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HDFC Bank

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3.9

based on 36.3k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HDFC Bank IT Manager salaries in Mumbai with 2 - 14 years exp.

Avg. annual salary

12.1 Lakhs info icon
(₹7 L/yr - ₹20 L/yr)

Monthly in-hand salary

86,315 - ₹ 88,577 info icon

10% less than the average IT Manager Salary in Banking Companies for 2 - 14 years of experience

Interested in this particular role?

Salaries in different departments

IT & Information Security
IT Manager Salary
5 - 14 years exp. (29 salaries)
12.1 Lakhs

₹7.5 L/yr - ₹20 L/yr

Engineering - Software & QA
IT Manager Salary
2 - 12 years exp. (16 salaries)
12.5 Lakhs

₹7.7 L/yr - ₹15.7 L/yr

Project & Program Management
IT Manager Salary
2 - 11 years exp. (11 salaries)
12.1 Lakhs

₹7.9 L/yr - ₹17 L/yr

Data Science & Analytics
IT Manager Salary
5 - 11 years exp. (6 salaries)
12.1 Lakhs

₹9.5 L/yr - ₹14.4 L/yr

Engineering - Hardware & Networks
IT Manager Salary
5 - 12 years exp. (6 salaries)
12.3 Lakhs

₹10 L/yr - ₹18.5 L/yr

Last Updated: 5 Oct 2024

Personalize below salary insights based on your work experience. Add your work exp.

Companies similar to HDFC Bank for IT Manager in Mumbai

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HDFC Bank IT Manager Salary

2 - 14 years exp. (82 salaries)

12.1 Lakhs

₹7 L/yr - ₹20 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank IT Manager Salary

6 - 14 years exp. (3 salaries)

12.5 Lakhs

₹8.3 L/yr - ₹12.8 L/yr

arrow icon 3% more
Logo
Axis Bank IT Manager Salary

2 - 12 years exp. (44 salaries)

13.8 Lakhs

₹9.7 L/yr - ₹16.3 L/yr

arrow icon 13% more
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Kotak Mahindra Bank IT Manager Salary

5 - 11 years exp. (14 salaries)

12.2 Lakhs

₹6.4 L/yr - ₹18.5 L/yr

At par
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Yes Bank IT Manager Salary

1 - 7 years exp. (5 salaries)

16.9 Lakhs

₹8.8 L/yr - ₹17.1 L/yr

arrow icon 39% more
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IDFC FIRST Bank IT Manager Salary

4 - 14 years exp. (18 salaries)

12.2 Lakhs

₹6.3 L/yr - ₹19.5 L/yr

At par
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IndusInd Bank IT Manager Salary

4 - 12 years exp. (28 salaries)

13.8 Lakhs

₹6.2 L/yr - ₹22.5 L/yr

arrow icon 14% more
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RBL Bank IT Manager Salary

2 - 9 years exp. (37 salaries)

10.3 Lakhs

₹4.8 L/yr - ₹14.5 L/yr

arrow icon 16% less
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Utkarsh Small Finance Bank IT Manager Salary

9 - 18 years exp. (9 salaries)

10.1 Lakhs

₹6.2 L/yr - ₹13.3 L/yr

arrow icon 17% less
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IDBI Bank IT Manager Salary

3 - 15 years exp. (4 salaries)

17.7 Lakhs

₹12 L/yr - ₹24 L/yr

arrow icon 46% more
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Union Bank of India IT Manager Salary

7 - 11 years exp. (3 salaries)

10.7 Lakhs

₹10 L/yr - ₹13.4 L/yr

arrow icon 12% less
Average HDFC Bank IT Manager salary in Mumbai is ₹12.1 Lakhs per year for employees with experience between 2 years to 14 years. IT Manager salary at HDFC Bank ranges between ₹7 Lakhs to ₹20 Lakhs per year. Salary estimates are based on 82 latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank IT Manager in Mumbai

4d ago
12.5 Lakhs
2 years exp.
1w ago
20 Lakhs
10 years exp.
2w ago
17 Lakhs
10 years exp.
3w ago
7 Lakhs
4 years exp.
1mo ago
16.3 Lakhs
9 years exp.
2mo ago
14.4 Lakhs
11 years exp.
2mo ago
10 Lakhs
10 years exp.
2mo ago
10.5 Lakhs
8 years exp.
3mo ago
15.3 Lakhs
8 years exp.
3mo ago
14 Lakhs
8 years exp.

Experience wise HDFC Bank IT Manager salaries in Mumbai

Last Updated: 5 Oct 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

10.5 Lakhs

(₹4.2 L/yr - ₹12.5 L/yr)
3 years (AmbitionBox Estimate)

10.8 Lakhs

(₹7 L/yr - ₹19.4 L/yr)
4 years (AmbitionBox Estimate)

11.1 Lakhs

(₹9.9 L/yr - ₹12.7 L/yr)
5 years (9 salaries)

11.3 Lakhs

(₹7.1 L/yr - ₹13 L/yr)
6 years (9 salaries)

11.6 Lakhs

(₹7.9 L/yr - ₹14 L/yr)
View all

IT Manager salaries sourced from jobs posted by HDFC Bank

Last Updated: 28 Aug 2020

Experience Avg Annual Salary
5 - 7 years exp 6 - ₹ 6.6 Lakhs
7 - 9 years exp 7.3 - ₹ 7.9 Lakhs
9 - 10 years exp 8.5 - ₹ 8.5 Lakhs

Similar Designation salaries in HDFC Bank

Deputy Manager Salary
(3.6k salaries)
5.9 Lakhs
₹2 L/yr - ₹10.21 L/yr
Senior Analyst Salary
(6 salaries)
8.3 Lakhs
₹3.5 L/yr - ₹13 L/yr
Technical Lead Salary
(6 salaries)
22.9 Lakhs
₹11.6 L/yr - ₹31.5 L/yr
5.1 Lakhs
₹2 L/yr - ₹8.35 L/yr
11.0 Lakhs
₹7.8 L/yr - ₹11.19 L/yr
IT Executive Salary
(4 salaries)
2.8 Lakhs
₹2.5 L/yr - ₹3.5 L/yr

Top skills at HDFC Bank for IT Manager

SOAP UI SOA Testing API Testing IT Management

Salary related reviews for HDFC Bank

4.0 Rated by 4 employees for salary and benefits

Full Time

 · 

Sales & Business Development Department

3.0
posted on 26 Jul 2024

3.0 for Salary and Benefits

Likes

Salary is always on time. Brand name in the market makes feel proud of being part of big organization. Good software Technology system is adopted by the this organisation for both customers and employees. Less technological errors/failures are faced.

read more

Dislikes

Extended working hours, Apart from salary, other benefits are very less as compare to other organisations. Incentive structure is very strict and most of the time partial part of earned incentives are kept on hold for the whole year. Sales is so aggressive as it could harm mental well being. Output is given highest priority than the inputs. Seniors always show aggression for sales and same aggression is seen in their actions and reactions. Overall work culture is not helathy to work. Most of the time obusive language and high volume is used by seniors.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
posted on 25 Jul 2024

3.0 for Salary and Benefits

Likes

Nothing except job security. Home loan rates if you stay for long here.

Dislikes

No work life balance. The salary may seem good but is not worth the working hours that you put. Less to no perks at all. They make you work full time even on bank holidays and sundays. Late sitting till almost 11.30 pm at times. Even females are not spared.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
posted on 02 May 2024

1.0 for Salary and Benefits

Likes

Other than job stability and company value there's no benefits at all

Dislikes

...ng a leave when you are sick also feels like you have committed a serious crime. No hike even after working for almost 10 hrs a day for 4 years. Terrible process and sales pressure. Your mental health goes for a toss working here.

read more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
posted on 01 Feb 2024

3.0 for Salary and Benefits

Likes

Nothing is there to like working in hdfc not even salary credit MSG also give you that satisfaction..

read more

Dislikes

Every thing is poor like manager who doesn't deserve everyone credit and promote each other but agent doesn't get any recognition and 2% appraisal every year .. have to work extra but there is no payout for that and quality manager doesn't have any knowledge still act like an Einstein of the banking department .. doesn't celebrate any festival and manager celebrate by taking leave and agent have to work even on new year, Diwali, Holi etc .. don't do by the name of HDFC Bank it is like an shining snake under the table..

read more

Full Time

 · 

Customer Success, Service & Operations Department

3.0
posted on 11 Nov 2023

3.0 for Salary and Benefits

Likes

In hdfc bank you will get the Job security which is the best thing in Hdfc bank I like

Dislikes

Pramotion and salary increment where the person come from outside will get more salary as compared to people who work with them for long time.They Just hiring the people but didn't understand the value of current employees who are with them 😕😞 event don't bother to retain them with best option if you have even 10 years of experience.

read more
see more salary related reviews

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HDFC Bank IT Manager Salary FAQs

What is the salary of IT Manager at HDFC Bank Mumbai?
Average HDFC Bank IT Manager salary in Mumbai is ₹12.1 Lakhs for experience between 2 years to 14 years. IT Manager salary at HDFC Bank Mumbai ranges between ₹7.0 Lakhs to ₹20.0 Lakhs. According to our estimates it is 10% less than the average IT Manager Salary in India. Salary estimates are based on 82 latest salaries received from various employees of HDFC Bank Mumbai.
How does the salary of a IT Manager at HDFC Bank Mumbai compare with the average salary range for this job?
The average salary of a IT Manager at HDFC Bank is ₹12.1 Lakhs per year which is 10% less than average salary of a IT Manager in Mumbai which receives a salary of ₹13.5 Lakhs per year.
What are the top skills required to work as a IT Manager at HDFC Bank?
SOAP UI, SOA Testing, API Testing and IT Management are some of the popular skills required to work as a IT Manager at HDFC Bank Mumbai.
Which similar companies are paying more than HDFC Bank to a IT Manager in Mumbai?
  • IDBI Bank IT Manager Salary - 17.7 Lakhs per year
  • Yes Bank IT Manager Salary - 16.9 Lakhs per year
  • IndusInd Bank IT Manager Salary - 13.8 Lakhs per year
  • Axis Bank IT Manager Salary - 13.8 Lakhs per year
  • ICICI Bank IT Manager Salary - 12.5 Lakhs per year
What is the salary of a IT Manager in companies similar to HDFC Bank in Mumbai?
  • Kotak Mahindra Bank IT Manager Salary - 12.2 Lakhs per year
  • IDFC FIRST Bank IT Manager Salary - 12.2 Lakhs per year
  • Union Bank of India IT Manager Salary - 10.7 Lakhs per year
  • RBL Bank IT Manager Salary - 10.3 Lakhs per year
  • Utkarsh Small Finance Bank IT Manager Salary - 10.1 Lakhs per year
What is the estimated take home salary of a IT Manager at HDFC Bank in Mumbai?
The estimated take home salary of a IT Manager at HDFC Bank ranges between ₹86,315 per month to ₹88,577 per month in Mumbai. The take home salary calculation is based on the average HDFC Bank IT Manager salary in India which is ₹12.1 Lakhs per year for employees with experience between 2 years to 14 years Check how did we calculate take home salary?
How much salary HDFC Bank as an employer is offering to a IT Manager in Mumbai?
HDFC Bank is offering a IT Manager a salary in the range of 6 L/yr to 8.5 L/yr with experience ranging between 5 to 10 years of experience. Salary Estimates are based on the jobs submitted by HDFC Bank
What is the notice period for IT Manager at HDFC Bank in Mumbai?
According to AmbitionBox, 48% of the HDFC Bank IT Managers in Mumbai reported a notice period of 1 Month, 42% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HDFC Bank IT Manager salary in Mumbai ranges between ₹7 Lakhs to ₹20 Lakhs with an average annual salary of ₹12.1 Lakhs. Salary estimates are based on 82 HDFC Bank latest salaries received from various employees of HDFC Bank.