HSBC Software Development Mumbai Software Engineer Salaries by 10+ Employees (Updated 2025)

1 - 6 years exp.

₹4.2 Lakhs - ₹14.8 Lakhs

Salary of majority employees

23% more than the average Software Engineer Salary in Software Product Companies for 1 - 6 years of experience

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Last Updated: 31 May 2024

Companies similar to HSBC Software Development for Software Engineer in Mumbai

HSBC Software Development Software Engineer Salary

1 - 6 years exp. (17 salaries)

₹4.2 L/yr - ₹14.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Capgemini Software Engineer Salary 0 - 7 years exp. (1.4k salaries)	₹2 L/yr - ₹10.5 L/yr 37% less	97 job openings
Accenture Software Engineer Salary 0 - 7 years exp. (814 salaries)	₹3.6 L/yr - ₹12.8 L/yr 13% less
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NeoSOFT Software Engineer Salary 1 - 6 years exp. (564 salaries)	₹3.4 L/yr - ₹14 L/yr 13% less
Xoriant Software Engineer Salary 1 - 6 years exp. (105 salaries)	₹4 L/yr - ₹14.1 L/yr 6% less	1 job opening
QualityKiosk Technologies Software Engineer Salary 0 - 6 years exp. (46 salaries)	₹2.1 L/yr - ₹9.1 L/yr 43% less	1 job opening
FIS Software Engineer Salary 0 - 7 years exp. (26 salaries)	₹4.8 L/yr - ₹13.3 L/yr 2% less
Nagarro Software Engineer Salary 1 - 5 years exp. (26 salaries)	₹4.5 L/yr - ₹12 L/yr 25% less
Siemens Software Engineer Salary 1 - 6 years exp. (12 salaries)	₹5.1 L/yr - ₹20 L/yr 34% more	9 job openings
Teleperformance Software Engineer Salary 1 - 7 years exp. (10 salaries)	₹3.6 L/yr - ₹8.5 L/yr 19% less
Concentrix Corporation Software Engineer Salary 2 - 6 years exp. (7 salaries)	₹4 L/yr - ₹14.9 L/yr 1% less
Sterlite Technologies Software Engineer Salary 0 - 5 years exp. (4 salaries)	₹4.2 L/yr - ₹8.7 L/yr 19% less	4 job openings
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Software Engineer salary at HSBC Software Development ranges between ₹4.2 Lakhs to ₹14.8 Lakhs per year for employees with experience between 1 year to 6 years. Salary estimates are based on 17 latest salaries received from various employees of HSBC Software Development.

Experience wise HSBC Software Development Software Engineer salaries in Mumbai

Last Updated: 31 May 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹5 L/yr - ₹15.7 L/yr
2 years (4 salaries)	₹4.2 L/yr - ₹16.2 L/yr
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3 years (7 salaries)	₹5.2 L/yr - ₹11 L/yr
4 years (3 salaries)	₹9.3 L/yr - ₹15 L/yr
5 years (AmbitionBox Estimate)	₹3.9 L/yr - ₹17.4 L/yr
6 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹17.8 L/yr

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Similar Designation salaries in HSBC Software Development

Lead Business Analyst Salary

(5 salaries)

₹25.5 L/yr - ₹35 L/yr

Salary related reviews for HSBC Software Development

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

Software Engineer in Pune

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jul 2018

3.0

for Salary and Benefits

Likes

Two things are like about working at HSBC : work life balance and Job security. Salary pay hike is according to market standard.

Job security - Good

+1 more

Dislikes

Travel: Only short-term travel for 2-3 weeks You wont get chance to work on new technologies. Career growth is very slow.

Software Engineer in Pune

Engineering - Software & QA Department

4.0

• posted on 29 Dec 2020

4.0

for Salary and Benefits

Likes

Fixed compensation, scope to learn any technology, moderately safe for job security till consultant specialist, many online subscriptions like Coursera, orielly, linkedIn learning etc.

Salary - Good

+6 more

Dislikes

Only dislike: Everything is manager dependent, if you get stuck old technology and if there is not kuch work under your manager, tough to switch teams and technology.

Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

4.0

• posted on 20 Apr 2019

4.0

for Salary and Benefits

Likes

The company is open to innovation and readily adopts latest technology. I love the fact that I am a part of a team that Global Services Delivery quality service and product and has a global client base..

Salary - Good

+4 more

Dislikes

Compensation is decent, but growth is slow. Managers don't value an individual unique strengths, which is why I have to take back my suggestion most of the time. I do receive appreciation email from my client, but they mostly go unnoticed during my year appraisal.

Job security - Poor

Software Engineer in Pune

Engineering - Hardware & Networks Department

4.0

• posted on 05 Mar 2019

5.0

for Salary and Benefits

Likes

It’s a very good place to work in Hsbc. You can find very good colleagues and good salary. You can learn politics as well. Have very good chances to do innovation activities. Work life is wonderful.

Salary - Excellent

+2 more

Dislikes

Nothing.

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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HSBC Software Development Software Engineer Salary FAQs

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

Software Engineer salary at HSBC Software Development in Mumbai ranges between ₹4.2 Lakhs to ₹14.8 Lakhs for experience between 1 years to 6 years. According to our estimates it is 23% more than the average Software Engineer Salary in India. Salary estimates are based on 17 latest salaries received from various employees of HSBC Software Development Mumbai.

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

The average salary of a Software Engineer at HSBC Software Development is 23% more than the average salary of a Software Engineer in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than HSBC Software Development to a Software Engineer in Mumbai?

Siemens Software Engineer Salary - ₹5.1 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Software Engineer in companies similar to HSBC Software Development in Mumbai?

Concentrix Corporation Software Engineer Salary - ₹4.0 Lakhs to ₹14.9 Lakhs per year
FIS Software Engineer Salary - ₹4.8 Lakhs to ₹13.3 Lakhs per year
Xoriant Software Engineer Salary - ₹4.0 Lakhs to ₹14.1 Lakhs per year
Accenture Software Engineer Salary - ₹3.6 Lakhs to ₹12.8 Lakhs per year
NeoSOFT Software Engineer Salary - ₹3.4 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a Software Engineer at HSBC Software Development ranges between ₹67,726 per month to ₹69,461 per month in Mumbai. The take-home salary calculation is based on the average HSBC Software Development Software Engineer salary in India which ranges between ₹4.2 Lakhs to ₹14.8 Lakhs per year for employees with experience between 1 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at HSBC Software Development in Mumbai?

According to AmbitionBox, 71% of the HSBC Software Development Software Engineers in Mumbai reported a notice period of 2 Months, 15% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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HSBC Software Development Software Engineer Salaries in Mumbai

HSBC Software Development Software Engineer salary in Mumbai ranges between ₹4.2 Lakhs to ₹14.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 17 HSBC Software Development latest salaries received from various employees of HSBC Software Development.