Bank of America Mumbai CIO Salaries by 3 Employees (Updated 2025)

28 - 31 years exp.

₹1 Crore - ₹1 Crore

Low Confidence

Salary of majority employees

81% more than the average CIO Salary in Banking Companies for 28 - 31 years of experience

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Last Updated: 20 Jan 2025

Companies similar to Bank of America for CIO in Mumbai

Bank of America CIO Salary

28 - 31 years exp. (3 salaries)

₹1 Cr/yr - ₹1 Cr/yr

Company name	Avg Annual Salary	Open Jobs
ASSA ABLOY CIO Salary 14 - 19 years exp. (5 salaries)	₹41.4 L/yr - ₹52.9 L/yr 55% less
Renoir Consulting CIO Salary 16 - 18 years exp. (4 salaries)	₹41.4 L/yr - ₹52.9 L/yr 55% less
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Allied Blenders & Distillers CIO Salary 25 - 28 years exp. (3 salaries)	₹81.7 L/yr - ₹90.3 L/yr 15% less
Muthoot Housing Finance Company CIO Salary 23 - 25 years exp. (3 salaries)	₹35.2 L/yr - ₹38.9 L/yr 63% less
Oman Trading Establishment CIO Salary 28 - 30 years exp. (3 salaries)	₹95 L/yr - ₹1.1 Cr/yr 1% less

CIO salary at Bank of America ranges between ₹1 Crore to ₹1 Crore per year for employees with experience between 28 years to 31 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of America.

Experience wise Bank of America CIO salaries in Mumbai

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
15+ years (3 salaries)	₹1 Cr/yr - ₹1 Cr/yr
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Salary related reviews for Bank of America

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.

Software Engineer II in Chennai

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.

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

Promotions - Bad

+1 more

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

Senior Systems Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 09 May 2022

1.0

for Salary and Benefits

Likes

...uld benefit low level employees all are tend to meant for management benefits. Company policies and pay never compete/normalise with outside market

Job security - Good

Dislikes

Everything except job security. Since we work for very low wage

Salary - Bad

+2 more

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

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Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Bank of America CIO Salary FAQs

How the salary growth look like for a CIO at Bank of America in Mumbai?

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

Experience	Average Salary Range
15 years	₹101.0 Lakhs to ₹102.0 Lakhs per year

and so on.

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Bank of America CIO salary in Mumbai ranges between ₹1 Crore to ₹1 Crore with an average annual salary of ₹. Salary estimates are based on 3 Bank of America latest salaries received from various employees of Bank of America.