HSBC Global Banking and Markets Software Developer Salaries by 6 Employees

1 - 8 years exp.

₹9.5 Lakhs - ₹25 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

88% more than the average Software Developer Salary in Banking Companies for 1 - 8 years of experience

Interested in this particular role?

Last Updated: 14 Mar 2023

Companies similar to HSBC Global Banking and Markets for Software Developer

Company name	Avg Annual Salary	Open Jobs
Barclays Software Developer Salary 0 - 6 years exp. (428 salaries)	₹8 L/yr - ₹23 L/yr At par
Standard Chartered Software Developer Salary 1 - 10 years exp. (195 salaries)	₹16 L/yr - ₹24.8 L/yr 2% more
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Bank of America Software Developer Salary 0 - 10 years exp. (184 salaries)	₹6 L/yr - ₹24.6 L/yr 7% less
NatWest Group Software Developer Salary 1 - 12 years exp. (104 salaries)	₹8.5 L/yr - ₹30 L/yr 16% more
Deutsche Bank Software Developer Salary 0 - 5 years exp. (109 salaries)	₹9 L/yr - ₹25 L/yr 15% more
IDFC FIRST Bank Software Developer Salary 0 - 5 years exp. (63 salaries)	₹7 L/yr - ₹25 L/yr 3% more
Kotak Mahindra Bank Software Developer Salary 1 - 6 years exp. (41 salaries)	₹8.7 L/yr - ₹29.4 L/yr 12% more
IndusInd Bank Software Developer Salary 1 - 8 years exp. (20 salaries)	₹5 L/yr - ₹17 L/yr 40% less
AU Small Finance Bank Software Developer Salary 1 - 5 years exp. (21 salaries)	₹4.5 L/yr - ₹12.5 L/yr 54% less
ANZ Banking Group Software Developer Salary 0 - 12 years exp. (11 salaries)	₹4.6 L/yr - ₹15.5 L/yr 32% less
NatWest Markets Software Developer Salary 0 - 12 years exp. (8 salaries)	₹6.5 L/yr - ₹17 L/yr 22% less
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IDBI Bank Software Developer Salary 0 - 9 years exp. (6 salaries)	₹3.3 L/yr - ₹10.5 L/yr 53% less
Equitas Small Finance Bank Software Developer Salary 1 year exp. (6 salaries)	₹3.2 L/yr - ₹6 L/yr 72% less
Yes Bank Software Developer Salary 1 - 6 years exp. (16 salaries)	₹9.2 L/yr - ₹15.3 L/yr 23% less
Federal Bank Software Developer Salary 0 - 1 year exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 77% less
Jana Small Finance Bank Software Developer Salary 1 - 5 years exp. (3 salaries)	₹5.9 L/yr - ₹8 L/yr 58% less

Software Developer salary at HSBC Global Banking and Markets ranges between ₹9.5 Lakhs to ₹25 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 6 latest salaries received from various employees of HSBC Global Banking and Markets.

Experience wise HSBC Global Banking and Markets Software Developer salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹9.5 L/yr - ₹9.5 L/yr
2 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹9.5 L/yr
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3 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13 L/yr
4 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹16 L/yr
5 years (AmbitionBox Estimate)	₹16 L/yr - ₹29.9 L/yr
6 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
7 years (AmbitionBox Estimate)	₹19.7 L/yr - ₹25.2 L/yr
8 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹25 L/yr

View all

Similar Designation salaries in HSBC Global Banking and Markets

Senior Software Developer Salary

(3 salaries)

₹10.3 L/yr - ₹25.5 L/yr

Software Engineer Salary

(20 salaries)

₹5 L/yr - ₹10.35 L/yr

Senior Software Engineer Salary

(42 salaries)

₹8 L/yr - ₹20 L/yr

Lead Engineer Salary

(AmbitionBox Estimate)

₹56.5 L/yr - ₹62.5 L/yr

Team Lead Salary

(3 salaries)

₹6.15 L/yr - ₹7 L/yr

Senior Associate Salary

(84 salaries)

₹4.82 L/yr - ₹20.45 L/yr

Senior Consultant Salary

(4 salaries)

₹15.5 L/yr - ₹25 L/yr

Technical Lead Salary

(AmbitionBox Estimate)

₹14.4 L/yr - ₹18.4 L/yr

Associate Software Engineer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Technology Analyst Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Salary related reviews for HSBC Global Banking and Markets

4.0

Rated by 1 employees for salary & benefits

Associate in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 22 Oct 2024

4.0

for Salary and Benefits

Likes

Things which I liked -: Professionalism Annual Bonus Annual leaves Lot's of data handling (not that much like though) Things which I liked but didn't show any expression outside 😆 -: Acting of the assigned manager 🤪. Manager is a drama king / queen. I enjoy the acting on a daily basis which motivates me to work here.

Salary - Good

+3 more

Dislikes

Things that I disliked -: 1. Job 2. No free / subsidised food 3. Company policies are a ton of shit. Too much regulation and restrictions. Feels like working inside a jail 😖 Things that I disliked the most -: The manager that was assigned. Too much acting, drama , childish behaviour. Expects employee to behave professionally but doesn't behave professionally with the employees assigned to him/her. But again, it is this acting which motivates me to interact with my manager daily and stay in this job. Really an awesome experience within a bank where there aren't any recreational activities across the floors. Only work , work and work 😞.

Skill development - Poor

+1 more

Assistant Manager in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 30 Apr 2021

4.0

for Salary and Benefits

Likes

Working with HSBC gives you reasonable work life balance. They are focusing on skills and development of their employees. The higher management seems cool and we can express ourselves to our managers. The work culture is also good and i have noticed that most of the employees working in my department worked with the company for a long time which shows it is capable of managing people better.

Salary - Good

+5 more

Dislikes

...again through the interview process for getting a higher position in any team. The salary is depend on your last drawn CTC and hike on yearly basis is not that much.

Assistant Manager in Kolkata

BFSI, Investments & Trading Department

4.0

• posted on 13 Aug 2021

4.0

for Salary and Benefits

Likes

Management addresses concerns of employees atleast, everybody is allowed to speakup..these things are more appreciated.

Salary - Good

+5 more

Dislikes

Like most of the companies they dont raise the pay enough, even one cant beat the inflation.

Pricing Manager in Bangalore / Bengaluru

Customer Success, Service & Operations Department

5.0

• posted on 22 Mar 2018

4.0

for Salary and Benefits

Likes

HSBC is stands first in terms of work culture ..I love the fact that I am a part of this global organisation who has high quality products and has a global client base ,the fact is I am working with the company which is reliable in terms of growth and job security .people coming from various cultural backgrounds work happily in collaboration.

Salary - Good

+6 more

Dislikes

Compensation is not up to the company standards

Senior Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

4.0

• posted on 12 Dec 2024

4.0

for Salary and Benefits

Likes

The culture and free hand given to try out things. Responsibility is given at an early stage to lead meetings and come up with ideas to execute in new projects.

Salary - Good

+4 more

Dislikes

Promotion cycle is not good. They have no transparency. The scope to learn more in analytics is limited as HSBC is a bank and they have legacy systems are the major senior stakeholders are not very interested in the latest technologies and innovations.

see more salary related reviews

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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 Global Banking and Markets Software Developer Salary FAQs

What is the salary of Software Developer at HSBC Global Banking and Markets ?

The average salary of a Software Developer at HSBC Global Banking and Markets in India typically ranges from ₹9.5 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 1 year to 8 years).

The top 10% of Software Developer at HSBC Global Banking and Markets earn more than ₹24.1 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Software Developer Salaries at HSBC Global Banking and Markets 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 6 HSBC Global Banking and Markets employees in India.

What is the estimated take home salary of a Software Developer at HSBC Global Banking and Markets in India?

The estimated take-home salary of a Software Developer at HSBC Global Banking and Markets in India typically ranges from ₹1,08,366 to ₹1,11,357 per month. This is based on the average salary range of ₹9.5 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 1 year to 8 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 6 salaries received from various employees of HSBC Global Banking and Markets. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HSBC Global Banking and Markets for Software Developer in India?

NatWest Group	₹8.5 Lakhs to ₹30.0 Lakhs per year
Deutsche Bank	₹9.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank	₹8.7 Lakhs to ₹29.4 Lakhs per year
IDFC FIRST Bank	₹7.0 Lakhs to ₹25.0 Lakhs per year
Standard Chartered	₹16.0 Lakhs to ₹24.8 Lakhs per year

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

What is the salary of a Software Developer in companies similar to HSBC Global Banking and Markets in India?

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

Barclays	₹8.0 Lakhs to ₹23.0 Lakhs per year
Bank of America	₹6.0 Lakhs to ₹24.6 Lakhs per year
NatWest Markets	₹6.5 Lakhs to ₹17.0 Lakhs per year
Yes Bank	₹9.2 Lakhs to ₹15.3 Lakhs per year
ANZ Banking Group	₹4.6 Lakhs to ₹15.5 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 Software Developer at HSBC Global Banking and Markets in India?

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

Experience	Average Salary Range
1 year	₹9.5 Lakhs to ₹9.5 Lakhs per year
2 years	₹9.5 Lakhs to ₹9.5 Lakhs per year
3 years	₹4.5 Lakhs to ₹13.0 Lakhs per year
4 years	₹5.6 Lakhs to ₹16.0 Lakhs per year

and so on.

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HSBC Global Banking and Markets Software Developer Salaries

HSBC Global Banking and Markets Software Developer salary in India ranges between ₹9.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HSBC Global Banking and Markets latest salaries received from various employees of HSBC Global Banking and Markets.