Bank of America Data Engineer 1 Salaries by 8 Employees (Updated 2025)

2 - 6 years exp.

₹9.6 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Data Engineer 1 Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Data Science & Analytics Data Engineer 1 Salary 2 - 5 years exp. (4 salaries)	₹10.8 L/yr - ₹12 L/yr
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Engineering - Software & QA Data Engineer 1 Salary 3 - 6 years exp. (4 salaries)	₹9.6 L/yr - ₹12 L/yr

Last Updated: 1 Jan 2025

Companies similar to Bank of America for Data Engineer 1

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Data Engineer 1 Salary 2 - 7 years exp. (4 salaries)	₹17.6 L/yr - ₹25 L/yr 107% more
IDFC FIRST Bank Data Engineer 1 Salary 1 - 4 years exp. (3 salaries)	₹3.5 L/yr - ₹15.9 L/yr 25% less
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DataMetica Data Engineer 1 Salary 1 - 3 years exp. (41 salaries)	₹3.8 L/yr - ₹10 L/yr 41% less
TCS Data Engineer 1 Salary 1 - 6 years exp. (22 salaries)	₹3.8 L/yr - ₹7.9 L/yr 52% less
NCR Voyix Data Engineer 1 Salary 1 - 5 years exp. (18 salaries)	₹7 L/yr - ₹11 L/yr 20% less

Data Engineer 1 salary at Bank of America ranges between ₹9.6 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 8 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Data Engineer 1 salaries

Last Updated: 1 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹12 L/yr
3 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹18.5 L/yr
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4 years (AmbitionBox Estimate)	₹9.6 L/yr - ₹19 L/yr
5 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹12 L/yr

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Salary related reviews for Bank of America

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.

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.

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.

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.

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.

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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 Data Engineer 1 Salary FAQs

What is the salary of Data Engineer 1 at Bank of America?

Data Engineer 1 salary at Bank of America in India ranges between ₹9.6 Lakhs to ₹12.0 Lakhs for experience between 2 years to 6 years. According to our estimates it is 16% more than the average Data Engineer 1 Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Bank of America India.

How does the salary of a Data Engineer 1 at Bank of America India compare with the average salary range for this job?

The average salary of a Data Engineer 1 at Bank of America is 16% more than the average salary of a Data Engineer 1 in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Data Engineer 1 in India?

JPMorgan Chase & Co. Data Engineer 1 Salary - ₹17.6 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Data Engineer 1 in companies similar to Bank of America in India?

NCR Voyix Data Engineer 1 Salary - ₹7.0 Lakhs to ₹11.0 Lakhs per year
IDFC FIRST Bank Data Engineer 1 Salary - ₹3.5 Lakhs to ₹15.9 Lakhs per year
DataMetica Data Engineer 1 Salary - ₹3.8 Lakhs to ₹10.0 Lakhs per year
TCS Data Engineer 1 Salary - ₹3.8 Lakhs to ₹7.9 Lakhs per year

What is the estimated take home salary of a Data Engineer 1 at Bank of America in India?

The estimated take-home salary of a Data Engineer 1 at Bank of America ranges between ₹74,846 per month to ₹76,783 per month in India. The take-home salary calculation is based on the average Bank of America Data Engineer 1 salary in India which ranges between ₹9.6 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 6 years. Check how did we calculate take home salary?

What is the notice period for Data Engineer 1 at Bank of America?

According to AmbitionBox, 57% of the Bank of America Data Engineer 1s reported a notice period of 2 Months, 43% reported a notice period of 1 Month.This is based on 7 responses on AmbitionBox in last 2 years.

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Bank of America Data Engineer 1 Salaries

Bank of America Data Engineer 1 salary in India ranges between ₹9.6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bank of America latest salaries received from various employees of Bank of America.