Bank of America Chennai AVP Salaries by 10+ Employees (Updated 2025)

12 - 20 years exp.

₹16.9 Lakhs - ₹49.8 Lakhs

Salary of majority employees

21% more than the average AVP Salary in Banking Companies for 12 - 20 years of experience

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Salaries in different departments

Engineering - Software & QA AVP Salary 15 - 19 years exp. (4 salaries)	₹30 L/yr - ₹39.1 L/yr
Project & Program Management AVP Salary 12 - 20 years exp. (4 salaries)	₹16.9 L/yr - ₹36.5 L/yr
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IT & Information Security AVP Salary 17 years exp. (AmbitionBox Estimate)	₹24.4 L/yr - ₹40 L/yr
Risk Management & Compliance AVP Salary 17 years exp. (AmbitionBox Estimate)	₹28.7 L/yr - ₹34 L/yr

Last Updated: 28 Feb 2025

Companies similar to Bank of America for AVP in Chennai

Bank of America AVP Salary

12 - 20 years exp. (15 salaries)

₹16.9 L/yr - ₹49.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Wells Fargo AVP Salary 9 - 16 years exp. (11 salaries)	₹16.5 L/yr - ₹31.2 L/yr 19% less
HSBC Group AVP Salary 9 - 16 years exp. (9 salaries)	₹15.5 L/yr - ₹38 L/yr 15% less
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Barclays AVP Salary 7 - 18 years exp. (76 salaries)	₹16 L/yr - ₹40 L/yr 13% less
IndusInd Bank AVP Salary 11 - 17 years exp. (14 salaries)	₹11.3 L/yr - ₹21.5 L/yr 55% less
Equitas Small Finance Bank AVP Salary 11 - 21 years exp. (13 salaries)	₹9 L/yr - ₹19 L/yr 58% less
Standard Chartered AVP Salary 14 - 18 years exp. (13 salaries)	₹25 L/yr - ₹45 L/yr 11% more
NatWest Group AVP Salary 10 - 17 years exp. (13 salaries)	₹18.4 L/yr - ₹28 L/yr 28% less
HDFC Bank AVP Salary 13 - 20 years exp. (8 salaries)	₹15 L/yr - ₹26.5 L/yr 28% less
RBL Bank AVP Salary 12 - 19 years exp. (5 salaries)	₹12 L/yr - ₹23 L/yr 43% less
IDFC FIRST Bank AVP Salary 10 - 15 years exp. (5 salaries)	₹18.5 L/yr - ₹35 L/yr 16% less
Yes Bank AVP Salary 6 - 15 years exp. (4 salaries)	₹12 L/yr - ₹20 L/yr 56% less
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DCB Bank AVP Salary 18 - 20 years exp. (3 salaries)	₹18.7 L/yr - ₹23 L/yr 44% less

AVP salary at Bank of America ranges between ₹16.9 Lakhs to ₹49.8 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 15 latest salaries received from various employees of Bank of America.

Experience wise Bank of America AVP salaries in Chennai

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹16.9 L/yr - ₹54.4 L/yr
13 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹56.5 L/yr
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14 years (AmbitionBox Estimate)	₹29 L/yr - ₹58.5 L/yr
15+ years (11 salaries)	₹24.4 L/yr - ₹49.8 L/yr

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Salary related reviews for Bank of America

5.0

Rated by 1 employees for salary & benefits

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Job security - Good

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Salary - Bad

+3 more

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Skill development - Bad

+4 more

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Job security - Excellent

+3 more

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

Team Developer in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 28 Sep 2023

3.0

for Salary and Benefits

Likes

I like the facilities they give to make a good environment and maintain employees trust for the bank, Nice peers who can guide you for different things also apart from work.

Job security - Excellent

+3 more

Dislikes

...s bonus per year. No festive gifts are provided. In short less budget they have. If someone leave the bank will be the Salary and bonus reason.

Team Developer in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Oct 2023

3.0

for Salary and Benefits

Likes

One of the best companies to work with mainly for women its the best go for it without a second thought ,bofa made me to learn all the things it's the best one to hold one's future

Skill development - Good

+3 more

Dislikes

Salary hikes are not that great but by default you will get minimum 6 percent hike

Promotions - Poor

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of America AVP Salary FAQs

What is the salary of AVP at Bank of America Chennai?

AVP salary at Bank of America in Chennai ranges between ₹16.9 Lakhs to ₹49.8 Lakhs for experience between 12 years to 20 years. According to our estimates it is 21% more than the average AVP Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Bank of America Chennai.

How does the salary of a AVP at Bank of America Chennai compare with the average salary range for this job?

The average salary of a AVP at Bank of America is 21% more than the average salary of a AVP in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a AVP in Chennai?

Standard Chartered AVP Salary - ₹25.0 Lakhs to ₹45.0 Lakhs per year

What is the salary of a AVP in companies similar to Bank of America in Chennai?

Barclays AVP Salary - ₹16.0 Lakhs to ₹40.0 Lakhs per year
HSBC Group AVP Salary - ₹15.5 Lakhs to ₹38.0 Lakhs per year
IDFC FIRST Bank AVP Salary - ₹18.5 Lakhs to ₹35.0 Lakhs per year
Wells Fargo AVP Salary - ₹16.5 Lakhs to ₹31.2 Lakhs per year
HDFC Bank AVP Salary - ₹15.0 Lakhs to ₹26.5 Lakhs per year

What is the estimated take home salary of a AVP at Bank of America in Chennai?

The estimated take-home salary of a AVP at Bank of America ranges between ₹2,10,405 per month to ₹2,18,782 per month in Chennai. The take-home salary calculation is based on the average Bank of America AVP salary in India which ranges between ₹16.9 Lakhs to ₹49.8 Lakhs per year for employees with experience between 12 years to 20 years. Check how did we calculate take home salary?

What is the notice period for AVP at Bank of America in Chennai?

According to AmbitionBox, 80% of the Bank of America AVPs in Chennai reported a notice period of 2 Months, 20% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of America AVP salary in Chennai ranges between ₹16.9 Lakhs to ₹49.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 15 Bank of America latest salaries received from various employees of Bank of America.