HSBC Group IT Project Manager Salaries by 10+ Employees (Updated 2025)

11 - 20 years exp.

₹16.3 Lakhs - ₹35.2 Lakhs

Salary of majority employees

32% more than the average IT Project Manager Salary in Financial Services Companies for 11 - 20 years of experience

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Salaries in different departments

Project & Program Management IT Project Manager Salary 11 - 20 years exp. (8 salaries)	₹16.3 L/yr - ₹35.2 L/yr
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Engineering - Software & QA IT Project Manager Salary 13 - 18 years exp. (5 salaries)	₹20 L/yr - ₹32 L/yr

Last Updated: 5 Mar 2025

Companies similar to HSBC Group for IT Project Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered IT Project Manager Salary 12 - 23 years exp. (3 salaries)	₹24 L/yr - ₹30 L/yr 10% more
ICICI Bank IT Project Manager Salary 7 - 13 years exp. (9 salaries)	₹10.1 L/yr - ₹19 L/yr 29% less
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Axis Bank IT Project Manager Salary 1 - 7 years exp. (5 salaries)	₹10 L/yr - ₹15.4 L/yr 49% less
HDFC Bank IT Project Manager Salary 5 - 14 years exp. (22 salaries)	₹8.1 L/yr - ₹26 L/yr 35% less
State Bank of India IT Project Manager Salary 8 - 15 years exp. (3 salaries)	₹24 L/yr - ₹26 L/yr 4% more
IndusInd Bank IT Project Manager Salary 10 - 15 years exp. (8 salaries)	₹8.2 L/yr - ₹20.8 L/yr 35% less
Yes Bank IT Project Manager Salary 9 - 18 years exp. (4 salaries)	₹12 L/yr - ₹18 L/yr 29% less
RBL Bank IT Project Manager Salary 6 - 18 years exp. (7 salaries)	₹10 L/yr - ₹27.8 L/yr 23% less
UBS IT Project Manager Salary 7 - 17 years exp. (17 salaries)	₹8 L/yr - ₹38 L/yr 9% less
Citicorp IT Project Manager Salary 5 - 20 years exp. (11 salaries)	₹15.8 L/yr - ₹35 L/yr 7% more
Wells Fargo IT Project Manager Salary 7 - 20 years exp. (8 salaries)	₹14.3 L/yr - ₹39.1 L/yr 2% more
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JPMorgan Chase & Co. IT Project Manager Salary 5 - 18 years exp. (5 salaries)	₹8.3 L/yr - ₹26 L/yr 16% less
Aon IT Project Manager Salary 7 - 20 years exp. (4 salaries)	₹14 L/yr - ₹30 L/yr 10% less
Aditya Birla Capital IT Project Manager Salary 4 - 13 years exp. (4 salaries)	₹6.5 L/yr - ₹22 L/yr 44% less
Cholamandalam Investment & Finance IT Project Manager Salary 8 - 12 years exp. (4 salaries)	₹13.8 L/yr - ₹21.5 L/yr 26% less
BNP Paribas IT Project Manager Salary 13 - 18 years exp. (4 salaries)	₹15 L/yr - ₹29 L/yr 10% less
State Street Corporation IT Project Manager Salary 5 - 14 years exp. (3 salaries)	₹10 L/yr - ₹37.5 L/yr 20% less

IT Project Manager salary at HSBC Group ranges between ₹16.3 Lakhs to ₹35.2 Lakhs per year for employees with experience between 11 years to 20 years. Salary estimates are based on 18 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group IT Project Manager salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹25 L/yr
12 years (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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13 years (AmbitionBox Estimate)	₹18 L/yr - ₹39.7 L/yr
14 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹41.4 L/yr
15+ years (13 salaries)	₹17 L/yr - ₹35.2 L/yr

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Salary related reviews for HSBC Group

3.3

Rated by 2 employees for salary & benefits

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

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 21 May 2022

2.0

for Salary and Benefits

Likes

Good Work Life balance Excellent paid leaves - 34 leaves + 10 sick leaves per year Good team collaboration Medical insurance covered Transport facility only for the localites

Skill development - Excellent

+3 more

Dislikes

Highly structural and follow standards Pay hikes to be improved - very low compared to the market Struggle to get recognized over the departments - heavy politics No extra amenities provided

Salary - Poor

+1 more

Senior Consultant Specialist in Pune

Engineering - Software & QA Department

4.0

• posted on 08 Apr 2022

3.0

for Salary and Benefits

Likes

Good culture, learning and work environment. Lot of opportunities of land up in right team at right time.

Skill development - Good

+2 more

Dislikes

...re is a lot of politics in some areas and management doesn't address our issues. Salary is decent but it depends on how well you represented across management by your leads. On the job new to domain, culture will take time to gel may be someone not used to will feel odd man out or process difference.

Senior Software Engineer in Yerwada, Pune

Engineering - Software & QA Department

3.0

• posted on 04 Mar 2022

5.0

for Salary and Benefits

Likes

...k Life Balance. Company policies are also good, appraisals are fair and decent. They also give bonus every year.

Salary - Excellent

+3 more

Dislikes

As I was working in IT department of bank, the career growth is slow as IT is secondary to them. They are using lot of legacy technology and no one bother to adapt new. Job security is also not there at senior level and you could see pink slip if your role is redundant.

Skill development - Poor

Senior Consultant Specialist in Pune

Engineering - Software & QA Department

3.0

• posted on 12 Feb 2022

2.0

for Salary and Benefits

Likes

No salary hikes if you are joining as GCB 5 and above. Job cut was planned but due to high attrition that was somehow avoided as lot of people has already resigned. Work wise you will get good work if you are lucky to get one such project.

Dislikes

No salary hikes in 2021 and 2022 also very less hike.

Salary - Poor

+3 more

see more salary related reviews

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HSBC Group IT Project Manager Salary FAQs

What is the salary of IT Project Manager at HSBC Group ?

The average salary of a IT Project Manager at HSBC Group in India typically ranges from ₹16.3 Lakhs to ₹35.2 Lakhs per year, depending on experience (from 11 years to 20 years).

The top 10% of IT Project Manager at HSBC Group earn more than ₹34.1 Lakhs per year, and the top 1% earn over ₹35.2 Lakhs per year. IT Project Manager 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 10+ HSBC Group employees in India.

What is the estimated take home salary of a IT Project Manager at HSBC Group in India?

The estimated take-home salary of a IT Project Manager at HSBC Group in India typically ranges from ₹1,55,561 to ₹1,61,458 per month. This is based on the average salary range of ₹16.3 Lakhs to ₹35.2 Lakhs per year for employees with experience ranging from 11 years to 20 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 10+ 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 Project Manager in India?

Standard Chartered	₹24.0 Lakhs to ₹30.0 Lakhs per year
Citicorp	₹15.8 Lakhs to ₹35.0 Lakhs per year
State Bank of India	₹24.0 Lakhs to ₹26.0 Lakhs per year
Wells Fargo	₹14.3 Lakhs to ₹39.1 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.

What is the salary of a IT Project Manager in companies similar to HSBC Group in India?

The salary of a IT Project Manager at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UBS	₹8.0 Lakhs to ₹38.0 Lakhs per year
BNP Paribas	₹15.0 Lakhs to ₹29.0 Lakhs per year
Aon	₹14.0 Lakhs to ₹30.0 Lakhs per year
JPMorgan Chase & Co.	₹8.3 Lakhs to ₹26.0 Lakhs per year
State Street Corporation	₹10.0 Lakhs to ₹37.5 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a IT Project Manager at HSBC Group in India?

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

Experience	Average Salary Range
11 years	₹8.0 Lakhs to ₹25.0 Lakhs per year
12 years	₹18.9 Lakhs to ₹24.2 Lakhs per year
13 years	₹18.0 Lakhs to ₹39.7 Lakhs per year
14 years	₹16.3 Lakhs to ₹41.4 Lakhs per year

and so on.

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HSBC Group IT Project Manager Salaries

HSBC Group IT Project Manager salary in India ranges between ₹16.3 Lakhs to ₹35.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 HSBC Group latest salaries received from various employees of HSBC Group.