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Bank of America Assistant Manager salaries in India (Updated 2025)

Annual salary range
2 - 18 years exp.
₹7.5 Lakhs - ₹26 Lakhs
Salary of majority employees
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97% more than the average Assistant Manager Salary in Banking Companies for 2 - 18 years of experience

Interested in this particular role? 13 job openings

Salaries in different departments

Finance & Accounting
Assistant Manager Salary
2 - 18 years exp. (469 salaries)
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₹8 L/yr - ₹26 L/yr

BFSI, Investments & Trading
Assistant Manager Salary
2 - 17 years exp. (395 salaries)
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₹7.8 L/yr - ₹25 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
2 - 18 years exp. (316 salaries)
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₹7.5 L/yr - ₹23.1 L/yr

Data Science & Analytics
Assistant Manager Salary
2 - 15 years exp. (209 salaries)
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₹10 L/yr - ₹25 L/yr

Risk Management & Compliance
Assistant Manager Salary
2 - 18 years exp. (74 salaries)
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₹9 L/yr - ₹24.3 L/yr

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Last Updated: 19 Mar 2025

Companies similar to Bank of America for Assistant Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (10.1k salaries)

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₹1.8 L/yr - ₹6 L/yr

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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (9.4k salaries)

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₹1.7 L/yr - ₹7.3 L/yr

arrow icon 77% less
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Yes Bank Assistant Manager Salary

0 - 10 years exp. (3.4k salaries)

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₹2 L/yr - ₹6.7 L/yr

arrow icon 73% less
1 job opening
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IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (2.3k salaries)

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₹1.5 L/yr - ₹6.3 L/yr

arrow icon 77% less
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IDFC FIRST Bank Assistant Manager Salary

0 - 11 years exp. (1.6k salaries)

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₹2.1 L/yr - ₹7.1 L/yr

arrow icon 71% less
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RBL Bank Assistant Manager Salary

0 - 10 years exp. (1.3k salaries)

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₹2 L/yr - ₹7 L/yr

arrow icon 75% less
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AU Small Finance Bank Assistant Manager Salary

0 - 12 years exp. (1.3k salaries)

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₹1.8 L/yr - ₹8.4 L/yr

arrow icon 72% less
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₹4.3 L/yr - ₹14 L/yr

arrow icon 47% less
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Barclays Assistant Manager Salary

2 - 15 years exp. (1k salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 11% less
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Standard Chartered Assistant Manager Salary

2 - 18 years exp. (900 salaries)

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₹5.4 L/yr - ₹18 L/yr

arrow icon 29% less
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Assistant Manager salary at Bank of America ranges between ₹7.5 Lakhs to ₹26 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 1.9k latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Assistant Manager

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Experience wise Bank of America Assistant Manager salaries

Last Updated: 19 Mar 2025

Experience Avg Annual Salary
2 years  (46 salaries)

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₹13 L/yr - ₹23 L/yr
3 years  (99 salaries)

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₹11.7 L/yr - ₹24.3 L/yr
4 years  (112 salaries)

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₹10 L/yr - ₹25 L/yr
5 years  (116 salaries)

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₹9.5 L/yr - ₹25 L/yr
6 years  (102 salaries)

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₹9.2 L/yr - ₹26 L/yr
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Bank of America Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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2 - 18 years exp.

Vice President

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14 - 25 years exp.

Assistant Manager

2 - 18 years exp.
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Manager

5 - 18 years exp.
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arrow icon 51% hike

Senior Manager

7 - 18 years exp.
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arrow icon 34% hike
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

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₹11.4 L/yr - ₹13.1 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr
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₹9.7 L/yr - ₹29.56 L/yr
Team Manager Salary
(40 salaries)
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₹12 L/yr - ₹29.59 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹10.6 L/yr - ₹13.6 L/yr
Branch Manager Salary
(AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.7 L/yr
Deputy Manager Salary
(4 salaries)
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₹7 L/yr - ₹20.17 L/yr
Sales Manager Salary
(5 salaries)
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₹5.4 L/yr - ₹15.5 L/yr
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₹4.83 L/yr - ₹12 L/yr
Senior Officer Salary
(6 salaries)
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₹4.89 L/yr - ₹18 L/yr

Top skills at Bank of America for Assistant Manager

Risk Management Asset Management Analytics Business Services Talent Acquisition

Salary related reviews for Bank of America

3.8

Rated by 166 employees for salary & benefits

Full Time

 · 

Data Science & Analytics Department

2.0
  •  posted on 13 Apr 2022

4.0
 for  Salary and Benefits

Likes

...BER: It's not bank, India setup is subsidiary which has nothing to do with Bank. You will like a call center guy, but with different work(technical) and with okaish pay. Why I compare with call centre? Because you have to sit for 9 hours straight, managers are super not so cool. Micro Management is something which i always hated. And you have to sit at odd timings, 12:30 to 9:30. Friday's will be busy. Wondering why? How? Because Americans would finish their work meetings before 12 or 2pm and for us that would be 6pm onwards till 9:30. These people are decent enough to not make you work beyond your shift, but guess what, India has highest number of working hours. US peeps works 40 hours. Australians 38 hours and Indians 45 hours. And guess who gets paid more or who gets better facilities? If you are still confused or new to corporate then answer will be US. india in all offices will have the least benefits. That's how they save millions of dollars by employing Indians. I'm exhausted. These people says we thrive on social connections, interaction with clients, teams, etc. True, absolutely true, but atleast see it countrywise or department wise. India has 0 (aryabhatta level) of interaction with clients, yet we thrive. India can thrive on wfh with 1/4th of pay as against US peer.

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  • Salary - Good
  • +1 more

Dislikes

Everything except pay. Even in today's world if you say using internet you can't socialise , or collaborate with different teams and you need to do it physically, then be my guest and go to office, but don't force others.

read more
  • Skill development - Bad
  • +4 more

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.

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  • 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.

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BFSI, Investments & Trading Department

5.0
  •  posted on 20 Feb 2022

4.0
 for  Salary and Benefits

Likes

Work life balance is super duper great, job security is like govt.job,management is very supportive and company policies are employee friendly.

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  • Salary - Good
  • +6 more

Dislikes

Yearly bonus is very less as compared to other companies of same industry. No gifts on diwali, no monetary reward

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BFSI, Investments & Trading Department

4.0
  •  posted on 12 Oct 2017

3.0
 for  Salary and Benefits

Likes

Mentioned abpve

  • Skill development - Good
  • +3 more

Dislikes

1. Teammates - Colleagues are good. 2. Learning - Company is very good for self development as it provides various trainings on monthly basis. You can enroll yourself with consent of your leaders. 3. Job Security - Highly satisfied but at the same time no personal growth if you get stuck in comfort zone. Salary - Compensation is very less especially for freshers, Also, yearly increment is very less. I would suggest not to join if salary is primary factor other than work life balance and brand name. Politics - You will get it in every company/place. Some processes are highly corrupted. However, some are genuinely good to showcase your skills and get appreciated on your initiatives and skills. Work Environment - Very matured, Work Life Balance - is too good. Very good for females who want to spend years in this company without expecting much. Very flexible

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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

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  • Job security - Good

Dislikes

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

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  • Salary - Poor
  • +4 more
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Bank of America Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Bank of America ?
The average salary of a Assistant Manager at Bank of America in India typically ranges from ₹7.5 Lakhs to ₹26.0 Lakhs per year, depending on experience (from 2 years to 18 years).

The top 10% of Assistant Manager at Bank of America earn more than ₹20.5 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Assistant Manager 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 1900+ Bank of America employees in India.
What is the estimated take home salary of a Assistant Manager at Bank of America in India?
The estimated take-home salary of a Assistant Manager at Bank of America in India typically ranges from ₹1,13,753 to ₹1,16,918 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹26.0 Lakhs per year for employees with experience ranging from 2 years to 18 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 1900+ 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 Assistant Manager at Bank of America ?
To be a Assistant Manager at Bank of America in india, the key skills required include:

  • - Risk Management
  • - Asset Management
  • - Analytics
  • - Business Services
  • - Talent Acquisition

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 Assistant Manager in companies similar to Bank of America in India?
The salary of a Assistant Manager at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays ₹7.0 Lakhs to ₹25.0 Lakhs per year
State Street Bank ₹6.3 Lakhs to ₹20.0 Lakhs per year
State Bank of India ₹5.4 Lakhs to ₹20.0 Lakhs per year
Federal Bank ₹6.0 Lakhs to ₹20.0 Lakhs per year
ANZ Banking Group ₹8.0 Lakhs to ₹18.5 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 Assistant Manager at Bank of America in India?
The salary growth for a Assistant Manager at Bank of America depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
2 years ₹13.0 Lakhs to ₹23.0 Lakhs per year
3 years ₹11.7 Lakhs to ₹24.3 Lakhs per year
4 years ₹10.0 Lakhs to ₹25.0 Lakhs per year
5 years ₹9.5 Lakhs to ₹25.0 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of America Assistant Manager salary in India ranges between ₹7.5 Lakhs to ₹26 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 1.9k Bank of America latest salaries received from various employees of Bank of America.