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HSBC Bank Operations Manager salaries in Mumbai

Annual salary range
7 - 14 years exp.
₹7 Lakhs - ₹13.4 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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8% less than the average Operations Manager Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Operations Manager Salary
12 - 14 years exp. (3 salaries)
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₹7 L/yr - ₹13.4 L/yr

Customer Success, Service & Operations
Operations Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹11.6 L/yr

Last Updated: 8 Jun 2023

Companies similar to HSBC Bank for Operations Manager in Mumbai

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HSBC Bank Operations Manager Salary

7 - 14 years exp. (4 salaries)

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₹7 L/yr - ₹13.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Operations Manager Salary

1 - 11 years exp. (48 salaries)

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₹4.8 L/yr - ₹11.6 L/yr

arrow icon 21% less
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Kotak Mahindra Bank Operations Manager Salary

3 - 12 years exp. (42 salaries)

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₹2 L/yr - ₹12 L/yr

arrow icon 31% less
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IndusInd Bank Operations Manager Salary

3 - 12 years exp. (17 salaries)

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₹3 L/yr - ₹10 L/yr

arrow icon 40% less
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Yes Bank Operations Manager Salary

7 - 16 years exp. (15 salaries)

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₹6.5 L/yr - ₹12.5 L/yr

arrow icon 10% less
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Bank of America Operations Manager Salary

10 - 18 years exp. (8 salaries)

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₹12.2 L/yr - ₹21.5 L/yr

arrow icon 67% more
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₹8.5 L/yr - ₹16.5 L/yr

arrow icon 56% more
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₹4.4 L/yr - ₹7.6 L/yr

arrow icon 49% less
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Bandhan Bank Operations Manager Salary

6 - 10 years exp. (3 salaries)

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₹4.8 L/yr - ₹7.5 L/yr

arrow icon 41% less
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₹3.6 L/yr - ₹9 L/yr

arrow icon 46% less
Operations Manager salary at HSBC Bank ranges between ₹7 Lakhs to ₹13.4 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Bank.

Latest annual salaries shared by HSBC Bank Operations Manager in Mumbai

1y ago
₹7.5 Lakhs
7 years exp.
1y ago
₹13.4 Lakhs
14 years exp.
1y ago
₹7 Lakhs
12 years exp.
1y ago
₹8 Lakhs
12 years exp.

Experience wise HSBC Bank Operations Manager salaries in Mumbai

Last Updated: 8 Jun 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹7.5 L/yr - ₹9.6 L/yr
8 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹10.1 L/yr
9 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
10 years (AmbitionBox Estimate)

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₹8.7 L/yr - ₹11.2 L/yr
11 years (AmbitionBox Estimate)

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₹9.1 L/yr - ₹11.7 L/yr
View all

Similar Designation salaries in HSBC Bank

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₹4.16 L/yr - ₹6 L/yr

Salary related reviews for HSBC Bank

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

 · 

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

 · 

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

 · 

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
see more salary related reviews

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HSBC Bank Operations Manager Salary FAQs

What is the salary of Operations Manager at HSBC Bank in Mumbai?
The average salary of a Operations Manager at HSBC Bank in Mumbai typically ranges from ₹7.0 Lakhs to ₹13.4 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Operations Manager in Mumbai at HSBC Bank earn more than ₹13.4 Lakhs per year, and the top 1% earn over ₹13.4 Lakhs per year. Operations 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 4 HSBC Bank employees in India.
What is the estimated take home salary of a Operations Manager at HSBC Bank in Mumbai?
The estimated take-home salary of a Operations Manager at HSBC Bank in Mumbai typically ranges from ₹73,206 to ₹75,096 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.4 Lakhs per year for employees with experience ranging from 7 years to 14 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 4 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 Operations Manager in India?
Bank of America ₹12.2 Lakhs to ₹21.5 Lakhs per year
HSBC Global Banking and Markets ₹8.5 Lakhs to ₹16.5 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 Operations Manager in companies similar to HSBC Bank in Mumbai?
The salary of a Operations Manager at companies similar to HSBC Bank in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Yes Bank ₹6.5 Lakhs to ₹12.5 Lakhs per year
IDFC FIRST Bank ₹4.8 Lakhs to ₹11.6 Lakhs per year
Kotak Mahindra Bank ₹2.0 Lakhs to ₹12.0 Lakhs per year
IndusInd Bank ₹3.0 Lakhs to ₹10.0 Lakhs per year
Bandhan Bank ₹4.8 Lakhs to ₹7.5 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 Operations Manager at HSBC Bank in Mumbai?
The salary growth for a Operations Manager at HSBC Bank in Mumbai depends on factors such as experience, performance, and promotions. On average, a Operations Manager in Mumbai can expect the following growth trajectory at HSBC Bank:

Experience Average Salary Range
7 years ₹7.5 Lakhs to ₹9.6 Lakhs per year
8 years ₹7.9 Lakhs to ₹10.1 Lakhs per year
9 years ₹8.3 Lakhs to ₹10.6 Lakhs per year
10 years ₹8.7 Lakhs to ₹11.2 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Bank Operations Manager salary in Mumbai ranges between ₹7 Lakhs to ₹13.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HSBC Bank latest salaries received from various employees of HSBC Bank.