Bank of America Finance Manager Salaries by 10+ Employees (Updated 2025)

6 - 13 years exp.

₹11.6 Lakhs - ₹31 Lakhs

Salary of majority employees

44% more than the average Finance Manager Salary in Banking Companies for 6 - 13 years of experience

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Salaries in different departments

Finance & Accounting Finance Manager Salary 8 - 13 years exp. (8 salaries)	₹17 L/yr - ₹31 L/yr
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BFSI, Investments & Trading Finance Manager Salary 6 - 10 years exp. (4 salaries)	₹11.6 L/yr - ₹26.4 L/yr

Last Updated: 23 Feb 2025

Companies similar to Bank of America for Finance Manager

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Finance Manager Salary 0 - 16 years exp. (16 salaries)	₹10 L/yr - ₹26 L/yr 22% less
Wells Fargo Finance Manager Salary 4 - 15 years exp. (14 salaries)	₹15.2 L/yr - ₹28 L/yr 12% less
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Goldman Sachs Finance Manager Salary 0 - 5 years exp. (4 salaries)	₹9 L/yr - ₹25 L/yr 44% less
Morgan Stanley Finance Manager Salary 9 - 19 years exp. (7 salaries)	₹12 L/yr - ₹27 L/yr 15% less
HSBC Group Finance Manager Salary 1 - 17 years exp. (135 salaries)	₹11 L/yr - ₹27.5 L/yr 26% less
UBS Finance Manager Salary 8 - 25 years exp. (4 salaries)	₹13.7 L/yr - ₹25 L/yr 11% less
ICICI Bank Finance Manager Salary 0 - 5 years exp. (71 salaries)	₹8.4 L/yr - ₹16 L/yr 62% less
HSBC Electronic Data Processing Finance Manager Salary 8 - 18 years exp. (62 salaries)	₹11.5 L/yr - ₹25 L/yr 27% less
HDFC Bank Finance Manager Salary 0 - 8 years exp. (36 salaries)	₹2.4 L/yr - ₹6.2 L/yr 77% less
NatWest Group Finance Manager Salary 9 - 17 years exp. (19 salaries)	₹13.5 L/yr - ₹23.5 L/yr 23% less
Standard Chartered Finance Manager Salary 3 - 14 years exp. (25 salaries)	₹9.8 L/yr - ₹33 L/yr 5% less
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AU Small Finance Bank Finance Manager Salary 0 - 9 years exp. (23 salaries)	₹2 L/yr - ₹4.8 L/yr 85% less
IndusInd Bank Finance Manager Salary 1 - 15 years exp. (23 salaries)	₹2.5 L/yr - ₹5.6 L/yr 85% less
Deutsche Bank Finance Manager Salary 0 - 17 years exp. (20 salaries)	₹7.4 L/yr - ₹24.4 L/yr 38% less
Jana Small Finance Bank Finance Manager Salary 2 - 10 years exp. (16 salaries)	₹2 L/yr - ₹7.4 L/yr 83% less
IDFC FIRST Bank Finance Manager Salary 3 - 10 years exp. (14 salaries)	₹1.6 L/yr - ₹8.4 L/yr 86% less
Utkarsh Small Finance Bank Finance Manager Salary 0 - 8 years exp. (8 salaries)	₹2 L/yr - ₹3 L/yr 89% less
Yes Bank Finance Manager Salary 1 - 11 years exp. (7 salaries)	₹6.2 L/yr - ₹15.5 L/yr 65% less
Barclays Finance Manager Salary 3 - 18 years exp. (7 salaries)	₹8 L/yr - ₹32.4 L/yr 25% less
Ujjivan Small Finance Bank Finance Manager Salary 2 - 18 years exp. (4 salaries)	₹2.5 L/yr - ₹7.5 L/yr 76% less

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Finance Manager salary at Bank of America ranges between ₹11.6 Lakhs to ₹31 Lakhs per year for employees with experience between 6 years to 13 years. Salary estimates are based on 13 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Finance Manager salaries

Last Updated: 23 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹26.4 L/yr
7 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹43.8 L/yr
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8 years (4 salaries)	₹21.1 L/yr - ₹31 L/yr
9 years (AmbitionBox Estimate)	₹17 L/yr - ₹31 L/yr
10 years (3 salaries)	₹11.6 L/yr - ₹44.8 L/yr
11 years (AmbitionBox Estimate)	₹10 L/yr - ₹25.5 L/yr
12 years (AmbitionBox Estimate)	₹22.7 L/yr - ₹29 L/yr
13 years (AmbitionBox Estimate)	₹24.5 L/yr - ₹45.8 L/yr

View all

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Salary related reviews for Bank of America

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)

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.

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

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• posted on 20 Feb 2022

4.0

for Salary and Benefits

Likes

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

+6 more

Dislikes

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bank of America Finance Manager Salary FAQs

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

The average salary of a Finance Manager at Bank of America in India typically ranges from ₹11.6 Lakhs to ₹31.0 Lakhs per year, depending on experience (from 6 years to 13 years).

The top 10% of Finance Manager at Bank of America earn more than ₹31.0 Lakhs per year, and the top 1% earn over ₹31.0 Lakhs per year. Finance 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 10+ Bank of America employees in India.

What is the estimated take home salary of a Finance Manager at Bank of America in India?

The estimated take-home salary of a Finance Manager at Bank of America in India typically ranges from ₹1,57,350 to ₹1,63,328 per month. This is based on the average salary range of ₹11.6 Lakhs to ₹31.0 Lakhs per year for employees with experience ranging from 6 years to 13 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 10+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

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

The salary of a Finance 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:

Standard Chartered	₹9.8 Lakhs to ₹33.0 Lakhs per year
UBS	₹13.7 Lakhs to ₹25.0 Lakhs per year
Wells Fargo	₹15.2 Lakhs to ₹28.0 Lakhs per year
Morgan Stanley	₹12.0 Lakhs to ₹27.0 Lakhs per year
JPMorgan Chase & Co.	₹10.0 Lakhs to ₹26.0 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 Finance Manager at Bank of America in India?

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

Experience	Average Salary Range
6 years	₹9.7 Lakhs to ₹26.4 Lakhs per year
7 years	₹17.5 Lakhs to ₹43.8 Lakhs per year
8 years	₹21.1 Lakhs to ₹31.0 Lakhs per year
9 years	₹17.0 Lakhs to ₹31.0 Lakhs per year

and so on.

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Bank of America Finance Manager Salaries

Bank of America Finance Manager salary in India ranges between ₹11.6 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bank of America latest salaries received from various employees of Bank of America.