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Bank of America Salaries in Hyderabad / Secunderabad (Updated 2025)

based on 5.1k latest salaries
Explore Salaries by Departments
Engineering - Software & QA BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations + 6 more
Designation Avg Annual Salary Open Jobs
18 - 22 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹70 L/yr - ₹1 Cr/yr

7 - 9 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹11.1 L/yr - ₹17.5 L/yr

5 - 8 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹5 L/yr - ₹14.4 L/yr

15 - 19 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹12.1 L/yr - ₹19.5 L/yr

9 - 10 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹10 L/yr - ₹20.8 L/yr

7 - 10 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹8.2 L/yr - ₹19 L/yr

14 - 16 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹23 L/yr - ₹34.6 L/yr

13 - 15 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹14.2 L/yr - ₹16.6 L/yr

5 - 13 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹6.2 L/yr - ₹18 L/yr

2 - 5 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹7.5 L/yr - ₹12 L/yr

8 - 14 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹11.4 L/yr - ₹13.5 L/yr

12 - 15 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹23 L/yr - ₹25.7 L/yr

5 - 9 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹7 L/yr - ₹14 L/yr

5 - 11 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹11 L/yr - ₹21 L/yr

2 - 4 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹3 L/yr - ₹4.5 L/yr

9 - 16 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹13.5 L/yr - ₹28.8 L/yr

7 - 9 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹12 L/yr - ₹28.6 L/yr

3 - 5 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹8.6 L/yr - ₹11.3 L/yr

14 - 16 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹15 L/yr - ₹18 L/yr

6 - 14 years exp. · Hyderabad / Secunderabad (3 salaries)
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₹12.8 L/yr - ₹22.5 L/yr

Last Updated: 2 Apr, 2025

Salary related reviews for Bank of America

3.7

Rated by 748 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 02 Oct 2023

3.0
 for  Salary and Benefits

Likes

One of the best companies to work with mainly for women its the best go for it without a second thought ,bofa made me to learn all the things it's the best one to hold one's future

read more
  • Skill development - Good
  • +3 more

Dislikes

Salary hikes are not that great but by default you will get minimum 6 percent hike

read more
  • Promotions - Poor

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 19 Apr 2023

4.0
 for  Salary and Benefits

Likes

It’s a very good organization where salary and job security top notch across the industry segments.

read more
  • Salary - Good
  • +1 more

Dislikes

Organization provides bonus and some of benefits to AVP level and above. Bossing culture is very much prevalent and if you aren’t agree with your supervisor by anyway though you’re right you’ll get punished and even HR also supporting to your supervisor. If you’re introvert in personality then you’ll be ready for sideline. In terms of your career progression and learning depends on your supervisor if they would feel comfortable then only you can proceed otherwise your supervisor finish your career through the way of bad appraisal rating. For your leave which is your rights as a employee but that will be depend when your supervisor will allow even your religious festival leave can be compromise. Mandatory leave that would be depend when your supervisor will allow/plan for you. You can’t avail your mandate leave as per your requirements. If organization provide any benefit like Relocation allowance or any wellness benefits that you cannot avail without condition. Community/Religious biasness is very much prevalent.

read more
  • Skill development - Bad
  • +3 more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  posted on 17 Oct 2023

1.0
 for  Salary and Benefits

Likes

The Bank has room for improvement in several areas. One notable concern is the allocation of meaningful work for managers. It appears that majority of managers, DHs and DLs are involved in internal politics rather than focusing on the success of the bank, which can be disheartening for employees who strive to make genuine contributions without resorting to flattery.

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Dislikes

...o place a greater emphasis on recognizing talent and hard work across the board. The current system, where recognition, awards, promotions, and salary increases appear to be concentrated among a select few, has contributed to a toxic and demotivating workplace culture. Addressing these concerns and promoting a more equitable and inclusive work environment would be instrumental in elevating the organization’s overall quality and culture.

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  • Salary - Bad
  • +6 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.

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  • 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

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  • Salary - Bad
  • +4 more

Engineering - Software & QA Department

3.0
  •  posted on 09 May 2022

1.0
 for  Salary and Benefits

Likes

...uld benefit low level employees all are tend to meant for management benefits. Company policies and pay never compete/normalise with outside market

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  • Job security - Good

Dislikes

Everything except job security. Since we work for very low wage

  • Salary - Bad
  • +2 more
see more salary related reviews

Bank of America Salary FAQs

How much does Bank of America pay to its employees?
The average annual salary at Bank of America varies depending on the role, experience, and location. The salary ranges for some popular designations at Bank of America, are as follows:

Vice President Operations ₹70 Lakhs to ₹1 Lakhs per year
Senior Quality Assurance Engineer ₹11.1 Lakhs to ₹17.5 Lakhs per year
Senior Consultant ₹5 Lakhs to ₹14.4 Lakhs per year
Manager OPS ₹12.1 Lakhs to ₹19.5 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹75 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹30 Lakhs per year, and the top 1% earn over ₹60 Lakhs per year. 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 salary estimates are based on data from 5.1k salaries submitted by Bank of America employees. Bank of America is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Bank of America in Hyderabad / Secunderabad?
The salary of a fresher at Bank of America in Hyderabad / Secunderabad typically ranges from ₹3 Lakhs to ₹25 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Team Member Salary ₹3 Lakhs to ₹4.5 Lakhs per year
Fresher as a Team Lead Salary ₹7.5 Lakhs to ₹14 Lakhs per year
Fresher as a Senior Technical Associate Salary ₹6 Lakhs to ₹13.2 Lakhs per year
Fresher as a Software Developer Salary ₹6 Lakhs to ₹10 Lakhs per year

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Average annual salary in Bank of America , Hyderabad / Secunderabad is INRunlock blur . Salary estimates are based on 5000+ Bank of America latest salaries received from various employees of Bank of America.

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