HSBC Group Associate Manager Salaries by 20+ Employees (Updated 2025)

3 - 13 years exp.

₹5 Lakhs - ₹19 Lakhs

Salary of majority employees

26% less than the average Associate Manager Salary in Financial Services Companies for 3 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Finance & Accounting Associate Manager Salary 4 - 13 years exp. (7 salaries)	₹6.9 L/yr - ₹19.9 L/yr
Customer Success, Service & Operations Associate Manager Salary 4 - 9 years exp. (4 salaries)	₹5 L/yr - ₹19.2 L/yr
Login to view exact salary
BFSI, Investments & Trading Associate Manager Salary 4 - 8 years exp. (3 salaries)	₹4.5 L/yr - ₹16.1 L/yr
Engineering - Software & QA Associate Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹15 L/yr

Last Updated: 8 Feb 2025

Companies similar to HSBC Group for Associate Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Associate Manager Salary 3 - 17 years exp. (2.3k salaries)	₹5.4 L/yr - ₹20 L/yr At par
ICICI Bank Associate Manager Salary 0 - 6 years exp. (37 salaries)	₹2.2 L/yr - ₹7.6 L/yr 65% less
Login to view exact salary
Axis Bank Associate Manager Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹5.1 L/yr 66% less
HDFC Bank Associate Manager Salary 0 - 11 years exp. (29 salaries)	₹2.5 L/yr - ₹6 L/yr 64% less
State Bank of India Associate Manager Salary 0 - 8 years exp. (5 salaries)	₹7 L/yr - ₹14 L/yr 8% less
Kotak Mahindra Bank Associate Manager Salary 1 - 8 years exp. (76 salaries)	₹1.4 L/yr - ₹5 L/yr 72% less
IndusInd Bank Associate Manager Salary 0 - 10 years exp. (1.1k salaries)	₹1.9 L/yr - ₹7 L/yr 64% less
Yes Bank Associate Manager Salary 0 - 9 years exp. (18 salaries)	₹2.4 L/yr - ₹6.5 L/yr 67% less
RBL Bank Associate Manager Salary 3 - 4 years exp. (5 salaries)	₹3 L/yr - ₹4.5 L/yr 68% less
JPMorgan Chase & Co. Associate Manager Salary 6 - 16 years exp. (705 salaries)	₹9.3 L/yr - ₹28 L/yr 51% more
Wells Fargo Associate Manager Salary 7 - 18 years exp. (122 salaries)	₹8 L/yr - ₹32.5 L/yr 67% more	3 job openings
Login to view exact salary
State Street Corporation Associate Manager Salary 7 - 16 years exp. (75 salaries)	₹7.5 L/yr - ₹19.2 L/yr 3% more
Cholamandalam Investment & Finance Associate Manager Salary 1 - 8 years exp. (79 salaries)	₹1.8 L/yr - ₹3.8 L/yr 76% less
Citicorp Associate Manager Salary 5 - 13 years exp. (52 salaries)	₹7 L/yr - ₹22 L/yr 28% more
BNP Paribas Associate Manager Salary 5 - 15 years exp. (34 salaries)	₹8 L/yr - ₹21.6 L/yr 6% more
Morgan Stanley Associate Manager Salary 5 - 10 years exp. (27 salaries)	₹9 L/yr - ₹15 L/yr 14% more
UBS Associate Manager Salary 4 - 12 years exp. (13 salaries)	₹12 L/yr - ₹25 L/yr 54% more
BNY Associate Manager Salary 6 - 20 years exp. (12 salaries)	₹9 L/yr - ₹16 L/yr 5% more
Aditya Birla Capital Associate Manager Salary 0 - 6 years exp. (7 salaries)	₹3.6 L/yr - ₹8.5 L/yr 47% less
American Express Associate Manager Salary 3 - 6 years exp. (6 salaries)	₹30 L/yr - ₹32.1 L/yr 175% more

View all

Associate Manager salary at HSBC Group ranges between ₹5 Lakhs to ₹19 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 27 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Associate Manager salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
3 years (3 salaries)	₹4 L/yr - ₹6.1 L/yr
4 years (4 salaries)	₹3.7 L/yr - ₹8 L/yr
Login to view exact salary
5 years (5 salaries)	₹5 L/yr - ₹8.8 L/yr
6 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
7 years (3 salaries)	₹6 L/yr - ₹18.6 L/yr
8 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹20.7 L/yr
9 years (4 salaries)	₹10 L/yr - ₹19.2 L/yr
10 years (4 salaries)	₹6.8 L/yr - ₹24.8 L/yr
11 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹19.9 L/yr

View all

Similar Designation salaries in HSBC Group

Project Manager Salary

(220 salaries)

₹11.95 L/yr - ₹46 L/yr

Technical Manager Salary

(9 salaries)

₹19.2 L/yr - ₹41.3 L/yr

Associate Consultant Salary

(6 salaries)

₹9 L/yr - ₹27 L/yr

Project Lead Salary

(6 salaries)

₹8.88 L/yr - ₹38.5 L/yr

Module Lead Salary

(4 salaries)

₹7.1 L/yr - ₹18 L/yr

Software Engineer Salary

(1.4k salaries)

₹4.99 L/yr - ₹14.43 L/yr

Test Lead Salary

(59 salaries)

₹4.5 L/yr - ₹14.5 L/yr

Technical Lead Salary

(37 salaries)

₹11.4 L/yr - ₹33 L/yr

Senior Engineer Salary

(9 salaries)

₹7.75 L/yr - ₹24 L/yr

Lead Engineer Salary

(7 salaries)

₹20 L/yr - ₹60.27 L/yr

Salary related reviews for HSBC Group

3.2

Rated by 6 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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

Got a question about HSBC Group?

Ask anonymously on communities.

HSBC Group Associate Manager Salary FAQs

What is the salary of Associate Manager at HSBC Group ?

The average salary of a Associate Manager at HSBC Group in India typically ranges from ₹5.0 Lakhs to ₹19.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Associate Manager at HSBC Group earn more than ₹19.0 Lakhs per year, and the top 1% earn over ₹27.1 Lakhs per year. Associate 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 20+ HSBC Group employees in India.

What is the estimated take home salary of a Associate Manager at HSBC Group in India?

The estimated take-home salary of a Associate Manager at HSBC Group in India typically ranges from ₹81,898 to ₹84,034 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹19.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 20+ salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than HSBC Group for Associate Manager in India?

American Express	₹30.0 Lakhs to ₹32.1 Lakhs per year
Wells Fargo	₹8.0 Lakhs to ₹32.5 Lakhs per year
Aon	₹12.6 Lakhs to ₹27.1 Lakhs per year
UBS	₹12.0 Lakhs to ₹25.0 Lakhs per year
JPMorgan Chase & Co.	₹9.3 Lakhs to ₹28.0 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 Associate Manager in companies similar to HSBC Group in India?

The salary of a Associate Manager at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Citicorp	₹7.0 Lakhs to ₹22.0 Lakhs per year
Morgan Stanley	₹9.0 Lakhs to ₹15.0 Lakhs per year
Bnp Paribas Securities	₹12.0 Lakhs to ₹13.5 Lakhs per year
BNP Paribas	₹8.0 Lakhs to ₹21.6 Lakhs per year
BNY	₹9.0 Lakhs to ₹16.0 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 Manager at HSBC Group in India?

The salary growth for a Associate Manager at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Associate Manager can expect the following growth trajectory at HSBC Group:

Experience	Average Salary Range
3 years	₹4.0 Lakhs to ₹6.1 Lakhs per year
4 years	₹3.7 Lakhs to ₹8.0 Lakhs per year
5 years	₹5.0 Lakhs to ₹8.8 Lakhs per year
6 years	₹8.2 Lakhs to ₹10.5 Lakhs per year

and so on.

Tell us how to improve this page.

HSBC Group Associate Manager Salaries by Location

Home >
Salaries >
HSBC Group Salaries >
HSBC Group Associate Manager Salaries

HSBC Group Associate Manager salary in India ranges between ₹5 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 27 HSBC Group latest salaries received from various employees of HSBC Group.