HSBC Bank Mumbai Senior Associate Salaries by 10+ Employees (Updated 2024)

3 - 8 years exp.

₹2.1 Lakhs - ₹9.2 Lakhs

Salary of majority employees

41% less than the average Senior Associate Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 3 - 8 years exp. (9 salaries)	₹2.1 L/yr - ₹7.5 L/yr
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Sales & Business Development Senior Associate Salary 4 - 8 years exp. (3 salaries)	₹4 L/yr - ₹6.2 L/yr

Last Updated: 28 Aug 2024

Companies similar to HSBC Bank for Senior Associate in Mumbai

HSBC Bank Senior Associate Salary

3 - 8 years exp. (15 salaries)

₹2.1 L/yr - ₹9.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Associate Salary 4 - 5 years exp. (3 salaries)	₹5 L/yr - ₹7 L/yr 3% less	5 job openings
Citibank Senior Associate Salary 4 - 9 years exp. (23 salaries)	₹3.8 L/yr - ₹10.2 L/yr 49% more
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HSBC Group Senior Associate Salary 1 - 7 years exp. (13 salaries)	₹5.3 L/yr - ₹14.8 L/yr 103% more
ICICI Bank Senior Associate Salary 0 - 7 years exp. (121 salaries)	₹1.5 L/yr - ₹4 L/yr 58% less
Axis Bank Senior Associate Salary 3 - 6 years exp. (3 salaries)	₹1.9 L/yr - ₹7.6 L/yr 5% less
HDFC Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹2.2 L/yr - ₹10.7 L/yr 1% more
Kotak Mahindra Bank Senior Associate Salary 1 - 5 years exp. (22 salaries)	₹1.5 L/yr - ₹3.5 L/yr 55% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	₹4 L/yr - ₹12 L/yr 15% more
Yes Bank Senior Associate Salary 3 - 13 years exp. (9 salaries)	₹2.7 L/yr - ₹10.7 L/yr At par
IDFC FIRST Bank Senior Associate Salary 2 - 8 years exp. (35 salaries)	₹1.6 L/yr - ₹7.5 L/yr 37% less
Deutsche Bank Senior Associate Salary 5 - 10 years exp. (23 salaries)	₹6.7 L/yr - ₹27 L/yr 177% more	1 job opening
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NatWest Group Senior Associate Salary 5 - 10 years exp. (6 salaries)	₹6.8 L/yr - ₹21 L/yr 144% more
HSBC Global Banking and Markets Senior Associate Salary 3 - 9 years exp. (4 salaries)	₹7.2 L/yr - ₹20 L/yr 92% more

Senior Associate salary at HSBC Bank ranges between ₹2.1 Lakhs to ₹9.2 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 15 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Senior Associate salaries in Mumbai

Last Updated: 28 Aug 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹7.5 L/yr
4 years (4 salaries)	₹4 L/yr - ₹7.5 L/yr
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5 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹6.9 L/yr
6 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.6 L/yr
7 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹7.5 L/yr
8 years (4 salaries)	₹2.6 L/yr - ₹9.2 L/yr

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Salary related reviews for HSBC Bank

4.6

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

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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 Senior Associate Salary FAQs

What is the salary of Senior Associate at HSBC Bank Mumbai?

Senior Associate salary at HSBC Bank in Mumbai ranges between ₹2.1 Lakhs to ₹9.2 Lakhs for experience between 3 years to 8 years. According to our estimates it is 41% less than the average Senior Associate Salary in India. Salary estimates are based on 15 latest salaries received from various employees of HSBC Bank Mumbai.

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

The average salary of a Senior Associate at HSBC Bank is 41% less than the average salary of a Senior Associate in Mumbai. To know exact salary insights, login to view.

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

Deutsche Bank Senior Associate Salary - ₹6.7 Lakhs to ₹27.0 Lakhs per year
NatWest Group Senior Associate Salary - ₹6.8 Lakhs to ₹21.0 Lakhs per year
HSBC Group Senior Associate Salary - ₹5.3 Lakhs to ₹14.8 Lakhs per year
HSBC Global Banking and Markets Senior Associate Salary - ₹7.2 Lakhs to ₹20.0 Lakhs per year
Citibank Senior Associate Salary - ₹3.8 Lakhs to ₹10.2 Lakhs per year

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

IndusInd Bank Senior Associate Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Senior Associate Salary - ₹2.2 Lakhs to ₹10.7 Lakhs per year
Yes Bank Senior Associate Salary - ₹2.7 Lakhs to ₹10.7 Lakhs per year
Standard Chartered Senior Associate Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
Axis Bank Senior Associate Salary - ₹1.9 Lakhs to ₹7.6 Lakhs per year

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

The estimated take-home salary of a Senior Associate at HSBC Bank ranges between ₹44,737 per month to ₹45,831 per month in Mumbai. The take-home salary calculation is based on the average HSBC Bank Senior Associate salary in India which ranges between ₹2.1 Lakhs to ₹9.2 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 50% of the HSBC Bank Senior Associates in Mumbai reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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HSBC Bank Senior Associate Salaries in Mumbai

HSBC Bank Senior Associate salary in Mumbai ranges between ₹2.1 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 HSBC Bank latest salaries received from various employees of HSBC Bank.