HSBC Group Mumbai Manager Salaries by 60+ Employees (Updated 2025)

2 - 18 years exp.

₹6 Lakhs - ₹25 Lakhs

Salary of majority employees

10% less than the average Manager Salary in Financial Services Companies for 2 - 18 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

BFSI, Investments & Trading Manager Salary 4 - 18 years exp. (20 salaries)	₹6 L/yr - ₹20.1 L/yr
Finance & Accounting Manager Salary 2 - 11 years exp. (9 salaries)	₹12.5 L/yr - ₹16 L/yr
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Customer Success, Service & Operations Manager Salary 5 - 10 years exp. (7 salaries)	₹7 L/yr - ₹14.2 L/yr
Risk Management & Compliance Manager Salary 10 - 12 years exp. (4 salaries)	₹13.6 L/yr - ₹21.7 L/yr
Data Science & Analytics Manager Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹21.9 L/yr

Last Updated: 3 Mar 2025

Companies similar to HSBC Group for Manager in Mumbai

HSBC Group Manager Salary

2 - 18 years exp. (61 salaries)

₹6 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹6 L/yr - ₹22.1 L/yr 16% less
Axis Bank Manager Salary 0 - 18 years exp. (1.6k salaries)	₹5.5 L/yr - ₹17.2 L/yr 31% less	1 job opening
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Standard Chartered Manager Salary 2 - 19 years exp. (130 salaries)	₹7.3 L/yr - ₹28 L/yr 7% more
HDFC Bank Manager Salary 0 - 19 years exp. (3.3k salaries)	₹5.2 L/yr - ₹17.5 L/yr 32% less
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (1.9k salaries)	₹4 L/yr - ₹13 L/yr 43% less
IndusInd Bank Manager Salary 0 - 17 years exp. (626 salaries)	₹3 L/yr - ₹13.5 L/yr 48% less
Yes Bank Manager Salary 0 - 18 years exp. (912 salaries)	₹4.3 L/yr - ₹16 L/yr 39% less
RBL Bank Manager Salary 2 - 16 years exp. (291 salaries)	₹4.3 L/yr - ₹15.7 L/yr 40% less
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (489 salaries)	₹3.7 L/yr - ₹15 L/yr 41% less
Federal Bank Manager Salary 3 - 12 years exp. (57 salaries)	₹9 L/yr - ₹23 L/yr 15% more
Bank of Baroda Manager Salary 6 - 14 years exp. (49 salaries)	₹9 L/yr - ₹25 L/yr 22% more
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Punjab National Bank Manager Salary 3 - 11 years exp. (16 salaries)	₹7.2 L/yr - ₹22 L/yr 2% more
Canara Bank Manager Salary 5 - 14 years exp. (23 salaries)	₹8.7 L/yr - ₹24 L/yr 11% more
State Bank of India Manager Salary 6 - 15 years exp. (102 salaries)	₹12 L/yr - ₹40 L/yr 62% more
TCS Manager Salary 6 - 21 years exp. (387 salaries)	₹6.9 L/yr - ₹28 L/yr 7% more
Wipro Manager Salary 6 - 20 years exp. (90 salaries)	₹8.9 L/yr - ₹34 L/yr 30% more	11 job openings
Accenture Manager Salary 8 - 22 years exp. (447 salaries)	₹15.2 L/yr - ₹55 L/yr 122% more	101 job openings
Capgemini Manager Salary 5 - 19 years exp. (2.6k salaries)	₹10 L/yr - ₹37.2 L/yr 41% more	2 job openings
Cognizant Manager Salary 8 - 19 years exp. (154 salaries)	₹11 L/yr - ₹37.8 L/yr 78% more
Tech Mahindra Manager Salary 5 - 21 years exp. (45 salaries)	₹9 L/yr - ₹35 L/yr 39% more

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Manager salary at HSBC Group ranges between ₹6 Lakhs to ₹25 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 61 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Manager salaries in Mumbai

Last Updated: 3 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹14.3 L/yr
3 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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4 years (3 salaries)	₹14 L/yr - ₹15 L/yr
5 years (4 salaries)	₹8 L/yr - ₹20 L/yr
6 years (9 salaries)	₹7 L/yr - ₹25 L/yr
7 years (9 salaries)	₹6 L/yr - ₹21.9 L/yr
8 years (5 salaries)	₹9.9 L/yr - ₹19 L/yr
9 years (3 salaries)	₹7 L/yr - ₹26.6 L/yr
10 years (9 salaries)	₹8 L/yr - ₹21.7 L/yr
11 years (4 salaries)	₹8.3 L/yr - ₹18.8 L/yr
12 years (4 salaries)	₹7 L/yr - ₹18.8 L/yr
13 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹27.6 L/yr
14 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
15+ years (8 salaries)	₹9 L/yr - ₹20.1 L/yr

View all

Similar Designation salaries in HSBC Group

Senior Associate Salary

(12 salaries)

₹5.16 L/yr - ₹14.31 L/yr

Audit Manager Salary

(6 salaries)

₹22 L/yr - ₹40 L/yr

Management Trainee Salary

(4 salaries)

₹11 L/yr - ₹25 L/yr

Financial Analyst Salary

(3 salaries)

₹6 L/yr - ₹6.71 L/yr

Top skills at HSBC Group for Manager

Financial Services Analytical Chemistry Private Banking Balance Sheet Data Analytics

Salary related reviews for HSBC Group

4.0

Rated by 9 employees for salary & benefits

Manager in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 27 May 2022

4.0

for Salary and Benefits

Likes

Good Work Culture, Immense learning opportunity, good recognition by senior leaders and mediocre pay

Salary - Good

+6 more

Dislikes

Career growth is slow both hierarchically and financially. Variable pay is low to mediocre, Appraisal are done based on bell curve. No structured path for growth even for Graduates and Post Graduates. Rigorous timing for Asia Shift (No Flexibility, India Team have to start work at 6:30 am in the morning to support onshore)

Manager in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

4.0

• posted on 30 Jul 2023

3.0

for Salary and Benefits

Likes

The cultural of the bank is very good. You don’t have to work extra hours even if it’s urgent.

Job security - Excellent

+2 more

Dislikes

Compensation is low as compared to industry and growth opportunities are not there because of complex structure.

Skill development - Poor

Manager in Gurgoan

Full Time

Finance & Accounting Department

3.0

• posted on 09 Jul 2022

2.0

for Salary and Benefits

Likes

I like my profile

Job security - Good

Dislikes

...s not cooperative even I am on family way and spend 11.5 years in organisation Even I am flying abroad early due to maternity they ask me to pay my notice period .HR is saying we can do what ur manager say I discuss with my SVP but she put everything on VP After I declare i am on family way, my manager postponed my promotion I feel very disheartened after spending 11.5 years with HSBC.it was heartbroken.

Salary - Poor

+5 more

Manager in Hyderabad / Secunderabad

Risk Management & Compliance Department

5.0

• posted on 15 Feb 2022

3.0

for Salary and Benefits

Likes

Employee centric Organization, good work culture, respectful staff and management. Good career growth and learning is provided. Comfort life.

Skill development - Excellent

+5 more

Dislikes

market corrections are required, minimumal hikes demotivate Tenured staff. Pay packages are not competent with other companies.

Manager in Gurgaon / Gurugram

Customer Success, Service & Operations Department

5.0

• posted on 19 Apr 2022

5.0

for Salary and Benefits

Likes

...n you should join. Otherwise no learning and development. Work life is balanced. Compensation is good and bonus is also good.

Salary - Excellent

+3 more

Dislikes

Monopoly of upper management

Work satisfaction - Poor

+1 more

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HSBC Group Manager Salary FAQs

What is the salary of Manager at HSBC Group Mumbai?

Manager salary at HSBC Group in Mumbai ranges between ₹6.0 Lakhs to ₹25.0 Lakhs for experience between 2 years to 18 years. According to our estimates it is 10% less than the average Manager Salary in India. Salary estimates are based on 61 latest salaries received from various employees of HSBC Group Mumbai.

How does the salary of a Manager at HSBC Group Mumbai compare with the average salary range for this job?

The average salary of a Manager at HSBC Group is 10% less than the average salary of a Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Manager at HSBC Group?

Financial Services, Analytical Chemistry, Private Banking, Balance Sheet and Data Analytics are some of the popular skills required to work as a Manager at HSBC Group Mumbai.

Which similar companies are paying more than HSBC Group to a Manager in Mumbai?

Accenture Manager Salary - ₹15.2 Lakhs to ₹55.0 Lakhs per year
Deloitte Manager Salary - ₹15.6 Lakhs to ₹52.0 Lakhs per year
PwC Manager Salary - ₹16.0 Lakhs to ₹52.0 Lakhs per year
KPMG India Manager Salary - ₹12.5 Lakhs to ₹48.0 Lakhs per year
Ernst & Young Manager Salary - ₹11.7 Lakhs to ₹46.0 Lakhs per year

What is the salary of a Manager in companies similar to HSBC Group in Mumbai?

Cognizant Manager Salary - ₹11.0 Lakhs to ₹37.8 Lakhs per year
State Bank of India Manager Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
Morgan Stanley Manager Salary - ₹10.0 Lakhs to ₹41.2 Lakhs per year
Citicorp Manager Salary - ₹9.7 Lakhs to ₹37.0 Lakhs per year
Capgemini Manager Salary - ₹10.0 Lakhs to ₹37.2 Lakhs per year

What is the estimated take home salary of a Manager at HSBC Group in Mumbai?

The estimated take-home salary of a Manager at HSBC Group ranges between ₹1,02,805 per month to ₹1,05,617 per month in Mumbai. The take-home salary calculation is based on the average HSBC Group Manager salary in India which ranges between ₹6.0 Lakhs to ₹25.0 Lakhs per year for employees with experience between 2 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Manager at HSBC Group in Mumbai?

According to AmbitionBox, 66% of the HSBC Group Managers in Mumbai reported a notice period of 3 Months, 21% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 38 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

HSBC Group Manager salary in Mumbai ranges between ₹6 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 61 HSBC Group latest salaries received from various employees of HSBC Group.