Bank of America Backend Developer Salaries by 5 Employees (Updated 2025)

2 - 5 years exp.

₹8 Lakhs - ₹17 Lakhs

Low Confidence

Salary of majority employees

40% more than the average Backend Developer Salary in Banking Companies for 2 - 5 years of experience

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Last Updated: 24 Feb 2024

Companies similar to Bank of America for Backend Developer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Backend Developer Salary 0 - 8 years exp. (3 salaries)	₹11 L/yr - ₹22.2 L/yr 28% more
Goldman Sachs Backend Developer Salary 0 - 4 years exp. (AmbitionBox Estimate)	₹29 L/yr - ₹37.1 L/yr 172% more
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Morgan Stanley Backend Developer Salary 3 - 10 years exp. (9 salaries)	₹17 L/yr - ₹30 L/yr 84% more
Barclays Backend Developer Salary 0 - 7 years exp. (21 salaries)	₹10 L/yr - ₹22 L/yr 32% more
Standard Chartered Backend Developer Salary 1 - 8 years exp. (8 salaries)	₹4.9 L/yr - ₹14.6 L/yr 4% less
HDFC Bank Backend Developer Salary 3 - 10 years exp. (4 salaries)	₹4.2 L/yr - ₹18 L/yr 14% less
IDFC FIRST Bank Backend Developer Salary 1 - 4 years exp. (4 salaries)	₹9 L/yr - ₹12 L/yr 11% less
AU Small Finance Bank Backend Developer Salary 2 - 3 years exp. (4 salaries)	₹6 L/yr - ₹7 L/yr 48% less	1 job opening

Backend Developer salary at Bank of America ranges between ₹8 Lakhs to ₹17 Lakhs per year for employees with experience between 2 years to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Backend Developer salaries

Last Updated: 24 Feb 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹8 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.3 L/yr
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4 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹16.5 L/yr
5 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹17 L/yr

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Salary related reviews for Bank of America

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.

Software Engineer II in Chennai

Engineering - Software & QA Department

4.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

You will get good benefits apart from your salary like Cab, Sodexho Card, Gym. There is no variable pay in BA.

Job security - Good

Dislikes

HR people are dummy in BA, If you will have good relationship with your manager or VP then you will get good appraisal or promotion. They are having escalation process but if you escalate something about your manager then it will first reach to your manager and they will corner you. There is no onsite opportunity in BA

Promotions - Bad

+1 more

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 Systems Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 09 May 2022

1.0

for Salary and Benefits

Likes

...uld benefit low level employees all are tend to meant for management benefits. Company policies and pay never compete/normalise with outside market

Job security - Good

Dislikes

Everything except job security. Since we work for very low wage

Salary - Bad

+2 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.

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Salary Discussions, Hike & Promotions

a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Bank of America Backend Developer Salary FAQs

What is the salary of Backend Developer at Bank of America?

Backend Developer salary at Bank of America in India ranges between ₹8.0 Lakhs to ₹17.0 Lakhs for experience between 2 years to 5 years. According to our estimates it is 40% more than the average Backend Developer Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bank of America India.

How does the salary of a Backend Developer at Bank of America India compare with the average salary range for this job?

The average salary of a Backend Developer at Bank of America is 40% more than the average salary of a Backend Developer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Backend Developer in India?

Goldman Sachs Backend Developer Salary - ₹29.0 Lakhs to ₹37.1 Lakhs per year
Morgan Stanley Backend Developer Salary - ₹17.0 Lakhs to ₹30.0 Lakhs per year
Barclays Backend Developer Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
JPMorgan Chase & Co. Backend Developer Salary - ₹11.0 Lakhs to ₹22.2 Lakhs per year

What is the salary of a Backend Developer in companies similar to Bank of America in India?

Standard Chartered Backend Developer Salary - ₹4.9 Lakhs to ₹14.6 Lakhs per year
IDFC FIRST Bank Backend Developer Salary - ₹9.0 Lakhs to ₹12.0 Lakhs per year
HDFC Bank Backend Developer Salary - ₹4.2 Lakhs to ₹18.0 Lakhs per year
AU Small Finance Bank Backend Developer Salary - ₹6.0 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Backend Developer at Bank of America in India?

The estimated take-home salary of a Backend Developer at Bank of America ranges between ₹86,746 per month to ₹89,020 per month in India. The take-home salary calculation is based on the average Bank of America Backend Developer salary in India which ranges between ₹8.0 Lakhs to ₹17.0 Lakhs per year for employees with experience between 2 years to 5 years. Check how did we calculate take home salary?

What is the notice period for Backend Developer at Bank of America?

According to AmbitionBox, 100% of the Bank of America Backend Developers reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of America Backend Developer Salaries

Bank of America Backend Developer salary in India ranges between ₹8 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.