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HDFC Bank Associate Manager salaries in India (Updated 2025)

Annual salary range
0 - 11 years exp.
₹2.5 Lakhs - ₹6 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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Associate Manager Salary at HDFC Bank ranges between ₹2.5 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 11 years. Salary estimates are based on 32 latest salaries... Read more

74% less than the average Associate Manager Salary in Banking Companies for 0 - 11 years of experience

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Last Updated: 28 May 2025

Companies similar to HDFC Bank for Associate Manager

Company name Avg Annual Salary Open Jobs
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IndusInd Bank Associate Manager Salary

0 - 9 years exp. (1.2k salaries)

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₹1.9 L/yr - ₹7 L/yr

arrow icon 1% less
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IDFC FIRST Bank Associate Manager Salary

0 - 7 years exp. (321 salaries)

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₹2.4 L/yr - ₹6.5 L/yr

arrow icon 5% less
4 job openings
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Kotak Mahindra Bank Associate Manager Salary

1 - 8 years exp. (80 salaries)

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₹1.6 L/yr - ₹7 L/yr

arrow icon 17% less
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ICICI Bank Associate Manager Salary

0 - 7 years exp. (44 salaries)

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₹2.2 L/yr - ₹7.8 L/yr

At par
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Axis Bank Associate Manager Salary

1 - 6 years exp. (19 salaries)

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₹2.5 L/yr - ₹5.1 L/yr

arrow icon 3% less
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Yes Bank Associate Manager Salary

2 - 9 years exp. (18 salaries)

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₹2.6 L/yr - ₹6.5 L/yr

arrow icon 7% less
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City Union Bank Associate Manager Salary

0 - 5 years exp. (6 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 17% less
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RBL Bank Associate Manager Salary

3 - 4 years exp. (5 salaries)

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₹3 L/yr - ₹4.5 L/yr

arrow icon 10% less
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₹8.6 L/yr - ₹17.5 L/yr

arrow icon 216% more
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State Bank of India Associate Manager Salary

0 - 5 years exp. (5 salaries)

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₹6 L/yr - ₹14 L/yr

arrow icon 142% more
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IDBI Bank Associate Manager Salary

1 - 8 years exp. (4 salaries)

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₹10 L/yr - ₹18 L/yr

arrow icon 226% more
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Federal Bank Associate Manager Salary

0 - 12 years exp. (4 salaries)

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₹10 L/yr - ₹12 L/yr

arrow icon 165% more
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Paytm Payments Bank Associate Manager Salary

3 - 5 years exp. (4 salaries)

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₹3.5 L/yr - ₹5.5 L/yr

At par
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₹3 L/yr - ₹4.5 L/yr

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₹3.1 L/yr - ₹3.6 L/yr

arrow icon 11% less

Latest annual salaries shared by HDFC Bank Associate Manager

3d ago
₹4.2 Lakhs
6 years exp.
6d ago
₹4 Lakhs
2 years exp.
4w ago
₹3 Lakhs
2 years exp.
1mo ago
₹3.5 Lakhs
3 years exp.
2mo ago
₹6 Lakhs
6 years exp.
4mo ago
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1 year exp.
8mo ago
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5 years exp.
8mo ago
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6 years exp.
9mo ago
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5 years exp.
9mo ago
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5 years exp.

HDFC Bank Associate Manager salaries by

Years of experience Avg. annual salary
Fresher  (3 salaries)

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₹3 L/yr - ₹5.5 L/yr
1 year  (6 salaries)

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₹2.5 L/yr - ₹4.5 L/yr
2 years  (3 salaries)

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₹3 L/yr - ₹7.4 L/yr
3 years  (3 salaries)

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₹3.5 L/yr - ₹6 L/yr
4 years  (5 salaries)

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₹3.2 L/yr - ₹5 L/yr
View all salaries by experience

Similar Designation Salaries at HDFC Bank

Similar Designation Avg. annual salary
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₹6.5 L/yr - ₹25 L/yr

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₹5.5 L/yr - ₹12 L/yr

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₹9.5 L/yr - ₹24.5 L/yr

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₹8 L/yr - ₹13 L/yr

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₹7.8 L/yr - ₹10 L/yr

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₹4 L/yr - ₹14.5 L/yr

Test Lead Salary
(3 salaries)
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₹10.6 L/yr - ₹29 L/yr

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₹12.1 L/yr - ₹34.2 L/yr

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₹4.9 L/yr - ₹16.5 L/yr

Lead Engineer Salary
(AmbitionBox Estimate)
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₹40 L/yr - ₹51.1 L/yr

View more similar designations

What people are saying about HDFC Bank

View All
an internal auditor
2w
Need advice
Hello all, Just a newbie requiring true advice. I have approximately 3 yrs of experience in the internal audit domain (FS). Recently a few months ago, I switched to HDFC. I feel so stuck here. I want a way out. There are so many nitty gritties for every step in this company. Moreover, I'm the least paid employee here. This is making me feel even worse. I want to switch desperately. Please tell me if I am making the right decision or not! Also would appreciate it if y'all can send some referrals!
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Salary related reviews for HDFC Bank

3.8

Rated by 10 employees for salary & benefits

Full Time

 · 

Finance & Accounting Department

5.0
  •  updated on 08 Oct 2024

5.0
 for  Salary and Benefits

Likes

strong brand reputation, good career growth opportunities, supportive work environment, competitive salary and benefits

read more
  • Salary - Excellent
  • +6 more

Dislikes

intense work pressure, poor work-life balance, micromanagement, outdated systems, high sales targets, a competitive and sometimes stressful work culture

read more

Full Time

 · 

Construction & Site Engineering Department

2.0
  •  updated on 28 Oct 2023

1.0
 for  Salary and Benefits

Likes

Salary on time

Dislikes

No transparent guidelines for sick leave and other necessary thinks like transfer payouts and many more. Your have to seek support for each and everything from your supervisor and always be thankful to him. Either he/she support you or not. Because you don't know your rights about such things.

read more
  • Salary - Bad
  • +5 more

Contractual

 · 

Engineering - Software & QA Department

1.0
  •  updated on 29 Aug 2024

1.0
 for  Salary and Benefits

Likes

Good tech stack Deep domain knowledge

Dislikes

Contract permanent employee partiality Non rational thinking managers Vendors should work like donkeys while permanent staff is chilling Most permanent staff are not good at their work Top management never hear about vendor employee concerns Many permanent staff is being paid hell of salary for no reason. HDFC should seriously consider vendors contribution at work and should do less pampering for permanent employees. Many managers have no idea what is happening in the project

read more
  • Salary - Bad
  • +6 more

Two wheeler finance Department

1.0
  •  updated on 09 Apr 2018

1.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...and six month as a team leader but for them employees are not worth in any mean. They refused to give salary certificate and that's why I joined some other bank and there I get minimum package coz I don't have any salary details. I've got very bad experience here and am not going to suggest any one to work with hdfc under quantum. And our RSM Mr. Subhrandu medda he is hippocrit and culprit he hired females in good package even they don't have any knowledge. I really hate that guy.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

Sales & Business Development Department

1.0
  •  updated on 05 May 2025

1.0
 for  Salary and Benefits

Likes

There is nothing to like about this Bank.

Dislikes

...preciated rather your credit will be given to someone else. No pay for Overtime. HR doesn't know the difference between CTC and Gross Salary. Toxic work culture. They even make you work on holidays and says they'll compensate by letting us take a leave on some other day but never allows later. Overall, not a place that is to called healthy at all. This company should be severely punished and look after for their employees' mental health. Oh yes, they even make you work on sick days and even if someone is dying in your family. A pathetic company.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

HDFC Bank Associate Manager Salary FAQs

What is the salary of Associate Manager at HDFC Bank ?
The average salary of a Associate Manager at HDFC Bank in India typically ranges from ₹2.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from Fresher to 11 years).

The top 10% of Associate Manager at HDFC Bank earn more than ₹5.3 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Associate Manager Salaries at HDFC Bank 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 Bank employees in India.
What is the estimated take home salary of a Associate Manager at HDFC Bank in India?
The estimated take-home salary of a Associate Manager at HDFC Bank in India typically ranges from ₹30,032 to ₹31,346 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from Fresher to 11 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 Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HDFC Bank for Associate Manager in India?
IDBI Bank ₹10.0 Lakhs to ₹18.0 Lakhs per year
HSBC Global Banking and Markets ₹8.6 Lakhs to ₹17.5 Lakhs per year
Federal Bank ₹10.0 Lakhs to ₹12.0 Lakhs per year
State Bank of India ₹6.0 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HDFC Bank, depending on the role and experience level.
What is the salary of a Associate Manager in companies similar to HDFC Bank in India?
The salary of a Associate Manager at companies similar to HDFC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ICICI Bank ₹2.2 Lakhs to ₹7.8 Lakhs per year
Paytm Payments Bank ₹3.5 Lakhs to ₹5.5 Lakhs per year
IndusInd Bank ₹1.9 Lakhs to ₹7.0 Lakhs per year
Axis Bank ₹2.5 Lakhs to ₹5.1 Lakhs per year
Ujjivan Small Finance Bank ₹3.0 Lakhs to ₹4.5 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 Associate Manager at HDFC Bank in India?
The salary growth for a Associate Manager at HDFC Bank depends on factors such as experience, performance, and promotions. On average, a Associate Manager can expect the following growth trajectory at HDFC Bank:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹5.5 Lakhs per year
1 year ₹2.5 Lakhs to ₹4.5 Lakhs per year
2 years ₹3.0 Lakhs to ₹7.4 Lakhs per year
3 years ₹3.5 Lakhs to ₹6.0 Lakhs per year
and so on.

Tell us how to improve this page.

HDFC Bank Associate Manager salary in India ranges between ₹2.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 HDFC Bank latest salaries received from various employees of HDFC Bank.