HSBC Software Development Softwaretest Engineer Salaries by 30+ Employees (Updated 2025)

2 - 7 years exp.

₹4.5 Lakhs - ₹17 Lakhs

Avg. annual salary

Monthly In-hand Salary

65% more than the average Softwaretest Engineer Salary in Software Product Companies for 2 - 7 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Softwaretest Engineer Salary 2 - 7 years exp. (26 salaries)	₹4.5 L/yr - ₹17 L/yr
Data Science & Analytics Softwaretest Engineer Salary 3 - 5 years exp. (AmbitionBox Estimate)	₹4.8 L/yr - ₹10.4 L/yr
Login to view exact salary
Quality Assurance Softwaretest Engineer Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹10.8 L/yr

Last Updated: 13 Mar 2025

Companies similar to HSBC Software Development for Softwaretest Engineer

Company name	Avg Annual Salary	Open Jobs
Accenture Softwaretest Engineer Salary 1 - 7 years exp. (3.8k salaries)	₹2.8 L/yr - ₹11.7 L/yr 25% less
Capgemini Softwaretest Engineer Salary 1 - 7 years exp. (3.4k salaries)	₹2.4 L/yr - ₹10.4 L/yr 32% less
Login to view exact salary
HCLTech Softwaretest Engineer Salary 1 - 6 years exp. (2.7k salaries)	₹2 L/yr - ₹10 L/yr 43% less
QualityKiosk Technologies Softwaretest Engineer Salary 0 - 6 years exp. (992 salaries)	₹1.8 L/yr - ₹8.3 L/yr 48% less
Xoriant Softwaretest Engineer Salary 1 - 5 years exp. (623 salaries)	₹2.5 L/yr - ₹8.7 L/yr 49% less
Infinite Computer Solutions Softwaretest Engineer Salary 2 - 5 years exp. (601 salaries)	₹3.1 L/yr - ₹11 L/yr 31% less	2 job openings
Persistent Systems Softwaretest Engineer Salary 2 - 5 years exp. (521 salaries)	₹2 L/yr - ₹9.3 L/yr 38% less	1 job opening
NeoSOFT Softwaretest Engineer Salary 2 - 5 years exp. (483 salaries)	₹2 L/yr - ₹9.8 L/yr 48% less
FIS Softwaretest Engineer Salary 2 - 8 years exp. (414 salaries)	₹3.6 L/yr - ₹14.7 L/yr 7% less
Concentrix Corporation Softwaretest Engineer Salary 2 - 7 years exp. (306 salaries)	₹2.3 L/yr - ₹9.7 L/yr 40% less
Coforge Softwaretest Engineer Salary 1 - 5 years exp. (283 salaries)	₹2.5 L/yr - ₹9.2 L/yr 46% less	1 job opening
Login to view exact salary
Amazon Softwaretest Engineer Salary 1 - 5 years exp. (255 salaries)	₹2.3 L/yr - ₹10.5 L/yr 33% less
Cisco Softwaretest Engineer Salary 0 - 4 years exp. (251 salaries)	₹2 L/yr - ₹9.5 L/yr 49% less
Dell Softwaretest Engineer Salary 2 - 7 years exp. (248 salaries)	₹4.8 L/yr - ₹20 L/yr 24% more
ValueLabs Softwaretest Engineer Salary 2 - 5 years exp. (220 salaries)	₹2 L/yr - ₹9 L/yr 35% less
Siemens Softwaretest Engineer Salary 2 - 10 years exp. (207 salaries)	₹8.4 L/yr - ₹18.7 L/yr 41% more
Optum Global Solutions Softwaretest Engineer Salary 2 - 8 years exp. (166 salaries)	₹6.3 L/yr - ₹17.5 L/yr 4% more
Capgemini Engineering Softwaretest Engineer Salary 1 - 5 years exp. (147 salaries)	₹3 L/yr - ₹8.5 L/yr 47% less
Fujitsu Softwaretest Engineer Salary 2 - 4 years exp. (133 salaries)	₹3.5 L/yr - ₹7.6 L/yr 50% less
Amazon Development Centre India Softwaretest Engineer Salary 0 - 5 years exp. (108 salaries)	₹2.1 L/yr - ₹6.5 L/yr 60% less

View all

Softwaretest Engineer salary at HSBC Software Development ranges between ₹4.5 Lakhs to ₹17 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 33 latest salaries received from various employees of HSBC Software Development.

Experience wise HSBC Software Development Softwaretest Engineer salaries

Last Updated: 13 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
3 years (8 salaries)	₹4.5 L/yr - ₹13 L/yr
Login to view exact salary
4 years (10 salaries)	₹5 L/yr - ₹12 L/yr
5 years (8 salaries)	₹5.2 L/yr - ₹15 L/yr
6 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹12.5 L/yr
7 years (3 salaries)	₹8.3 L/yr - ₹17 L/yr

View all

Similar Designation salaries in HSBC Software Development

Senior Software Engineer Salary

(1.7k salaries)

₹7.39 L/yr - ₹28 L/yr

Consultant Specialist Salary

(1.1k salaries)

₹10 L/yr - ₹32 L/yr

Software Engineer Salary

(791 salaries)

₹4.5 L/yr - ₹16.1 L/yr

Senior Consultant Specialist Salary

(593 salaries)

₹13 L/yr - ₹45 L/yr

Senior System Administrator Salary

(169 salaries)

₹7.4 L/yr - ₹19.5 L/yr

Lead Business Analyst Salary

(140 salaries)

₹18.5 L/yr - ₹40 L/yr

System Administrator Salary

(97 salaries)

₹2.78 L/yr - ₹13 L/yr

Senior Consultant Salary

(56 salaries)

₹17 L/yr - ₹40.25 L/yr

Senior Project Manager Salary

(50 salaries)

₹35 L/yr - ₹57.5 L/yr

Devops Engineer Salary

(46 salaries)

₹4.71 L/yr - ₹19.36 L/yr

Salary related reviews for HSBC Software Development

4.0

Rated by 2 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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about HSBC Software Development?

Ask anonymously on communities.

HSBC Software Development Softwaretest Engineer Salary FAQs

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

The average salary of a Softwaretest Engineer at HSBC Software Development in India typically ranges from ₹4.5 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 2 years to 7 years).

The top 10% of Softwaretest Engineer at HSBC Software Development earn more than ₹13.1 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Softwaretest Engineer 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 30+ HSBC Software Development employees in India.

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

The estimated take-home salary of a Softwaretest Engineer at HSBC Software Development in India typically ranges from ₹69,809 to ₹71,603 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 2 years to 7 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 30+ 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 Softwaretest Engineer in India?

Siemens	₹8.4 Lakhs to ₹18.7 Lakhs per year
Dell	₹4.8 Lakhs to ₹20.0 Lakhs per year
Nagarro	₹4.2 Lakhs to ₹18.0 Lakhs per year
Optum Global Solutions	₹6.3 Lakhs to ₹17.5 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 Softwaretest Engineer in companies similar to HSBC Software Development in India?

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

FactSet	₹8.3 Lakhs to ₹15.0 Lakhs per year
FIS	₹3.6 Lakhs to ₹14.7 Lakhs per year
S&P Global	₹3.5 Lakhs to ₹15.0 Lakhs per year
Unisys	₹3.2 Lakhs to ₹13.6 Lakhs per year
Accenture	₹2.8 Lakhs to ₹11.7 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 Softwaretest Engineer at HSBC Software Development in India?

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

Experience	Average Salary Range
2 years	₹6.8 Lakhs to ₹8.7 Lakhs per year
3 years	₹4.5 Lakhs to ₹13.0 Lakhs per year
4 years	₹5.0 Lakhs to ₹12.0 Lakhs per year
5 years	₹5.2 Lakhs to ₹15.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
HSBC Software Development Salaries >
HSBC Software Development Softwaretest Engineer Salaries

HSBC Software Development Softwaretest Engineer salary in India ranges between ₹4.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 33 HSBC Software Development latest salaries received from various employees of HSBC Software Development.