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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 IT Analyst salaries in India

Annual salary range
0 - 8 years exp.
₹2 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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59% less than the average IT Analyst Salary in Financial Services Companies for 0 - 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 - ₹3.2 L/yr

Engineering - Hardware & Networks
IT Analyst Salary
2 - 4 years exp. (3 salaries)
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₹5.2 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 - ₹3.4 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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Standard Chartered IT Analyst Salary

0 - 5 years exp. (5 salaries)

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₹3.8 L/yr - ₹11 L/yr

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ICICI Bank IT Analyst Salary

0 - 2 years exp. (45 salaries)

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₹5 L/yr - ₹19 L/yr

arrow icon 187% more
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Axis Bank IT Analyst Salary

1 - 10 years exp. (5 salaries)

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₹10.9 L/yr - ₹41.3 L/yr

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HDFC Bank IT Analyst Salary

6 - 13 years exp. (6 salaries)

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₹6 L/yr - ₹25.1 L/yr

arrow icon 282% more
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State Bank of India IT Analyst Salary

3 - 17 years exp. (4 salaries)

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₹6.5 L/yr - ₹24 L/yr

arrow icon 200% more
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IndusInd Bank IT Analyst Salary

2 - 6 years exp. (3 salaries)

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₹3 L/yr - ₹10.5 L/yr

arrow icon 80% more
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UBS IT Analyst Salary

3 - 11 years exp. (93 salaries)

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₹4.5 L/yr - ₹12.8 L/yr

arrow icon 101% more
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Citicorp IT Analyst Salary

0 - 12 years exp. (19 salaries)

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₹4.5 L/yr - ₹17.7 L/yr

arrow icon 150% more
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JPMorgan Chase & Co. IT Analyst Salary

0 - 12 years exp. (19 salaries)

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₹4.4 L/yr - ₹12 L/yr

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Wells Fargo IT Analyst Salary

2 - 12 years exp. (14 salaries)

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₹4 L/yr - ₹14.4 L/yr

arrow icon 132% 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

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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

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BNP Paribas IT Analyst Salary

6 - 7 years exp. (5 salaries)

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₹9.9 L/yr - ₹11.7 L/yr

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American Express IT Analyst Salary

2 - 5 years exp. (4 salaries)

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₹4.9 L/yr - ₹16.5 L/yr

arrow icon 181% more
IT Analyst salary at HSBC Group ranges between ₹2 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 10 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
Fresher (AmbitionBox Estimate)

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₹2 L/yr - ₹7 L/yr
1 year (AmbitionBox Estimate)

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₹3.5 L/yr - ₹4.5 L/yr
2 years (AmbitionBox Estimate)

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₹1.6 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
View all

Similar Designation salaries in HSBC Group

Analyst Salary
(1.1k salaries)
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₹4.3 L/yr - ₹15.44 L/yr
Data Analyst Salary
(166 salaries)
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₹4.42 L/yr - ₹16.46 L/yr
Senior Analyst Salary
(985 salaries)
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₹5.49 L/yr - ₹22 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
(42 salaries)
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₹9.8 L/yr - ₹33 L/yr
Data Engineer Salary
(53 salaries)
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₹5.24 L/yr - ₹19.2 L/yr
SQL Developer Salary
(AmbitionBox Estimate)
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₹6.1 L/yr - ₹7.8 L/yr
Senior Associate Salary
(386 salaries)
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₹4.5 L/yr - ₹19 L/yr

Salary related reviews for HSBC Group

4.1

Rated by 5 employees for salary & benefits

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

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

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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

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.

Dislikes

...ncy. Sone manages make it hard for the analysts to maintain work life balance. Salary growth is very slow.

read more

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

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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

Full Time

 · 

Data Science & Analytics Department

3.0
  •  posted on 06 Feb 2023

2.0
 for  Salary and Benefits

Likes

Work life balance is decent, job security is high in HSBC India.. Decei learning opportunities..

Dislikes

Compensation is not competitive at all compared to its market competitors.. Promotions and hikes are poor and managers play favourites..

read more
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HSBC Group IT Analyst Salary FAQs

What is the salary of IT Analyst at HSBC Group?
IT Analyst salary at HSBC Group in India ranges between ₹2.0 Lakhs to ₹7.5 Lakhs for less than 1 year of experience to 8 years. According to our estimates it is 59% less than the average IT Analyst Salary in India. Salary estimates are based on 10 latest salaries received from various employees of HSBC Group India.
How does the salary of a IT Analyst at HSBC Group India compare with the average salary range for this job?
The average salary of a IT Analyst at HSBC Group is 59% less than the average salary of a IT Analyst in India. To know exact salary insights, login to view.
Which similar companies are paying more than HSBC Group to a IT Analyst in India?
  • Axis Bank IT Analyst Salary - ₹10.9 Lakhs to ₹41.3 Lakhs per year
  • HDFC Bank IT Analyst Salary - ₹6.0 Lakhs to ₹25.1 Lakhs per year
  • Morgan Stanley IT Analyst Salary - ₹6.0 Lakhs to ₹21.9 Lakhs per year
  • State Bank of India IT Analyst Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year
  • ICICI Bank IT Analyst Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year
What is the salary of a IT Analyst in companies similar to HSBC Group in India?
  • American Express IT Analyst Salary - ₹4.9 Lakhs to ₹16.5 Lakhs per year
  • BNP Paribas IT Analyst Salary - ₹9.9 Lakhs to ₹11.7 Lakhs per year
  • Citicorp IT Analyst Salary - ₹4.5 Lakhs to ₹17.7 Lakhs per year
  • Wells Fargo IT Analyst Salary - ₹4.0 Lakhs to ₹14.4 Lakhs per year
  • JPMorgan Chase & Co. IT Analyst Salary - ₹4.4 Lakhs to ₹12.0 Lakhs per year
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 ranges between ₹29,432 per month to ₹30,805 per month in India. The take-home salary calculation is based on the average HSBC Group IT Analyst salary in India which ranges between ₹2.0 Lakhs to ₹7.5 Lakhs per year for employees with less than 1 year of experience to 8 years. Check how did we calculate take home salary?
What is the notice period for IT Analyst at HSBC Group?
According to AmbitionBox, 50% of the HSBC Group IT Analysts reported a notice period of 15 days or less, 50% reported a notice period of 1 Month.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Group IT Analyst salary in India ranges between ₹2 Lakhs to ₹7.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 HSBC Group latest salaries received from various employees of HSBC Group.