Bank of America Chennai Analyst 1 Salaries by 30+ Employees (Updated 2025)

5 - 10 years exp.

₹10 Lakhs - ₹23 Lakhs

Salary of majority employees

121% more than the average Analyst 1 Salary in Banking Companies for 5 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Engineering - Software & QA Analyst 1 Salary 5 - 10 years exp. (10 salaries)	₹10.8 L/yr - ₹23 L/yr
IT & Information Security Analyst 1 Salary 6 - 10 years exp. (6 salaries)	₹11.4 L/yr - ₹17.8 L/yr
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Project & Program Management Analyst 1 Salary 7 - 10 years exp. (5 salaries)	₹11.8 L/yr - ₹15 L/yr
BFSI, Investments & Trading Analyst 1 Salary 7 - 10 years exp. (AmbitionBox Estimate)	₹13.9 L/yr - ₹15 L/yr
Engineering - Hardware & Networks Analyst 1 Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹16.3 L/yr

View all

Last Updated: 21 Mar 2025

Companies similar to Bank of America for Analyst 1 in Chennai

Bank of America Analyst 1 Salary

5 - 10 years exp. (30 salaries)

₹10 L/yr - ₹23 L/yr

Company name	Avg Annual Salary	Open Jobs
NatWest Group Analyst 1 Salary 1 - 3 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 71% less
HCLTech Analyst 1 Salary 1 - 4 years exp. (39 salaries)	₹2.4 L/yr - ₹5.5 L/yr 75% less
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BA Continuum Analyst 1 Salary 6 - 11 years exp. (25 salaries)	₹7.5 L/yr - ₹18 L/yr 9% less
APL Logistics Analyst 1 Salary 1 - 7 years exp. (11 salaries)	₹3.5 L/yr - ₹4.4 L/yr 72% less
Accenture Analyst 1 Salary 3 - 9 years exp. (11 salaries)	₹4.3 L/yr - ₹11.1 L/yr 55% less

Analyst 1 salary at Bank of America ranges between ₹10 Lakhs to ₹23 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 30 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Analyst 1 salaries in Chennai

Last Updated: 21 Mar 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
6 years (4 salaries)	₹11 L/yr - ₹17 L/yr
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7 years (9 salaries)	₹11.8 L/yr - ₹17 L/yr
8 years (8 salaries)	₹10.8 L/yr - ₹17 L/yr
9 years (AmbitionBox Estimate)	₹14.4 L/yr - ₹18.4 L/yr
10 years (6 salaries)	₹14.2 L/yr - ₹23 L/yr

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From

Analyst 1

₹

Lakhs/yr

5 - 10 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Analyst 1

5 - 10 years exp.

Senior Analyst

4 - 15 years exp.

57% hike

Analyst Lead

8 - 15 years exp.

-12% hike

From

View 1 more level

Analyst 1

5 - 10 years exp.

Software Engineer III

9 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bank of America

Senior Analyst Salary

(188 salaries)

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Analyst Salary

(152 salaries)

₹7.91 L/yr - ₹22.5 L/yr

Business Analyst Salary

(19 salaries)

₹8.2 L/yr - ₹22.88 L/yr

Top skills at Bank of America for Analyst 1

Risk Management Asset Management Unix Production Support Automation Troubleshooting Linux Business Services Application Support SQL Remedy Oracle CRM Networking Informatica

Salary related reviews for Bank of America

3.8

Rated by 4 employees for salary & benefits

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Mar 2025

1.0

for Salary and Benefits

Likes

...e was good but now India Mumbai site leadership gang just exploiting employee...for their bonus and promotion..they are paying less to employees and keeping all the money in their pockets

Dislikes

Office politics. you can't grow if you are not part of gang ...old employee are forced to leave the company as now they are good for nothing for leadership team.....all the leaders got promotion because of old employees hard work but now they forgot everything and they are making their life miserable

Salary - Bad

+4 more

Assistant Vice President in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

+4 more

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Skill development - Bad

+4 more

Assistant Vice President in Chennai

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Aug 2023

4.0

for Salary and Benefits

Likes

Good Salary, work life balance.

Salary - Good

+4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

Job security - Excellent

+1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

Skill development - Poor

+2 more

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of America Analyst 1 Salary FAQs

What is the salary of Analyst 1 at Bank of America in Chennai?

The average salary of a Analyst 1 at Bank of America in Chennai typically ranges from ₹10.0 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 5 years to 10 years).

The top 10% of Analyst 1 in Chennai at Bank of America earn more than ₹17.4 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Analyst 1 Salaries at Bank of America 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+ Bank of America employees in India.

What is the estimated take home salary of a Analyst 1 at Bank of America in Chennai?

The estimated take-home salary of a Analyst 1 at Bank of America in Chennai typically ranges from ₹1,00,583 to ₹1,03,323 per month. This is based on the average salary range of ₹10.0 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 5 years to 10 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 Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Analyst 1 at Bank of America in Chennai?

To be a Analyst 1 at Bank of America in Chennai, the key skills required include:

- Risk Management
- Asset Management
- Unix
- Production Support
- Automation

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.

What is the salary of a Analyst 1 in companies similar to Bank of America in Chennai?

The salary of a Analyst 1 at companies similar to Bank of America in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BA Continuum	₹7.5 Lakhs to ₹18.0 Lakhs per year
Accenture	₹4.3 Lakhs to ₹11.1 Lakhs per year
NatWest Group	₹4.0 Lakhs to ₹4.5 Lakhs per year
APL Logistics	₹3.5 Lakhs to ₹4.4 Lakhs per year
HCLTech	₹2.4 Lakhs to ₹5.5 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 Analyst 1 at Bank of America in Chennai?

The salary growth for a Analyst 1 at Bank of America in Chennai depends on factors such as experience, performance, and promotions. On average, a Analyst 1 in Chennai can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
5 years	₹10.8 Lakhs to ₹13.8 Lakhs per year
6 years	₹11.0 Lakhs to ₹17.0 Lakhs per year
7 years	₹11.8 Lakhs to ₹17.0 Lakhs per year
8 years	₹10.8 Lakhs to ₹17.0 Lakhs per year

and so on.

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Bank of America Analyst 1 Salaries in Chennai

Bank of America Analyst 1 salary in Chennai ranges between ₹10 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Bank of America latest salaries received from various employees of Bank of America.