HSBC Electronic Data Processing Chennai Senior Associate Salaries by 5 Employees

10 - 14 years exp.

₹4.5 Lakhs - ₹8.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

22% less than the average Senior Associate Salary in Banking Companies for 10 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Associate Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹8.4 L/yr
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Customer Success, Service & Operations Senior Associate Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹7.1 L/yr

Last Updated: 17 Mar 2023

Companies similar to HSBC Electronic Data Processing for Senior Associate in Chennai

HSBC Electronic Data Processing Senior Associate Salary

10 - 14 years exp. (5 salaries)

₹4.5 L/yr - ₹8.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Associate Salary 2 - 8 years exp. (70 salaries)	₹2.1 L/yr - ₹6.5 L/yr 31% less
NatWest Group Senior Associate Salary 4 - 13 years exp. (31 salaries)	₹4 L/yr - ₹14.8 L/yr 26% more
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Barclays Senior Associate Salary 3 - 10 years exp. (21 salaries)	₹3.6 L/yr - ₹11.7 L/yr 14% more
Equitas Small Finance Bank Senior Associate Salary 3 - 9 years exp. (7 salaries)	₹2.5 L/yr - ₹7 L/yr 45% less
HSBC Bank Senior Associate Salary 6 - 9 years exp. (6 salaries)	₹3 L/yr - ₹5.2 L/yr 28% less
Yes Bank Senior Associate Salary 3 - 6 years exp. (5 salaries)	₹3 L/yr - ₹5 L/yr 49% less
RBS Group Senior Associate Salary 4 - 8 years exp. (4 salaries)	₹4.5 L/yr - ₹6.1 L/yr 32% less
Bank of America Senior Associate Salary 3 - 6 years exp. (4 salaries)	₹3.7 L/yr - ₹5.4 L/yr 36% less
Jana Small Finance Bank Senior Associate Salary 2 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 62% less

Senior Associate salary at HSBC Electronic Data Processing ranges between ₹4.5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 10 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Electronic Data Processing.

Experience wise HSBC Electronic Data Processing Senior Associate salaries in Chennai

Last Updated: 17 Mar 2023

Experience	Avg Annual Salary
10 years (3 salaries)	₹4.5 L/yr - ₹13.5 L/yr
11 years (AmbitionBox Estimate)	₹7 L/yr - ₹8.9 L/yr
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12 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.5 L/yr
14 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr

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Associate Vice President Salary

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Assistant Manager Operations Salary

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Salary related reviews for HSBC Electronic Data Processing

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.

Assistant Vice President in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 11 Aug 2024

3.0

for Salary and Benefits

Likes

Good work life balance. Provides global financial experience and outlook. Quality of work can vary depending on the team. There are teams with really mundane work where others have high quality work. Liberal respectful culture.

Skill development - Good

+4 more

Dislikes

Nothing to dislike very much. But salary is typically just about median in many cases lower vs the industry. Designation and salary growth is typically slow.

Associate in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

5.0

• posted on 28 May 2022

5.0

for Salary and Benefits

Likes

Best company, it gives opportunity to learn, compensation is according to market standards (unless ur salary is already low, then depends how u negotiate it), best speak up culture, people are treated fairly and with dignity, work life balance: one of the best. Hsbc has many learning tools like LinkedIn learning etc. Very good health insurance (may differ department to department).

Salary - Excellent

+6 more

Dislikes

Transport facility is not as good as other comanies has but this may be because habc has very good numbers of employees. No child education support for men employee.

KYC Analyst in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

4.0

• posted on 12 Sep 2020

4.0

for Salary and Benefits

Likes

They have provided WFH facilities and company laptops. Giving reimbursement on furnitures and UPS at home.

Salary - Good

+5 more

Dislikes

... don't join this, it will really make u suffer. You will feel like running away. Salary is very less and expectations from u are like vice President. Work life balance is not there. Ànd trust me if you want a peaceful life then don't take this job. If any how you get here then just leave in one year only. Only work work and work, no other activities. You have to pay for each every thing team lunch, team dinner and any team outing. Nothing is financed by company.

Work satisfaction - Poor

see more salary related reviews

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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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HSBC Electronic Data Processing Senior Associate Salary FAQs

What is the salary of Senior Associate at HSBC Electronic Data Processing in Chennai?

The average salary of a Senior Associate at HSBC Electronic Data Processing in Chennai typically ranges from ₹4.5 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 10 years to 14 years).

The top 10% of Senior Associate in Chennai at HSBC Electronic Data Processing earn more than ₹5.7 Lakhs per year, and the top 1% earn over ₹5.7 Lakhs per year. Senior Associate 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 5 HSBC Electronic Data Processing employees in India.

What is the estimated take home salary of a Senior Associate at HSBC Electronic Data Processing in Chennai?

The estimated take-home salary of a Senior Associate at HSBC Electronic Data Processing in Chennai typically ranges from ₹53,350 to ₹54,679 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 10 years to 14 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 5 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 Senior Associate in India?

NatWest Group	₹4.0 Lakhs to ₹14.8 Lakhs per year
Barclays	₹3.6 Lakhs to ₹11.7 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 Senior Associate in companies similar to HSBC Electronic Data Processing in Chennai?

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

HSBC Bank	₹3.0 Lakhs to ₹5.2 Lakhs per year
Standard Chartered	₹2.1 Lakhs to ₹6.5 Lakhs per year
RBS Group	₹4.5 Lakhs to ₹6.1 Lakhs per year
Bank of America	₹3.7 Lakhs to ₹5.4 Lakhs per year
Equitas Small Finance Bank	₹2.5 Lakhs to ₹7.0 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 Senior Associate at HSBC Electronic Data Processing in Chennai?

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

Experience	Average Salary Range
10 years	₹4.5 Lakhs to ₹13.5 Lakhs per year
11 years	₹7.0 Lakhs to ₹8.9 Lakhs per year
12 years	₹7.2 Lakhs to ₹9.2 Lakhs per year
13 years	₹7.5 Lakhs to ₹9.5 Lakhs per year

and so on.

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HSBC Electronic Data Processing Senior Associate Salaries in Chennai

HSBC Electronic Data Processing Senior Associate salary in Chennai ranges between ₹4.5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Electronic Data Processing latest salaries received from various employees of HSBC Electronic Data Processing.