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HSBC Group Assistant Manager salaries in Mumbai (Updated 2025)

Annual salary range
0 - 14 years exp.
₹4 Lakhs - ₹12.5 Lakhs
Salary of majority employees
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Fixed (90%)
₹7.6 Lakhs
Variable (10%)
₹0.8 Lakh
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At par with the average Assistant Manager Salary in Financial Services Companies for 0 - 14 years of experience

Interested in this particular role? 9 job openings

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
1 - 14 years exp. (30 salaries)
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₹3.7 L/yr - ₹12.5 L/yr

Finance & Accounting
Assistant Manager Salary
0 - 12 years exp. (25 salaries)
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₹5 L/yr - ₹13.6 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
1 - 12 years exp. (23 salaries)
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₹4 L/yr - ₹11 L/yr

Risk Management & Compliance
Assistant Manager Salary
0 - 14 years exp. (6 salaries)
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₹6.6 L/yr - ₹11 L/yr

Data Science & Analytics
Assistant Manager Salary
2 - 10 years exp. (3 salaries)
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₹7.5 L/yr - ₹12 L/yr

Last Updated: 22 Mar 2025

Companies similar to HSBC Group for Assistant Manager in Mumbai

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HSBC Group Assistant Manager Salary

0 - 14 years exp. (125 salaries)

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₹4 L/yr - ₹12.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Citicorp Assistant Manager Salary

1 - 17 years exp. (1.1k salaries)

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₹6.5 L/yr - ₹20 L/yr

arrow icon 60% more
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BNP Paribas Assistant Manager Salary

5 - 15 years exp. (616 salaries)

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₹6.5 L/yr - ₹24.2 L/yr

arrow icon 72% more
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₹2.3 L/yr - ₹9 L/yr

arrow icon 31% less
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Marsh McLennan Assistant Manager Salary

1 - 12 years exp. (175 salaries)

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₹5.1 L/yr - ₹18 L/yr

arrow icon 36% more
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Aditya Birla Capital Assistant Manager Salary

0 - 8 years exp. (71 salaries)

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₹2.7 L/yr - ₹8 L/yr

arrow icon 43% less
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₹7.5 L/yr - ₹19.7 L/yr

arrow icon 35% more
1 job opening
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Bnp Paribas Securities Assistant Manager Salary

5 - 14 years exp. (38 salaries)

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₹6 L/yr - ₹17.4 L/yr

arrow icon 28% more
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American Express Assistant Manager Salary

2 - 8 years exp. (28 salaries)

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₹12.3 L/yr - ₹36 L/yr

arrow icon 239% more
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JPMorgan Chase & Co. Assistant Manager Salary

5 - 14 years exp. (27 salaries)

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₹6.3 L/yr - ₹17 L/yr

arrow icon 58% more
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RBL FinServe Assistant Manager Salary

0 - 11 years exp. (27 salaries)

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₹2.8 L/yr - ₹5 L/yr

arrow icon 51% less
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Morgan Stanley Assistant Manager Salary

6 - 13 years exp. (26 salaries)

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₹7 L/yr - ₹20.8 L/yr

arrow icon 52% more
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UBS Assistant Manager Salary

4 - 12 years exp. (20 salaries)

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₹8.3 L/yr - ₹18 L/yr

arrow icon 61% more
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HDFC Sales Assistant Manager Salary

0 - 14 years exp. (13 salaries)

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₹3 L/yr - ₹10.4 L/yr

arrow icon 23% less
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₹3.2 L/yr - ₹7 L/yr

arrow icon 42% less
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Aon Assistant Manager Salary

1 - 8 years exp. (10 salaries)

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₹5.3 L/yr - ₹11.2 L/yr

arrow icon 7% less
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IDFC FIRST Bharat Assistant Manager Salary

2 - 8 years exp. (10 salaries)

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₹3.6 L/yr - ₹4.8 L/yr

arrow icon 48% less
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Karvy DigiKonnect Assistant Manager Salary

8 - 12 years exp. (4 salaries)

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₹3.3 L/yr - ₹5.2 L/yr

arrow icon 46% less
Assistant Manager salary at HSBC Group ranges between ₹4 Lakhs to ₹12.5 Lakhs per year for employees with less than 1 year of experience to 14 years. Salary estimates are based on 125 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Assistant Manager in Mumbai

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Experience wise HSBC Group Assistant Manager salaries in Mumbai

Last Updated: 22 Mar 2025

Experience Avg Annual Salary
Fresher  (5 salaries)

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₹6.6 L/yr - ₹11 L/yr
1 year  (7 salaries)

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₹4.5 L/yr - ₹9.9 L/yr
2 years  (9 salaries)

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₹4.6 L/yr - ₹13 L/yr
3 years  (16 salaries)

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₹4.2 L/yr - ₹12.5 L/yr
4 years  (7 salaries)

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₹5.1 L/yr - ₹14 L/yr
View all

Similar Designation salaries in HSBC Group

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₹8.05 L/yr - ₹18 L/yr

Top skills at HSBC Group for Assistant Manager

Private Banking Auditing Software Asset Management Wealth Management Personal Banking

Salary related reviews for HSBC Group

3.8

Rated by 13 employees for salary & benefits

Full Time

 · 

IT & Information Security Department

2.0
  •  posted on 13 Mar 2025

1.0
 for  Salary and Benefits

Likes

Few colleagues are the best

Dislikes

No upturn in career, No promotion until you say yes for everything, no proper hike and bonus, company giving honey, money control is only for big bees such a Bad policy in all the way. Majorly bad on leave policy, , micromanagement, big bees like to bother offshore and enjoy, it's only for big bees flexible, no money given for extra miles you spend for company, No learning curve and push you to resign your job yourself directly in performance call

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

BFSI, Investments & Trading Department

1.0
  •  posted on 08 Aug 2023

1.0
 for  Salary and Benefits

Likes

The job security is very good in HSBC. You are not easily fired out of the company even if you are a low performer consistently from years.

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  • Job security - Good

Dislikes

The salaries and pay package is not as per market standards and more over the growth in the company is like a turtle. The hard work what we do goes in vain and smart workers will climb up the ladder

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  • Salary - Bad
  • +5 more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 14 Jun 2022

5.0
 for  Salary and Benefits

Likes

... talent and learn the work environment is good the management is supportive too. Pay and salary hikes are reasonable depends on individuals performance though. Have worked here for 4+ years it's a comfortable environment.

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  • Salary - Excellent
  • +6 more

Dislikes

Yes there are opportunities but career growth is slow given management is not very supportive on IJP (Internal Job Posting) for eligible candidates. Lacks transperency.

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Data Science & Analytics Department

4.0
  •  posted on 08 Apr 2021

3.0
 for  Salary and Benefits

Likes

Diversity of people working here. Higher leadership is quite involved and approachable. Job Security. Brand that is based on values, delivery and execution. Diversity of work and ability to move across.

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  • Skill development - Excellent
  • +4 more

Dislikes

...zation which takes time to roll but once it rolls it scales up pretty quickly. Last two years have not be good hence bonuses and compensation are not up to mark.

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Customer Success, Service & Operations Department

2.0
  •  posted on 24 Oct 2018

3.0
 for  Salary and Benefits

Likes

Pay wise they are good compared to others in Chennai for an banking captive bpo

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Dislikes

Work pressure..and historical system having enough issues which cannot be handled by new system and hence lot of manual stuff

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  • Skill development - Poor
  • +3 more
see more salary related reviews

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HSBC Group Assistant Manager Salary FAQs

What is the salary of Assistant Manager at HSBC Group in Mumbai?
The average salary of a Assistant Manager at HSBC Group in Mumbai typically ranges from ₹4.0 Lakhs to ₹12.5 Lakhs per year, depending on experience (from Fresher to 14 years).

The top 10% of Assistant Manager in Mumbai at HSBC Group earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹14.0 Lakhs per year. Assistant Manager Salaries at HSBC Group 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 100+ HSBC Group employees in India.
What is the estimated take home salary of a Assistant Manager at HSBC Group in Mumbai?
The estimated take-home salary of a Assistant Manager at HSBC Group in Mumbai typically ranges from ₹61,816 to ₹63,384 per month. This is based on the average salary range of ₹4.0 Lakhs to ₹12.5 Lakhs per year for employees with experience ranging from Fresher 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 100+ salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Assistant Manager at HSBC Group in Mumbai?
To be a Assistant Manager at HSBC Group in Mumbai, the key skills required include:

  • - Private Banking
  • - Auditing
  • - Software Asset Management
  • - Wealth Management
  • - Personal Banking

These skills are highly valued at HSBC Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HSBC Group for Assistant Manager in India?
American Express ₹12.3 Lakhs to ₹36.0 Lakhs per year
BNP Paribas ₹6.5 Lakhs to ₹24.2 Lakhs per year
UBS ₹8.3 Lakhs to ₹18.0 Lakhs per year
Citicorp ₹6.5 Lakhs to ₹20.0 Lakhs per year
JPMorgan Chase & Co. ₹6.3 Lakhs to ₹17.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Group, depending on the role and experience level.
What is the salary of a Assistant Manager in companies similar to HSBC Group in Mumbai?
The salary of a Assistant Manager at companies similar to HSBC Group in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Morgan Stanley ₹7.0 Lakhs to ₹20.8 Lakhs per year
Marsh McLennan ₹5.1 Lakhs to ₹18.0 Lakhs per year
State Street Corporation ₹7.5 Lakhs to ₹19.7 Lakhs per year
Bnp Paribas Securities ₹6.0 Lakhs to ₹17.4 Lakhs per year
Aon ₹5.3 Lakhs to ₹11.2 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 Assistant Manager at HSBC Group in Mumbai?
The salary growth for a Assistant Manager at HSBC Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Manager in Mumbai can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
Fresher ₹6.6 Lakhs to ₹11.0 Lakhs per year
1 year ₹4.5 Lakhs to ₹9.9 Lakhs per year
2 years ₹4.6 Lakhs to ₹13.0 Lakhs per year
3 years ₹4.2 Lakhs to ₹12.5 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group Assistant Manager salary in Mumbai ranges between ₹4 Lakhs to ₹12.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 125 HSBC Group latest salaries received from various employees of HSBC Group.