Bank of America Mumbai Data Scientist Salaries by 5 Employees (Updated 2025)

4 - 8 years exp.

₹20.4 Lakhs - ₹36 Lakhs

Salary of majority employees

95% more than the average Data Scientist Salary in Banking Companies for 4 - 8 years of experience

Interested in this particular role? 1 job opening

Last Updated: 4 Oct 2024

Companies similar to Bank of America for Data Scientist in Mumbai

Bank of America Data Scientist Salary

4 - 8 years exp. (5 salaries)

₹20.4 L/yr - ₹36 L/yr

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Data Scientist Salary 1 - 8 years exp. (20 salaries)	₹10 L/yr - ₹36 L/yr 12% less	1 job opening
HSBC Group Data Scientist Salary 2 - 7 years exp. (5 salaries)	₹10 L/yr - ₹29.9 L/yr 24% less
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Morgan Stanley Data Scientist Salary 2 - 16 years exp. (5 salaries)	₹18 L/yr - ₹39.6 L/yr 10% more
HDFC Bank Data Scientist Salary 0 - 6 years exp. (70 salaries)	₹9 L/yr - ₹24 L/yr 29% less	1 job opening
RBL Bank Data Scientist Salary 1 - 7 years exp. (33 salaries)	₹7.8 L/yr - ₹15.5 L/yr 54% less
UBS Data Scientist Salary 2 - 10 years exp. (16 salaries)	₹10 L/yr - ₹30 L/yr 13% less
IDFC FIRST Bank Data Scientist Salary 2 - 5 years exp. (11 salaries)	₹14 L/yr - ₹35 L/yr 13% less
ICICI Bank Data Scientist Salary 0 - 4 years exp. (7 salaries)	₹5.6 L/yr - ₹25 L/yr 48% less
IndusInd Bank Data Scientist Salary 1 - 5 years exp. (4 salaries)	₹15 L/yr - ₹21.5 L/yr 29% less	3 job openings
DCB Bank Data Scientist Salary 1 - 4 years exp. (4 salaries)	₹6.5 L/yr - ₹14 L/yr 68% less

Data Scientist salary at Bank of America ranges between ₹20.4 Lakhs to ₹36 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Data Scientist salaries in Mumbai

Last Updated: 4 Oct 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹20.4 L/yr - ₹44.1 L/yr
5 years (3 salaries)	₹10.2 L/yr - ₹36 L/yr
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6 years (AmbitionBox Estimate)	₹23.8 L/yr - ₹30.4 L/yr
7 years (AmbitionBox Estimate)	₹24.7 L/yr - ₹31.5 L/yr
8 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹30.3 L/yr

Similar Designation salaries in Bank of America

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(165 salaries)

₹8.84 L/yr - ₹26 L/yr

Senior Analyst Salary

(139 salaries)

₹12.53 L/yr - ₹34 L/yr

Data Engineer Salary

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₹6.96 L/yr - ₹17.02 L/yr

Business Analyst Salary

(20 salaries)

₹9 L/yr - ₹31.85 L/yr

Data Analyst Salary

(4 salaries)

₹7.92 L/yr - ₹22 L/yr

Top skills at Bank of America for Data Scientist

Data Analysis Risk Management Analytical skills Consulting Python SAS Risk Management Consulting SQL Oracle JIRA Process Improvement Risk Analytics Financial Services Data Management

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

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

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bank of America Data Scientist Salary FAQs

What is the salary of Data Scientist at Bank of America Mumbai?

Data Scientist salary at Bank of America in Mumbai ranges between ₹20.4 Lakhs to ₹36.0 Lakhs for experience between 4 years to 8 years. According to our estimates it is 95% more than the average Data Scientist Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bank of America Mumbai.

How does the salary of a Data Scientist at Bank of America Mumbai compare with the average salary range for this job?

The average salary of a Data Scientist at Bank of America is 95% more than the average salary of a Data Scientist in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Data Scientist at Bank of America?

Data Analysis, Risk Management, Analytical skills, Consulting and Python are some of the popular skills required to work as a Data Scientist at Bank of America Mumbai.

Which similar companies are paying more than Bank of America to a Data Scientist in Mumbai?

Morgan Stanley Data Scientist Salary - ₹18.0 Lakhs to ₹39.6 Lakhs per year

What is the salary of a Data Scientist in companies similar to Bank of America in Mumbai?

JPMorgan Chase & Co. Data Scientist Salary - ₹10.0 Lakhs to ₹36.0 Lakhs per year
IDFC FIRST Bank Data Scientist Salary - ₹14.0 Lakhs to ₹35.0 Lakhs per year
UBS Data Scientist Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
HSBC Group Data Scientist Salary - ₹10.0 Lakhs to ₹29.9 Lakhs per year
HDFC Bank Data Scientist Salary - ₹9.0 Lakhs to ₹24.0 Lakhs per year

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

The estimated take-home salary of a Data Scientist at Bank of America ranges between ₹1,68,763 per month to ₹1,75,257 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Data Scientist salary in India which ranges between ₹20.4 Lakhs to ₹36.0 Lakhs per year for employees with experience between 4 years to 8 years. Check how did we calculate take home salary?

What is the notice period for Data Scientist at Bank of America in Mumbai?

According to AmbitionBox, 100% of the Bank of America Data Scientists in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of America Data Scientist Salaries in Mumbai

Bank of America Data Scientist salary in Mumbai ranges between ₹20.4 Lakhs to ₹36 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.