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Bank of America Business Analyst salaries in Chennai (Updated 2025)

Annual salary range
2 - 9 years exp.
₹8.2 Lakhs - ₹22.9 Lakhs
Salary of majority employees
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35% more than the average Business Analyst Salary in Banking Companies for 2 - 9 years of experience

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Salaries in different departments

Data Science & Analytics
Business Analyst Salary
2 - 9 years exp. (10 salaries)
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₹8.2 L/yr - ₹22.9 L/yr

Engineering - Software & QA
Business Analyst Salary
5 - 6 years exp. (3 salaries)
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₹10.4 L/yr - ₹20 L/yr

BFSI, Investments & Trading
Business Analyst Salary
7 - 8 years exp. (AmbitionBox Estimate)
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₹6.4 L/yr - ₹20 L/yr

Risk Management & Compliance
Business Analyst Salary
6 - 7 years exp. (AmbitionBox Estimate)
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₹10.9 L/yr - ₹18.4 L/yr

Project & Program Management
Business Analyst Salary
8 years exp. (AmbitionBox Estimate)
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₹14.7 L/yr - ₹20.4 L/yr

Last Updated: 25 Jan 2025

Companies similar to Bank of America for Business Analyst in Chennai

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Bank of America Business Analyst Salary

2 - 9 years exp. (19 salaries)

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₹8.2 L/yr - ₹22.9 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Standard Chartered Business Analyst Salary

5 - 15 years exp. (129 salaries)

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₹8 L/yr - ₹34.1 L/yr

arrow icon 39% more
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Barclays Business Analyst Salary

0 - 14 years exp. (94 salaries)

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₹8.5 L/yr - ₹25.4 L/yr

arrow icon 11% more
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HDFC Bank Business Analyst Salary

0 - 11 years exp. (86 salaries)

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₹3.9 L/yr - ₹14.4 L/yr

arrow icon 34% less
4 job openings
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NatWest Group Business Analyst Salary

3 - 14 years exp. (63 salaries)

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₹8.2 L/yr - ₹25.8 L/yr

arrow icon 21% more
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₹3.3 L/yr - ₹10.6 L/yr

arrow icon 57% less
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NatWest Markets Business Analyst Salary

1 - 13 years exp. (18 salaries)

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₹3 L/yr - ₹17.3 L/yr

arrow icon 32% less
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IndusInd Bank Business Analyst Salary

2 - 13 years exp. (16 salaries)

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₹3.8 L/yr - ₹13.3 L/yr

arrow icon 38% less
4 job openings
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ICICI Bank Business Analyst Salary

2 - 12 years exp. (15 salaries)

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₹4.4 L/yr - ₹14.9 L/yr

arrow icon 35% less
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Yes Bank Business Analyst Salary

4 - 9 years exp. (3 salaries)

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₹3 L/yr - ₹9.8 L/yr

arrow icon 45% less
Business Analyst salary at Bank of America ranges between ₹8.2 Lakhs to ₹22.9 Lakhs per year for employees with experience between 2 years to 9 years. Salary estimates are based on 19 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Business Analyst in Chennai

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8 years exp.
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Experience wise Bank of America Business Analyst salaries in Chennai

Last Updated: 25 Jan 2025

Experience Avg Annual Salary
2 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.7 L/yr
3 years (AmbitionBox Estimate)

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₹8.3 L/yr - ₹10.6 L/yr
4 years (AmbitionBox Estimate)

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₹10.2 L/yr - ₹13 L/yr
5 years  (4 salaries)

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₹10.4 L/yr - ₹17 L/yr
6 years  (5 salaries)

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₹9.3 L/yr - ₹20 L/yr
View all

Similar Designation salaries in Bank of America

Senior Analyst Salary
(188 salaries)
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₹9.63 L/yr - ₹30 L/yr
Analyst Salary
(152 salaries)
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₹7.91 L/yr - ₹22.5 L/yr
Data Scientist Salary
(9 salaries)
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₹18.2 L/yr - ₹29.43 L/yr
Data Analyst Salary
(8 salaries)
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₹11.5 L/yr - ₹20 L/yr
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₹16.75 L/yr - ₹22.5 L/yr
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₹13.4 L/yr - ₹24 L/yr
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₹12 L/yr - ₹22 L/yr

Salary related reviews for Bank of America

5.0

Rated by 2 employees for salary & benefits

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 16 Mar 2025

2.0
 for  Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

read more
  • Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

read more
  • Salary - Poor
  • +4 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

 · 

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)

read more

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +2 more

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

read more
  • Salary - Good
  • +5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

read more
see more salary related reviews

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Bank of America Business Analyst Salary FAQs

What is the salary of Business Analyst at Bank of America in Chennai?
The average salary of a Business Analyst at Bank of America in Chennai typically ranges from ₹8.2 Lakhs to ₹22.9 Lakhs per year, depending on experience (from 2 years to 9 years).

The top 10% of Business Analyst in Chennai at Bank of America earn more than ₹20.7 Lakhs per year, and the top 1% earn over ₹22.9 Lakhs per year. Business Analyst 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 10+ Bank of America employees in India.
What is the estimated take home salary of a Business Analyst at Bank of America in Chennai?
The estimated take-home salary of a Business Analyst at Bank of America in Chennai typically ranges from ₹97,507 to ₹1,00,148 per month. This is based on the average salary range of ₹8.2 Lakhs to ₹22.9 Lakhs per year for employees with experience ranging from 2 years to 9 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 10+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of America for Business Analyst in India?
Standard Chartered ₹8.0 Lakhs to ₹34.1 Lakhs per year
NatWest Group ₹8.2 Lakhs to ₹25.8 Lakhs per year
Barclays ₹8.5 Lakhs to ₹25.4 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.
What is the salary of a Business Analyst in companies similar to Bank of America in Chennai?
The salary of a Business Analyst at companies similar to Bank of America in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Markets ₹3.0 Lakhs to ₹17.3 Lakhs per year
HDFC Bank ₹3.9 Lakhs to ₹14.4 Lakhs per year
ICICI Bank ₹4.4 Lakhs to ₹14.9 Lakhs per year
IndusInd Bank ₹3.8 Lakhs to ₹13.3 Lakhs per year
Yes Bank ₹3.0 Lakhs to ₹9.8 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 Business Analyst at Bank of America in Chennai?
The salary growth for a Business Analyst at Bank of America in Chennai depends on factors such as experience, performance, and promotions. On average, a Business Analyst in Chennai can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
2 years ₹6.0 Lakhs to ₹7.7 Lakhs per year
3 years ₹8.3 Lakhs to ₹10.6 Lakhs per year
4 years ₹10.2 Lakhs to ₹13.0 Lakhs per year
5 years ₹10.4 Lakhs to ₹17.0 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of America Business Analyst salary in Chennai ranges between ₹8.2 Lakhs to ₹22.9 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 19 Bank of America latest salaries received from various employees of Bank of America.