Bank of America Java Software Engineer Salaries by 3 Employees

0 - 9 years exp.

₹3.6 Lakhs - ₹15.1 Lakhs

Low Confidence

Salary of majority employees

68% more than the average Java Software Engineer Salary in Banking Companies for 0 - 9 years of experience

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Last Updated: 23 Feb 2024

Companies similar to Bank of America for Java Software Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Java Software Engineer Salary 3 - 10 years exp. (6 salaries)	₹9 L/yr - ₹21.3 L/yr 36% more
Wells Fargo Java Software Engineer Salary 5 - 13 years exp. (3 salaries)	₹14 L/yr - ₹26 L/yr 69% more
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TCS Java Software Engineer Salary 0 - 6 years exp. (14 salaries)	₹3 L/yr - ₹7 L/yr 62% less
Infosys Java Software Engineer Salary 3 - 5 years exp. (9 salaries)	₹4.1 L/yr - ₹9 L/yr 40% less
Cognizant Java Software Engineer Salary 2 - 3 years exp. (7 salaries)	₹4.5 L/yr - ₹10.2 L/yr 25% less

Java Software Engineer salary at Bank of America ranges between ₹3.6 Lakhs to ₹15.1 Lakhs per year for employees with less than 1 year of experience to 9 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Java Software Engineer salaries

Last Updated: 23 Feb 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
7 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
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9 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr

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Salary related reviews for Bank of America

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.

Software Engineer Level 1 in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 18 Nov 2023

4.0

for Salary and Benefits

Likes

Nice work life balance. Good people and decent management. Not the best but you can survive. Good opportunities to learn new tech.

Salary - Good

+5 more

Dislikes

Won't pay you well and very conservative as all banks are. Good opportunity to learn new tech, but won't get an opportunity to apply and use those learnings as they kind of have a phobia of new tech adoption.

Manager in Mumbai

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

... 8 lacks. Insurance for parents/aws. Sodexo food card with 1300 monthly balance. Yearly bonus. Cab facility if you are not availing it can be get transport allowance upto 1800 monthly.

Salary - Excellent

+6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Job security - Good

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Salary - Bad

+3 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

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an architect

Help me choose New Regime or Old Regime for my salary revision

Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits

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Bank of America Java Software Engineer Salary FAQs

What is the notice period for Java Software Engineer at Bank of America?

According to AmbitionBox, 100% of the Bank of America Java Software Engineers reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of America Java Software Engineer Salaries

Bank of America Java Software Engineer salary in India ranges between ₹3.6 Lakhs to ₹15.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of America latest salaries received from various employees of Bank of America.