HSBC Bank Deputy Manager Salaries by 5 Employees

6 - 8 years exp.

₹4.6 Lakhs - ₹11 Lakhs

Salary of majority employees

29% less than the average Deputy Manager Salary in Banking Companies for 6 - 8 years of experience

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Last Updated: 16 Aug 2024

Companies similar to HSBC Bank for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Deputy Manager Salary 0 - 13 years exp. (11.3k salaries)	₹1.7 L/yr - ₹8.5 L/yr 26% less
IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (3.6k salaries)	₹1.7 L/yr - ₹8.5 L/yr 28% less
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Bank of Maharashtra Deputy Manager Salary 1 - 8 years exp. (78 salaries)	₹5 L/yr - ₹12 L/yr 35% more
Standard Chartered Deputy Manager Salary 3 - 10 years exp. (24 salaries)	₹3.8 L/yr - ₹8 L/yr 13% less
Jana Small Finance Bank Deputy Manager Salary 1 - 12 years exp. (17 salaries)	₹3 L/yr - ₹6.2 L/yr 26% less
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NatWest Group Deputy Manager Salary 7 - 10 years exp. (8 salaries)	₹5.1 L/yr - ₹8.2 L/yr 2% less
IDBI Bank Deputy Manager Salary 0 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹9 L/yr 28% less
Federal Bank Deputy Manager Salary 0 - 7 years exp. (6 salaries)	₹6.6 L/yr - ₹13.4 L/yr 9% more
Barclays Deputy Manager Salary 7 - 9 years exp. (6 salaries)	₹6.5 L/yr - ₹15.5 L/yr 61% more
Deutsche Bank Deputy Manager Salary 3 - 10 years exp. (5 salaries)	₹4.6 L/yr - ₹9.5 L/yr 5% less
Indian Overseas Bank Deputy Manager Salary 7 - 12 years exp. (4 salaries)	₹10 L/yr - ₹12 L/yr 69% more
HSBC Global Banking and Markets Deputy Manager Salary 3 - 6 years exp. (4 salaries)	₹8.3 L/yr - ₹16.8 L/yr 78% more
Bank of America Deputy Manager Salary 0 - 9 years exp. (4 salaries)	₹7 L/yr - ₹20.2 L/yr 105% more
Indian Bank Deputy Manager Salary 0 - 10 years exp. (4 salaries)	₹5.1 L/yr - ₹18 L/yr 73% more

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Deputy Manager salary at HSBC Bank ranges between ₹4.6 Lakhs to ₹11 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Deputy Manager salaries

Last Updated: 16 Aug 2024

Experience	Avg Annual Salary
6 years (4 salaries)	₹6.5 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
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8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

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Salary related reviews for HSBC Bank

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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HSBC Bank Deputy Manager Salary FAQs

What is the salary of Deputy Manager at HSBC Bank ?

The average salary of a Deputy Manager at HSBC Bank in India typically ranges from ₹4.6 Lakhs to ₹11.0 Lakhs per year, depending on experience (from 6 years to 8 years).

The top 10% of Deputy Manager at HSBC Bank earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Deputy Manager 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 5 HSBC Bank employees in India.

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

The estimated take-home salary of a Deputy Manager at HSBC Bank in India typically ranges from ₹52,324 to ₹53,557 per month. This is based on the average salary range of ₹4.6 Lakhs to ₹11.0 Lakhs per year for employees with experience ranging from 6 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 5 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 Deputy Manager in India?

Reserve Bank of India	₹9.0 Lakhs to ₹23.0 Lakhs per year
Bank of America	₹7.0 Lakhs to ₹20.2 Lakhs per year
HSBC Global Banking and Markets	₹8.3 Lakhs to ₹16.8 Lakhs per year
Indian Bank	₹5.1 Lakhs to ₹18.0 Lakhs per year
Indian Overseas Bank	₹10.0 Lakhs to ₹12.0 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 Deputy Manager in companies similar to HSBC Bank in India?

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

Barclays	₹6.5 Lakhs to ₹15.5 Lakhs per year
Bank of Maharashtra	₹5.0 Lakhs to ₹12.0 Lakhs per year
Allahabad Bank	₹6.0 Lakhs to ₹12.0 Lakhs per year
Federal Bank	₹6.6 Lakhs to ₹13.4 Lakhs per year
NatWest Group	₹5.1 Lakhs to ₹8.2 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 Deputy Manager at HSBC Bank in India?

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

Experience	Average Salary Range
6 years	₹6.5 Lakhs to ₹11.0 Lakhs per year
7 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
8 years	₹4.1 Lakhs to ₹5.2 Lakhs per year

and so on.

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HSBC Bank Deputy Manager Salaries

HSBC Bank Deputy Manager salary in India ranges between ₹4.6 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Bank latest salaries received from various employees of HSBC Bank.