Bank of America Chennai Analyst 1 Salaries by 30+ Employees (Updated 2024)

5 - 10 years exp.

₹10 Lakhs - ₹19.3 Lakhs

Salary of majority employees

116% more than the average Analyst 1 Salary in Banking Companies for 5 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA Analyst 1 Salary 5 - 10 years exp. (12 salaries)	₹10.3 L/yr - ₹19.3 L/yr
IT & Information Security Analyst 1 Salary 6 - 10 years exp. (5 salaries)	₹11.4 L/yr - ₹17 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 - ₹15.6 L/yr

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Last Updated: 29 Nov 2024

Companies similar to Bank of America for Analyst 1 in Chennai

Bank of America Analyst 1 Salary

5 - 10 years exp. (31 salaries)

₹10 L/yr - ₹19.3 L/yr

Company name	Avg Annual Salary	Open Jobs
NatWest Group Analyst 1 Salary 1 - 2 years exp. (3 salaries)	₹4 L/yr - ₹4.5 L/yr 71% less
HCLTech Analyst 1 Salary 1 - 4 years exp. (34 salaries)	₹2.4 L/yr - ₹5.3 L/yr 74% less
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BA Continuum Analyst 1 Salary 6 - 11 years exp. (25 salaries)	₹7.5 L/yr - ₹18 L/yr 7% less
Accenture Analyst 1 Salary 3 - 9 years exp. (11 salaries)	₹4.3 L/yr - ₹11.1 L/yr 56% less
HCL Group Analyst 1 Salary 1 - 5 years exp. (10 salaries)	₹2.5 L/yr - ₹6 L/yr 71% less

Analyst 1 salary at Bank of America ranges between ₹10 Lakhs to ₹19.3 Lakhs per year for employees with experience between 5 years to 10 years. Salary estimates are based on 31 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Analyst 1 salaries in Chennai

Last Updated: 29 Nov 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹4.9 L/yr - ₹12.5 L/yr
6 years (3 salaries)	₹11 L/yr - ₹17 L/yr
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7 years (10 salaries)	₹11.8 L/yr - ₹17 L/yr
8 years (9 salaries)	₹10.8 L/yr - ₹17 L/yr
9 years (4 salaries)	₹10 L/yr - ₹27.8 L/yr
10 years (4 salaries)	₹14.2 L/yr - ₹19.3 L/yr

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Similar Designation salaries in Bank of America

Senior Analyst Salary

(196 salaries)

₹8.5 L/yr - ₹30 L/yr

Analyst Salary

(164 salaries)

₹6.5 L/yr - ₹22.5 L/yr

Business Analyst Salary

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₹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

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

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

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.

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.

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.

Team Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

Assistant Vice President in Singapore.

Customer Success, Service & Operations Department

5.0

• posted on 13 Oct 2022

5.0

for Salary and Benefits

Likes

-Nice Bank Culture -Great work life balance -Wide learning (self effort) -Market wise good salary and benefits are probably best in the industry.

Dislikes

-Sometime management trust unworthy mid/low level managers

see more salary related reviews

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What people are saying about Bank of America

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cleanhakuna

6d (edited)

student at

Institute of Management Nirma University, Ahmedabad

Career advise for early years

Hi folks!! Want one advise for my early years in corporate. I am 23 yrs old and I am working in BofA for couple of years now and this is my first job. I have deep interest and skills to excel in core finance role (investment management) but the role at BofA is completely unrelated to it. To prove my metal, I have cleared CFA level 1&2 in my first attempt with top percentile (+MBA) but kind of stuck for right opportunity. Can anyone advise how should I approach to making a shift to my desired work (asset mgt)?

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Bank of America Analyst 1 Salary FAQs

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

Analyst 1 salary at Bank of America in Chennai ranges between ₹10.0 Lakhs to ₹19.3 Lakhs for experience between 5 years to 10 years. According to our estimates it is 116% more than the average Analyst 1 Salary in India. Salary estimates are based on 31 latest salaries received from various employees of Bank of America Chennai.

How does the salary of a Analyst 1 at Bank of America Chennai compare with the average salary range for this job?

The average salary of a Analyst 1 at Bank of America is 116% more than the average salary of a Analyst 1 in Chennai. To know exact salary insights, login to view.

What are the top skills required to work as a Analyst 1 at Bank of America?

Risk Management, Asset Management, Unix, Production Support and Automation are some of the popular skills required to work as a Analyst 1 at Bank of America Chennai.

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

BA Continuum Analyst 1 Salary - ₹7.5 Lakhs to ₹18.0 Lakhs per year
Accenture Analyst 1 Salary - ₹4.3 Lakhs to ₹11.1 Lakhs per year
NatWest Group Analyst 1 Salary - ₹4.0 Lakhs to ₹4.5 Lakhs per year
HCL Group Analyst 1 Salary - ₹2.5 Lakhs to ₹6.0 Lakhs per year
HCLTech Analyst 1 Salary - ₹2.4 Lakhs to ₹5.3 Lakhs per year

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 ranges between ₹98,785 per month to ₹1,01,468 per month in Chennai. The take-home salary calculation is based on the average Bank of America Analyst 1 salary in India which ranges between ₹10.0 Lakhs to ₹19.3 Lakhs per year for employees with experience between 5 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Analyst 1 at Bank of America in Chennai?

According to AmbitionBox, 79% of the Bank of America Analyst 1s in Chennai reported a notice period of 2 Months, 14% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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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 ₹19.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 31 Bank of America latest salaries received from various employees of Bank of America.