HSBC Group Branch Manager Salaries by 7 Employees (Updated 2024)

Avg. annual salary

₹11.4 Lakhs

(₹9.3 L/yr - ₹15.4 L/yr)

Low Confidence

Monthly in-hand salary

₹ 81,120 - ₹ 83,234

29% more than the average Branch Manager Salary in Banking Companies for 1 - 12 years of experience

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Last Updated: 7 Jun 2023

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Companies similar to HSBC Group for Branch Manager

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Branch Manager Salary 11 - 17 years exp. (44 salaries)	₹24.9 Lakhs ₹12.3 L/yr - ₹36.2 L/yr 120% more
Citibank Branch Manager Salary 0 - 20 years exp. (7 salaries)	₹21.5 Lakhs ₹8.8 L/yr - ₹34.4 L/yr 89% more
ICICI Bank Branch Manager Salary 4 - 21 years exp. (2.5k salaries)	₹12.7 Lakhs ₹5.2 L/yr - ₹22 L/yr 12% more
Axis Bank Branch Manager Salary 8 - 22 years exp. (403 salaries)	₹14.9 Lakhs ₹6.3 L/yr - ₹26 L/yr 31% more	1 job opening
HDFC Bank Branch Manager Salary 5 - 23 years exp. (1.7k salaries)	₹14.5 Lakhs ₹6.4 L/yr - ₹26 L/yr 27% more	5 job openings
State Bank of India Branch Manager Salary 5 - 16 years exp. (307 salaries)	₹17.7 Lakhs ₹7.3 L/yr - ₹30 L/yr 56% more
Kotak Mahindra Bank Branch Manager Salary 5 - 21 years exp. (1.1k salaries)	₹15.6 Lakhs ₹6.3 L/yr - ₹25.6 L/yr 37% more	7 job openings
IndusInd Bank Branch Manager Salary 6 - 20 years exp. (959 salaries)	₹12.7 Lakhs ₹5.7 L/yr - ₹22.6 L/yr 12% more	3 job openings
Yes Bank Branch Manager Salary 7 - 19 years exp. (560 salaries)	₹14.6 Lakhs ₹6.5 L/yr - ₹23.4 L/yr 29% more	2 job openings
RBL Bank Branch Manager Salary 10 - 21 years exp. (321 salaries)	₹16.4 Lakhs ₹7.4 L/yr - ₹28.5 L/yr 44% more	6 job openings
IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (739 salaries)	₹15.1 Lakhs ₹6.9 L/yr - ₹26 L/yr 33% more	1 job opening
Equitas Small Finance Bank Branch Manager Salary 5 - 18 years exp. (275 salaries)	₹9 Lakhs ₹4 L/yr - ₹15 L/yr 21% less	5 job openings
Ujjivan Small Finance Bank Branch Manager Salary 7 - 16 years exp. (323 salaries)	₹9.1 Lakhs ₹4.3 L/yr - ₹14 L/yr 20% less
AU Small Finance Bank Branch Manager Salary 5 - 18 years exp. (329 salaries)	₹12.7 Lakhs ₹5.4 L/yr - ₹21.3 L/yr 12% more
Utkarsh Small Finance Bank Branch Manager Salary 5 - 15 years exp. (247 salaries)	₹8.2 Lakhs ₹3.2 L/yr - ₹13.3 L/yr 28% less
Jana Small Finance Bank Branch Manager Salary 6 - 15 years exp. (285 salaries)	₹8.1 Lakhs ₹4.2 L/yr - ₹13.9 L/yr 28% less	5 job openings
Fincare Small Finance Bank Branch Manager Salary 3 - 14 years exp. (184 salaries)	₹5 Lakhs ₹1.5 L/yr - ₹9.1 L/yr 56% less
DBS Bank Branch Manager Salary 7 - 17 years exp. (175 salaries)	₹13.1 Lakhs ₹5.6 L/yr - ₹22 L/yr 15% more
Canara Bank Branch Manager Salary 6 - 13 years exp. (140 salaries)	₹13.6 Lakhs ₹6 L/yr - ₹21 L/yr 20% more
Bank of Baroda Branch Manager Salary 6 - 15 years exp. (153 salaries)	₹16 Lakhs ₹7 L/yr - ₹25 L/yr 41% more

View all

Average HSBC Group Branch Manager salary in India is ₹11.4 Lakhs per year for employees with experience between 1 year to 12 years. Branch Manager salary at HSBC Group ranges between ₹9.3 Lakhs to ₹15.4 Lakhs per year. Salary estimates are based on 7 latest salaries received from various employees of HSBC Group.

Latest annual salaries shared by HSBC Group Branch Manager

11mo ago

₹11.3 Lakhs

10 years exp.

1y ago

₹9.3 Lakhs

9 years exp.

1y ago

₹15 Lakhs

1 year exp.

1y ago

₹11.3 Lakhs

5 years exp.

1y ago

₹15.4 Lakhs

2 years exp.

1y ago

₹10.5 Lakhs

7 years exp.

1y ago

₹10.6 Lakhs

12 years exp.

Experience wise HSBC Group Branch Manager salaries

Last Updated: 7 Jun 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹13.1 Lakhs (₹5.2 L/yr - ₹15 L/yr)
2 years (AmbitionBox Estimate)	₹12.7 Lakhs (₹5.1 L/yr - ₹15.4 L/yr)
3 years (AmbitionBox Estimate)	₹12.4 Lakhs (₹11.2 L/yr - ₹14.3 L/yr)
4 years (AmbitionBox Estimate)	₹12.1 Lakhs (₹10.9 L/yr - ₹13.9 L/yr)
5 years (AmbitionBox Estimate)	₹11.8 Lakhs (₹11.3 L/yr - ₹21.3 L/yr)
6 years (AmbitionBox Estimate)	₹11.5 Lakhs (₹10.4 L/yr - ₹13.2 L/yr)
7 years (AmbitionBox Estimate)	₹11.2 Lakhs (₹10.5 L/yr - ₹20.2 L/yr)
8 years (AmbitionBox Estimate)	₹10.9 Lakhs (₹9.8 L/yr - ₹12.5 L/yr)
9 years (AmbitionBox Estimate)	₹10.6 Lakhs (₹9.3 L/yr - ₹19.1 L/yr)
10 years (AmbitionBox Estimate)	₹10.3 Lakhs (₹4.1 L/yr - ₹11.3 L/yr)
11 years (AmbitionBox Estimate)	₹10 Lakhs (₹9 L/yr - ₹11.5 L/yr)
12 years (AmbitionBox Estimate)	₹9.7 Lakhs (₹3.9 L/yr - ₹10.6 L/yr)

View all

Similar Designation salaries in HSBC Group

Area Manager Salary

(AmbitionBox Estimate)

₹16.6 Lakhs

₹14.5 L/yr - ₹18.5 L/yr

Credit Manager Salary

(37 salaries)

₹10.6 Lakhs

₹4.6 L/yr - ₹19.14 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹8.3 Lakhs

₹7.5 L/yr - ₹9.5 L/yr

Branch Incharge Salary

(AmbitionBox Estimate)

₹15.5 Lakhs

₹13.5 L/yr - ₹17.3 L/yr

Branch Head Salary

(4 salaries)

₹36.8 Lakhs

₹25 L/yr - ₹45.2 L/yr

Deputy Manager Salary

(17 salaries)

₹9.8 Lakhs

₹4.5 L/yr - ₹10.2 L/yr

Chief Manager Salary

(AmbitionBox Estimate)

₹18.0 Lakhs

₹15.8 L/yr - ₹20.1 L/yr

Branch Sales Manager Salary

(AmbitionBox Estimate)

₹8.2 Lakhs

₹7.2 L/yr - ₹9.2 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹105.1 Lakhs

₹96.9 L/yr - ₹107.1 L/yr

Deputy Branch Manager Salary

(AmbitionBox Estimate)

₹15.9 Lakhs

₹13.9 L/yr - ₹17.7 L/yr

Salary related reviews for HSBC Group

Assistant Vice President in Bangalore / Bengaluru

Full Time

BFSI, Investments & Trading Department

5.0

posted on 11 Aug 2024

3.0 for Salary and Benefits

Likes

Good work life balance. Provides global financial experience and outlook. Quality of work can vary depending on the team. There are teams with really mundane work where others have high quality work. Liberal respectful culture.

Dislikes

Nothing to dislike very much. But salary is typically just about median in many cases lower vs the industry. Designation and salary growth is typically slow.

Assistant Vice President in Hyderabad / Secunderabad

Full Time

Legal & Regulatory Department

4.0

posted on 03 Aug 2023

4.0 for Salary and Benefits

Likes

The best employees friendly organization in the industry. Ample opportunities offered by HSBC to learn from different platforms. Encouraging and motivating work culture leading to sound work-life balance.

Dislikes

Can match the competitors in terms if remuneration and overall fixed and variable pay.

Assistant Vice President in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

posted on 26 Apr 2023

3.0 for Salary and Benefits

Likes

- Work Life balance is unmatched - Non monetary perks - Hybrid and Flexible working hours - Health policy for self and parents. For parents it's paid but premiums much lesser than in the market - Ample growth opportunities - Career progression is kind of automatic - Reputable designations are given

Dislikes

- Salary hikes and monetary perks are on the lower side. As you spend more than 5-7 year's you kind of hit a wall - Lack of leadership roles

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

4.0

posted on 11 Apr 2023

3.0 for Salary and Benefits

Likes

Great learning opportunities at work. Good job satisfaction and opportunity to explore a lot of models for development and validation

Dislikes

Poor hikes and appraisals. Pay not matched up to the market standards

Assistant Vice President in Bangalore / Bengaluru

Full Time

Data Science & Analytics Department

3.0

posted on 20 Apr 2022

2.0 for Salary and Benefits

Likes

The company provides lots of avenues for training . Colleagues respect /support each other in work with good work life balance

Dislikes

1. Compensation and benefits 2. Complex org structure 3. Could be more dynamic

see more salary related reviews

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HSBC Group Branch Manager Salary FAQs

What is the salary of Branch Manager at HSBC Group?

Average HSBC Group Branch Manager salary in India is ₹11.4 Lakhs for experience between 1 years to 12 years. Branch Manager salary at HSBC Group India ranges between ₹9.3 Lakhs to ₹15.4 Lakhs. According to our estimates it is 29% more than the average Branch Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of HSBC Group India.

How does the salary of a Branch Manager at HSBC Group India compare with the average salary range for this job?

The average salary of a Branch Manager at HSBC Group is ₹11.4 Lakhs per year which is 29% more than average salary of a Branch Manager in India which receives a salary of ₹8.8 Lakhs per year.

Which similar companies are paying more than HSBC Group to a Branch Manager in India?

Standard Chartered Branch Manager Salary - 24.9 Lakhs per year
Citibank Branch Manager Salary - 21.5 Lakhs per year
State Bank of India Branch Manager Salary - 17.7 Lakhs per year
Deutsche Bank Branch Manager Salary - 16.5 Lakhs per year
RBL Bank Branch Manager Salary - 16.4 Lakhs per year

What is the salary of a Branch Manager in companies similar to HSBC Group in India?

Bank of Baroda Branch Manager Salary - 16.0 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - 15.6 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - 15.1 Lakhs per year
Axis Bank Branch Manager Salary - 14.9 Lakhs per year
Yes Bank Branch Manager Salary - 14.6 Lakhs per year

What is the estimated take home salary of a Branch Manager at HSBC Group in India?

The estimated take home salary of a Branch Manager at HSBC Group ranges between ₹81,120 per month to ₹83,234 per month in India. The take home salary calculation is based on the average HSBC Group Branch Manager salary in India which is ₹11.4 Lakhs per year for employees with experience between 1 years to 12 years Check how did we calculate take home salary?

What is the notice period for Branch Manager at HSBC Group?

According to AmbitionBox, 75% of the HSBC Group Branch Managers reported a notice period of 3 Months, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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HSBC Group Branch Manager Salaries

HSBC Group Branch Manager salary in India ranges between ₹9.3 Lakhs to ₹15.4 Lakhs with an average annual salary of ₹11.4 Lakhs. Salary estimates are based on 7 HSBC Group latest salaries received from various employees of HSBC Group.

HSBC Group Branch Manager salaries in India with 1 - 12 years exp.

Companies similar to HSBC Group for Branch Manager

Latest annual salaries shared by HSBC Group Branch Manager

Experience wise HSBC Group Branch Manager salaries

Similar Designation salaries in HSBC Group

Salary related reviews for HSBC Group

Assistant Vice President in Bangalore / Bengaluru

Assistant Vice President in Hyderabad / Secunderabad

Assistant Vice President in Gurgaon / Gurugram

Assistant Vice President in Bangalore / Bengaluru

Assistant Vice President in Bangalore / Bengaluru

HSBC Group Branch Manager Salary FAQs

Tell us how to improve this page.