Bank of America Associate Consultant Salaries by 5 Employees (Updated 2025)

0 - 3 years exp.

₹5.5 Lakhs - ₹9.8 Lakhs

Low Confidence

Salary of majority employees

8% less than the average Associate Consultant Salary in Banking Companies for 0 - 3 years of experience

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Last Updated: 2 Mar 2024

Companies similar to Bank of America for Associate Consultant

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Associate Consultant Salary 3 - 12 years exp. (98 salaries)	₹12 L/yr - ₹35 L/yr 121% more
Wells Fargo Associate Consultant Salary 0 - 11 years exp. (18 salaries)	₹2.8 L/yr - ₹16.3 L/yr 2% less
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Goldman Sachs Associate Consultant Salary 0 - 6 years exp. (18 salaries)	₹14.5 L/yr - ₹26 L/yr 56% more
Morgan Stanley Associate Consultant Salary 0 - 8 years exp. (23 salaries)	₹4.7 L/yr - ₹12.2 L/yr 10% less
HSBC Group Associate Consultant Salary 0 - 10 years exp. (5 salaries)	₹9 L/yr - ₹11.5 L/yr 18% more
UBS Associate Consultant Salary 3 - 7 years exp. (9 salaries)	₹6 L/yr - ₹18.5 L/yr 35% more
IDFC FIRST Bank Associate Consultant Salary 0 - 4 years exp. (44 salaries)	₹2 L/yr - ₹4.2 L/yr 70% less
ICICI Bank Associate Consultant Salary 0 - 5 years exp. (15 salaries)	₹2 L/yr - ₹6.6 L/yr 63% less
Deutsche Bank Associate Consultant Salary 8 - 15 years exp. (14 salaries)	₹13.5 L/yr - ₹27 L/yr 109% more
Standard Chartered Associate Consultant Salary 1 - 6 years exp. (12 salaries)	₹2 L/yr - ₹10 L/yr 29% less
Barclays Associate Consultant Salary 2 - 5 years exp. (4 salaries)	₹5 L/yr - ₹7 L/yr 36% less
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State Bank of India Associate Consultant Salary 1 - 2 years exp. (5 salaries)	₹2.1 L/yr - ₹3 L/yr 71% less
NatWest Group Associate Consultant Salary 0 - 7 years exp. (5 salaries)	₹5.2 L/yr - ₹26 L/yr 54% more
HDFC Bank Associate Consultant Salary 0 - 3 years exp. (4 salaries)	₹11.1 L/yr - ₹18 L/yr 20% more
RBL Bank Associate Consultant Salary 1 - 8 years exp. (4 salaries)	₹2.2 L/yr - ₹9 L/yr 46% less
IndusInd Bank Associate Consultant Salary 0 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹9.5 L/yr 42% less
Yes Bank Associate Consultant Salary 2 - 6 years exp. (3 salaries)	₹4.5 L/yr - ₹6.5 L/yr 51% less
ANZ Banking Group Associate Consultant Salary 0 - 3 years exp. (3 salaries)	₹4.2 L/yr - ₹8 L/yr 29% less

Associate Consultant salary at Bank of America ranges between ₹5.5 Lakhs to ₹9.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Associate Consultant salaries

Last Updated: 2 Mar 2024

Experience	Avg Annual Salary
Fresher (3 salaries)	₹5.5 L/yr - ₹17.6 L/yr
1 year (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
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2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹16.5 L/yr
3 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹9.5 L/yr

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Salary related reviews for Bank of America

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

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

see more salary related reviews

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Bank of America Associate Consultant Salary FAQs

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

Associate Consultant salary at Bank of America in India ranges between ₹5.5 Lakhs to ₹9.8 Lakhs for less than 1 year of experience to 3 years. According to our estimates it is 8% less than the average Associate Consultant Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bank of America India.

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

The average salary of a Associate Consultant at Bank of America is 8% less than the average salary of a Associate Consultant in India. To know exact salary insights, login to view.

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

JPMorgan Chase & Co. Associate Consultant Salary - ₹12.0 Lakhs to ₹35.0 Lakhs per year
Deutsche Bank Associate Consultant Salary - ₹13.5 Lakhs to ₹27.0 Lakhs per year
Goldman Sachs Associate Consultant Salary - ₹14.5 Lakhs to ₹26.0 Lakhs per year
NatWest Group Associate Consultant Salary - ₹5.2 Lakhs to ₹26.0 Lakhs per year
UBS Associate Consultant Salary - ₹6.0 Lakhs to ₹18.5 Lakhs per year

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

HDFC Bank Associate Consultant Salary - ₹11.1 Lakhs to ₹18.0 Lakhs per year
HSBC Group Associate Consultant Salary - ₹9.0 Lakhs to ₹11.5 Lakhs per year
Wells Fargo Associate Consultant Salary - ₹2.8 Lakhs to ₹16.3 Lakhs per year
Morgan Stanley Associate Consultant Salary - ₹4.7 Lakhs to ₹12.2 Lakhs per year
ANZ Banking Group Associate Consultant Salary - ₹4.2 Lakhs to ₹8.0 Lakhs per year

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

The estimated take-home salary of a Associate Consultant at Bank of America ranges between ₹68,912 per month to ₹70,680 per month in India. The take-home salary calculation is based on the average Bank of America Associate Consultant salary in India which ranges between ₹5.5 Lakhs to ₹9.8 Lakhs per year for employees with less than 1 year of experience to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bank of America Associate Consultants reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of America Associate Consultant Salaries

Bank of America Associate Consultant salary in India ranges between ₹5.5 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.