HSBC Bank Mumbai Associate Salaries by 4 Employees (Updated 2024)

2 - 6 years exp.

₹3.2 Lakhs - ₹5 Lakhs

Salary of majority employees

43% less than the average Associate Salary in Banking Companies for 2 - 6 years of experience

Interested in this particular role?

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 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Associate Salary 1 - 13 years exp. (53 salaries)	₹7.5 L/yr - ₹33 L/yr 316% more	7 job openings
Citibank Associate Salary 1 - 7 years exp. (25 salaries)	₹5.4 L/yr - ₹23.9 L/yr 200% more
Login to view exact salary
HSBC Group Associate Salary 1 - 10 years exp. (11 salaries)	₹3.8 L/yr - ₹15.6 L/yr 109% more
ICICI Bank Associate Salary 0 - 6 years exp. (24 salaries)	₹1.4 L/yr - ₹4.1 L/yr 37% less
Axis Bank Associate Salary 0 - 7 years exp. (15 salaries)	₹2.1 L/yr - ₹5 L/yr 17% less
State Bank of India Associate Salary 1 - 6 years exp. (26 salaries)	₹3 L/yr - ₹8.6 L/yr 55% more
HDFC Bank Associate Salary 0 - 6 years exp. (20 salaries)	₹1.9 L/yr - ₹6 L/yr 36% less
Kotak Mahindra Bank Associate Salary 0 - 7 years exp. (345 salaries)	₹1.2 L/yr - ₹4.2 L/yr 42% less
IndusInd Bank Associate Salary 1 - 8 years exp. (9 salaries)	₹1.7 L/yr - ₹3 L/yr 35% less
Yes Bank Associate Salary 1 - 8 years exp. (8 salaries)	₹2.5 L/yr - ₹4.9 L/yr 23% less
Deutsche Bank Associate Salary 2 - 15 years exp. (991 salaries)	₹9.7 L/yr - ₹35 L/yr 363% more	18 job openings
Login to view exact salary
IDFC FIRST Bank Associate Salary 0 - 7 years exp. (305 salaries)	₹1.6 L/yr - ₹4.5 L/yr 32% less
Bank of America Associate Salary 1 - 11 years exp. (60 salaries)	₹7.4 L/yr - ₹36.4 L/yr 393% more	2 job openings
NatWest Group Associate Salary 4 - 12 years exp. (60 salaries)	₹11.9 L/yr - ₹34.5 L/yr 357% more
Barclays Associate Salary 2 - 8 years exp. (12 salaries)	₹7.2 L/yr - ₹23 L/yr 284% more
Federal Bank Associate Salary 1 - 4 years exp. (9 salaries)	₹5 L/yr - ₹8 L/yr 52% more
HSBC Global Banking and Markets Associate Salary 5 - 7 years exp. (3 salaries)	₹8.6 L/yr - ₹17.3 L/yr 144% more

Associate salary at HSBC Bank ranges between ₹3.2 Lakhs to ₹5 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 - ₹7.3 L/yr
3 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.4 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹1.7 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 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

4.9

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

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.

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.

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.

Dislikes

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

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

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.

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.

Dislikes

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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about HSBC Bank?

Ask anonymously on communities.

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 ₹5.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 43% 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 43% 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 - ₹7.4 Lakhs to ₹36.4 Lakhs per year
Deutsche Bank Associate Salary - ₹9.7 Lakhs to ₹35.0 Lakhs per year
NatWest Group Associate Salary - ₹11.9 Lakhs to ₹34.5 Lakhs per year
Standard Chartered Associate Salary - ₹7.5 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?

Citibank Associate Salary - ₹5.4 Lakhs to ₹23.9 Lakhs per year
HSBC Global Banking and Markets Associate Salary - ₹8.6 Lakhs to ₹17.3 Lakhs per year
HSBC Group Associate Salary - ₹3.8 Lakhs to ₹15.6 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

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 ₹33,002 per month to ₹34,271 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 ₹5.0 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 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Bank latest salaries received from various employees of HSBC Bank.