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HSBC Group

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3.9

based on 4.8k Reviews

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Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

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HSBC Group Software Engineer salaries in Pune (Updated 2025)

Annual salary range
0 - 6 years exp.
₹5 Lakhs - ₹14.4 Lakhs
Salary of majority employees
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23% 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

Salaries in different departments

Engineering - Software & QA
Software Engineer Salary
0 - 6 years exp. (645 salaries)
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₹5 L/yr - ₹14.9 L/yr

IT & Information Security
Software Engineer Salary
0 - 6 years exp. (42 salaries)
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₹5 L/yr - ₹16.4 L/yr

Data Science & Analytics
Software Engineer Salary
0 - 6 years exp. (33 salaries)
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₹5 L/yr - ₹14.3 L/yr

Engineering - Hardware & Networks
Software Engineer Salary
1 - 6 years exp. (10 salaries)
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₹5.5 L/yr - ₹10 L/yr

Last Updated: 24 Mar 2025

Companies similar to HSBC Group for Software Engineer in Pune

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HSBC Group Software Engineer Salary

0 - 6 years exp. (838 salaries)
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₹5 L/yr - ₹14.4 L/yr

vs
Company name Avg Annual Salary Open Jobs
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UBS Software Engineer Salary

1 - 8 years exp. (251 salaries)
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₹8 L/yr - ₹28 L/yr

arrow icon 85% more
 2 job openings
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Citicorp Software Engineer Salary

1 - 10 years exp. (115 salaries)
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₹13 L/yr - ₹31.5 L/yr

arrow icon 116% more
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JPMorgan Chase & Co. Software Engineer Salary

0 - 11 years exp. (83 salaries)
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₹10.5 L/yr - ₹43 L/yr

arrow icon 154% more
 15 job openings
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BNY Software Engineer Salary

1 - 10 years exp. (35 salaries)
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₹6.9 L/yr - ₹28 L/yr

arrow icon 58% more
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Marsh McLennan Software Engineer Salary

1 - 7 years exp. (29 salaries)
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₹4.1 L/yr - ₹10.3 L/yr

arrow icon 21% less
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Morgan Stanley Software Engineer Salary

2 - 6 years exp. (8 salaries)
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₹10.5 L/yr - ₹31 L/yr

arrow icon 109% more
Software Engineer salary at HSBC Group ranges between ₹5 Lakhs to ₹14.4 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 838 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Software Engineer in Pune

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Experience wise HSBC Group Software Engineer salaries in Pune

Last Updated: 24 Mar 2025

Experience Avg Annual Salary
Fresher  (41 salaries)

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₹5 L/yr - ₹12 L/yr
1 year  (181 salaries)

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₹3.6 L/yr - ₹15 L/yr
2 years  (255 salaries)

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₹4 L/yr - ₹15 L/yr
3 years  (150 salaries)

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₹4.5 L/yr - ₹15 L/yr
4 years  (121 salaries)

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₹4.3 L/yr - ₹16.2 L/yr
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HSBC Group Software Engineer Salary and Career Growth

From

To

Software Engineer

₹unlock blur Lakhs/yr

0 - 6 years exp.

Senior Project Manager

₹unlock blur Lakhs/yr

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 69% hike

Consultant Specialist

4 - 16 years exp.
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arrow icon 48% hike

From

View 3 more levels

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.

Similar Designation salaries in HSBC Group

Senior Software Engineer Salary
(1k salaries)
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₹8 L/yr - ₹26 L/yr
Software Developer Salary
(86 salaries)
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₹5.73 L/yr - ₹21.12 L/yr
Software Development Engineer Salary
(4 salaries)
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₹8 L/yr - ₹13 L/yr
Lead Engineer Salary
(3 salaries)
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₹20 L/yr - ₹56 L/yr
System Engineer Salary
(3 salaries)
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₹3 L/yr - ₹4.6 L/yr

Top skills at HSBC Group for Software Engineer

Financial Services Agile Coaching Python Medical Coding Troubleshooting Automation Testing Scrum Production Support SQL JIRA Linux Administration Splunk Admin Digital Marketing UNIX Analytical Skills

Salary related reviews for HSBC Group

3.5

Rated by 98 employees for salary & benefits

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

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

Software Engineer in Pune

Engineering - Hardware & Networks Department

3.0
  •  posted 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

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.

read more
  • Salary - Poor
    • +5 more

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.

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

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

read more
  • 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

read more
  • Salary - Poor
    • +1 more
see more salary related reviews

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What people are saying about HSBC Group

View All
an associate analyst
2d
I got Selected for financial crime investigator in HSBC for Hydrabad location at 8LPA. For this I have to relocate from Kolkata. In my current company I got promoted and getting 5.5 LPA in Kolkata. My current company is very new and small company. I have an overall 1.5 years of experience.
Should I relocate to Hyderabad for HSBC?
Yes
0%
No
0%
5 participants . expiring in 2w
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More about working at HSBC Group

HSBC Group Software Engineer Salary FAQs

What is the salary of Software Engineer at HSBC Group in Pune?
The average salary of a Software Engineer at HSBC Group in Pune typically ranges from ₹5.0 Lakhs to ₹14.4 Lakhs per year, depending on experience (from Fresher to 6 years).

The top 10% of Software Engineer in Pune at HSBC Group earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹15.0 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 800+ HSBC Group employees in India.
What is the estimated take home salary of a Software Engineer at HSBC Group in Pune?
The estimated take-home salary of a Software Engineer at HSBC Group in Pune typically ranges from ₹71,638 to ₹73,484 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹14.4 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 800+ 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 in Pune?
To be a Software Engineer at HSBC Group in Pune, the key skills required include:

  • - Financial Services
  • - Agile Coaching
  • - Python
  • - Medical Coding
  • - Troubleshooting

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. ₹10.5 Lakhs to ₹43.0 Lakhs per year
Citicorp ₹13.0 Lakhs to ₹31.5 Lakhs per year
Morgan Stanley ₹10.5 Lakhs to ₹31.0 Lakhs per year
UBS ₹8.0 Lakhs to ₹28.0 Lakhs per year
BNY ₹6.9 Lakhs to ₹28.0 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 Pune?
The salary of a Software Engineer at companies similar to HSBC Group in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Marsh McLennan ₹4.1 Lakhs to ₹10.3 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 Pune?
The salary growth for a Software Engineer at HSBC Group in Pune depends on factors such as experience, performance, and promotions. On average, a Software Engineer in Pune can expect the following growth trajectory at HSBC Group:

Experience Average Salary Range
Fresher ₹5.0 Lakhs to ₹12.0 Lakhs per year
1 year ₹3.6 Lakhs to ₹15.0 Lakhs per year
2 years ₹4.0 Lakhs to ₹15.0 Lakhs per year
3 years ₹4.5 Lakhs to ₹15.0 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Group Software Engineer salary in Pune ranges between ₹5 Lakhs to ₹14.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 838 HSBC Group latest salaries received from various employees of HSBC Group.