Bank of America Application Analyst Salaries by 10 Employees (Updated 2025)

4 - 9 years exp.

₹10.7 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

88% more than the average Application Analyst Salary in Banking Companies for 4 - 9 years of experience

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Salaries in different departments

Engineering - Software & QA Application Analyst Salary 4 - 9 years exp. (8 salaries)	₹10.7 L/yr - ₹20 L/yr
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Product Management Application Analyst Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹17.2 L/yr - ₹19 L/yr

Last Updated: 1 Feb 2025

Companies similar to Bank of America for Application Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Application Analyst Salary 2 - 7 years exp. (18 salaries)	₹6.5 L/yr - ₹14 L/yr 40% less
Wells Fargo Application Analyst Salary 3 - 8 years exp. (19 salaries)	₹4.3 L/yr - ₹13.3 L/yr 53% less
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UBS Application Analyst Salary 5 - 10 years exp. (3 salaries)	₹8.6 L/yr - ₹26 L/yr 18% more
NatWest Group Application Analyst Salary 4 - 13 years exp. (4 salaries)	₹8.7 L/yr - ₹16 L/yr 16% less
Barclays Application Analyst Salary 1 - 9 years exp. (3 salaries)	₹6.3 L/yr - ₹17 L/yr 30% less

Application Analyst salary at Bank of America ranges between ₹10.7 Lakhs to ₹20 Lakhs per year for employees with experience between 4 years to 9 years. Salary estimates are based on 10 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Application Analyst salaries

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹15 L/yr - ₹30.8 L/yr
5 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹30.9 L/yr
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6 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹20 L/yr
7 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
8 years (3 salaries)	₹13.1 L/yr - ₹20 L/yr
9 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹17.5 L/yr

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Top skills at Bank of America for Application Analyst

Due Diligence Networking ISO 27001 Administration Analytical skills Operational Excellence Risk Management Cisa Security operations Logistics

Salary related reviews for Bank of America

3.0

Rated by 2 employees for salary & benefits

Software Developer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

Salary - Excellent

+1 more

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Salary - Good

+5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

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.

Salary - Good

+6 more

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.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

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YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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Bank of America Application Analyst Salary FAQs

What is the salary of Application Analyst at Bank of America?

Application Analyst salary at Bank of America in India ranges between ₹10.7 Lakhs to ₹20.0 Lakhs for experience between 4 years to 9 years. According to our estimates it is 88% more than the average Application Analyst Salary in India. Salary estimates are based on 10 latest salaries received from various employees of Bank of America India.

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

The average salary of a Application Analyst at Bank of America is 88% more than the average salary of a Application Analyst in India. To know exact salary insights, login to view.

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

Due Diligence, Networking, ISO 27001, Administration and Analytical skills are some of the popular skills required to work as a Application Analyst at Bank of America India.

Which similar companies are paying more than Bank of America to a Application Analyst in India?

UBS Application Analyst Salary - ₹8.6 Lakhs to ₹26.0 Lakhs per year

What is the salary of a Application Analyst in companies similar to Bank of America in India?

NatWest Group Application Analyst Salary - ₹8.7 Lakhs to ₹16.0 Lakhs per year
Barclays Application Analyst Salary - ₹6.3 Lakhs to ₹17.0 Lakhs per year
JPMorgan Chase & Co. Application Analyst Salary - ₹6.5 Lakhs to ₹14.0 Lakhs per year
Wells Fargo Application Analyst Salary - ₹4.3 Lakhs to ₹13.3 Lakhs per year

What is the estimated take home salary of a Application Analyst at Bank of America in India?

The estimated take-home salary of a Application Analyst at Bank of America ranges between ₹1,16,356 per month to ₹1,19,606 per month in India. The take-home salary calculation is based on the average Bank of America Application Analyst salary in India which ranges between ₹10.7 Lakhs to ₹20.0 Lakhs per year for employees with experience between 4 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Application Analyst at Bank of America?

According to AmbitionBox, 100% of the Bank of America Application Analysts reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Bank of America Application Analyst Salaries

Bank of America Application Analyst salary in India ranges between ₹10.7 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bank of America latest salaries received from various employees of Bank of America.