HSBC Group System Engineer Salaries by 10+ Employees (Updated 2025)

0 - 9 years exp.

₹3 Lakhs - ₹6.8 Lakhs

Salary of majority employees

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17% less than the average System Engineer Salary in Financial Services Companies for 0 - 9 years of experience

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Salaries in different departments

IT & Information Security System Engineer Salary 1 - 9 years exp. (7 salaries)	Unlock ₹3 L/yr - ₹6.8 L/yr
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Engineering - Hardware & Networks System Engineer Salary 4 - 5 years exp. (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹4.9 L/yr

Last Updated: 8 Mar 2025

Companies similar to HSBC Group for System Engineer

Company name	Avg Annual Salary	Open Jobs
Standard Chartered System Engineer Salary 2 - 5 years exp. (6 salaries)	Unlock ₹3.1 L/yr - ₹7.8 L/yr 15% more
ICICI Bank System Engineer Salary 1 - 4 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹7.2 L/yr 6% more
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Axis Bank System Engineer Salary 1 - 2 years exp. (5 salaries)	Unlock ₹3 L/yr - ₹4.8 L/yr 23% less
HDFC Bank System Engineer Salary 1 - 6 years exp. (4 salaries)	Unlock ₹3 L/yr - ₹5 L/yr At par
State Bank of India System Engineer Salary 0 - 6 years exp. (4 salaries)	Unlock ₹1.5 L/yr - ₹5.3 L/yr 31% less
Kotak Mahindra Bank System Engineer Salary 2 - 7 years exp. (3 salaries)	Unlock ₹3.5 L/yr - ₹15 L/yr 73% more
IndusInd Bank System Engineer Salary 2 - 3 years exp. (4 salaries)	Unlock ₹1.8 L/yr - ₹4 L/yr 26% less
Yes Bank System Engineer Salary 0 - 7 years exp. (13 salaries)	Unlock ₹1.6 L/yr - ₹6.5 L/yr 23% less
RBL Bank System Engineer Salary 0 - 4 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹3.8 L/yr 24% less
Wells Fargo System Engineer Salary 4 - 9 years exp. (49 salaries)	Unlock ₹5 L/yr - ₹19.7 L/yr 147% more
JPMorgan Chase & Co. System Engineer Salary 3 - 9 years exp. (21 salaries)	Unlock ₹3.6 L/yr - ₹19.1 L/yr 128% more
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BNY System Engineer Salary 1 - 5 years exp. (12 salaries)	Unlock ₹3.5 L/yr - ₹6.6 L/yr 7% more
Morgan Stanley System Engineer Salary 2 - 7 years exp. (8 salaries)	Unlock ₹7.5 L/yr - ₹26.2 L/yr 244% more
BNP Paribas System Engineer Salary 2 - 7 years exp. (9 salaries)	Unlock ₹2.3 L/yr - ₹9.2 L/yr 45% more
UBS System Engineer Salary 4 - 8 years exp. (8 salaries)	Unlock ₹7.2 L/yr - ₹14 L/yr 126% more	1 job opening
American Express System Engineer Salary 2 - 5 years exp. (7 salaries)	Unlock ₹11.6 L/yr - ₹13.3 L/yr 169% more
Citicorp System Engineer Salary 2 - 10 years exp. (7 salaries)	Unlock ₹2.1 L/yr - ₹11.9 L/yr 49% more
Karvy DigiKonnect System Engineer Salary 3 - 10 years exp. (6 salaries)	Unlock ₹2.3 L/yr - ₹7.5 L/yr 11% less
State Street Corporation System Engineer Salary 1 - 7 years exp. (5 salaries)	Unlock ₹2.6 L/yr - ₹13.3 L/yr 68% more
Aon System Engineer Salary 1 - 9 years exp. (4 salaries)	Unlock ₹4 L/yr - ₹11 L/yr 33% more

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System Engineer salary at HSBC Group ranges between ₹3 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 16 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group System Engineer

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1 year exp.

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5 years exp.

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4 years exp.

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4 years exp.

4mo ago

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10mo ago

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4 years exp.

11mo ago

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3 years exp.

1y ago

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2 years exp.

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2 years exp.

Experience wise HSBC Group System Engineer salaries

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	Unlock ₹1.7 L/yr - ₹5 L/yr
1 year (3 salaries)	Unlock ₹3 L/yr - ₹7.9 L/yr
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2 years (AmbitionBox Estimate)	Unlock ₹4 L/yr - ₹5 L/yr
3 years (3 salaries)	Unlock ₹3 L/yr - ₹5.2 L/yr
4 years (5 salaries)	Unlock ₹4.2 L/yr - ₹6.8 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹4.2 L/yr - ₹8.4 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹5.5 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹5.5 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹4.4 L/yr - ₹5.6 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹2 L/yr - ₹6.6 L/yr

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Similar Designation salaries in HSBC Group

Senior Engineer Salary

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₹7.75 L/yr - ₹24 L/yr

Lead Engineer Salary

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₹20 L/yr - ₹60.27 L/yr

Software Engineer Salary

(1.3k salaries)

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₹4.95 L/yr - ₹14.35 L/yr

Project Engineer Salary

(AmbitionBox Estimate)

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₹17.1 L/yr - ₹21.8 L/yr

Lead Software Engineer Salary

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₹13 L/yr - ₹29 L/yr

Web Developer Salary

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₹3.6 L/yr - ₹4.6 L/yr

Senior Developer Salary

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₹16.47 L/yr - ₹19 L/yr

Team Lead Salary

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₹6.93 L/yr - ₹26.45 L/yr

Senior Software Engineer Salary

(1.7k salaries)

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₹7.82 L/yr - ₹26 L/yr

Java Developer Salary

(8 salaries)

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₹4.75 L/yr - ₹21.42 L/yr

Salary related reviews for HSBC Group

Senior Associate in Bangalore / Bengaluru

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.

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.

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 Software Engineer in Yerwada, Pune

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.

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.

Skill development - Poor

Software Engineer in Maharashtra

Engineering - Software & QA Department

2.0

• posted on 03 May 2021

2.0

for Salary and Benefits

Likes

The only thing that kept me going was job security. The work culture wasn't really good.

Dislikes

...ement sweet talks you every time you discuss an issue and it rarely gets solved. Salary was good but the yearly bonus/raise was meagre. Not much flexibility with the holiday plan, a lot of it depends on the team also, but overall work culture wasn't a good experience. If you value work satisfaction, welcoming culture, work life balance over salary then this place is not for you.

Salary - Poor

+5 more

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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... read more

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HSBC Group System Engineer Salary FAQs

What is the salary of System Engineer at HSBC Group?

System Engineer salary at HSBC Group in India ranges between ₹3.0 Lakhs to ₹6.8 Lakhs for less than 1 year of experience to 9 years. According to our estimates it is 17% less than the average System Engineer Salary in India. Salary estimates are based on 16 latest salaries received from various employees of HSBC Group India.

How does the salary of a System Engineer at HSBC Group India compare with the average salary range for this job?

The average salary of a System Engineer at HSBC Group is 17% less than the average salary of a System Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than HSBC Group to a System Engineer in India?

Morgan Stanley System Engineer Salary - ₹7.5 Lakhs to ₹26.2 Lakhs per year
American Express System Engineer Salary - ₹11.6 Lakhs to ₹13.3 Lakhs per year
Wells Fargo System Engineer Salary - ₹5.0 Lakhs to ₹19.7 Lakhs per year
JPMorgan Chase & Co. System Engineer Salary - ₹3.6 Lakhs to ₹19.1 Lakhs per year
UBS System Engineer Salary - ₹7.2 Lakhs to ₹14.0 Lakhs per year

What is the salary of a System Engineer in companies similar to HSBC Group in India?

Kotak Mahindra Bank System Engineer Salary - ₹3.5 Lakhs to ₹15.0 Lakhs per year
State Street Corporation System Engineer Salary - ₹2.6 Lakhs to ₹13.3 Lakhs per year
Citicorp System Engineer Salary - ₹2.1 Lakhs to ₹11.9 Lakhs per year
BNP Paribas System Engineer Salary - ₹2.3 Lakhs to ₹9.2 Lakhs per year
Marsh McLennan System Engineer Salary - ₹6.0 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a System Engineer at HSBC Group ranges between ₹34,635 per month to ₹35,880 per month in India. The take-home salary calculation is based on the average HSBC Group System Engineer salary in India which ranges between ₹3.0 Lakhs to ₹6.8 Lakhs per year for employees with less than 1 year of experience to 9 years. Check how did we calculate take home salary?

What is the notice period for System Engineer at HSBC Group?

According to AmbitionBox, 56% of the HSBC Group System Engineers reported a notice period of 15 days or less, 44% reported a notice period of 1 Month.This is based on 9 responses on AmbitionBox in last 2 years.

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HSBC Group System Engineer Salaries by Location

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HSBC Group System Engineer Salaries

HSBC Group System Engineer salary in India ranges between ₹3 Lakhs to ₹6.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 16 HSBC Group latest salaries received from various employees of HSBC Group.