Bank of America Mumbai AVP Salaries by 20+ Employees (Updated 2025)

12 - 20 years exp.

₹21.9 Lakhs - ₹59 Lakhs

Salary of majority employees

23% more than the average AVP Salary in Banking Companies for 12 - 20 years of experience

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Salaries in different departments

BFSI, Investments & Trading AVP Salary 14 - 17 years exp. (3 salaries)	₹21.9 L/yr - ₹38.5 L/yr
Finance & Accounting AVP Salary 13 - 15 years exp. (3 salaries)	₹38 L/yr - ₹44.1 L/yr
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Project & Program Management AVP Salary 17 - 19 years exp. (3 salaries)	₹30 L/yr - ₹45 L/yr
Data Science & Analytics AVP Salary 16 - 17 years exp. (AmbitionBox Estimate)	₹35.5 L/yr - ₹50 L/yr
Engineering - Software & QA AVP Salary 13 - 16 years exp. (AmbitionBox Estimate)	₹26.2 L/yr - ₹40 L/yr

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Last Updated: 1 Mar 2025

Companies similar to Bank of America for AVP in Mumbai

Bank of America AVP Salary

12 - 20 years exp. (22 salaries)

₹21.9 L/yr - ₹59 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank AVP Salary 10 - 21 years exp. (152 salaries)	₹15 L/yr - ₹40 L/yr 26% less
Deutsche Bank AVP Salary 8 - 19 years exp. (130 salaries)	₹22.3 L/yr - ₹48 L/yr 10% less
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IndusInd Bank AVP Salary 6 - 19 years exp. (100 salaries)	₹9.1 L/yr - ₹29 L/yr 54% less
Yes Bank AVP Salary 6 - 18 years exp. (94 salaries)	₹11 L/yr - ₹22 L/yr 57% less
Barclays AVP Salary 8 - 18 years exp. (56 salaries)	₹19 L/yr - ₹44 L/yr 13% less
RBL Bank AVP Salary 7 - 20 years exp. (43 salaries)	₹12 L/yr - ₹23.8 L/yr 54% less
IDFC FIRST Bank AVP Salary 10 - 19 years exp. (43 salaries)	₹16 L/yr - ₹35 L/yr 29% less
NatWest Group AVP Salary 12 - 17 years exp. (11 salaries)	₹27 L/yr - ₹53 L/yr 14% less
AU Small Finance Bank AVP Salary 8 - 17 years exp. (9 salaries)	₹12.8 L/yr - ₹27 L/yr 46% less
HSBC Bank AVP Salary 5 - 11 years exp. (6 salaries)	₹8.8 L/yr - ₹21.4 L/yr 56% less
Federal Bank AVP Salary 15 - 16 years exp. (4 salaries)	₹30 L/yr - ₹40 L/yr 6% less
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State Bank of India AVP Salary 4 - 14 years exp. (4 salaries)	₹7 L/yr - ₹22.3 L/yr 59% less

AVP salary at Bank of America ranges between ₹21.9 Lakhs to ₹59 Lakhs per year for employees with experience between 12 years to 20 years. Salary estimates are based on 22 latest salaries received from various employees of Bank of America.

Experience wise Bank of America AVP salaries in Mumbai

Last Updated: 1 Mar 2025

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹25 L/yr - ₹58.6 L/yr
13 years (AmbitionBox Estimate)	₹26.2 L/yr - ₹38 L/yr
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14 years (3 salaries)	₹21.9 L/yr - ₹44.1 L/yr
15+ years (15 salaries)	₹21.9 L/yr - ₹59 L/yr

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Salary related reviews for Bank of America

5.0

Rated by 2 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

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of America AVP Salary FAQs

What is the salary of AVP at Bank of America in Mumbai?

The average salary of a AVP at Bank of America in Mumbai typically ranges from ₹21.9 Lakhs to ₹59.0 Lakhs per year, depending on experience (from 12 years to 20 years).

The top 10% of AVP in Mumbai at Bank of America earn more than ₹50.0 Lakhs per year, and the top 1% earn over ₹59.0 Lakhs per year. AVP 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 20+ Bank of America employees in India.

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

The estimated take-home salary of a AVP at Bank of America in Mumbai typically ranges from ₹2,20,378 to ₹2,29,206 per month. This is based on the average salary range of ₹21.9 Lakhs to ₹59.0 Lakhs per year for employees with experience ranging from 12 years to 20 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 20+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

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

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

Federal Bank	₹30.0 Lakhs to ₹40.0 Lakhs per year
Deutsche Bank	₹22.3 Lakhs to ₹48.0 Lakhs per year
Barclays	₹19.0 Lakhs to ₹44.0 Lakhs per year
NatWest Group	₹27.0 Lakhs to ₹53.0 Lakhs per year
HDFC Bank	₹15.0 Lakhs to ₹40.0 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 AVP at Bank of America in Mumbai?

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

Experience	Average Salary Range
12 years	₹25.0 Lakhs to ₹58.6 Lakhs per year
13 years	₹26.2 Lakhs to ₹38.0 Lakhs per year
14 years	₹21.9 Lakhs to ₹44.1 Lakhs per year
15 years	₹21.9 Lakhs to ₹59.0 Lakhs per year

and so on.

Tell us how to improve this page.

Bank of America AVP salary in Mumbai ranges between ₹21.9 Lakhs to ₹59 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Bank of America latest salaries received from various employees of Bank of America.