HDFC Bank Manager Salaries by 8900+ Employees (Updated 2024)

Avg. annual salary

₹9.2 Lakhs

(₹5 L/yr - ₹14 L/yr)

Monthly in-hand salary

₹ 66,887 - ₹ 68,598

43% less than the average Manager Salary in Banking Companies for 0 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Manager Salary 0 - 19 years exp. (3.4k salaries)	₹9 Lakhs ₹5 L/yr - ₹13.1 L/yr
Customer Success, Service & Operations Manager Salary 0 - 19 years exp. (1.5k salaries)	₹8.8 Lakhs ₹4.9 L/yr - ₹13.5 L/yr
Sales & Business Development Manager Salary 0 - 18 years exp. (1.1k salaries)	₹9.5 Lakhs ₹4 L/yr - ₹16 L/yr
Finance & Accounting Manager Salary 0 - 19 years exp. (1k salaries)	₹9.7 Lakhs ₹4.1 L/yr - ₹16 L/yr

Last Updated: 8 Oct 2024

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

Companies similar to HDFC Bank for Manager

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager Salary 0 - 18 years exp. (4.9k salaries)	₹11.9 Lakhs ₹5.5 L/yr - ₹18 L/yr 29% more
Axis Bank Manager Salary 0 - 18 years exp. (6.2k salaries)	₹9.5 Lakhs ₹4.8 L/yr - ₹14 L/yr 3% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (5.5k salaries)	₹7.9 Lakhs ₹4 L/yr - ₹12 L/yr 14% less	1 job opening
State Bank of India Manager Salary 6 - 15 years exp. (513 salaries)	₹21.5 Lakhs ₹10 L/yr - ₹35 L/yr 134% more
IndusInd Bank Manager Salary 0 - 16 years exp. (1.8k salaries)	₹7.2 Lakhs ₹3.2 L/yr - ₹11.4 L/yr 21% less
Yes Bank Manager Salary 0 - 18 years exp. (2.7k salaries)	₹8.7 Lakhs ₹4.3 L/yr - ₹13.5 L/yr 5% less	1 job opening
Standard Chartered Manager Salary 2 - 20 years exp. (2.1k salaries)	₹18 Lakhs ₹7.5 L/yr - ₹30.8 L/yr 96% more
Citibank Manager Salary 4 - 16 years exp. (768 salaries)	₹20.1 Lakhs ₹10 L/yr - ₹31.4 L/yr 119% more
Bank of Baroda Manager Salary 4 - 14 years exp. (372 salaries)	₹15.4 Lakhs ₹6.7 L/yr - ₹25 L/yr 68% more
Punjab National Bank Manager Salary 4 - 12 years exp. (194 salaries)	₹14.1 Lakhs ₹6.7 L/yr - ₹21 L/yr 53% more
Canara Bank Manager Salary 5 - 14 years exp. (362 salaries)	₹15.4 Lakhs ₹6.9 L/yr - ₹24 L/yr 67% more
Union Bank of India Manager Salary 5 - 13 years exp. (185 salaries)	₹13.7 Lakhs ₹6.5 L/yr - ₹21 L/yr 49% more
Bank of India Manager Salary 4 - 13 years exp. (149 salaries)	₹13.4 Lakhs ₹6.2 L/yr - ₹21.5 L/yr 46% more
IDBI Bank Manager Salary 6 - 17 years exp. (699 salaries)	₹18.9 Lakhs ₹9.7 L/yr - ₹28 L/yr 105% more
HDFC Life Manager Salary 1 - 16 years exp. (443 salaries)	₹9.3 Lakhs ₹4.5 L/yr - ₹16.1 L/yr 2% more	1 job opening
Bajaj Allianz Life Insurance Manager Salary 2 - 18 years exp. (186 salaries)	₹12.9 Lakhs ₹5.7 L/yr - ₹23 L/yr 40% more	1 job opening
Max Life Insurance Manager Salary 4 - 15 years exp. (289 salaries)	₹8.5 Lakhs ₹3.6 L/yr - ₹14 L/yr 7% less	5 job openings
SBI Life Insurance Company Manager Salary 9 - 20 years exp. (169 salaries)	₹10.9 Lakhs ₹4.5 L/yr - ₹17.1 L/yr 19% more
ICICI Prudential Life Insurance Manager Salary 1 - 13 years exp. (292 salaries)	₹7.7 Lakhs ₹3.3 L/yr - ₹12 L/yr 17% less
Tata AIA Life Insurance Manager Salary 4 - 18 years exp. (260 salaries)	₹14.6 Lakhs ₹6.5 L/yr - ₹26 L/yr 59% more	2 job openings

View all

Average HDFC Bank Manager salary in India is ₹9.2 Lakhs per year for employees with less than 1 year of experience to 19 years. Manager salary at HDFC Bank ranges between ₹5 Lakhs to ₹14 Lakhs per year. Salary estimates are based on 9k latest salaries received from various employees of HDFC Bank.

Latest annual salaries shared by HDFC Bank Manager

1d ago

₹16.5 Lakhs

10 years exp.

1d ago

₹8.9 Lakhs

11 years exp.

1d ago

₹9.5 Lakhs

13 years exp.

1d ago

₹12 Lakhs

1 year exp.

1d ago

₹11 Lakhs

3 years exp.

1d ago

₹9.3 Lakhs

11 years exp.

1d ago

₹10 Lakhs

12 years exp.

1d ago

₹9 Lakhs

10 years exp.

1d ago

₹12 Lakhs

11 years exp.

1d ago

₹8.6 Lakhs

17 years exp.

Experience wise HDFC Bank Manager salaries

Last Updated: 8 Oct 2024

Experience	Avg Annual Salary
Fresher (122 salaries)	₹10.2 Lakhs (₹5 L/yr - ₹12.5 L/yr)
1 year (200 salaries)	₹10 Lakhs (₹5.5 L/yr - ₹13 L/yr)
2 years (197 salaries)	₹9.8 Lakhs (₹4.8 L/yr - ₹14 L/yr)
3 years (276 salaries)	₹9.6 Lakhs (₹5 L/yr - ₹15 L/yr)
4 years (376 salaries)	₹9.4 Lakhs (₹5.2 L/yr - ₹16 L/yr)
5 years (600 salaries)	₹9.3 Lakhs (₹5 L/yr - ₹16.3 L/yr)
6 years (693 salaries)	₹9.1 Lakhs (₹4 L/yr - ₹16 L/yr)
7 years (768 salaries)	₹9 Lakhs (₹4.6 L/yr - ₹16 L/yr)
8 years (940 salaries)	₹8.9 Lakhs (₹4.9 L/yr - ₹14 L/yr)
9 years (916 salaries)	₹8.9 Lakhs (₹4.3 L/yr - ₹13.5 L/yr)
10 years (1.1k salaries)	₹8.8 Lakhs (₹5 L/yr - ₹14.1 L/yr)
11 years (653 salaries)	₹8.8 Lakhs (₹4.1 L/yr - ₹13.8 L/yr)
12 years (632 salaries)	₹8.8 Lakhs (₹4.5 L/yr - ₹15.5 L/yr)
13 years (472 salaries)	₹8.8 Lakhs (₹4.5 L/yr - ₹15.5 L/yr)
14 years (388 salaries)	₹8.9 Lakhs (₹4.5 L/yr - ₹14.6 L/yr)
15+ years (688 salaries)	₹9.1 Lakhs (₹4.6 L/yr - ₹14 L/yr)

View all

Manager salaries sourced from jobs posted by HDFC Bank

Last Updated: 24 Jan 2024

Experience	Avg Annual Salary
2 - 4 years exp	₹2.5 - ₹ 10 Lakhs
4 - 6 years exp	₹3.3 - ₹ 14 Lakhs
6 - 8 years exp	₹4.1 - ₹ 25 Lakhs
8 - 10 years exp	₹7.2 - ₹ 31 Lakhs
10 - 12 years exp	₹9.5 - ₹ 37 Lakhs
12 - 13 years exp	₹40 - ₹ 40 Lakhs

Note: This salary data is sourced from jobs posted by HDFC Bank on Naukri.com. It may vary from salaries reported by employees.

Similar Designation salaries in HDFC Bank

Audit Manager Salary

(29 salaries)

₹9.0 Lakhs

₹6.05 L/yr - ₹14 L/yr

Credit Manager Salary

(2.8k salaries)

₹8.4 Lakhs

₹3.5 L/yr - ₹13.47 L/yr

Deputy Manager Salary

(15.5k salaries)

₹5.7 Lakhs

₹1.95 L/yr - ₹10.5 L/yr

Finance Manager Salary

(47 salaries)

₹6.5 Lakhs

₹1.6 L/yr - ₹11 L/yr

Proprietor Salary

(AmbitionBox Estimate)

₹1.9 Lakhs

₹1.6 L/yr - ₹2.1 L/yr

Management Trainee Salary

(614 salaries)

₹8.8 Lakhs

₹4.5 L/yr - ₹13 L/yr

Senior Analyst Salary

(23 salaries)

₹7.9 Lakhs

₹3.5 L/yr - ₹13.12 L/yr

Senior Associate Salary

(42 salaries)

₹5.1 Lakhs

₹2 L/yr - ₹9.2 L/yr

Financial Analyst Salary

(95 salaries)

₹6.6 Lakhs

₹2 L/yr - ₹11.25 L/yr

Audit Executive Salary

(9 salaries)

₹2.3 Lakhs

₹1.05 L/yr - ₹4 L/yr

Top skills at HDFC Bank for Manager

Productivity Banking Cross Selling Reporting Due Diligence

Salary related reviews for HDFC Bank

3.4 Rated by 1.5k employees for salary and benefits

Manager in Chandigarh

Full Time

BFSI, Investments & Trading Department

2.0

posted on 19 Jun 2024

3.0 for Salary and Benefits

Likes

HDFC bank offer good pay on switch.

Dislikes

There is no work life balance. Work culture is very poor and toxic. Incremental and promotions are very less and that too on favouritism basis not on merits. They don’t know how to behave with female employees.

Manager in New Delhi

Full Time

BFSI, Investments & Trading Department

3.0

posted on 19 May 2024

2.0 for Salary and Benefits

Likes

Over all huge organization with full of vintage people who have taken all benefits like home loan,car loans,personal loans and now decided to get retirement from same company.So you may learn more things in between these vintage people.Hdfc bank gives more employment to female candidate and provide safe and good environment.

Dislikes

Salary and appraisal increment are least . Inflation rates even more than every year salary increment percentage..No incentive program for collection manager.Annual Bonus is merely God shake.

Manager in Mumbai

Full Time

BFSI, Investments & Trading Department

2.0

posted on 14 Apr 2024

1.0 for Salary and Benefits

Likes

Secure Job

Dislikes

Poor Team Management Denial of leaves Compensation is below industry standards Login time is strict but they make you stay for long hours. Managers may request you to work on weekend But reject your leave applications

Manager in Mumbai

Full Time

Finance & Accounting Department

3.0

posted on 18 Dec 2023

1.0 for Salary and Benefits

Likes

What I like the Most about HDFC Bank is there are vast amount of work which you can do, change your profile and learn a lot. If you are a person who wants to Learn and keep Learning you can take HDFC as your Company. There are various Profile in HDFC bank which you can Explore.

Dislikes

...ife is work basically. You won't be appreciated if you don't Shine at your Work. The Pay is Less and Not upto the standard of the work you put in. The Backoffice although Hike is maximum 8 to 9 % although they really reward the Sales and business team with quarterly bonuses. There is No work challenge for the People who are good with Numbers. Again, it depends on your Profile. Basically work a lot with less money and No appreciation whatsoever. Female employees are not given drop even if they stay up till 11 in the night. No Female Benefits all men dominated. every Month end you have to work and also some bank holidays. Hell lot of Pressure.

Manager in Kota

Full Time

BFSI, Investments & Trading Department

1.0

posted on 11 Sep 2023

4.0 for Salary and Benefits

Likes

Timely salary, Brand name

Dislikes

Excessive sales pressure, Pathetic HR support, Worst company culture, HR team is worst here, Appraisals are too bad, Long work timings, I will never suggest anyone to join this worthless banking organisation.

see more salary related reviews

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HDFC Bank Manager Salary FAQs

What is the salary of Manager at HDFC Bank?

Average HDFC Bank Manager salary in India is ₹9.2 Lakhs for less than 1 year of experience to 19 years. Manager salary at HDFC Bank India ranges between ₹5.0 Lakhs to ₹14.0 Lakhs. According to our estimates it is 43% less than the average Manager Salary in India. Salary estimates are based on 9k latest salaries received from various employees of HDFC Bank India.

How does the salary of a Manager at HDFC Bank India compare with the average salary range for this job?

The average salary of a Manager at HDFC Bank is ₹9.2 Lakhs per year which is 43% less than average salary of a Manager in India which receives a salary of ₹16.1 Lakhs per year.

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

Productivity, Banking, Cross Selling, Reporting and Due Diligence are some of the popular skills required to work as a Manager at HDFC Bank India.

Which similar companies are paying more than HDFC Bank to a Manager in India?

State Bank of India Manager Salary - 21.5 Lakhs per year
Citibank Manager Salary - 20.1 Lakhs per year
IDBI Bank Manager Salary - 18.9 Lakhs per year
Standard Chartered Manager Salary - 18.0 Lakhs per year
Federal Bank Manager Salary - 16.4 Lakhs per year

What is the salary of a Manager in companies similar to HDFC Bank in India?

South Indian Bank Manager Salary - 15.7 Lakhs per year
HSBC Global Banking and Markets Manager Salary - 15.5 Lakhs per year
Bank of Baroda Manager Salary - 15.4 Lakhs per year
Canara Bank Manager Salary - 15.4 Lakhs per year
Tata AIA Life Insurance Manager Salary - 14.6 Lakhs per year

What is the estimated take home salary of a Manager at HDFC Bank in India?

The estimated take home salary of a Manager at HDFC Bank ranges between ₹66,887 per month to ₹68,598 per month in India. The take home salary calculation is based on the average HDFC Bank Manager salary in India which is ₹9.2 Lakhs per year for employees with less than 1 year of experience to 19 years Check how did we calculate take home salary?

How much salary HDFC Bank as an employer is offering to a Manager in India?

HDFC Bank is offering a Manager a salary in the range of 2.5 L/yr to 40 L/yr with experience ranging between 2 to 13 years of experience. Salary Estimates are based on the jobs submitted by HDFC Bank

What is the notice period for Manager at HDFC Bank?

According to AmbitionBox, 58% of the HDFC Bank Managers reported a notice period of 3 Months, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9.7k responses on AmbitionBox in last 2 years.

HDFC Bank Manager Salaries by Location

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HDFC Bank Manager salary in India ranges between ₹5 Lakhs to ₹14 Lakhs with an average annual salary of ₹9.2 Lakhs. Salary estimates are based on 9k HDFC Bank latest salaries received from various employees of HDFC Bank.

HDFC Bank Manager salaries in India with 0 - 19 years exp.

Companies similar to HDFC Bank for Manager

Latest annual salaries shared by HDFC Bank Manager

Experience wise HDFC Bank Manager salaries

Manager salaries sourced from jobs posted by HDFC Bank

Similar Designation salaries in HDFC Bank

Top skills at HDFC Bank for Manager

Salary related reviews for HDFC Bank

Manager in Chandigarh

Manager in New Delhi

Manager in Mumbai

Manager in Mumbai

Manager in Kota

HDFC Bank Manager Salary FAQs

HDFC Bank Manager Salaries by Location

Tell us how to improve this page.