Bank of America Business Support Analyst Salaries by 4 Employees

7 - 15 years exp.

₹10.5 Lakhs - ₹17 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

107% more than the average Business Support Analyst Salary in Banking Companies for 7 - 15 years of experience

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Salaries in different departments

Engineering - Software & QA Business Support Analyst Salary 7 years exp. (AmbitionBox Estimate)	₹9.5 L/yr - ₹11.6 L/yr
Project & Program Management Business Support Analyst Salary 12 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr
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Risk Management & Compliance Business Support Analyst Salary 12 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹15.4 L/yr

Last Updated: 8 Mar 2024

Companies similar to Bank of America for Business Support Analyst

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Business Support Analyst Salary 4 - 6 years exp. (5 salaries)	₹4.1 L/yr - ₹6 L/yr 65% less
HSBC Electronic Data Processing Business Support Analyst Salary 6 - 12 years exp. (4 salaries)	₹5.3 L/yr - ₹10.7 L/yr 43% less
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NatWest Markets Business Support Analyst Salary 7 - 15 years exp. (4 salaries)	₹6.2 L/yr - ₹12.5 L/yr 34% less
NatWest Group Business Support Analyst Salary 6 - 10 years exp. (4 salaries)	₹7 L/yr - ₹12 L/yr 39% less
ICICI Bank Business Support Analyst Salary 8 - 11 years exp. (3 salaries)	₹20.8 L/yr - ₹25.2 L/yr 63% more
Standard Chartered Business Support Analyst Salary 0 - 6 years exp. (3 salaries)	₹4 L/yr - ₹6.5 L/yr 61% less
Utkarsh Small Finance Bank Business Support Analyst Salary 2 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹3.8 L/yr 74% less

Business Support Analyst salary at Bank of America ranges between ₹10.5 Lakhs to ₹17 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Business Support Analyst salaries

Last Updated: 8 Mar 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹12.1 L/yr
12 years (AmbitionBox Estimate)	₹14 L/yr - ₹17.8 L/yr
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15+ years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr

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Salary related reviews for Bank of America

Assistant Vice President in Mumbai

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

Job security - Good

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

Salary - Poor

+4 more

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1.0

• posted on 04 Oct 2024

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Organization is beautifully structured ,salary wise and other benefits are very good

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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

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4.0

• posted on 18 Aug 2023

4.0

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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

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3.0

• posted on 07 May 2023

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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

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

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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Business Support Analyst Salary FAQs

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

The average salary of a Business Support Analyst at Bank of America in India typically ranges from ₹10.5 Lakhs to ₹17.0 Lakhs per year, depending on experience (from 7 years to 15 years).

The top 10% of Business Support Analyst at Bank of America earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Business Support 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 4 Bank of America employees in India.

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

The estimated take-home salary of a Business Support Analyst at Bank of America in India typically ranges from ₹98,414 to ₹1,01,085 per month. This is based on the average salary range of ₹10.5 Lakhs to ₹17.0 Lakhs per year for employees with experience ranging from 7 years to 15 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 4 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 Support Analyst in India?

ICICI Bank

₹20.8 Lakhs to ₹25.2 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 Support Analyst in companies similar to Bank of America in India?

The salary of a Business Support Analyst at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Markets	₹6.2 Lakhs to ₹12.5 Lakhs per year
NatWest Group	₹7.0 Lakhs to ₹12.0 Lakhs per year
HSBC Electronic Data Processing	₹5.3 Lakhs to ₹10.7 Lakhs per year
Standard Chartered	₹4.0 Lakhs to ₹6.5 Lakhs per year
IDFC FIRST Bank	₹4.1 Lakhs to ₹6.0 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 Business Support Analyst at Bank of America in India?

The salary growth for a Business Support Analyst at Bank of America depends on factors such as experience, performance, and promotions. On average, a Business Support Analyst can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
7 years	₹9.5 Lakhs to ₹12.1 Lakhs per year
12 years	₹14.0 Lakhs to ₹17.8 Lakhs per year
15 years	₹13.5 Lakhs to ₹17.2 Lakhs per year

and so on.

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Bank of America Business Support Analyst Salaries

Bank of America Business Support Analyst salary in India ranges between ₹10.5 Lakhs to ₹17 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.