HSBC Group Development Engineer Salaries by 4 Employees (Updated 2025)

1 - 5 years exp.

₹7 Lakhs - ₹10.5 Lakhs

Low Confidence

Salary of majority employees

11% more than the average Development Engineer Salary in Financial Services Companies for 1 - 5 years of experience

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Salaries in different departments

Engineering - Software & QA Development Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.8 L/yr
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IT & Information Security Development Engineer Salary 3 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 27 Jan 2025

Companies similar to HSBC Group for Development Engineer

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Development Engineer Salary 0 - 2 years exp. (62 salaries)	₹7.3 L/yr - ₹20.5 L/yr 30% more
Calsoft Development Engineer Salary 0 - 4 years exp. (334 salaries)	₹3.5 L/yr - ₹11 L/yr 29% less
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Signify Development Engineer Salary 2 - 12 years exp. (200 salaries)	₹9 L/yr - ₹36 L/yr 137% more
Comcast Development Engineer Salary 1 - 12 years exp. (132 salaries)	₹7.5 L/yr - ₹30.8 L/yr 91% more	23 job openings
Pramati Technologies Development Engineer Salary 2 - 6 years exp. (102 salaries)	₹6.8 L/yr - ₹19 L/yr 20% more

Development Engineer salary at HSBC Group ranges between ₹7 Lakhs to ₹10.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Development Engineer salaries

Last Updated: 27 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹10 L/yr - ₹18.9 L/yr
2 years (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10.5 L/yr
4 years (AmbitionBox Estimate)	₹8 L/yr - ₹14.9 L/yr
5 years (AmbitionBox Estimate)	₹7 L/yr - ₹13.5 L/yr

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Top skills at HSBC Group for Development Engineer

Oracle Customer Satisfaction IVR Reporting Tools WebI Training Learning Business Partnering Contact Center Regulatory Issues SQL

Salary related reviews for HSBC Group

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

Software Engineer in Pune

Engineering - Hardware & Networks Department

3.0

• posted on 21 Mar 2021

2.0

for Salary and Benefits

Likes

... not transparent. No work life balance. Sometimes you have to work for 12 hrs. Compared to work hike and bonus is very less.

Dislikes

Salary - Poor
Promotions - Poor

+3 more

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HSBC Group Development Engineer Salary FAQs

What is the salary of Development Engineer at HSBC Group ?

The average salary of a Development Engineer at HSBC Group in India typically ranges from ₹7.0 Lakhs to ₹10.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Development Engineer at HSBC Group earn more than ₹10.5 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Development Engineer 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 4 HSBC Group employees in India.

What is the estimated take home salary of a Development Engineer at HSBC Group in India?

The estimated take-home salary of a Development Engineer at HSBC Group in India typically ranges from ₹66,094 to ₹67,783 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹10.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 4 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 Development Engineer at HSBC Group ?

To be a Development Engineer at HSBC Group in india, the key skills required include:

- Oracle
- Customer Satisfaction
- IVR
- Reporting Tools
- WebI

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 Development Engineer in India?

Signify	₹9.0 Lakhs to ₹36.0 Lakhs per year
Comcast	₹7.5 Lakhs to ₹30.8 Lakhs per year
Standard Chartered	₹7.3 Lakhs to ₹20.5 Lakhs per year
Pramati Technologies	₹6.8 Lakhs to ₹19.0 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 Development Engineer in companies similar to HSBC Group in India?

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

Calsoft

₹3.5 Lakhs to ₹11.0 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 Development Engineer at HSBC Group in India?

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

Experience	Average Salary Range
1 year	₹10.0 Lakhs to ₹18.9 Lakhs per year
2 years	₹9.0 Lakhs to ₹11.5 Lakhs per year
3 years	₹3.7 Lakhs to ₹10.5 Lakhs per year
4 years	₹8.0 Lakhs to ₹14.9 Lakhs per year

and so on.

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HSBC Group Development Engineer Salaries

HSBC Group Development Engineer salary in India ranges between ₹7 Lakhs to ₹10.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.