Bank of America Chennai Associate Software Engineer Salaries by 3 Employees

3 - 10 years exp.

₹6 Lakhs - ₹19 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

165% more than the average Associate Software Engineer Salary in Banking Companies for 3 - 10 years of experience

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Last Updated: 15 Mar 2023

Companies similar to Bank of America for Associate Software Engineer in Chennai

Bank of America Associate Software Engineer Salary

3 - 10 years exp. (3 salaries)

₹6 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
DCB Bank Associate Software Engineer Salary 0 - 3 years exp. (4 salaries)	₹4.5 L/yr - ₹4.8 L/yr 65% less
Standard Chartered Associate Software Engineer Salary 1 - 4 years exp. (4 salaries)	₹3.3 L/yr - ₹4.7 L/yr 65% less
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Hexaware Technologies Associate Software Engineer Salary 0 - 4 years exp. (659 salaries)	₹2.4 L/yr - ₹7.5 L/yr 63% less
Accenture Associate Software Engineer Salary 0 - 5 years exp. (620 salaries)	₹2 L/yr - ₹6.1 L/yr 63% less
Tech Mahindra Associate Software Engineer Salary 0 - 5 years exp. (524 salaries)	₹2.1 L/yr - ₹8 L/yr 70% less

Associate Software Engineer salary at Bank of America ranges between ₹6 Lakhs to ₹19 Lakhs per year for employees with experience between 3 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Associate Software Engineer salaries in Chennai

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
7 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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10 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.9 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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1w (edited)

an inside sales executive

Unexpected job policies: stay or switch?

I recently switched jobs with a 48% hike, and my current in-hand salary is ₹35K. But after joining, I realized a few important things that weren’t mentioned during the interview. 1. No Phones or Bags Allowed – We have to keep them in lockers, which I wasn’t informed about before joining. 2. Working Saturdays – HR said all Saturdays are working but assured that one Saturday off per month would be introduced soon. I can't see that happening anytime soon 3. Phone Policy Confusion – When I asked HR why this wasn’t discussed earlier, they said it’s only for two months and won’t be the case at the new location (which was discussed earlier). But some old employees say the same rule applies there too. 4. Leaves – We get 21 paid leaves a year. I’m already thinking of switching. Would it be too soon to leave within 3 months, or should I stay for at least 6 months? Also, since I just got a good hike, how much can I ask for in my next job?

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Bank of America Associate Software Engineer Salary FAQs

How the salary growth look like for a Associate Software Engineer at Bank of America in Chennai?

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

Experience	Average Salary Range
3 years	₹5.4 Lakhs to ₹6.9 Lakhs per year
7 years	₹13.5 Lakhs to ₹17.2 Lakhs per year
10 years	₹17.1 Lakhs to ₹21.9 Lakhs per year

and so on.

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Bank of America Associate Software Engineer Salaries in Chennai

Bank of America Associate Software Engineer salary in Chennai ranges between ₹6 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of America latest salaries received from various employees of Bank of America.