HSBC Group Engineering Manager Salaries by 6 Employees (Updated 2025)

16 - 18 years exp.

₹35.5 Lakhs - ₹67 Lakhs

Low Confidence

Salary of majority employees

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44% more than the average Engineering Manager Salary in Financial Services Companies for 16 - 18 years of experience

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Salaries in different departments

Engineering - Software & QA Engineering Manager Salary 16 - 17 years exp. (3 salaries)	Unlock ₹49.5 L/yr - ₹67 L/yr
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Project & Program Management Engineering Manager Salary 18 years exp. (3 salaries)	Unlock ₹35.5 L/yr - ₹43 L/yr

Last Updated: 28 Feb 2025

Companies similar to HSBC Group for Engineering Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Engineering Manager Salary 12 - 15 years exp. (8 salaries)	Unlock ₹31.2 L/yr - ₹79.3 L/yr 11% less
HDFC Bank Engineering Manager Salary 12 - 14 years exp. (5 salaries)	Unlock ₹35 L/yr - ₹45 L/yr 25% less
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Wells Fargo Engineering Manager Salary 14 - 22 years exp. (144 salaries)	Unlock ₹33 L/yr - ₹97 L/yr 22% more
JPMorgan Chase & Co. Engineering Manager Salary 12 - 18 years exp. (48 salaries)	Unlock ₹25 L/yr - ₹79 L/yr 2% less
Citicorp Engineering Manager Salary 12 - 17 years exp. (13 salaries)	Unlock ₹30.5 L/yr - ₹69 L/yr 3% less
Morgan Stanley Engineering Manager Salary 5 - 18 years exp. (10 salaries)	Unlock ₹26 L/yr - ₹65 L/yr 1% more
American Express Engineering Manager Salary 5 - 13 years exp. (8 salaries)	Unlock ₹18.5 L/yr - ₹53.9 L/yr 30% less	1 job opening
State Street Corporation Engineering Manager Salary 8 - 12 years exp. (6 salaries)	Unlock ₹24 L/yr - ₹43 L/yr 40% less
UBS Engineering Manager Salary 16 - 18 years exp. (4 salaries)	Unlock ₹46.8 L/yr - ₹48.8 L/yr 10% less

Engineering Manager salary at HSBC Group ranges between ₹35.5 Lakhs to ₹67 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 6 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Engineering Manager salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
15+ years (6 salaries)	Unlock ₹35.5 L/yr - ₹67 L/yr
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Similar Designation salaries in HSBC Group

Senior Engineering Manager Salary

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₹38.15 L/yr - ₹56 L/yr

Delivery Manager Salary

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₹22.1 L/yr - ₹44 L/yr

Software Engineering Manager Salary

(AmbitionBox Estimate)

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₹51.3 L/yr - ₹56.7 L/yr

Program Manager Salary

(30 salaries)

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₹21.5 L/yr - ₹48.5 L/yr

Project Manager Salary

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₹15 L/yr - ₹45 L/yr

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₹12 L/yr - ₹45 L/yr

Senior Project Manager Salary

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₹25.7 L/yr - ₹60 L/yr

Scrum Master Salary

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₹6.49 L/yr - ₹25 L/yr

Principal Engineer Salary

(AmbitionBox Estimate)

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₹39.6 L/yr - ₹50.6 L/yr

Salary related reviews for HSBC Group

2.0

Rated by 1 employees for salary & benefits

Engineering Manager in Pune

WPB - wealth and private banking Department

1.0

• posted on 25 Mar 2021

2.0

for Salary and Benefits

Likes

Salary is fair of negotiated will at the time of joining

Dislikes

Lot of firing, company's only approach to save cost is for people, lot of favouritism, too many adhoc charges in ways of working and none followed

Salary - Poor

+4 more

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

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

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

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

The company provides lots of avenues for training . Colleagues respect /support each other in work with good work life balance

Skill development - Good

+2 more

Dislikes

1. Compensation and benefits 2. Complex org structure 3. Could be more dynamic

Salary - Poor

+1 more

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2w (edited)

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 Engineering Manager Salary FAQs

What is the salary of Engineering Manager at HSBC Group?

Engineering Manager salary at HSBC Group in India ranges between ₹35.5 Lakhs to ₹67.0 Lakhs for experience between 16 years to 18 years. According to our estimates it is 44% more than the average Engineering Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HSBC Group India.

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

The average salary of a Engineering Manager at HSBC Group is 44% more than the average salary of a Engineering Manager in India. To know exact salary insights, login to view.

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

Wells Fargo Engineering Manager Salary - ₹33.0 Lakhs to ₹97.0 Lakhs per year
Morgan Stanley Engineering Manager Salary - ₹26.0 Lakhs to ₹65.0 Lakhs per year

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

JPMorgan Chase & Co. Engineering Manager Salary - ₹25.0 Lakhs to ₹79.0 Lakhs per year
Citicorp Engineering Manager Salary - ₹30.5 Lakhs to ₹69.0 Lakhs per year
UBS Engineering Manager Salary - ₹46.8 Lakhs to ₹48.8 Lakhs per year
Standard Chartered Engineering Manager Salary - ₹31.2 Lakhs to ₹79.3 Lakhs per year
HDFC Bank Engineering Manager Salary - ₹35.0 Lakhs to ₹45.0 Lakhs per year

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

The estimated take-home salary of a Engineering Manager at HSBC Group ranges between ₹2,97,039 per month to ₹3,20,276 per month in India. The take-home salary calculation is based on the average HSBC Group Engineering Manager salary in India which ranges between ₹35.5 Lakhs to ₹67.0 Lakhs per year for employees with experience between 16 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the HSBC Group Engineering Managers reported a notice period of 3 Months, 33% reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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HSBC Group Engineering Manager Salaries

HSBC Group Engineering Manager salary in India ranges between ₹35.5 Lakhs to ₹67 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HSBC Group latest salaries received from various employees of HSBC Group.