HSBC Software Development Pune System Engineer Salaries by 5 Employees

3 - 7 years exp.

₹5.7 Lakhs - ₹7.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

18% more than the average System Engineer Salary in Software Product Companies for 3 - 7 years of experience

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Salaries in different departments

Engineering - Hardware & Networks System Engineer Salary 3 - 6 years exp. (4 salaries)	₹5.6 L/yr - ₹7.3 L/yr
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Engineering - Software & QA System Engineer Salary 7 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.6 L/yr

Last Updated: 15 Mar 2023

Companies similar to HSBC Software Development for System Engineer in Pune

HSBC Software Development System Engineer Salary

3 - 7 years exp. (5 salaries)

₹5.7 L/yr - ₹7.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Persistent Systems System Engineer Salary 0 - 6 years exp. (88 salaries)	₹1.5 L/yr - ₹6.5 L/yr 47% less
Siemens System Engineer Salary 1 - 13 years exp. (87 salaries)	₹5 L/yr - ₹18.4 L/yr 88% more	2 job openings
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FIS System Engineer Salary 2 - 8 years exp. (66 salaries)	₹3.2 L/yr - ₹11.2 L/yr 1% more
Accenture System Engineer Salary 2 - 6 years exp. (31 salaries)	₹4.8 L/yr - ₹11 L/yr 33% more	4 job openings
Sterlite Technologies System Engineer Salary 1 - 5 years exp. (24 salaries)	₹3.7 L/yr - ₹7.7 L/yr 12% less
Capgemini System Engineer Salary 1 - 7 years exp. (19 salaries)	₹4 L/yr - ₹13.1 L/yr 19% more	1 job opening
Concentrix Corporation System Engineer Salary 2 - 7 years exp. (15 salaries)	₹4.3 L/yr - ₹8 L/yr 18% less
Tata Elxsi System Engineer Salary 0 - 4 years exp. (14 salaries)	₹3.5 L/yr - ₹8 L/yr 22% less
Fujitsu System Engineer Salary 2 - 8 years exp. (12 salaries)	₹4 L/yr - ₹12.9 L/yr 2% more
HCLTech System Engineer Salary 2 - 7 years exp. (10 salaries)	₹3 L/yr - ₹12 L/yr 17% more
Xoriant System Engineer Salary 3 - 6 years exp. (8 salaries)	₹3 L/yr - ₹8.2 L/yr 16% less
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Coforge System Engineer Salary 1 - 5 years exp. (5 salaries)	₹2.7 L/yr - ₹3.5 L/yr 52% less	5 job openings
Infinite Computer Solutions System Engineer Salary 4 - 6 years exp. (4 salaries)	₹4.5 L/yr - ₹5 L/yr 27% less	2 job openings
Amazon System Engineer Salary 3 - 6 years exp. (3 salaries)	₹8.4 L/yr - ₹9.8 L/yr 37% more

System Engineer salary at HSBC Software Development ranges between ₹5.7 Lakhs to ₹7.6 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of HSBC Software Development.

Experience wise HSBC Software Development System Engineer salaries in Pune

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.2 L/yr
4 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
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5 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹7.9 L/yr
6 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
7 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr

Similar Designation salaries in HSBC Software Development

Senior Software Engineer Salary

(1.1k salaries)

₹7.5 L/yr - ₹28 L/yr

Software Engineer Salary

(548 salaries)

₹4.55 L/yr - ₹16.45 L/yr

Team Lead Salary

(36 salaries)

₹11.8 L/yr - ₹24 L/yr

Java Developer Salary

(3 salaries)

₹4.9 L/yr - ₹12.1 L/yr

Salary related reviews for HSBC Software Development

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

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

89 participants . expiring in 2d

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HSBC Software Development System Engineer Salary FAQs

What is the salary of System Engineer at HSBC Software Development in Pune?

The average salary of a System Engineer at HSBC Software Development in Pune typically ranges from ₹5.7 Lakhs to ₹7.6 Lakhs per year, depending on experience (from 3 years to 7 years).

The top 10% of System Engineer in Pune at HSBC Software Development earn more than ₹7.6 Lakhs per year, and the top 1% earn over ₹7.6 Lakhs per year. System 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 5 HSBC Software Development employees in India.

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

The estimated take-home salary of a System Engineer at HSBC Software Development in Pune typically ranges from ₹49,966 to ₹51,146 per month. This is based on the average salary range of ₹5.7 Lakhs to ₹7.6 Lakhs per year for employees with experience ranging from 3 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 5 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 System Engineer in India?

Siemens	₹5.0 Lakhs to ₹18.4 Lakhs per year
Amazon	₹8.4 Lakhs to ₹9.8 Lakhs per year
Accenture	₹4.8 Lakhs to ₹11.0 Lakhs per year
Capgemini	₹4.0 Lakhs to ₹13.1 Lakhs per year
HCLTech	₹3.0 Lakhs to ₹12.0 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 System Engineer in companies similar to HSBC Software Development in Pune?

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

Fujitsu	₹4.0 Lakhs to ₹12.9 Lakhs per year
FIS	₹3.2 Lakhs to ₹11.2 Lakhs per year
Sterlite Technologies	₹3.7 Lakhs to ₹7.7 Lakhs per year
Xoriant	₹3.0 Lakhs to ₹8.2 Lakhs per year
Concentrix Corporation	₹4.3 Lakhs to ₹8.0 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 System Engineer at HSBC Software Development in Pune?

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

Experience	Average Salary Range
3 years	₹5.6 Lakhs to ₹7.2 Lakhs per year
4 years	₹5.9 Lakhs to ₹7.5 Lakhs per year
5 years	₹6.2 Lakhs to ₹7.9 Lakhs per year
6 years	₹6.4 Lakhs to ₹8.2 Lakhs per year

and so on.

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HSBC Software Development System Engineer Salaries in Pune

HSBC Software Development System Engineer salary in Pune ranges between ₹5.7 Lakhs to ₹7.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 HSBC Software Development latest salaries received from various employees of HSBC Software Development.