Upload Button Icon Add office photos
filter salariesFilter salaries by

Bank of America Management Trainee salaries in India

Annual salary range
Select experience
₹9.2 Lakhs - ₹25 Lakhs
Low Confidence
info icon
Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
unlock blur
unlock blur

112% more than the average Management Trainee Salary in Banking Companies for Fresher

Interested in this particular role?

Last Updated: 2 Nov 2024

Companies similar to Bank of America for Management Trainee

Company name Avg Annual Salary Open Jobs
Logo
ICICI Bank Management Trainee Salary

0 - 3 years exp. (907 salaries)

unlock blur

₹8 L/yr - ₹20.5 L/yr

arrow icon 4% more
Logo
HDFC Bank Management Trainee Salary

0 - 5 years exp. (488 salaries)

unlock blur

₹4 L/yr - ₹13 L/yr

arrow icon 46% less
Logo
RBL Bank Management Trainee Salary

0 - 4 years exp. (119 salaries)

unlock blur

₹9 L/yr - ₹14 L/yr

arrow icon 27% less
Logo
IndusInd Bank Management Trainee Salary

0 - 4 years exp. (97 salaries)

unlock blur

₹3 L/yr - ₹11 L/yr

arrow icon 56% less
Logo
IDFC FIRST Bank Management Trainee Salary

0 - 2 years exp. (83 salaries)

unlock blur

₹5 L/yr - ₹15 L/yr

arrow icon 43% less
unlock blur

₹4 L/yr - ₹12 L/yr

arrow icon 43% less
Logo
unlock blur

₹1 L/yr - ₹5.2 L/yr

arrow icon 81% less
Logo
NatWest Group Management Trainee Salary

0 - 5 years exp. (18 salaries)

unlock blur

₹12 L/yr - ₹20 L/yr

arrow icon 12% more
Logo
Federal Bank Management Trainee Salary

0 - 5 years exp. (11 salaries)

unlock blur

₹9.4 L/yr - ₹12 L/yr

arrow icon 32% less
unlock blur

₹6 L/yr - ₹10 L/yr

arrow icon 41% less
Logo
Yes Bank Management Trainee Salary

0 - 2 years exp. (9 salaries)

unlock blur

₹6.4 L/yr - ₹8.3 L/yr

arrow icon 53% less
unlock blur

₹4.8 L/yr - ₹12 L/yr

arrow icon 41% less
Logo
DCB Bank Management Trainee Salary

0 - 1 year exp. (5 salaries)

unlock blur

₹2 L/yr - ₹8.3 L/yr

arrow icon 62% less
unlock blur

₹10 L/yr - ₹18 L/yr

arrow icon 23% less
Logo
Standard Chartered Management Trainee Salary

0 - 4 years exp. (5 salaries)

unlock blur

₹20 L/yr - ₹28 L/yr

arrow icon 54% more
unlock blur

₹9.8 L/yr - ₹12.8 L/yr

arrow icon 24% less
Logo
HSBC Bank Management Trainee Salary

0 - 1 year exp. (5 salaries)

unlock blur

₹5.9 L/yr - ₹18 L/yr

arrow icon 12% less
unlock blur

₹10 L/yr - ₹16.5 L/yr

arrow icon 11% less
unlock blur

₹10 L/yr - ₹15 L/yr

arrow icon 32% less
unlock blur

₹11 L/yr - ₹14.5 L/yr

arrow icon 14% less
View all
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 blur

₹9.2 L/yr - ₹25 L/yr

Similar Designation salaries in Bank of America

unlock blur
₹2.4 L/yr - ₹5.1 L/yr
Accountant Salary
(3 salaries)
unlock blur
₹3 L/yr - ₹5 L/yr
Team Lead Salary
(2.3k salaries)
unlock blur
₹5.7 L/yr - ₹16 L/yr
unlock blur
₹1.9 L/yr - ₹7.32 L/yr
Analyst Salary
(759 salaries)
unlock blur
₹8.25 L/yr - ₹24 L/yr
Senior Associate Salary
(116 salaries)
unlock blur
₹1.8 L/yr - ₹9.5 L/yr
unlock blur
₹1.2 L/yr - ₹4.8 L/yr
Senior Analyst Salary
(898 salaries)
unlock blur
₹9.56 L/yr - ₹30.08 L/yr
Deputy Manager Salary
(4 salaries)
unlock blur
₹7 L/yr - ₹20.17 L/yr
unlock blur
₹3.25 L/yr - ₹6 L/yr

Salary related reviews for Bank of America

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +2 more

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.

read more
  • 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.

read more

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.

read more
  • 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.

read more

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.

read more
  • 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

read more

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.

read more
  • Salary - Poor
  • +5 more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Bank of America Management Trainee Salary FAQs

What is the salary of Management Trainee at Bank of America ?
The average salary of a Management Trainee at Bank of America in India typically ranges from ₹9.2 Lakhs to ₹25.0 Lakhs per year, depending on experience (from Fresher to 0 year).

The top 10% of Management Trainee at Bank of America earn more than ₹22.8 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Management Trainee Salaries at Bank of America can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 8 Bank of America employees in India.
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 in India typically ranges from ₹1,06,576 to ₹1,09,510 per month. This is based on the average salary range of ₹9.2 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from Fresher to 0 year.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 8 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of America for Management Trainee in India?
Standard Chartered ₹20.0 Lakhs to ₹28.0 Lakhs per year
NatWest Group ₹12.0 Lakhs to ₹20.0 Lakhs per year
ICICI Bank ₹8.0 Lakhs to ₹20.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.
What is the salary of a Management Trainee in companies similar to Bank of America in India?
The salary of a Management Trainee at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

ANZ Banking Group ₹3.0 Lakhs to ₹32.0 Lakhs per year
Deutsche Bank ₹10.0 Lakhs to ₹16.5 Lakhs per year
HSBC Bank ₹5.9 Lakhs to ₹18.0 Lakhs per year
Equitas Small Finance Bank ₹11.0 Lakhs to ₹14.5 Lakhs per year
HSBC Global Banking and Markets ₹10.0 Lakhs to ₹18.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Management Trainee at Bank of America in India?
The salary growth for a Management Trainee at Bank of America depends on factors such as experience, performance, and promotions. On average, a Management Trainee can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
Fresher ₹9.2 Lakhs to ₹25.0 Lakhs per year
and so on.

Tell us how to improve this page.

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