HSBC Group Department Manager Salaries by 10 Employees (Updated 2025)

4 - 19 years exp.

₹9 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

126% more than the average Department Manager Salary in Financial Services Companies for 4 - 19 years of experience

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Salaries in different departments

Customer Success, Service & Operations Department Manager Salary 18 - 19 years exp. (3 salaries)	₹10.3 L/yr - ₹14 L/yr
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BFSI, Investments & Trading Department Manager Salary 4 - 6 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹13 L/yr

Last Updated: 29 Mar 2024

Companies similar to HSBC Group for Department Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Department Manager Salary 2 - 13 years exp. (5 salaries)	₹12 L/yr - ₹18 L/yr 25% more
ICICI Bank Department Manager Salary 0 - 12 years exp. (27 salaries)	₹3 L/yr - ₹8.5 L/yr 58% less
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Axis Bank Department Manager Salary 0 - 8 years exp. (13 salaries)	₹4.7 L/yr - ₹10 L/yr 40% less
HDFC Bank Department Manager Salary 1 - 9 years exp. (26 salaries)	₹3.5 L/yr - ₹8.2 L/yr 61% less
State Bank of India Department Manager Salary 0 - 30 years exp. (4 salaries)	₹20 L/yr - ₹75 L/yr 192% more
Kotak Mahindra Bank Department Manager Salary 2 - 10 years exp. (11 salaries)	₹2.8 L/yr - ₹4.9 L/yr 66% less
IndusInd Bank Department Manager Salary 1 - 12 years exp. (14 salaries)	₹3.6 L/yr - ₹4.9 L/yr 64% less
Yes Bank Department Manager Salary 0 - 6 years exp. (12 salaries)	₹4 L/yr - ₹10.3 L/yr 47% less
RBL Bank Department Manager Salary 4 - 10 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 4% less
HDFC Sales Department Manager Salary 4 - 8 years exp. (4 salaries)	₹2.4 L/yr - ₹14 L/yr 30% less
Wells Fargo Department Manager Salary 7 - 13 years exp. (4 salaries)	₹20 L/yr - ₹29 L/yr 94% more
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JPMorgan Chase & Co. Department Manager Salary 0 - 10 years exp. (4 salaries)	₹10 L/yr - ₹24.7 L/yr 104% more
Aditya Birla Capital Department Manager Salary 0 - 5 years exp. (3 salaries)	₹7 L/yr - ₹15 L/yr 17% less
BNP Paribas Department Manager Salary 1 - 10 years exp. (3 salaries)	₹9.3 L/yr - ₹27.5 L/yr 68% more

Department Manager salary at HSBC Group ranges between ₹9 Lakhs to ₹14 Lakhs per year for employees with experience between 4 years to 19 years. Salary estimates are based on 10 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Department Manager salaries

Last Updated: 29 Mar 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹9 L/yr - ₹18.8 L/yr
5 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹19.1 L/yr
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6 years (AmbitionBox Estimate)	₹4.3 L/yr - ₹11 L/yr
7 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.6 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.7 L/yr
9 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹11.7 L/yr
10 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.5 L/yr
11 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹21.1 L/yr
13 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
14 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
15+ years (4 salaries)	₹12 L/yr - ₹14 L/yr

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Similar Designation salaries in HSBC Group

Deputy Manager Salary

(16 salaries)

₹6 L/yr - ₹8.81 L/yr

Operations Manager Salary

(220 salaries)

₹6.65 L/yr - ₹22.3 L/yr

Section Manager Salary

(AmbitionBox Estimate)

₹15 L/yr - ₹19.2 L/yr

Store Manager Salary

(3 salaries)

₹20 L/yr - ₹35 L/yr

Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹6 L/yr

Floor Manager Salary

(AmbitionBox Estimate)

₹0.3 L/yr - ₹0.3 L/yr

Head Cashier Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Team Lead Salary

(90 salaries)

₹6.9 L/yr - ₹25.25 L/yr

Sales Officer Salary

(3 salaries)

₹2.2 L/yr - ₹4.18 L/yr

Computer Operator Salary

(4 salaries)

₹0.5 L/yr - ₹3.5 L/yr

Salary related reviews for HSBC Group

2.9

Rated by 3 employees for salary & benefits

Operations Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0

• posted on 25 Mar 2021

2.0

for Salary and Benefits

Likes

If I ever leave HSBC it will only be because of the pay range. Otherwise, its an amazing place to work and learn. Opportunities are plenty for growth. Excellent policies. Just the best..!!

Skill development - Excellent

+5 more

Dislikes

As compared to other companies, the pay alone is not very good. That is the only reason why people leave HSBC. Otherwise, everybody is more than happy to retire at HSBC itself. Very good place to work.

Salary - Poor

Devops Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 26 Dec 2024

3.0

for Salary and Benefits

Likes

If you are looking for Growth in work and Good work culture and work life balance then HSBC is definitely one of the best options.

Skill development - Good

+4 more

Dislikes

Appraisals and Promotions are not good. Pay wise you may not feel satisfied ever. Good for 35 + people who are already in good carreer bands.

Consultant in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 03 May 2024

3.0

for Salary and Benefits

Likes

...mpanies. Overall work is good, work life balance is there, work culture is good. If you get a good package when joining, can stay in here for few years comfortably.

Skill development - Good

+3 more

Dislikes

Current increment process and promotion process

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.

see more salary related reviews

Discover interview dos and don'ts from real experiences

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 Department Manager Salary FAQs

What is the salary of Department Manager at HSBC Group?

Department Manager salary at HSBC Group in India ranges between ₹9.0 Lakhs to ₹14.0 Lakhs for experience between 4 years to 19 years. According to our estimates it is 126% more than the average Department Manager Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HSBC Group India.

How does the salary of a Department Manager at HSBC Group India compare with the average salary range for this job?

The average salary of a Department Manager at HSBC Group is 126% more than the average salary of a Department Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HSBC Group to a Department Manager in India?

State Bank of India Department Manager Salary - ₹20.0 Lakhs to ₹75.0 Lakhs per year
JPMorgan Chase & Co. Department Manager Salary - ₹10.0 Lakhs to ₹24.7 Lakhs per year
Wells Fargo Department Manager Salary - ₹20.0 Lakhs to ₹29.0 Lakhs per year
BNP Paribas Department Manager Salary - ₹9.3 Lakhs to ₹27.5 Lakhs per year
Standard Chartered Department Manager Salary - ₹12.0 Lakhs to ₹18.0 Lakhs per year

What is the salary of a Department Manager in companies similar to HSBC Group in India?

RBL Bank Department Manager Salary - ₹6.5 Lakhs to ₹18.0 Lakhs per year
Aditya Birla Capital Department Manager Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
HDFC Sales Department Manager Salary - ₹2.4 Lakhs to ₹14.0 Lakhs per year
Axis Bank Department Manager Salary - ₹4.7 Lakhs to ₹10.0 Lakhs per year
Yes Bank Department Manager Salary - ₹4.0 Lakhs to ₹10.3 Lakhs per year

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

The estimated take-home salary of a Department Manager at HSBC Group ranges between ₹82,966 per month to ₹85,133 per month in India. The take-home salary calculation is based on the average HSBC Group Department Manager salary in India which ranges between ₹9.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 4 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Department Manager at HSBC Group?

According to AmbitionBox, 50% of the HSBC Group Department Managers reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HSBC Group Department Manager Salaries

HSBC Group Department Manager salary in India ranges between ₹9 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 HSBC Group latest salaries received from various employees of HSBC Group.