Bank of America Lead Engineer Salaries by 9 Employees (Updated 2024)

7 - 20 years exp.

₹18.5 Lakhs - ₹34.6 Lakhs

Low Confidence

Salary of majority employees

85% more than the average Lead Engineer Salary in Banking Companies for 7 - 20 years of experience

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Salaries in different departments

Consulting Lead Engineer Salary 17 - 20 years exp. (3 salaries)	₹28.1 L/yr - ₹32.5 L/yr
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Engineering - Software & QA Lead Engineer Salary 14 - 16 years exp. (AmbitionBox Estimate)	₹28.6 L/yr - ₹34.6 L/yr

Last Updated: 25 Apr 2024

Companies similar to Bank of America for Lead Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Lead Engineer Salary 9 - 15 years exp. (49 salaries)	₹19.2 L/yr - ₹65 L/yr 42% more	1 job opening
Wells Fargo Lead Engineer Salary 10 - 16 years exp. (120 salaries)	₹19 L/yr - ₹56 L/yr 33% more
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Citigroup Lead Engineer Salary 3 - 17 years exp. (6 salaries)	₹18 L/yr - ₹50 L/yr 18% more
Goldman Sachs Lead Engineer Salary 10 - 14 years exp. (6 salaries)	₹16.1 L/yr - ₹60 L/yr 33% more
Morgan Stanley Lead Engineer Salary 6 - 12 years exp. (10 salaries)	₹25 L/yr - ₹40 L/yr 5% more
HSBC Group Lead Engineer Salary 7 - 12 years exp. (9 salaries)	₹18 L/yr - ₹60.3 L/yr 34% more
UBS Lead Engineer Salary 8 - 9 years exp. (3 salaries)	₹16 L/yr - ₹32 L/yr 22% less	1 job opening
NatWest Group Lead Engineer Salary 8 - 15 years exp. (80 salaries)	₹19 L/yr - ₹35 L/yr 4% less
Standard Chartered Lead Engineer Salary 4 - 11 years exp. (35 salaries)	₹10.4 L/yr - ₹44 L/yr 12% less	4 job openings
Deutsche Bank Lead Engineer Salary 6 - 19 years exp. (14 salaries)	₹20 L/yr - ₹72.6 L/yr 68% more	3 job openings
Barclays Lead Engineer Salary 5 - 17 years exp. (13 salaries)	₹14.6 L/yr - ₹39.6 L/yr 3% more
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IDFC FIRST Bank Lead Engineer Salary 6 - 16 years exp. (5 salaries)	₹25 L/yr - ₹53 L/yr 28% more
Yes Bank Lead Engineer Salary 5 - 9 years exp. (3 salaries)	₹17 L/yr - ₹35 L/yr 20% less
HDFC Bank Lead Engineer Salary 7 - 11 years exp. (3 salaries)	₹16 L/yr - ₹45 L/yr 21% more

Lead Engineer salary at Bank of America ranges between ₹18.5 Lakhs to ₹34.6 Lakhs per year for employees with experience between 7 years to 20 years. Salary estimates are based on 9 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Lead Engineer salaries

Last Updated: 25 Apr 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10.5 L/yr - ₹26.5 L/yr
8 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹48.2 L/yr
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9 years (AmbitionBox Estimate)	₹24.5 L/yr - ₹31.3 L/yr
10 years (AmbitionBox Estimate)	₹24.9 L/yr - ₹31.8 L/yr
11 years (AmbitionBox Estimate)	₹25.3 L/yr - ₹32.4 L/yr
12 years (AmbitionBox Estimate)	₹25.7 L/yr - ₹32.9 L/yr
13 years (AmbitionBox Estimate)	₹26.2 L/yr - ₹33.4 L/yr
14 years (AmbitionBox Estimate)	₹23 L/yr - ₹33 L/yr
15+ years (4 salaries)	₹12.5 L/yr - ₹34.6 L/yr

View all

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Salary related reviews for Bank of America

4.0

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

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.

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

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.

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.

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

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.

Dislikes

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

see more salary related reviews

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What people are saying about Bank of America

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cleanhakuna

5d (edited)

student at

Institute of Management Nirma University, Ahmedabad

Career advise for early years

Hi folks!! Want one advise for my early years in corporate. I am 23 yrs old and I am working in BofA for couple of years now and this is my first job. I have deep interest and skills to excel in core finance role (investment management) but the role at BofA is completely unrelated to it. To prove my metal, I have cleared CFA level 1&2 in my first attempt with top percentile (+MBA) but kind of stuck for right opportunity. Can anyone advise how should I approach to making a shift to my desired work (asset mgt)?

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Bank of America Lead Engineer Salary FAQs

What is the salary of Lead Engineer at Bank of America?

Lead Engineer salary at Bank of America in India ranges between ₹18.5 Lakhs to ₹34.6 Lakhs for experience between 7 years to 20 years. According to our estimates it is 85% more than the average Lead Engineer Salary in India. Salary estimates are based on 9 latest salaries received from various employees of Bank of America India.

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

The average salary of a Lead Engineer at Bank of America is 85% more than the average salary of a Lead Engineer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Lead Engineer in India?

Deutsche Bank Lead Engineer Salary - ₹20.0 Lakhs to ₹72.6 Lakhs per year
JPMorgan Chase & Co. Lead Engineer Salary - ₹19.2 Lakhs to ₹65.0 Lakhs per year
HSBC Group Lead Engineer Salary - ₹18.0 Lakhs to ₹60.3 Lakhs per year
Goldman Sachs Lead Engineer Salary - ₹16.1 Lakhs to ₹60.0 Lakhs per year
Wells Fargo Lead Engineer Salary - ₹19.0 Lakhs to ₹56.0 Lakhs per year

What is the salary of a Lead Engineer in companies similar to Bank of America in India?

IDFC FIRST Bank Lead Engineer Salary - ₹25.0 Lakhs to ₹53.0 Lakhs per year
HDFC Bank Lead Engineer Salary - ₹16.0 Lakhs to ₹45.0 Lakhs per year
Citigroup Lead Engineer Salary - ₹18.0 Lakhs to ₹50.0 Lakhs per year
Morgan Stanley Lead Engineer Salary - ₹25.0 Lakhs to ₹40.0 Lakhs per year
Barclays Lead Engineer Salary - ₹14.6 Lakhs to ₹39.6 Lakhs per year

What is the estimated take home salary of a Lead Engineer at Bank of America in India?

The estimated take-home salary of a Lead Engineer at Bank of America ranges between ₹1,81,349 per month to ₹1,88,412 per month in India. The take-home salary calculation is based on the average Bank of America Lead Engineer salary in India which ranges between ₹18.5 Lakhs to ₹34.6 Lakhs per year for employees with experience between 7 years to 20 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 83% of the Bank of America Lead Engineers reported a notice period of 2 Months, 17% reported a notice period of 1 Month.This is based on 6 responses on AmbitionBox in last 2 years.

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Bank of America Lead Engineer Salaries

Bank of America Lead Engineer salary in India ranges between ₹18.5 Lakhs to ₹34.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 Bank of America latest salaries received from various employees of Bank of America.