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Engineering - Software & QA

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Bank of America Engineering - Software & QA Department Salaries in Chennai

based on 1.7k latest salaries
Designation Avg Annual Salary Open Jobs
1 - 11 years exp. · Chennai (253 salaries)
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₹7 L/yr - ₹25.9 L/yr

4 - 13 years exp. · Chennai (165 salaries)
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₹8.1 L/yr - ₹30.1 L/yr

6 - 12 years exp. · Chennai (138 salaries)
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₹10.8 L/yr - ₹29 L/yr

2 - 11 years exp. · Chennai (131 salaries)
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₹7.1 L/yr - ₹24.4 L/yr

Starting your career? Discover Bank of America fresher salaries in India
6 - 15 years exp. · Chennai (108 salaries)
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₹8.5 L/yr - ₹30 L/yr

1 job opening
3 - 10 years exp. · Chennai (80 salaries)
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₹6.5 L/yr - ₹22.5 L/yr

2 job openings
6 - 10 years exp. · Chennai (73 salaries)
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₹9.5 L/yr - ₹22.1 L/yr

1 job opening
9 - 17 years exp. · Chennai (50 salaries)
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₹17.5 L/yr - ₹36 L/yr

9 - 15 years exp. · Chennai (41 salaries)
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₹20 L/yr - ₹37.4 L/yr

1 job opening
6 - 10 years exp. · Chennai (40 salaries)
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₹10.9 L/yr - ₹28.5 L/yr

1 - 9 years exp. · Chennai (31 salaries)
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₹6.8 L/yr - ₹21 L/yr

1 - 7 years exp. · Chennai (31 salaries)
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₹6.4 L/yr - ₹16.4 L/yr

10 - 18 years exp. · Chennai (18 salaries)
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₹20.3 L/yr - ₹43.4 L/yr

1 - 11 years exp. · Chennai (18 salaries)
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₹6.5 L/yr - ₹19 L/yr

1 - 4 years exp. · Chennai (17 salaries)
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₹7 L/yr - ₹16.2 L/yr

1 - 3 years exp. · Chennai (16 salaries)
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₹5.3 L/yr - ₹11.3 L/yr

2 - 8 years exp. · Chennai (14 salaries)
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₹8.8 L/yr - ₹20 L/yr

9 - 13 years exp. · Chennai (13 salaries)
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₹12 L/yr - ₹32 L/yr

5 - 10 years exp. · Chennai (12 salaries)
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₹10.3 L/yr - ₹19.3 L/yr

5 - 10 years exp. · Chennai (11 salaries)
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₹10 L/yr - ₹26 L/yr

Last Updated: 30 Jan, 2025

Salary related reviews for Bank of America

4.1

Rated by 175 employees for salary & benefits

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

 · 

Engineering - Software & QA Department

4.0
  •  posted on 15 Sep 2023

5.0
 for  Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

read more
  • Salary - Excellent
    +1 more

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

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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.

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  • 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

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  • Promotions - Bad
    +1 more

Engineering - Software & QA Department

4.0
  •  posted on 26 Sep 2021

3.0
 for  Salary and Benefits

Likes

The Work culture-- work life balance is good and my managers are always accommodating and friendly. Transport (pre pandemic) was a plus in the company especially for women associates. Encouragement to learn, innovate makes it a great place to work.

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  • Job security - Excellent
    +4 more

Dislikes

Nothing to dislike. Salary/ pay may not be on par with the competitors. Being a banking sector the adoption of technology has lot of restrictions, so new technology adaption will be behind compared to tech companies.

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Engineering - Software & QA Department

4.0
  •  posted on 11 Jun 2021

2.0
 for  Salary and Benefits

Likes

Work life balance is great and opportunities for learning

  • Skill development - Excellent
    +4 more

Dislikes

Compensation normalisation is really weak, you need to negotiate and join with good salary, else your pay will be low , even comparing with campus grad

read more
  • Salary - Poor
    +1 more
see more salary related reviews

Bank of America Salary FAQs

How much does Bank of America pay per year?
The average Bank of America salary ranges from approximately ₹1.5 Lakh to ₹2.1 Lakhs per year for a Mail Room Executive and ₹80 Lakhs to ₹1 Crore per year for a Director. Salary estimates are based on 1.7k Bank of America salaries received from various employees of Bank of America. Bank of America employees rate the overall salary and benefits package 4.1/5 stars.
What is the highest salary in Bank of America?
The highest-paying job at Bank of America is a Director with a salary of ₹80 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹29.77 lakhs per year. The top 1% earn more than a whopping ₹59.26 lakhs per year.
What is the minimum salary in Bank of America?
Minimum salary at Bank of America depends on the role you are applying for. For Team Member the minimum salary is ₹1.8 Lakh to ₹4.8 Lakhs per year, and for Senior Team Member the minimum salary is ₹2.3 Lakhs to ₹8 Lakhs per year and so on.
What is the salary package for freshers in Bank of America?
The average salary at Bank of America for freshers varies from ₹3 Lakhs to ₹6.6 Lakhs per year for Fraud Analyst and ₹9.1 Lakhs to ₹25 Lakhs per year for Management Trainee.
What is the notice period at Bank of America in Engineering - Software & QA Department in Chennai?
According to AmbitionBox, 77% of the Bank of America employees in Engineering - Software & QA Department in Chennai reported a notice period of 2 Months, 8% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 1.1k responses on AmbitionBox in last 2 years.

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Average annual salary in Engineering - Software & QA department at Bank of America , Chennai is INRunlock blur . Salary estimates are based on 1.7k Bank of America latest salaries received from various employees of Bank of America.

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