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Bank of America Assistant Vice President Finance salaries in Mumbai

Annual salary range
7 - 14 years exp.
₹32 Lakhs - ₹51.8 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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53% more than the average Assistant Vice President Finance Salary in Banking Companies for 7 - 14 years of experience

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Salaries in different departments

Finance & Accounting
Assistant Vice President Finance Salary
7 - 9 years exp. (3 salaries)
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₹32 L/yr - ₹51.8 L/yr

BFSI, Investments & Trading
Assistant Vice President Finance Salary
13 - 14 years exp. (AmbitionBox Estimate)
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₹40 L/yr - ₹51.9 L/yr

Last Updated: 22 Mar 2024

Companies similar to Bank of America for Assistant Vice President Finance in Mumbai

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Bank of America Assistant Vice President Finance Salary

7 - 14 years exp. (5 salaries)

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₹32 L/yr - ₹51.8 L/yr

vs
Company name Avg Annual Salary Open Jobs
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₹23 L/yr - ₹38 L/yr

arrow icon 34% less
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₹19 L/yr - ₹36 L/yr

arrow icon 48% less
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₹13.3 L/yr - ₹21.8 L/yr

arrow icon 62% less
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₹19.3 L/yr - ₹21.5 L/yr

arrow icon 56% less
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₹19.2 L/yr - ₹30 L/yr

arrow icon 42% less
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₹24 L/yr - ₹27 L/yr

arrow icon 45% less
Assistant Vice President Finance salary at Bank of America ranges between ₹32 Lakhs to ₹51.8 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Assistant Vice President Finance in Mumbai

1y ago
₹42 Lakhs
9 years exp.

Experience wise Bank of America Assistant Vice President Finance salaries in Mumbai

Last Updated: 22 Mar 2024

Experience Avg Annual Salary
7 years (AmbitionBox Estimate)

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₹36.9 L/yr - ₹47.2 L/yr
8 years (AmbitionBox Estimate)

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₹37.5 L/yr - ₹47.9 L/yr
9 years (AmbitionBox Estimate)

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₹38.1 L/yr - ₹48.6 L/yr
10 years (AmbitionBox Estimate)

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₹38.6 L/yr - ₹49.4 L/yr
11 years (AmbitionBox Estimate)

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₹39.2 L/yr - ₹50.1 L/yr
View all

Similar Designation salaries in Bank of America

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₹21 L/yr - ₹55.66 L/yr
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₹3.8 L/yr - ₹16.14 L/yr
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₹4.5 L/yr - ₹5.2 L/yr

Salary related reviews for Bank of America

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Rated by 1 employees for salary & benefits

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

read more
  • Job security - Good

Dislikes

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

read more
  • Salary - Poor
  • +4 more

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

read more
  • 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

read more
  • Skill development - Bad
  • +4 more

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.

  • Salary - Good
  • +4 more

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)

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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.

read more
  • Salary - Excellent
  • +4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

  • Skill development - Poor

GIS Department

5.0
  •  posted on 27 Jan 2022

5.0
 for  Salary and Benefits

Likes

...d it's the company with a great work ethics, work life balance and job security. Salary is all fixed + Sodexo & transport as an extra benefits. But since it's a bank, lot of projects are on legacy and switching from one technology to another is so difficult, it's only possible if you have good relations with leadership.

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  • Salary - Excellent
  • +6 more

Dislikes

Since it's a bank so lot of legacy project and some of the guys working in a project from 10-12 years. So it's quiet difficult to get a good latest technology project or if you want to switch technology then you should have good relationship with manager. The other problem is with their is nothing like HR, they always say we are here for you but they are for managers only, and there is no value of associate in their eyes. They just came in picture for selling parental insurance, diversity and throwing policies on associates.

read more
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Bank of America Assistant Vice President Finance Salary FAQs

What is the salary of Assistant Vice President Finance at Bank of America in Mumbai?
The average salary of a Assistant Vice President Finance at Bank of America in Mumbai typically ranges from ₹32.0 Lakhs to ₹51.8 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Assistant Vice President Finance in Mumbai at Bank of America earn more than ₹42.0 Lakhs per year, and the top 1% earn over ₹42.0 Lakhs per year. Assistant Vice President Finance 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 5 Bank of America employees in India.
What is the estimated take home salary of a Assistant Vice President Finance at Bank of America in Mumbai?
The estimated take-home salary of a Assistant Vice President Finance at Bank of America in Mumbai typically ranges from ₹2,72,626 to ₹2,83,815 per month. This is based on the average salary range of ₹32.0 Lakhs to ₹51.8 Lakhs per year for employees with experience ranging from 7 years to 14 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 5 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Assistant Vice President Finance in companies similar to Bank of America in Mumbai?
The salary of a Assistant Vice President Finance at companies similar to Bank of America in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deutsche Bank ₹23.0 Lakhs to ₹38.0 Lakhs per year
Barclays ₹19.2 Lakhs to ₹30.0 Lakhs per year
IDFC FIRST Bank ₹24.0 Lakhs to ₹27.0 Lakhs per year
HDFC Bank ₹19.0 Lakhs to ₹36.0 Lakhs per year
RBL Bank ₹19.3 Lakhs to ₹21.5 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 Vice President Finance at Bank of America in Mumbai?
The salary growth for a Assistant Vice President Finance at Bank of America in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President Finance in Mumbai can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
7 years ₹36.9 Lakhs to ₹47.2 Lakhs per year
8 years ₹37.5 Lakhs to ₹47.9 Lakhs per year
9 years ₹38.1 Lakhs to ₹48.6 Lakhs per year
10 years ₹38.6 Lakhs to ₹49.4 Lakhs per year
and so on.

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Bank of America Assistant Vice President Finance salary in Mumbai ranges between ₹32 Lakhs to ₹51.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.