Bank of America Consultant Salaries by 20+ Employees (Updated 2025)

4 - 10 years exp.

₹8.4 Lakhs - ₹24.5 Lakhs

Salary of majority employees

22% more than the average Consultant Salary in Banking Companies for 4 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA Consultant Salary 4 - 9 years exp. (5 salaries)	₹9.9 L/yr - ₹23.2 L/yr
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Data Science & Analytics Consultant Salary 7 - 8 years exp. (4 salaries)	₹18 L/yr - ₹19.8 L/yr

Last Updated: 15 Jun 2024

Companies similar to Bank of America for Consultant

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Consultant Salary 0 - 6 years exp. (359 salaries)	₹1.9 L/yr - ₹10 L/yr 66% less
Wells Fargo Consultant Salary 3 - 11 years exp. (120 salaries)	₹7 L/yr - ₹29.9 L/yr 2% more
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Citigroup Consultant Salary 2 - 10 years exp. (12 salaries)	₹8.5 L/yr - ₹22 L/yr 8% less
Goldman Sachs Consultant Salary 0 - 7 years exp. (24 salaries)	₹15.8 L/yr - ₹30 L/yr 4% more
Morgan Stanley Consultant Salary 1 - 10 years exp. (76 salaries)	₹10.1 L/yr - ₹33.3 L/yr 20% more
HSBC Group Consultant Salary 5 - 15 years exp. (127 salaries)	₹12.5 L/yr - ₹35 L/yr 34% more
Barclays PLC Consultant Salary 6 - 12 years exp. (5 salaries)	₹8.4 L/yr - ₹22 L/yr 9% less
UBS Consultant Salary 3 - 11 years exp. (42 salaries)	₹7.4 L/yr - ₹27.7 L/yr 5% less
ICICI Bank Consultant Salary 0 - 8 years exp. (187 salaries)	₹0.9 L/yr - ₹7 L/yr 86% less
IDFC FIRST Bank Consultant Salary 1 - 8 years exp. (79 salaries)	₹1.8 L/yr - ₹7.6 L/yr 78% less
Standard Chartered Consultant Salary 2 - 10 years exp. (44 salaries)	₹4.7 L/yr - ₹16.1 L/yr 41% less
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Barclays Consultant Salary 3 - 12 years exp. (22 salaries)	₹10 L/yr - ₹25 L/yr 19% more
HDFC Bank Consultant Salary 1 - 7 years exp. (19 salaries)	₹1 L/yr - ₹8.8 L/yr 68% less
Deutsche Bank Consultant Salary 2 - 10 years exp. (12 salaries)	₹7 L/yr - ₹28.6 L/yr 2% less
ANZ Banking Group Consultant Salary 2 - 13 years exp. (10 salaries)	₹7.1 L/yr - ₹22.7 L/yr 3% less
Yes Bank Consultant Salary 0 - 6 years exp. (8 salaries)	₹2.5 L/yr - ₹9 L/yr 57% less
NatWest Group Consultant Salary 3 - 8 years exp. (7 salaries)	₹8.5 L/yr - ₹27 L/yr 2% less
AU Small Finance Bank Consultant Salary 5 - 22 years exp. (6 salaries)	₹3.2 L/yr - ₹17.3 L/yr 42% less
IndusInd Bank Consultant Salary 8 - 32 years exp. (5 salaries)	₹8.7 L/yr - ₹20 L/yr 15% less
RBL Bank Consultant Salary 1 - 3 years exp. (4 salaries)	₹2 L/yr - ₹2.5 L/yr 87% less

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Consultant salary at Bank of America ranges between ₹8.4 Lakhs to ₹24.5 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 25 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Consultant salaries

Last Updated: 15 Jun 2024

Experience	Avg Annual Salary
4 years (5 salaries)	₹6.5 L/yr - ₹20 L/yr
5 years (5 salaries)	₹9.8 L/yr - ₹21.5 L/yr
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6 years (3 salaries)	₹9 L/yr - ₹21.5 L/yr
7 years (3 salaries)	₹13 L/yr - ₹33.5 L/yr
8 years (6 salaries)	₹19.8 L/yr - ₹23.2 L/yr
9 years (AmbitionBox Estimate)	₹19.9 L/yr - ₹24.5 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹40.2 L/yr

View all

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Salary related reviews for Bank of America

3.0

Rated by 1 employees for salary & benefits

Software Developer in Chennai

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

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.

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

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.

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.

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.

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

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.

Dislikes

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

see more salary related reviews

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a social media specialist

Salary Expectations

I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?

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Bank of America Consultant Salary FAQs

What is the salary of Consultant at Bank of America?

Consultant salary at Bank of America in India ranges between ₹8.4 Lakhs to ₹24.5 Lakhs for experience between 4 years to 10 years. According to our estimates it is 22% more than the average Consultant Salary in India. Salary estimates are based on 25 latest salaries received from various employees of Bank of America India.

How does the salary of a Consultant at Bank of America India compare with the average salary range for this job?

The average salary of a Consultant at Bank of America is 22% more than the average salary of a Consultant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Consultant in India?

HSBC Group Consultant Salary - ₹12.5 Lakhs to ₹35.0 Lakhs per year
Morgan Stanley Consultant Salary - ₹10.1 Lakhs to ₹33.3 Lakhs per year
Barclays Consultant Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
Goldman Sachs Consultant Salary - ₹15.8 Lakhs to ₹30.0 Lakhs per year
Wells Fargo Consultant Salary - ₹7.0 Lakhs to ₹29.9 Lakhs per year

What is the salary of a Consultant in companies similar to Bank of America in India?

DCB Bank Consultant Salary - ₹6.5 Lakhs to ₹33.7 Lakhs per year
Deutsche Bank Consultant Salary - ₹7.0 Lakhs to ₹28.6 Lakhs per year
NatWest Group Consultant Salary - ₹8.5 Lakhs to ₹27.0 Lakhs per year
ANZ Banking Group Consultant Salary - ₹7.1 Lakhs to ₹22.7 Lakhs per year
UBS Consultant Salary - ₹7.4 Lakhs to ₹27.7 Lakhs per year

What is the estimated take home salary of a Consultant at Bank of America in India?

The estimated take-home salary of a Consultant at Bank of America ranges between ₹1,13,959 per month to ₹1,17,132 per month in India. The take-home salary calculation is based on the average Bank of America Consultant salary in India which ranges between ₹8.4 Lakhs to ₹24.5 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Consultant at Bank of America?

According to AmbitionBox, 67% of the Bank of America Consultants reported a notice period of 2 Months, 33% 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 Consultant Salaries

Bank of America Consultant salary in India ranges between ₹8.4 Lakhs to ₹24.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 25 Bank of America latest salaries received from various employees of Bank of America.