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HSBC Bank Associate salaries in Hyderabad / Secunderabad

Annual salary range
3 - 8 years exp.
₹3.5 Lakhs - ₹6 Lakhs
Salary of majority employees
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35% less than the average Associate Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Associate Salary
4 - 6 years exp. (4 salaries)
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₹3.5 L/yr - ₹5 L/yr

Customer Success, Service & Operations
Associate Salary
3 - 8 years exp. (4 salaries)
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₹4.1 L/yr - ₹6 L/yr

Last Updated: 8 Sep 2024

Companies similar to HSBC Bank for Associate in Hyderabad / Secunderabad

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HSBC Bank Associate Salary

3 - 8 years exp. (9 salaries)

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₹3.5 L/yr - ₹6 L/yr

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Company name Avg Annual Salary Open Jobs
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (62 salaries)

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₹1.4 L/yr - ₹3.5 L/yr

arrow icon 50% less
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IDFC FIRST Bank Associate Salary

0 - 6 years exp. (31 salaries)

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₹1.5 L/yr - ₹4.5 L/yr

arrow icon 37% less
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Federal Bank Associate Salary

0 - 7 years exp. (12 salaries)

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₹4 L/yr - ₹8.3 L/yr

arrow icon 28% more
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Bank of America Associate Salary

2 - 10 years exp. (8 salaries)

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₹9.4 L/yr - ₹33.2 L/yr

arrow icon 316% more
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IndusInd Bank Associate Salary

2 - 4 years exp. (3 salaries)

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₹3.1 L/yr - ₹6.6 L/yr

arrow icon 18% less
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₹5.4 L/yr - ₹17 L/yr

arrow icon 111% more
Associate salary at HSBC Bank ranges between ₹3.5 Lakhs to ₹6 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of HSBC Bank.

Latest annual salaries shared by HSBC Bank Associate in Hyderabad / Secunderabad

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8 years exp.
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7 years exp.
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6 years exp.

Experience wise HSBC Bank Associate salaries in Hyderabad / Secunderabad

Last Updated: 8 Sep 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹8.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.5 L/yr - ₹8.3 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹8.5 L/yr
6 years  (3 salaries)

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₹3.5 L/yr - ₹5 L/yr
7 years (AmbitionBox Estimate)

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₹2 L/yr - ₹5.8 L/yr
View all

Similar Designation salaries in HSBC Bank

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₹3.4 L/yr - ₹6.3 L/yr

Salary related reviews for HSBC Bank

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

read more
  • 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.

read more
  • Job security - Bad
  • +2 more

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.

read more
  • Salary - Good
  • +6 more

Dislikes

1) No work life balance in trade finance department

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.

read more
  • Salary - Poor
  • +1 more

Full Time

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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.

read more
  • Salary - Poor
  • +4 more

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.

read more
  • 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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HSBC Bank Associate Salary FAQs

What is the salary of Associate at HSBC Bank in Hyderabad / Secunderabad?
The average salary of a Associate at HSBC Bank in Hyderabad / Secunderabad typically ranges from ₹3.5 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Associate in Hyderabad / Secunderabad at HSBC Bank earn more than ₹5.9 Lakhs per year, and the top 1% earn over ₹6.0 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 9 HSBC Bank employees in India.
What is the estimated take home salary of a Associate at HSBC Bank in Hyderabad / Secunderabad?
The estimated take-home salary of a Associate at HSBC Bank in Hyderabad / Secunderabad typically ranges from ₹38,428 to ₹39,616 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 3 years to 8 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 9 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 ₹9.4 Lakhs to ₹33.2 Lakhs per year
HSBC Global Banking and Markets ₹5.4 Lakhs to ₹17.0 Lakhs per year
Federal Bank ₹4.0 Lakhs to ₹8.3 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 Hyderabad / Secunderabad?
The salary of a Associate at companies similar to HSBC Bank in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IndusInd Bank ₹3.1 Lakhs to ₹6.6 Lakhs per year
IDFC FIRST Bank ₹1.5 Lakhs to ₹4.5 Lakhs per year
Kotak Mahindra Bank ₹1.4 Lakhs to ₹3.5 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 at HSBC Bank in Hyderabad / Secunderabad?
The salary growth for a Associate at HSBC Bank in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Associate in Hyderabad / Secunderabad can expect the following growth trajectory at HSBC Bank:

Experience Average Salary Range
3 years ₹4.1 Lakhs to ₹8.1 Lakhs per year
4 years ₹3.5 Lakhs to ₹8.3 Lakhs per year
5 years ₹4.1 Lakhs to ₹8.5 Lakhs per year
6 years ₹3.5 Lakhs to ₹5.0 Lakhs per year
and so on.

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HSBC Bank Associate salary in Hyderabad / Secunderabad ranges between ₹3.5 Lakhs to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 HSBC Bank latest salaries received from various employees of HSBC Bank.