HSBC Bank Associate Salaries by 30+ Employees

1 - 16 years exp.

₹2.2 Lakhs - ₹6.5 Lakhs

Salary of majority employees

32% less than the average Associate Salary in Banking Companies for 1 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Salary 2 - 11 years exp. (16 salaries)	₹3.2 L/yr - ₹6.3 L/yr
Customer Success, Service & Operations Associate Salary 2 - 8 years exp. (7 salaries)	₹4.1 L/yr - ₹6 L/yr
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Finance & Accounting Associate Salary 2 - 5 years exp. (4 salaries)	₹3.8 L/yr - ₹5.6 L/yr
Sales & Business Development Associate Salary 1 year exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.8 L/yr

Last Updated: 14 Sep 2024

Companies similar to HSBC Bank for Associate

Company name	Avg Annual Salary	Open Jobs
Deutsche Bank Associate Salary 2 - 15 years exp. (4.9k salaries)	₹9 L/yr - ₹34 L/yr 283% more	35 job openings
Kotak Mahindra Bank Associate Salary 0 - 6 years exp. (1k salaries)	₹1.1 L/yr - ₹4.2 L/yr 49% less
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IDFC FIRST Bank Associate Salary 0 - 7 years exp. (635 salaries)	₹1.5 L/yr - ₹5 L/yr 38% less
NatWest Group Associate Salary 3 - 13 years exp. (473 salaries)	₹7.2 L/yr - ₹24 L/yr 247% more
Federal Bank Associate Salary 0 - 7 years exp. (155 salaries)	₹4 L/yr - ₹9 L/yr 29% more
Standard Chartered Associate Salary 1 - 13 years exp. (144 salaries)	₹7.7 L/yr - ₹30 L/yr 240% more
NatWest Markets Associate Salary 5 - 12 years exp. (144 salaries)	₹7.3 L/yr - ₹31 L/yr 247% more
Bank of America Associate Salary 2 - 10 years exp. (142 salaries)	₹8.5 L/yr - ₹32.3 L/yr 295% more
HSBC Global Banking and Markets Associate Salary 1 - 7 years exp. (71 salaries)	₹5.6 L/yr - ₹21.9 L/yr 143% more
Barclays Associate Salary 2 - 10 years exp. (66 salaries)	₹6.4 L/yr - ₹26.7 L/yr 208% more
IndusInd Bank Associate Salary 2 - 7 years exp. (32 salaries)	₹1.5 L/yr - ₹7.5 L/yr 28% less
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Yes Bank Associate Salary 1 - 8 years exp. (16 salaries)	₹2.5 L/yr - ₹6 L/yr 33% less
Equitas Small Finance Bank Associate Salary 3 - 8 years exp. (7 salaries)	₹4 L/yr - ₹12 L/yr 51% more	4 job openings
AU Small Finance Bank Associate Salary 2 - 5 years exp. (5 salaries)	₹1 L/yr - ₹3 L/yr 68% less
Reserve Bank of India Associate Salary 1 - 4 years exp. (5 salaries)	₹7 L/yr - ₹9.5 L/yr 66% more
J&K Bank Associate Salary 1 - 5 years exp. (5 salaries)	₹4.5 L/yr - ₹6 L/yr 3% more
IDBI Bank Associate Salary 1 - 7 years exp. (4 salaries)	₹0.9 L/yr - ₹2.8 L/yr 63% less
Jana Small Finance Bank Associate Salary 2 - 6 years exp. (4 salaries)	₹1.8 L/yr - ₹4 L/yr 50% less
UCO Bank Associate Salary 2 - 4 years exp. (4 salaries)	₹5.9 L/yr - ₹6.5 L/yr 18% more
Bandhan Bank Associate Salary 1 - 2 years exp. (3 salaries)	₹1.2 L/yr - ₹2 L/yr 67% less

View all

Associate salary at HSBC Bank ranges between ₹2.2 Lakhs to ₹6.5 Lakhs per year for employees with experience between 1 year to 16 years. Salary estimates are based on 37 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Associate salaries

Last Updated: 14 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹4.1 L/yr - ₹7.8 L/yr
2 years (4 salaries)	₹3.2 L/yr - ₹6 L/yr
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3 years (4 salaries)	₹3.6 L/yr - ₹6 L/yr
4 years (10 salaries)	₹2.2 L/yr - ₹5 L/yr
5 years (4 salaries)	₹4 L/yr - ₹8.6 L/yr
6 years (7 salaries)	₹3.5 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹5.8 L/yr
8 years (AmbitionBox Estimate)	₹2 L/yr - ₹6 L/yr
9 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹6 L/yr
10 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6.1 L/yr
11 years (AmbitionBox Estimate)	₹2.2 L/yr - ₹6.3 L/yr
12 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
13 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
14 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.6 L/yr
15+ years (AmbitionBox Estimate)	₹2.4 L/yr - ₹6.5 L/yr

View all

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Salary related reviews for HSBC Bank

4.5

Rated by 5 employees for salary & benefits

Relationship Manager in Mumbai

Full Time

Sales & Business Development Department

3.0

• posted on 07 Sep 2024

3.0

for Salary and Benefits

Likes

*Steep learning curve * Work life balance * Ample leaves annually * Good for target oriented sales * Regular interaction with management

Work-life balance - Good

Dislikes

...less. * Bonus is dependent on manager relationship and not performance related. * Compensation is pretty average. * Internal movement requires strong recommendations, else doesn't happen.

Job security - Bad

+2 more

Operations Manager in Chennai

Full Time

Finance & Accounting Department

4.0

• posted on 27 Apr 2024

4.0

for Salary and Benefits

Likes

1) Hdpi finance will help you to grow better than trade finance department. 2) Yearly bonus 3) Job safety 4) Work life balance 5) Hybrid working for just 1 day working.

Salary - Good

+6 more

Dislikes

1) No work life balance in trade finance department

Assistant Manager Operations in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 23 Sep 2023

2.0

for Salary and Benefits

Likes

Employee friendly and supportive management. There are opportunities to grow as well in various field internally.

Job security - Excellent

+3 more

Dislikes

Salary is way too less given experience of people working and appraisals as well has been very disappointing.

Salary - Poor

+1 more

Processing Executive in Kolkata

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 15 Sep 2023

2.0

for Salary and Benefits

Likes

Job security

Job security - Excellent

Dislikes

I worked in HSBC Kolkata so rating as per my experience there - Internal growth is minimal, too much cost cutting, micro management, no focus on skill development, too much politics inside, hikes are like peanuts you have to be on good books of your managers to get good hike, performance doesn’t matter. HSBC should re-access there Management’s skills and compatibility, may be this reason for high attrition.

Salary - Poor

+4 more

Manager Business Analyst in Kolkata

Full Time

Data Science & Analytics Department

4.0

• posted on 08 Jun 2020

4.0

for Salary and Benefits

Likes

...e centeric. During the start of covid pandemic they have asked employees to WFH. No jb cuts or bonus cuts heard so far.

Salary - Good

+4 more

Dislikes

I hardly see any career growth, people are just doing IJP to survive in company with their sourcing

Promotions - Poor

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HSBC Bank Associate Salary FAQs

What is the salary of Associate at HSBC Bank ?

The average salary of a Associate at HSBC Bank in India typically ranges from ₹2.2 Lakhs to ₹6.5 Lakhs per year, depending on experience (from 1 year to 16 years).

The top 10% of Associate at HSBC Bank earn more than ₹6.1 Lakhs per year, and the top 1% earn over ₹6.5 Lakhs per year. Associate Salaries at HSBC 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+ HSBC Bank employees in India.

What is the estimated take home salary of a Associate at HSBC Bank in India?

The estimated take-home salary of a Associate at HSBC Bank in India typically ranges from ₹38,828 to ₹40,010 per month. This is based on the average salary range of ₹2.2 Lakhs to ₹6.5 Lakhs per year for employees with experience ranging from 1 year to 16 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 HSBC Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HSBC Bank for Associate in India?

Bank of America	₹8.5 Lakhs to ₹32.3 Lakhs per year
Deutsche Bank	₹9.0 Lakhs to ₹34.0 Lakhs per year
NatWest Group	₹7.2 Lakhs to ₹24.0 Lakhs per year
NatWest Markets	₹7.3 Lakhs to ₹31.0 Lakhs per year
Standard Chartered	₹7.7 Lakhs to ₹30.0 Lakhs per year

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

What is the salary of a Associate in companies similar to HSBC Bank in India?

The salary of a Associate at companies similar to HSBC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays	₹6.4 Lakhs to ₹26.7 Lakhs per year
HSBC Global Banking and Markets	₹5.6 Lakhs to ₹21.9 Lakhs per year
Reserve Bank of India	₹7.0 Lakhs to ₹9.5 Lakhs per year
Equitas Small Finance Bank	₹4.0 Lakhs to ₹12.0 Lakhs per year
Federal Bank	₹4.0 Lakhs to ₹9.0 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 at HSBC Bank in India?

The salary growth for a Associate at HSBC Bank depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at HSBC Bank:

Experience	Average Salary Range
1 year	₹4.1 Lakhs to ₹7.8 Lakhs per year
2 years	₹3.2 Lakhs to ₹6.0 Lakhs per year
3 years	₹3.6 Lakhs to ₹6.0 Lakhs per year
4 years	₹2.2 Lakhs to ₹5.0 Lakhs per year

and so on.

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HSBC Bank Associate salary in India ranges between ₹2.2 Lakhs to ₹6.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 37 HSBC Bank latest salaries received from various employees of HSBC Bank.