HSBC Group Software Development Manager Salaries by 4 Employees (Updated 2025)

16 - 18 years exp.

₹27.4 Lakhs - ₹40 Lakhs

Low Confidence

Salary of majority employees

20% less than the average Software Development Manager Salary in Financial Services Companies for 16 - 18 years of experience

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Salaries in different departments

Project & Program Management Software Development Manager Salary 16 - 18 years exp. (3 salaries)	₹30.5 L/yr - ₹40 L/yr
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Product Management Software Development Manager Salary 16 years exp. (AmbitionBox Estimate)	₹24.7 L/yr - ₹30.1 L/yr

Last Updated: 24 Aug 2023

Companies similar to HSBC Group for Software Development Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Software Development Manager Salary 10 - 18 years exp. (5 salaries)	₹19.5 L/yr - ₹35 L/yr 30% less
HDFC Bank Software Development Manager Salary 2 - 13 years exp. (4 salaries)	₹8.4 L/yr - ₹56 L/yr 26% less
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Morgan Stanley Software Development Manager Salary 2 - 6 years exp. (5 salaries)	₹16.7 L/yr - ₹27.5 L/yr 40% less
Wells Fargo Software Development Manager Salary 15 - 19 years exp. (4 salaries)	₹45.1 L/yr - ₹69 L/yr 59% more
JPMorgan Chase & Co. Software Development Manager Salary 9 - 19 years exp. (4 salaries)	₹32 L/yr - ₹55 L/yr 29% more
BNY Software Development Manager Salary 13 - 16 years exp. (3 salaries)	₹18.5 L/yr - ₹38.7 L/yr 26% less
Citicorp Software Development Manager Salary 10 - 13 years exp. (3 salaries)	₹18 L/yr - ₹34.9 L/yr 19% less

Software Development Manager salary at HSBC Group ranges between ₹27.4 Lakhs to ₹40 Lakhs per year for employees with experience between 16 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Software Development Manager salaries

Last Updated: 24 Aug 2023

Experience	Avg Annual Salary
15+ years (4 salaries)	₹27.4 L/yr - ₹40 L/yr
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Similar Designation salaries in HSBC Group

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Salary related reviews for HSBC Group

Assistant Vice President in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 26 Apr 2023

3.0

for Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

Skill development - Good

+5 more

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

4.0

• posted on 11 Apr 2023

3.0

for Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

Skill development - Good

+3 more

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

Software Engineer in Pune

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

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

Salary - Bad

+2 more

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

• posted on 20 Apr 2022

2.0

for Salary and Benefits

Likes

The company provides lots of avenues for training . Colleagues respect /support each other in work with good work life balance

Skill development - Good

+2 more

Dislikes

1. Compensation and benefits 2. Complex org structure 3. Could be more dynamic

Salary - Poor

+1 more

Senior Software Engineer in Hyderabad / Secunderabad

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

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

Salary - Poor

+1 more

see more salary related reviews

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HSBC Group Software Development Manager Salary FAQs

What is the salary of Software Development Manager at HSBC Group?

Software Development Manager salary at HSBC Group in India ranges between ₹27.4 Lakhs to ₹40.0 Lakhs for experience between 16 years to 18 years. According to our estimates it is 20% less than the average Software Development Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of HSBC Group India.

How does the salary of a Software Development Manager at HSBC Group India compare with the average salary range for this job?

The average salary of a Software Development Manager at HSBC Group is 20% less than the average salary of a Software Development Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than HSBC Group to a Software Development Manager in India?

Wells Fargo Software Development Manager Salary - ₹45.1 Lakhs to ₹69.0 Lakhs per year
JPMorgan Chase & Co. Software Development Manager Salary - ₹32.0 Lakhs to ₹55.0 Lakhs per year

What is the salary of a Software Development Manager in companies similar to HSBC Group in India?

Citicorp Software Development Manager Salary - ₹18.0 Lakhs to ₹34.9 Lakhs per year
HDFC Bank Software Development Manager Salary - ₹8.4 Lakhs to ₹56.0 Lakhs per year
BNY Software Development Manager Salary - ₹18.5 Lakhs to ₹38.7 Lakhs per year
Standard Chartered Software Development Manager Salary - ₹19.5 Lakhs to ₹35.0 Lakhs per year
Morgan Stanley Software Development Manager Salary - ₹16.7 Lakhs to ₹27.5 Lakhs per year

What is the estimated take home salary of a Software Development Manager at HSBC Group in India?

The estimated take-home salary of a Software Development Manager at HSBC Group ranges between ₹2,10,968 per month to ₹2,19,369 per month in India. The take-home salary calculation is based on the average HSBC Group Software Development Manager salary in India which ranges between ₹27.4 Lakhs to ₹40.0 Lakhs per year for employees with experience between 16 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Software Development Manager at HSBC Group?

According to AmbitionBox, 100% of the HSBC Group Software Development Managers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HSBC Group Software Development Manager Salaries

HSBC Group Software Development Manager salary in India ranges between ₹27.4 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Group latest salaries received from various employees of HSBC Group.