Bank of America IT Analyst Salaries by 10+ Employees (Updated 2025)

6 - 10 years exp.

₹9.1 Lakhs - ₹17.2 Lakhs

Salary of majority employees

35% more than the average IT Analyst Salary in Banking Companies for 6 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA IT Analyst Salary 6 - 8 years exp. (5 salaries)	₹9.1 L/yr - ₹15 L/yr
IT & Information Security IT Analyst Salary 8 - 9 years exp. (3 salaries)	₹12.7 L/yr - ₹14.9 L/yr
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Engineering - Hardware & Networks IT Analyst Salary 7 - 8 years exp. (AmbitionBox Estimate)	₹11.8 L/yr - ₹13.5 L/yr

Last Updated: 22 Dec 2024

Companies similar to Bank of America for IT Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. IT Analyst Salary 0 - 12 years exp. (19 salaries)	₹4.4 L/yr - ₹12 L/yr 29% less
Wells Fargo IT Analyst Salary 2 - 12 years exp. (14 salaries)	₹4 L/yr - ₹14.4 L/yr 29% less
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Citigroup IT Analyst Salary 0 - 9 years exp. (4 salaries)	₹6.8 L/yr - ₹13 L/yr 21% less
Goldman Sachs IT Analyst Salary 0 - 6 years exp. (108 salaries)	₹3.5 L/yr - ₹7.5 L/yr 59% less	1 job opening
Morgan Stanley IT Analyst Salary 0 - 5 years exp. (7 salaries)	₹6 L/yr - ₹21.9 L/yr 5% more
HSBC Group IT Analyst Salary 0 - 8 years exp. (10 salaries)	₹2 L/yr - ₹7.5 L/yr 69% less
UBS IT Analyst Salary 6 - 11 years exp. (63 salaries)	₹5.1 L/yr - ₹12.8 L/yr 34% less
ICICI Bank IT Analyst Salary 0 - 2 years exp. (45 salaries)	₹5 L/yr - ₹19 L/yr 11% less
Barclays IT Analyst Salary 0 - 11 years exp. (18 salaries)	₹6.5 L/yr - ₹20 L/yr 6% less
Deutsche Bank IT Analyst Salary 0 - 8 years exp. (12 salaries)	₹6.2 L/yr - ₹15 L/yr 22% less
NatWest Group IT Analyst Salary 2 - 13 years exp. (10 salaries)	₹4.8 L/yr - ₹16.7 L/yr 14% less
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HDFC Bank IT Analyst Salary 6 - 13 years exp. (6 salaries)	₹6 L/yr - ₹25.1 L/yr 18% more
Standard Chartered IT Analyst Salary 0 - 5 years exp. (5 salaries)	₹3.8 L/yr - ₹11 L/yr 48% less
State Bank of India IT Analyst Salary 3 - 17 years exp. (4 salaries)	₹6.5 L/yr - ₹24 L/yr 8% less
IndusInd Bank IT Analyst Salary 2 - 6 years exp. (3 salaries)	₹3 L/yr - ₹10.5 L/yr 45% less

IT Analyst salary at Bank of America ranges between ₹9.1 Lakhs to ₹17.2 Lakhs per year for employees with experience between 6 years to 10 years. Salary estimates are based on 11 latest salaries received from various employees of Bank of America.

Experience wise Bank of America IT Analyst salaries

Last Updated: 22 Dec 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹21 L/yr
7 years (AmbitionBox Estimate)	₹9.1 L/yr - ₹13.5 L/yr
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8 years (6 salaries)	₹9.1 L/yr - ₹15 L/yr
9 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹14.9 L/yr
10 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹17.2 L/yr

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Salary related reviews for Bank of America

4.3

Rated by 2 employees for salary & benefits

Software Developer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

Salary - Excellent

+1 more

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

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

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.

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.

see more salary related reviews

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of America IT Analyst Salary FAQs

What is the salary of IT Analyst at Bank of America?

IT Analyst salary at Bank of America in India ranges between ₹9.1 Lakhs to ₹17.2 Lakhs for experience between 6 years to 10 years. According to our estimates it is 35% more than the average IT Analyst Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Bank of America India.

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

The average salary of a IT Analyst at Bank of America is 35% more than the average salary of a IT Analyst in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a IT Analyst in India?

HDFC Bank IT Analyst Salary - ₹6.0 Lakhs to ₹25.1 Lakhs per year
Morgan Stanley IT Analyst Salary - ₹6.0 Lakhs to ₹21.9 Lakhs per year

What is the salary of a IT Analyst in companies similar to Bank of America in India?

Barclays IT Analyst Salary - ₹6.5 Lakhs to ₹20.0 Lakhs per year
State Bank of India IT Analyst Salary - ₹6.5 Lakhs to ₹24.0 Lakhs per year
ICICI Bank IT Analyst Salary - ₹5.0 Lakhs to ₹19.0 Lakhs per year
NatWest Group IT Analyst Salary - ₹4.8 Lakhs to ₹16.7 Lakhs per year
Citigroup IT Analyst Salary - ₹6.8 Lakhs to ₹13.0 Lakhs per year

What is the estimated take home salary of a IT Analyst at Bank of America in India?

The estimated take-home salary of a IT Analyst at Bank of America ranges between ₹91,522 per month to ₹93,970 per month in India. The take-home salary calculation is based on the average Bank of America IT Analyst salary in India which ranges between ₹9.1 Lakhs to ₹17.2 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

What is the notice period for IT Analyst at Bank of America?

According to AmbitionBox, 100% of the Bank of America IT Analysts reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Bank of America IT Analyst Salaries

Bank of America IT Analyst salary in India ranges between ₹9.1 Lakhs to ₹17.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Bank of America latest salaries received from various employees of Bank of America.