HSBC Bank Service Manager Salaries by 7 Employees (Updated 2024)

8 - 15 years exp.

₹7 Lakhs - ₹10 Lakhs

Salary of majority employees

At par with the average Service Manager Salary in Banking Companies for 8 - 15 years of experience

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Last Updated: 11 Apr 2024

Companies similar to HSBC Bank for Service Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Service Manager Salary 2 - 14 years exp. (80 salaries)	₹4 L/yr - ₹13.2 L/yr 4% less	3 job openings
Citibank Service Manager Salary 3 - 17 years exp. (40 salaries)	₹4.4 L/yr - ₹16.5 L/yr 27% more
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HSBC Group Service Manager Salary 12 - 16 years exp. (5 salaries)	₹10.1 L/yr - ₹26 L/yr 85% more	1 job opening
ICICI Bank Service Manager Salary 1 - 8 years exp. (51 salaries)	₹3 L/yr - ₹8.5 L/yr 34% less
Axis Bank Service Manager Salary 1 - 13 years exp. (42 salaries)	₹2.5 L/yr - ₹12 L/yr 9% less
State Bank of India Service Manager Salary 1 - 12 years exp. (28 salaries)	₹6.9 L/yr - ₹16 L/yr 43% more
HDFC Bank Service Manager Salary 4 - 11 years exp. (63 salaries)	₹3.5 L/yr - ₹9.5 L/yr 26% less
Kotak Mahindra Bank Service Manager Salary 0 - 14 years exp. (196 salaries)	₹2 L/yr - ₹13.1 L/yr 13% less
IndusInd Bank Service Manager Salary 2 - 7 years exp. (76 salaries)	₹3 L/yr - ₹6 L/yr 47% less
Yes Bank Service Manager Salary 1 - 13 years exp. (22 salaries)	₹3 L/yr - ₹9 L/yr 27% less
Deutsche Bank Service Manager Salary 4 - 11 years exp. (16 salaries)	₹5.2 L/yr - ₹14.5 L/yr 23% more
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IDFC FIRST Bank Service Manager Salary 1 - 14 years exp. (15 salaries)	₹3.5 L/yr - ₹7.8 L/yr 36% less
Barclays Service Manager Salary 10 - 20 years exp. (9 salaries)	₹14 L/yr - ₹27 L/yr 193% more
AU Small Finance Bank Service Manager Salary 0 - 10 years exp. (9 salaries)	₹3.5 L/yr - ₹10 L/yr 33% less
IDBI Bank Service Manager Salary 9 - 14 years exp. (4 salaries)	₹12 L/yr - ₹25.3 L/yr 141% more
NatWest Group Service Manager Salary 10 - 18 years exp. (4 salaries)	₹7.5 L/yr - ₹17.2 L/yr 68% more
Equitas Small Finance Bank Service Manager Salary 1 - 9 years exp. (3 salaries)	₹3.1 L/yr - ₹3.3 L/yr 61% less

Service Manager salary at HSBC Bank ranges between ₹7 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Service Manager salaries

Last Updated: 11 Apr 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹7 L/yr - ₹14.9 L/yr
9 years (AmbitionBox Estimate)	₹3.3 L/yr - ₹9 L/yr
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10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹14.6 L/yr
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹10 L/yr
12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9.1 L/yr
14 years (AmbitionBox Estimate)	₹7 L/yr - ₹9 L/yr
15+ years (AmbitionBox Estimate)	₹7 L/yr - ₹13.9 L/yr

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Similar Designation salaries in HSBC Bank

Service Advisor Salary

(AmbitionBox Estimate)

₹1.4 L/yr - ₹1.8 L/yr

Deputy Manager Salary

(5 salaries)

₹6.5 L/yr - ₹17 L/yr

Sales Manager Salary

(6 salaries)

₹2.15 L/yr - ₹8 L/yr

Service Coordinator Salary

(AmbitionBox Estimate)

₹0.5 L/yr - ₹0.7 L/yr

Customer Service Manager Salary

(4 salaries)

₹4.35 L/yr - ₹13.5 L/yr

Sales Executive Salary

(3 salaries)

₹2.2 L/yr - ₹4.1 L/yr

Customer Relationship Manager Salary

(3 salaries)

₹3.85 L/yr - ₹4.33 L/yr

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

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 Service Manager Salary FAQs

What is the salary of Service Manager at HSBC Bank?

Service Manager salary at HSBC Bank in India ranges between ₹7.0 Lakhs to ₹10.0 Lakhs for experience between 8 years to 15 years. Salary estimates are based on 7 latest salaries received from various employees of HSBC Bank India.

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

Barclays Service Manager Salary - ₹14.0 Lakhs to ₹27.0 Lakhs per year
IDBI Bank Service Manager Salary - ₹12.0 Lakhs to ₹25.3 Lakhs per year
HSBC Group Service Manager Salary - ₹10.1 Lakhs to ₹26.0 Lakhs per year
NatWest Group Service Manager Salary - ₹7.5 Lakhs to ₹17.2 Lakhs per year
State Bank of India Service Manager Salary - ₹6.9 Lakhs to ₹16.0 Lakhs per year

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

Citibank Service Manager Salary - ₹4.4 Lakhs to ₹16.5 Lakhs per year
Deutsche Bank Service Manager Salary - ₹5.2 Lakhs to ₹14.5 Lakhs per year
Standard Chartered Service Manager Salary - ₹4.0 Lakhs to ₹13.2 Lakhs per year
Axis Bank Service Manager Salary - ₹2.5 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank Service Manager Salary - ₹2.0 Lakhs to ₹13.1 Lakhs per year

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

The estimated take-home salary of a Service Manager at HSBC Bank ranges between ₹59,102 per month to ₹60,593 per month in India. The take-home salary calculation is based on the average HSBC Bank Service Manager salary in India which ranges between ₹7.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 8 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Service Manager at HSBC Bank?

According to AmbitionBox, 67% of the HSBC Bank Service Managers reported a notice period of 1 Month, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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HSBC Bank Service Manager Salaries

HSBC Bank Service Manager salary in India ranges between ₹7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HSBC Bank latest salaries received from various employees of HSBC Bank.