Bank of America Mumbai Investment Banking Analyst Salaries by 90+ Employees (Updated 2025)

1 - 5 years exp.

₹13 Lakhs - ₹26.6 Lakhs

Avg. annual salary

Monthly In-hand Salary

19% more than the average Investment Banking Analyst Salary in Banking Companies for 1 - 5 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading Investment Banking Analyst Salary 1 - 5 years exp. (61 salaries)	₹15 L/yr - ₹26.6 L/yr
Login to view exact salary
Finance & Accounting Investment Banking Analyst Salary 1 - 3 years exp. (5 salaries)	₹14.8 L/yr - ₹21.3 L/yr

Last Updated: 2 Apr 2025

Companies similar to Bank of America for Investment Banking Analyst in Mumbai

Bank of America Investment Banking Analyst Salary

1 - 5 years exp. (95 salaries)

₹13 L/yr - ₹26.6 L/yr

Company name	Avg Annual Salary	Open Jobs
Deutsche Bank Investment Banking Analyst Salary 0 - 3 years exp. (19 salaries)	₹8.5 L/yr - ₹14.4 L/yr 35% less
HDFC Bank Investment Banking Analyst Salary 2 - 4 years exp. (8 salaries)	₹8.3 L/yr - ₹20 L/yr 34% less
Login to view exact salary
Barclays Investment Banking Analyst Salary 0 - 2 years exp. (7 salaries)	₹10 L/yr - ₹18 L/yr 40% less
IndusInd Bank Investment Banking Analyst Salary 2 - 3 years exp. (6 salaries)	₹11 L/yr - ₹16 L/yr 41% less
Yes Bank Investment Banking Analyst Salary 1 - 2 years exp. (5 salaries)	₹6 L/yr - ₹11.9 L/yr 52% less

Investment Banking Analyst salary at Bank of America ranges between ₹13 Lakhs to ₹26.6 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 95 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Investment Banking Analyst in Mumbai

1d ago

₹23 Lakhs

3 years exp.

2w ago

₹21 Lakhs

1 year exp.

3w ago

₹22 Lakhs

3 years exp.

3w ago

₹24.5 Lakhs

2 years exp.

1mo ago

₹25 Lakhs

3 years exp.

1mo ago

3 years exp.

1mo ago

5 years exp.

1mo ago

5 years exp.

2mo ago

2 years exp.

2mo ago

2 years exp.

Experience wise Bank of America Investment Banking Analyst salaries in Mumbai

Last Updated: 2 Apr 2025

Experience	Avg Annual Salary
1 year (22 salaries)	₹14.8 L/yr - ₹21 L/yr
2 years (29 salaries)	₹13 L/yr - ₹26.6 L/yr
Login to view exact salary
3 years (28 salaries)	₹15 L/yr - ₹25 L/yr
4 years (9 salaries)	₹15 L/yr - ₹25 L/yr
5 years (7 salaries)	₹15.3 L/yr - ₹22 L/yr

From

Investment Banking Analyst

1 - 5 years exp.

Senior Investment Banking Analyst

5 - 8 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bank of America

Senior Analyst Salary

(138 salaries)

₹12.35 L/yr - ₹38.1 L/yr

Business Analyst Salary

(18 salaries)

₹8 L/yr - ₹24.31 L/yr

Senior Business Analyst Salary

(15 salaries)

₹11.8 L/yr - ₹29.85 L/yr

Operations Analyst Salary

(14 salaries)

₹2.4 L/yr - ₹11.1 L/yr

Investment Banking Associate Salary

(13 salaries)

₹22.6 L/yr - ₹64.65 L/yr

Financial Analyst Salary

(11 salaries)

₹3.8 L/yr - ₹16.14 L/yr

Senior Financial Analyst Salary

(5 salaries)

₹3.6 L/yr - ₹7.4 L/yr

Research Analyst Salary

(3 salaries)

₹8.65 L/yr - ₹9 L/yr

Salary related reviews for Bank of America

3.4

Rated by 6 employees for salary & benefits

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Mar 2025

1.0

for Salary and Benefits

Likes

...e was good but now India Mumbai site leadership gang just exploiting employee...for their bonus and promotion..they are paying less to employees and keeping all the money in their pockets

Dislikes

Office politics. you can't grow if you are not part of gang ...old employee are forced to leave the company as now they are good for nothing for leadership team.....all the leaders got promotion because of old employees hard work but now they forgot everything and they are making their life miserable

Salary - Bad

+4 more

Assistant Vice President in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

+4 more

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)

Analyst in Gurgaon / Gurugram

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.

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.

Skill development - Poor

+2 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

100 participants . expiring in 20h

Got a question about Bank of America?

Ask anonymously on communities.

Bank of America Investment Banking Analyst Salary FAQs

What is the salary of Investment Banking Analyst at Bank of America in Mumbai?

The average salary of a Investment Banking Analyst at Bank of America in Mumbai typically ranges from ₹13.0 Lakhs to ₹26.6 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Investment Banking Analyst in Mumbai at Bank of America earn more than ₹22.0 Lakhs per year, and the top 1% earn over ₹26.3 Lakhs per year. Investment Banking 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 Investment Banking Analyst at Bank of America in Mumbai?

The estimated take-home salary of a Investment Banking Analyst at Bank of America in Mumbai typically ranges from ₹1,36,046 to ₹1,41,061 per month. This is based on the average salary range of ₹13.0 Lakhs to ₹26.6 Lakhs per year for employees with experience ranging from 1 year to 5 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.

What is the salary of a Investment Banking Analyst in companies similar to Bank of America in Mumbai?

The salary of a Investment Banking 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	₹8.3 Lakhs to ₹20.0 Lakhs per year
Deutsche Bank	₹8.5 Lakhs to ₹14.4 Lakhs per year
Barclays	₹10.0 Lakhs to ₹18.0 Lakhs per year
IndusInd Bank	₹11.0 Lakhs to ₹16.0 Lakhs per year
Yes Bank	₹6.0 Lakhs to ₹11.9 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 Investment Banking Analyst at Bank of America in Mumbai?

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

Experience	Average Salary Range
1 year	₹14.8 Lakhs to ₹21.0 Lakhs per year
2 years	₹13.0 Lakhs to ₹26.6 Lakhs per year
3 years	₹15.0 Lakhs to ₹25.0 Lakhs per year
4 years	₹15.0 Lakhs to ₹25.0 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Bank of America Salaries >
Bank of America Investment Banking Analyst Salaries >
Bank of America Investment Banking Analyst Salaries in Mumbai

Bank of America Investment Banking Analyst salary in Mumbai ranges between ₹13 Lakhs to ₹26.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 95 Bank of America latest salaries received from various employees of Bank of America.