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Bank of America Engineering Manager salaries in India

Annual salary range
13 - 18 years exp.
₹31.2 Lakhs - ₹45 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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9% less than the average Engineering Manager Salary in Banking Companies for 13 - 18 years of experience

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Last Updated: 13 Aug 2024

Companies similar to Bank of America for Engineering Manager

Company name Avg Annual Salary Open Jobs
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IDFC FIRST Bank Engineering Manager Salary

12 - 14 years exp. (12 salaries)

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₹35 L/yr - ₹65 L/yr

arrow icon 58% more
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Barclays Engineering Manager Salary

6 - 18 years exp. (11 salaries)

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₹17.1 L/yr - ₹47 L/yr

At par
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Standard Chartered Engineering Manager Salary

12 - 15 years exp. (8 salaries)

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₹31.2 L/yr - ₹79.3 L/yr

arrow icon 40% more
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NatWest Group Engineering Manager Salary

11 - 16 years exp. (8 salaries)

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₹29.6 L/yr - ₹45 L/yr

arrow icon 1% more
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HDFC Bank Engineering Manager Salary

12 - 14 years exp. (5 salaries)

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₹35 L/yr - ₹45 L/yr

arrow icon 18% more
1 job opening
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ANZ Banking Group Engineering Manager Salary

11 - 18 years exp. (5 salaries)

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₹23 L/yr - ₹50 L/yr

arrow icon 8% more
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₹4.4 L/yr - ₹35.9 L/yr

arrow icon 44% less
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Deutsche Bank Engineering Manager Salary

10 - 20 years exp. (5 salaries)

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₹37 L/yr - ₹52 L/yr

arrow icon 28% more
1 job opening
Engineering Manager salary at Bank of America ranges between ₹31.2 Lakhs to ₹45 Lakhs per year for employees with experience between 13 years to 18 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Engineering Manager

4mo ago
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18 years exp.
7mo ago
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14 years exp.
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13 years exp.
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13 years exp.

Experience wise Bank of America Engineering Manager salaries

Last Updated: 13 Aug 2024

Experience Avg Annual Salary
13 years (AmbitionBox Estimate)

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₹31.2 L/yr - ₹37 L/yr
14 years (AmbitionBox Estimate)

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₹13.4 L/yr - ₹41 L/yr
15+ years (AmbitionBox Estimate)

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₹13.5 L/yr - ₹45 L/yr

Similar Designation salaries in Bank of America

Senior Engineering Manager Salary
(AmbitionBox Estimate)
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₹33.3 L/yr - ₹42.6 L/yr
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₹16 L/yr - ₹74.8 L/yr
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₹18.5 L/yr - ₹40 L/yr
Project Manager Salary
(55 salaries)
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₹10.4 L/yr - ₹30 L/yr
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₹17.5 L/yr - ₹47.9 L/yr
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₹13 L/yr - ₹31.9 L/yr
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₹21 L/yr - ₹45 L/yr
Scrum Master Salary
(66 salaries)
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₹9.57 L/yr - ₹40.36 L/yr
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₹28 L/yr - ₹32 L/yr
Principal Engineer Salary
(AmbitionBox Estimate)
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₹78.9 L/yr - ₹87.2 L/yr

Salary related reviews for Bank of America

5.0

Rated by 1 employees for salary & benefits

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

read more
  • 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

read more
  • Skill development - Bad
  • +4 more

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 18 Aug 2023

4.0
 for  Salary and Benefits

Likes

Good Salary, work life balance.

  • Salary - Good
  • +4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

read more

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

read more
  • Salary - Good
  • +5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

read more

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.

read more
  • 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

read more
  • Salary - Bad
  • +4 more

Customer Success, Service & Operations Department

5.0
  •  posted on 13 Oct 2022

5.0
 for  Salary and Benefits

Likes

-Nice Bank Culture -Great work life balance -Wide learning (self effort) -Market wise good salary and benefits are probably best in the industry.

read more
  • Salary - Excellent
  • +4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

  • Skill development - Poor
see more salary related reviews

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Bank of America Engineering Manager Salary FAQs

What is the salary of Engineering Manager at Bank of America ?
The average salary of a Engineering Manager at Bank of America in India typically ranges from ₹31.2 Lakhs to ₹45.0 Lakhs per year, depending on experience (from 13 years to 18 years).

The top 10% of Engineering Manager at Bank of America earn more than ₹45.0 Lakhs per year, and the top 1% earn over ₹45.0 Lakhs per year. Engineering Manager 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 4 Bank of America employees in India.
What is the estimated take home salary of a Engineering Manager at Bank of America in India?
The estimated take-home salary of a Engineering Manager at Bank of America in India typically ranges from ₹2,04,168 to ₹2,12,262 per month. This is based on the average salary range of ₹31.2 Lakhs to ₹45.0 Lakhs per year for employees with experience ranging from 13 years to 18 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 4 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of America for Engineering Manager in India?
IDFC FIRST Bank ₹35.0 Lakhs to ₹65.0 Lakhs per year
Standard Chartered ₹31.2 Lakhs to ₹79.3 Lakhs per year
Deutsche Bank ₹37.0 Lakhs to ₹52.0 Lakhs per year
HDFC Bank ₹35.0 Lakhs to ₹45.0 Lakhs per year
ANZ Banking Group ₹23.0 Lakhs to ₹50.0 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 Engineering Manager in companies similar to Bank of America in India?
The salary of a Engineering Manager at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Group ₹29.6 Lakhs to ₹45.0 Lakhs per year
Barclays ₹17.1 Lakhs to ₹47.0 Lakhs per year
AU Small Finance Bank ₹4.4 Lakhs to ₹35.9 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 Engineering Manager at Bank of America in India?
The salary growth for a Engineering Manager at Bank of America depends on factors such as experience, performance, and promotions. On average, a Engineering Manager can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
13 years ₹31.2 Lakhs to ₹37.0 Lakhs per year
14 years ₹13.4 Lakhs to ₹41.0 Lakhs per year
15 years ₹13.5 Lakhs to ₹45.0 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of America Engineering Manager salary in India ranges between ₹31.2 Lakhs to ₹45 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.