HSBC Bank Mumbai Associate Salaries by 4 Employees (Updated 2025)

2 - 6 years exp.

₹3.2 Lakhs - ₹5.9 Lakhs

Salary of majority employees

35% less than the average Associate Salary in Banking Companies for 2 - 6 years of experience

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Last Updated: 8 Jun 2023

Companies similar to HSBC Bank for Associate in Mumbai

HSBC Bank Associate Salary

2 - 6 years exp. (4 salaries)

₹3.2 L/yr - ₹5.9 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Associate Salary 1 - 13 years exp. (56 salaries)	₹7.8 L/yr - ₹33 L/yr 279% more
HSBC Group Associate Salary 1 - 10 years exp. (14 salaries)	₹5.9 L/yr - ₹15.7 L/yr 82% more	2 job openings
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ICICI Bank Associate Salary 0 - 6 years exp. (25 salaries)	₹1.4 L/yr - ₹5.1 L/yr 43% less
Axis Bank Associate Salary 0 - 6 years exp. (16 salaries)	₹2.1 L/yr - ₹5 L/yr 27% less
State Bank of India Associate Salary 1 - 8 years exp. (28 salaries)	₹3 L/yr - ₹8.6 L/yr 36% more
HDFC Bank Associate Salary 0 - 6 years exp. (20 salaries)	₹1.9 L/yr - ₹6 L/yr 46% less
Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (341 salaries)	₹1.2 L/yr - ₹4.2 L/yr 51% less
IndusInd Bank Associate Salary 1 - 8 years exp. (9 salaries)	₹1.7 L/yr - ₹3.7 L/yr 38% less
Yes Bank Associate Salary 1 - 8 years exp. (8 salaries)	₹2.5 L/yr - ₹4.9 L/yr 32% less
Deutsche Bank Associate Salary 2 - 15 years exp. (991 salaries)	₹9.8 L/yr - ₹33 L/yr 310% more	20 job openings
IDFC FIRST Bank Associate Salary 0 - 7 years exp. (278 salaries)	₹1.6 L/yr - ₹4.5 L/yr 39% less
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Bank of America Associate Salary 1 - 11 years exp. (59 salaries)	₹8.8 L/yr - ₹35.2 L/yr 337% more	1 job opening
NatWest Group Associate Salary 4 - 12 years exp. (59 salaries)	₹9.3 L/yr - ₹35 L/yr 302% more
Barclays Associate Salary 2 - 8 years exp. (12 salaries)	₹7.2 L/yr - ₹23 L/yr 235% more
Federal Bank Associate Salary 1 - 4 years exp. (9 salaries)	₹5 L/yr - ₹8 L/yr 32% more
HSBC Global Banking and Markets Associate Salary 5 - 7 years exp. (3 salaries)	₹8.6 L/yr - ₹17.3 L/yr 138% more

Associate salary at HSBC Bank ranges between ₹3.2 Lakhs to ₹5.9 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Associate salaries in Mumbai

Last Updated: 8 Jun 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹7.7 L/yr
3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹4.4 L/yr
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4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹8.1 L/yr
5 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)	₹1.9 L/yr - ₹5 L/yr

Similar Designation salaries in HSBC Bank

Senior Associate Salary

(15 salaries)

₹2.1 L/yr - ₹9.2 L/yr

Salary related reviews for HSBC Bank

4.8

Rated by 2 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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Top trending discussions

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Salary Discussions, Hike & Promotions

2w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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HSBC Bank Associate Salary FAQs

What is the salary of Associate at HSBC Bank Mumbai?

Associate salary at HSBC Bank in Mumbai ranges between ₹3.2 Lakhs to ₹5.9 Lakhs for experience between 2 years to 6 years. According to our estimates it is 35% less than the average Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HSBC Bank Mumbai.

How does the salary of a Associate at HSBC Bank Mumbai compare with the average salary range for this job?

The average salary of a Associate at HSBC Bank is 35% less than the average salary of a Associate in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HSBC Bank to a Associate in Mumbai?

Bank of America Associate Salary - ₹8.8 Lakhs to ₹35.2 Lakhs per year
Deutsche Bank Associate Salary - ₹9.8 Lakhs to ₹33.0 Lakhs per year
NatWest Group Associate Salary - ₹9.3 Lakhs to ₹35.0 Lakhs per year
Standard Chartered Associate Salary - ₹7.8 Lakhs to ₹33.0 Lakhs per year
Barclays Associate Salary - ₹7.2 Lakhs to ₹23.0 Lakhs per year

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

HSBC Global Banking and Markets Associate Salary - ₹8.6 Lakhs to ₹17.3 Lakhs per year
HSBC Group Associate Salary - ₹5.9 Lakhs to ₹15.7 Lakhs per year
State Bank of India Associate Salary - ₹3.0 Lakhs to ₹8.6 Lakhs per year
Federal Bank Associate Salary - ₹5.0 Lakhs to ₹8.0 Lakhs per year
Axis Bank Associate Salary - ₹2.1 Lakhs to ₹5.0 Lakhs per year

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

The estimated take-home salary of a Associate at HSBC Bank ranges between ₹37,815 per month to ₹39,012 per month in Mumbai. The take-home salary calculation is based on the average HSBC Bank Associate salary in India which ranges between ₹3.2 Lakhs to ₹5.9 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Associate at HSBC Bank in Mumbai?

According to AmbitionBox, 100% of the HSBC Bank Associates in Mumbai reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Bank Associate salary in Mumbai ranges between ₹3.2 Lakhs to ₹5.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Bank latest salaries received from various employees of HSBC Bank.