HSBC Group Banking Operations Associate Salaries by 4 Employees (Updated 2025)

2 - 12 years exp.

₹4.9 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

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196% more than the average Banking Operations Associate Salary in Financial Services Companies for 2 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Banking Operations Associate Salary 5 years exp. (AmbitionBox Estimate)	Unlock ₹5.2 L/yr - ₹6.3 L/yr
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Finance & Accounting Banking Operations Associate Salary 2 years exp. (AmbitionBox Estimate)	Unlock ₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 2 Jan 2025

Companies similar to HSBC Group for Banking Operations Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Banking Operations Associate Salary 2 - 3 years exp. (4 salaries)	Unlock ₹3.5 L/yr - ₹5 L/yr 59% less
Axis Bank Banking Operations Associate Salary 1 - 8 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹4.6 L/yr 63% less
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HDFC Bank Banking Operations Associate Salary 0 - 2 years exp. (5 salaries)	Unlock ₹1.3 L/yr - ₹4 L/yr 67% less
Kotak Mahindra Bank Banking Operations Associate Salary 3 - 5 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹4.5 L/yr 63% less
IndusInd Bank Banking Operations Associate Salary 1 - 6 years exp. (4 salaries)	Unlock ₹2.5 L/yr - ₹5 L/yr 61% less

Banking Operations Associate salary at HSBC Group ranges between ₹4.9 Lakhs to ₹18 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Banking Operations Associate salaries

Last Updated: 2 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹16.2 L/yr - ₹20.7 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹4.4 L/yr - ₹5.6 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹5.2 L/yr - ₹6.6 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹5.4 L/yr - ₹6.9 L/yr

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Salary related reviews for HSBC Group

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.

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

Senior Analyst in Kolkata

Full Time

Risk Management & Compliance Department

4.0

• posted on 22 Apr 2022

2.0

for Salary and Benefits

Likes

I like the culture of the company, the way company supports women empowerment.

Job security - Excellent

+1 more

Dislikes

...ncy. Sone manages make it hard for the analysts to maintain work life balance. Salary growth is very slow.

Salary - Poor

+2 more

Analyst in Kolkata

Full Time

Data Science & Analytics Department

3.0

• posted on 06 Feb 2023

2.0

for Salary and Benefits

Likes

Work life balance is decent, job security is high in HSBC India.. Decei learning opportunities..

Skill development - Good

+3 more

Dislikes

Compensation is not competitive at all compared to its market competitors.. Promotions and hikes are poor and managers play favourites..

Salary - Poor

+1 more

Analyst in Kolkata

Data Science & Analytics Department

4.0

• posted on 16 Sep 2022

3.0

for Salary and Benefits

Likes

Good work culture. People are really helpful.

Job security - Good

+3 more

Dislikes

Annual hike is not even cover the inflation rate. It is more like your salary will reduce value due to inflation rate and hike will be so less. Bonus amount is very less. Even if you get promotion in my department they are giving only 5%🤣 although it is not same for all the department there are departments where people are getting 15-20% hike😊

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Salary Discussions, Hike & Promotions

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an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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HSBC Group Banking Operations Associate Salary FAQs

What is the salary of Banking Operations Associate at HSBC Group?

Banking Operations Associate salary at HSBC Group in India ranges between ₹4.9 Lakhs to ₹18.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 196% more than the average Banking Operations Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group India.

How does the salary of a Banking Operations Associate at HSBC Group India compare with the average salary range for this job?

The average salary of a Banking Operations Associate at HSBC Group is 196% more than the average salary of a Banking Operations Associate in India. To know exact salary insights, login to view.

What is the salary of a Banking Operations Associate in companies similar to HSBC Group in India?

ICICI Bank Banking Operations Associate Salary - ₹3.5 Lakhs to ₹5.0 Lakhs per year
IndusInd Bank Banking Operations Associate Salary - ₹2.5 Lakhs to ₹5.0 Lakhs per year
Kotak Mahindra Bank Banking Operations Associate Salary - ₹2.7 Lakhs to ₹4.5 Lakhs per year
Axis Bank Banking Operations Associate Salary - ₹2.0 Lakhs to ₹4.6 Lakhs per year
HDFC Bank Banking Operations Associate Salary - ₹1.3 Lakhs to ₹4.0 Lakhs per year

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

The estimated take-home salary of a Banking Operations Associate at HSBC Group ranges between ₹63,411 per month to ₹65,024 per month in India. The take-home salary calculation is based on the average HSBC Group Banking Operations Associate salary in India which ranges between ₹4.9 Lakhs to ₹18.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Banking Operations Associate at HSBC Group?

According to AmbitionBox, 50% of the HSBC Group Banking Operations Associates reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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HSBC Group Banking Operations Associate Salaries

HSBC Group Banking Operations Associate salary in India ranges between ₹4.9 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.