Bank of America Mumbai Assistant Manager Salaries by 100+ Employees (Updated 2025)

2 - 18 years exp.

₹8 Lakhs - ₹24.5 Lakhs

Salary of majority employees

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120% more than the average Assistant Manager Salary in Banking Companies for 2 - 18 years of experience

Interested in this particular role? 7 job openings

Salaries in different departments

Finance & Accounting Assistant Manager Salary 2 - 14 years exp. (46 salaries)	Unlock ₹11.7 L/yr - ₹24 L/yr
BFSI, Investments & Trading Assistant Manager Salary 3 - 16 years exp. (30 salaries)	Unlock ₹10 L/yr - ₹23.5 L/yr
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Data Science & Analytics Assistant Manager Salary 2 - 11 years exp. (28 salaries)	Unlock ₹10.5 L/yr - ₹24.5 L/yr
Customer Success, Service & Operations Assistant Manager Salary 5 - 18 years exp. (16 salaries)	Unlock ₹8 L/yr - ₹23.1 L/yr
Risk Management & Compliance Assistant Manager Salary 3 - 15 years exp. (10 salaries)	Unlock ₹14.3 L/yr - ₹24.3 L/yr

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Last Updated: 3 Mar 2025

Companies similar to Bank of America for Assistant Manager in Mumbai

Bank of America Assistant Manager Salary

2 - 18 years exp. (163 salaries)

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₹8 L/yr - ₹24.5 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Assistant Manager Salary 0 - 10 years exp. (1.6k salaries)	Unlock ₹1.8 L/yr - ₹7 L/yr 79% less
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (1.6k salaries)	Unlock ₹2 L/yr - ₹6 L/yr 78% less
Login to view exact salary
Axis Bank Assistant Manager Salary 0 - 10 years exp. (2.5k salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 78% less	2 job openings
State Bank of India Assistant Manager Salary 0 - 12 years exp. (75 salaries)	Unlock ₹6.5 L/yr - ₹20 L/yr 25% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (3.5k salaries)	Unlock ₹1 L/yr - ₹5 L/yr 81% less
Yes Bank Assistant Manager Salary 0 - 11 years exp. (851 salaries)	Unlock ₹2.4 L/yr - ₹6.5 L/yr 75% less	1 job opening
IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (580 salaries)	Unlock ₹1.5 L/yr - ₹6.2 L/yr 79% less	1 job opening
IDFC FIRST Bank Assistant Manager Salary 0 - 11 years exp. (542 salaries)	Unlock ₹2.3 L/yr - ₹6.6 L/yr 73% less
RBL Bank Assistant Manager Salary 0 - 10 years exp. (505 salaries)	Unlock ₹2 L/yr - ₹7 L/yr 77% less
Punjab National Bank Assistant Manager Salary 1 - 11 years exp. (6 salaries)	Unlock ₹6.5 L/yr - ₹12 L/yr 49% less

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Assistant Manager salary at Bank of America ranges between ₹8 Lakhs to ₹24.5 Lakhs per year for employees with experience between 2 years to 18 years. Salary estimates are based on 163 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Assistant Manager in Mumbai

5d ago

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17 years exp.

2w ago

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16 years exp.

2w ago

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3 years exp.

3w ago

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3 years exp.

3w ago

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5 years exp.

3w ago

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11 years exp.

3w ago

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4 years exp.

3w ago

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12 years exp.

3w ago

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11 years exp.

3w ago

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8 years exp.

Experience wise Bank of America Assistant Manager salaries in Mumbai

Last Updated: 3 Mar 2025

Experience	Avg Annual Salary
2 years (4 salaries)	Unlock ₹14 L/yr - ₹22 L/yr
3 years (17 salaries)	Unlock ₹13 L/yr - ₹24.3 L/yr
Login to view exact salary
4 years (13 salaries)	Unlock ₹10 L/yr - ₹23.7 L/yr
5 years (23 salaries)	Unlock ₹10.2 L/yr - ₹23.5 L/yr
6 years (12 salaries)	Unlock ₹13.8 L/yr - ₹23.5 L/yr
7 years (11 salaries)	Unlock ₹10.9 L/yr - ₹23.1 L/yr
8 years (12 salaries)	Unlock ₹10.1 L/yr - ₹23.1 L/yr
9 years (18 salaries)	Unlock ₹9.9 L/yr - ₹24.5 L/yr
10 years (13 salaries)	Unlock ₹9.9 L/yr - ₹21.8 L/yr
11 years (10 salaries)	Unlock ₹10.5 L/yr - ₹20 L/yr
12 years (12 salaries)	Unlock ₹10 L/yr - ₹22 L/yr
13 years (4 salaries)	Unlock ₹8 L/yr - ₹20 L/yr
14 years (AmbitionBox Estimate)	Unlock ₹6.9 L/yr - ₹20 L/yr
15+ years (13 salaries)	Unlock ₹9 L/yr - ₹19.4 L/yr

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From

Assistant Manager

₹

Lakhs/yr

2 - 18 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Assistant Manager 2 - 18 years exp.

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Manager 5 - 18 years exp.

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51% hike

Senior Manager 8 - 19 years exp.

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30% hike

Similar Designation salaries in Bank of America

Operations Manager Salary

(7 salaries)

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₹12.2 L/yr - ₹21.45 L/yr

Team Manager Salary

(3 salaries)

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₹14.55 L/yr - ₹24 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 14 employees for salary & benefits

Assistant Manager in Gurgaon / Gurugram

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.

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.

Skill development - Bad

+4 more

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

Manager in Mumbai

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

... 8 lacks. Insurance for parents/aws. Sodexo food card with 1300 monthly balance. Yearly bonus. Cab facility if you are not availing it can be get transport allowance upto 1800 monthly.

Salary - Excellent

+6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

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Salary Discussions, Hike & Promotions

1w (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 Salary FAQs

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

Assistant Manager salary at Bank of America in Mumbai ranges between ₹8.0 Lakhs to ₹24.5 Lakhs for experience between 2 years to 18 years. According to our estimates it is 120% more than the average Assistant Manager Salary in India. Salary estimates are based on 163 latest salaries received from various employees of Bank of America Mumbai.

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

The average salary of a Assistant Manager at Bank of America is 120% more than the average salary of a Assistant Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Assistant Manager at Bank of America?

Risk Management, Asset Management, Analytics, Business Services and Talent Acquisition are some of the popular skills required to work as a Assistant Manager at Bank of America Mumbai.

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

Morgan Stanley Assistant Manager Salary - ₹7.0 Lakhs to ₹24.2 Lakhs per year
Barclays Assistant Manager Salary - ₹7.5 Lakhs to ₹24.0 Lakhs per year
State Bank of India Assistant Manager Salary - ₹6.5 Lakhs to ₹20.0 Lakhs per year
UBS Assistant Manager Salary - ₹8.3 Lakhs to ₹18.0 Lakhs per year
JPMorgan Chase & Co. Assistant Manager Salary - ₹6.3 Lakhs to ₹23.2 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Bank of America ranges between ₹1,22,883 per month to ₹1,26,524 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Assistant Manager salary in India which ranges between ₹8.0 Lakhs to ₹24.5 Lakhs per year for employees with experience between 2 years to 18 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 88% of the Bank of America Assistant Managers in Mumbai reported a notice period of 2 Months, 5% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 129 responses on AmbitionBox in last 2 years.

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Bank of America Assistant Manager Salaries in Mumbai

Bank of America Assistant Manager salary in Mumbai ranges between ₹8 Lakhs to ₹24.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 163 Bank of America latest salaries received from various employees of Bank of America.

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

Companies similar to Bank of America for Assistant Manager in Mumbai

Latest annual salaries shared by Bank of America Assistant Manager in Mumbai

Experience wise Bank of America Assistant Manager salaries in Mumbai

Similar Designation salaries in Bank of America

Top skills at Bank of America for Assistant Manager

Salary related reviews for Bank of America

Assistant Manager in Gurgaon / Gurugram

Team Lead in Gurgaon / Gurugram

Team Lead in Gurgaon / Gurugram

Senior Associate in Gurgaon / Gurugram

Manager in Mumbai

Bank of America Assistant Manager Salary FAQs

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