HSBC Software Development Software Engineer II Salaries by 4 Employees

4 - 6 years exp.

₹12.1 Lakhs - ₹23 Lakhs

Salary of majority employees

6% less than the average Software Engineer II Salary in Software Product Companies for 4 - 6 years of experience

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Last Updated: 19 Apr 2024

Companies similar to HSBC Software Development for Software Engineer II

Company name	Avg Annual Salary	Open Jobs
FIS Software Engineer II Salary 4 - 8 years exp. (269 salaries)	₹6.5 L/yr - ₹19 L/yr 13% less
Cisco Software Engineer II Salary 1 - 8 years exp. (159 salaries)	₹11 L/yr - ₹28 L/yr 37% more	1 job opening
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Dell Software Engineer II Salary 1 - 8 years exp. (129 salaries)	₹7.5 L/yr - ₹20 L/yr 8% less	1 job opening
FactSet Software Engineer II Salary 1 - 3 years exp. (106 salaries)	₹7.2 L/yr - ₹17 L/yr 6% less
Concentrix Corporation Software Engineer II Salary 3 - 11 years exp. (81 salaries)	₹7 L/yr - ₹19 L/yr 17% less
HCLTech Software Engineer II Salary 1 - 6 years exp. (60 salaries)	₹4 L/yr - ₹12.8 L/yr 54% less
Amazon Software Engineer II Salary 1 - 5 years exp. (41 salaries)	₹13.4 L/yr - ₹56.4 L/yr 105% more
S&P Global Software Engineer II Salary 2 - 8 years exp. (25 salaries)	₹9.5 L/yr - ₹23.9 L/yr 8% less
Optum Global Solutions Software Engineer II Salary 3 - 7 years exp. (16 salaries)	₹8 L/yr - ₹21 L/yr 5% less
Capgemini Software Engineer II Salary 2 - 4 years exp. (9 salaries)	₹4.8 L/yr - ₹18.1 L/yr 32% less
Accenture Software Engineer II Salary 0 - 10 years exp. (8 salaries)	₹4.8 L/yr - ₹19.8 L/yr 26% less
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Capgemini Engineering Software Engineer II Salary 1 - 7 years exp. (7 salaries)	₹4.4 L/yr - ₹9.1 L/yr 47% less
Siemens Software Engineer II Salary 1 - 3 years exp. (7 salaries)	₹7 L/yr - ₹16 L/yr 29% less
Xoriant Software Engineer II Salary 3 - 6 years exp. (5 salaries)	₹10 L/yr - ₹22.1 L/yr 1% more
Nagarro Software Engineer II Salary 1 - 5 years exp. (4 salaries)	₹6 L/yr - ₹20 L/yr 22% less
NeoSOFT Software Engineer II Salary 2 - 5 years exp. (3 salaries)	₹12 L/yr - ₹16 L/yr 13% less
Fujitsu Software Engineer II Salary 5 - 9 years exp. (3 salaries)	₹14 L/yr - ₹19.7 L/yr 10% more
Tata Elxsi Software Engineer II Salary 3 - 4 years exp. (3 salaries)	₹11 L/yr - ₹17.9 L/yr 12% less
Unisys Software Engineer II Salary 3 - 16 years exp. (3 salaries)	₹10.5 L/yr - ₹23.5 L/yr 12% more

Software Engineer II salary at HSBC Software Development ranges between ₹12.1 Lakhs to ₹23 Lakhs per year for employees with experience between 4 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of HSBC Software Development.

Experience wise HSBC Software Development Software Engineer II salaries

Last Updated: 19 Apr 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.9 L/yr
5 years (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
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6 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.6 L/yr

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Salary related reviews for HSBC Software Development

5.0

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

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HSBC Software Development Software Engineer II Salary FAQs

What is the salary of Software Engineer II at HSBC Software Development ?

The average salary of a Software Engineer II at HSBC Software Development in India typically ranges from ₹12.1 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 4 years to 6 years).

The top 10% of Software Engineer II at HSBC Software Development earn more than ₹23.0 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Software Engineer II 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 4 HSBC Software Development employees in India.

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

The estimated take-home salary of a Software Engineer II at HSBC Software Development in India typically ranges from ₹1,07,661 to ₹1,10,630 per month. This is based on the average salary range of ₹12.1 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 4 years 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 4 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 Software Engineer II in India?

Amazon	₹13.4 Lakhs to ₹56.4 Lakhs per year
Cisco	₹11.0 Lakhs to ₹28.0 Lakhs per year
Unisys	₹10.5 Lakhs to ₹23.5 Lakhs per year
Fujitsu	₹14.0 Lakhs to ₹19.7 Lakhs per year
Xoriant	₹10.0 Lakhs to ₹22.1 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 Software Engineer II in companies similar to HSBC Software Development in India?

The salary of a Software Engineer II at companies similar to HSBC Software Development in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Optum Global Solutions	₹8.0 Lakhs to ₹21.0 Lakhs per year
FactSet	₹7.2 Lakhs to ₹17.0 Lakhs per year
Dell	₹7.5 Lakhs to ₹20.0 Lakhs per year
S&P Global	₹9.5 Lakhs to ₹23.9 Lakhs per year
Tata Elxsi	₹11.0 Lakhs to ₹17.9 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 II at HSBC Software Development in India?

The salary growth for a Software Engineer II at HSBC Software Development depends on factors such as experience, performance, and promotions. On average, a Software Engineer II can expect the following growth trajectory at HSBC Software Development:

Experience	Average Salary Range
4 years	₹16.3 Lakhs to ₹20.9 Lakhs per year
5 years	₹10.9 Lakhs to ₹13.9 Lakhs per year
6 years	₹13.0 Lakhs to ₹16.6 Lakhs per year

and so on.

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HSBC Software Development Software Engineer II Salaries

HSBC Software Development Software Engineer II salary in India ranges between ₹12.1 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 HSBC Software Development latest salaries received from various employees of HSBC Software Development.