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HSBC Group

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Salaries in Mumbai (Updated 2025)

based on 1.2k latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Data Science & Analytics + 6 more
Designation Avg Annual Salary Open Jobs
8 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr

10 - 15 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.6 L/yr - ₹3.3 L/yr

9 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7 L/yr

15 - 24 years exp. · Mumbai (AmbitionBox Estimate)
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₹6 L/yr - ₹15 L/yr

10 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹24.8 L/yr - ₹31.6 L/yr

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

6 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.7 L/yr - ₹9.8 L/yr

3 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

24 - 29 years exp. · Mumbai (AmbitionBox Estimate)
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₹27.9 L/yr - ₹35.7 L/yr

13 - 14 years exp. · Mumbai (AmbitionBox Estimate)
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₹24.1 L/yr - ₹30.8 L/yr

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹22.4 L/yr - ₹23 L/yr

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.4 L/yr

1 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

4 - 15 years exp. · Mumbai (AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr

14 years exp. · Mumbai (AmbitionBox Estimate)
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₹12.6 L/yr - ₹16.1 L/yr

1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.9 L/yr - ₹21.6 L/yr

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.5 L/yr - ₹8.2 L/yr

1 - 2 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.3 L/yr - ₹3.9 L/yr

10 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹20 L/yr - ₹30 L/yr

Last Updated: 20 Mar, 2025

Salary related reviews for HSBC Group

3.7

Rated by 138 employees for salary & benefits

Full Time

 · 

Strategic & Top Management Department

4.0
  •  posted on 07 May 2022

2.0
 for  Salary and Benefits

Likes

...can switch to any role opening within HSBC (results in good hikes and exposure) - Perks like AC shuttle bus service, children daycare reimbursement, they pay for certain higher education courses

read more
  • Skill development - Excellent
  • +3 more

Dislikes

- Not paymasters, annual hike even with a great rating barely beats inflation - Company lags in digitization & automation - every simple process turns out to be a manual headache, while industry counterparts are miles ahead - very very slow paced

read more
  • Salary - Poor
  • +1 more

Full Time

 · 

Project & Program Management Department

1.0
  •  posted on 20 Mar 2025

1.0
 for  Salary and Benefits

Likes

Only 2 days office

Dislikes

...e to feel low and no contributing anything significant to the team. No onsites. Huge salary difference between technical and non Tech roles like PM or Program Managers.

read more
  • Salary - Bad
  • +6 more

Full Time

 · 

IT & Information Security Department

2.0
  •  posted on 13 Mar 2025

1.0
 for  Salary and Benefits

Likes

Few colleagues are the best

Dislikes

No upturn in career, No promotion until you say yes for everything, no proper hike and bonus, company giving honey, money control is only for big bees such a Bad policy in all the way. Majorly bad on leave policy, , micromanagement, big bees like to bother offshore and enjoy, it's only for big bees flexible, no money given for extra miles you spend for company, No learning curve and push you to resign your job yourself directly in performance call

read more
  • Salary - Bad
  • +6 more

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

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  • Salary - Poor
  • +2 more

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 24 Feb 2025

1.0
 for  Salary and Benefits

Likes

Nothing found good about this company ,it's just the name this company has from inside its the worst company to work

Dislikes

Salary growth too much low don't expect much hike here, employees are being underpaid here.

read more
  • Salary - Bad
  • +6 more
see more salary related reviews

HSBC Group Salary FAQs

How much does HSBC Group pay to its employees?
The average annual salary at HSBC Group varies depending on the role, experience, and location. The salary ranges for some popular designations at HSBC Group, are as follows:

Credit Controller ₹7.7 Lakhs to ₹9.8 Lakhs per year
Customer Associate ₹2.6 Lakhs to ₹3.3 Lakhs per year
HR Consultant ₹16.2 Lakhs to ₹20.7 Lakhs per year
HR Specialist ₹5.6 Lakhs to ₹7 Lakhs per year

The highest-paying role, Head Engineering, earns between ₹98 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹31 Lakhs per year, and the top 1% earn over ₹60 Lakhs per year. 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 salary estimates are based on data from 1.2k salaries submitted by HSBC Group employees. HSBC Group is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at HSBC Group in Mumbai?
The salary of a fresher at HSBC Group in Mumbai typically ranges from ₹2.1 Lakhs to ₹25 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Analyst Salary ₹6 Lakhs to ₹20 Lakhs per year
Fresher as a Software Engineer Trainee Salary ₹5 Lakhs to ₹11 Lakhs per year
Fresher as a Software Engineer Salary ₹5 Lakhs to ₹11.9 Lakhs per year
Fresher as a Customer Service Executive Salary ₹1.1 Lakhs to ₹5 Lakhs per year

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Average annual salary in HSBC Group , Mumbai is INRunlock blur . Salary estimates are based on 1.2k HSBC Group latest salaries received from various employees of HSBC Group.

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