HDFC Securities Indore Branch Manager Salaries by 4 Employees

6 - 16 years exp.

₹6.2 Lakhs - ₹12 Lakhs

Salary of majority employees

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21% less than the average Branch Manager Salary for 6 - 16 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Sales & Business Development Branch Manager Salary 6 - 8 years exp. (3 salaries)	Unlock ₹6.2 L/yr - ₹7.5 L/yr
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BFSI, Investments & Trading Branch Manager Salary 16 years exp. (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹12 L/yr

Last Updated: 7 Jul 2024

Companies similar to HDFC Securities for Branch Manager in Indore

HDFC Securities Branch Manager Salary

6 - 16 years exp. (4 salaries)

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₹6.2 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Securities Branch Manager Salary 5 - 6 years exp. (3 salaries)	Unlock ₹6.5 L/yr - ₹8 L/yr 11% less
Reliance Securities Branch Manager Salary 10 - 15 years exp. (3 salaries)	Unlock ₹5 L/yr - ₹6 L/yr 34% less
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IndusInd Bank Branch Manager Salary 6 - 20 years exp. (65 salaries)	Unlock ₹5 L/yr - ₹18 L/yr 51% more	16 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 18 years exp. (52 salaries)	Unlock ₹5.6 L/yr - ₹21.5 L/yr 59% more	5 job openings
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (33 salaries)	Unlock ₹8.8 L/yr - ₹20 L/yr 93% more	1 job opening

Branch Manager salary at HDFC Securities ranges between ₹6.2 Lakhs to ₹12 Lakhs per year for employees with experience between 6 years to 16 years. Salary estimates are based on 4 latest salaries received from various employees of HDFC Securities.

Experience wise HDFC Securities Branch Manager salaries in Indore

Last Updated: 7 Jul 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	Unlock ₹6.2 L/yr - ₹13.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹6.9 L/yr - ₹8.8 L/yr
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8 years (AmbitionBox Estimate)	Unlock ₹6.6 L/yr - ₹14 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹7.1 L/yr - ₹9.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹7.2 L/yr - ₹9.2 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹7.3 L/yr - ₹9.4 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹7.4 L/yr - ₹9.5 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹7.6 L/yr - ₹9.7 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹7.7 L/yr - ₹9.8 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹3.5 L/yr - ₹12 L/yr

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Similar Designation salaries in HDFC Securities

Deputy Manager Salary

(4 salaries)

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₹5 L/yr - ₹8.5 L/yr

Top skills at HDFC Securities for Branch Manager

Team Handling Branch Management NISM TPP Equity Revenue Generation stock broking Branch Handling Stock Market broking Trading Capital Market Third Party Products Mutual Funds Team Management

Salary related reviews for HDFC Securities

Branch Manager in Mumbai

BFSI, Investments & Trading Department

3.0

• posted on 07 Aug 2022

1.0

for Salary and Benefits

Likes

With hdfc group goodwill it is very easy to connect with client for offering

Dislikes

Low salary, not motivation, corporate politics, favoritism, only vision of immediate boss is taken to make view on employees...

Salary - Bad

+4 more

Relationship Manager in Panipat

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 28 May 2023

1.0

for Salary and Benefits

Likes

Only job security if you have the potential to manage work load.

Dislikes

No fix job timings No salary hike Company only wants revenue No working culture They only wants revenue generated machine in the face of employee.

Salary - Bad

+5 more

Relationship Manager in Shillong

Full Time

Stock Market Department

2.0

• posted on 22 Apr 2023

4.0

for Salary and Benefits

Likes

Great brand! The only other thing I liked about working here is the salary being credited on time.

Salary - Good

Dislikes

Oh dear, downsides are uncountable. The work pressure is over the top. The salary being credited is totally unjustified to the nature of the work being done. Constant pressurizing leaves one unmotivated to the core and only to feel like leaving the organization altogether. Rubbing salt into the wound, where I work the 'politics' and 'favoritism' is unbearable - toxic working environment. On top of that, lack of appreciation for target accomplishment and frequent stealing of individual performance credit. I don't mean to be too harsh, but I'm simply describing the exact ground reality. Sugar coating is just not my cup of tea. Leaving everything aside, I would personally, never work here again (nor will recommend), even if I were to be requested or even bribed - just not worth putting your mental health in a jeopardy. The brand is GREAT without a shadow of doubt, but the management is, unfortunately, absolutely abysmal.

Skill development - Bad

+5 more

Senior Relationship Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 19 Aug 2023

1.0

for Salary and Benefits

Likes

...e Agent They Ask Only Life Business... Coming To the according To Offer Letter Will Not Get take home salary... Don't Spoil ur Life

Dislikes

Company Name Hdfc Security Its Realate Mkts They Ask Life Insurance Business

Salary - Bad

+6 more

Relationship Manager in Mumbai

Finance & Accounting Department

1.0

• posted on 08 Jun 2022

1.0

for Salary and Benefits

Likes

Worst culture, pathetic experience, no work life balance, Not sure whether it is broking company or insurance company, each and every fresh day you will start selling insurance to clients, If you want experience in Insurance industries Please join or else stay away from this job

Dislikes

Job timing, compensation, No work life balance, Job role, Insurance selling,

Salary - Bad

+6 more

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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HDFC Securities Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Securities Indore?

Branch Manager salary at HDFC Securities in Indore ranges between ₹6.2 Lakhs to ₹12.0 Lakhs for experience between 6 years to 16 years. According to our estimates it is 21% less than the average Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HDFC Securities Indore.

How does the salary of a Branch Manager at HDFC Securities Indore compare with the average salary range for this job?

The average salary of a Branch Manager at HDFC Securities is 21% less than the average salary of a Branch Manager in Indore. To know exact salary insights, login to view.

What are the top skills required to work as a Branch Manager at HDFC Securities?

Team Handling, Branch Management, NISM, TPP and Equity are some of the popular skills required to work as a Branch Manager at HDFC Securities Indore.

Which similar companies are paying more than HDFC Securities to a Branch Manager in Indore?

Kotak Mahindra Bank Branch Manager Salary - ₹8.8 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹5.6 Lakhs to ₹21.5 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹5.0 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Branch Manager in companies similar to HDFC Securities in Indore?

ICICI Securities Branch Manager Salary - ₹6.5 Lakhs to ₹8.0 Lakhs per year
Reliance Securities Branch Manager Salary - ₹5.0 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Branch Manager at HDFC Securities in Indore?

The estimated take-home salary of a Branch Manager at HDFC Securities ranges between ₹59,972 per month to ₹61,488 per month in Indore. The take-home salary calculation is based on the average HDFC Securities Branch Manager salary in India which ranges between ₹6.2 Lakhs to ₹12.0 Lakhs per year for employees with experience between 6 years to 16 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at HDFC Securities in Indore?

According to AmbitionBox, 67% of the HDFC Securities Branch Managers in Indore reported a notice period of 2 Months, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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HDFC Securities Branch Manager Salaries in Indore

HDFC Securities Branch Manager salary in Indore ranges between ₹6.2 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HDFC Securities latest salaries received from various employees of HDFC Securities.