HDFC Bank Salaries Increment in HDFC salary Structure, Manager/AGM/DGM/Staff Pay Scale, Allowances

HDFC Bank Salaries

Want to pursue a Career in HDFC Bank? Then you need to now HDFC Bank Salaries. Well, Housing Development Finance Corporations is considered one of the rising banks in India as it was the first to receive an ‘in principle’ approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. It offers various personal banking services such as savings and current accounts, credit cards, loans and many more. In this article, we have mentioned the assorted pay scale beginning from the Post of Manager/AGM/DGM/Staff in HDFC bank, along with that Allowances, bonus and commission. 

Housing Development Finance Corporations provides so many perks and allowances such as DA, HRA, Bonus, TA and Medical Benefits to its employees. The amount of pay scale offered to managers and offices is revised from time to time. We have provided each and every details regarding Housing Development Finance Corporations bank salaries on the below tuned page of www.resultinbox.com like Increment in HDFC salary Structure, its Products and Services, benefits enjoys by its employees and more, so have a glance. Bank offers good and satisfied amount of pay scale to its employs as given in below table according to the particular posts, have a look on each of them

HDFC Bank Salaries

The HDFC Bank Pay Scale includes different types of perks, such as DA, HRA, medical facilities, transport reimbursements, and so on. Newspaper and petrol reimbursement is also common.

Name of Posts Salary Offered
Assistant Manager 3,79,879 per year
Deputy Manager 5,59,462 per year
Relationship Manager 6,91,662 per year
Assistant Manager Monthly 23,091 monthly
Manager 7,72,791 per year
Relationships Manager 7,15,950 per year
Personal Banker Monthly 25,885
Senior Manager 11,81,360 per year
Personal Banker 3,98,006 per year
Deputy Manager Monthly 39,766
Sales Manager 6,09,710 per year
Relationship Manager – Monthly 39,334
Sales Executive Monthly 3,939
Credit Manager Monthly 37,372
Credit Manager 6,96,884 per year

Check Here: Latest Bank Jobs

HDFC Salary, Bonus & Commission

In addition to exclusive amount of salary structure, bank also offers bonus, commission, profit sharing to its officers and managers which is well furnished in the below given table. Have a glance…

Relationship Manager

Salary  Rs 292,774 – Rs 975,620
Bonus  Rs 30,410 – Rs 236,718
Commission  Rs 39,662 – Rs 443,647
Total Pay  Rs 305,209 – Rs 1,032,838

Credit Manager

Salary Rs 285,876 – Rs 821,471
Bonus Rs 11,658 – Rs 101,014
Profit Sharing Rs 2,847 – Rs 73,297
Total Pay Rs 306,412 – Rs 844, 29
Operations Manager
Salary Rs 283,829 – Rs 1,084,958
Bonus Rs 1.96 – Rs 103,042
Total Pay Rs 283,829 – Rs 1,129,343

Personal Banker

Salary  Rs 170,430 – Rs 581,748
Bonus Rs 11,151 – Rs 76,842
Total Pay  Rs 170,430 – Rs 581,748

HDFC’s Employees Average Salary Structure In India:

Job Annual Average Salary
Area Sales Manager 299,620 – Rs 1,415,792
Assistant Bank Manager 224,037 – Rs 636,929
Assistant Branch Manager, Banking 278,428 – Rs 710,393
Assistant Finance Manager 266,486 – Rs 912,600
Assistant Manager 206,309 – Rs 607,508
Assistant Manager, Customer Service 229,381 – Rs 421,008
Assistant Manager, Mortgage Lending 250,915 – Rs 936,637
Assistant Operations Manager 157,480 – Rs 572,304
Assistant Vice President (AVP), Consumer Lending 1,007,821 – Rs 2,608,197
Bank Manager 504,808 – Rs 2,417,239
Bank Teller 105,679 – Rs 378,950
Branch Manager, Banking 372,482 – Rs 1,191,952
Branch Manager, Retail 498,866 – Rs 1,205,272
Branch Sales Manager 253,702 – Rs 1,101,737
Business Analyst, IT 231,206 – Rs 754,016
Business Development Manager 243,815 – Rs 1,781,879
Collections Manager 365,591 – Rs 1,144,566
Corporate Sales Manager 266,068 – Rs 928,560
Credit Analyst 211,820 – Rs 1,241,703
Credit Manager 298,649 – Rs 832,709
Customer Service Manager 162,799 – Rs 1,331,404
Data Analyst 240,009 – Rs 921,486
Deputy General Manager 337,335 – Rs 1,587,414
Field Sales Executive 72,229 – Rs 319,864
Financial Analyst 296,890 – Rs 1,183,643
General / Operations Manager 322,701 – Rs 2,925,654
Human Resources (HR) Generalist 193,791 – Rs 728,780
Human Resources (HR) Manager 393,352 – Rs 1,601,623
Information Technology (IT) Manager 320,333 – Rs 1,671,646
Internal Auditor 228,580 – Rs 1,144,175
Key Account Manager 540,749 – Rs 1,823,741
Manager Trainee 123,552 – Rs 874,643
Marketing Manager 185,436 – Rs 1,331,923
Office Clerk, General 75,245 – Rs 298,331
Office Manager 133,916 – Rs 1,422,726
Operations Manager 289,061 – Rs 640,145
Operations Manager, Banking 163,650 – Rs 892,588
Personal Banker 178,010 – Rs 481,513
Private Banker 711,765 – Rs 3,226,163
Product Manager, Financial Services 464,054 – Rs 2,059,146
Project Manager, Information Technology 1,262,325 – Rs 3,994,321
Relationship Manager 313,401 – Rs 923,731
Relationship Manager, Banking 422,351 – Rs 1,673,078
Retail Assistant Manager 167,689 – Rs 685,335
Retail Banker 139,499 – Rs 671,116
Retail Sales Manager 306,207 – Rs 1,145,865
Sales and Marketing Manager 320,256 – Rs 1,230,079
Sales Officer 117,446 – Rs 228,457
Senior Credit Officer 232,068 – Rs 1,147,097
Senior Information Technology (IT) Manager 747,670 – Rs 2,255,237
Senior Marketing Manager 493,622 – Rs 2,101,523
Senior Product Manager 697,240 – Rs 1,841,061
Senior Risk Manager 1,048,959 – Rs 2,611,551
Software Developer 163,925 – Rs 596,861
Sr. Operations Manager 503,818 – Rs 2,170,598
Technical Analyst 220,715 – Rs 616,908
Teller 175,058 – Rs 350,000
Territory Sales Manager 364,797 – Rs 1,469,882
Training Manager 383,037 – Rs 1,201,207

Check Now: Career In Banking Sector

HDFC Salaries Based on Cities in India:

Job Category Cities Salary Range Or Average Salary ( INR )
Manager Delhi 5,00,000 – 950,000 (average- 747,000)
Mumbai 400,000 – 950,000 (average- 626,000)
Kolkata 550,000
Chennai 700,000 – 800,000 (average 750,000)
Junior Officer Delhi 120,000- 200,000 (1,57,000)
Mumbai 105,000- 130,000 (average 538,000)
Kolkata 100,000
Chennai 150,000- 225,000 (average 188,000)
Hyderabad 105,000 – 150,000 (average 128,000)
Senior branch Manager Delhi 170,000
Customer care (support) Delhi 120,000
Customer care (executive) Delhi 110,000
Chennai 95,000 (Customer Care Voice Process)
Operations Manager Delhi 500,000
Chennai 325,000
Hyderabad 750,000 – 800,000 ( average 775,000) (Branch Operations Manager)
Advisor – Private Banking Delhi 650,000
Personal Banker (Retail Banking) Delhi 500,000
Senior Manager Delhi 1,000,000
Mumbai 700,000 -1,780,000 (average 1,101,000)
Kolkata 1,395,000
Chennai 1,000,000 (Employee HR Services)
Assistant VP Delhi 1,450,000 (Sales-retail)
Kolkata 1,500,000
Chennai 1,500,000
Investment Officer Delhi 200,000

You Can Also Check: Bank PO Salary

Salary of HDFC Accounts Department

Auditing/Accounting Clerk INR 100,000- INR 340,000 (with an average of INR 141,000 annually
Account services Executive INR 100,000- INR 500,000 (with an average of INR 155,000 annually)
Accountant INR 100,000 INR 500,000 (with an average of INR 178,000 annually)

HDFC- Products and Services:

  • Accounts and Deposits: Savings Accounts, Current Accounts, Salary Accounts, Demat, Rural Accounts, Lockers
  • Cards: Debit Card, Prepaid Cards, Credit Cards, Credit Cards Rewards Program
  • Loans: Personal Loans, Education Loans, Home Loans, Car Loans, Rural Loans, Two-wheeler loans, loans against assets, Business loans etc.

According to the HDFC Salary Structure given in above table makes a fair idea how bank pays its managers, and officers at different levels. Now come to list of benefits enjoyed by them:

  • Assistant Manager – Stock Bonus, Cash Bonus
  • Personal Banker – Cash Bonus
  • Relationship Manager- cash Bonus
  • Product Manager- Cash Bonus
  • Senior Manager- Commissions on sales, Cash bonus
  • Manager- Commissions, Bonus, Tips
  • Deputy Manager- Cash bonus, profit sharing, stock bonus, commission on sales, tips

Note:

Dear Visitors! We hope that this page is beneficial for you and keep visiting our web portal that is www.resultinbox.com regularly to acquire further information concerning HDFC Bank.

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