Bank of America Business Analyst Salaries by 90+ Employees (Updated 2025)

2 - 12 years exp.

₹6.9 Lakhs - ₹26 Lakhs

Salary of majority employees

55% more than the average Business Analyst Salary in Banking Companies for 2 - 12 years of experience

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Salaries in different departments

Data Science & Analytics Business Analyst Salary 2 - 12 years exp. (33 salaries)	₹6.6 L/yr - ₹27 L/yr
BFSI, Investments & Trading Business Analyst Salary 3 - 11 years exp. (14 salaries)	₹5.5 L/yr - ₹21 L/yr
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Engineering - Software & QA Business Analyst Salary 5 - 12 years exp. (12 salaries)	₹10 L/yr - ₹20.4 L/yr
Project & Program Management Business Analyst Salary 4 - 11 years exp. (6 salaries)	₹12 L/yr - ₹28 L/yr
Marketing & Communication Business Analyst Salary 6 - 9 years exp. (4 salaries)	₹9.4 L/yr - ₹17.5 L/yr

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Last Updated: 4 Mar 2025

Companies similar to Bank of America for Business Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Business Analyst Salary 2 - 14 years exp. (566 salaries)	₹7 L/yr - ₹25.3 L/yr 10% more	1 job opening
HSBC Group Business Analyst Salary 1 - 14 years exp. (409 salaries)	₹8 L/yr - ₹30 L/yr 22% more	1 job opening
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Barclays Business Analyst Salary 0 - 14 years exp. (637 salaries)	₹8 L/yr - ₹26.3 L/yr 11% more
Standard Chartered Business Analyst Salary 5 - 15 years exp. (320 salaries)	₹9.1 L/yr - ₹33.3 L/yr 35% more
Deutsche Bank Business Analyst Salary 1 - 15 years exp. (177 salaries)	₹6.7 L/yr - ₹23.9 L/yr 7% less
Wells Fargo Business Analyst Salary 2 - 15 years exp. (235 salaries)	₹6.5 L/yr - ₹25.4 L/yr 3% less
Goldman Sachs Business Analyst Salary 1 - 6 years exp. (45 salaries)	₹5 L/yr - ₹19.2 L/yr 27% less
Morgan Stanley Business Analyst Salary 1 - 12 years exp. (124 salaries)	₹6 L/yr - ₹24 L/yr 10% less
ICICI Bank Business Analyst Salary 0 - 12 years exp. (901 salaries)	₹4 L/yr - ₹15.3 L/yr 37% less
HDFC Bank Business Analyst Salary 0 - 13 years exp. (787 salaries)	₹4.5 L/yr - ₹18.8 L/yr 30% less
UBS Business Analyst Salary 3 - 14 years exp. (448 salaries)	₹8 L/yr - ₹30.5 L/yr 32% more
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NatWest Group Business Analyst Salary 3 - 17 years exp. (208 salaries)	₹8.6 L/yr - ₹25.8 L/yr 14% more
IDFC FIRST Bank Business Analyst Salary 2 - 10 years exp. (183 salaries)	₹5.7 L/yr - ₹23 L/yr 13% less
IndusInd Bank Business Analyst Salary 2 - 13 years exp. (187 salaries)	₹3.8 L/yr - ₹15.1 L/yr 41% less
Yes Bank Business Analyst Salary 1 - 11 years exp. (136 salaries)	₹4 L/yr - ₹14.3 L/yr 45% less
RBL Bank Business Analyst Salary 1 - 7 years exp. (82 salaries)	₹3.4 L/yr - ₹14.6 L/yr 45% less	1 job opening
Ujjivan Small Finance Bank Business Analyst Salary 1 - 9 years exp. (77 salaries)	₹6.3 L/yr - ₹19.8 L/yr 21% less
AU Small Finance Bank Business Analyst Salary 1 - 8 years exp. (73 salaries)	₹3.5 L/yr - ₹14 L/yr 44% less	2 job openings
ANZ Banking Group Business Analyst Salary 3 - 15 years exp. (55 salaries)	₹9.4 L/yr - ₹25 L/yr 5% more	1 job opening
State Bank of India Business Analyst Salary 4 - 11 years exp. (48 salaries)	₹5.5 L/yr - ₹20.7 L/yr 11% less

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Business Analyst salary at Bank of America ranges between ₹6.9 Lakhs to ₹26 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 97 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Business Analyst salaries

Last Updated: 4 Mar 2025

Experience	Avg Annual Salary
2 years (5 salaries)	₹5.5 L/yr - ₹10.5 L/yr
3 years (5 salaries)	₹5.6 L/yr - ₹16.7 L/yr
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4 years (7 salaries)	₹5.5 L/yr - ₹20 L/yr
5 years (12 salaries)	₹5.9 L/yr - ₹20 L/yr
6 years (13 salaries)	₹8.9 L/yr - ₹25.2 L/yr
7 years (11 salaries)	₹9.1 L/yr - ₹24.3 L/yr
8 years (14 salaries)	₹10 L/yr - ₹24.3 L/yr
9 years (7 salaries)	₹11.1 L/yr - ₹22.9 L/yr
10 years (5 salaries)	₹13 L/yr - ₹27 L/yr
11 years (8 salaries)	₹9 L/yr - ₹28 L/yr
12 years (10 salaries)	₹14 L/yr - ₹25.8 L/yr

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Salary related reviews for Bank of America

2.9

Rated by 8 employees for salary & benefits

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

Assistant Vice President in Chennai

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Aug 2023

4.0

for Salary and Benefits

Likes

Good Salary, work life balance.

Salary - Good

+4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

Job security - Excellent

+1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

Skill development - Poor

+2 more

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.

see more salary related reviews

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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 Business Analyst Salary FAQs

What is the salary of Business Analyst at Bank of America?

Business Analyst salary at Bank of America in India ranges between ₹6.9 Lakhs to ₹26.0 Lakhs for experience between 2 years to 12 years. According to our estimates it is 55% more than the average Business Analyst Salary in India. Salary estimates are based on 97 latest salaries received from various employees of Bank of America India.

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

The average salary of a Business Analyst at Bank of America is 55% more than the average salary of a Business Analyst in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Business Analyst in India?

Standard Chartered Business Analyst Salary - ₹9.1 Lakhs to ₹33.3 Lakhs per year
UBS Business Analyst Salary - ₹8.0 Lakhs to ₹30.5 Lakhs per year
HSBC Group Business Analyst Salary - ₹8.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank Business Analyst Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
NatWest Group Business Analyst Salary - ₹8.6 Lakhs to ₹25.8 Lakhs per year

What is the salary of a Business Analyst in companies similar to Bank of America in India?

Barclays Business Analyst Salary - ₹8.0 Lakhs to ₹26.3 Lakhs per year
JPMorgan Chase & Co. Business Analyst Salary - ₹7.0 Lakhs to ₹25.3 Lakhs per year
ANZ Banking Group Business Analyst Salary - ₹9.4 Lakhs to ₹25.0 Lakhs per year
Wells Fargo Business Analyst Salary - ₹6.5 Lakhs to ₹25.4 Lakhs per year
Deutsche Bank Business Analyst Salary - ₹6.7 Lakhs to ₹23.9 Lakhs per year

What is the estimated take home salary of a Business Analyst at Bank of America in India?

The estimated take-home salary of a Business Analyst at Bank of America ranges between ₹1,03,733 per month to ₹1,06,575 per month in India. The take-home salary calculation is based on the average Bank of America Business Analyst salary in India which ranges between ₹6.9 Lakhs to ₹26.0 Lakhs per year for employees with experience between 2 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Business Analyst at Bank of America?

According to AmbitionBox, 64% of the Bank of America Business Analysts reported a notice period of 2 Months, 18% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 44 responses on AmbitionBox in last 2 years.

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Bank of America Business Analyst Salaries

Bank of America Business Analyst salary in India ranges between ₹6.9 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 97 Bank of America latest salaries received from various employees of Bank of America.