Bank of America Associate Analyst Salaries by 6 Employees (Updated 2025)

0 - 3 years exp.

₹4.2 Lakhs - ₹15.3 Lakhs

Low Confidence

Salary of majority employees

97% more than the average Associate Analyst Salary in Banking Companies for 0 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Analyst Salary 1 year exp. (AmbitionBox Estimate)	₹4.2 L/yr - ₹5.2 L/yr
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Risk Management & Compliance Associate Analyst Salary 3 years exp. (AmbitionBox Estimate)	₹3.7 L/yr - ₹4.6 L/yr

Last Updated: 19 Mar 2025

Companies similar to Bank of America for Associate Analyst

Company name	Avg Annual Salary	Open Jobs
Deutsche Bank Associate Analyst Salary 1 - 11 years exp. (25 salaries)	₹13.1 L/yr - ₹27 L/yr 88% more	4 job openings
Barclays Associate Analyst Salary 1 - 6 years exp. (12 salaries)	₹6.9 L/yr - ₹11.4 L/yr 7% more
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ICICI Bank Associate Analyst Salary 0 - 6 years exp. (6 salaries)	₹2.9 L/yr - ₹8.5 L/yr 39% less
HDFC Bank Associate Analyst Salary 2 - 5 years exp. (6 salaries)	₹6 L/yr - ₹15.5 L/yr 2% more
HSBC Electronic Data Processing Associate Analyst Salary 0 - 4 years exp. (6 salaries)	₹3 L/yr - ₹3.5 L/yr 62% less
NatWest Group Associate Analyst Salary 1 - 3 years exp. (6 salaries)	₹3 L/yr - ₹6 L/yr 58% less
State Street Bank Associate Analyst Salary 0 - 5 years exp. (5 salaries)	₹3.6 L/yr - ₹5 L/yr 52% less
Standard Chartered Associate Analyst Salary 1 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹14.6 L/yr 6% less
Federal Bank Associate Analyst Salary 1 - 6 years exp. (4 salaries)	₹6 L/yr - ₹7.3 L/yr 22% less
HSBC Global Banking and Markets Associate Analyst Salary 0 - 7 years exp. (4 salaries)	₹5.2 L/yr - ₹8.9 L/yr 3% less
IndusInd Bank Associate Analyst Salary 1 - 8 years exp. (3 salaries)	₹3.5 L/yr - ₹8 L/yr 32% less
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State Bank of India Associate Analyst Salary 3 - 8 years exp. (3 salaries)	₹7 L/yr - ₹8.2 L/yr 10% less
ANZ Banking Group Associate Analyst Salary 2 - 3 years exp. (3 salaries)	₹4.6 L/yr - ₹13 L/yr 3% more

Associate Analyst salary at Bank of America ranges between ₹4.2 Lakhs to ₹15.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Associate Analyst salaries

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.2 L/yr - ₹17.5 L/yr
1 year (AmbitionBox Estimate)	₹4.7 L/yr - ₹17.7 L/yr
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2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)	₹4.2 L/yr - ₹8.6 L/yr

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Salary related reviews for Bank of America

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

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)

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

Job security - Excellent

+1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

Skill development - Poor

+2 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.

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

see more salary related reviews

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Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bank of America Associate Analyst Salary FAQs

What is the salary of Associate Analyst at Bank of America ?

The average salary of a Associate Analyst at Bank of America in India typically ranges from ₹4.2 Lakhs to ₹15.3 Lakhs per year, depending on experience (from Fresher to 3 years).

The top 10% of Associate Analyst at Bank of America earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.5 Lakhs per year. Associate Analyst 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 6 Bank of America employees in India.

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

The estimated take-home salary of a Associate Analyst at Bank of America in India typically ranges from ₹62,789 to ₹64,385 per month. This is based on the average salary range of ₹4.2 Lakhs to ₹15.3 Lakhs per year for employees with experience ranging from Fresher to 3 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 6 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America for Associate Analyst in India?

Deutsche Bank	₹13.1 Lakhs to ₹27.0 Lakhs per year
Barclays	₹6.9 Lakhs to ₹11.4 Lakhs per year
ANZ Banking Group	₹4.6 Lakhs to ₹13.0 Lakhs per year
HDFC Bank	₹6.0 Lakhs to ₹15.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

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

The salary of a Associate Analyst at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Global Banking and Markets	₹5.2 Lakhs to ₹8.9 Lakhs per year
Standard Chartered	₹3.5 Lakhs to ₹14.6 Lakhs per year
State Bank of India	₹7.0 Lakhs to ₹8.2 Lakhs per year
Federal Bank	₹6.0 Lakhs to ₹7.3 Lakhs per year
IndusInd Bank	₹3.5 Lakhs to ₹8.0 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 Associate Analyst at Bank of America in India?

The salary growth for a Associate Analyst at Bank of America depends on factors such as experience, performance, and promotions. On average, a Associate Analyst can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
Fresher	₹8.2 Lakhs to ₹17.5 Lakhs per year
1 year	₹4.7 Lakhs to ₹17.7 Lakhs per year
2 years	₹2.9 Lakhs to ₹12.0 Lakhs per year
3 years	₹4.2 Lakhs to ₹8.6 Lakhs per year

and so on.

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Bank of America Associate Analyst Salaries

Bank of America Associate Analyst salary in India ranges between ₹4.2 Lakhs to ₹15.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bank of America latest salaries received from various employees of Bank of America.