Bank of America Associate Salaries by 100+ Employees (Updated 2025)

0 - 10 years exp.

₹5.4 Lakhs - ₹31.2 Lakhs

Salary of majority employees

142% more than the average Associate Salary in Banking Companies for 0 - 10 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Finance & Accounting Associate Salary 1 - 10 years exp. (30 salaries)	₹3.3 L/yr - ₹29 L/yr
BFSI, Investments & Trading Associate Salary 1 - 10 years exp. (29 salaries)	₹8 L/yr - ₹37.6 L/yr
Login to view exact salary
Data Science & Analytics Associate Salary 5 - 10 years exp. (20 salaries)	₹22.6 L/yr - ₹48.3 L/yr
Customer Success, Service & Operations Associate Salary 0 - 5 years exp. (10 salaries)	₹3 L/yr - ₹25.5 L/yr
Risk Management & Compliance Associate Salary 1 - 8 years exp. (9 salaries)	₹3 L/yr - ₹28.5 L/yr

View all

Last Updated: 18 Feb 2025

Companies similar to Bank of America for Associate

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Associate Salary 1 - 17 years exp. (10.2k salaries)	₹10.2 L/yr - ₹36 L/yr 33% more	49 job openings
HSBC Group Associate Salary 1 - 10 years exp. (354 salaries)	₹7.1 L/yr - ₹18 L/yr 44% less
Login to view exact salary
Barclays Associate Salary 2 - 10 years exp. (59 salaries)	₹13.1 L/yr - ₹26.7 L/yr 12% less
Standard Chartered Associate Salary 1 - 13 years exp. (139 salaries)	₹7.8 L/yr - ₹32.1 L/yr 2% less
Deutsche Bank Associate Salary 2 - 15 years exp. (4.8k salaries)	₹8.8 L/yr - ₹35 L/yr 8% more	41 job openings
Goldman Sachs Associate Salary 2 - 9 years exp. (2.5k salaries)	₹10.5 L/yr - ₹40 L/yr 31% more	1 job opening
Morgan Stanley Associate Salary 0 - 11 years exp. (3.1k salaries)	₹5.2 L/yr - ₹20 L/yr 36% less	1 job opening
UBS Associate Salary 1 - 10 years exp. (116 salaries)	₹6.5 L/yr - ₹20.2 L/yr 32% less
IDFC FIRST Bank Associate Salary 0 - 7 years exp. (575 salaries)	₹1.6 L/yr - ₹5 L/yr 83% less
NatWest Group Associate Salary 3 - 13 years exp. (478 salaries)	₹7.2 L/yr - ₹24 L/yr 1% less

View all

Associate salary at Bank of America ranges between ₹5.4 Lakhs to ₹31.2 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 162 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Associate salaries

Last Updated: 18 Feb 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.7 L/yr
1 year (18 salaries)	₹3 L/yr - ₹10 L/yr
Login to view exact salary
2 years (19 salaries)	₹4.2 L/yr - ₹11.1 L/yr
3 years (18 salaries)	₹5.3 L/yr - ₹23.6 L/yr
4 years (10 salaries)	₹6.3 L/yr - ₹28.3 L/yr
5 years (15 salaries)	₹7.3 L/yr - ₹32.9 L/yr
6 years (14 salaries)	₹9.9 L/yr - ₹37.6 L/yr
7 years (18 salaries)	₹10.8 L/yr - ₹39.9 L/yr
8 years (22 salaries)	₹14.4 L/yr - ₹44.6 L/yr
9 years (14 salaries)	₹15 L/yr - ₹47 L/yr
10 years (12 salaries)	₹26 L/yr - ₹49.5 L/yr

View all

From

Associate

₹

Lakhs/yr

0 - 10 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Associate 0 - 10 years exp.

Assistant Vice President 10 - 21 years exp.

112% hike

Vice President 14 - 25 years exp.

69% 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

Senior Associate Salary

(115 salaries)

₹1.8 L/yr - ₹9.5 L/yr

Team Lead Salary

(2.3k salaries)

₹5.7 L/yr - ₹16 L/yr

Technical Lead Salary

(64 salaries)

₹11.78 L/yr - ₹39 L/yr

Lead Engineer Salary

(9 salaries)

₹18.5 L/yr - ₹34.6 L/yr

Associate Consultant Salary

(5 salaries)

₹5.5 L/yr - ₹9.79 L/yr

Web Developer Salary

(AmbitionBox Estimate)

₹5.8 L/yr - ₹7.4 L/yr

Senior Engineer Salary

(30 salaries)

₹3.75 L/yr - ₹19 L/yr

System Engineer Salary

(6 salaries)

₹1 L/yr - ₹6.1 L/yr

Java Developer Salary

(10 salaries)

₹6 L/yr - ₹27.5 L/yr

Project Engineer Salary

(4 salaries)

₹8.5 L/yr - ₹12 L/yr

Top skills at Bank of America for Associate

Risk Management Asset Management Business Services Analytical Monitoring

Salary related reviews for Bank of America

3.1

Rated by 19 employees for salary & benefits

Associate in Gurgaon / Gurugram

Customer Service Department

5.0

• posted on 01 Sep 2021

4.0

for Salary and Benefits

Likes

Awesome! It ws my first organisation. Very employee centric, decent management, rich company culture, very secured job, safe for females as they offer guards with each cab in early mrng or evening shifts. Everything was good except the front desk girl who was very mean and rude, her personality does nt suit the organisation.

Salary - Good

+6 more

Dislikes

Salary was less and just one side cab and another side shuttle. The email and chat process ramped down. They offered positions in other processes bt salary ws nt that good.

Software Developer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

Salary - Excellent

+1 more

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Salary - Good

+5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

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.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

Got a question about Bank of America?

Ask anonymously on communities.

Bank of America Associate Salary FAQs

What is the salary of Associate at Bank of America?

Associate salary at Bank of America in India ranges between ₹5.4 Lakhs to ₹31.2 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 142% more than the average Associate Salary in India. Salary estimates are based on 162 latest salaries received from various employees of Bank of America India.

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

The average salary of a Associate at Bank of America is 142% more than the average salary of a Associate in India. To know exact salary insights, login to view.

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

Risk Management, Asset Management, Business Services, Analytical and Monitoring are some of the popular skills required to work as a Associate at Bank of America India.

Which similar companies are paying more than Bank of America to a Associate in India?

JPMorgan Chase & Co. Associate Salary - ₹10.2 Lakhs to ₹36.0 Lakhs per year
Goldman Sachs Associate Salary - ₹10.5 Lakhs to ₹40.0 Lakhs per year
Deutsche Bank Associate Salary - ₹8.8 Lakhs to ₹35.0 Lakhs per year

What is the salary of a Associate in companies similar to Bank of America in India?

NatWest Group Associate Salary - ₹7.2 Lakhs to ₹24.0 Lakhs per year
Standard Chartered Associate Salary - ₹7.8 Lakhs to ₹32.1 Lakhs per year
ANZ Banking Group Associate Salary - ₹4.4 Lakhs to ₹27.8 Lakhs per year
Barclays Associate Salary - ₹13.1 Lakhs to ₹26.7 Lakhs per year
UBS Associate Salary - ₹6.5 Lakhs to ₹20.2 Lakhs per year

What is the estimated take home salary of a Associate at Bank of America in India?

The estimated take-home salary of a Associate at Bank of America ranges between ₹1,22,628 per month to ₹1,26,235 per month in India. The take-home salary calculation is based on the average Bank of America Associate salary in India which ranges between ₹5.4 Lakhs to ₹31.2 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Associate at Bank of America?

According to AmbitionBox, 66% of the Bank of America Associates reported a notice period of 2 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 105 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of America Associate Salaries by Location

Home >
Salaries >
Bank of America Salaries >
Bank of America Associate Salaries

Bank of America Associate salary in India ranges between ₹5.4 Lakhs to ₹31.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 162 Bank of America latest salaries received from various employees of Bank of America.