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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 Manager salaries in India

Annual salary range
6 - 15 years exp.
₹6.5 Lakhs - ₹18 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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15% less than the average IT Manager Salary in Financial Services Companies for 6 - 15 years of experience

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Salaries in different departments

Engineering - Hardware & Networks
IT Manager Salary
6 - 9 years exp. (AmbitionBox Estimate)
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₹6.5 L/yr - ₹9.6 L/yr

IT & Information Security
IT Manager Salary
11 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹19.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to HSBC Group for IT Manager

Company name Avg Annual Salary Open Jobs
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Standard Chartered IT Manager Salary

14 - 18 years exp. (7 salaries)

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₹19 L/yr - ₹33 L/yr

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ICICI Bank IT Manager Salary

6 - 14 years exp. (25 salaries)

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₹8.3 L/yr - ₹21.9 L/yr

arrow icon 7% more
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Axis Bank IT Manager Salary

1 - 12 years exp. (70 salaries)

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₹10 L/yr - ₹18 L/yr

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HDFC Bank IT Manager Salary

1 - 11 years exp. (109 salaries)

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₹6.7 L/yr - ₹20 L/yr

arrow icon 1% more
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State Bank of India IT Manager Salary

8 - 16 years exp. (8 salaries)

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₹15 L/yr - ₹22 L/yr

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Kotak Mahindra Bank IT Manager Salary

5 - 11 years exp. (16 salaries)

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₹6.4 L/yr - ₹18.5 L/yr

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IndusInd Bank IT Manager Salary

5 - 12 years exp. (31 salaries)

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₹5.2 L/yr - ₹22.5 L/yr

arrow icon 9% more
3 job openings
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Yes Bank IT Manager Salary

1 - 7 years exp. (5 salaries)

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₹8.8 L/yr - ₹17.1 L/yr

arrow icon 43% more
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RBL Bank IT Manager Salary

2 - 9 years exp. (54 salaries)

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₹5 L/yr - ₹15.5 L/yr

arrow icon 8% less
1 job opening
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₹9.5 L/yr - ₹19.2 L/yr

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Wells Fargo IT Manager Salary

11 - 17 years exp. (13 salaries)

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₹19 L/yr - ₹35 L/yr

arrow icon 136% more
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Morgan Stanley IT Manager Salary

3 - 11 years exp. (12 salaries)

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₹18.5 L/yr - ₹35 L/yr

arrow icon 143% more
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BNP Paribas IT Manager Salary

12 - 15 years exp. (7 salaries)

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₹16 L/yr - ₹26 L/yr

arrow icon 95% more
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Aditya Birla Capital IT Manager Salary

7 - 10 years exp. (4 salaries)

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₹8.7 L/yr - ₹18.2 L/yr

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JPMorgan Chase & Co. IT Manager Salary

9 - 17 years exp. (4 salaries)

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₹17 L/yr - ₹60 L/yr

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Citicorp IT Manager Salary

8 - 9 years exp. (AmbitionBox Estimate)

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₹11.5 L/yr - ₹14.7 L/yr

arrow icon 12% more
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Muthoot Group IT Manager Salary

10 - 15 years exp. (3 salaries)

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₹4.5 L/yr - ₹10 L/yr

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IT Manager salary at HSBC Group ranges between ₹6.5 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group IT Manager

1y ago
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9 years exp.
1y ago
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11 years exp.
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6 years exp.

Experience wise HSBC Group IT Manager salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)

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₹8.6 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)

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₹16.2 L/yr - ₹20.7 L/yr
15+ years (AmbitionBox Estimate)

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₹11.7 L/yr - ₹14.9 L/yr

Similar Designation salaries in HSBC Group

Deputy Manager Salary
(15 salaries)
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₹6 L/yr - ₹15 L/yr
Project Manager Salary
(219 salaries)
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₹13.24 L/yr - ₹45 L/yr
Team Lead Salary
(90 salaries)
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₹6.9 L/yr - ₹28.25 L/yr
Analyst Salary
(1.1k salaries)
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₹4.29 L/yr - ₹15.46 L/yr
IT Executive Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
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₹7 L/yr - ₹21.14 L/yr
Technical Lead Salary
(42 salaries)
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₹9.8 L/yr - ₹33 L/yr
IT Operations Manager Salary
(AmbitionBox Estimate)
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₹47.5 L/yr - ₹52.5 L/yr
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₹10 L/yr - ₹31.2 L/yr
Devops Engineer Salary
(60 salaries)
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₹4.75 L/yr - ₹18 L/yr

Top skills at HSBC Group for IT Manager

Interpersonal Skills IT Sourcing Relationship Management Compliance Financial Services CCTV Monitoring Subject Matter Expertise Private Banking Procurement

Salary related reviews for HSBC Group

4.0

Rated by 1 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 26 Dec 2024

3.0
 for  Salary and Benefits

Likes

If you are looking for Growth in work and Good work culture and work life balance then HSBC is definitely one of the best options.

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Dislikes

Appraisals and Promotions are not good. Pay wise you may not feel satisfied ever. Good for 35 + people who are already in good carreer bands.

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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.

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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

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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
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HSBC Group IT Manager Salary FAQs

What is the salary of IT Manager at HSBC Group?
IT Manager salary at HSBC Group in India ranges between ₹6.5 Lakhs to ₹18.0 Lakhs for experience between 6 years to 15 years. According to our estimates it is 15% less than the average IT Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group India.
How does the salary of a IT Manager at HSBC Group India compare with the average salary range for this job?
The average salary of a IT Manager at HSBC Group is 15% less than the average salary of a IT Manager in India. To know exact salary insights, login to view.
What are the top skills required to work as a IT Manager at HSBC Group?
Interpersonal Skills, IT Sourcing, Relationship Management, Compliance and Financial Services are some of the popular skills required to work as a IT Manager at HSBC Group India.
Which similar companies are paying more than HSBC Group to a IT Manager in India?
  • JPMorgan Chase & Co. IT Manager Salary - ₹17.0 Lakhs to ₹60.0 Lakhs per year
  • Morgan Stanley IT Manager Salary - ₹18.5 Lakhs to ₹35.0 Lakhs per year
  • Wells Fargo IT Manager Salary - ₹19.0 Lakhs to ₹35.0 Lakhs per year
  • Standard Chartered IT Manager Salary - ₹19.0 Lakhs to ₹33.0 Lakhs per year
  • BNP Paribas IT Manager Salary - ₹16.0 Lakhs to ₹26.0 Lakhs per year
What is the salary of a IT Manager in companies similar to HSBC Group in India?
  • State Bank of India IT Manager Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year
  • Cholamandalam Investment & Finance IT Manager Salary - ₹9.5 Lakhs to ₹19.2 Lakhs per year
  • Yes Bank IT Manager Salary - ₹8.8 Lakhs to ₹17.1 Lakhs per year
  • Axis Bank IT Manager Salary - ₹10.0 Lakhs to ₹18.0 Lakhs per year
  • Citicorp IT Manager Salary - ₹11.5 Lakhs to ₹14.7 Lakhs per year
What is the estimated take home salary of a IT Manager at HSBC Group in India?
The estimated take-home salary of a IT Manager at HSBC Group ranges between ₹83,772 per month to ₹85,961 per month in India. The take-home salary calculation is based on the average HSBC Group IT Manager salary in India which ranges between ₹6.5 Lakhs to ₹18.0 Lakhs per year for employees with experience between 6 years to 15 years. Check how did we calculate take home salary?

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HSBC Group IT Manager salary in India ranges between ₹6.5 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.