Bank of America Department Manager Salaries by 2 Employees (Updated 2025)

6 - 15 years exp.

₹21.6 Lakhs - ₹27.6 Lakhs

Low Confidence

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Last Updated: 18 May 2024

Companies similar to Bank of America for Department Manager

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Department Manager Salary 0 - 10 years exp. (4 salaries)	Unlock ₹10 L/yr - ₹24.7 L/yr 4% less
Wells Fargo Department Manager Salary 7 - 13 years exp. (4 salaries)	Unlock ₹20 L/yr - ₹29 L/yr 9% less
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HSBC Group Department Manager Salary 4 - 19 years exp. (10 salaries)	Unlock ₹9 L/yr - ₹14 L/yr 53% less
ICICI Bank Department Manager Salary 0 - 12 years exp. (28 salaries)	Unlock ₹3 L/yr - ₹9 L/yr 79% less
HDFC Bank Department Manager Salary 1 - 9 years exp. (26 salaries)	Unlock ₹3.5 L/yr - ₹8.2 L/yr 82% less
IndusInd Bank Department Manager Salary 1 - 12 years exp. (14 salaries)	Unlock ₹3.6 L/yr - ₹4.9 L/yr 83% less
Yes Bank Department Manager Salary 0 - 6 years exp. (12 salaries)	Unlock ₹4 L/yr - ₹10.3 L/yr 75% less
IDFC FIRST Bank Department Manager Salary 3 - 5 years exp. (5 salaries)	Unlock ₹3.4 L/yr - ₹9.8 L/yr 76% less
Standard Chartered Department Manager Salary 2 - 13 years exp. (5 salaries)	Unlock ₹12 L/yr - ₹18 L/yr 41% less
AU Small Finance Bank Department Manager Salary 3 - 6 years exp. (5 salaries)	Unlock ₹3.6 L/yr - ₹9.2 L/yr 74% less
IDBI Bank Department Manager Salary 0 - 12 years exp. (4 salaries)	Unlock ₹6.8 L/yr - ₹23 L/yr 40% less
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RBL Bank Department Manager Salary 4 - 10 years exp. (4 salaries)	Unlock ₹6.5 L/yr - ₹18 L/yr 55% less
State Bank of India Department Manager Salary 0 - 30 years exp. (4 salaries)	Unlock ₹20 L/yr - ₹75 L/yr 38% more
DCB Bank Department Manager Salary 1 - 15 years exp. (3 salaries)	Unlock ₹3.8 L/yr - ₹18 L/yr 63% less
Ujjivan Small Finance Bank Department Manager Salary 2 - 8 years exp. (3 salaries)	Unlock ₹3.4 L/yr - ₹6 L/yr 82% less

Department Manager salary at Bank of America ranges between ₹21.6 Lakhs to ₹27.6 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 2 latest salaries received from various employees of Bank of America.

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Salary related reviews for Bank of America

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.

Salary - Good

+6 more

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.

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• posted on 20 Feb 2022

4.0

for Salary and Benefits

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Work life balance is super duper great, job security is like govt.job,management is very supportive and company policies are employee friendly.

Salary - Good

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Yearly bonus is very less as compared to other companies of same industry. No gifts on diwali, no monetary reward

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Job security - Good

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Salary - Bad

+3 more

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Skill development - Bad

+4 more

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Job security - Excellent

+3 more

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bank of America Department Manager Salaries

Bank of America Department Manager salary in India ranges between ₹21.6 Lakhs to ₹27.6 Lakhs. This is an estimate based on latest salaries received from employees of Bank of America.

Bank of America Department Manager salaries in India

Companies similar to Bank of America for Department Manager

Similar Designation salaries in Bank of America

Salary related reviews for Bank of America

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