HDFC Securities Mumbai Branch Manager Salaries by 30+ Employees (Updated 2025)

4 - 18 years exp.

₹5 Lakhs - ₹13.1 Lakhs

Avg. annual salary

Monthly In-hand Salary

15% less than the average Branch Manager Salary for 4 - 18 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 4 - 18 years exp. (19 salaries)	₹5 L/yr - ₹13.1 L/yr
Finance & Accounting Branch Manager Salary 8 - 18 years exp. (5 salaries)	₹7.8 L/yr - ₹9.5 L/yr
Login to view exact salary
Sales & Business Development Branch Manager Salary 12 - 15 years exp. (4 salaries)	₹7 L/yr - ₹9.5 L/yr
Customer Success, Service & Operations Branch Manager Salary 7 - 14 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹10.1 L/yr

Last Updated: 26 Feb 2025

Companies similar to HDFC Securities for Branch Manager in Mumbai

HDFC Securities Branch Manager Salary

4 - 18 years exp. (35 salaries)

₹5 L/yr - ₹13.1 L/yr

Company name	Avg Annual Salary	Open Jobs
LG Electronics Branch Manager Salary 15 - 23 years exp. (9 salaries)	₹25 L/yr - ₹44 L/yr 239% more
Mahindra Logistics Branch Manager Salary 4 - 12 years exp. (3 salaries)	₹4.8 L/yr - ₹5.3 L/yr 43% less
Login to view exact salary
ICICI Bank Branch Manager Salary 4 - 20 years exp. (227 salaries)	₹6 L/yr - ₹25 L/yr 52% more
Kotak Mahindra Bank Branch Manager Salary 8 - 20 years exp. (142 salaries)	₹10 L/yr - ₹30 L/yr 110% more	1 job opening
Yes Bank Branch Manager Salary 7 - 19 years exp. (84 salaries)	₹8.3 L/yr - ₹26 L/yr 76% more	3 job openings

Branch Manager salary at HDFC Securities ranges between ₹5 Lakhs to ₹13.1 Lakhs per year for employees with experience between 4 years to 18 years. Salary estimates are based on 35 latest salaries received from various employees of HDFC Securities.

Latest annual salaries shared by HDFC Securities Branch Manager in Mumbai

1mo ago

₹5.5 Lakhs

7 years exp.

1mo ago

₹9.5 Lakhs

18 years exp.

5mo ago

₹6.3 Lakhs

4 years exp.

8mo ago

₹13.1 Lakhs

17 years exp.

8mo ago

₹5 Lakhs

4 years exp.

9mo ago

5 years exp.

9mo ago

7 years exp.

1y ago

9 years exp.

1y ago

14 years exp.

1y ago

12 years exp.

Experience wise HDFC Securities Branch Manager salaries in Mumbai

Last Updated: 26 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹7.3 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
Login to view exact salary
6 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.6 L/yr
7 years (3 salaries)	₹5.5 L/yr - ₹15.3 L/yr
8 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹9.9 L/yr
9 years (AmbitionBox Estimate)	₹7.9 L/yr - ₹10.1 L/yr
10 years (6 salaries)	₹6.1 L/yr - ₹16 L/yr
11 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹10.4 L/yr
12 years (3 salaries)	₹9 L/yr - ₹11.5 L/yr
13 years (5 salaries)	₹6.6 L/yr - ₹11.6 L/yr
14 years (3 salaries)	₹8.5 L/yr - ₹11.5 L/yr
15+ years (8 salaries)	₹7 L/yr - ₹13.1 L/yr

View all

Similar Designation salaries in HDFC Securities

Deputy Manager Salary

(96 salaries)

₹3.6 L/yr - ₹10.18 L/yr

Branch Head Salary

(6 salaries)

₹11 L/yr - ₹14.04 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

3.2

Rated by 9 employees for salary & benefits

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about HDFC Securities?

Ask anonymously on communities.

HDFC Securities Branch Manager Salary FAQs

What is the salary of Branch Manager at HDFC Securities in Mumbai?

The average salary of a Branch Manager at HDFC Securities in Mumbai typically ranges from ₹5.0 Lakhs to ₹13.1 Lakhs per year, depending on experience (from 4 years to 18 years).

The top 10% of Branch Manager in Mumbai at HDFC Securities earn more than ₹11.5 Lakhs per year, and the top 1% earn over ₹13.1 Lakhs per year. Branch Manager Salaries at HDFC Securities 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 30+ HDFC Securities employees in India.

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

The estimated take-home salary of a Branch Manager at HDFC Securities in Mumbai typically ranges from ₹66,370 to ₹68,067 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹13.1 Lakhs per year for employees with experience ranging from 4 years to 18 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 30+ salaries received from various employees of HDFC Securities. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Branch Manager at HDFC Securities in Mumbai?

To be a Branch Manager at HDFC Securities in Mumbai, the key skills required include:

- Team Handling
- Branch Management
- NISM
- TPP
- Equity

These skills are highly valued at HDFC Securities and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than HDFC Securities for Branch Manager in India?

LG Electronics	₹25.0 Lakhs to ₹44.0 Lakhs per year
Kotak Mahindra Bank	₹10.0 Lakhs to ₹30.0 Lakhs per year
Yes Bank	₹8.3 Lakhs to ₹26.0 Lakhs per year
ICICI Bank	₹6.0 Lakhs to ₹25.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Securities, depending on the role and experience level.

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

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

Mahindra Logistics

₹4.8 Lakhs to ₹5.3 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 Branch Manager at HDFC Securities in Mumbai?

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

Experience	Average Salary Range
4 years	₹7.3 Lakhs to ₹9.3 Lakhs per year
5 years	₹7.4 Lakhs to ₹9.5 Lakhs per year
6 years	₹7.5 Lakhs to ₹9.6 Lakhs per year
7 years	₹5.5 Lakhs to ₹15.3 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
HDFC Securities Salaries >
HDFC Securities Branch Manager Salaries >
HDFC Securities Branch Manager Salaries in Mumbai

HDFC Securities Branch Manager salary in Mumbai ranges between ₹5 Lakhs to ₹13.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 35 HDFC Securities latest salaries received from various employees of HDFC Securities.