HSBC Group Softwaretest Engineer Salaries by 40+ Employees (Updated 2025)

1 - 6 years exp.

₹3.3 Lakhs - ₹10.4 Lakhs

Salary of majority employees

At par with the average Softwaretest Engineer Salary in Financial Services Companies for 1 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA Softwaretest Engineer Salary 1 - 6 years exp. (35 salaries)	₹4 L/yr - ₹10.4 L/yr
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Quality Assurance Softwaretest Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.3 L/yr - ₹5.9 L/yr

Last Updated: 26 Jan 2025

Companies similar to HSBC Group for Softwaretest Engineer

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Softwaretest Engineer Salary 2 - 7 years exp. (32 salaries)	₹4.2 L/yr - ₹11.8 L/yr 37% more
ICICI Bank Softwaretest Engineer Salary 1 - 7 years exp. (20 salaries)	₹2 L/yr - ₹8 L/yr 16% less
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Axis Bank Softwaretest Engineer Salary 1 - 5 years exp. (15 salaries)	₹3.1 L/yr - ₹10 L/yr 7% less
HDFC Bank Softwaretest Engineer Salary 1 - 5 years exp. (34 salaries)	₹3 L/yr - ₹9 L/yr At par
State Bank of India Softwaretest Engineer Salary 3 - 5 years exp. (3 salaries)	₹3.7 L/yr - ₹7 L/yr 9% less
Kotak Mahindra Bank Softwaretest Engineer Salary 1 - 4 years exp. (8 salaries)	₹1.7 L/yr - ₹9.3 L/yr 22% less
IndusInd Bank Softwaretest Engineer Salary 2 - 8 years exp. (8 salaries)	₹4 L/yr - ₹14.7 L/yr 42% more
Yes Bank Softwaretest Engineer Salary 1 - 6 years exp. (15 salaries)	₹2.5 L/yr - ₹9 L/yr 9% less
RBL Bank Softwaretest Engineer Salary 1 - 6 years exp. (10 salaries)	₹1.5 L/yr - ₹9 L/yr 4% more
BNY Softwaretest Engineer Salary 2 - 5 years exp. (120 salaries)	₹3.5 L/yr - ₹9.3 L/yr 17% less
JPMorgan Chase & Co. Softwaretest Engineer Salary 0 - 8 years exp. (107 salaries)	₹12.7 L/yr - ₹27.5 L/yr 209% more
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Wells Fargo Softwaretest Engineer Salary 2 - 6 years exp. (51 salaries)	₹4.5 L/yr - ₹13 L/yr 35% more
UBS Softwaretest Engineer Salary 2 - 5 years exp. (41 salaries)	₹3 L/yr - ₹9.3 L/yr 12% less
BNP Paribas Softwaretest Engineer Salary 4 years exp. (59 salaries)	₹7 L/yr - ₹20 L/yr 100% more
Morgan Stanley Softwaretest Engineer Salary 1 - 6 years exp. (24 salaries)	₹3.6 L/yr - ₹9.4 L/yr 13% less
Citicorp Softwaretest Engineer Salary 0 - 8 years exp. (33 salaries)	₹6 L/yr - ₹24 L/yr 138% more
Aditya Birla Capital Softwaretest Engineer Salary 0 - 4 years exp. (16 salaries)	₹2 L/yr - ₹11 L/yr 11% more
State Street Corporation Softwaretest Engineer Salary 0 - 8 years exp. (14 salaries)	₹3.8 L/yr - ₹14.9 L/yr 42% more
Cholamandalam Investment & Finance Softwaretest Engineer Salary 2 - 4 years exp. (8 salaries)	₹2 L/yr - ₹3.4 L/yr 57% less
Marsh McLennan Softwaretest Engineer Salary 0 - 9 years exp. (7 salaries)	₹4 L/yr - ₹15 L/yr 68% more

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Softwaretest Engineer salary at HSBC Group ranges between ₹3.3 Lakhs to ₹10.4 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 41 latest salaries received from various employees of HSBC Group.

Experience wise HSBC Group Softwaretest Engineer salaries

Last Updated: 26 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.8 L/yr - ₹6.5 L/yr
2 years (5 salaries)	₹4.1 L/yr - ₹5.9 L/yr
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3 years (13 salaries)	₹3.3 L/yr - ₹10 L/yr
4 years (11 salaries)	₹3.3 L/yr - ₹8.5 L/yr
5 years (6 salaries)	₹5 L/yr - ₹10.4 L/yr
6 years (4 salaries)	₹4.2 L/yr - ₹8.5 L/yr

View all

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Salary related reviews for HSBC Group

3.8

Rated by 13 employees for salary & benefits

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

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.

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.

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

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

Senior Consultant Specialist in Pune

Engineering - Software & QA Department

4.0

• posted on 08 Apr 2022

3.0

for Salary and Benefits

Likes

Good culture, learning and work environment. Lot of opportunities of land up in right team at right time.

Skill development - Good

+2 more

Dislikes

...re is a lot of politics in some areas and management doesn't address our issues. Salary is decent but it depends on how well you represented across management by your leads. On the job new to domain, culture will take time to gel may be someone not used to will feel odd man out or process difference.

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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HSBC Group Softwaretest Engineer Salary FAQs

What is the salary of Softwaretest Engineer at HSBC Group ?

The average salary of a Softwaretest Engineer at HSBC Group in India typically ranges from ₹3.3 Lakhs to ₹10.4 Lakhs per year, depending on experience (from 1 year to 6 years).

The top 10% of Softwaretest Engineer at HSBC Group earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹10.4 Lakhs per year. Softwaretest Engineer 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 40+ HSBC Group employees in India.

What is the estimated take home salary of a Softwaretest Engineer at HSBC Group in India?

The estimated take-home salary of a Softwaretest Engineer at HSBC Group in India typically ranges from ₹44,266 to ₹45,368 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹10.4 Lakhs per year for employees with experience ranging from 1 year to 6 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 40+ 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 Softwaretest Engineer in India?

JPMorgan Chase & Co.	₹12.7 Lakhs to ₹27.5 Lakhs per year
American Express	₹13.7 Lakhs to ₹18.0 Lakhs per year
Citicorp	₹6.0 Lakhs to ₹24.0 Lakhs per year
BNP Paribas	₹7.0 Lakhs to ₹20.0 Lakhs per year
RBL FinServe	₹7.0 Lakhs to ₹11.3 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 Softwaretest Engineer in companies similar to HSBC Group in India?

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

Marsh McLennan	₹4.0 Lakhs to ₹15.0 Lakhs per year
State Street Corporation	₹3.8 Lakhs to ₹14.9 Lakhs per year
IndusInd Bank	₹4.0 Lakhs to ₹14.7 Lakhs per year
Standard Chartered	₹4.2 Lakhs to ₹11.8 Lakhs per year
Wells Fargo	₹4.5 Lakhs to ₹13.0 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 Softwaretest Engineer at HSBC Group in India?

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

Experience	Average Salary Range
1 year	₹1.8 Lakhs to ₹6.5 Lakhs per year
2 years	₹4.1 Lakhs to ₹5.9 Lakhs per year
3 years	₹3.3 Lakhs to ₹10.0 Lakhs per year
4 years	₹3.3 Lakhs to ₹8.5 Lakhs per year

and so on.

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HSBC Group Softwaretest Engineer Salaries

HSBC Group Softwaretest Engineer salary in India ranges between ₹3.3 Lakhs to ₹10.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 41 HSBC Group latest salaries received from various employees of HSBC Group.