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HSBC Group Software Engineer salaries in India (Updated 2025)

Annual salary range
0 - 6 years exp.
₹4.8 Lakhs - ₹15 Lakhs
Avg. annual salary
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Fixed
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Variable
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Monthly In-hand Salary

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Software Engineer Salary at HSBC Group ranges between ₹4.8 Lakhs to ₹15 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 1.5k latest salaries... Read more

16% more than the average Software Engineer Salary in Financial Services Companies for 0 - 6 years of experience

Interested in this particular role? 2 job openings

What are the roles & responsibilities of a Software Engineer at HSBC Group?

Software Development

  • Develop and maintain APIs & microservices
  • Contribute to all stages of software development lifecycle
  • Analyze user requirements to define business objectives
  • Deliver business specific custom requirements

Collaboration & Communication

  • Proactively communicate with product owner, developers, QA, and database engineers

Read full roles & responsibilities

Last Updated: 28 Jun 2025

Companies similar to HSBC Group for Software Engineer

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

0 - 12 years exp. (2.8k salaries)

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₹12 L/yr - ₹36 L/yr

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Wells Fargo Software Engineer Salary

1 - 9 years exp. (1.5k salaries)

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₹10.9 L/yr - ₹32 L/yr

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UBS Software Engineer Salary

1 - 8 years exp. (385 salaries)

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₹8.3 L/yr - ₹27.8 L/yr

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BNP Paribas Software Engineer Salary

1 - 6 years exp. (362 salaries)

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₹4.5 L/yr - ₹14 L/yr

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Citicorp Software Engineer Salary

2 - 5 years exp. (307 salaries)

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₹11.6 L/yr - ₹32 L/yr

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American Express Software Engineer Salary

0 - 8 years exp. (257 salaries)

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₹10 L/yr - ₹36.7 L/yr

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Morgan Stanley Software Engineer Salary

1 - 10 years exp. (242 salaries)

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₹11 L/yr - ₹41.8 L/yr

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FactSet Software Engineer Salary

1 - 5 years exp. (205 salaries)

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₹6.7 L/yr - ₹25 L/yr

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1 job opening
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Marsh McLennan Software Engineer Salary

1 - 6 years exp. (93 salaries)

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₹3.9 L/yr - ₹13.1 L/yr

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BNY Software Engineer Salary

1 - 10 years exp. (84 salaries)

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₹7 L/yr - ₹24.3 L/yr

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HSBC Group Software Engineer Salary and Career Growth

From

To

Software Engineer

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0 - 6 years exp.

Senior Project Manager

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13 - 21 years exp.

Software Engineer

0 - 6 years exp.
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Senior Software Engineer

2 - 11 years exp.
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arrow icon 67% hike

Consultant Specialist

5 - 16 years exp.
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arrow icon 47% hike

From

To

Software Engineer

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0 - 6 years exp.

Lead Consultant Specialist

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13 - 18 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Latest annual salaries shared by HSBC Group Software Engineer

1d ago
₹13.5 Lakhs
2 years exp.
1d ago
₹11 Lakhs
3 years exp.
1d ago
₹11 Lakhs
3 years exp.
1d ago
₹10 Lakhs
1 year exp.
2d ago
₹13 Lakhs
3 years exp.
2d ago
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HSBC Group Software Engineer salaries by

Years of experience Avg. annual salary
Fresher  (136 salaries)

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₹5 L/yr - ₹13 L/yr
1 year  (302 salaries)

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₹4.5 L/yr - ₹14.5 L/yr
2 years  (450 salaries)

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₹4 L/yr - ₹14.3 L/yr
3 years  (297 salaries)

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₹4.5 L/yr - ₹15.2 L/yr
4 years  (189 salaries)

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₹5.1 L/yr - ₹16.2 L/yr
View all salaries by experience

Similar Designation Salaries at HSBC Group

Similar Designation Avg. annual salary
Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹18.5 L/yr - ₹23.6 L/yr

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₹7.8 L/yr - ₹25 L/yr

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₹3 L/yr - ₹6.8 L/yr

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₹8 L/yr - ₹30 L/yr

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₹20 L/yr - ₹60.3 L/yr

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₹11.2 L/yr - ₹30 L/yr

Project Engineer Salary
(AmbitionBox Estimate)
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₹17.1 L/yr - ₹21.8 L/yr

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₹9 L/yr - ₹11.5 L/yr

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₹8 L/yr - ₹13 L/yr

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₹12.3 L/yr - ₹33 L/yr

View more similar designations

What people are saying about HSBC Group

View All
captaincul
Verified Icon
6d
ex -
IBM
Worried about BGV
Actually i got preoffer letter in HSBC just worried abt BGV , In my first company i just worked 2 months and left but i didnt get any experience letter letter but after that i worked for 4 years in Another company where i got all documents and just shared offer letter of my first company iwith BGV team. Can anyone one help me out i also informed HR during discussion he also said he will make a note
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Salary related reviews for HSBC Group

3.4

Rated by 148 employees for salary & benefits

Full Time

 · 

Engineering - Software & QA Department

2.0
  •  updated on 27 Apr 2025

4.0
 for  Salary and Benefits

Likes

Good salary, less increment. Hybrid work culture, hsbc as a company is really good but my department and team sucks

read more
  • Salary - Good
  • +1 more

Dislikes

The work culture sucks here, lot of politics and nuisance. Mangement is poor and no one has work satisfaction.

  • Skill development - Bad
  • +4 more

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  updated 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

2.0
  •  updated 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.

read more
  • Salary - Poor
  • +5 more

Engineering - Hardware & Networks Department

3.0
  •  updated on 21 Mar 2021

2.0
 for  Salary and Benefits

Likes

... not transparent. No work life balance. Sometimes you have to work for 12 hrs. Compared to work hike and bonus is very less.

read more

Dislikes

  • Salary - Poor
  • Promotions - Poor
  • +3 more

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  updated 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
see more salary related reviews

HSBC Group Software Engineer Salary FAQs

What is the salary of Software Engineer at HSBC Group ?
The average salary of a Software Engineer at HSBC Group in India typically ranges from ₹4.8 Lakhs to ₹15.0 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Software Engineer at HSBC Group earn more than ₹12.5 Lakhs per year, and the top 1% earn over ₹16.6 Lakhs per year. Software 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 1500+ HSBC Group employees in India.
What is the estimated take home salary of a Software Engineer at HSBC Group in India?
The estimated take-home salary of a Software Engineer at HSBC Group in India typically ranges from ₹74,353 to ₹76,276 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from Fresher 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 1500+ salaries received from various employees of HSBC Group. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Engineer at HSBC Group ?
To be a Software Engineer at HSBC Group in india, the key skills required include:

  • - Financial Services
  • - Agile Coaching
  • - Automation Testing
  • - Python
  • - SQL

These skills are highly valued at HSBC Group and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than HSBC Group for Software Engineer in India?
JPMorgan Chase & Co. ₹12.0 Lakhs to ₹36.0 Lakhs per year
Morgan Stanley ₹11.0 Lakhs to ₹41.8 Lakhs per year
Piramal Group ₹15.0 Lakhs to ₹30.0 Lakhs per year
American Express ₹10.0 Lakhs to ₹36.7 Lakhs per year
Wells Fargo ₹10.9 Lakhs to ₹32.0 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 Engineer in companies similar to HSBC Group in India?
The salary of a Software Engineer at companies similar to HSBC Group in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Northern Trust Operating Services ₹13.8 Lakhs to ₹31.0 Lakhs per year
Citicorp ₹11.6 Lakhs to ₹32.0 Lakhs per year
UBS ₹8.3 Lakhs to ₹27.8 Lakhs per year
FactSet ₹6.7 Lakhs to ₹25.0 Lakhs per year
BNY ₹7.0 Lakhs to ₹24.3 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 Engineer at HSBC Group in India?
The salary growth for a Software Engineer at HSBC Group depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
Fresher ₹5.0 Lakhs to ₹13.0 Lakhs per year
1 year ₹4.5 Lakhs to ₹14.5 Lakhs per year
2 years ₹4.0 Lakhs to ₹14.3 Lakhs per year
3 years ₹4.5 Lakhs to ₹15.2 Lakhs per year
and so on.

Top skills at HSBC Group for Software Engineer

DevOps SQL Java Problem Solving Agile Spring Microservices

Tell us how to improve this page.

HSBC Group Software Engineer salary in India ranges between ₹4.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 1.5k HSBC Group latest salaries received from various employees of HSBC Group.