Bank of America Management Trainee Salaries by 8 Employees (Updated 2025)

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₹9.2 Lakhs - ₹25 Lakhs

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Salary of majority employees

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113% more than the average Management Trainee Salary in Banking Companies for Fresher

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Last Updated: 2 Nov 2024

Companies similar to Bank of America for Management Trainee

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Management Trainee Salary 0 - 1 year exp. (5 salaries)	Unlock ₹5.4 L/yr - ₹13.5 L/yr 32% less
Wells Fargo Management Trainee Salary 0 - 9 years exp. (3 salaries)	Unlock ₹16 L/yr - ₹24 L/yr 23% more
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Goldman Sachs Management Trainee Salary 0 - 4 years exp. (5 salaries)	Unlock ₹10.5 L/yr - ₹25 L/yr 11% more
Morgan Stanley Management Trainee Salary 0 - 2 years exp. (3 salaries)	Unlock ₹1 L/yr - ₹15 L/yr 48% less
HSBC Group Management Trainee Salary 0 - 6 years exp. (35 salaries)	Unlock ₹10 L/yr - ₹29 L/yr 23% more
UBS Management Trainee Salary 0 - 3 years exp. (4 salaries)	Unlock ₹8 L/yr - ₹15 L/yr 27% less
ICICI Bank Management Trainee Salary 0 - 3 years exp. (901 salaries)	Unlock ₹8.3 L/yr - ₹21 L/yr 5% more
HDFC Bank Management Trainee Salary 0 - 5 years exp. (479 salaries)	Unlock ₹4 L/yr - ₹13 L/yr 46% less
RBL Bank Management Trainee Salary 0 - 4 years exp. (118 salaries)	Unlock ₹9 L/yr - ₹13.2 L/yr 26% less
IndusInd Bank Management Trainee Salary 0 - 4 years exp. (93 salaries)	Unlock ₹3 L/yr - ₹11 L/yr 56% less
IDFC FIRST Bank Management Trainee Salary 0 - 2 years exp. (85 salaries)	Unlock ₹5 L/yr - ₹15 L/yr 43% less
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Ujjivan Small Finance Bank Management Trainee Salary 0 - 1 year exp. (46 salaries)	Unlock ₹4 L/yr - ₹12 L/yr 43% less
AU Small Finance Bank Management Trainee Salary 0 - 5 years exp. (40 salaries)	Unlock ₹1 L/yr - ₹5.2 L/yr 82% less
NatWest Group Management Trainee Salary 0 - 5 years exp. (18 salaries)	Unlock ₹12 L/yr - ₹20 L/yr 12% more
Jana Small Finance Bank Management Trainee Salary 0 - 3 years exp. (11 salaries)	Unlock ₹6 L/yr - ₹10 L/yr 41% less
Federal Bank Management Trainee Salary 0 - 5 years exp. (10 salaries)	Unlock ₹9.4 L/yr - ₹12 L/yr 33% less
Yes Bank Management Trainee Salary 0 - 2 years exp. (8 salaries)	Unlock ₹7.6 L/yr - ₹8.3 L/yr 49% less
Barclays Management Trainee Salary Fresher (7 salaries)	Unlock ₹8.5 L/yr - ₹22.1 L/yr 18% less
DCB Bank Management Trainee Salary 0 - 1 year exp. (5 salaries)	Unlock ₹3 L/yr - ₹8 L/yr 67% less
Standard Chartered Management Trainee Salary 0 - 4 years exp. (5 salaries)	Unlock ₹20 L/yr - ₹28 L/yr 54% more

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Management Trainee salary at Bank of America ranges between ₹9.2 Lakhs to ₹25 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 8 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Management Trainee salaries

Last Updated: 2 Nov 2024

Experience	Avg Annual Salary
Fresher (8 salaries)	Unlock ₹9.2 L/yr - ₹25 L/yr
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Salary related reviews for Bank of America

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

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 Analyst in Mumbai

GIS Department

5.0

• posted on 27 Jan 2022

5.0

for Salary and Benefits

Likes

...d it's the company with a great work ethics, work life balance and job security. Salary is all fixed + Sodexo & transport as an extra benefits. But since it's a bank, lot of projects are on legacy and switching from one technology to another is so difficult, it's only possible if you have good relations with leadership.

Salary - Excellent

+6 more

Dislikes

Since it's a bank so lot of legacy project and some of the guys working in a project from 10-12 years. So it's quiet difficult to get a good latest technology project or if you want to switch technology then you should have good relationship with manager. The other problem is with their is nothing like HR, they always say we are here for you but they are for managers only, and there is no value of associate in their eyes. They just came in picture for selling parental insurance, diversity and throwing policies on associates.

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• posted on 20 Feb 2022

4.0

for Salary and Benefits

Likes

Work life balance is super duper great, job security is like govt.job,management is very supportive and company policies are employee friendly.

Salary - Good

+6 more

Dislikes

Yearly bonus is very less as compared to other companies of same industry. No gifts on diwali, no monetary reward

Senior Analyst in Chennai

EDMA Department

1.0

• posted on 09 Mar 2022

2.0

for Salary and Benefits

Likes

Nothing exceptional , just an another service class company.

Job security - Good

Dislikes

Service class company with senior posts occupied from TCS return candidates. selectivitism in salary hikes and promotions. dont join if you are looking for career growth.

Salary - Poor

+5 more

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Bank of America Management Trainee Salary FAQs

What is the salary of Management Trainee at Bank of America?

Management Trainee salary at Bank of America in India ranges between ₹9.2 Lakhs to ₹25.0 Lakhs for less than 1 year of experience. According to our estimates it is 113% more than the average Management Trainee Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Bank of America India.

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

The average salary of a Management Trainee at Bank of America is 113% more than the average salary of a Management Trainee in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Management Trainee in India?

Standard Chartered Management Trainee Salary - ₹20.0 Lakhs to ₹28.0 Lakhs per year
Wells Fargo Management Trainee Salary - ₹16.0 Lakhs to ₹24.0 Lakhs per year
HSBC Group Management Trainee Salary - ₹10.0 Lakhs to ₹29.0 Lakhs per year
NatWest Group Management Trainee Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year
Goldman Sachs Management Trainee Salary - ₹10.5 Lakhs to ₹25.0 Lakhs per year

What is the salary of a Management Trainee in companies similar to Bank of America in India?

ICICI Bank Management Trainee Salary - ₹8.3 Lakhs to ₹21.0 Lakhs per year
ANZ Banking Group Management Trainee Salary - ₹3.0 Lakhs to ₹32.0 Lakhs per year
Deutsche Bank Management Trainee Salary - ₹10.0 Lakhs to ₹16.5 Lakhs per year
HSBC Bank Management Trainee Salary - ₹5.9 Lakhs to ₹18.0 Lakhs per year
Equitas Small Finance Bank Management Trainee Salary - ₹11.0 Lakhs to ₹14.5 Lakhs per year

What is the estimated take home salary of a Management Trainee at Bank of America in India?

The estimated take-home salary of a Management Trainee at Bank of America ranges between ₹1,06,576 per month to ₹1,09,510 per month in India. The take-home salary calculation is based on the average Bank of America Management Trainee salary in India which ranges between ₹9.2 Lakhs to ₹25.0 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

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Bank of America Management Trainee Salaries

Bank of America Management Trainee salary in India ranges between ₹9.2 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Management Trainee salaries in India

Companies similar to Bank of America for Management Trainee

Experience wise Bank of America Management Trainee salaries

Similar Designation salaries in Bank of America

Salary related reviews for Bank of America

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Bank of America Management Trainee Salary FAQs

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