I’m currently working in Citi as an AVP in Mumbai for the past 9 months.. due to personal reasons I wanted to move back to Pune (I have worked in Pune for last 8 years before coming to Citi) so I landed up with an offer from HSBC into Wholesale IT (GCB5).

My current Fixed CTC in Citi is 26.5 excluding PF and Retrials and HSBC IT has offered me 30.5 for the same and said they cannot increase further as am moving jobs in after 9 months which is too early..

Questions -
Have I been low balled?

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Posting as :
works at
You are currently posting as works at

Best way to know if you have been low balled is by getting yet another offer .. 😉 all the best.

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Your total years of experience ?

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Yes all fixed infact it also excludes my Retirals like PF, else it’s 33.5

You should get atleast 36

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Lowballed ? No. Pune's cost of living is low. Unless you disclose your yoe, no one can confirm if you are lowballed

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Then yes you are lowballed. 35 fix in Pune is what you should get

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Well of I just consider the salary and nothing else. The new company shouldn't bother with when you changed jobs, they either give you what you ask or not.
This is a really pathetic answer for asking a higher salary.
Atleast get a 34 fixed. Stay firm. Don't show your desperation.

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Hsbc has much better bonus.. almost 3-4 lakhs whereas citi will only be round 1 lakh..take this into consideration

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No..it isn't mentioned but based on inputs by lot of ppl

Less stress in Hsbc compared to Citi. And better bonus too. Have worked at both and have some colleagues at both.

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Amazing.. what’s the % of bonus to expect?

Yes

40 fixed atleast

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