Bank of America Mumbai Assistant Vice President Operations Salaries by 4 Employees

14 - 17 years exp.

₹23.8 Lakhs - ₹39 Lakhs

Avg. annual salary

Monthly In-hand Salary

56% more than the average Assistant Vice President Operations Salary in Banking Companies for 14 - 17 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Vice President Operations Salary 14 - 17 years exp. (3 salaries)	₹23.8 L/yr - ₹39.8 L/yr
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Finance & Accounting Assistant Vice President Operations Salary 14 years exp. (AmbitionBox Estimate)	₹39 L/yr - ₹49.2 L/yr

Last Updated: 16 Mar 2023

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

Bank of America Assistant Vice President Operations Salary

14 - 17 years exp. (4 salaries)

₹23.8 L/yr - ₹39 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Assistant Vice President Operations Salary 11 - 19 years exp. (24 salaries)	₹9 L/yr - ₹18 L/yr 61% less
HDFC Bank Assistant Vice President Operations Salary 16 - 23 years exp. (15 salaries)	₹20 L/yr - ₹29 L/yr 38% less
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IndusInd Bank Assistant Vice President Operations Salary 12 - 22 years exp. (14 salaries)	₹9.5 L/yr - ₹19.5 L/yr 57% less
RBL Bank Assistant Vice President Operations Salary 12 - 25 years exp. (11 salaries)	₹9.9 L/yr - ₹17 L/yr 64% less
Deutsche Bank Assistant Vice President Operations Salary 12 - 18 years exp. (8 salaries)	₹12.5 L/yr - ₹35 L/yr 36% less
IDFC FIRST Bank Assistant Vice President Operations Salary 13 - 16 years exp. (4 salaries)	₹15 L/yr - ₹29 L/yr 43% less
Barclays Assistant Vice President Operations Salary 18 - 19 years exp. (3 salaries)	₹22.9 L/yr - ₹31.5 L/yr 34% less

Assistant Vice President Operations salary at Bank of America ranges between ₹23.8 Lakhs to ₹39 Lakhs per year for employees with experience between 14 years to 17 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

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

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
14 years (AmbitionBox Estimate)	₹35.7 L/yr - ₹45.6 L/yr
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15+ years (AmbitionBox Estimate)	₹31.1 L/yr - ₹39.8 L/yr

Similar Designation salaries in Bank of America

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₹35 L/yr - ₹48 L/yr

Operations Manager Salary

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₹12.2 L/yr - ₹21.45 L/yr

Operations Executive Salary

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Salary related reviews for Bank of America

Rated by 1 employees for salary & benefits

Assistant Vice President in Mumbai

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

Job security - Good

Dislikes

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

Salary - Poor

+4 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

Associate Vice President in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 24 Oct 2023

4.0

for Salary and Benefits

Likes

Good salary, Networking is encouraged (too much sometimes!), Volunteering activities.

Salary - Good

+1 more

Dislikes

Company culture specially the bhai-bandi attitude between old timers, very BPO kind of environment, tenure and connection is more relevant than the skill of a person (specially new joiners)

Company culture - Poor

Assistant Vice President in Chennai

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)

Assistant Vice President in Singapore.

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.

Salary - Excellent

+4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

Skill development - Poor

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Assistant Vice President Operations Salary FAQs

What is the salary of Assistant Vice President Operations at Bank of America in Mumbai?

The average salary of a Assistant Vice President Operations at Bank of America in Mumbai typically ranges from ₹23.8 Lakhs to ₹39.0 Lakhs per year, depending on experience (from 14 years to 17 years).

The top 10% of Assistant Vice President Operations in Mumbai at Bank of America earn more than ₹39.0 Lakhs per year, and the top 1% earn over ₹39.0 Lakhs per year. Assistant Vice President Operations 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 4 Bank of America employees in India.

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

The estimated take-home salary of a Assistant Vice President Operations at Bank of America in Mumbai typically ranges from ₹2,28,764 to ₹2,37,971 per month. This is based on the average salary range of ₹23.8 Lakhs to ₹39.0 Lakhs per year for employees with experience ranging from 14 years to 17 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 4 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 Operations in companies similar to Bank of America in Mumbai?

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

Barclays	₹22.9 Lakhs to ₹31.5 Lakhs per year
Deutsche Bank	₹12.5 Lakhs to ₹35.0 Lakhs per year
HDFC Bank	₹20.0 Lakhs to ₹29.0 Lakhs per year
IDFC FIRST Bank	₹15.0 Lakhs to ₹29.0 Lakhs per year
IndusInd Bank	₹9.5 Lakhs to ₹19.5 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 Operations at Bank of America in Mumbai?

The salary growth for a Assistant Vice President Operations at Bank of America in Mumbai depends on factors such as experience, performance, and promotions. On average, a Assistant Vice President Operations in Mumbai can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
14 years	₹35.7 Lakhs to ₹45.6 Lakhs per year
15 years	₹31.1 Lakhs to ₹39.8 Lakhs per year

and so on.

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Bank of America Assistant Vice President Operations Salaries in Mumbai

Bank of America Assistant Vice President Operations salary in Mumbai ranges between ₹23.8 Lakhs to ₹39 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.