HSBC Bank Mumbai Manager Salaries by 30+ Employees (Updated 2024)

6 - 17 years exp.

₹5.5 Lakhs - ₹17 Lakhs

Salary of majority employees

34% less than the average Manager Salary in Banking Companies for 6 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 7 - 16 years exp. (11 salaries)	₹5.5 L/yr - ₹17 L/yr
Customer Success, Service & Operations Manager Salary 6 - 17 years exp. (4 salaries)	₹9 L/yr - ₹17 L/yr
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Finance & Accounting Manager Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹8.3 L/yr - ₹16.2 L/yr
Sales & Business Development Manager Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹13.6 L/yr

Last Updated: 15 Dec 2024

Companies similar to HSBC Bank for Manager in Mumbai

HSBC Bank Manager Salary

6 - 17 years exp. (32 salaries)

₹5.5 L/yr - ₹17 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Manager Salary 2 - 19 years exp. (141 salaries)	₹7 L/yr - ₹28 L/yr 49% more	18 job openings
Citibank Manager Salary 6 - 16 years exp. (258 salaries)	₹10.3 L/yr - ₹31.4 L/yr 90% more
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HSBC Group Manager Salary 2 - 18 years exp. (64 salaries)	₹6 L/yr - ₹21.9 L/yr 35% more
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.1 L/yr 16% more
Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.5 L/yr - ₹18 L/yr 5% less	1 job opening
State Bank of India Manager Salary 6 - 15 years exp. (95 salaries)	₹9.8 L/yr - ₹40 L/yr 126% more
HDFC Bank Manager Salary 0 - 18 years exp. (3.3k salaries)	₹4 L/yr - ₹17.5 L/yr 9% less	1 job opening
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 24% less
IndusInd Bank Manager Salary 0 - 17 years exp. (597 salaries)	₹3.2 L/yr - ₹12 L/yr 30% less	1 job opening
Yes Bank Manager Salary 0 - 17 years exp. (921 salaries)	₹4 L/yr - ₹14 L/yr 15% less
IDFC FIRST Bank Manager Salary 0 - 14 years exp. (500 salaries)	₹4.2 L/yr - ₹15 L/yr 20% less
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IDBI Bank Manager Salary 6 - 17 years exp. (199 salaries)	₹10 L/yr - ₹29 L/yr 79% more
Bank of America Manager Salary 5 - 17 years exp. (109 salaries)	₹11.7 L/yr - ₹37 L/yr 147% more	8 job openings
AU Small Finance Bank Manager Salary 3 - 14 years exp. (69 salaries)	₹4 L/yr - ₹15.5 L/yr 17% less	1 job opening
Deutsche Bank Manager Salary 7 - 16 years exp. (69 salaries)	₹6.5 L/yr - ₹21 L/yr 41% more
Federal Bank Manager Salary 4 - 13 years exp. (54 salaries)	₹9 L/yr - ₹23 L/yr 61% more
Reserve Bank of India Manager Salary 2 - 31 years exp. (37 salaries)	₹15.6 L/yr - ₹46 L/yr 164% more
Bandhan Bank Manager Salary 4 - 16 years exp. (29 salaries)	₹5.8 L/yr - ₹12 L/yr 26% less
Bank of Maharashtra Manager Salary 4 - 13 years exp. (22 salaries)	₹10 L/yr - ₹19 L/yr 33% more
Jana Small Finance Bank Manager Salary 4 - 12 years exp. (21 salaries)	₹3.4 L/yr - ₹8.4 L/yr 41% less

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Manager salary at HSBC Bank ranges between ₹5.5 Lakhs to ₹17 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 32 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Manager salaries in Mumbai

Last Updated: 15 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹2.7 L/yr - ₹9.4 L/yr
7 years (6 salaries)	₹5.7 L/yr - ₹9 L/yr
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8 years (5 salaries)	₹6 L/yr - ₹9 L/yr
9 years (3 salaries)	₹5.5 L/yr - ₹11.1 L/yr
10 years (6 salaries)	₹7.5 L/yr - ₹16.5 L/yr
11 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.7 L/yr
12 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
13 years (3 salaries)	₹10.3 L/yr - ₹14 L/yr
14 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹21.7 L/yr
15+ years (3 salaries)	₹5.5 L/yr - ₹17 L/yr

View all

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

4.3

Rated by 8 employees for salary & benefits

Financial Analyst in Visakhapatnam

Customer Success, Service & Operations Department

5.0

• posted on 17 May 2019

4.0

for Salary and Benefits

Likes

The work culture and the management was simply awesome, it's like a government job, we can finish our work and enjoy there will be no stress for the employees to do the work more what you have assigned, I simply love this company a lot

Dislikes

From my perception the pay was low compare to other organizations rather than that there is no cons to the company

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.

see more salary related reviews

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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?

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HSBC Bank Manager Salary FAQs

What is the salary of Manager at HSBC Bank Mumbai?

Manager salary at HSBC Bank in Mumbai ranges between ₹5.5 Lakhs to ₹17.0 Lakhs for experience between 6 years to 17 years. According to our estimates it is 34% less than the average Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of HSBC Bank Mumbai.

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

The average salary of a Manager at HSBC Bank is 34% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

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

Reserve Bank of India Manager Salary - ₹15.6 Lakhs to ₹46.0 Lakhs per year
Bank of America Manager Salary - ₹11.7 Lakhs to ₹37.0 Lakhs per year
State Bank of India Manager Salary - ₹9.8 Lakhs to ₹40.0 Lakhs per year
Citibank Manager Salary - ₹10.3 Lakhs to ₹31.4 Lakhs per year
IDBI Bank Manager Salary - ₹10.0 Lakhs to ₹29.0 Lakhs per year

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

Federal Bank Manager Salary - ₹9.0 Lakhs to ₹23.0 Lakhs per year
Barclays Manager Salary - ₹11.5 Lakhs to ₹21.0 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year
Deutsche Bank Manager Salary - ₹6.5 Lakhs to ₹21.0 Lakhs per year
HSBC Group Manager Salary - ₹6.0 Lakhs to ₹21.9 Lakhs per year

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

The estimated take-home salary of a Manager at HSBC Bank ranges between ₹76,872 per month to ₹78,866 per month in Mumbai. The take-home salary calculation is based on the average HSBC Bank Manager salary in India which ranges between ₹5.5 Lakhs to ₹17.0 Lakhs per year for employees with experience between 6 years to 17 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 83% of the HSBC Bank Managers in Mumbai reported a notice period of 3 Months, 17% reported a notice period of 15 days or less.This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Bank Manager salary in Mumbai ranges between ₹5.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 HSBC Bank latest salaries received from various employees of HSBC Bank.