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HSBC Software Development Principal Engineer salaries in India

Annual salary range
14 - 16 years exp.
₹34 Lakhs - ₹50 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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43% more than the average Principal Engineer Salary in Software Product Companies for 14 - 16 years of experience

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Last Updated: 11 Aug 2023

Companies similar to HSBC Software Development for Principal Engineer

Company name Avg Annual Salary Open Jobs
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₹24.5 L/yr - ₹50 L/yr

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₹18 L/yr - ₹37 L/yr

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₹30 L/yr - ₹82.4 L/yr

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Optum Principal Engineer Salary

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₹39.5 L/yr - ₹67 L/yr

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5 - 31 years exp. (19 salaries)

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₹21 L/yr - ₹40 L/yr

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Accenture Principal Engineer Salary

6 - 14 years exp. (17 salaries)

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₹19 L/yr - ₹56.5 L/yr

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Unisys Principal Engineer Salary

13 - 23 years exp. (17 salaries)

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₹39.8 L/yr - ₹49.7 L/yr

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Cisco Principal Engineer Salary

8 - 23 years exp. (14 salaries)

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Capgemini Engineering Principal Engineer Salary

7 - 19 years exp. (10 salaries)

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₹14 L/yr - ₹45 L/yr

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Mphasis Principal Engineer Salary

6 - 10 years exp. (10 salaries)

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₹10 L/yr - ₹20 L/yr

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S&P Global Principal Engineer Salary

6 - 13 years exp. (8 salaries)

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₹15 L/yr - ₹55.5 L/yr

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Persistent Systems Principal Engineer Salary

5 - 19 years exp. (7 salaries)

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₹32 L/yr - ₹62 L/yr

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Capgemini Principal Engineer Salary

14 - 20 years exp. (6 salaries)

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₹25.2 L/yr - ₹50 L/yr

arrow icon 19% less
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HCLTech Principal Engineer Salary

10 - 15 years exp. (5 salaries)

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₹26 L/yr - ₹45 L/yr

arrow icon 26% less
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Coforge Principal Engineer Salary

12 - 17 years exp. (4 salaries)

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₹21 L/yr - ₹45 L/yr

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Xoriant Principal Engineer Salary

8 - 10 years exp. (3 salaries)

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₹32 L/yr - ₹34 L/yr

arrow icon 27% less
Principal Engineer salary at HSBC Software Development ranges between ₹34 Lakhs to ₹50 Lakhs per year for employees with experience between 14 years to 16 years. Salary estimates are based on 3 latest salaries received from various employees of HSBC Software Development.

Latest annual salaries shared by HSBC Software Development Principal Engineer

1y ago
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16 years exp.
1y ago
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14 years exp.
1y ago
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14 years exp.

Experience wise HSBC Software Development Principal Engineer salaries

Last Updated: 11 Aug 2023

Experience Avg Annual Salary
14 years (AmbitionBox Estimate)

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₹37.8 L/yr - ₹48.3 L/yr
15+ years (AmbitionBox Estimate)

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₹47.5 L/yr - ₹52.5 L/yr

Similar Designation salaries in HSBC Software Development

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₹7 L/yr - ₹12 L/yr
Lead Engineer Salary
(3 salaries)
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₹24 L/yr - ₹50 L/yr
Principal Consultant Salary
(AmbitionBox Estimate)
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₹20.3 L/yr - ₹25.9 L/yr
Software Engineer Salary
(879 salaries)
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₹4.4 L/yr - ₹13.28 L/yr
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₹19 L/yr - ₹38 L/yr
Lead Software Engineer Salary
(AmbitionBox Estimate)
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₹26.1 L/yr - ₹33.3 L/yr
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₹24 L/yr - ₹45 L/yr
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₹7.3 L/yr - ₹27 L/yr
Technical Lead Salary
(33 salaries)
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₹14 L/yr - ₹29.62 L/yr
Project Manager Salary
(103 salaries)
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₹17.45 L/yr - ₹47.5 L/yr

Salary related reviews for HSBC Software Development

4.0

Rated by 1 employees for salary & benefits

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.

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.

read more

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

read more

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.

read 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.

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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.

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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.

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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.

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.

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see more salary related reviews

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HSBC Software Development Principal Engineer Salary FAQs

What is the notice period for Principal Engineer at HSBC Software Development?
According to AmbitionBox, 100% of the HSBC Software Development Principal Engineers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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HSBC Software Development Principal Engineer salary in India ranges between ₹34 Lakhs to ₹50 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 HSBC Software Development latest salaries received from various employees of HSBC Software Development.