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HSBC Group

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HSBC Group Associate salaries in India (Updated 2025)

Annual salary range
0 - 8 years exp.
₹3.8 Lakhs - ₹15.6 Lakhs
Salary of majority employees
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18% more than the average Associate Salary in Financial Services Companies for 0 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Associate Salary
0 - 8 years exp. (84 salaries)
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₹4 L/yr - ₹17.1 L/yr

BFSI, Investments & Trading
Associate Salary
0 - 8 years exp. (67 salaries)
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₹6.7 L/yr - ₹14 L/yr

Customer Success, Service & Operations
Associate Salary
0 - 8 years exp. (54 salaries)
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₹2.4 L/yr - ₹9.3 L/yr

Risk Management & Compliance
Associate Salary
0 - 7 years exp. (28 salaries)
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₹4 L/yr - ₹15.9 L/yr

Data Science & Analytics
Associate Salary
1 - 5 years exp. (9 salaries)
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₹3.9 L/yr - ₹13.5 L/yr

Last Updated: 21 Mar 2025

Companies similar to HSBC Group for Associate

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (10.3k salaries)

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₹10 L/yr - ₹42 L/yr

arrow icon 168% more
57 job openings
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Morgan Stanley Associate Salary

0 - 11 years exp. (3.2k salaries)

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₹5.2 L/yr - ₹21 L/yr

arrow icon 34% more
1 job opening
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State Street Corporation Associate Salary

0 - 5 years exp. (1.5k salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 54% less
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BNY Associate Salary

0 - 10 years exp. (1k salaries)

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₹3.6 L/yr - ₹15 L/yr

arrow icon 2% less
8 job openings
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BNP Paribas Associate Salary

0 - 5 years exp. (832 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 45% less
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Wells Fargo Associate Salary

0 - 9 years exp. (291 salaries)

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₹2.7 L/yr - ₹13 L/yr

arrow icon 15% less
5 job openings
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Marsh McLennan Associate Salary

0 - 5 years exp. (220 salaries)

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₹1.8 L/yr - ₹4.8 L/yr

arrow icon 66% less
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Citicorp Associate Salary

0 - 10 years exp. (175 salaries)

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₹11 L/yr - ₹25.8 L/yr

arrow icon 69% more
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Bnp Paribas Securities Associate Salary

0 - 3 years exp. (167 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 57% less
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UBS Associate Salary

1 - 10 years exp. (126 salaries)

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₹6.5 L/yr - ₹21.5 L/yr

arrow icon 40% more
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American Express Associate Salary

0 - 5 years exp. (44 salaries)

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₹11.3 L/yr - ₹12.4 L/yr

arrow icon 32% more
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Aditya Birla Capital Associate Salary

0 - 6 years exp. (22 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 60% less
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Ford Motor Credit Company Associate Salary

2 - 7 years exp. (20 salaries)

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₹3.1 L/yr - ₹7.1 L/yr

arrow icon 39% less
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Aon Associate Salary

0 - 4 years exp. (11 salaries)

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₹1.8 L/yr - ₹8.8 L/yr

arrow icon 52% less
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Karvy DigiKonnect Associate Salary

0 - 4 years exp. (11 salaries)

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₹1.5 L/yr - ₹2.8 L/yr

arrow icon 78% less
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IDFC FIRST Bharat Associate Salary

0 - 4 years exp. (10 salaries)

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₹2 L/yr - ₹2.7 L/yr

arrow icon 74% less
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₹2.5 L/yr - ₹4.9 L/yr

arrow icon 54% less
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₹2 L/yr - ₹3.5 L/yr

arrow icon 69% less
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HDFC Sales Associate Salary

1 - 5 years exp. (6 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 71% less
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GE Capital Associate Salary

1 - 4 years exp. (4 salaries)

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₹2.1 L/yr - ₹3.2 L/yr

arrow icon 70% less
View all
Associate salary at HSBC Group ranges between ₹3.8 Lakhs to ₹15.6 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 357 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Associate

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Experience wise HSBC Group Associate salaries

Last Updated: 21 Mar 2025

Experience Avg Annual Salary
Fresher  (24 salaries)

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₹2 L/yr - ₹6.9 L/yr
1 year  (47 salaries)

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₹2.3 L/yr - ₹11.9 L/yr
2 years  (45 salaries)

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₹2.7 L/yr - ₹13 L/yr
3 years  (64 salaries)

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₹3.8 L/yr - ₹9.2 L/yr
4 years  (56 salaries)

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₹3.8 L/yr - ₹15.1 L/yr
View all

Similar Designation salaries in HSBC Group

Senior Associate Salary
(407 salaries)
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₹8.24 L/yr - ₹20 L/yr
Team Lead Salary
(95 salaries)
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₹6.92 L/yr - ₹26.5 L/yr
Technical Lead Salary
(37 salaries)
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₹11.4 L/yr - ₹33 L/yr
Lead Engineer Salary
(7 salaries)
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₹20 L/yr - ₹60.27 L/yr
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₹9 L/yr - ₹27 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
Senior Engineer Salary
(10 salaries)
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₹7.75 L/yr - ₹25 L/yr
System Engineer Salary
(16 salaries)
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₹3 L/yr - ₹6.8 L/yr
Java Developer Salary
(9 salaries)
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₹4.5 L/yr - ₹12 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr

Top skills at HSBC Group for Associate

Financial Modelling Analytical Chemistry Computer Networking Research Financial Markets

Salary related reviews for HSBC Group

3.2

Rated by 56 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  posted on 20 Oct 2023

3.0
 for  Salary and Benefits

Likes

I am impressed with my workplace which is mostly work from home. The atmosphere here is incredible supportive, fostering both personal and professional growth. The team is also like a family and make each day enjoyable.

read more
  • Skill development - Good
  • +5 more

Dislikes

In the like comment, I have mentioned that its Hybrid or majority work from home, the salary structure is kind of average. In the beginning we used to claim our internet bills. However, they removed the internet bill reimbursement policy recently. Hope we wish to get it back so that I could give 5 star for salary and benefits next time. Some people would laugh at this dislike but many would know.

read more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 11 Feb 2022

1.0
 for  Salary and Benefits

Likes

Work culture varies from team to team. HSBC is a bureaucratic mess. The management is clueless about what is happening and just throws around the latest buzzwords like a parrot There is a lot of scope to develop your skills and learn as there is no one here who knows anything and you yourself have to take up the initiative to do things

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  • Skill development - Good
  • +2 more

Dislikes

Compensation is poor There are no procedures in place to accomplish things but their feature list is too long, expectations are high and timelines are too tight

read more
  • Salary - Bad
  • +2 more

Engineering - Software & QA Department

3.0
  •  posted on 21 May 2022

2.0
 for  Salary and Benefits

Likes

Good Work Life balance Excellent paid leaves - 34 leaves + 10 sick leaves per year Good team collaboration Medical insurance covered Transport facility only for the localites

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  • Skill development - Excellent
  • +3 more

Dislikes

Highly structural and follow standards Pay hikes to be improved - very low compared to the market Struggle to get recognized over the departments - heavy politics No extra amenities provided

read more
  • Salary - Poor
  • +1 more

Engineering - Software & QA Department

3.0
  •  posted on 04 Mar 2022

5.0
 for  Salary and Benefits

Likes

...k Life Balance. Company policies are also good, appraisals are fair and decent. They also give bonus every year.

read more
  • Salary - Excellent
  • +3 more

Dislikes

As I was working in IT department of bank, the career growth is slow as IT is secondary to them. They are using lot of legacy technology and no one bother to adapt new. Job security is also not there at senior level and you could see pink slip if your role is redundant.

read more
  • Skill development - Poor

Engineering - Software & QA Department

2.0
  •  posted on 03 May 2021

2.0
 for  Salary and Benefits

Likes

The only thing that kept me going was job security. The work culture wasn't really good.

Dislikes

...ement sweet talks you every time you discuss an issue and it rarely gets solved. Salary was good but the yearly bonus/raise was meagre. Not much flexibility with the holiday plan, a lot of it depends on the team also, but overall work culture wasn't a good experience. If you value work satisfaction, welcoming culture, work life balance over salary then this place is not for you.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

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HSBC Group Associate Salary FAQs

What is the salary of Associate at HSBC Group ?
The average salary of a Associate at HSBC Group in India typically ranges from ₹3.8 Lakhs to ₹15.6 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Associate at HSBC Group earn more than ₹15.6 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Associate 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 300+ HSBC Group employees in India.
What is the estimated take home salary of a Associate at HSBC Group in India?
The estimated take-home salary of a Associate at HSBC Group in India typically ranges from ₹65,547 to ₹67,221 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹15.6 Lakhs per year for employees with experience ranging from Fresher 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 300+ 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 Associate at HSBC Group ?
To be a Associate at HSBC Group in india, the key skills required include:

  • - Financial Modelling
  • - Analytical Chemistry
  • - Computer Networking
  • - Research
  • - Financial Markets

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 Associate in India?
JPMorgan Chase & Co. ₹10.0 Lakhs to ₹42.0 Lakhs per year
Citicorp ₹11.0 Lakhs to ₹25.8 Lakhs per year
UBS ₹6.5 Lakhs to ₹21.5 Lakhs per year
Morgan Stanley ₹5.2 Lakhs to ₹21.0 Lakhs per year
American Express ₹11.3 Lakhs to ₹12.4 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 Associate in companies similar to HSBC Group in India?
The salary of a Associate at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNY ₹3.6 Lakhs to ₹15.0 Lakhs per year
Wells Fargo ₹2.7 Lakhs to ₹13.0 Lakhs per year
Ford Motor Credit Company ₹3.1 Lakhs to ₹7.1 Lakhs per year
BNP Paribas ₹2.0 Lakhs to ₹8.0 Lakhs per year
Aon ₹1.8 Lakhs to ₹8.8 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 Associate at HSBC Group in India?
The salary growth for a Associate at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Associate can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
Fresher ₹2.0 Lakhs to ₹6.9 Lakhs per year
1 year ₹2.3 Lakhs to ₹11.9 Lakhs per year
2 years ₹2.7 Lakhs to ₹13.0 Lakhs per year
3 years ₹3.8 Lakhs to ₹9.2 Lakhs per year
and so on.

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HSBC Group Associate salary in India ranges between ₹3.8 Lakhs to ₹15.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 357 HSBC Group latest salaries received from various employees of HSBC Group.