Bank of America Mumbai Associate Vice President Salaries by 10+ Employees

13 - 19 years exp.

₹35 Lakhs - ₹48 Lakhs

Avg. annual salary

Monthly In-hand Salary

27% more than the average Associate Vice President Salary in Banking Companies for 13 - 19 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Associate Vice President Salary 13 - 16 years exp. (3 salaries)	₹39.8 L/yr - ₹47 L/yr
Customer Success, Service & Operations Associate Vice President Salary 14 - 19 years exp. (3 salaries)	₹36.5 L/yr - ₹39 L/yr
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IT & Information Security Associate Vice President Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹35 L/yr - ₹36.7 L/yr
Engineering - Software & QA Associate Vice President Salary 17 years exp. (AmbitionBox Estimate)	₹40.5 L/yr - ₹42.8 L/yr
Project & Program Management Associate Vice President Salary 14 years exp. (AmbitionBox Estimate)	₹36.3 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

13 - 19 years exp. (12 salaries)

₹35 L/yr - ₹48 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Associate Vice President Salary 8 - 19 years exp. (132 salaries)	₹13.5 L/yr - ₹39 L/yr 31% less
IndusInd Bank Associate Vice President Salary 5 - 18 years exp. (114 salaries)	₹7.7 L/yr - ₹30 L/yr 52% less
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Deutsche Bank Associate Vice President Salary 8 - 17 years exp. (83 salaries)	₹15.5 L/yr - ₹45 L/yr 14% less	1 job opening
Yes Bank Associate Vice President Salary 5 - 15 years exp. (79 salaries)	₹11.5 L/yr - ₹26 L/yr 54% less
RBL Bank Associate Vice President Salary 7 - 18 years exp. (53 salaries)	₹11 L/yr - ₹23 L/yr 57% less
IDFC FIRST Bank Associate Vice President Salary 8 - 18 years exp. (47 salaries)	₹14 L/yr - ₹39 L/yr 31% less
HSBC Bank Associate Vice President Salary 7 - 15 years exp. (45 salaries)	₹8 L/yr - ₹21.5 L/yr 64% less
Federal Bank Associate Vice President Salary 7 - 15 years exp. (36 salaries)	₹22 L/yr - ₹37 L/yr 24% less
Barclays Associate Vice President Salary 8 - 16 years exp. (27 salaries)	₹21 L/yr - ₹39.8 L/yr 13% less
NatWest Group Associate Vice President Salary 8 - 18 years exp. (27 salaries)	₹20 L/yr - ₹43 L/yr 23% less
Standard Chartered Associate Vice President Salary 11 - 20 years exp. (15 salaries)	₹22.1 L/yr - ₹50 L/yr 3% more
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AU Small Finance Bank Associate Vice President Salary 6 - 20 years exp. (15 salaries)	₹16.3 L/yr - ₹30 L/yr 46% less	1 job opening
ICICI Bank Associate Vice President Salary 5 - 16 years exp. (12 salaries)	₹18 L/yr - ₹35 L/yr 39% less
Jana Small Finance Bank Associate Vice President Salary 12 - 19 years exp. (12 salaries)	₹8.1 L/yr - ₹19.3 L/yr 64% less
DCB Bank Associate Vice President Salary 12 - 21 years exp. (11 salaries)	₹15.5 L/yr - ₹20.7 L/yr 48% less
HSBC Global Banking and Markets Associate Vice President Salary 10 - 20 years exp. (7 salaries)	₹16.5 L/yr - ₹29.6 L/yr 34% less
State Bank of India Associate Vice President Salary 2 - 12 years exp. (5 salaries)	₹10 L/yr - ₹19.8 L/yr 66% less
Utkarsh Small Finance Bank Associate Vice President Salary 15 - 21 years exp. (4 salaries)	₹16 L/yr - ₹20.4 L/yr 55% less
Chase Bank Associate Vice President Salary 13 - 15 years exp. (3 salaries)	₹24 L/yr - ₹28 L/yr 32% less

Associate Vice President salary at Bank of America ranges between ₹35 Lakhs to ₹48 Lakhs per year for employees with experience between 13 years to 19 years. Salary estimates are based on 12 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
13 years (3 salaries)	₹35 L/yr - ₹47 L/yr
14 years (5 salaries)	₹35 L/yr - ₹48 L/yr
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15+ years (4 salaries)	₹38 L/yr - ₹46 L/yr

From

Associate Vice President

13 - 20 years exp.

Vice President

12 - 25 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Salary related reviews for Bank of America

5.0

Rated by 1 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.

Salary - Good

+1 more

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)

Company culture - Poor

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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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Associate Vice President Salary FAQs

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

The average salary of a Associate Vice President at Bank of America in Mumbai typically ranges from ₹35.0 Lakhs to ₹48.0 Lakhs per year, depending on experience (from 13 years to 19 years).

The top 10% of Associate Vice President in Mumbai at Bank of America earn more than ₹47.3 Lakhs per year, and the top 1% earn over ₹48.0 Lakhs per year. Associate Vice President 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 10+ Bank of America employees in India.

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 in Mumbai typically ranges from ₹2,35,696 to ₹2,45,216 per month. This is based on the average salary range of ₹35.0 Lakhs to ₹48.0 Lakhs per year for employees with experience ranging from 13 years to 19 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 10+ 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 Vice President in India?

Standard Chartered

₹22.1 Lakhs to ₹50.0 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 Vice President in companies similar to Bank of America in Mumbai?

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

Barclays	₹21.0 Lakhs to ₹39.8 Lakhs per year
Deutsche Bank	₹15.5 Lakhs to ₹45.0 Lakhs per year
NatWest Group	₹20.0 Lakhs to ₹43.0 Lakhs per year
Federal Bank	₹22.0 Lakhs to ₹37.0 Lakhs per year
IDFC FIRST Bank	₹14.0 Lakhs to ₹39.0 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 Vice President at Bank of America in Mumbai?

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

Experience	Average Salary Range
13 years	₹35.0 Lakhs to ₹47.0 Lakhs per year
14 years	₹35.0 Lakhs to ₹48.0 Lakhs per year
15 years	₹38.0 Lakhs to ₹46.0 Lakhs per year

and so on.

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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 12 Bank of America latest salaries received from various employees of Bank of America.