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HSBC Software Development Senior Associate salaries in India (Updated 2025)

Annual salary range
3 - 9 years exp.
₹5 Lakhs - ₹8.5 Lakhs
Salary of majority employees
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24% less than the average Senior Associate Salary in Software Product Companies for 3 - 9 years of experience

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Salaries in different departments

IT & Information Security
Senior Associate Salary
3 - 8 years exp. (5 salaries)
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₹5 L/yr - ₹8.5 L/yr

Engineering - Hardware & Networks
Senior Associate Salary
3 - 5 years exp. (3 salaries)
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₹5.2 L/yr - ₹6.8 L/yr

Customer Success, Service & Operations
Senior Associate Salary
6 - 9 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹7.5 L/yr

Engineering - Software & QA
Senior Associate Salary
7 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹8 L/yr

Last Updated: 22 Feb 2025

Companies similar to HSBC Software Development for Senior Associate

Company name Avg Annual Salary Open Jobs
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Capgemini Senior Associate Salary

0 - 11 years exp. (7.7k salaries)

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₹1.5 L/yr - ₹7.5 L/yr

arrow icon 38% less
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Accenture Senior Associate Salary

0 - 10 years exp. (3.7k salaries)

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₹1.5 L/yr - ₹9.8 L/yr

arrow icon 20% less
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Concentrix Corporation Senior Associate Salary

0 - 9 years exp. (2.9k salaries)

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₹1.8 L/yr - ₹7 L/yr

arrow icon 47% less
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Amazon Senior Associate Salary

0 - 8 years exp. (2.5k salaries)

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₹2.1 L/yr - ₹10.5 L/yr

arrow icon 22% less
12 job openings
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Coforge Senior Associate Salary

2 - 10 years exp. (909 salaries)

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₹4.2 L/yr - ₹18 L/yr

arrow icon 40% more
2 job openings
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₹2.5 L/yr - ₹8.8 L/yr

arrow icon 20% less
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Teleperformance Senior Associate Salary

0 - 8 years exp. (692 salaries)

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₹1.1 L/yr - ₹7 L/yr

arrow icon 47% less
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HCLTech Senior Associate Salary

1 - 10 years exp. (647 salaries)

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₹4.5 L/yr - ₹17 L/yr

arrow icon 36% more
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Optum Global Solutions Senior Associate Salary

1 - 9 years exp. (501 salaries)

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₹2.5 L/yr - ₹7.3 L/yr

arrow icon 39% less
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Nagarro Senior Associate Salary

3 - 8 years exp. (318 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 122% more
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FIS Senior Associate Salary

1 - 7 years exp. (313 salaries)

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₹2.5 L/yr - ₹10 L/yr

arrow icon 25% less
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Dell Senior Associate Salary

0 - 9 years exp. (200 salaries)

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₹2.3 L/yr - ₹8 L/yr

arrow icon 28% less
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S&P Global Senior Associate Salary

2 - 12 years exp. (184 salaries)

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₹6.8 L/yr - ₹25.8 L/yr

arrow icon 109% more
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AGS Health Senior Associate Salary

1 - 6 years exp. (140 salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 43% less
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Siemens Senior Associate Salary

2 - 6 years exp. (74 salaries)

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₹2 L/yr - ₹8.5 L/yr

arrow icon 31% less
3 job openings
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Unisys Senior Associate Salary

2 - 8 years exp. (46 salaries)

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₹3.3 L/yr - ₹13.8 L/yr

arrow icon 9% more
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FactSet Senior Associate Salary

1 - 5 years exp. (31 salaries)

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₹3.8 L/yr - ₹12.1 L/yr

arrow icon 9% more
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Persistent Systems Senior Associate Salary

3 - 12 years exp. (25 salaries)

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₹17 L/yr - ₹38 L/yr

arrow icon 236% more
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ValueLabs Senior Associate Salary

3 - 11 years exp. (22 salaries)

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₹8.6 L/yr - ₹29 L/yr

arrow icon 174% more
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₹3.2 L/yr - ₹13 L/yr

arrow icon 1% more
View all
Senior Associate salary at HSBC Software Development ranges between ₹5 Lakhs to ₹8.5 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 14 latest salaries received from various employees of HSBC Software Development.

Latest annual salaries shared by HSBC Software Development Senior Associate

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Experience wise HSBC Software Development Senior Associate salaries

Last Updated: 22 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹5 L/yr - ₹12.1 L/yr
4 years  (4 salaries)

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₹5.2 L/yr - ₹8.5 L/yr
5 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹7.2 L/yr
6 years (AmbitionBox Estimate)

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₹5.2 L/yr - ₹13.1 L/yr
7 years  (3 salaries)

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₹6 L/yr - ₹8 L/yr
View all

Similar Designation salaries in HSBC Software Development

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₹7 L/yr - ₹12 L/yr
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₹17.8 L/yr - ₹46.82 L/yr
Senior Developer Salary
(AmbitionBox Estimate)
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₹14 L/yr - ₹17.8 L/yr
Lead Engineer Salary
(3 salaries)
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₹24 L/yr - ₹50 L/yr
Team Lead Salary
(72 salaries)
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₹11.5 L/yr - ₹25 L/yr
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₹3.2 L/yr - ₹7.6 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr
Technical Lead Salary
(33 salaries)
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₹14 L/yr - ₹29.62 L/yr
Technology Analyst Salary
(AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr
Software Engineer Salary
(914 salaries)
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₹4.54 L/yr - ₹16.02 L/yr

Salary related reviews for HSBC Software Development

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.

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
  • Salary - Bad
  • +5 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
  • 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.

read more
  • Salary - Poor
  • +2 more

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.

read more
  • 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.

read more

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.

read more
  • Job security - Poor
see more salary related reviews

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HSBC Software Development Senior Associate Salary FAQs

What is the salary of Senior Associate at HSBC Software Development ?
The average salary of a Senior Associate at HSBC Software Development in India typically ranges from ₹5.0 Lakhs to ₹8.5 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Senior Associate at HSBC Software Development earn more than ₹8.5 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Senior Associate Salaries at HSBC Software Development 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 10+ HSBC Software Development employees in India.
What is the estimated take home salary of a Senior Associate at HSBC Software Development in India?
The estimated take-home salary of a Senior Associate at HSBC Software Development in India typically ranges from ₹54,290 to ₹55,645 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.5 Lakhs per year for employees with experience ranging from 3 years to 9 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 10+ salaries received from various employees of HSBC Software Development. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than HSBC Software Development for Senior Associate in India?
Persistent Systems ₹17.0 Lakhs to ₹38.0 Lakhs per year
Xoriant ₹9.9 Lakhs to ₹36.5 Lakhs per year
ValueLabs ₹8.6 Lakhs to ₹29.0 Lakhs per year
Cisco ₹15.0 Lakhs to ₹19.7 Lakhs per year
Nagarro ₹7.0 Lakhs to ₹25.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by HSBC Software Development, depending on the role and experience level.
What is the salary of a Senior Associate in companies similar to HSBC Software Development in India?
The salary of a Senior Associate at companies similar to HSBC Software Development in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

S&P Global ₹6.8 Lakhs to ₹25.8 Lakhs per year
NeoSOFT ₹8.8 Lakhs to ₹13.5 Lakhs per year
Capgemini Engineering ₹4.5 Lakhs to ₹15.9 Lakhs per year
Microland ₹5.0 Lakhs to ₹14.5 Lakhs per year
Coforge ₹4.2 Lakhs to ₹18.0 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 Senior Associate at HSBC Software Development in India?
The salary growth for a Senior Associate at HSBC Software Development depends on factors such as experience, performance, and promotions. On average, a Senior Associate can expect the following growth trajectory at HSBC Software Development:

Experience Average Salary Range
3 years ₹5.0 Lakhs to ₹12.1 Lakhs per year
4 years ₹5.2 Lakhs to ₹8.5 Lakhs per year
5 years ₹5.2 Lakhs to ₹7.2 Lakhs per year
6 years ₹5.2 Lakhs to ₹13.1 Lakhs per year
and so on.

Tell us how to improve this page.

HSBC Software Development Senior Associate salary in India ranges between ₹5 Lakhs to ₹8.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 HSBC Software Development latest salaries received from various employees of HSBC Software Development.