Bank of America Machine Learning Engineer Salaries by 4 Employees (Updated 2025)

5 - 6 years exp.

₹9.9 Lakhs - ₹30 Lakhs

Low Confidence

Salary of majority employees

64% more than the average Machine Learning Engineer Salary in Banking Companies for 5 - 6 years of experience

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Last Updated: 12 Oct 2023

Companies similar to Bank of America for Machine Learning Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Machine Learning Engineer Salary 0 - 9 years exp. (10 salaries)	₹13 L/yr - ₹22 L/yr 28% more
Wells Fargo Machine Learning Engineer Salary 1 - 7 years exp. (4 salaries)	₹9 L/yr - ₹14.4 L/yr 24% less
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Goldman Sachs Machine Learning Engineer Salary 1 - 6 years exp. (4 salaries)	₹12.3 L/yr - ₹50 L/yr 93% more
Morgan Stanley Machine Learning Engineer Salary 4 - 5 years exp. (3 salaries)	₹20 L/yr - ₹22 L/yr 24% more
HSBC Group Machine Learning Engineer Salary 2 - 5 years exp. (4 salaries)	₹5.4 L/yr - ₹17 L/yr 41% less
UBS Machine Learning Engineer Salary 3 - 4 years exp. (5 salaries)	₹4.5 L/yr - ₹6.4 L/yr 68% less
Barclays Machine Learning Engineer Salary 2 - 14 years exp. (11 salaries)	₹19 L/yr - ₹23.5 L/yr 28% more
Standard Chartered Machine Learning Engineer Salary 0 - 5 years exp. (9 salaries)	₹23 L/yr - ₹23.1 L/yr 39% more
NatWest Group Machine Learning Engineer Salary 0 - 8 years exp. (5 salaries)	₹13.5 L/yr - ₹17 L/yr 13% less
ANZ Banking Group Machine Learning Engineer Salary 2 - 7 years exp. (4 salaries)	₹14.6 L/yr - ₹20 L/yr 4% more
ICICI Bank Machine Learning Engineer Salary 1 - 5 years exp. (3 salaries)	₹4.4 L/yr - ₹8.5 L/yr 64% less
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Deutsche Bank Machine Learning Engineer Salary 3 - 11 years exp. (3 salaries)	₹10 L/yr - ₹65 L/yr 73% more

Machine Learning Engineer salary at Bank of America ranges between ₹9.9 Lakhs to ₹30 Lakhs per year for employees with experience between 5 years to 6 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Machine Learning Engineer salaries

Last Updated: 12 Oct 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹14.6 L/yr
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6 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 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.

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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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bank of America Machine Learning Engineer Salary FAQs

What is the salary of Machine Learning Engineer at Bank of America?

Machine Learning Engineer salary at Bank of America in India ranges between ₹9.9 Lakhs to ₹30.0 Lakhs for experience between 5 years to 6 years. According to our estimates it is 64% more than the average Machine Learning Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of America India.

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

The average salary of a Machine Learning Engineer at Bank of America is 64% more than the average salary of a Machine Learning Engineer in India. To know exact salary insights, login to view.

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

Goldman Sachs Machine Learning Engineer Salary - ₹12.3 Lakhs to ₹50.0 Lakhs per year
Deutsche Bank Machine Learning Engineer Salary - ₹10.0 Lakhs to ₹65.0 Lakhs per year
Standard Chartered Machine Learning Engineer Salary - ₹23.0 Lakhs to ₹23.1 Lakhs per year
Barclays Machine Learning Engineer Salary - ₹19.0 Lakhs to ₹23.5 Lakhs per year
JPMorgan Chase & Co. Machine Learning Engineer Salary - ₹13.0 Lakhs to ₹22.0 Lakhs per year

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

Morgan Stanley Machine Learning Engineer Salary - ₹20.0 Lakhs to ₹22.0 Lakhs per year
ANZ Banking Group Machine Learning Engineer Salary - ₹14.6 Lakhs to ₹20.0 Lakhs per year
NatWest Group Machine Learning Engineer Salary - ₹13.5 Lakhs to ₹17.0 Lakhs per year
Wells Fargo Machine Learning Engineer Salary - ₹9.0 Lakhs to ₹14.4 Lakhs per year
HSBC Group Machine Learning Engineer Salary - ₹5.4 Lakhs to ₹17.0 Lakhs per year

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

The estimated take-home salary of a Machine Learning Engineer at Bank of America ranges between ₹1,12,824 per month to ₹1,15,960 per month in India. The take-home salary calculation is based on the average Bank of America Machine Learning Engineer salary in India which ranges between ₹9.9 Lakhs to ₹30.0 Lakhs per year for employees with experience between 5 years to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bank of America Machine Learning 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 Machine Learning Engineer Salaries

Bank of America Machine Learning Engineer salary in India ranges between ₹9.9 Lakhs to ₹30 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.