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

0 - 10 years exp.

₹6 Lakhs - ₹19 Lakhs

Low Confidence

Salary of majority employees

105% more than the average Associate Software Engineer Salary in Banking Companies for 0 - 10 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Bank of America for Associate Software Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Associate Software Engineer Salary 3 - 12 years exp. (889 salaries)	₹12.5 L/yr - ₹42.5 L/yr 121% more
Wells Fargo Associate Software Engineer Salary 1 - 10 years exp. (25 salaries)	₹4.3 L/yr - ₹20.7 L/yr 2% more
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Goldman Sachs Associate Software Engineer Salary 2 - 5 years exp. (60 salaries)	₹19.9 L/yr - ₹48 L/yr 168% more	2 job openings
Morgan Stanley Associate Software Engineer Salary 0 - 3 years exp. (13 salaries)	₹8.6 L/yr - ₹28.5 L/yr 36% more
HSBC Group Associate Software Engineer Salary 0 - 4 years exp. (9 salaries)	₹9 L/yr - ₹11.5 L/yr 13% less
UBS Associate Software Engineer Salary 0 - 3 years exp. (4 salaries)	₹3.6 L/yr - ₹13.4 L/yr 37% less
Deutsche Bank Associate Software Engineer Salary 2 - 8 years exp. (112 salaries)	₹15 L/yr - ₹29 L/yr 93% more
IDBI Bank Associate Software Engineer Salary 2 - 4 years exp. (13 salaries)	₹7 L/yr - ₹18 L/yr 9% more
DCB Bank Associate Software Engineer Salary 0 - 3 years exp. (8 salaries)	₹4.5 L/yr - ₹5 L/yr 61% less
NatWest Group Associate Software Engineer Salary 0 - 8 years exp. (8 salaries)	₹11.5 L/yr - ₹21 L/yr 51% more
Standard Chartered Associate Software Engineer Salary 0 - 3 years exp. (7 salaries)	₹3.3 L/yr - ₹8.4 L/yr 55% less
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ICICI Bank Associate Software Engineer Salary 1 - 3 years exp. (5 salaries)	₹3.5 L/yr - ₹4.7 L/yr 64% less
Barclays Associate Software Engineer Salary 0 - 7 years exp. (5 salaries)	₹8 L/yr - ₹21 L/yr 21% more
ANZ Banking Group Associate Software Engineer Salary 0 - 6 years exp. (4 salaries)	₹3 L/yr - ₹22 L/yr 9% less
HDFC Bank Associate Software Engineer Salary 2 years exp. (3 salaries)	₹3.5 L/yr - ₹6.5 L/yr 61% less
IDFC FIRST Bank Associate Software Engineer Salary 0 - 6 years exp. (3 salaries)	₹7 L/yr - ₹18 L/yr 18% more

Associate Software Engineer salary at Bank of America ranges between ₹6 Lakhs to ₹19 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Associate Software Engineer salaries

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹6 L/yr - ₹6 L/yr
1 year (AmbitionBox Estimate)	₹2.5 L/yr - ₹7.1 L/yr
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2 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹16.1 L/yr
4 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
5 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹13.5 L/yr
6 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr
8 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.2 L/yr
9 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
10 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹19 L/yr

View all

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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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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!

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Bank of America Associate Software Engineer Salary FAQs

What is the salary of Associate Software Engineer at Bank of America?

Associate Software Engineer salary at Bank of America in India ranges between ₹6.0 Lakhs to ₹19.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 105% more than the average Associate Software Engineer 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 Software Engineer at Bank of America India compare with the average salary range for this job?

The average salary of a Associate Software Engineer at Bank of America is 105% more than the average salary of a Associate Software Engineer in India. To know exact salary insights, login to view.

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

Goldman Sachs Associate Software Engineer Salary - ₹19.9 Lakhs to ₹48.0 Lakhs per year
JPMorgan Chase & Co. Associate Software Engineer Salary - ₹12.5 Lakhs to ₹42.5 Lakhs per year
Deutsche Bank Associate Software Engineer Salary - ₹15.0 Lakhs to ₹29.0 Lakhs per year
NatWest Group Associate Software Engineer Salary - ₹11.5 Lakhs to ₹21.0 Lakhs per year
Morgan Stanley Associate Software Engineer Salary - ₹8.6 Lakhs to ₹28.5 Lakhs per year

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

Barclays Associate Software Engineer Salary - ₹8.0 Lakhs to ₹21.0 Lakhs per year
IDFC FIRST Bank Associate Software Engineer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Associate Software Engineer Salary - ₹7.0 Lakhs to ₹18.0 Lakhs per year
Wells Fargo Associate Software Engineer Salary - ₹4.3 Lakhs to ₹20.7 Lakhs per year
ANZ Banking Group Associate Software Engineer Salary - ₹3.0 Lakhs to ₹22.0 Lakhs per year

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

The estimated take-home salary of a Associate Software Engineer at Bank of America ranges between ₹84,123 per month to ₹86,323 per month in India. The take-home salary calculation is based on the average Bank of America Associate Software Engineer salary in India which ranges between ₹6.0 Lakhs to ₹19.0 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 Software Engineer at Bank of America?

According to AmbitionBox, 100% of the Bank of America Associate Software Engineers 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 Software Engineer Salaries

Bank of America Associate Software Engineer salary in India ranges between ₹6 Lakhs to ₹19 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.