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HSBC Group IT Analyst salaries in India

Annual salary range
2 - 8 years exp.
₹2.8 Lakhs - ₹7.5 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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54% less than the average IT Analyst Salary in Financial Services Companies for 2 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations
IT Analyst Salary
5 - 8 years exp. (4 salaries)
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₹2.8 L/yr - ₹4 L/yr

Engineering - Hardware & Networks
IT Analyst Salary
2 - 4 years exp. (3 salaries)
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₹4.6 L/yr - ₹7.5 L/yr

Product Management
IT Analyst Salary
3 - 4 years exp. (AmbitionBox Estimate)
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₹2.8 L/yr - ₹4 L/yr

Last Updated: 31 Jul 2024

Companies similar to HSBC Group for IT Analyst

Company name Avg Annual Salary Open Jobs
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UBS IT Analyst Salary

6 - 11 years exp. (65 salaries)

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₹5.1 L/yr - ₹12.8 L/yr

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Citicorp IT Analyst Salary

0 - 12 years exp. (20 salaries)

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₹4.5 L/yr - ₹17.7 L/yr

arrow icon 154% more
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Wells Fargo IT Analyst Salary

2 - 10 years exp. (14 salaries)

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₹4 L/yr - ₹11.4 L/yr

arrow icon 60% more
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Aon IT Analyst Salary

8 - 15 years exp. (12 salaries)

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₹11 L/yr - ₹21 L/yr

arrow icon 323% more
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JPMorgan Chase & Co. IT Analyst Salary

3 - 13 years exp. (10 salaries)

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₹7 L/yr - ₹16.5 L/yr

arrow icon 153% more
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Morgan Stanley IT Analyst Salary

0 - 5 years exp. (7 salaries)

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₹6 L/yr - ₹21.9 L/yr

arrow icon 219% more
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BNY IT Analyst Salary

2 - 12 years exp. (6 salaries)

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₹5.5 L/yr - ₹13.8 L/yr

arrow icon 105% more
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BNP Paribas IT Analyst Salary

6 - 7 years exp. (4 salaries)

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₹9.9 L/yr - ₹11.7 L/yr

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₹2.6 L/yr - ₹15 L/yr

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American Express IT Analyst Salary

4 - 25 years exp. (3 salaries)

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₹4.5 L/yr - ₹14.5 L/yr

arrow icon 164% more
IT Analyst salary at HSBC Group ranges between ₹2.8 Lakhs to ₹7.5 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 9 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group IT Analyst

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Experience wise HSBC Group IT Analyst salaries

Last Updated: 31 Jul 2024

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹1.7 L/yr - ₹5.2 L/yr
3 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹5.2 L/yr
4 years (AmbitionBox Estimate)

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₹2.9 L/yr - ₹7.5 L/yr
5 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)

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₹2.8 L/yr - ₹7.5 L/yr
View all

Similar Designation salaries in HSBC Group

Analyst Salary
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₹4.49 L/yr - ₹19 L/yr
Data Analyst Salary
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₹4.32 L/yr - ₹16.39 L/yr
Senior Analyst Salary
(1k salaries)
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₹5.5 L/yr - ₹23 L/yr
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₹5 L/yr - ₹27 L/yr
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₹9 L/yr - ₹38 L/yr
ETL Developer Salary
(5 salaries)
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₹4.8 L/yr - ₹11 L/yr
Technical Lead Salary
(37 salaries)
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₹11.4 L/yr - ₹33 L/yr
Data Engineer Salary
(64 salaries)
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₹5 L/yr - ₹19.1 L/yr
SQL Developer Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
Senior Associate Salary
(407 salaries)
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₹8.24 L/yr - ₹20 L/yr

Salary related reviews for HSBC Group

4.1

Rated by 5 employees for salary & benefits

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

 · 

Engineering - Software & QA Department

1.0
  •  posted on 24 Feb 2025

1.0
 for  Salary and Benefits

Likes

Nothing found good about this company ,it's just the name this company has from inside its the worst company to work

Dislikes

Salary growth too much low don't expect much hike here, employees are being underpaid here.

read more
  • Salary - Bad
  • +6 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
see more salary related reviews

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HSBC Group IT Analyst Salary FAQs

What is the salary of IT Analyst at HSBC Group ?
The average salary of a IT Analyst at HSBC Group in India typically ranges from ₹2.8 Lakhs to ₹7.5 Lakhs per year, depending on experience (from 2 years to 8 years).

The top 10% of IT Analyst at HSBC Group earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹7.5 Lakhs per year. IT Analyst 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 9 HSBC Group employees in India.
What is the estimated take home salary of a IT Analyst at HSBC Group in India?
The estimated take-home salary of a IT Analyst at HSBC Group in India typically ranges from ₹31,505 to ₹32,797 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹7.5 Lakhs per year for employees with experience ranging from 2 years to 8 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 9 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HSBC Group for IT Analyst in India?
Aon ₹11.0 Lakhs to ₹21.0 Lakhs per year
Morgan Stanley ₹6.0 Lakhs to ₹21.9 Lakhs per year
American Express ₹4.5 Lakhs to ₹14.5 Lakhs per year
Citicorp ₹4.5 Lakhs to ₹17.7 Lakhs per year
JPMorgan Chase & Co. ₹7.0 Lakhs to ₹16.5 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 IT Analyst in companies similar to HSBC Group in India?
The salary of a IT Analyst at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNP Paribas ₹9.9 Lakhs to ₹11.7 Lakhs per year
Cholamandalam Investment & Finance ₹2.6 Lakhs to ₹15.0 Lakhs per year
BNY ₹5.5 Lakhs to ₹13.8 Lakhs per year
UBS ₹5.1 Lakhs to ₹12.8 Lakhs per year
Wells Fargo ₹4.0 Lakhs to ₹11.4 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 IT Analyst at HSBC Group in India?
The salary growth for a IT Analyst at HSBC Group depends on factors such as experience, performance, and promotions. On average, a IT Analyst can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
2 years ₹1.7 Lakhs to ₹5.2 Lakhs per year
3 years ₹2.8 Lakhs to ₹5.2 Lakhs per year
4 years ₹2.9 Lakhs to ₹7.5 Lakhs per year
5 years ₹2.8 Lakhs to ₹7.6 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group IT Analyst salary in India ranges between ₹2.8 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 HSBC Group latest salaries received from various employees of HSBC Group.