HSBC Group Service Manager Salaries by 5 Employees

12 - 16 years exp.

₹10.1 Lakhs - ₹26 Lakhs

Low Confidence

Salary of majority employees

84% more than the average Service Manager Salary in Financial Services Companies for 12 - 16 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Customer Success, Service & Operations Service Manager Salary 16 years exp. (AmbitionBox Estimate)	₹14.4 L/yr - ₹17.6 L/yr
Engineering - Software & QA Service Manager Salary 14 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.1 L/yr
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IT & Information Security Service Manager Salary 12 years exp. (AmbitionBox Estimate)	₹23.4 L/yr - ₹28.6 L/yr
Project & Program Management Service Manager Salary 13 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11.1 L/yr

Last Updated: 2 Feb 2024

Companies similar to HSBC Group for Service Manager

Company name	Avg Annual Salary	Open Jobs
Citicorp Service Manager Salary 3 - 17 years exp. (37 salaries)	₹4.1 L/yr - ₹16.5 L/yr 33% less
Aon Service Manager Salary 8 - 13 years exp. (8 salaries)	₹11.5 L/yr - ₹19 L/yr 8% less	1 job opening
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Motilal Oswal Financial Services Service Manager Salary 5 - 8 years exp. (5 salaries)	₹3 L/yr - ₹7 L/yr 66% less
American Express Service Manager Salary 6 - 20 years exp. (5 salaries)	₹5.9 L/yr - ₹38 L/yr 60% more
Morgan Stanley Service Manager Salary 0 - 20 years exp. (4 salaries)	₹24 L/yr - ₹25 L/yr 65% more
BNP Paribas Service Manager Salary 7 - 13 years exp. (4 salaries)	₹12 L/yr - ₹20 L/yr 3% more

Service Manager salary at HSBC Group ranges between ₹10.1 Lakhs to ₹26 Lakhs per year for employees with experience between 12 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Service Manager salaries

Last Updated: 2 Feb 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹26 L/yr
13 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹29.2 L/yr
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14 years (AmbitionBox Estimate)	₹11 L/yr - ₹26.7 L/yr
15+ years (AmbitionBox Estimate)	₹5.1 L/yr - ₹16 L/yr

Similar Designation salaries in HSBC Group

Service Engineer Salary

(3 salaries)

₹7.9 L/yr - ₹7.9 L/yr

Service Advisor Salary

(6 salaries)

₹1.5 L/yr - ₹4.5 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹11.5 L/yr - ₹14.7 L/yr

Center Manager Salary

(AmbitionBox Estimate)

₹5 L/yr - ₹6.4 L/yr

Deputy Manager Salary

(14 salaries)

₹6 L/yr - ₹10.51 L/yr

Sales Manager Salary

(4 salaries)

₹5 L/yr - ₹6 L/yr

Customer Service Manager Salary

(6 salaries)

₹4 L/yr - ₹9 L/yr

Senior Engineer Salary

(10 salaries)

₹7.75 L/yr - ₹25 L/yr

Customer Care Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Executive Salary

(6 salaries)

₹1.56 L/yr - ₹5.9 L/yr

Top skills at HSBC Group for Service Manager

Auditing Financial Services Data Analysis CCTV Monitoring Continuous Improvement Software Configuration Management Human Resource Management Analytical Chemistry Remediation Customer Service Anti Money Laundering Back Office Risk Management CRM Software Asset Management

Salary related reviews for HSBC Group

Customer Service Manager in Hyderabad / Secunderabad

NRI global help desk Department

5.0

• posted on 31 Mar 2021

5.0

for Salary and Benefits

Likes

Job opportunity ,34 days leave in an year , bonus every year ... Good increament ever y year

Salary - Excellent

+6 more

Dislikes

Wants to explore more options rather then getting stuck to the same business .. the only thing I don't like is weekly offs on week days n irregular shifts

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.

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

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

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.

Salary - Bad

+6 more

see more salary related reviews

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What people are saying about HSBC Group

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an associate analyst

I got Selected for financial crime investigator in HSBC for Hydrabad location at 8LPA. For this I have to relocate from Kolkata. In my current company I got promoted and getting 5.5 LPA in Kolkata. My current company is very new and small company. I have an overall 1.5 years of experience.

Should I relocate to Hyderabad for HSBC?

Yes

5 participants . expiring in 6d

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HSBC Group Service Manager Salary FAQs

What is the salary of Service Manager at HSBC Group ?

The average salary of a Service Manager at HSBC Group in India typically ranges from ₹10.1 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 12 years to 16 years).

The top 10% of Service Manager at HSBC Group earn more than ₹26.0 Lakhs per year, and the top 1% earn over ₹26.0 Lakhs per year. Service 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 Service Manager at HSBC Group in India?

The estimated take-home salary of a Service Manager at HSBC Group in India typically ranges from ₹1,02,697 to ₹1,05,505 per month. This is based on the average salary range of ₹10.1 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 12 years to 16 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.

What are the key skills required to be a Service Manager at HSBC Group ?

To be a Service Manager at HSBC Group in india, the key skills required include:

- Auditing
- Financial Services
- Data Analysis
- CCTV Monitoring
- Continuous Improvement

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 Service Manager in India?

Morgan Stanley	₹24.0 Lakhs to ₹25.0 Lakhs per year
American Express	₹5.9 Lakhs to ₹38.0 Lakhs per year
BNP Paribas	₹12.0 Lakhs to ₹20.0 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 Service Manager in companies similar to HSBC Group in India?

The salary of a Service Manager at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Aon	₹11.5 Lakhs to ₹19.0 Lakhs per year
Citicorp	₹4.1 Lakhs to ₹16.5 Lakhs per year
Motilal Oswal Financial Services	₹3.0 Lakhs to ₹7.0 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 Service Manager at HSBC Group in India?

The salary growth for a Service Manager at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Service Manager can expect the following growth trajectory at HSBC Group:

Experience	Average Salary Range
12 years	₹7.0 Lakhs to ₹26.0 Lakhs per year
13 years	₹10.1 Lakhs to ₹29.2 Lakhs per year
14 years	₹11.0 Lakhs to ₹26.7 Lakhs per year
15 years	₹5.1 Lakhs to ₹16.0 Lakhs per year

and so on.

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HSBC Group Service Manager Salaries

HSBC Group Service Manager salary in India ranges between ₹10.1 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Group latest salaries received from various employees of HSBC Group.