HSBC Group Associate Salaries by 300+ Employees (Updated 2025)

1 - 10 years exp.

₹7.1 Lakhs - ₹18 Lakhs

Salary of majority employees

34% more than the average Associate Salary in Financial Services Companies for 1 - 10 years of experience

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Salaries in different departments

Finance & Accounting Associate Salary 1 - 10 years exp. (85 salaries)	₹7.6 L/yr - ₹18 L/yr
BFSI, Investments & Trading Associate Salary 1 - 10 years exp. (70 salaries)	₹7.3 L/yr - ₹18 L/yr
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Customer Success, Service & Operations Associate Salary 1 - 10 years exp. (51 salaries)	₹5.3 L/yr - ₹12.3 L/yr
Risk Management & Compliance Associate Salary 1 - 7 years exp. (25 salaries)	₹4.5 L/yr - ₹16.8 L/yr
Data Science & Analytics Associate Salary 1 - 10 years exp. (10 salaries)	₹4.6 L/yr - ₹18 L/yr

Last Updated: 15 Feb 2025

Companies similar to HSBC Group for Associate

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Associate Salary 1 - 13 years exp. (139 salaries)	₹7.8 L/yr - ₹32.1 L/yr 77% more
Deutsche Bank Associate Salary 2 - 15 years exp. (4.8k salaries)	₹8.8 L/yr - ₹35 L/yr 94% more	41 job openings
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Barclays Associate Salary 2 - 10 years exp. (59 salaries)	₹13.1 L/yr - ₹26.7 L/yr 59% more
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (10.2k salaries)	₹10.2 L/yr - ₹36 L/yr 139% more	49 job openings
Goldman Sachs Associate Salary 2 - 9 years exp. (2.5k salaries)	₹10.5 L/yr - ₹40 L/yr 135% more	1 job opening
Morgan Stanley Associate Salary 0 - 11 years exp. (3.1k salaries)	₹5.2 L/yr - ₹20 L/yr 16% more	1 job opening
ICICI Bank Associate Salary 0 - 5 years exp. (116 salaries)	₹1.1 L/yr - ₹5.5 L/yr 71% less
Axis Bank Associate Salary 0 - 8 years exp. (57 salaries)	₹1.8 L/yr - ₹5 L/yr 69% less
Kotak Mahindra Bank Associate Salary 0 - 6 years exp. (1k salaries)	₹1.1 L/yr - ₹4.2 L/yr 75% less
State Street Corporation Associate Salary 0 - 5 years exp. (1.4k salaries)	₹2 L/yr - ₹7.5 L/yr 60% less
BNY Associate Salary 0 - 11 years exp. (957 salaries)	₹3.5 L/yr - ₹14.6 L/yr 16% less	16 job openings
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BNP Paribas Associate Salary 0 - 5 years exp. (807 salaries)	₹2 L/yr - ₹8 L/yr 52% less
Wells Fargo Associate Salary 0 - 6 years exp. (253 salaries)	₹2.1 L/yr - ₹10 L/yr 44% less	2 job openings
Marsh McLennan Associate Salary 0 - 5 years exp. (228 salaries)	₹1.8 L/yr - ₹4.1 L/yr 70% less
Bnp Paribas Securities Associate Salary 0 - 3 years exp. (166 salaries)	₹2.4 L/yr - ₹5.5 L/yr 63% less
State Bank of India Associate Salary 1 - 7 years exp. (146 salaries)	₹3 L/yr - ₹10 L/yr 34% less
Citicorp Associate Salary 0 - 10 years exp. (178 salaries)	₹7.7 L/yr - ₹25 L/yr 45% more
UBS Associate Salary 1 - 10 years exp. (116 salaries)	₹6.5 L/yr - ₹20.2 L/yr 22% more
HDFC Bank Associate Salary 0 - 6 years exp. (63 salaries)	₹1.5 L/yr - ₹8 L/yr 68% less
IndusInd Bank Associate Salary 2 - 8 years exp. (33 salaries)	₹1.5 L/yr - ₹7.5 L/yr 62% less

View all

Associate salary at HSBC Group ranges between ₹7.1 Lakhs to ₹18 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 354 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Associate salaries

Last Updated: 15 Feb 2025

Experience	Avg Annual Salary
1 year (47 salaries)	₹2.3 L/yr - ₹11.3 L/yr
2 years (44 salaries)	₹3.2 L/yr - ₹13.2 L/yr
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3 years (65 salaries)	₹3.8 L/yr - ₹15 L/yr
4 years (55 salaries)	₹3.8 L/yr - ₹15.3 L/yr
5 years (49 salaries)	₹4 L/yr - ₹17 L/yr
6 years (44 salaries)	₹4.2 L/yr - ₹16.7 L/yr
7 years (17 salaries)	₹4.5 L/yr - ₹19.9 L/yr
8 years (14 salaries)	₹5.2 L/yr - ₹21.3 L/yr
9 years (7 salaries)	₹5 L/yr - ₹18.5 L/yr
10 years (12 salaries)	₹5.3 L/yr - ₹18 L/yr

View all

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Top skills at HSBC Group for Associate

Analytical Chemistry Computer Networking Banking Revenue Generation Mergers

Salary related reviews for HSBC Group

3.3

Rated by 57 employees for salary & benefits

Senior Associate in Bangalore / Bengaluru

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.

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.

Software Engineer in Pune

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

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

Salary - Bad

+2 more

Senior Software Engineer in Hyderabad / Secunderabad

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

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

Salary - Poor

+1 more

Senior Software Engineer in Yerwada, Pune

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.

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.

Skill development - Poor

Software Engineer in Maharashtra

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.

Salary - Poor

+5 more

see more salary related reviews

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What people are saying about HSBC Group

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a senior business analyst

HSBC GSC Pune

Hi folks, need a help with a decision. Does HSBC GSC allows work from Pune location. I have got an offer for Bengaluru. Any flexibility to work from Pune location? First level of understanding i got is that they don’t have GSC offices in Pune. Can someone throw some light? Thanks in advance.

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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 ₹7.1 Lakhs to ₹18.0 Lakhs for experience between 1 years to 10 years. According to our estimates it is 34% more than the average Associate Salary in India. Salary estimates are based on 354 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 34% 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?

JPMorgan Chase & Co. Associate Salary - ₹10.2 Lakhs to ₹36.0 Lakhs per year
Goldman Sachs Associate Salary - ₹10.5 Lakhs to ₹40.0 Lakhs per year
Deutsche Bank Associate Salary - ₹8.8 Lakhs to ₹35.0 Lakhs per year
Standard Chartered Associate Salary - ₹7.8 Lakhs to ₹32.1 Lakhs per year
Barclays Associate Salary - ₹13.1 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 - ₹7.7 Lakhs to ₹25.0 Lakhs per year
UBS Associate Salary - ₹6.5 Lakhs to ₹20.2 Lakhs per year
Morgan Stanley Associate Salary - ₹5.2 Lakhs to ₹20.0 Lakhs per year
American Express Associate Salary - ₹10.2 Lakhs to ₹10.5 Lakhs per year
BNY Associate Salary - ₹3.5 Lakhs to ₹14.6 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 ₹73,218 per month to ₹75,108 per month in India. The take-home salary calculation is based on the average HSBC Group Associate salary in India which ranges between ₹7.1 Lakhs to ₹18.0 Lakhs per year for employees with experience between 1 years to 10 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, 32% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 176 responses on AmbitionBox in last 2 years.

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HSBC Group Associate Salaries

HSBC Group Associate salary in India ranges between ₹7.1 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 354 HSBC Group latest salaries received from various employees of HSBC Group.