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Bank of America AVP salaries in Mumbai (Updated 2025)

Annual salary range
12 - 20 years exp.
₹21.9 Lakhs - ₹59 Lakhs
Salary of majority employees
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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)
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₹21.9 L/yr - ₹38.5 L/yr

Finance & Accounting
AVP Salary
13 - 15 years exp. (3 salaries)
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₹38 L/yr - ₹44.1 L/yr

Project & Program Management
AVP Salary
17 - 19 years exp. (3 salaries)
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₹30 L/yr - ₹45 L/yr

Data Science & Analytics
AVP Salary
16 - 17 years exp. (AmbitionBox Estimate)
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₹35.5 L/yr - ₹50 L/yr

Engineering - Software & QA
AVP Salary
13 - 16 years exp. (AmbitionBox Estimate)
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₹26.2 L/yr - ₹40 L/yr

View all

Last Updated: 1 Mar 2025

Companies similar to Bank of America for AVP in Mumbai

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Bank of America AVP Salary

12 - 20 years exp. (22 salaries)

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₹21.9 L/yr - ₹59 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HDFC Bank AVP Salary

10 - 21 years exp. (152 salaries)

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₹15 L/yr - ₹40 L/yr

arrow icon 26% less
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Deutsche Bank AVP Salary

8 - 19 years exp. (130 salaries)

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₹22.3 L/yr - ₹48 L/yr

arrow icon 10% less
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IndusInd Bank AVP Salary

6 - 19 years exp. (100 salaries)

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₹9.1 L/yr - ₹29 L/yr

arrow icon 54% less
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Yes Bank AVP Salary

6 - 18 years exp. (94 salaries)

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₹11 L/yr - ₹22 L/yr

arrow icon 57% less
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Barclays AVP Salary

8 - 18 years exp. (56 salaries)

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₹19 L/yr - ₹44 L/yr

arrow icon 13% less
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RBL Bank AVP Salary

7 - 20 years exp. (43 salaries)

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₹12 L/yr - ₹23.8 L/yr

arrow icon 54% less
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IDFC FIRST Bank AVP Salary

10 - 19 years exp. (43 salaries)

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₹16 L/yr - ₹35 L/yr

arrow icon 29% less
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NatWest Group AVP Salary

12 - 17 years exp. (11 salaries)

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₹27 L/yr - ₹53 L/yr

arrow icon 14% less
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AU Small Finance Bank AVP Salary

8 - 17 years exp. (9 salaries)

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₹12.8 L/yr - ₹27 L/yr

arrow icon 46% less
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HSBC Bank AVP Salary

5 - 11 years exp. (6 salaries)

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₹8.8 L/yr - ₹21.4 L/yr

arrow icon 56% less
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Federal Bank AVP Salary

15 - 16 years exp. (4 salaries)

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₹30 L/yr - ₹40 L/yr

arrow icon 6% less
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State Bank of India AVP Salary

4 - 14 years exp. (4 salaries)

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₹7 L/yr - ₹22.3 L/yr

arrow icon 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.

Latest annual salaries shared by Bank of America AVP in Mumbai

3w ago
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15 years exp.
4mo ago
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17 years exp.
5mo ago
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13 years exp.
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13 years exp.
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17 years exp.
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14 years exp.
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19 years exp.
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18 years exp.
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14 years exp.
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17 years exp.

Experience wise Bank of America AVP salaries in Mumbai

Last Updated: 1 Mar 2025

Experience Avg Annual Salary
12 years (AmbitionBox Estimate)

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₹25 L/yr - ₹58.6 L/yr
13 years (AmbitionBox Estimate)

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₹26.2 L/yr - ₹38 L/yr
14 years  (3 salaries)

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₹21.9 L/yr - ₹44.1 L/yr
15+ years  (15 salaries)

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₹21.9 L/yr - ₹59 L/yr

Similar Designation salaries in Bank of America

Team Lead Salary
(197 salaries)
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₹5.5 L/yr - ₹15 L/yr
Analyst Salary
(180 salaries)
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₹8.78 L/yr - ₹27 L/yr
Team Member Salary
(172 salaries)
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₹2 L/yr - ₹4.67 L/yr
Senior Analyst Salary
(137 salaries)
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₹13.24 L/yr - ₹34 L/yr
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₹15.4 L/yr - ₹55.66 L/yr
Fraud Analyst Salary
(99 salaries)
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₹3 L/yr - ₹5.05 L/yr
Team Developer Salary
(86 salaries)
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₹3.8 L/yr - ₹9.75 L/yr
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₹6.72 L/yr - ₹23.9 L/yr
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₹2.6 L/yr - ₹5.5 L/yr
Lead Analyst Salary
(32 salaries)
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₹18.2 L/yr - ₹40 L/yr

Salary related reviews for Bank of America

5.0

Rated by 2 employees for salary & benefits

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

read more
  • Salary - Bad
  • +3 more

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

read more
  • 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

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • 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

read more

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.

read more
  • 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.

read more

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

read more
  • Skill development - Good
  • +3 more

Dislikes

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

read more
  • Promotions - Poor
see more salary related reviews

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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 ₹unlock blur. Salary estimates are based on 22 Bank of America latest salaries received from various employees of Bank of America.