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HSBC Group Industrial Trainee salaries in Mumbai (Updated 2025)

Annual salary range
0 - 3 years exp.
₹3 Lakhs - ₹10 Lakhs
Salary of majority employees
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42% more than the average Industrial Trainee Salary in Financial Services Companies for 0 - 3 years of experience

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Last Updated: 28 Feb 2025

Companies similar to HSBC Group for Industrial Trainee in Mumbai

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HSBC Group Industrial Trainee Salary

0 - 3 years exp. (6 salaries)

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₹3 L/yr - ₹10 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Morgan Stanley Industrial Trainee Salary

0 - 3 years exp. (15 salaries)

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₹6 L/yr - ₹8 L/yr

arrow icon 30% more
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₹6 L/yr - ₹8 L/yr

arrow icon 25% more
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Hindustan Unilever Industrial Trainee Salary

0 - 2 years exp. (11 salaries)

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₹2 L/yr - ₹4.8 L/yr

arrow icon 27% less
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Nomura Holdings Industrial Trainee Salary

0 - 4 years exp. (7 salaries)

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₹3 L/yr - ₹5.5 L/yr

arrow icon 7% less
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Cipla Industrial Trainee Salary

1 - 5 years exp. (5 salaries)

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₹3.4 L/yr - ₹3.6 L/yr

arrow icon 39% less
Industrial Trainee salary at HSBC Group ranges between ₹3 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Industrial Trainee in Mumbai

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3 years exp.
1y ago
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3 years exp.

Experience wise HSBC Group Industrial Trainee salaries in Mumbai

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹4.4 L/yr - ₹5.7 L/yr
1 year (AmbitionBox Estimate)

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₹4.6 L/yr - ₹5.9 L/yr
2 years (AmbitionBox Estimate)

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₹4.9 L/yr - ₹6.2 L/yr
3 years  (3 salaries)

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₹3 L/yr - ₹10 L/yr

Similar Designation salaries in HSBC Group

Analyst Salary
(27 salaries)
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₹5.5 L/yr - ₹22.4 L/yr
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₹5.16 L/yr - ₹14.98 L/yr
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₹11 L/yr - ₹25 L/yr
Team Lead Salary
(3 salaries)
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₹8 L/yr - ₹17.5 L/yr
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₹6 L/yr - ₹6.77 L/yr

Top skills at HSBC Group for Industrial Trainee

Taxation Accounting Reconciliation Private Banking Auditing

Salary related reviews for HSBC Group

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 26 Feb 2025

2.0
 for  Salary and Benefits

Likes

If you go to right team then plenty of opportunity to do experiments and high end work. And easy team switches

  • Skill development - Excellent
  • +3 more

Dislikes

Promotion and salary growth is too slow. No meritocratic rank ordering. No fairness in pay distribution across band. You might be killing youself at the job and you also might be at low pay but you would never be corrected or even fairly compensated

read more
  • Salary - Poor
  • +2 more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 21 Feb 2025

1.0
 for  Salary and Benefits

Dislikes

Salary hike is not based on your year long hardwork but rather on your salary band in comparison to company' average. That means what ever hard work you do it doesn't matter or not cared rather as you are in a higher salary band

read more
  • Salary - Bad
  • +4 more

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.

read more
  • 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.

read more

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

read more
  • 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

read more
  • Job security - Poor
  • +3 more

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.

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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HSBC Group Industrial Trainee Salary FAQs

What is the salary of Industrial Trainee at HSBC Group in Mumbai?
The average salary of a Industrial Trainee at HSBC Group in Mumbai typically ranges from ₹3.0 Lakhs to ₹10.0 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Industrial Trainee in Mumbai at HSBC Group earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. Industrial Trainee 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 6 HSBC Group employees in India.
What is the estimated take home salary of a Industrial Trainee at HSBC Group in Mumbai?
The estimated take-home salary of a Industrial Trainee at HSBC Group in Mumbai typically ranges from ₹41,690 to ₹42,829 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹10.0 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 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 Industrial Trainee at HSBC Group in Mumbai?
To be a Industrial Trainee at HSBC Group in Mumbai, the key skills required include:

  • - Taxation
  • - Accounting
  • - Reconciliation
  • - Private Banking
  • - Auditing

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 Industrial Trainee in India?
Morgan Stanley ₹6.0 Lakhs to ₹8.0 Lakhs per year
JPMorgan Chase & Co. ₹6.0 Lakhs to ₹8.0 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 Industrial Trainee in companies similar to HSBC Group in Mumbai?
The salary of a Industrial Trainee at companies similar to HSBC Group in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Nomura Holdings ₹3.0 Lakhs to ₹5.5 Lakhs per year
Hindustan Unilever ₹2.0 Lakhs to ₹4.8 Lakhs per year
Cipla ₹3.4 Lakhs to ₹3.6 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 Industrial Trainee at HSBC Group in Mumbai?
The salary growth for a Industrial Trainee at HSBC Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a Industrial Trainee in Mumbai can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
Fresher ₹4.4 Lakhs to ₹5.7 Lakhs per year
1 year ₹4.6 Lakhs to ₹5.9 Lakhs per year
2 years ₹4.9 Lakhs to ₹6.2 Lakhs per year
3 years ₹3.0 Lakhs to ₹10.0 Lakhs per year
and so on.

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HSBC Group Industrial Trainee salary in Mumbai ranges between ₹3 Lakhs to ₹10 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 HSBC Group latest salaries received from various employees of HSBC Group.