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HSBC Group

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4.0

based on 4.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Software Developer salaries in India

Annual salary range
0 - 3 years exp.
₹3.6 Lakhs - ₹15.1 Lakhs
Salary of majority employees
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11% more than the average Software Developer Salary in Financial Services Companies for 0 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Developer Salary
0 - 3 years exp. (78 salaries)
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₹4.6 L/yr - ₹16.3 L/yr

Data Science & Analytics
Software Developer Salary
0 - 2 years exp. (5 salaries)
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₹5.2 L/yr - ₹9.8 L/yr

Last Updated: 18 Jan 2025

Companies similar to HSBC Group for Software Developer

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Infosys Software Developer Salary

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TCS Software Developer Salary

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JPMorgan Chase & Co. Software Developer Salary

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Standard Chartered Software Developer Salary

1 - 10 years exp. (194 salaries)

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₹16.1 L/yr - ₹25 L/yr

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Citicorp Software Developer Salary

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HDFC Bank Software Developer Salary

1 - 9 years exp. (134 salaries)

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₹9.2 L/yr - ₹17 L/yr

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BNP Paribas Software Developer Salary

0 - 6 years exp. (110 salaries)

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₹4.3 L/yr - ₹14 L/yr

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Citigroup Software Developer Salary

1 - 8 years exp. (84 salaries)

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₹11 L/yr - ₹26 L/yr

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View all
Software Developer salary at HSBC Group ranges between ₹3.6 Lakhs to ₹15.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 99 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: 18 Jan 2025

Experience Avg Annual Salary
Fresher  (11 salaries)

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₹4 L/yr - ₹12.6 L/yr
1 year  (29 salaries)

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₹4.5 L/yr - ₹14 L/yr
2 years  (34 salaries)

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₹4 L/yr - ₹15.6 L/yr
3 years  (25 salaries)

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₹5.2 L/yr - ₹12.7 L/yr

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
(8 salaries)
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₹4.5 L/yr - ₹17.45 L/yr
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₹8.1 L/yr - ₹22 L/yr
Software Engineer Salary
(1.3k salaries)
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₹4.86 L/yr - ₹14.4 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 24 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.

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.

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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.

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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.

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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

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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

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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

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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

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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

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
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HSBC Group Software Developer Salary FAQs

What is the salary of Software Developer at HSBC Group?
Software Developer salary at HSBC Group in India ranges between ₹3.6 Lakhs to ₹15.1 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 11% more than the average Software Developer Salary in India. Salary estimates are based on 99 latest salaries received from various employees of HSBC Group India.
How does the salary of a Software Developer at HSBC Group India compare with the average salary range for this job?
The average salary of a Software Developer at HSBC Group is 11% more than the average salary of a Software Developer in India. To know exact salary insights, login to view.
Which similar companies are paying more than HSBC Group to a Software Developer in India?
  • Google Software Developer Salary - ₹31.1 Lakhs to ₹70.0 Lakhs per year
  • Amazon Software Developer Salary - ₹26.4 Lakhs to ₹55.0 Lakhs per year
  • Microsoft Corporation Software Developer Salary - ₹12.0 Lakhs to ₹45.2 Lakhs per year
  • Adobe Software Developer Salary - ₹10.0 Lakhs to ₹35.0 Lakhs per year
  • Flipkart Software Developer Salary - ₹11.2 Lakhs to ₹36.5 Lakhs per year
What is the salary of a Software Developer in companies similar to HSBC Group in India?
  • JPMorgan Chase & Co. Software Developer Salary - ₹9.5 Lakhs to ₹34.0 Lakhs per year
  • UBS Software Developer Salary - ₹9.2 Lakhs to ₹35.0 Lakhs per year
  • Citicorp Software Developer Salary - ₹11.0 Lakhs to ₹28.5 Lakhs per year
  • BNY Software Developer Salary - ₹9.0 Lakhs to ₹30.0 Lakhs per year
  • Citigroup Software Developer Salary - ₹11.0 Lakhs to ₹26.0 Lakhs per year
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 ranges between ₹64,130 per month to ₹65,764 per month in India. The take-home salary calculation is based on the average HSBC Group Software Developer salary in India which ranges between ₹3.6 Lakhs to ₹15.1 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?
What is the notice period for Software Developer at HSBC Group?
According to AmbitionBox, 62% of the HSBC Group Software Developers reported a notice period of 2 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 45 responses on AmbitionBox in last 2 years.

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HSBC Group Software Developer salary in India ranges between ₹3.6 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 99 HSBC Group latest salaries received from various employees of HSBC Group.