Bank of America Mumbai Data Engineer Salaries by 20+ Employees (Updated 2025)

1 - 11 years exp.

₹7 Lakhs - ₹22 Lakhs

Salary of majority employees

57% more than the average Data Engineer Salary in Banking Companies for 1 - 11 years of experience

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Salaries in different departments

Data Science & Analytics Data Engineer Salary 1 - 11 years exp. (15 salaries)	₹7 L/yr - ₹20.3 L/yr
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Engineering - Software & QA Data Engineer Salary 2 - 8 years exp. (9 salaries)	₹8 L/yr - ₹22 L/yr

Last Updated: 10 Mar 2025

Companies similar to Bank of America for Data Engineer in Mumbai

Bank of America Data Engineer Salary

1 - 11 years exp. (28 salaries)

₹7 L/yr - ₹22 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Data Engineer Salary 1 - 11 years exp. (40 salaries)	₹4.6 L/yr - ₹20 L/yr 26% less	1 job opening
IDFC FIRST Bank Data Engineer Salary 2 - 5 years exp. (16 salaries)	₹6 L/yr - ₹21 L/yr 6% less
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Barclays Data Engineer Salary 2 - 6 years exp. (9 salaries)	₹10 L/yr - ₹22 L/yr 5% more
Deutsche Bank Data Engineer Salary 2 - 8 years exp. (6 salaries)	₹9.1 L/yr - ₹27 L/yr 36% more	4 job openings
RBL Bank Data Engineer Salary 1 - 4 years exp. (5 salaries)	₹6 L/yr - ₹11.6 L/yr 36% less
AU Small Finance Bank Data Engineer Salary 4 - 5 years exp. (3 salaries)	₹5.6 L/yr - ₹22.1 L/yr 10% less

Data Engineer salary at Bank of America ranges between ₹7 Lakhs to ₹22 Lakhs per year for employees with experience between 1 year to 11 years. Salary estimates are based on 28 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Data Engineer salaries in Mumbai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.8 L/yr
2 years (9 salaries)	₹7.6 L/yr - ₹14 L/yr
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3 years (4 salaries)	₹8 L/yr - ₹11.6 L/yr
4 years (AmbitionBox Estimate)	₹11.1 L/yr - ₹14.2 L/yr
5 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
6 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.8 L/yr
7 years (3 salaries)	₹15.5 L/yr - ₹22 L/yr
8 years (4 salaries)	₹17 L/yr - ₹20.6 L/yr
9 years (AmbitionBox Estimate)	₹18.2 L/yr - ₹23.2 L/yr
10 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25 L/yr
11 years (AmbitionBox Estimate)	₹21 L/yr - ₹26.8 L/yr

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Similar Designation salaries in Bank of America

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(216 salaries)

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Data Analyst Salary

(4 salaries)

₹7.92 L/yr - ₹15.56 L/yr

Senior Engineer Salary

(3 salaries)

₹2.74 L/yr - ₹17.07 L/yr

Top skills at Bank of America for Data Engineer

Production Support Unix Python Oracle Coding Risk Management Linux SQL Scrum Debugging Informatica Microstrategy Unit Testing Consulting Talent Acquisition

Salary related reviews for Bank of America

3.4

Rated by 5 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

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.

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.

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

+2 more

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.

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 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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of America Data Engineer Salary FAQs

What is the salary of Data Engineer at Bank of America in Mumbai?

The average salary of a Data Engineer at Bank of America in Mumbai typically ranges from ₹7.0 Lakhs to ₹22.0 Lakhs per year, depending on experience (from 1 year to 11 years).

The top 10% of Data Engineer in Mumbai at Bank of America earn more than ₹20.5 Lakhs per year, and the top 1% earn over ₹22.0 Lakhs per year. Data Engineer 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 20+ Bank of America employees in India.

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

The estimated take-home salary of a Data Engineer at Bank of America in Mumbai typically ranges from ₹1,06,341 to ₹1,09,267 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹22.0 Lakhs per year for employees with experience ranging from 1 year to 11 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 20+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Data Engineer at Bank of America in Mumbai?

To be a Data Engineer at Bank of America in Mumbai, the key skills required include:

- Production Support
- Unix
- Python
- Oracle
- Coding

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bank of America for Data Engineer in India?

Deutsche Bank	₹9.1 Lakhs to ₹27.0 Lakhs per year
Barclays	₹10.0 Lakhs to ₹22.0 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 Data Engineer in companies similar to Bank of America in Mumbai?

The salary of a Data Engineer at companies similar to Bank of America in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDFC FIRST Bank	₹6.0 Lakhs to ₹21.0 Lakhs per year
AU Small Finance Bank	₹5.6 Lakhs to ₹22.1 Lakhs per year
HDFC Bank	₹4.6 Lakhs to ₹20.0 Lakhs per year
RBL Bank	₹6.0 Lakhs to ₹11.6 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 Data Engineer at Bank of America in Mumbai?

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

Experience	Average Salary Range
1 year	₹6.9 Lakhs to ₹8.8 Lakhs per year
2 years	₹7.6 Lakhs to ₹14.0 Lakhs per year
3 years	₹8.0 Lakhs to ₹11.6 Lakhs per year
4 years	₹11.1 Lakhs to ₹14.2 Lakhs per year

and so on.

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Bank of America Data Engineer Salaries in Mumbai

Bank of America Data Engineer salary in Mumbai ranges between ₹7 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Bank of America latest salaries received from various employees of Bank of America.