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HSBC Group

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4.0

based on 4.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Development Engineer salaries in India

Annual salary range
3 - 7 years exp.
₹7 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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42% more than the average Development Engineer Salary in Financial Services Companies for 3 - 7 years of experience

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Salaries in different departments

Engineering - Software & QA
Development Engineer Salary
4 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹8.8 L/yr

IT & Information Security
Development Engineer Salary
3 years exp. (AmbitionBox Estimate)
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₹9.5 L/yr - ₹11.6 L/yr

Last Updated: 3 Dec 2024

Companies similar to HSBC Group for Development Engineer

Company name Avg Annual Salary Open Jobs
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₹7.3 L/yr - ₹19.8 L/yr

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1 job opening
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Calsoft Development Engineer Salary

0 - 4 years exp. (322 salaries)

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₹3 L/yr - ₹11 L/yr

arrow icon 43% less
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Signify Development Engineer Salary

2 - 12 years exp. (203 salaries)

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₹9 L/yr - ₹35.5 L/yr

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Comcast Development Engineer Salary

0 - 7 years exp. (121 salaries)

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₹6.5 L/yr - ₹22.5 L/yr

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9 job openings
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Atotech Development Engineer Salary

0 - 6 years exp. (111 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 40% less
Development Engineer salary at HSBC Group ranges between ₹7 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Development Engineer

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Experience wise HSBC Group Development Engineer salaries

Last Updated: 3 Dec 2024

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.1 L/yr
4 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.2 L/yr
5 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
7 years (AmbitionBox Estimate)

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₹18 L/yr - ₹23 L/yr

Similar Designation salaries in HSBC Group

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₹7 L/yr - ₹50 L/yr
Project Engineer Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr
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₹10 L/yr - ₹31.2 L/yr
Lead Engineer Salary
(7 salaries)
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₹20 L/yr - ₹60.27 L/yr
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₹14 L/yr - ₹25 L/yr
Mechanical Engineer Salary
(AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr
Production Engineer Salary
(AmbitionBox Estimate)
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₹23.9 L/yr - ₹30.5 L/yr
Software Engineer Salary
(1.2k salaries)
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₹4.8 L/yr - ₹14.5 L/yr
Junior Engineer Salary
(AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.6 L/yr
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₹18 L/yr - ₹20 L/yr

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

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

read 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

read more

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

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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

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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.

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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.

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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.

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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.

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HSBC Group Development Engineer Salary FAQs

What is the salary of Development Engineer at HSBC Group?
Development Engineer salary at HSBC Group in India ranges between ₹7.0 Lakhs to ₹20.0 Lakhs for experience between 3 years to 7 years. According to our estimates it is 42% more than the average Development Engineer 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 Development Engineer at HSBC Group India compare with the average salary range for this job?
The average salary of a Development Engineer at HSBC Group is 42% more than the average salary of a Development Engineer in India. To know exact salary insights, login to view.
What are the top skills required to work as a Development Engineer at HSBC Group?
Oracle, Customer Satisfaction, IVR, Reporting Tools and WebI are some of the popular skills required to work as a Development Engineer at HSBC Group India.
Which similar companies are paying more than HSBC Group to a Development Engineer in India?
  • Signify Development Engineer Salary - ₹9.0 Lakhs to ₹35.5 Lakhs per year
  • Comcast Development Engineer Salary - ₹6.5 Lakhs to ₹22.5 Lakhs per year
What is the salary of a Development Engineer in companies similar to HSBC Group in India?
  • Standard Chartered Development Engineer Salary - ₹7.3 Lakhs to ₹19.8 Lakhs per year
  • Atotech Development Engineer Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
  • Calsoft Development Engineer Salary - ₹3.0 Lakhs to ₹11.0 Lakhs per year
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 ranges between ₹81,223 per month to ₹83,340 per month in India. The take-home salary calculation is based on the average HSBC Group Development Engineer salary in India which ranges between ₹7.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Development Engineer at HSBC Group?
According to AmbitionBox, 100% of the HSBC Group Development Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HSBC Group Development Engineer salary in India ranges between ₹7 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.