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HSBC Group

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3.9

based on 4.8k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Senior Associate Manager salaries in India

Annual salary range
7 - 18 years exp.
₹17.6 Lakhs - ₹27 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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75% more than the average Senior Associate Manager Salary in Financial Services Companies for 7 - 18 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Associate Manager Salary
12 - 18 years exp. (3 salaries)
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₹17.6 L/yr - ₹24.5 L/yr

BFSI, Investments & Trading
Senior Associate Manager Salary
7 years exp. (AmbitionBox Estimate)
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₹24.3 L/yr - ₹29.7 L/yr

Last Updated: 8 Jun 2023

Companies similar to HSBC Group for Senior Associate Manager

Company name Avg Annual Salary Open Jobs
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Cholamandalam Investment & Finance Senior Associate Manager Salary

0 - 9 years exp. (61 salaries)
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₹2.3 L/yr - ₹4.1 L/yr

arrow icon 86% less
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State Street Corporation Senior Associate Manager Salary

0 - 10 years exp. (5 salaries)
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₹10 L/yr - ₹22 L/yr

arrow icon 20% less
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JPMorgan Chase & Co. Senior Associate Manager Salary

9 - 15 years exp. (5 salaries)
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₹22 L/yr - ₹26.5 L/yr

arrow icon 1% more
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Morgan Stanley Senior Associate Manager Salary

3 - 8 years exp. (4 salaries)
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₹8 L/yr - ₹13.8 L/yr

arrow icon 57% less
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Wells Fargo Senior Associate Manager Salary

10 - 16 years exp. (4 salaries)
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₹14.5 L/yr - ₹45 L/yr

arrow icon 22% more
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Citicorp Senior Associate Manager Salary

7 - 11 years exp. (3 salaries)
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₹11 L/yr - ₹16.5 L/yr

arrow icon 43% less
Senior Associate Manager salary at HSBC Group ranges between ₹17.6 Lakhs to ₹27 Lakhs per year for employees with experience between 7 years to 18 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Senior Associate Manager

1y ago
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18 years exp.
1y ago
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17 years exp.
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7 years exp.
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13 years exp.
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12 years exp.

Experience wise HSBC Group Senior Associate Manager salaries

Last Updated: 8 Jun 2023

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹9.8 L/yr - ₹27 L/yr
8 years (AmbitionBox Estimate)

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₹21.9 L/yr - ₹28 L/yr
9 years (AmbitionBox Estimate)

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₹21.7 L/yr - ₹27.7 L/yr
10 years (AmbitionBox Estimate)

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₹21.4 L/yr - ₹27.4 L/yr
11 years (AmbitionBox Estimate)

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₹21.2 L/yr - ₹27.1 L/yr
View all

Similar Designation salaries in HSBC Group

Regional Manager Salary
(4 salaries)
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₹7 L/yr - ₹15.6 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹18.5 L/yr - ₹23.6 L/yr
Project Manager Salary
(218 salaries)
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₹12.86 L/yr - ₹46 L/yr
Relationship Manager Salary
(44 salaries)
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₹3.4 L/yr - ₹10.3 L/yr
Business Manager Salary
(42 salaries)
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₹10.8 L/yr - ₹31.2 L/yr
Operations Manager Salary
(224 salaries)
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₹5.8 L/yr - ₹22.3 L/yr
Assistant Sales Manager Salary
(8 salaries)
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₹2.4 L/yr - ₹4 L/yr
Branch Manager Salary
(5 salaries)
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₹10.5 L/yr - ₹15.42 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹11.5 L/yr - ₹14.7 L/yr

Salary related reviews for HSBC Group

Operations Manager in Hyderabad / Secunderabad

BFSI, Investments & Trading Department

4.0
  •  posted on 25 Mar 2021
2.0
 for  Salary and Benefits

Likes

If I ever leave HSBC it will only be because of the pay range. Otherwise, its an amazing place to work and learn. Opportunities are plenty for growth. Excellent policies. Just the best..!!

read more
  • Skill development - Excellent
    • +5 more

Dislikes

As compared to other companies, the pay alone is not very good. That is the only reason why people leave HSBC. Otherwise, everybody is more than happy to retire at HSBC itself. Very good place to work.

read more
  • Salary - Poor

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

Consultant in Pune

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 03 May 2024
3.0
 for  Salary and Benefits

Likes

...mpanies. Overall work is good, work life balance is there, work culture is good. If you get a good package when joining, can stay in here for few years comfortably.

read more
  • Skill development - Good
    • +3 more

Dislikes

Current increment process and promotion process

Assistant Manager Operations in Bangalore / Bengaluru

Full Time

 · 

Customer Success, Service & Operations Department

5.0
  •  posted on 28 Sep 2024
4.0
 for  Salary and Benefits

Likes

One of the best company to work with & it's policies helps to balance our family & work life. Staff friendly company & I am proud to be a part of this wonderdul company.

read more
  • Salary - Good
    • +6 more

Dislikes

I wouldn't say dislike but may be a suggestion, I have heard from my colleagues that HSBC pay package is not very competitive, I am personally happy with the package.

read 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.

read more
  • 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.

read more
see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions
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a system engineer
Just had to share this, I got a 100% hike!
I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.
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HSBC Group Senior Associate Manager Salary FAQs

What is the salary of Senior Associate Manager at HSBC Group ?
The average salary of a Senior Associate Manager at HSBC Group in India typically ranges from ₹17.6 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 7 years to 18 years).

The top 10% of Senior Associate Manager at HSBC Group earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹27.0 Lakhs per year. Senior Associate 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 5 HSBC Group employees in India.
What is the estimated take home salary of a Senior Associate Manager at HSBC Group in India?
The estimated take-home salary of a Senior Associate Manager at HSBC Group in India typically ranges from ₹1,48,955 to ₹1,54,554 per month. This is based on the average salary range of ₹17.6 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 7 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 5 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 Senior Associate Manager in India?
Wells Fargo ₹14.5 Lakhs to ₹45.0 Lakhs per year
JPMorgan Chase & Co. ₹22.0 Lakhs to ₹26.5 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 Senior Associate Manager in companies similar to HSBC Group in India?
The salary of a Senior Associate Manager at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Street Corporation ₹10.0 Lakhs to ₹22.0 Lakhs per year
Citicorp ₹11.0 Lakhs to ₹16.5 Lakhs per year
Morgan Stanley ₹8.0 Lakhs to ₹13.8 Lakhs per year
Cholamandalam Investment & Finance ₹2.3 Lakhs to ₹4.1 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 Senior Associate Manager at HSBC Group in India?
The salary growth for a Senior Associate Manager at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Senior Associate Manager can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
7 years ₹9.8 Lakhs to ₹27.0 Lakhs per year
8 years ₹21.9 Lakhs to ₹28.0 Lakhs per year
9 years ₹21.7 Lakhs to ₹27.7 Lakhs per year
10 years ₹21.4 Lakhs to ₹27.4 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group Senior Associate Manager salary in India ranges between ₹17.6 Lakhs to ₹27 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 HSBC Group latest salaries received from various employees of HSBC Group.