Bank of America Individual Contributor Salaries by 10+ Employees (Updated 2025)

8 - 13 years exp.

₹8 Lakhs - ₹24 Lakhs

Salary of majority employees

7% more than the average Individual Contributor Salary in Banking Companies for 8 - 13 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA Individual Contributor Salary 8 - 13 years exp. (5 salaries)	₹16 L/yr - ₹24 L/yr
Login to view exact salary
BFSI, Investments & Trading Individual Contributor Salary 8 - 9 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹15.2 L/yr

Last Updated: 9 Sep 2024

Companies similar to Bank of America for Individual Contributor

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Individual Contributor Salary 4 - 19 years exp. (11 salaries)	₹10.7 L/yr - ₹42.3 L/yr 76% more
Wells Fargo Individual Contributor Salary 6 - 11 years exp. (13 salaries)	₹7.9 L/yr - ₹15.4 L/yr 30% less
Login to view exact salary
HSBC Group Individual Contributor Salary 6 - 13 years exp. (10 salaries)	₹4.8 L/yr - ₹7 L/yr 61% less
UBS Individual Contributor Salary 3 - 12 years exp. (4 salaries)	₹7 L/yr - ₹30 L/yr 10% more
NatWest Group Individual Contributor Salary 6 - 9 years exp. (6 salaries)	₹5.2 L/yr - ₹7 L/yr 60% less
Standard Chartered Individual Contributor Salary 6 - 9 years exp. (4 salaries)	₹17.4 L/yr - ₹18 L/yr 18% more
HSBC Bank Individual Contributor Salary 9 - 11 years exp. (3 salaries)	₹5 L/yr - ₹7.3 L/yr 58% less

Individual Contributor salary at Bank of America ranges between ₹8 Lakhs to ₹24 Lakhs per year for employees with experience between 8 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 Individual Contributor salaries

Last Updated: 9 Sep 2024

Experience	Avg Annual Salary
8 years (5 salaries)	₹8 L/yr - ₹19 L/yr
9 years (3 salaries)	₹10 L/yr - ₹22 L/yr
Login to view exact salary
10 years (3 salaries)	₹10.4 L/yr - ₹22 L/yr
11 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
12 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹23 L/yr
13 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹24 L/yr

View all

Similar Designation salaries in Bank of America

Principal Consultant Salary

(AmbitionBox Estimate)

₹18 L/yr - ₹23 L/yr

Technical Manager Salary

(28 salaries)

₹17.5 L/yr - ₹47.9 L/yr

Technical Architect Salary

(5 salaries)

₹20 L/yr - ₹41 L/yr

Senior Engineer Salary

(30 salaries)

₹3.75 L/yr - ₹19 L/yr

Lead Engineer Salary

(9 salaries)

₹18.5 L/yr - ₹34.6 L/yr

Associate Consultant Salary

(5 salaries)

₹5.5 L/yr - ₹9.79 L/yr

Lead Consultant Salary

(3 salaries)

₹32 L/yr - ₹38 L/yr

Technical Specialist Salary

(4 salaries)

₹10.05 L/yr - ₹14.35 L/yr

Senior Consultant Salary

(21 salaries)

₹7.2 L/yr - ₹28 L/yr

Technical Lead Salary

(64 salaries)

₹11.78 L/yr - ₹39 L/yr

Salary related reviews for Bank of America

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.

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.

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

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

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

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

Got a question about Bank of America?

Ask anonymously on communities.

Bank of America Individual Contributor Salary FAQs

What is the salary of Individual Contributor at Bank of America?

Individual Contributor salary at Bank of America in India ranges between ₹8.0 Lakhs to ₹24.0 Lakhs for experience between 8 years to 13 years. According to our estimates it is 7% more than the average Individual Contributor Salary in India. Salary estimates are based on 13 latest salaries received from various employees of Bank of America India.

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

The average salary of a Individual Contributor at Bank of America is 7% more than the average salary of a Individual Contributor in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Individual Contributor in India?

JPMorgan Chase & Co. Individual Contributor Salary - ₹10.7 Lakhs to ₹42.3 Lakhs per year
Standard Chartered Individual Contributor Salary - ₹17.4 Lakhs to ₹18.0 Lakhs per year
UBS Individual Contributor Salary - ₹7.0 Lakhs to ₹30.0 Lakhs per year

What is the salary of a Individual Contributor in companies similar to Bank of America in India?

Wells Fargo Individual Contributor Salary - ₹7.9 Lakhs to ₹15.4 Lakhs per year
HSBC Bank Individual Contributor Salary - ₹5.0 Lakhs to ₹7.3 Lakhs per year
NatWest Group Individual Contributor Salary - ₹5.2 Lakhs to ₹7.0 Lakhs per year
HSBC Group Individual Contributor Salary - ₹4.8 Lakhs to ₹7.0 Lakhs per year

What is the estimated take home salary of a Individual Contributor at Bank of America in India?

The estimated take-home salary of a Individual Contributor at Bank of America ranges between ₹1,03,613 per month to ₹1,06,451 per month in India. The take-home salary calculation is based on the average Bank of America Individual Contributor salary in India which ranges between ₹8.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 8 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Individual Contributor at Bank of America?

According to AmbitionBox, 80% of the Bank of America Individual Contributors reported a notice period of 2 Months, 20% reported a notice period of More than 3 months.This is based on 5 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Home >
Salaries >
Bank of America Salaries >
Bank of America Individual Contributor Salaries

Bank of America Individual Contributor salary in India ranges between ₹8 Lakhs to ₹24 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.