HSBC Group IT Manager Salaries by 4 Employees (Updated 2024)

6 - 15 years exp.

₹6.5 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

15% less than the average IT Manager Salary in Financial Services Companies for 6 - 15 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Engineering - Hardware & Networks IT Manager Salary 6 - 9 years exp. (AmbitionBox Estimate)	₹6.5 L/yr - ₹9.6 L/yr
Login to view exact salary
IT & Information Security IT Manager Salary 11 years exp. (AmbitionBox Estimate)	₹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
Standard Chartered IT Manager Salary 14 - 18 years exp. (7 salaries)	₹19 L/yr - ₹33 L/yr 107% more
ICICI Bank IT Manager Salary 6 - 14 years exp. (25 salaries)	₹8.3 L/yr - ₹21.9 L/yr 7% more
Login to view exact salary
Axis Bank IT Manager Salary 3 - 11 years exp. (56 salaries)	₹9.7 L/yr - ₹17.3 L/yr 20% more
HDFC Bank IT Manager Salary 2 - 14 years exp. (116 salaries)	₹6.7 L/yr - ₹20.4 L/yr 7% more
State Bank of India IT Manager Salary 8 - 16 years exp. (8 salaries)	₹15 L/yr - ₹22 L/yr 68% more
Kotak Mahindra Bank IT Manager Salary 4 - 11 years exp. (18 salaries)	₹6.4 L/yr - ₹18.5 L/yr 4% less
IndusInd Bank IT Manager Salary 5 - 12 years exp. (33 salaries)	₹5.2 L/yr - ₹22.5 L/yr 8% more
Yes Bank IT Manager Salary 1 - 7 years exp. (5 salaries)	₹8.8 L/yr - ₹17.1 L/yr 43% more
RBL Bank IT Manager Salary 2 - 9 years exp. (55 salaries)	₹4.3 L/yr - ₹15.5 L/yr 11% less
Cholamandalam Investment & Finance IT Manager Salary 8 - 18 years exp. (20 salaries)	₹9.5 L/yr - ₹19.2 L/yr 50% more
Wells Fargo IT Manager Salary 11 - 17 years exp. (13 salaries)	₹19 L/yr - ₹35 L/yr 136% more
Login to view exact salary
Morgan Stanley IT Manager Salary 3 - 11 years exp. (12 salaries)	₹18.5 L/yr - ₹35 L/yr 143% more
BNP Paribas IT Manager Salary 12 - 14 years exp. (8 salaries)	₹16 L/yr - ₹27.3 L/yr 104% more
Aditya Birla Capital IT Manager Salary 7 - 10 years exp. (4 salaries)	₹8.7 L/yr - ₹18.2 L/yr 2% less
JPMorgan Chase & Co. IT Manager Salary 9 - 17 years exp. (4 salaries)	₹17 L/yr - ₹60 L/yr 258% more
Citicorp IT Manager Salary 5 - 9 years exp. (3 salaries)	₹9 L/yr - ₹16.5 L/yr 2% more
Muthoot Group IT Manager Salary 10 - 15 years exp. (3 salaries)	₹4.5 L/yr - ₹10 L/yr 42% less

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.

Experience wise HSBC Group IT Manager salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
15+ years (AmbitionBox Estimate)	₹11.7 L/yr - ₹14.9 L/yr

Similar Designation salaries in HSBC Group

Deputy Manager Salary

(15 salaries)

₹4.5 L/yr - ₹9.54 L/yr

NOC Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

IT Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

IT Administrator Salary

(AmbitionBox Estimate)

₹4.3 L/yr - ₹5.5 L/yr

Technical Lead Salary

(45 salaries)

₹11.3 L/yr - ₹35 L/yr

Senior Engineer Salary

(7 salaries)

₹10 L/yr - ₹31.2 L/yr

Senior Analyst Salary

(971 salaries)

₹5.5 L/yr - ₹22.02 L/yr

System Engineer Salary

(15 salaries)

₹3 L/yr - ₹7.91 L/yr

Network Engineer Salary

(10 salaries)

₹5.5 L/yr - ₹13 L/yr

Senior Specialist Salary

(6 salaries)

₹21 L/yr - ₹35 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

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.

Dislikes

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

Senior Analyst in Bangalore / Bengaluru

Risk Management & Compliance Department

5.0

• posted on 23 Mar 2022

3.0

for Salary and Benefits

Likes

Good work life balance. Colleagues are very understanding and collaboration is second nature in HSBC.

Dislikes

Learning is very limited unless one is proactive and pay is not very impressive according to competing companies.

Assistant Manager Operations in Bangalore / Bengaluru

Full Time

Customer Success, Service & Operations Department

5.0

• posted on 28 Sep 2024

4.0

for Salary and Benefits

Likes

One of the best company to work with & it's policies helps to balance our family & work life. Staff friendly company & I am proud to be a part of this wonderdul company.

Dislikes

I wouldn't say dislike but may be a suggestion, I have heard from my colleagues that HSBC pay package is not very competitive, I am personally happy with the package.

Business Analyst in Kolkata

Full Time

Data Science & Analytics Department

5.0

• posted on 05 Jul 2024

4.0

for Salary and Benefits

Likes

Almost everything, good work life balance, achievable targets, freedom to experiment around with the work itself, ESG programs. It is a all you need in one place kind of job. +1 to the leaders of company, they actually teach you a lot. Really happy to be here.

Dislikes

Not very competitive Salary :,)

Consultant in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 03 May 2024

3.0

for Salary and Benefits

Likes

...mpanies. Overall work is good, work life balance is there, work culture is good. If you get a good package when joining, can stay in here for few years comfortably.

Dislikes

Current increment process and promotion process

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

Got a question about HSBC Group?

Ask anonymously on communities.

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 ₹27.3 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 - ₹9.7 Lakhs to ₹17.3 Lakhs per year
IndusInd Bank IT Manager Salary - ₹5.2 Lakhs to ₹22.5 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?

What is the notice period for IT Manager at HSBC Group?

According to AmbitionBox, 100% of the HSBC Group IT Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
HSBC Group Salaries >
HSBC Group IT Manager Salaries

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