Bank of America IT Manager Salaries by 5 Employees (Updated 2025)

9 - 16 years exp.

₹16 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

27% more than the average IT Manager Salary in Banking Companies for 9 - 16 years of experience

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Salaries in different departments

Engineering - Hardware & Networks IT Manager Salary 12 - 16 years exp. (3 salaries)	₹17.2 L/yr - ₹21 L/yr
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IT & Information Security IT Manager Salary 9 - 11 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹18 L/yr

Last Updated: 24 Dec 2023

Companies similar to Bank of America for IT Manager

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. IT Manager Salary 9 - 17 years exp. (4 salaries)	₹17 L/yr - ₹60 L/yr 138% more
Wells Fargo IT Manager Salary 11 - 17 years exp. (13 salaries)	₹19 L/yr - ₹35 L/yr 57% more
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Morgan Stanley IT Manager Salary 3 - 11 years exp. (12 salaries)	₹18.5 L/yr - ₹35 L/yr 61% more
HSBC Group IT Manager Salary 6 - 15 years exp. (4 salaries)	₹6.5 L/yr - ₹18 L/yr 33% less
HDFC Bank IT Manager Salary 7 - 11 years exp. (87 salaries)	₹6.7 L/yr - ₹20 L/yr 25% less
AU Small Finance Bank IT Manager Salary 2 - 10 years exp. (58 salaries)	₹6.7 L/yr - ₹18 L/yr 31% less
RBL Bank IT Manager Salary 2 - 9 years exp. (53 salaries)	₹5 L/yr - ₹15.5 L/yr 37% less
IndusInd Bank IT Manager Salary 5 - 12 years exp. (31 salaries)	₹5.2 L/yr - ₹22.5 L/yr 27% less
IDFC FIRST Bank IT Manager Salary 4 - 14 years exp. (21 salaries)	₹6.1 L/yr - ₹19.5 L/yr 28% less
Utkarsh Small Finance Bank IT Manager Salary 6 - 15 years exp. (18 salaries)	₹6.2 L/yr - ₹14.4 L/yr 42% less
Equitas Small Finance Bank IT Manager Salary 5 - 13 years exp. (15 salaries)	₹6.9 L/yr - ₹19 L/yr 19% less
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ICICI Bank IT Manager Salary 0 - 13 years exp. (12 salaries)	₹9 L/yr - ₹22.6 L/yr 28% less
IDBI Bank IT Manager Salary 3 - 10 years exp. (9 salaries)	₹12 L/yr - ₹22 L/yr 3% less
State Bank of India IT Manager Salary 8 - 16 years exp. (8 salaries)	₹15 L/yr - ₹22 L/yr 11% more
DCB Bank IT Manager Salary 5 - 16 years exp. (7 salaries)	₹6.5 L/yr - ₹20 L/yr 20% less
Standard Chartered IT Manager Salary 14 - 18 years exp. (6 salaries)	₹19 L/yr - ₹28 L/yr 30% more
Yes Bank IT Manager Salary 1 - 2 years exp. (5 salaries)	₹16.5 L/yr - ₹18 L/yr 5% less
Ujjivan Small Finance Bank IT Manager Salary 3 - 14 years exp. (5 salaries)	₹8.4 L/yr - ₹18.4 L/yr 24% less
Federal Bank IT Manager Salary 4 - 11 years exp. (4 salaries)	₹9 L/yr - ₹16 L/yr 41% less
HSBC Bank IT Manager Salary 5 - 12 years exp. (3 salaries)	₹7.8 L/yr - ₹16 L/yr 33% less

IT Manager salary at Bank of America ranges between ₹16 Lakhs to ₹21 Lakhs per year for employees with experience between 9 years to 16 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America IT Manager salaries

Last Updated: 24 Dec 2023

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹16 L/yr - ₹30.8 L/yr
10 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr
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11 years (AmbitionBox Estimate)	₹7 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.6 L/yr
14 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.8 L/yr
15+ years (AmbitionBox Estimate)	₹18 L/yr - ₹21 L/yr

View all

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Top skills at Bank of America for IT Manager

Troubleshooting Networking Helpdesk Operational Excellence Operations MCSE Risk Management Windows Asset Management Backend

Salary related reviews for Bank of America

5.0

Rated by 1 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.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of America IT Manager Salary FAQs

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

IT Manager salary at Bank of America in India ranges between ₹16.0 Lakhs to ₹21.0 Lakhs for experience between 9 years to 16 years. According to our estimates it is 27% more than the average IT Manager Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bank of America India.

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

The average salary of a IT Manager at Bank of America is 27% more than the average salary of a IT Manager in India. To know exact salary insights, login to view.

What are the top skills required to work as a IT Manager at Bank of America?

Troubleshooting, Networking, Helpdesk, Operational Excellence and Operations are some of the popular skills required to work as a IT Manager at Bank of America India.

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

JPMorgan Chase & Co. IT Manager Salary - ₹17.0 Lakhs to ₹60.0 Lakhs per year
Morgan Stanley IT Manager Salary - ₹18.5 Lakhs to ₹35.0 Lakhs per year
Wells Fargo IT Manager Salary - ₹19.0 Lakhs to ₹35.0 Lakhs per year
Standard Chartered IT Manager Salary - ₹19.0 Lakhs to ₹28.0 Lakhs per year
State Bank of India IT Manager Salary - ₹15.0 Lakhs to ₹22.0 Lakhs per year

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

IDBI Bank IT Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year
Yes Bank IT Manager Salary - ₹16.5 Lakhs to ₹18.0 Lakhs per year
Equitas Small Finance Bank IT Manager Salary - ₹6.9 Lakhs to ₹19.0 Lakhs per year
DCB Bank IT Manager Salary - ₹6.5 Lakhs to ₹20.0 Lakhs per year
Ujjivan Small Finance Bank IT Manager Salary - ₹8.4 Lakhs to ₹18.4 Lakhs per year

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

The estimated take-home salary of a IT Manager at Bank of America ranges between ₹1,19,262 per month to ₹1,22,605 per month in India. The take-home salary calculation is based on the average Bank of America IT Manager salary in India which ranges between ₹16.0 Lakhs to ₹21.0 Lakhs per year for employees with experience between 9 years to 16 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Bank of America IT Managers reported a notice period of 2 Months, 25% reported a notice period of 15 days or less.This is based on 4 responses on AmbitionBox in last 2 years.

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Bank of America IT Manager Salaries

Bank of America IT Manager salary in India ranges between ₹16 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.