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HSBC Group Associate salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹3.9 Lakhs - ₹16 Lakhs
Salary of majority employees
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26% more than the average Associate Salary in Financial Services Companies for 1 - 8 years of experience

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Salaries in different departments

Finance & Accounting
Associate Salary
1 - 8 years exp. (82 salaries)
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₹8 L/yr - ₹17.3 L/yr

BFSI, Investments & Trading
Associate Salary
1 - 8 years exp. (65 salaries)
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₹7.4 L/yr - ₹14 L/yr

Customer Success, Service & Operations
Associate Salary
1 - 8 years exp. (50 salaries)
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₹2.4 L/yr - ₹12.3 L/yr

Risk Management & Compliance
Associate Salary
1 - 7 years exp. (26 salaries)
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₹3.9 L/yr - ₹16.5 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: 10 Mar 2025

Companies similar to HSBC Group for Associate

Company name Avg Annual Salary Open Jobs
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Standard Chartered Associate Salary

1 - 13 years exp. (146 salaries)

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₹7.8 L/yr - ₹30 L/yr

arrow icon 92% more
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Deutsche Bank Associate Salary

2 - 15 years exp. (4.8k salaries)

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₹8.9 L/yr - ₹34 L/yr

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39 job openings
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Barclays Associate Salary

2 - 10 years exp. (61 salaries)

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₹6.5 L/yr - ₹26.7 L/yr

arrow icon 70% more
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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (10.2k salaries)

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₹10.3 L/yr - ₹36 L/yr

arrow icon 154% more
60 job openings
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Goldman Sachs Associate Salary

1 - 9 years exp. (2.5k salaries)

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₹11 L/yr - ₹41 L/yr

arrow icon 154% more
25 job openings
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Morgan Stanley Associate Salary

0 - 11 years exp. (3.1k salaries)

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₹5.2 L/yr - ₹20.2 L/yr

arrow icon 25% more
1 job opening
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ICICI Bank Associate Salary

0 - 5 years exp. (119 salaries)

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₹1.1 L/yr - ₹8 L/yr

arrow icon 68% less
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Axis Bank Associate Salary

0 - 8 years exp. (57 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 67% less
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Kotak Mahindra Bank Associate Salary

0 - 6 years exp. (1k salaries)

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₹1.2 L/yr - ₹4.2 L/yr

arrow icon 73% less
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State Street Corporation Associate Salary

0 - 5 years exp. (1.4k salaries)

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₹2 L/yr - ₹7.5 L/yr

arrow icon 57% less
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BNY Associate Salary

0 - 10 years exp. (1k salaries)

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₹4.4 L/yr - ₹15 L/yr

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

0 - 5 years exp. (814 salaries)

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₹2 L/yr - ₹8 L/yr

arrow icon 48% less
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Wells Fargo Associate Salary

0 - 6 years exp. (252 salaries)

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₹2.1 L/yr - ₹10.2 L/yr

arrow icon 43% less
3 job openings
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Marsh McLennan Associate Salary

0 - 5 years exp. (225 salaries)

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₹1.8 L/yr - ₹4.1 L/yr

arrow icon 68% less
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Bnp Paribas Securities Associate Salary

0 - 3 years exp. (165 salaries)

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₹2.4 L/yr - ₹5.5 L/yr

arrow icon 60% less
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Citicorp Associate Salary

0 - 10 years exp. (176 salaries)

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₹7.9 L/yr - ₹25.9 L/yr

arrow icon 60% more
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State Bank of India Associate Salary

1 - 7 years exp. (147 salaries)

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₹3 L/yr - ₹11.4 L/yr

arrow icon 29% less
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UBS Associate Salary

1 - 10 years exp. (117 salaries)

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₹6.5 L/yr - ₹20.6 L/yr

arrow icon 36% more
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HDFC Bank Associate Salary

0 - 6 years exp. (67 salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 64% less
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IndusInd Bank Associate Salary

2 - 8 years exp. (33 salaries)

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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 59% less
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Associate salary at HSBC Group ranges between ₹3.9 Lakhs to ₹16 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 337 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: 10 Mar 2025

Experience Avg Annual Salary
1 year  (48 salaries)

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₹2.4 L/yr - ₹11.9 L/yr
2 years  (46 salaries)

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₹3.2 L/yr - ₹11.5 L/yr
3 years  (65 salaries)

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₹3.8 L/yr - ₹15.2 L/yr
4 years  (57 salaries)

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₹3.8 L/yr - ₹15 L/yr
5 years  (50 salaries)

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₹4 L/yr - ₹17 L/yr
View all

Similar Designation salaries in HSBC Group

Senior Associate Salary
(388 salaries)
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₹4.5 L/yr - ₹19 L/yr
Team Lead Salary
(96 salaries)
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₹6.93 L/yr - ₹26.45 L/yr
Technical Lead Salary
(42 salaries)
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₹9.8 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
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₹7.75 L/yr - ₹24 L/yr
System Engineer Salary
(16 salaries)
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₹3 L/yr - ₹6.8 L/yr
Java Developer Salary
(8 salaries)
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₹4.75 L/yr - ₹21.42 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

Analytical Chemistry Computer Networking Banking Revenue Generation Mergers
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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

read more
  • 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

read more
  • 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?
Associate salary at HSBC Group in India ranges between ₹3.9 Lakhs to ₹16.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 26% more than the average Associate Salary in India. Salary estimates are based on 337 latest salaries received from various employees of HSBC Group India.
How does the salary of a Associate at HSBC Group India compare with the average salary range for this job?
The average salary of a Associate at HSBC Group is 26% more than the average salary of a Associate in India. To know exact salary insights, login to view.
What are the top skills required to work as a Associate at HSBC Group?
Analytical Chemistry, Computer Networking, Banking, Revenue Generation and Mergers are some of the popular skills required to work as a Associate at HSBC Group India.
Which similar companies are paying more than HSBC Group to a Associate in India?
  • Goldman Sachs Associate Salary - ₹11.0 Lakhs to ₹41.0 Lakhs per year
  • JPMorgan Chase & Co. Associate Salary - ₹10.3 Lakhs to ₹36.0 Lakhs per year
  • Deutsche Bank Associate Salary - ₹8.9 Lakhs to ₹34.0 Lakhs per year
  • Standard Chartered Associate Salary - ₹7.8 Lakhs to ₹30.0 Lakhs per year
  • Barclays Associate Salary - ₹6.5 Lakhs to ₹26.7 Lakhs per year
What is the salary of a Associate in companies similar to HSBC Group in India?
  • Citicorp Associate Salary - ₹7.9 Lakhs to ₹25.9 Lakhs per year
  • UBS Associate Salary - ₹6.5 Lakhs to ₹20.6 Lakhs per year
  • Morgan Stanley Associate Salary - ₹5.2 Lakhs to ₹20.2 Lakhs per year
  • American Express Associate Salary - ₹9.5 Lakhs to ₹10.8 Lakhs per year
  • BNY Associate Salary - ₹4.4 Lakhs to ₹15.0 Lakhs per year
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 ranges between ₹69,031 per month to ₹70,804 per month in India. The take-home salary calculation is based on the average HSBC Group Associate salary in India which ranges between ₹3.9 Lakhs to ₹16.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Associate at HSBC Group?
According to AmbitionBox, 36% of the HSBC Group Associates reported a notice period of 2 Months, 30% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 177 responses on AmbitionBox in last 2 years.

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HSBC Group Associate salary in India ranges between ₹3.9 Lakhs to ₹16 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 337 HSBC Group latest salaries received from various employees of HSBC Group.