2: If you are at higher position then loan benefits is best perk like home loan at 2.5%

read more
  • Salary - Good
  • +1 more

Dislikes

1: Favouritism is the worst part 2: HR is like they didn't exist they rarely hear you 3: Management trying to do worst from their end 4: Just like other old organisation they only care about new joinee

read more
  • Skill development - Poor
  • +2 more

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
  • Skill development - Good
  • +1 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.

read more
  • Promotions - Poor
  • +3 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

HDFC Bank VRM Salary FAQs

What is the salary of VRM at HDFC Bank Mumbai?
VRM salary at HDFC Bank in Mumbai ranges between ₹3.2 Lakhs to ₹5.8 Lakhs for experience between 4 years to 6 years. According to our estimates it is 18% more than the average VRM Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a VRM at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a VRM at HDFC Bank is 18% more than the average salary of a VRM in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than HDFC Bank to a VRM in Mumbai?
  • IDFC FIRST Bank VRM Salary - ₹4.7 Lakhs to ₹7.3 Lakhs per year
What is the salary of a VRM in companies similar to HDFC Bank in Mumbai?
  • Axis Bank VRM Salary - ₹3.2 Lakhs to ₹3.5 Lakhs per year
  • IndusInd Bank VRM Salary - ₹3.2 Lakhs to ₹5.0 Lakhs per year
  • Kotak Mahindra Bank VRM Salary - ₹3.1 Lakhs to ₹3.5 Lakhs per year
  • Yes Bank VRM Salary - ₹2.0 Lakhs to ₹3.1 Lakhs per year
What is the estimated take home salary of a VRM at HDFC Bank in Mumbai?
The estimated take-home salary of a VRM at HDFC Bank ranges between ₹32,125 per month to ₹33,407 per month in Mumbai. The take-home salary calculation is based on the average HDFC Bank VRM salary in India which ranges between ₹3.2 Lakhs to ₹5.8 Lakhs per year for employees with experience between 4 years to 6 years. Check how did we calculate take home salary?
What is the notice period for VRM at HDFC Bank in Mumbai?
According to AmbitionBox, 100% of the HDFC Bank VRMs in Mumbai reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank VRM salary in Mumbai ranges between ₹3.2 Lakhs to ₹5.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HDFC Bank latest salaries received from various employees of HDFC Bank.