Bank of America Engineering Manager Salaries by 4 Employees (Updated 2025)

13 - 18 years exp.

₹31.2 Lakhs - ₹45 Lakhs

Low Confidence

Salary of majority employees

8% 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
JPMorgan Chase & Co. Engineering Manager Salary 12 - 18 years exp. (48 salaries)	₹25 L/yr - ₹79 L/yr 55% more
Wells Fargo Engineering Manager Salary 14 - 22 years exp. (143 salaries)	₹33 L/yr - ₹98 L/yr 96% more
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Goldman Sachs Engineering Manager Salary 7 - 11 years exp. (5 salaries)	₹25 L/yr - ₹54 L/yr 54% more
Morgan Stanley Engineering Manager Salary 5 - 18 years exp. (10 salaries)	₹26 L/yr - ₹65 L/yr 59% more
HSBC Group Engineering Manager Salary 16 - 18 years exp. (6 salaries)	₹35.5 L/yr - ₹67 L/yr 58% more
UBS Engineering Manager Salary 16 - 18 years exp. (4 salaries)	₹46.8 L/yr - ₹48.8 L/yr 43% more
IDFC FIRST Bank Engineering Manager Salary 12 - 14 years exp. (12 salaries)	₹35 L/yr - ₹65 L/yr 55% more
Barclays Engineering Manager Salary 6 - 18 years exp. (11 salaries)	₹17.1 L/yr - ₹47 L/yr At par
Standard Chartered Engineering Manager Salary 12 - 15 years exp. (8 salaries)	₹31.2 L/yr - ₹79.3 L/yr 40% more
NatWest Group Engineering Manager Salary 11 - 16 years exp. (8 salaries)	₹29.6 L/yr - ₹45 L/yr 1% more
HDFC Bank Engineering Manager Salary 12 - 14 years exp. (5 salaries)	₹35 L/yr - ₹45 L/yr 18% more
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ANZ Banking Group Engineering Manager Salary 11 - 18 years exp. (5 salaries)	₹23 L/yr - ₹50 L/yr 8% more
AU Small Finance Bank Engineering Manager Salary 1 - 11 years exp. (5 salaries)	₹4.4 L/yr - ₹35.9 L/yr 44% less
Deutsche Bank Engineering Manager Salary 10 - 20 years exp. (5 salaries)	₹37 L/yr - ₹52 L/yr 28% more

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.

Experience wise Bank of America Engineering Manager salaries

Last Updated: 13 Aug 2024

Experience	Avg Annual Salary
13 years (AmbitionBox Estimate)	₹31.2 L/yr - ₹37 L/yr
14 years (AmbitionBox Estimate)	₹13.4 L/yr - ₹41 L/yr
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15+ years (AmbitionBox Estimate)	₹13.5 L/yr - ₹45 L/yr

Similar Designation salaries in Bank of America

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(AmbitionBox Estimate)

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(AmbitionBox Estimate)

₹78.9 L/yr - ₹87.2 L/yr

Salary related reviews for Bank of America

5.0

Rated by 1 employees for salary & benefits

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

Assistant Vice President in Chennai

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)

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

Assistant Vice President in Singapore.

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.

Salary - Excellent

+4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

Skill development - Poor

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1w (edited)

an associate vice president

Offer Accepted

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 my previous org.

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Bank of America Engineering Manager Salary FAQs

What is the salary of Engineering Manager at Bank of America?

Engineering Manager salary at Bank of America in India ranges between ₹31.2 Lakhs to ₹45.0 Lakhs for experience between 13 years to 18 years. According to our estimates it is 8% less than the average Engineering Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of America India.

How does the salary of a Engineering Manager at Bank of America India compare with the average salary range for this job?

The average salary of a Engineering Manager at Bank of America is 8% less than the average salary of a Engineering Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Engineering Manager in India?

Wells Fargo Engineering Manager Salary - ₹33.0 Lakhs to ₹98.0 Lakhs per year
Morgan Stanley Engineering Manager Salary - ₹26.0 Lakhs to ₹65.0 Lakhs per year
HSBC Group Engineering Manager Salary - ₹35.5 Lakhs to ₹67.0 Lakhs per year
JPMorgan Chase & Co. Engineering Manager Salary - ₹25.0 Lakhs to ₹79.0 Lakhs per year
IDFC FIRST Bank Engineering Manager Salary - ₹35.0 Lakhs to ₹65.0 Lakhs per year

What is the salary of a Engineering Manager in companies similar to Bank of America in India?

Goldman Sachs Engineering Manager Salary - ₹25.0 Lakhs to ₹54.0 Lakhs per year
UBS Engineering Manager Salary - ₹46.8 Lakhs to ₹48.8 Lakhs per year
Standard Chartered Engineering Manager Salary - ₹31.2 Lakhs to ₹79.3 Lakhs per year
Deutsche Bank Engineering Manager Salary - ₹37.0 Lakhs to ₹52.0 Lakhs per year
HDFC Bank Engineering Manager Salary - ₹35.0 Lakhs to ₹45.0 Lakhs per year

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 ranges between ₹2,04,168 per month to ₹2,12,262 per month in India. The take-home salary calculation is based on the average Bank of America Engineering Manager salary in India which ranges between ₹31.2 Lakhs to ₹45.0 Lakhs per year for employees with experience between 13 years to 18 years. Check how did we calculate take home salary?

What is the notice period for Engineering Manager at Bank of America?

According to AmbitionBox, 100% of the Bank of America Engineering Managers reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Bank of America Engineering Manager Salaries

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