HSBC Bank New Delhi Service Manager Salaries by 3 Employees

8 - 11 years exp.

₹7 Lakhs - ₹10 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Service Manager Salary in Banking Companies for 8 - 11 years of experience

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Last Updated: 11 Apr 2024

Companies similar to HSBC Bank for Service Manager in New Delhi

HSBC Bank Service Manager Salary

8 - 11 years exp. (3 salaries)

₹7 L/yr - ₹10 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Service Manager Salary 2 - 16 years exp. (31 salaries)	₹2.7 L/yr - ₹15 L/yr 5% more
Standard Chartered Service Manager Salary 2 - 12 years exp. (14 salaries)	₹4 L/yr - ₹13 L/yr 9% more
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IndusInd Bank Service Manager Salary 2 - 6 years exp. (12 salaries)	₹4 L/yr - ₹6 L/yr 44% less	4 job openings
IDFC FIRST Bank Service Manager Salary 5 - 9 years exp. (6 salaries)	₹4.5 L/yr - ₹9 L/yr 33% less
Yes Bank Service Manager Salary 8 - 9 years exp. (3 salaries)	₹5.4 L/yr - ₹8 L/yr 24% less

Service Manager salary at HSBC Bank ranges between ₹7 Lakhs to ₹10 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Service Manager salaries in New Delhi

Last Updated: 11 Apr 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
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11 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr

Similar Designation salaries in HSBC Bank

Sales Manager Salary

(3 salaries)

₹3.57 L/yr - ₹8 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

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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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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HSBC Bank Service Manager Salary FAQs

How the salary growth look like for a Service Manager at HSBC Bank in New Delhi?

The salary growth for a Service Manager at HSBC Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Service Manager in New Delhi can expect the following growth trajectory at HSBC Bank:

Experience	Average Salary Range
8 years	₹6.3 Lakhs to ₹8.0 Lakhs per year
10 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
11 years	₹9.0 Lakhs to ₹11.5 Lakhs per year

and so on.

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HSBC Bank Service Manager Salaries in New Delhi

HSBC Bank Service Manager salary in New Delhi ranges between ₹7 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 HSBC Bank latest salaries received from various employees of HSBC Bank.