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HSBC Group

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HSBC Group Software Developer salaries in India (Updated 2025)

Annual salary range
1 - 9 years exp.
₹6.2 Lakhs - ₹25 Lakhs
Salary of majority employees
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69% more than the average Software Developer Salary in Financial Services Companies for 1 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Developer Salary
1 - 9 years exp. (131 salaries)
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₹10.8 L/yr - ₹32.2 L/yr

Data Science & Analytics
Software Developer Salary
1 - 2 years exp. (3 salaries)
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₹5.2 L/yr - ₹17.2 L/yr

Last Updated: 29 Mar 2025

Companies similar to HSBC Group for Software Developer

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Software Developer Salary

0 - 11 years exp. (739 salaries)

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₹10 L/yr - ₹38 L/yr

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Citicorp Software Developer Salary

1 - 10 years exp. (447 salaries)

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₹11.3 L/yr - ₹29.2 L/yr

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Wells Fargo Software Developer Salary

1 - 11 years exp. (233 salaries)

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₹18.6 L/yr - ₹36 L/yr

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UBS Software Developer Salary

1 - 12 years exp. (211 salaries)

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₹9.2 L/yr - ₹35 L/yr

arrow icon 43% more
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Morgan Stanley Software Developer Salary

3 - 8 years exp. (177 salaries)

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₹12.3 L/yr - ₹48.3 L/yr

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BNY Software Developer Salary

0 - 3 years exp. (190 salaries)

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₹8.5 L/yr - ₹30 L/yr

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BNP Paribas Software Developer Salary

0 - 7 years exp. (129 salaries)

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₹4.3 L/yr - ₹16.3 L/yr

arrow icon 36% less
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American Express Software Developer Salary

0 - 6 years exp. (70 salaries)

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₹9 L/yr - ₹32 L/yr

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₹3.3 L/yr - ₹12 L/yr

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₹9 L/yr - ₹15.7 L/yr

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₹4.8 L/yr - ₹15 L/yr

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₹2.5 L/yr - ₹7 L/yr

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Aon Software Developer Salary

1 - 7 years exp. (16 salaries)

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₹3.8 L/yr - ₹15 L/yr

arrow icon 40% less
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Marsh McLennan Software Developer Salary

0 - 8 years exp. (10 salaries)

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₹4.2 L/yr - ₹11.5 L/yr

arrow icon 39% less
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RBL FinServe Software Developer Salary

2 - 4 years exp. (6 salaries)

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₹3.6 L/yr - ₹10 L/yr

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₹10.2 L/yr - ₹21 L/yr

At par
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GE Capital Software Developer Salary

5 - 7 years exp. (4 salaries)

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₹6.2 L/yr - ₹16.4 L/yr

arrow icon 32% less
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₹2.2 L/yr - ₹6.6 L/yr

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Karvy DigiKonnect Software Developer Salary

2 - 6 years exp. (4 salaries)

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₹6.9 L/yr - ₹10.5 L/yr

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IDFC FIRST Bharat Software Developer Salary

2 - 8 years exp. (4 salaries)

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₹5.3 L/yr - ₹8.5 L/yr

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View all
Software Developer salary at HSBC Group ranges between ₹6.2 Lakhs to ₹25 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 154 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Software Developer

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Experience wise HSBC Group Software Developer salaries

Last Updated: 29 Mar 2025

Experience Avg Annual Salary
1 year  (27 salaries)

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₹4.5 L/yr - ₹11.9 L/yr
2 years  (33 salaries)

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₹4 L/yr - ₹15.7 L/yr
3 years  (23 salaries)

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₹4.7 L/yr - ₹13 L/yr
4 years  (14 salaries)

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₹6.1 L/yr - ₹20.2 L/yr
5 years  (13 salaries)

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₹6 L/yr - ₹26.2 L/yr
View all

Similar Designation salaries in HSBC Group

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₹16.47 L/yr - ₹19 L/yr
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₹7 L/yr - ₹20.5 L/yr
Java Developer Salary
(9 salaries)
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₹4.5 L/yr - ₹12 L/yr
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₹9.05 L/yr - ₹22.75 L/yr
Software Engineer Salary
(1.4k salaries)
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₹4.95 L/yr - ₹14.46 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr
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₹5.5 L/yr - ₹6.6 L/yr
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₹6.5 L/yr - ₹23.5 L/yr
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₹7 L/yr - ₹13 L/yr
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₹13 L/yr - ₹29 L/yr

Salary related reviews for HSBC Group

3.6

Rated by 26 employees for salary & benefits

Engineering - Software & QA Department

2.0
  •  posted on 03 Nov 2020

2.0
 for  Salary and Benefits

Likes

Work life balence.

  • Job security - Excellent
  • +1 more

Dislikes

No benefits at all. They have 1TT table and a single room gym for ~8k people. Low compensation for overtime/weekends They’ll put you in some random team working on a random old tech stack with no growth. They give no option to change team for 2 years.

read more
  • Salary - Poor
  • +4 more

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

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  posted on 11 Feb 2022

1.0
 for  Salary and Benefits

Likes

Work culture varies from team to team. HSBC is a bureaucratic mess. The management is clueless about what is happening and just throws around the latest buzzwords like a parrot There is a lot of scope to develop your skills and learn as there is no one here who knows anything and you yourself have to take up the initiative to do things

read more
  • Skill development - Good
  • +2 more

Dislikes

Compensation is poor There are no procedures in place to accomplish things but their feature list is too long, expectations are high and timelines are too tight

read more
  • Salary - Bad
  • +2 more

Engineering - Software & QA Department

3.0
  •  posted on 21 May 2022

2.0
 for  Salary and Benefits

Likes

Good Work Life balance Excellent paid leaves - 34 leaves + 10 sick leaves per year Good team collaboration Medical insurance covered Transport facility only for the localites

read more
  • Skill development - Excellent
  • +3 more

Dislikes

Highly structural and follow standards Pay hikes to be improved - very low compared to the market Struggle to get recognized over the departments - heavy politics No extra amenities provided

read more
  • Salary - Poor
  • +1 more

Engineering - Software & QA Department

3.0
  •  posted on 04 Mar 2022

5.0
 for  Salary and Benefits

Likes

...k Life Balance. Company policies are also good, appraisals are fair and decent. They also give bonus every year.

read more
  • Salary - Excellent
  • +3 more

Dislikes

As I was working in IT department of bank, the career growth is slow as IT is secondary to them. They are using lot of legacy technology and no one bother to adapt new. Job security is also not there at senior level and you could see pink slip if your role is redundant.

read more
  • Skill development - Poor
see more salary related reviews

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HSBC Group Software Developer Salary FAQs

What is the salary of Software Developer at HSBC Group ?
The average salary of a Software Developer at HSBC Group in India typically ranges from ₹6.2 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Software Developer at HSBC Group earn more than ₹27.0 Lakhs per year, and the top 1% earn over ₹31.9 Lakhs per year. Software Developer 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 100+ HSBC Group employees in India.
What is the estimated take home salary of a Software Developer at HSBC Group in India?
The estimated take-home salary of a Software Developer at HSBC Group in India typically ranges from ₹1,00,927 to ₹1,03,678 per month. This is based on the average salary range of ₹6.2 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 100+ 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 Software Developer in India?
Morgan Stanley ₹12.3 Lakhs to ₹48.3 Lakhs per year
JPMorgan Chase & Co. ₹10.0 Lakhs to ₹38.0 Lakhs per year
Wells Fargo ₹18.6 Lakhs to ₹36.0 Lakhs per year
Citicorp ₹11.3 Lakhs to ₹29.2 Lakhs per year
UBS ₹9.2 Lakhs to ₹35.0 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 Software Developer in companies similar to HSBC Group in India?
The salary of a Software Developer at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BNY ₹8.5 Lakhs to ₹30.0 Lakhs per year
American Express ₹9.0 Lakhs to ₹32.0 Lakhs per year
Ford Motor Credit Company ₹10.2 Lakhs to ₹21.0 Lakhs per year
Aditya Birla Capital ₹9.0 Lakhs to ₹15.7 Lakhs per year
GE Capital ₹6.2 Lakhs to ₹16.4 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 Software Developer at HSBC Group in India?
The salary growth for a Software Developer at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Software Developer can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
1 year ₹4.5 Lakhs to ₹11.9 Lakhs per year
2 years ₹4.0 Lakhs to ₹15.7 Lakhs per year
3 years ₹4.7 Lakhs to ₹13.0 Lakhs per year
4 years ₹6.1 Lakhs to ₹20.2 Lakhs per year
and so on.

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HSBC Group Software Developer salary in India ranges between ₹6.2 Lakhs to ₹25 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 154 HSBC Group latest salaries received from various employees of HSBC Group.