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

2 - 12 years exp.

₹8 Lakhs - ₹27.2 Lakhs

Salary of majority employees

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54% 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. (8 salaries)	Unlock ₹8.6 L/yr - ₹27 L/yr
Engineering - Software & QA Business Analyst Salary 5 - 8 years exp. (4 salaries)	Unlock ₹10 L/yr - ₹17.1 L/yr
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Consulting Business Analyst Salary 3 - 8 years exp. (3 salaries)	Unlock ₹14.4 L/yr - ₹20 L/yr
Project & Program Management Business Analyst Salary 7 - 11 years exp. (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹28 L/yr
BFSI, Investments & Trading Business Analyst Salary 4 years exp. (AmbitionBox Estimate)	Unlock ₹8.4 L/yr - ₹19 L/yr

Last Updated: 11 Mar 2025

Companies similar to Bank of America for Business Analyst in Mumbai

Bank of America Business Analyst Salary

2 - 12 years exp. (23 salaries)

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₹8 L/yr - ₹27.2 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Business Analyst Salary 2 - 14 years exp. (187 salaries)	Unlock ₹6.7 L/yr - ₹26.4 L/yr 2% less	2 job openings
Barclays Business Analyst Salary 0 - 10 years exp. (54 salaries)	Unlock ₹8 L/yr - ₹24 L/yr 1% more
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Standard Chartered Business Analyst Salary 5 - 10 years exp. (8 salaries)	Unlock ₹11 L/yr - ₹19 L/yr 17% more
Deutsche Bank Business Analyst Salary 1 - 15 years exp. (23 salaries)	Unlock ₹5.9 L/yr - ₹21.4 L/yr 18% less	3 job openings
Morgan Stanley Business Analyst Salary 1 - 12 years exp. (63 salaries)	Unlock ₹5.9 L/yr - ₹19.1 L/yr 17% less
HDFC Bank Business Analyst Salary 0 - 13 years exp. (342 salaries)	Unlock ₹4.9 L/yr - ₹20 L/yr 30% less
ICICI Bank Business Analyst Salary 0 - 12 years exp. (150 salaries)	Unlock ₹4 L/yr - ₹16.5 L/yr 41% less
IDFC FIRST Bank Business Analyst Salary 2 - 10 years exp. (81 salaries)	Unlock ₹6.5 L/yr - ₹27 L/yr 5% less
UBS Business Analyst Salary 1 - 14 years exp. (73 salaries)	Unlock ₹7.7 L/yr - ₹29.4 L/yr 12% more
Yes Bank Business Analyst Salary 1 - 10 years exp. (39 salaries)	Unlock ₹2.7 L/yr - ₹12.9 L/yr 52% less
RBL Bank Business Analyst Salary 1 - 7 years exp. (36 salaries)	Unlock ₹3.6 L/yr - ₹14.2 L/yr 44% less	1 job opening
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IndusInd Bank Business Analyst Salary 2 - 11 years exp. (32 salaries)	Unlock ₹4 L/yr - ₹15.9 L/yr 43% less
DCB Bank Business Analyst Salary 2 - 10 years exp. (10 salaries)	Unlock ₹4.3 L/yr - ₹13 L/yr 53% less
State Bank of India Business Analyst Salary 4 - 11 years exp. (7 salaries)	Unlock ₹6 L/yr - ₹25 L/yr 7% less
Equitas Small Finance Bank Business Analyst Salary 4 - 7 years exp. (3 salaries)	Unlock ₹3.9 L/yr - ₹4.5 L/yr 74% less
Utkarsh Small Finance Bank Business Analyst Salary 1 - 6 years exp. (3 salaries)	Unlock ₹3.5 L/yr - ₹10.2 L/yr 58% less
AU Small Finance Bank Business Analyst Salary 2 - 9 years exp. (3 salaries)	Unlock ₹5.8 L/yr - ₹13 L/yr 44% less	2 job openings

Business Analyst salary at Bank of America ranges between ₹8 Lakhs to ₹27.2 Lakhs per year for employees with experience between 2 years to 12 years. Salary estimates are based on 23 latest salaries received from various employees of Bank of America.

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

3d ago

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2 years exp.

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2 years exp.

2w ago

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6 years exp.

3w ago

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8 years exp.

4mo ago

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11 years exp.

8mo ago

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8 years exp.

1y ago

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6 years exp.

1y ago

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12 years exp.

1y ago

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12 years exp.

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11 years exp.

Experience wise Bank of America Business Analyst salaries in Mumbai

Last Updated: 11 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	Unlock ₹8 L/yr - ₹16.5 L/yr
3 years (AmbitionBox Estimate)	Unlock ₹4.3 L/yr - ₹16 L/yr
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4 years (3 salaries)	Unlock ₹5.2 L/yr - ₹20 L/yr
5 years (AmbitionBox Estimate)	Unlock ₹10 L/yr - ₹27.8 L/yr
6 years (AmbitionBox Estimate)	Unlock ₹14.9 L/yr - ₹21 L/yr
7 years (AmbitionBox Estimate)	Unlock ₹11.5 L/yr - ₹24.3 L/yr
8 years (5 salaries)	Unlock ₹14.4 L/yr - ₹35.1 L/yr
9 years (AmbitionBox Estimate)	Unlock ₹17.3 L/yr - ₹22.1 L/yr
10 years (AmbitionBox Estimate)	Unlock ₹16.5 L/yr - ₹21.1 L/yr
11 years (3 salaries)	Unlock ₹9 L/yr - ₹28 L/yr
12 years (3 salaries)	Unlock ₹6.5 L/yr - ₹29.4 L/yr

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Salary related reviews for Bank of America

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.

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bank of America Business Analyst Salary FAQs

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

Business Analyst salary at Bank of America in Mumbai ranges between ₹8.0 Lakhs to ₹27.2 Lakhs for experience between 2 years to 12 years. According to our estimates it is 54% more than the average Business Analyst Salary in India. Salary estimates are based on 23 latest salaries received from various employees of Bank of America Mumbai.

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

The average salary of a Business Analyst at Bank of America is 54% more than the average salary of a Business Analyst in Mumbai. To know exact salary insights, login to view.

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

Standard Chartered Business Analyst Salary - ₹11.0 Lakhs to ₹19.0 Lakhs per year
UBS Business Analyst Salary - ₹7.7 Lakhs to ₹29.4 Lakhs per year
Barclays Business Analyst Salary - ₹8.0 Lakhs to ₹24.0 Lakhs per year

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

JPMorgan Chase & Co. Business Analyst Salary - ₹6.7 Lakhs to ₹26.4 Lakhs per year
IDFC FIRST Bank Business Analyst Salary - ₹6.5 Lakhs to ₹27.0 Lakhs per year
State Bank of India Business Analyst Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year
Morgan Stanley Business Analyst Salary - ₹5.9 Lakhs to ₹19.1 Lakhs per year
Deutsche Bank Business Analyst Salary - ₹5.9 Lakhs to ₹21.4 Lakhs per year

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

The estimated take-home salary of a Business Analyst at Bank of America ranges between ₹1,08,997 per month to ₹1,12,009 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Business Analyst salary in India which ranges between ₹8.0 Lakhs to ₹27.2 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 in Mumbai?

According to AmbitionBox, 83% of the Bank of America Business Analysts in Mumbai reported a notice period of 2 Months, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Bank of America Business Analyst Salaries in Mumbai

Bank of America Business Analyst salary in Mumbai ranges between ₹8 Lakhs to ₹27.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Bank of America latest salaries received from various employees of Bank of America.