HSBC Electronic Data Processing IT Analyst Salaries by 10+ Employees

2 - 12 years exp.

₹2.1 Lakhs - ₹5.2 Lakhs

Salary of majority employees

59% less than the average IT Analyst Salary in Banking Companies for 2 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations IT Analyst Salary 3 - 12 years exp. (6 salaries)	₹2.1 L/yr - ₹5.2 L/yr
IT & Information Security IT Analyst Salary 2 - 11 years exp. (6 salaries)	₹2.6 L/yr - ₹4.7 L/yr
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Data Science & Analytics IT Analyst Salary 5 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹4.6 L/yr

Last Updated: 16 Aug 2023

Companies similar to HSBC Electronic Data Processing for IT Analyst

Company name	Avg Annual Salary	Open Jobs
Deutsche Bank IT Analyst Salary 0 - 8 years exp. (12 salaries)	₹6.2 L/yr - ₹15 L/yr 152% more
Barclays IT Analyst Salary 0 - 11 years exp. (11 salaries)	₹6.1 L/yr - ₹21.6 L/yr 209% more
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Bank of America IT Analyst Salary 6 - 10 years exp. (11 salaries)	₹9.1 L/yr - ₹17.2 L/yr 223% more
NatWest Group IT Analyst Salary 2 - 13 years exp. (10 salaries)	₹4.8 L/yr - ₹16.7 L/yr 179% more
Standard Chartered IT Analyst Salary 2 - 5 years exp. (5 salaries)	₹3.8 L/yr - ₹7.5 L/yr 32% more
IndusInd Bank IT Analyst Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹10.5 L/yr 79% more

IT Analyst salary at HSBC Electronic Data Processing ranges between ₹2.1 Lakhs to ₹5.2 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 13 latest salaries received from various employees of HSBC Electronic Data Processing.

Experience wise HSBC Electronic Data Processing IT Analyst salaries

Last Updated: 16 Aug 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹7 L/yr
3 years (3 salaries)	₹2.5 L/yr - ₹7.1 L/yr
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4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹7.1 L/yr
5 years (3 salaries)	₹2.8 L/yr - ₹7.1 L/yr
6 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.7 L/yr
7 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
8 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.6 L/yr
9 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.7 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.7 L/yr
11 years (AmbitionBox Estimate)	₹3.6 L/yr - ₹4.1 L/yr
12 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹5.2 L/yr

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Similar Designation salaries in HSBC Electronic Data Processing

Analyst Salary

(364 salaries)

₹8.16 L/yr - ₹14.68 L/yr

Data Analyst Salary

(54 salaries)

₹8.66 L/yr - ₹14.85 L/yr

Senior Analyst Salary

(217 salaries)

₹10.22 L/yr - ₹18.03 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹31.3 L/yr - ₹40 L/yr

Data Engineer Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

SQL Developer Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Senior Associate Salary

(94 salaries)

₹3.76 L/yr - ₹13.2 L/yr

Senior Consultant Salary

(AmbitionBox Estimate)

₹12.7 L/yr - ₹16.2 L/yr

System Engineer Salary

(3 salaries)

₹3 L/yr - ₹5.5 L/yr

Big Data Engineer Salary

(AmbitionBox Estimate)

₹11.3 L/yr - ₹14.5 L/yr

Salary related reviews for HSBC Electronic Data Processing

3.6

Rated by 5 employees for salary & benefits

Analyst in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 04 Aug 2020

1.0

for Salary and Benefits

Likes

Since past 2 years I didn’t hike so I am trying my level best to quit Hsbc

Dislikes

Even this year also i am not getting hike due to covid situation there is lot of cost cutting in terms of process automation .There is no growth in Hsbc in terms promotions due to politics

Salary - Bad

+6 more

Analyst in Bangalore / Bengaluru

CDD Department

1.0

• posted on 31 Dec 2019

1.0

for Salary and Benefits

Likes

There s nothing which I like in HSBC.

Dislikes

...no growth in terms of career and our personal development. No work life balance. Compensation is utter worst and pathetic. So plz don't seek a career with HSBC.

Salary - Bad

+6 more

Analyst in Bangalore / Bengaluru

Data Science & Analytics Department

4.0

• posted on 19 Mar 2019

4.0

for Salary and Benefits

Likes

Excellent work culture in bangalore(Gurgaon does not have good work culture), little less compensation comparatively. But still overall I'd rate it to best place to work. Disclaimer: I have switched to different industry

Salary - Good

+6 more

Dislikes

No use of cutting edge technology and relatively less compensation

Assistant Manager in Kolkata

Full Time

Finance & Accounting Department

4.0

• posted on 20 Jun 2024

3.0

for Salary and Benefits

Likes

All over it's a good place to work. Work life balance depends on department and jobs role as it varies. Be in good team can be really helpful here. Work culture is good, mostly for female employees.

Skill development - Excellent

+3 more

Dislikes

Pay management is not that good as mostly underpaid. Not satisfied with package.

Work-life balance - Poor

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Legal & Regulatory Department

4.0

• posted on 03 Aug 2023

4.0

for Salary and Benefits

Likes

The best employees friendly organization in the industry. Ample opportunities offered by HSBC to learn from different platforms. Encouraging and motivating work culture leading to sound work-life balance.

Salary - Good

+6 more

Dislikes

Can match the competitors in terms if remuneration and overall fixed and variable pay.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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HSBC Electronic Data Processing IT Analyst Salary FAQs

What is the salary of IT Analyst at HSBC Electronic Data Processing ?

The average salary of a IT Analyst at HSBC Electronic Data Processing in India typically ranges from ₹2.1 Lakhs to ₹5.2 Lakhs per year, depending on experience (from 2 years to 12 years).

The top 10% of IT Analyst at HSBC Electronic Data Processing earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹5.2 Lakhs per year. IT Analyst Salaries at HSBC Electronic Data Processing 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 10+ HSBC Electronic Data Processing employees in India.

What is the estimated take home salary of a IT Analyst at HSBC Electronic Data Processing in India?

The estimated take-home salary of a IT Analyst at HSBC Electronic Data Processing in India typically ranges from ₹29,576 to ₹30,897 per month. This is based on the average salary range of ₹2.1 Lakhs to ₹5.2 Lakhs per year for employees with experience ranging from 2 years to 12 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 10+ salaries received from various employees of HSBC Electronic Data Processing. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HSBC Electronic Data Processing for IT Analyst in India?

Bank of America	₹9.1 Lakhs to ₹17.2 Lakhs per year
Barclays	₹6.1 Lakhs to ₹21.6 Lakhs per year
NatWest Group	₹4.8 Lakhs to ₹16.7 Lakhs per year
Deutsche Bank	₹6.2 Lakhs to ₹15.0 Lakhs per year
IndusInd Bank	₹3.0 Lakhs to ₹10.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Electronic Data Processing, depending on the role and experience level.

What is the salary of a IT Analyst in companies similar to HSBC Electronic Data Processing in India?

The salary of a IT Analyst at companies similar to HSBC Electronic Data Processing in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Standard Chartered

₹3.8 Lakhs to ₹7.5 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 IT Analyst at HSBC Electronic Data Processing in India?

The salary growth for a IT Analyst at HSBC Electronic Data Processing depends on factors such as experience, performance, and promotions. On average, a IT Analyst can expect the following growth trajectory at HSBC Electronic Data Processing:

Experience	Average Salary Range
2 years	₹2.5 Lakhs to ₹7.0 Lakhs per year
3 years	₹2.5 Lakhs to ₹7.1 Lakhs per year
4 years	₹3.5 Lakhs to ₹7.1 Lakhs per year
5 years	₹2.8 Lakhs to ₹7.1 Lakhs per year

and so on.

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HSBC Electronic Data Processing IT Analyst Salaries

HSBC Electronic Data Processing IT Analyst salary in India ranges between ₹2.1 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 HSBC Electronic Data Processing latest salaries received from various employees of HSBC Electronic Data Processing.