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Bank of America Associate salaries in India (Updated 2025)

Annual salary range
2 - 10 years exp.
₹9.8 Lakhs - ₹30.3 Lakhs
Salary of majority employees
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164% more than the average Associate Salary in Banking Companies for 2 - 10 years of experience

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Salaries in different departments

Finance & Accounting
Associate Salary
2 - 10 years exp. (26 salaries)
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₹9 L/yr - ₹29.5 L/yr

BFSI, Investments & Trading
Associate Salary
2 - 10 years exp. (25 salaries)
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₹11.4 L/yr - ₹38.2 L/yr

Data Science & Analytics
Associate Salary
5 - 10 years exp. (20 salaries)
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₹22.6 L/yr - ₹36.9 L/yr

Risk Management & Compliance
Associate Salary
2 - 8 years exp. (10 salaries)
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₹7.3 L/yr - ₹27.8 L/yr

Customer Success, Service & Operations
Associate Salary
2 - 6 years exp. (9 salaries)
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₹6 L/yr - ₹26.5 L/yr

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Last Updated: 7 Mar 2025

Companies similar to Bank of America for Associate

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Associate Salary

1 - 17 years exp. (10.2k salaries)

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₹10.3 L/yr - ₹36 L/yr

arrow icon 21% more
60 job openings
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HSBC Group Associate Salary

1 - 8 years exp. (337 salaries)

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₹3.9 L/yr - ₹16 L/yr

arrow icon 52% less
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Barclays Associate Salary

2 - 10 years exp. (61 salaries)

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₹6.5 L/yr - ₹26.7 L/yr

arrow icon 19% less
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Standard Chartered Associate Salary

1 - 13 years exp. (146 salaries)

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₹7.8 L/yr - ₹30 L/yr

arrow icon 9% less
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Deutsche Bank Associate Salary

2 - 15 years exp. (4.8k salaries)

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₹8.9 L/yr - ₹34 L/yr

arrow icon 2% less
39 job openings
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Goldman Sachs Associate Salary

1 - 9 years exp. (2.5k salaries)

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₹11 L/yr - ₹41 L/yr

arrow icon 21% more
25 job openings
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Morgan Stanley Associate Salary

0 - 11 years exp. (3.1k salaries)

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₹5.2 L/yr - ₹20.2 L/yr

arrow icon 41% less
1 job opening
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UBS Associate Salary

1 - 10 years exp. (117 salaries)

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₹6.5 L/yr - ₹20.6 L/yr

arrow icon 35% less
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IDFC FIRST Bank Associate Salary

0 - 7 years exp. (635 salaries)

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₹1.5 L/yr - ₹5 L/yr

arrow icon 84% less
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NatWest Group Associate Salary

3 - 13 years exp. (476 salaries)

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₹8.5 L/yr - ₹24.7 L/yr

arrow icon 10% less
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Associate salary at Bank of America ranges between ₹9.8 Lakhs to ₹30.3 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 139 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Associate

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Experience wise Bank of America Associate salaries

Last Updated: 7 Mar 2025

Experience Avg Annual Salary
2 years  (17 salaries)

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₹3.9 L/yr - ₹11.1 L/yr
3 years  (18 salaries)

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₹4.9 L/yr - ₹22.2 L/yr
4 years  (11 salaries)

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₹6 L/yr - ₹26.8 L/yr
5 years  (14 salaries)

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₹7 L/yr - ₹31.4 L/yr
6 years  (15 salaries)

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₹8 L/yr - ₹36 L/yr
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Bank of America Associate Salary and Career Growth

From

To

Associate

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2 - 10 years exp.

Vice President

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14 - 25 years exp.

Associate 2 - 10 years exp.
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Assistant Vice President 10 - 21 years exp.
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arrow icon 93% hike
    Vice President 14 - 25 years exp.
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    arrow icon 68% 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
    (117 salaries)
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    ₹1.8 L/yr - ₹9.5 L/yr
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    (AmbitionBox Estimate)
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    ₹5.8 L/yr - ₹7.4 L/yr
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    (32 salaries)
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    ₹3.5 L/yr - ₹19 L/yr
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    ₹1 L/yr - ₹6.58 L/yr
    Java Developer Salary
    (10 salaries)
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    ₹6 L/yr - ₹27.5 L/yr
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    ₹8.5 L/yr - ₹12 L/yr

    Top skills at Bank of America for Associate

    Risk Management Asset Management Business Services Analytical Monitoring
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    Salary related reviews for Bank of America

    3.1

    Rated by 20 employees for salary & benefits

    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.

    read more
    • 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.

    read more

    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

    read more
    • 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.

    read more

    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

    read more
    • Salary - Good
    • +5 more

    Dislikes

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

    read more

    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.

    read more
    • 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.

    read more

    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.

    read more
    • 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

    read more
    • Salary - Bad
    • +4 more
    see more salary related reviews

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    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 ₹9.8 Lakhs to ₹30.3 Lakhs for experience between 2 years to 10 years. According to our estimates it is 164% more than the average Associate Salary in India. Salary estimates are based on 139 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 164% 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?
    • Goldman Sachs Associate Salary - ₹11.0 Lakhs to ₹41.0 Lakhs per year
    • JPMorgan Chase & Co. Associate Salary - ₹10.3 Lakhs to ₹36.0 Lakhs per year
    What is the salary of a Associate in companies similar to Bank of America in India?
    • Deutsche Bank Associate Salary - ₹8.9 Lakhs to ₹34.0 Lakhs per year
    • Standard Chartered Associate Salary - ₹7.8 Lakhs to ₹30.0 Lakhs per year
    • NatWest Group Associate Salary - ₹8.5 Lakhs to ₹24.7 Lakhs per year
    • Barclays Associate Salary - ₹6.5 Lakhs to ₹26.7 Lakhs per year
    • ANZ Banking Group Associate Salary - ₹4.4 Lakhs to ₹27.8 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 ₹1,31,806 per month to ₹1,36,629 per month in India. The take-home salary calculation is based on the average Bank of America Associate salary in India which ranges between ₹9.8 Lakhs to ₹30.3 Lakhs per year for employees with experience between 2 years 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, 64% of the Bank of America Associates reported a notice period of 2 Months, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 106 responses on AmbitionBox in last 2 years.

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    Bank of America Associate salary in India ranges between ₹9.8 Lakhs to ₹30.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 139 Bank of America latest salaries received from various employees of Bank of America.