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

5 - 16 years exp.

₹13.1 Lakhs - ₹37 Lakhs

Salary of majority employees

At par with the average AVP Salary in Financial Services Companies for 5 - 16 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 11 - 15 years exp. (5 salaries)	₹14 L/yr - ₹26.6 L/yr
Customer Success, Service & Operations AVP Salary 11 - 13 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹27.5 L/yr
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Data Science & Analytics AVP Salary 5 - 14 years exp. (AmbitionBox Estimate)	₹22.7 L/yr - ₹29.3 L/yr
Project & Program Management AVP Salary 10 - 14 years exp. (AmbitionBox Estimate)	₹29.8 L/yr - ₹30.1 L/yr
Finance & Accounting AVP Salary 10 years exp. (AmbitionBox Estimate)	₹23 L/yr - ₹32.9 L/yr

View all

Last Updated: 27 Jan 2025

Companies similar to HSBC Group for AVP in Mumbai

HSBC Group AVP Salary

5 - 16 years exp. (22 salaries)

₹13.1 L/yr - ₹37 L/yr

Company name	Avg Annual Salary	Open Jobs
Barclays AVP Salary 8 - 18 years exp. (56 salaries)	₹19 L/yr - ₹44 L/yr 13% more
Deutsche Bank AVP Salary 8 - 19 years exp. (130 salaries)	₹22.3 L/yr - ₹48 L/yr 15% more
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Bank of America AVP Salary 12 - 20 years exp. (22 salaries)	₹21.9 L/yr - ₹59 L/yr 27% more
JPMorgan Chase & Co. AVP Salary 8 - 20 years exp. (186 salaries)	₹16.5 L/yr - ₹45 L/yr 7% more
Morgan Stanley AVP Salary 6 - 15 years exp. (26 salaries)	₹15 L/yr - ₹40 L/yr 2% more
BNP Paribas AVP Salary 9 - 19 years exp. (30 salaries)	₹9.9 L/yr - ₹37 L/yr 18% less
UBS AVP Salary 9 - 18 years exp. (80 salaries)	₹16 L/yr - ₹50 L/yr 20% more
State Bank of India AVP Salary 4 - 14 years exp. (4 salaries)	₹7 L/yr - ₹22.3 L/yr 48% less
HDFC Bank AVP Salary 10 - 21 years exp. (151 salaries)	₹15.7 L/yr - ₹42 L/yr 6% less
Axis Bank AVP Salary 9 - 24 years exp. (177 salaries)	₹12 L/yr - ₹38 L/yr 11% less
Kotak Mahindra Bank AVP Salary 8 - 19 years exp. (66 salaries)	₹11 L/yr - ₹35.5 L/yr 26% less
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IndusInd Bank AVP Salary 6 - 19 years exp. (99 salaries)	₹9 L/yr - ₹25 L/yr 40% less
Yes Bank AVP Salary 6 - 18 years exp. (97 salaries)	₹11 L/yr - ₹22 L/yr 46% less
Citicorp AVP Salary 7 - 18 years exp. (152 salaries)	₹22 L/yr - ₹45 L/yr 23% more
RBL Bank AVP Salary 7 - 20 years exp. (43 salaries)	₹12 L/yr - ₹23.8 L/yr 41% less
State Street Corporation AVP Salary 14 - 16 years exp. (6 salaries)	₹25 L/yr - ₹36.5 L/yr 25% more
Marsh McLennan AVP Salary 13 - 22 years exp. (3 salaries)	₹20.1 L/yr - ₹33 L/yr 15% less

AVP salary at HSBC Group ranges between ₹13.1 Lakhs to ₹37 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 22 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group AVP salaries in Mumbai

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹29 L/yr
6 years (AmbitionBox Estimate)	₹11.6 L/yr - ₹37 L/yr
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7 years (AmbitionBox Estimate)	₹24 L/yr - ₹51.9 L/yr
8 years (AmbitionBox Estimate)	₹14 L/yr - ₹51.9 L/yr
9 years (AmbitionBox Estimate)	₹25.9 L/yr - ₹33.1 L/yr
10 years (5 salaries)	₹13.5 L/yr - ₹30 L/yr
11 years (3 salaries)	₹16 L/yr - ₹51.8 L/yr
12 years (AmbitionBox Estimate)	₹14 L/yr - ₹51.8 L/yr
13 years (AmbitionBox Estimate)	₹20 L/yr - ₹51.7 L/yr
14 years (AmbitionBox Estimate)	₹18 L/yr - ₹51.7 L/yr
15+ years (3 salaries)	₹11.5 L/yr - ₹51.6 L/yr

View all

Similar Designation salaries in HSBC Group

Associate Vice President Salary

(121 salaries)

₹8.9 L/yr - ₹35 L/yr

Assistant Vice President Salary

(32 salaries)

₹14.5 L/yr - ₹37 L/yr

Analyst Salary

(27 salaries)

₹5.5 L/yr - ₹23.3 L/yr

Senior Associate Salary

(12 salaries)

₹5.16 L/yr - ₹14.83 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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Salary Discussions, Hike & Promotions

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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

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HSBC Group AVP Salary FAQs

What is the salary of AVP at HSBC Group in Mumbai?

The average salary of a AVP at HSBC Group in Mumbai typically ranges from ₹13.1 Lakhs to ₹37.0 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of AVP in Mumbai at HSBC Group earn more than ₹29.3 Lakhs per year, and the top 1% earn over ₹37.0 Lakhs per year. AVP 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 AVP at HSBC Group in Mumbai?

The estimated take-home salary of a AVP at HSBC Group in Mumbai typically ranges from ₹1,78,519 to ₹1,85,454 per month. This is based on the average salary range of ₹13.1 Lakhs to ₹37.0 Lakhs per year for employees with experience ranging from 5 years to 16 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.

What are the key skills required to be a AVP at HSBC Group in Mumbai?

To be a AVP at HSBC Group in Mumbai, the key skills required include:

- Interpersonal Skills
- MS Office
- Risk Compliance
- Financial Services
- CCTV Monitoring

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 AVP in India?

Bank of America	₹21.9 Lakhs to ₹59.0 Lakhs per year
State Street Corporation	₹25.0 Lakhs to ₹36.5 Lakhs per year
Citicorp	₹22.0 Lakhs to ₹45.0 Lakhs per year
UBS	₹16.0 Lakhs to ₹50.0 Lakhs per year
Deutsche Bank	₹22.3 Lakhs to ₹48.0 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 AVP in companies similar to HSBC Group in Mumbai?

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

Barclays	₹19.0 Lakhs to ₹44.0 Lakhs per year
JPMorgan Chase & Co.	₹16.5 Lakhs to ₹45.0 Lakhs per year
Morgan Stanley	₹15.0 Lakhs to ₹40.0 Lakhs per year
HDFC Bank	₹15.7 Lakhs to ₹42.0 Lakhs per year
Axis Bank	₹12.0 Lakhs to ₹38.0 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 AVP at HSBC Group in Mumbai?

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

Experience	Average Salary Range
5 years	₹11.6 Lakhs to ₹29.0 Lakhs per year
6 years	₹11.6 Lakhs to ₹37.0 Lakhs per year
7 years	₹24.0 Lakhs to ₹51.9 Lakhs per year
8 years	₹14.0 Lakhs to ₹51.9 Lakhs per year

and so on.

Tell us how to improve this page.

HSBC Group AVP salary in Mumbai ranges between ₹13.1 Lakhs to ₹37 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 HSBC Group latest salaries received from various employees of HSBC Group.