HSBC Group Pune IT Service Manager Salaries by 4 Employees (Updated 2025)

10 - 18 years exp.

₹20 Lakhs - ₹28.6 Lakhs

Salary of majority employees

92% more than the average IT Service Manager Salary in Financial Services Companies for 10 - 18 years of experience

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Last Updated: 4 Jan 2025

Companies similar to HSBC Group for IT Service Manager in Pune

HSBC Group IT Service Manager Salary

10 - 18 years exp. (4 salaries)

₹20 L/yr - ₹28.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Wipro IT Service Manager Salary 3 - 14 years exp. (7 salaries)	₹6.3 L/yr - ₹18 L/yr 55% less
Siemens Energy IT Service Manager Salary 10 - 13 years exp. (6 salaries)	₹13 L/yr - ₹30 L/yr 18% less
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TCS IT Service Manager Salary 10 - 14 years exp. (5 salaries)	₹7 L/yr - ₹10 L/yr 66% less
Accenture IT Service Manager Salary 9 - 14 years exp. (4 salaries)	₹10 L/yr - ₹16.3 L/yr 49% less
Bio-Analytical Technologies IT Service Manager Salary 13 - 17 years exp. (4 salaries)	₹12.5 L/yr - ₹19.5 L/yr 29% less

IT Service Manager salary at HSBC Group ranges between ₹20 Lakhs to ₹28.6 Lakhs per year for employees with experience between 10 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group IT Service Manager salaries in Pune

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹24.8 L/yr - ₹31.7 L/yr
11 years (AmbitionBox Estimate)	₹25.7 L/yr - ₹32.9 L/yr
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15+ years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr

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Service Delivery Manager Salary

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Salary related reviews for HSBC Group

Senior Analyst in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

• posted on 26 Feb 2025

2.0

for Salary and Benefits

Likes

If you go to right team then plenty of opportunity to do experiments and high end work. And easy team switches

Skill development - Excellent

+3 more

Dislikes

Promotion and salary growth is too slow. No meritocratic rank ordering. No fairness in pay distribution across band. You might be killing youself at the job and you also might be at low pay but you would never be corrected or even fairly compensated

Salary - Poor

+2 more

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.

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.

Senior Analyst in Hyderabad / Secunderabad

Full Time

Data Science & Analytics Department

1.0

• posted on 21 Feb 2025

1.0

for Salary and Benefits

Dislikes

Salary hike is not based on your year long hardwork but rather on your salary band in comparison to company' average. That means what ever hard work you do it doesn't matter or not cared rather as you are in a higher salary band

Salary - Bad

+4 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.

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

see more salary related reviews

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What people are saying about HSBC Group

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an associate analyst

I got Selected for financial crime investigator in HSBC for Hydrabad location at 8LPA. For this I have to relocate from Kolkata. In my current company I got promoted and getting 5.5 LPA in Kolkata. My current company is very new and small company. I have an overall 1.5 years of experience.

Should I relocate to Hyderabad for HSBC?

Yes

5 participants . expiring in 1w

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HSBC Group IT Service Manager Salary FAQs

What is the salary of IT Service Manager at HSBC Group in Pune?

The average salary of a IT Service Manager at HSBC Group in Pune typically ranges from ₹20.0 Lakhs to ₹28.6 Lakhs per year, depending on experience (from 10 years to 18 years).

The top 10% of IT Service Manager in Pune at HSBC Group earn more than ₹28.6 Lakhs per year, and the top 1% earn over ₹28.6 Lakhs per year. IT Service 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 4 HSBC Group employees in India.

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

The estimated take-home salary of a IT Service Manager at HSBC Group in Pune typically ranges from ₹1,53,346 to ₹1,59,143 per month. This is based on the average salary range of ₹20.0 Lakhs to ₹28.6 Lakhs per year for employees with experience ranging from 10 years to 18 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 4 salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a IT Service Manager in companies similar to HSBC Group in Pune?

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

Siemens Energy	₹13.0 Lakhs to ₹30.0 Lakhs per year
Bio-Analytical Technologies	₹12.5 Lakhs to ₹19.5 Lakhs per year
Accenture	₹10.0 Lakhs to ₹16.3 Lakhs per year
Wipro	₹6.3 Lakhs to ₹18.0 Lakhs per year
TCS	₹7.0 Lakhs to ₹10.0 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 Service Manager at HSBC Group in Pune?

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

Experience	Average Salary Range
10 years	₹24.8 Lakhs to ₹31.7 Lakhs per year
11 years	₹25.7 Lakhs to ₹32.9 Lakhs per year
15 years	₹18.0 Lakhs to ₹23.0 Lakhs per year

and so on.

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HSBC Group IT Service Manager Salaries in Pune

HSBC Group IT Service Manager salary in Pune ranges between ₹20 Lakhs to ₹28.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.