Bank of America Mumbai Associate Vice President Salaries by 10+ Employees (Updated 2025)

12 - 19 years exp.

₹35 Lakhs - ₹48 Lakhs

Salary of majority employees

31% more than the average Associate Vice President Salary in Banking Companies for 12 - 19 years of experience

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Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 13 - 16 years exp. (3 salaries)	₹39.5 L/yr - ₹47 L/yr
Customer Success, Service & Operations Associate Vice President Salary 14 - 19 years exp. (3 salaries)	₹36.5 L/yr - ₹40 L/yr
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IT & Information Security Associate Vice President Salary 12 - 14 years exp. (3 salaries)	₹35 L/yr - ₹38.6 L/yr
Engineering - Software & QA Associate Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹40.5 L/yr - ₹44.1 L/yr
Project & Program Management Associate Vice President Salary 14 years exp. (AmbitionBox Estimate)	₹36 L/yr - ₹45 L/yr

Last Updated: 13 Aug 2024

Companies similar to Bank of America for Associate Vice President in Mumbai

Bank of America Associate Vice President Salary

12 - 19 years exp. (13 salaries)

₹35 L/yr - ₹48 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Associate Vice President Salary 5 - 20 years exp. (631 salaries)	₹13 L/yr - ₹45 L/yr 23% less	1 job opening
Goldman Sachs Associate Vice President Salary 3 - 15 years exp. (3 salaries)	₹27 L/yr - ₹34.1 L/yr 19% less	1 job opening
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Morgan Stanley Associate Vice President Salary 8 - 14 years exp. (47 salaries)	₹12.7 L/yr - ₹36 L/yr 30% less
HSBC Group Associate Vice President Salary 4 - 17 years exp. (119 salaries)	₹8.9 L/yr - ₹35 L/yr 47% less	3 job openings
UBS Associate Vice President Salary 8 - 17 years exp. (91 salaries)	₹17.2 L/yr - ₹45 L/yr 19% less
IndusInd Bank Associate Vice President Salary 5 - 20 years exp. (138 salaries)	₹9 L/yr - ₹28.5 L/yr 54% less
HDFC Bank Associate Vice President Salary 8 - 21 years exp. (133 salaries)	₹13.5 L/yr - ₹40 L/yr 30% less
Yes Bank Associate Vice President Salary 6 - 15 years exp. (76 salaries)	₹10.3 L/yr - ₹27.5 L/yr 55% less
Deutsche Bank Associate Vice President Salary 8 - 17 years exp. (66 salaries)	₹15.5 L/yr - ₹45 L/yr 14% less	1 job opening
RBL Bank Associate Vice President Salary 7 - 18 years exp. (57 salaries)	₹11 L/yr - ₹22 L/yr 59% less

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Associate Vice President salary at Bank of America ranges between ₹35 Lakhs to ₹48 Lakhs per year for employees with experience between 12 years to 19 years. Salary estimates are based on 13 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Associate Vice President salaries in Mumbai

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹35 L/yr - ₹69.2 L/yr
13 years (3 salaries)	₹35 L/yr - ₹47 L/yr
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14 years (5 salaries)	₹35 L/yr - ₹48 L/yr
15+ years (4 salaries)	₹38 L/yr - ₹46 L/yr

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Salary related reviews for Bank of America

5.0

Rated by 2 employees for salary & benefits

Associate Vice President in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

3.0

• posted on 24 Oct 2023

4.0

for Salary and Benefits

Likes

Good salary, Networking is encouraged (too much sometimes!), Volunteering activities.

Dislikes

Company culture specially the bhai-bandi attitude between old timers, very BPO kind of environment, tenure and connection is more relevant than the skill of a person (specially new joiners)

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

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.

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.

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

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.

Dislikes

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

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Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Bank of America Associate Vice President Salary FAQs

What is the salary of Associate Vice President at Bank of America Mumbai?

Associate Vice President salary at Bank of America in Mumbai ranges between ₹35.0 Lakhs to ₹48.0 Lakhs for experience between 12 years to 19 years. According to our estimates it is 31% more than the average Associate Vice President Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Bank of America Mumbai.

How does the salary of a Associate Vice President at Bank of America Mumbai compare with the average salary range for this job?

The average salary of a Associate Vice President at Bank of America is 31% more than the average salary of a Associate Vice President in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Associate Vice President in Mumbai?

Standard Chartered Associate Vice President Salary - ₹22.1 Lakhs to ₹50.0 Lakhs per year

What is the salary of a Associate Vice President in companies similar to Bank of America in Mumbai?

Deutsche Bank Associate Vice President Salary - ₹15.5 Lakhs to ₹45.0 Lakhs per year
Barclays Associate Vice President Salary - ₹21.0 Lakhs to ₹39.8 Lakhs per year
UBS Associate Vice President Salary - ₹17.2 Lakhs to ₹45.0 Lakhs per year
Goldman Sachs Associate Vice President Salary - ₹27.0 Lakhs to ₹34.1 Lakhs per year
JPMorgan Chase & Co. Associate Vice President Salary - ₹13.0 Lakhs to ₹45.0 Lakhs per year

What is the estimated take home salary of a Associate Vice President at Bank of America in Mumbai?

The estimated take-home salary of a Associate Vice President at Bank of America ranges between ₹2,39,863 per month to ₹2,49,571 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Associate Vice President salary in India which ranges between ₹35.0 Lakhs to ₹48.0 Lakhs per year for employees with experience between 12 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Associate Vice President at Bank of America in Mumbai?

According to AmbitionBox, 50% of the Bank of America Associate Vice Presidents in Mumbai reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Bank of America Associate Vice President Salaries in Mumbai

Bank of America Associate Vice President salary in Mumbai ranges between ₹35 Lakhs to ₹48 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bank of America latest salaries received from various employees of Bank of America.