HSBC Group Mumbai AVP Salaries by 20+ Employees (Updated 2025)

5 - 17 years exp.

₹11 Lakhs - ₹37 Lakhs

Salary of majority employees

Fixed (84%)

₹22.6 Lakhs

Variable (16%)

₹4.3 Lakhs

9% less than the average AVP Salary in Financial Services Companies for 5 - 17 years of experience

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Salaries in different departments

Sales & Business Development AVP Salary 10 - 17 years exp. (7 salaries)	₹14.3 L/yr - ₹23.8 L/yr
BFSI, Investments & Trading AVP Salary 11 - 15 years exp. (5 salaries)	₹14 L/yr - ₹25.7 L/yr
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Customer Success, Service & Operations AVP Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹26 L/yr
Data Science & Analytics AVP Salary 5 - 14 years exp. (AmbitionBox Estimate)	₹22.7 L/yr - ₹29 L/yr
Project & Program Management AVP Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹27.7 L/yr

View all

Last Updated: 12 Feb 2025

Companies similar to HSBC Group for AVP in Mumbai

HSBC Group AVP Salary

5 - 17 years exp. (28 salaries)

₹11 L/yr - ₹37 L/yr

Company name	Avg Annual Salary	Open Jobs
Barclays AVP Salary 7 - 18 years exp. (65 salaries)	₹19 L/yr - ₹45 L/yr 19% more
Deutsche Bank AVP Salary 8 - 19 years exp. (122 salaries)	₹22.3 L/yr - ₹48 L/yr 22% more
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Bank of America AVP Salary 12 - 20 years exp. (23 salaries)	₹21.9 L/yr - ₹62 L/yr 38% more
JPMorgan Chase & Co. AVP Salary 8 - 20 years exp. (185 salaries)	₹16.5 L/yr - ₹45 L/yr 12% more
Morgan Stanley AVP Salary 6 - 15 years exp. (27 salaries)	₹15 L/yr - ₹40 L/yr 11% more
BNP Paribas AVP Salary 10 - 18 years exp. (25 salaries)	₹9.9 L/yr - ₹34 L/yr 18% less
UBS AVP Salary 9 - 17 years exp. (89 salaries)	₹15 L/yr - ₹50 L/yr 23% more
State Bank of India AVP Salary 4 - 10 years exp. (4 salaries)	₹7 L/yr - ₹16 L/yr 53% less
HDFC Bank AVP Salary 9 - 21 years exp. (155 salaries)	₹15 L/yr - ₹40 L/yr 1% more
Axis Bank AVP Salary 10 - 21 years exp. (165 salaries)	₹12.5 L/yr - ₹42 L/yr 1% less
Kotak Mahindra Bank AVP Salary 8 - 19 years exp. (66 salaries)	₹9.6 L/yr - ₹35.5 L/yr 23% less
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IndusInd Bank AVP Salary 6 - 19 years exp. (100 salaries)	₹9 L/yr - ₹25 L/yr 36% less
Yes Bank AVP Salary 6 - 18 years exp. (100 salaries)	₹11 L/yr - ₹24 L/yr 42% less
Citicorp AVP Salary 7 - 18 years exp. (151 salaries)	₹20 L/yr - ₹45 L/yr 29% more
RBL Bank AVP Salary 7 - 20 years exp. (43 salaries)	₹12 L/yr - ₹23.8 L/yr 35% less
State Street Corporation AVP Salary 14 - 16 years exp. (6 salaries)	₹25 L/yr - ₹35.6 L/yr 30% more
Marsh McLennan AVP Salary 13 - 22 years exp. (3 salaries)	₹20.1 L/yr - ₹33 L/yr 9% less

AVP salary at HSBC Group ranges between ₹11 Lakhs to ₹37 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 28 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group AVP salaries in Mumbai

Last Updated: 12 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹37 L/yr
6 years (AmbitionBox Estimate)	₹24 L/yr - ₹30.7 L/yr
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7 years (AmbitionBox Estimate)	₹24 L/yr - ₹28 L/yr
8 years (AmbitionBox Estimate)	₹14 L/yr - ₹48.2 L/yr
9 years (AmbitionBox Estimate)	₹24.2 L/yr - ₹30.9 L/yr
10 years (7 salaries)	₹11 L/yr - ₹30 L/yr
11 years (3 salaries)	₹16 L/yr - ₹48.5 L/yr
12 years (3 salaries)	₹14 L/yr - ₹48.5 L/yr
13 years (AmbitionBox Estimate)	₹20 L/yr - ₹48.6 L/yr
14 years (3 salaries)	₹17 L/yr - ₹48.7 L/yr
15+ years (4 salaries)	₹18.5 L/yr - ₹48.8 L/yr

View all

Similar Designation salaries in HSBC Group

Associate Vice President Salary

(121 salaries)

₹9.88 L/yr - ₹35 L/yr

Assistant Vice President Salary

(31 salaries)

₹14.5 L/yr - ₹37 L/yr

Analyst Salary

(26 salaries)

₹5.05 L/yr - ₹20 L/yr

Senior Associate Salary

(12 salaries)

₹5.16 L/yr - ₹13.78 L/yr

Senior Business Analyst Salary

(9 salaries)

₹13 L/yr - ₹32 L/yr

Project Manager Salary

(3 salaries)

₹18 L/yr - ₹30 L/yr

Top skills at HSBC Group for AVP

Interpersonal Skills MS Office Risk Compliance Financial Services CCTV Monitoring Data Governance Python Market Risk Operations Regulatory Compliance VAR Analytical Skills Market Risk Management MATLAB

Salary related reviews for HSBC Group

3.9

Rated by 4 employees for salary & benefits

Assistant Manager Operations in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Sep 2024

4.0

for Salary and Benefits

Likes

One of the best company to work with & it's policies helps to balance our family & work life. Staff friendly company & I am proud to be a part of this wonderdul company.

Salary - Good

+6 more

Dislikes

I wouldn't say dislike but may be a suggestion, I have heard from my colleagues that HSBC pay package is not very competitive, I am personally happy with the package.

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.

Assistant Vice President in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 26 Apr 2023

3.0

for Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

Skill development - Good

+5 more

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

Analyst in Bangalore / Bengaluru

Full Time

Finance & Accounting Department

2.0

• posted on 22 May 2023

4.0

for Salary and Benefits

Likes

...licies in place in theory. In practice it all depends on your team and managers. In my experience I haven’t seen many positives apart from pay , but if your team is okay, it might work out very well

Salary - Good

+1 more

Dislikes

Again it’s all contingent on the team. The company has excellent policies in place and if allowed to work will create a great work environment

Job security - Poor

+3 more

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

4.0

• posted on 11 Apr 2023

3.0

for Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

Skill development - Good

+3 more

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

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 AVP Salary FAQs

What is the salary of AVP at HSBC Group Mumbai?

AVP salary at HSBC Group in Mumbai ranges between ₹11.0 Lakhs to ₹37.0 Lakhs for experience between 5 years to 17 years. According to our estimates it is 9% less than the average AVP Salary in India. Salary estimates are based on 28 latest salaries received from various employees of HSBC Group Mumbai.

How does the salary of a AVP at HSBC Group Mumbai compare with the average salary range for this job?

The average salary of a AVP at HSBC Group is 9% less than the average salary of a AVP in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a AVP at HSBC Group?

Interpersonal Skills, MS Office, Risk Compliance, Financial Services and CCTV Monitoring are some of the popular skills required to work as a AVP at HSBC Group Mumbai.

Which similar companies are paying more than HSBC Group to a AVP in Mumbai?

Bank of America AVP Salary - ₹21.9 Lakhs to ₹62.0 Lakhs per year
State Street Corporation AVP Salary - ₹25.0 Lakhs to ₹35.6 Lakhs per year
Citicorp AVP Salary - ₹20.0 Lakhs to ₹45.0 Lakhs per year
UBS AVP Salary - ₹15.0 Lakhs to ₹50.0 Lakhs per year
Deutsche Bank AVP Salary - ₹22.3 Lakhs to ₹48.0 Lakhs per year

What is the salary of a AVP in companies similar to HSBC Group in Mumbai?

Barclays AVP Salary - ₹19.0 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co. AVP Salary - ₹16.5 Lakhs to ₹45.0 Lakhs per year
Morgan Stanley AVP Salary - ₹15.0 Lakhs to ₹40.0 Lakhs per year
HDFC Bank AVP Salary - ₹15.0 Lakhs to ₹40.0 Lakhs per year
Axis Bank AVP Salary - ₹12.5 Lakhs to ₹42.0 Lakhs per year

What is the estimated take home salary of a AVP at HSBC Group in Mumbai?

The estimated take-home salary of a AVP at HSBC Group ranges between ₹1,68,659 per month to ₹1,75,148 per month in Mumbai. The take-home salary calculation is based on the average HSBC Group AVP salary in India which ranges between ₹11.0 Lakhs to ₹37.0 Lakhs per year for employees with experience between 5 years to 17 years. Check how did we calculate take home salary?

What is the notice period for AVP at HSBC Group in Mumbai?

According to AmbitionBox, 89% of the HSBC Group AVPs in Mumbai reported a notice period of 3 Months, 4% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 27 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Group AVP salary in Mumbai ranges between ₹11 Lakhs to ₹37 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 HSBC Group latest salaries received from various employees of HSBC Group.