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HSBC Group

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3.9

based on 4.9k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group SDE (Software Development Engineer) salaries in India (Updated 2025)

Annual salary range
0 - 2 years exp.
₹7 Lakhs - ₹9.5 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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70% less than the average SDE (Software Development Engineer) Salary in Financial Services Companies for 0 - 2 years of experience

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Last Updated: 24 Mar 2025

Companies similar to HSBC Group for SDE (Software Development Engineer)

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. SDE (Software Development Engineer) Salary

0 - 5 years exp. (22 salaries)
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₹12 L/yr - ₹18.8 L/yr

arrow icon 75% more
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American Express SDE (Software Development Engineer) Salary

0 - 1 year exp. (12 salaries)
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₹10 L/yr - ₹22 L/yr

arrow icon 79% more
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BNY SDE (Software Development Engineer) Salary

Fresher (10 salaries)
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₹13 L/yr - ₹23 L/yr

arrow icon 109% more
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Morgan Stanley SDE (Software Development Engineer) Salary

0 - 6 years exp. (4 salaries)
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₹22 L/yr - ₹25 L/yr

arrow icon 176% more
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UBS SDE (Software Development Engineer) Salary

Fresher (4 salaries)
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₹8.5 L/yr - ₹13.6 L/yr

arrow icon 21% more
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Wells Fargo SDE (Software Development Engineer) Salary

Fresher (4 salaries)
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₹14 L/yr - ₹24 L/yr

arrow icon 117% more
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Aditya Birla Capital SDE (Software Development Engineer) Salary

Fresher (3 salaries)
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₹11 L/yr - ₹12 L/yr

arrow icon 31% more
SDE (Software Development Engineer) salary at HSBC Group ranges between ₹7 Lakhs to ₹9.5 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 6 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group SDE (Software Development Engineer)

3d ago
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1 year exp.

Experience wise HSBC Group SDE (Software Development Engineer) salaries

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
Fresher  (3 salaries)

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₹8.3 L/yr - ₹9 L/yr
1 year (AmbitionBox Estimate)

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₹7.8 L/yr - ₹10 L/yr
2 years (AmbitionBox Estimate)

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₹8 L/yr - ₹10.2 L/yr

Salary related reviews for HSBC Group

Release Train Engineer in Pune

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

Assistant Manager in Bangalore / Bengaluru

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

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

read more
  • Salary - Poor
    • +2 more

Data Engineer in Pune

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

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.

read more
  • 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.

read more
see more salary related reviews

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What people are saying about HSBC Group

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a senior associate
4d
What’s the salary expectation
Hi, I am looking to apply for Processor: Client onboarding and account opening role at HSBC. I want to know the salary expectation for 3 years experience candidate before applying
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HSBC Group SDE (Software Development Engineer) Salary FAQs

What is the salary of SDE (Software Development Engineer) at HSBC Group ?
The average salary of a SDE (Software Development Engineer) at HSBC Group in India typically ranges from ₹7.0 Lakhs to ₹9.5 Lakhs per year, depending on experience (from Fresher to 2 years).

The top 10% of SDE (Software Development Engineer) at HSBC Group earn more than ₹9.5 Lakhs per year, and the top 1% earn over ₹9.5 Lakhs per year. SDE (Software Development Engineer) 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 6 HSBC Group employees in India.
What is the estimated take home salary of a SDE (Software Development Engineer) at HSBC Group in India?
The estimated take-home salary of a SDE (Software Development Engineer) at HSBC Group in India typically ranges from ₹63,500 to ₹65,115 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹9.5 Lakhs per year for employees with experience ranging from Fresher to 2 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 6 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 SDE (Software Development Engineer) in India?
Morgan Stanley ₹22.0 Lakhs to ₹25.0 Lakhs per year
Wells Fargo ₹14.0 Lakhs to ₹24.0 Lakhs per year
BNY ₹13.0 Lakhs to ₹23.0 Lakhs per year
American Express ₹10.0 Lakhs to ₹22.0 Lakhs per year
JPMorgan Chase & Co. ₹12.0 Lakhs to ₹18.8 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 SDE (Software Development Engineer) in companies similar to HSBC Group in India?
The salary of a SDE (Software Development Engineer) at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aditya Birla Capital ₹11.0 Lakhs to ₹12.0 Lakhs per year
UBS ₹8.5 Lakhs to ₹13.6 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 SDE (Software Development Engineer) at HSBC Group in India?
The salary growth for a SDE (Software Development Engineer) at HSBC Group depends on factors such as experience, performance, and promotions. On average, a SDE (Software Development Engineer) can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
Fresher ₹8.3 Lakhs to ₹9.0 Lakhs per year
1 year ₹7.8 Lakhs to ₹10.0 Lakhs per year
2 years ₹8.0 Lakhs to ₹10.2 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group SDE (Software Development Engineer) salary in India ranges between ₹7 Lakhs to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 HSBC Group latest salaries received from various employees of HSBC Group.