HSBC Software Development Associate Salaries by 6 Employees (Updated 2025)

3 - 8 years exp.

₹4 Lakhs - ₹8.1 Lakhs

Salary of majority employees

21% less than the average Associate Salary in Software Product Companies for 3 - 8 years of experience

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Salaries in different departments

Engineering - Software & QA Associate Salary 3 - 5 years exp. (3 salaries)	₹4 L/yr - ₹5.4 L/yr
Engineering - Hardware & Networks Associate Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.1 L/yr
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Human Resources Associate Salary 5 years exp. (AmbitionBox Estimate)	₹5.1 L/yr - ₹6 L/yr

Last Updated: 4 Feb 2024

Companies similar to HSBC Software Development for Associate

Company name	Avg Annual Salary	Open Jobs
Accenture Associate Salary 0 - 6 years exp. (5.8k salaries)	₹0.8 L/yr - ₹7 L/yr 30% less	85 job openings
Amazon Associate Salary 0 - 6 years exp. (2.8k salaries)	₹0.8 L/yr - ₹6.6 L/yr 41% less	23 job openings
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HCLTech Associate Salary 0 - 6 years exp. (2k salaries)	₹0.9 L/yr - ₹8.1 L/yr 45% less
Capgemini Associate Salary 0 - 4 years exp. (2k salaries)	₹0.6 L/yr - ₹7.2 L/yr 38% less
Concentrix Corporation Associate Salary 0 - 6 years exp. (1.3k salaries)	₹1.3 L/yr - ₹7.2 L/yr 42% less	3 job openings
Teleperformance Associate Salary 0 - 6 years exp. (645 salaries)	₹1.2 L/yr - ₹5.5 L/yr 46% less
Amazon Development Centre India Associate Salary 0 - 6 years exp. (623 salaries)	₹1.6 L/yr - ₹6 L/yr 41% less
Mphasis Associate Salary 1 - 6 years exp. (221 salaries)	₹1.6 L/yr - ₹7 L/yr 38% less	1 job opening
Coforge Associate Salary 0 - 4 years exp. (206 salaries)	₹2.1 L/yr - ₹6 L/yr 41% less
FIS Associate Salary 0 - 7 years exp. (158 salaries)	₹1.1 L/yr - ₹8.2 L/yr 31% less
S&P Global Associate Salary 1 - 5 years exp. (123 salaries)	₹3 L/yr - ₹12 L/yr 23% more
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Nagarro Associate Salary 0 - 5 years exp. (82 salaries)	₹3.4 L/yr - ₹13.2 L/yr 43% more
AGS Health Associate Salary 0 - 4 years exp. (77 salaries)	₹1 L/yr - ₹5 L/yr 49% less
Sterlite Technologies Associate Salary 2 - 6 years exp. (54 salaries)	₹2 L/yr - ₹5.8 L/yr 42% less
Capgemini Engineering Associate Salary 1 - 3 years exp. (38 salaries)	₹3.5 L/yr - ₹5.8 L/yr 25% less
Infinite Computer Solutions Associate Salary 0 - 5 years exp. (23 salaries)	₹2.4 L/yr - ₹6 L/yr 32% less
Unisys Associate Salary 0 - 9 years exp. (21 salaries)	₹4.1 L/yr - ₹8 L/yr 26% less
FactSet Associate Salary 0 - 5 years exp. (18 salaries)	₹3 L/yr - ₹9.1 L/yr 9% less
Persistent Systems Associate Salary 1 - 7 years exp. (13 salaries)	₹9.5 L/yr - ₹19.7 L/yr 96% more
Cisco Associate Salary 0 - 7 years exp. (11 salaries)	₹5.4 L/yr - ₹23 L/yr 125% more

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Associate salary at HSBC Software Development ranges between ₹4 Lakhs to ₹8.1 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of HSBC Software Development.

Experience wise HSBC Software Development Associate salaries

Last Updated: 4 Feb 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.4 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹10.5 L/yr
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5 years (AmbitionBox Estimate)	₹4 L/yr - ₹6 L/yr
6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.8 L/yr
7 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8.1 L/yr
8 years (AmbitionBox Estimate)	₹2.4 L/yr - ₹8.1 L/yr

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Similar Designation salaries in HSBC Software Development

Senior Associate Salary

(13 salaries)

₹5 L/yr - ₹8.5 L/yr

Team Lead Salary

(71 salaries)

₹11.5 L/yr - ₹25 L/yr

Technical Lead Salary

(33 salaries)

₹14 L/yr - ₹29.62 L/yr

Lead Engineer Salary

(3 salaries)

₹24 L/yr - ₹50 L/yr

Associate Consultant Salary

(3 salaries)

₹17 L/yr - ₹23 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Senior Engineer Salary

(5 salaries)

₹7 L/yr - ₹12 L/yr

System Engineer Salary

(8 salaries)

₹3.2 L/yr - ₹7.6 L/yr

Java Developer Salary

(5 salaries)

₹3.5 L/yr - ₹12.12 L/yr

Senior Developer Salary

(AmbitionBox Estimate)

₹14 L/yr - ₹17.8 L/yr

Salary related reviews for HSBC Software Development

4.0

Rated by 1 employees for salary & benefits

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 25 Nov 2024

4.0

for Salary and Benefits

Likes

Hybrid working model. Great team and strong supporting managers.

Salary - Good

+6 more

Dislikes

The only thing which I did not like about hsbc was, salary hike is not discussed during appraisal time, and once you get the number there is no scope for discussion.

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

2.0

• posted on 02 Jan 2023

1.0

for Salary and Benefits

Likes

1. No micro management until you are doing your task properly

Dislikes

1. Make sure you join with good package so that you can stay for some year because hikes are very low. 2. Less opportunities for in role promotions & IJP process is not transparent 3. Work culture is average as not much team bonding activity happens

Salary - Bad

+5 more

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

3.0

• posted on 14 Dec 2021

2.0

for Salary and Benefits

Likes

1. Work- life balance can be good if your team is supportive. 2. European work culture can be seen in some teams if managers are cool.

Job security - Good

+1 more

Dislikes

1. Poor compensation. 2. Place is filled with vendors which affects the team culture alot. Vendors generally agree to work longer hours, which forces entire team to work longer. 3. Technology exposure is very limited. 4. The cool factor with software engineer is missing because decisions are largely bank influenced.

Salary - Poor

+2 more

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 01 Mar 2022

3.0

for Salary and Benefits

Likes

Work life balance, good environment to work. No unnecessary pressure of work. You can manage out time to up skill yourself within office hours as well.

Skill development - Good

+5 more

Dislikes

Compensation for sure. It may give a good lure, but yearly hikes are meagre. But overall, if you are more on learning side, go for it. Good place to learn and achieve.

Senior Software Engineer in Pune

Full Time

Engineering - Software & QA Department

5.0

• posted on 04 Jul 2021

5.0

for Salary and Benefits

Likes

Great hike based on performance, work life balance, leave policy.

Salary - Excellent

+4 more

Dislikes

Company is now moving towards cost cutting on higher rate, which is causing threat to job -security, layoffs are very common and yearly process almost.

Job security - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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HSBC Software Development Associate Salary FAQs

What is the salary of Associate at HSBC Software Development?

Associate salary at HSBC Software Development in India ranges between ₹4.0 Lakhs to ₹8.1 Lakhs for experience between 3 years to 8 years. According to our estimates it is 21% less than the average Associate Salary in India. Salary estimates are based on 6 latest salaries received from various employees of HSBC Software Development India.

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

The average salary of a Associate at HSBC Software Development is 21% less than the average salary of a Associate in India. To know exact salary insights, login to view.

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

Cisco Associate Salary - ₹5.4 Lakhs to ₹23.0 Lakhs per year
Persistent Systems Associate Salary - ₹9.5 Lakhs to ₹19.7 Lakhs per year
ValueLabs Associate Salary - ₹4.8 Lakhs to ₹11.8 Lakhs per year
Fujitsu Associate Salary - ₹8.6 Lakhs to ₹10.0 Lakhs per year
Nagarro Associate Salary - ₹3.4 Lakhs to ₹13.2 Lakhs per year

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

S&P Global Associate Salary - ₹3.0 Lakhs to ₹12.0 Lakhs per year
NeoSOFT Associate Salary - ₹4.0 Lakhs to ₹9.0 Lakhs per year
Microland Associate Salary - ₹3.8 Lakhs to ₹8.0 Lakhs per year
Xoriant Associate Salary - ₹4.5 Lakhs to ₹9.0 Lakhs per year
Tata Elxsi Associate Salary - ₹4.0 Lakhs to ₹7.3 Lakhs per year

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

The estimated take-home salary of a Associate at HSBC Software Development ranges between ₹44,941 per month to ₹46,033 per month in India. The take-home salary calculation is based on the average HSBC Software Development Associate salary in India which ranges between ₹4.0 Lakhs to ₹8.1 Lakhs per year for employees with experience between 3 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Associate at HSBC Software Development?

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

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HSBC Software Development Associate Salaries

HSBC Software Development Associate salary in India ranges between ₹4 Lakhs to ₹8.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 HSBC Software Development latest salaries received from various employees of HSBC Software Development.