HSBC Bank Software Developer Salaries by 7 Employees

0 - 3 years exp.

₹5 Lakhs - ₹12.5 Lakhs

Salary of majority employees

15% more than the average Software Developer Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

Finance & Accounting Software Developer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹10 L/yr
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Engineering - Software & QA Software Developer Salary 2 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹9.7 L/yr

Last Updated: 14 Jun 2024

Companies similar to HSBC Bank for Software Developer

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Software Developer Salary 1 - 10 years exp. (200 salaries)	₹15.7 L/yr - ₹25 L/yr 74% more
HSBC Group Software Developer Salary 1 - 9 years exp. (154 salaries)	₹6.3 L/yr - ₹27 L/yr 69% more
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ICICI Bank Software Developer Salary 1 - 6 years exp. (41 salaries)	₹2 L/yr - ₹12 L/yr 25% less
Axis Bank Software Developer Salary 0 - 4 years exp. (53 salaries)	₹3.5 L/yr - ₹12.5 L/yr 6% less
State Bank of India Software Developer Salary 2 - 11 years exp. (13 salaries)	₹5 L/yr - ₹20 L/yr 27% more
HDFC Bank Software Developer Salary 1 - 10 years exp. (136 salaries)	₹9.6 L/yr - ₹17.8 L/yr 25% more
Kotak Mahindra Bank Software Developer Salary 1 - 5 years exp. (36 salaries)	₹8.8 L/yr - ₹31.6 L/yr 101% more
IndusInd Bank Software Developer Salary 1 - 8 years exp. (20 salaries)	₹5 L/yr - ₹17 L/yr 5% more
Yes Bank Software Developer Salary 1 - 3 years exp. (5 salaries)	₹3.3 L/yr - ₹5.4 L/yr 42% less
Barclays Software Developer Salary 0 - 6 years exp. (402 salaries)	₹7.8 L/yr - ₹23 L/yr 75% more
Bank of America Software Developer Salary 0 - 9 years exp. (170 salaries)	₹6 L/yr - ₹24 L/yr 55% more
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NatWest Group Software Developer Salary 0 - 11 years exp. (105 salaries)	₹8.2 L/yr - ₹30 L/yr 90% more
Deutsche Bank Software Developer Salary 1 - 4 years exp. (74 salaries)	₹9 L/yr - ₹25 L/yr 96% more
DBS Bank Software Developer Salary 0 - 3 years exp. (68 salaries)	₹5 L/yr - ₹17 L/yr 13% more
IDFC FIRST Bank Software Developer Salary 0 - 5 years exp. (62 salaries)	₹5.7 L/yr - ₹25 L/yr 53% more
AU Small Finance Bank Software Developer Salary 1 - 3 years exp. (17 salaries)	₹4.5 L/yr - ₹12.4 L/yr 12% less
Bandhan Bank Software Developer Salary 0 - 8 years exp. (9 salaries)	₹3 L/yr - ₹10 L/yr 36% less
NatWest Markets Software Developer Salary 0 - 12 years exp. (8 salaries)	₹6.5 L/yr - ₹17 L/yr 36% more
IDBI Bank Software Developer Salary 0 - 9 years exp. (6 salaries)	₹3.3 L/yr - ₹10.5 L/yr 17% less
Equitas Small Finance Bank Software Developer Salary 1 year exp. (6 salaries)	₹3.2 L/yr - ₹6 L/yr 51% less

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Software Developer salary at HSBC Bank ranges between ₹5 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 7 latest salaries received from various employees of HSBC Bank.

Experience wise HSBC Bank Software Developer salaries

Last Updated: 14 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3 L/yr - ₹9 L/yr
1 year (AmbitionBox Estimate)	₹7.4 L/yr - ₹9.5 L/yr
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2 years (3 salaries)	₹5 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹8 L/yr - ₹12.5 L/yr

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Senior Software Developer Salary

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₹29.3 L/yr - ₹37.4 L/yr

Software Engineer Salary

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Senior Associate Salary

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Senior Consultant Salary

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Associate Consultant Salary

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₹21.6 L/yr - ₹27.6 L/yr

Salary related reviews for HSBC Bank

4.0

Rated by 1 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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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HSBC Bank Software Developer Salary FAQs

What is the salary of Software Developer at HSBC Bank ?

The average salary of a Software Developer at HSBC Bank in India typically ranges from ₹5.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Software Developer at HSBC Bank earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Software Developer 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 7 HSBC Bank employees in India.

What is the estimated take home salary of a Software Developer at HSBC Bank in India?

The estimated take-home salary of a Software Developer at HSBC Bank in India typically ranges from ₹66,137 to ₹67,827 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from Fresher to 3 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 7 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 Software Developer in India?

Kotak Mahindra Bank	₹8.8 Lakhs to ₹31.6 Lakhs per year
Deutsche Bank	₹9.0 Lakhs to ₹25.0 Lakhs per year
NatWest Group	₹8.2 Lakhs to ₹30.0 Lakhs per year
Barclays	₹7.8 Lakhs to ₹23.0 Lakhs per year
HSBC Global Banking and Markets	₹9.5 Lakhs to ₹25.0 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 Software Developer in companies similar to HSBC Bank in India?

The salary of a Software Developer at companies similar to HSBC Bank in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered	₹15.7 Lakhs to ₹25.0 Lakhs per year
HSBC Group	₹6.3 Lakhs to ₹27.0 Lakhs per year
Bank of America	₹6.0 Lakhs to ₹24.0 Lakhs per year
IDFC FIRST Bank	₹5.7 Lakhs to ₹25.0 Lakhs per year
NatWest Markets	₹6.5 Lakhs to ₹17.0 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 Software Developer at HSBC Bank in India?

The salary growth for a Software Developer at HSBC Bank depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at HSBC Bank:

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹9.0 Lakhs per year
1 year	₹7.4 Lakhs to ₹9.5 Lakhs per year
2 years	₹5.0 Lakhs to ₹10.0 Lakhs per year
3 years	₹8.0 Lakhs to ₹12.5 Lakhs per year

and so on.

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HSBC Bank Software Developer Salaries

HSBC Bank Software Developer salary in India ranges between ₹5 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 HSBC Bank latest salaries received from various employees of HSBC Bank.