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HSBC Group

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3.9

based on 4.8k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group IT Manager salaries in Mumbai

Annual salary range
6 - 11 years exp.
₹11 Lakhs - ₹14.1 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.
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Salaries in different departments

Engineering - Hardware & Networks
IT Manager Salary
6 years exp. (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.2 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: 14 Mar 2023

Companies similar to HSBC Group for IT Manager in Mumbai

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HSBC Group IT Manager Salary

6 - 11 years exp. (AmbitionBox Estimate)

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₹11 L/yr - ₹14.1 L/yr

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₹6.4 L/yr - ₹18.5 L/yr

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4 - 6 years exp. (3 salaries)
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Cholamandalam Investment & Finance IT Manager Salary

16 - 18 years exp. (3 salaries)
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₹15 L/yr - ₹17.6 L/yr

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BNP Paribas IT Manager Salary

12 - 14 years exp. (3 salaries)
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₹16 L/yr - ₹25 L/yr

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IT Manager salary at HSBC Group ranges between ₹11 Lakhs to ₹14.1 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of HSBC Group.

Similar Designation salaries in HSBC Group

Analyst Salary
(27 salaries)
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₹5.5 L/yr - ₹23.3 L/yr
Project Manager Salary
(3 salaries)
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₹18 L/yr - ₹30 L/yr
Team Lead Salary
(3 salaries)
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₹8 L/yr - ₹17.5 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

Devops Engineer in Pune

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.

read more
  • Skill development - Good
    • +4 more

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.

read more

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.

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

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

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

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.

read more
  • 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

read more
  • 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

read more
  • Salary - Bad
    • +2 more
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an architect
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 Manager Salary FAQs

How the salary growth look like for a IT Manager at HSBC Group in Mumbai?
The salary growth for a IT Manager at HSBC Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a IT Manager in Mumbai can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
6 years ₹5.9 Lakhs to ₹7.5 Lakhs per year
11 years ₹16.2 Lakhs to ₹20.7 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group IT Manager salary in Mumbai ranges between ₹11 Lakhs to ₹14.1 Lakhs. This is an estimate based on latest salaries received from employees of HSBC Group.