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Bank of America Fraud Analyst salaries in Mumbai (Updated 2025)

Annual salary range
1 - 4 years exp.
₹3 Lakhs - ₹5.1 Lakhs
Salary of majority employees
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18% less than the average Fraud Analyst Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

Risk Management & Compliance
Fraud Analyst Salary
1 - 4 years exp. (46 salaries)
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₹3 L/yr - ₹5.1 L/yr

Customer Success, Service & Operations
Fraud Analyst Salary
1 - 3 years exp. (11 salaries)
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₹3.5 L/yr - ₹4.1 L/yr

Finance & Accounting
Fraud Analyst Salary
1 - 3 years exp. (11 salaries)
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₹3.5 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Fraud Analyst Salary
2 - 3 years exp. (5 salaries)
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₹3.5 L/yr - ₹4.1 L/yr

Data Science & Analytics
Fraud Analyst Salary
2 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.1 L/yr

Last Updated: 20 Mar 2025

Companies similar to Bank of America for Fraud Analyst in Mumbai

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Bank of America Fraud Analyst Salary

1 - 4 years exp. (99 salaries)

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₹3 L/yr - ₹5.1 L/yr

vs
Company name Avg Annual Salary Open Jobs
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RBL Bank Fraud Analyst Salary

1 - 5 years exp. (13 salaries)

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₹1.9 L/yr - ₹3.1 L/yr

arrow icon 36% less
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IDFC FIRST Bank Fraud Analyst Salary

1 - 5 years exp. (9 salaries)

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₹2.2 L/yr - ₹4.3 L/yr

arrow icon 26% less
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Barclays Fraud Analyst Salary

2 - 7 years exp. (6 salaries)

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₹6 L/yr - ₹8 L/yr

arrow icon 82% more
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Yes Bank Fraud Analyst Salary

1 - 4 years exp. (4 salaries)

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₹2.5 L/yr - ₹3 L/yr

arrow icon 31% less
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HDFC Bank Fraud Analyst Salary

0 - 3 years exp. (4 salaries)

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₹2 L/yr - ₹4.7 L/yr

arrow icon 19% less
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Standard Chartered Fraud Analyst Salary

3 - 6 years exp. (4 salaries)

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₹4.2 L/yr - ₹8 L/yr

arrow icon 49% more
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IndusInd Bank Fraud Analyst Salary

1 - 3 years exp. (3 salaries)

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₹1.8 L/yr - ₹3.1 L/yr

arrow icon 39% less
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₹2.5 L/yr - ₹5.5 L/yr

arrow icon 13% more
Fraud Analyst salary at Bank of America ranges between ₹3 Lakhs to ₹5.1 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 99 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Fraud Analyst in Mumbai

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Experience wise Bank of America Fraud Analyst salaries in Mumbai

Last Updated: 20 Mar 2025

Experience Avg Annual Salary
1 year  (18 salaries)

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₹3 L/yr - ₹4.5 L/yr
2 years  (46 salaries)

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₹3 L/yr - ₹5 L/yr
3 years  (34 salaries)

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₹3 L/yr - ₹5.1 L/yr
4 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹4.7 L/yr

Similar Designation salaries in Bank of America

Team Lead Salary
(199 salaries)
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₹5.5 L/yr - ₹15.65 L/yr
Analyst Salary
(185 salaries)
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₹8.84 L/yr - ₹27 L/yr
Senior Analyst Salary
(139 salaries)
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₹12.35 L/yr - ₹38.1 L/yr
Quality Analyst Salary
(19 salaries)
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₹3.99 L/yr - ₹17.29 L/yr
Risk Analyst Salary
(7 salaries)
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₹4.5 L/yr - ₹18.68 L/yr
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₹4.22 L/yr - ₹4.8 L/yr

Salary related reviews for Bank of America

3.7

Rated by 7 employees for salary & benefits

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 08 Oct 2023

5.0
 for  Salary and Benefits

Likes

-Superb benefits- cab facility, gym reimbursement, career development, sodexo card benefit, amazing food. - Work-life balance is good. No overtimes - Managers are supportive. - Job security Must recommend to join this company especially to women.

read more
  • Salary - Excellent
  • +6 more

Dislikes

-Low salary package is the only cons. Otherwise, best organization to work.

read more

Full Time

 · 

Other Department

4.0
  •  posted on 08 Feb 2024

2.0
 for  Salary and Benefits

Likes

Only we will manage work life as much we can.

  • Skill development - Good
  • +2 more

Dislikes

...r growth stuck on one place and queue to work one sided 5 to 6 i observed it. Next they have not giving good salary.

read more
  • Salary - Poor
  • +2 more

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +2 more

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.

read more
  • 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.

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GIS Department

5.0
  •  posted on 27 Jan 2022

5.0
 for  Salary and Benefits

Likes

...d it's the company with a great work ethics, work life balance and job security. Salary is all fixed + Sodexo & transport as an extra benefits. But since it's a bank, lot of projects are on legacy and switching from one technology to another is so difficult, it's only possible if you have good relations with leadership.

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  • Salary - Excellent
  • +6 more

Dislikes

Since it's a bank so lot of legacy project and some of the guys working in a project from 10-12 years. So it's quiet difficult to get a good latest technology project or if you want to switch technology then you should have good relationship with manager. The other problem is with their is nothing like HR, they always say we are here for you but they are for managers only, and there is no value of associate in their eyes. They just came in picture for selling parental insurance, diversity and throwing policies on associates.

read more
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Bank of America Fraud Analyst Salary FAQs

What is the salary of Fraud Analyst at Bank of America in Mumbai?
The average salary of a Fraud Analyst at Bank of America in Mumbai typically ranges from ₹3.0 Lakhs to ₹5.1 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Fraud Analyst in Mumbai at Bank of America earn more than ₹4.3 Lakhs per year, and the top 1% earn over ₹5.0 Lakhs per year. Fraud Analyst 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 90+ Bank of America employees in India.
What is the estimated take home salary of a Fraud Analyst at Bank of America in Mumbai?
The estimated take-home salary of a Fraud Analyst at Bank of America in Mumbai typically ranges from ₹29,321 to ₹30,695 per month. This is based on the average salary range of ₹3.0 Lakhs to ₹5.1 Lakhs per year for employees with experience ranging from 1 year to 4 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 90+ 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 Fraud Analyst in India?
Barclays ₹6.0 Lakhs to ₹8.0 Lakhs per year
Standard Chartered ₹4.2 Lakhs to ₹8.0 Lakhs per year
Utkarsh Small Finance Bank ₹2.5 Lakhs to ₹5.5 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 Fraud Analyst in companies similar to Bank of America in Mumbai?
The salary of a Fraud Analyst at companies similar to Bank of America in Mumbai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDFC Bank ₹2.0 Lakhs to ₹4.7 Lakhs per year
IDFC FIRST Bank ₹2.2 Lakhs to ₹4.3 Lakhs per year
Yes Bank ₹2.5 Lakhs to ₹3.0 Lakhs per year
RBL Bank ₹1.9 Lakhs to ₹3.1 Lakhs per year
IndusInd Bank ₹1.8 Lakhs to ₹3.1 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 Fraud Analyst at Bank of America in Mumbai?
The salary growth for a Fraud Analyst at Bank of America in Mumbai depends on factors such as experience, performance, and promotions. On average, a Fraud Analyst in Mumbai can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹4.5 Lakhs per year
2 years ₹3.0 Lakhs to ₹5.0 Lakhs per year
3 years ₹3.0 Lakhs to ₹5.1 Lakhs per year
4 years ₹3.7 Lakhs to ₹4.7 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of America Fraud Analyst salary in Mumbai ranges between ₹3 Lakhs to ₹5.1 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 99 Bank of America latest salaries received from various employees of Bank of America.