Bank of America Assistant Manager 1 Salaries by 5 Employees

3 - 15 years exp.

₹12.2 Lakhs - ₹23 Lakhs

Low Confidence

Salary of majority employees

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280% more than the average Assistant Manager 1 Salary in Banking Companies for 3 - 15 years of experience

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Last Updated: 30 Mar 2024

Companies similar to Bank of America for Assistant Manager 1

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Assistant Manager 1 Salary 0 - 4 years exp. (258 salaries)	Unlock ₹2 L/yr - ₹5 L/yr 80% less
Utkarsh Small Finance Bank Assistant Manager 1 Salary 1 - 6 years exp. (66 salaries)	Unlock ₹2.2 L/yr - ₹5.2 L/yr 78% less
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HDFC Bank Assistant Manager 1 Salary 1 - 6 years exp. (57 salaries)	Unlock ₹2.5 L/yr - ₹4.5 L/yr 80% less
Equitas Small Finance Bank Assistant Manager 1 Salary 0 - 10 years exp. (31 salaries)	Unlock ₹2.5 L/yr - ₹4.6 L/yr 81% less
Yes Bank Assistant Manager 1 Salary 2 - 5 years exp. (8 salaries)	Unlock ₹3.2 L/yr - ₹4.8 L/yr 75% less
DCB Bank Assistant Manager 1 Salary 0 - 4 years exp. (8 salaries)	Unlock ₹2.2 L/yr - ₹4 L/yr 83% less
IDBI Bank Assistant Manager 1 Salary 0 - 7 years exp. (7 salaries)	Unlock ₹3.7 L/yr - ₹15 L/yr 48% less
IDFC FIRST Bank Assistant Manager 1 Salary 2 - 7 years exp. (7 salaries)	Unlock ₹3.1 L/yr - ₹5.3 L/yr 75% less
RBL Bank Assistant Manager 1 Salary 2 - 8 years exp. (6 salaries)	Unlock ₹3.2 L/yr - ₹3.8 L/yr 80% less
AU Small Finance Bank Assistant Manager 1 Salary 1 - 7 years exp. (6 salaries)	Unlock ₹4.6 L/yr - ₹5.5 L/yr 69% less
Federal Bank Assistant Manager 1 Salary 0 - 9 years exp. (5 salaries)	Unlock ₹7.5 L/yr - ₹12 L/yr 42% less
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State Bank of India Assistant Manager 1 Salary 1 - 6 years exp. (4 salaries)	Unlock ₹8.1 L/yr - ₹10 L/yr 47% less
Jana Small Finance Bank Assistant Manager 1 Salary 2 - 7 years exp. (4 salaries)	Unlock ₹3.8 L/yr - ₹5.5 L/yr 73% less
Ujjivan Small Finance Bank Assistant Manager 1 Salary 2 - 3 years exp. (4 salaries)	Unlock ₹2.7 L/yr - ₹3.5 L/yr 83% less

Assistant Manager 1 salary at Bank of America ranges between ₹12.2 Lakhs to ₹23 Lakhs per year for employees with experience between 3 years to 15 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Assistant Manager 1 salaries

Last Updated: 30 Mar 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	Unlock ₹8.5 L/yr - ₹23 L/yr
4 years (AmbitionBox Estimate)	Unlock ₹19 L/yr - ₹37 L/yr
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5 years (AmbitionBox Estimate)	Unlock ₹17.8 L/yr - ₹22.8 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹17.5 L/yr - ₹34.3 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹16.5 L/yr - ₹21.1 L/yr
8 years (AmbitionBox Estimate)	Unlock ₹7 L/yr - ₹19.2 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹15.2 L/yr - ₹19.4 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹14.5 L/yr - ₹18.5 L/yr
11 years (AmbitionBox Estimate)	Unlock ₹13.8 L/yr - ₹17.6 L/yr
12 years (AmbitionBox Estimate)	Unlock ₹13.1 L/yr - ₹16.8 L/yr
13 years (AmbitionBox Estimate)	Unlock ₹12.5 L/yr - ₹15.9 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹11.8 L/yr - ₹15.1 L/yr
15+ years (AmbitionBox Estimate)	Unlock ₹12.2 L/yr - ₹22.2 L/yr

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Salary related reviews for Bank of America

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.

Team Lead in Gurgaon / Gurugram

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.

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

Senior Associate in Gurgaon / Gurugram

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

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Job security - Good

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Salary - Bad

+3 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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bank of America Assistant Manager 1 Salary FAQs

What is the salary of Assistant Manager 1 at Bank of America?

Assistant Manager 1 salary at Bank of America in India ranges between ₹12.2 Lakhs to ₹23.0 Lakhs for experience between 3 years to 15 years. According to our estimates it is 280% more than the average Assistant Manager 1 Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bank of America India.

How does the salary of a Assistant Manager 1 at Bank of America India compare with the average salary range for this job?

The average salary of a Assistant Manager 1 at Bank of America is 280% more than the average salary of a Assistant Manager 1 in India. To know exact salary insights, login to view.

What is the salary of a Assistant Manager 1 in companies similar to Bank of America in India?

Federal Bank Assistant Manager 1 Salary - ₹7.5 Lakhs to ₹12.0 Lakhs per year
State Bank of India Assistant Manager 1 Salary - ₹8.1 Lakhs to ₹10.0 Lakhs per year
IDBI Bank Assistant Manager 1 Salary - ₹3.7 Lakhs to ₹15.0 Lakhs per year
AU Small Finance Bank Assistant Manager 1 Salary - ₹4.6 Lakhs to ₹5.5 Lakhs per year
Jana Small Finance Bank Assistant Manager 1 Salary - ₹3.8 Lakhs to ₹5.5 Lakhs per year

What is the estimated take home salary of a Assistant Manager 1 at Bank of America in India?

The estimated take-home salary of a Assistant Manager 1 at Bank of America ranges between ₹1,14,269 per month to ₹1,17,451 per month in India. The take-home salary calculation is based on the average Bank of America Assistant Manager 1 salary in India which ranges between ₹12.2 Lakhs to ₹23.0 Lakhs per year for employees with experience between 3 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Assistant Manager 1 at Bank of America?

According to AmbitionBox, 100% of the Bank of America Assistant Manager 1s reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of America Assistant Manager 1 Salaries

Bank of America Assistant Manager 1 salary in India ranges between ₹12.2 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.