HSBC Bank Mumbai Senior Associate Salaries by 10+ Employees (Updated 2025)

3 - 8 years exp.

₹2.6 Lakhs - ₹9.2 Lakhs

Salary of majority employees

37% 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. (8 salaries)	₹2.6 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 - ₹7 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. (14 salaries)

₹2.6 L/yr - ₹9.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Associate Salary 4 - 6 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 6% less
HSBC Group Senior Associate Salary 1 - 7 years exp. (12 salaries)	₹5.2 L/yr - ₹13.7 L/yr 80% more
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ICICI Bank Senior Associate Salary 0 - 7 years exp. (124 salaries)	₹1.5 L/yr - ₹4 L/yr 61% less
Axis Bank Senior Associate Salary 2 - 7 years exp. (4 salaries)	₹1.9 L/yr - ₹4.9 L/yr 49% less
HDFC Bank Senior Associate Salary 2 - 8 years exp. (9 salaries)	₹2.2 L/yr - ₹10.7 L/yr 4% less
Kotak Mahindra Bank Senior Associate Salary 1 - 6 years exp. (24 salaries)	₹1.5 L/yr - ₹3.9 L/yr 54% less
IndusInd Bank Senior Associate Salary 2 - 8 years exp. (5 salaries)	₹4 L/yr - ₹12 L/yr 18% more
Yes Bank Senior Associate Salary 3 - 9 years exp. (8 salaries)	₹2.7 L/yr - ₹7 L/yr 35% less
IDFC FIRST Bank Senior Associate Salary 2 - 8 years exp. (38 salaries)	₹1.6 L/yr - ₹6.3 L/yr 38% less
Deutsche Bank Senior Associate Salary 4 - 11 years exp. (28 salaries)	₹6.9 L/yr - ₹27 L/yr 149% more
NatWest Group Senior Associate Salary 5 - 10 years exp. (6 salaries)	₹4.9 L/yr - ₹21 L/yr 91% more
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HSBC Global Banking and Markets Senior Associate Salary 3 - 9 years exp. (4 salaries)	₹7.2 L/yr - ₹20 L/yr 76% more
Bank of America Senior Associate Salary 3 - 7 years exp. (3 salaries)	₹4.5 L/yr - ₹5.2 L/yr 28% less

Senior Associate salary at HSBC Bank ranges between ₹2.6 Lakhs to ₹9.2 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 14 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 - ₹11.5 L/yr
7 years (AmbitionBox Estimate)	₹2.6 L/yr - ₹7.5 L/yr
8 years (4 salaries)	₹2.6 L/yr - ₹9.2 L/yr

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Similar Designation salaries in HSBC Bank

Associate Vice President Salary

(52 salaries)

₹8 L/yr - ₹25 L/yr

Senior Vice President Salary

(17 salaries)

₹40 L/yr - ₹93 L/yr

AVP Salary

(5 salaries)

₹7.1 L/yr - ₹20.56 L/yr

Assistant Manager Operations Salary

(5 salaries)

₹6.2 L/yr - ₹9 L/yr

Assistant Vice President Salary

(4 salaries)

₹18 L/yr - ₹25.75 L/yr

Operations Manager Salary

(4 salaries)

₹7 L/yr - ₹13.4 L/yr

Analyst Salary

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₹4 L/yr - ₹7.16 L/yr

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

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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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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 ₹2.6 Lakhs to ₹9.2 Lakhs for experience between 3 years to 8 years. According to our estimates it is 37% less than the average Senior Associate Salary in India. Salary estimates are based on 14 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 37% 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 - ₹6.9 Lakhs to ₹27.0 Lakhs per year
NatWest Group Senior Associate Salary - ₹4.9 Lakhs to ₹21.0 Lakhs per year
HSBC Group Senior Associate Salary - ₹5.2 Lakhs to ₹13.7 Lakhs per year
HSBC Global Banking and Markets Senior Associate Salary - ₹7.2 Lakhs to ₹20.0 Lakhs per year
IndusInd Bank Senior Associate Salary - ₹4.0 Lakhs to ₹12.0 Lakhs per year

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

HDFC Bank Senior Associate Salary - ₹2.2 Lakhs to ₹10.7 Lakhs per year
Standard Chartered Senior Associate Salary - ₹5.0 Lakhs to ₹7.0 Lakhs per year
Bank of America Senior Associate Salary - ₹4.5 Lakhs to ₹5.2 Lakhs per year
Yes Bank Senior Associate Salary - ₹2.7 Lakhs to ₹7.0 Lakhs per year
IDFC FIRST Bank Senior Associate Salary - ₹1.6 Lakhs to ₹6.3 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 ₹48,817 per month to ₹49,971 per month in Mumbai. The take-home salary calculation is based on the average HSBC Bank Senior Associate salary in India which ranges between ₹2.6 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 ₹2.6 Lakhs to ₹9.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 HSBC Bank latest salaries received from various employees of HSBC Bank.