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HSBC Group

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HSBC Group Manager salaries in Mumbai (Updated 2025)

Annual salary range
2 - 18 years exp.
₹6 Lakhs - ₹25 Lakhs
Salary of majority employees
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12% less than the average Manager Salary in Financial Services Companies for 2 - 18 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
4 - 18 years exp. (20 salaries)
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₹6 L/yr - ₹20.1 L/yr

Finance & Accounting
Manager Salary
4 - 11 years exp. (9 salaries)
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₹12.5 L/yr - ₹16 L/yr

Customer Success, Service & Operations
Manager Salary
5 - 10 years exp. (7 salaries)
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₹7 L/yr - ₹14.1 L/yr

Risk Management & Compliance
Manager Salary
10 - 12 years exp. (4 salaries)
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₹13.1 L/yr - ₹21.7 L/yr

Data Science & Analytics
Manager Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹14.7 L/yr - ₹21.9 L/yr

Last Updated: 20 Mar 2025

Companies similar to HSBC Group for Manager in Mumbai

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HSBC Group Manager Salary

2 - 18 years exp. (61 salaries)

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₹6 L/yr - ₹25 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Morgan Stanley Manager Salary

2 - 11 years exp. (1k salaries)

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₹10 L/yr - ₹41.2 L/yr

arrow icon 62% more
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Citicorp Manager Salary

4 - 19 years exp. (965 salaries)

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₹9.7 L/yr - ₹38 L/yr

arrow icon 52% more
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JPMorgan Chase & Co. Manager Salary

6 - 17 years exp. (388 salaries)

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₹7 L/yr - ₹25.5 L/yr

arrow icon 10% more
2 job openings
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BNP Paribas Manager Salary

8 - 17 years exp. (253 salaries)

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₹9.3 L/yr - ₹35.6 L/yr

arrow icon 40% more
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Motilal Oswal Financial Services Manager Salary

4 - 13 years exp. (186 salaries)

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₹4 L/yr - ₹15.5 L/yr

arrow icon 39% less
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Aditya Birla Capital Manager Salary

0 - 12 years exp. (95 salaries)

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₹4.9 L/yr - ₹21.5 L/yr

arrow icon 17% less
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State Street Corporation Manager Salary

8 - 17 years exp. (115 salaries)

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₹10 L/yr - ₹31 L/yr

arrow icon 22% more
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Marsh McLennan Manager Salary

4 - 16 years exp. (101 salaries)

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₹8.9 L/yr - ₹30.8 L/yr

arrow icon 21% more
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UBS Manager Salary

8 - 15 years exp. (33 salaries)

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₹9 L/yr - ₹24 L/yr

arrow icon 18% more
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Bnp Paribas Securities Manager Salary

9 - 15 years exp. (17 salaries)

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₹10.5 L/yr - ₹17 L/yr

arrow icon 4% less
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HDFC Sales Manager Salary

10 - 19 years exp. (9 salaries)

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₹6 L/yr - ₹17 L/yr

arrow icon 22% less
1 job opening
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Capri Global Housing Finance Manager Salary

3 - 20 years exp. (8 salaries)

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₹4.3 L/yr - ₹18 L/yr

arrow icon 30% less
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RBL FinServe Manager Salary

1 - 14 years exp. (7 salaries)

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₹6.5 L/yr - ₹10.3 L/yr

arrow icon 48% less
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₹4 L/yr - ₹10 L/yr

arrow icon 53% less
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Karvy DigiKonnect Manager Salary

11 - 14 years exp. (4 salaries)

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₹6 L/yr - ₹10.5 L/yr

arrow icon 46% less
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IDFC FIRST Bharat Manager Salary

7 - 9 years exp. (4 salaries)

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₹5.4 L/yr - ₹7.4 L/yr

arrow icon 60% less
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Muthoot Pappachan Group Manager Salary

12 - 13 years exp. (3 salaries)

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₹6.2 L/yr - ₹10 L/yr

arrow icon 44% less
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.

Latest annual salaries shared by HSBC Group Manager in Mumbai

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12 years exp.
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11 years exp.

Experience wise HSBC Group Manager salaries in Mumbai

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹12 L/yr - ₹24.4 L/yr
3 years (AmbitionBox Estimate)

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₹12.3 L/yr - ₹15.8 L/yr
4 years  (3 salaries)

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₹5.5 L/yr - ₹15 L/yr
5 years  (4 salaries)

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₹8 L/yr - ₹20 L/yr
6 years  (10 salaries)

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₹7 L/yr - ₹25 L/yr
View all

Similar Designation salaries in HSBC Group

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₹5.16 L/yr - ₹15.02 L/yr
Audit Manager Salary
(7 salaries)
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₹22 L/yr - ₹40 L/yr
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₹11 L/yr - ₹25 L/yr
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₹6 L/yr - ₹6.81 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

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

read more
  • 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)

read more

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.

read more
  • Skill development - Poor

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.

read more
  • Salary - Poor
  • +5 more

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.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

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

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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.

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  • Salary - Excellent
  • +3 more

Dislikes

Monopoly of upper management

  • Work satisfaction - Poor
  • +1 more
see more salary related reviews

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HSBC Group Manager Salary FAQs

What is the salary of Manager at HSBC Group in Mumbai?
The average salary of a Manager at HSBC Group in Mumbai typically ranges from ₹6.0 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 2 years to 18 years).

The top 10% of Manager in Mumbai at HSBC Group earn more than ₹20.0 Lakhs per year, and the top 1% earn over ₹24.7 Lakhs per year. 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 60+ HSBC Group employees in India.
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 in Mumbai typically ranges from ₹1,01,033 to ₹1,03,788 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 2 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 60+ salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Manager at HSBC Group in Mumbai?
To be a Manager at HSBC Group in Mumbai, the key skills required include:

  • - Financial Services
  • - Analytical Chemistry
  • - Private Banking
  • - Balance Sheet
  • - Data Analytics

These skills are highly valued at HSBC Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HSBC Group for Manager in India?
Morgan Stanley ₹10.0 Lakhs to ₹41.2 Lakhs per year
Citicorp ₹9.7 Lakhs to ₹38.0 Lakhs per year
BNP Paribas ₹9.3 Lakhs to ₹35.6 Lakhs per year
State Street Corporation ₹10.0 Lakhs to ₹31.0 Lakhs per year
Marsh McLennan ₹8.9 Lakhs to ₹30.8 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 Manager in companies similar to HSBC Group in Mumbai?
The salary of a Manager at companies similar to HSBC Group in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

UBS ₹9.0 Lakhs to ₹24.0 Lakhs per year
JPMorgan Chase & Co. ₹7.0 Lakhs to ₹25.5 Lakhs per year
Bnp Paribas Securities ₹10.5 Lakhs to ₹17.0 Lakhs per year
Aditya Birla Capital ₹4.9 Lakhs to ₹21.5 Lakhs per year
HDFC Sales ₹6.0 Lakhs to ₹17.0 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 Manager at HSBC Group in Mumbai?
The salary growth for a Manager at HSBC Group in Mumbai depends on factors such as experience, performance, and promotions. On average, a Manager in Mumbai can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
2 years ₹12.0 Lakhs to ₹24.4 Lakhs per year
3 years ₹12.3 Lakhs to ₹15.8 Lakhs per year
4 years ₹5.5 Lakhs to ₹15.0 Lakhs per year
5 years ₹8.0 Lakhs to ₹20.0 Lakhs per year
and so on.

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 ₹unlock blur. Salary estimates are based on 61 HSBC Group latest salaries received from various employees of HSBC Group.