HSBC Group Kolkata IT Analyst Salaries by 6 Employees

3 - 8 years exp.

₹2.8 Lakhs - ₹3.7 Lakhs

Salary of majority employees

65% less than the average IT Analyst Salary in Financial Services Companies for 3 - 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)	₹2.8 L/yr - ₹3.2 L/yr
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Product Management IT Analyst Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹2.8 L/yr - ₹3.3 L/yr

Last Updated: 31 Jul 2024

Companies similar to HSBC Group for IT Analyst in Kolkata

HSBC Group IT Analyst Salary

3 - 8 years exp. (6 salaries)

₹2.8 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS IT Analyst Salary 3 - 11 years exp. (7.5k salaries)	₹5 L/yr - ₹15 L/yr 181% more
Accenture IT Analyst Salary 2 - 8 years exp. (21 salaries)	₹4.8 L/yr - ₹15.6 L/yr 184% more	9 job openings
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HSBC Electronic Data Processing IT Analyst Salary 2 - 12 years exp. (11 salaries)	₹2.6 L/yr - ₹5.2 L/yr 11% more
Infosys IT Analyst Salary 4 - 7 years exp. (8 salaries)	₹5.1 L/yr - ₹11.7 L/yr 181% more
Delhi City School IT Analyst Salary 4 - 7 years exp. (5 salaries)	₹5 L/yr - ₹9.4 L/yr 96% more

IT Analyst salary at HSBC Group ranges between ₹2.8 Lakhs to ₹3.7 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group IT Analyst salaries in Kolkata

Last Updated: 31 Jul 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹6.4 L/yr
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5 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.2 L/yr
7 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6.1 L/yr
8 years (AmbitionBox Estimate)	₹2.8 L/yr - ₹6 L/yr

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Similar Designation salaries in HSBC Group

Senior Analyst Salary

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₹6.86 L/yr - ₹24 L/yr

Analyst Salary

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₹4.5 L/yr - ₹18 L/yr

Senior Associate Salary

(24 salaries)

₹5.04 L/yr - ₹20.3 L/yr

Data Analyst Salary

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₹4.55 L/yr - ₹15 L/yr

Salary related reviews for HSBC Group

4.0

Rated by 3 employees for salary & benefits

Senior Associate in Bangalore / Bengaluru

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.

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.

Analyst in Bangalore / Bengaluru

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

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

Job security - Poor

+3 more

Senior Analyst in Kolkata

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.

Salary - Poor

+2 more

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

Analyst in Kolkata

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..

Skill development - Good

+3 more

Dislikes

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

Salary - Poor

+1 more

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Salary Discussions, Hike & Promotions

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HSBC Group IT Analyst Salary FAQs

What is the salary of IT Analyst at HSBC Group in Kolkata?

The average salary of a IT Analyst at HSBC Group in Kolkata typically ranges from ₹2.8 Lakhs to ₹3.7 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of IT Analyst in Kolkata at HSBC Group earn more than ₹2.9 Lakhs per year, and the top 1% earn over ₹2.9 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 6 HSBC Group employees in India.

What is the estimated take home salary of a IT Analyst at HSBC Group in Kolkata?

The estimated take-home salary of a IT Analyst at HSBC Group in Kolkata typically ranges from ₹25,661 to ₹27,090 per month. This is based on the average salary range of ₹2.8 Lakhs to ₹3.7 Lakhs per year for employees with experience ranging from 3 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 6 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?

Accenture	₹4.8 Lakhs to ₹15.6 Lakhs per year
Infosys	₹5.1 Lakhs to ₹11.7 Lakhs per year
TCS	₹5.0 Lakhs to ₹15.0 Lakhs per year
Delhi City School	₹5.0 Lakhs to ₹9.4 Lakhs per year
HSBC Electronic Data Processing	₹2.6 Lakhs to ₹5.2 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.

How the salary growth look like for a IT Analyst at HSBC Group in Kolkata?

The salary growth for a IT Analyst at HSBC Group in Kolkata depends on factors such as experience, performance, and promotions. On average, a IT Analyst in Kolkata can expect the following growth trajectory at HSBC Group:

Experience	Average Salary Range
3 years	₹2.8 Lakhs to ₹6.5 Lakhs per year
4 years	₹2.9 Lakhs to ₹6.4 Lakhs per year
5 years	₹2.8 Lakhs to ₹6.3 Lakhs per year
6 years	₹2.8 Lakhs to ₹6.2 Lakhs per year

and so on.

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HSBC Group IT Analyst Salaries in Kolkata

HSBC Group IT Analyst salary in Kolkata ranges between ₹2.8 Lakhs to ₹3.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HSBC Group latest salaries received from various employees of HSBC Group.