Bank of America Chennai Manager Salaries by 20+ Employees (Updated 2025)

5 - 16 years exp.

₹11 Lakhs - ₹32 Lakhs

Avg. annual salary

Monthly In-hand Salary

41% more than the average Manager Salary in Banking Companies for 5 - 16 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

BFSI, Investments & Trading Manager Salary 5 - 16 years exp. (6 salaries)	₹12 L/yr - ₹32 L/yr
Engineering - Software & QA Manager Salary 12 - 13 years exp. (4 salaries)	₹16.8 L/yr - ₹26.5 L/yr
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Project & Program Management Manager Salary 10 - 15 years exp. (4 salaries)	₹12.6 L/yr - ₹25.5 L/yr
Customer Success, Service & Operations Manager Salary 11 - 12 years exp. (3 salaries)	₹12 L/yr - ₹24.4 L/yr
Data Science & Analytics Manager Salary 14 years exp. (AmbitionBox Estimate)	₹11 L/yr - ₹28.1 L/yr

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Last Updated: 30 Jan 2025

Companies similar to Bank of America for Manager in Chennai

Bank of America Manager Salary

5 - 16 years exp. (22 salaries)

₹11 L/yr - ₹32 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Manager Salary 0 - 18 years exp. (1.1k salaries)	₹4.1 L/yr - ₹13.2 L/yr 62% less
Standard Chartered Manager Salary 3 - 20 years exp. (902 salaries)	₹7 L/yr - ₹24.3 L/yr 33% less
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IndusInd Bank Manager Salary 0 - 16 years exp. (271 salaries)	₹3.5 L/yr - ₹11.5 L/yr 69% less	3 job openings
Yes Bank Manager Salary 2 - 17 years exp. (234 salaries)	₹4.5 L/yr - ₹14.4 L/yr 65% less
ICICI Bank Manager Salary 0 - 18 years exp. (196 salaries)	₹5.1 L/yr - ₹20 L/yr 52% less
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (101 salaries)	₹3.5 L/yr - ₹13.2 L/yr 66% less
HSBC Electronic Data Processing Manager Salary 5 - 17 years exp. (71 salaries)	₹8 L/yr - ₹23.3 L/yr 30% less
Equitas Small Finance Bank Manager Salary 4 - 15 years exp. (62 salaries)	₹4.1 L/yr - ₹15.7 L/yr 62% less
NatWest Group Manager Salary 7 - 16 years exp. (55 salaries)	₹6 L/yr - ₹22 L/yr 37% less
IDBI Bank Manager Salary 6 - 15 years exp. (44 salaries)	₹9.7 L/yr - ₹25 L/yr 22% less

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Manager salary at Bank of America ranges between ₹11 Lakhs to ₹32 Lakhs per year for employees with experience between 5 years to 16 years. Salary estimates are based on 22 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Manager salaries in Chennai

Last Updated: 30 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹24.1 L/yr - ₹30.8 L/yr
6 years (AmbitionBox Estimate)	₹23.7 L/yr - ₹30.3 L/yr
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7 years (AmbitionBox Estimate)	₹23.3 L/yr - ₹29.8 L/yr
8 years (AmbitionBox Estimate)	₹22.9 L/yr - ₹29.2 L/yr
9 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.7 L/yr
10 years (AmbitionBox Estimate)	₹22 L/yr - ₹28.2 L/yr
11 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
12 years (5 salaries)	₹12 L/yr - ₹26.5 L/yr
13 years (3 salaries)	₹20 L/yr - ₹26.5 L/yr
14 years (4 salaries)	₹11 L/yr - ₹40.7 L/yr
15+ years (4 salaries)	₹13.3 L/yr - ₹38.6 L/yr

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From

Manager

₹

Lakhs/yr

5 - 18 years exp.

Vice President

₹

Lakhs/yr

12 - 25 years exp.

Manager

5 - 18 years exp.

Senior Manager

8 - 19 years exp.

28% hike

Assistant Vice President

10 - 21 years exp.

21% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bank of America

Senior Analyst Salary

(188 salaries)

₹8 L/yr - ₹30 L/yr

Senior Associate Salary

(4 salaries)

₹3.65 L/yr - ₹5.4 L/yr

Top skills at Bank of America for Manager

Risk Management Asset Management Analytics SQL Financial Services

Salary related reviews for Bank of America

3.5

Rated by 2 employees for salary & benefits

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.

Manager in Gandhinagar

Full Time

Finance & Accounting Department

5.0

• posted on 23 Dec 2024

5.0

for Salary and Benefits

Likes

Work life balance is good Benefits are over and above compensation offered People over here are friendly and create a positive environment

Salary - Excellent

+4 more

Dislikes

Promotions are slow Growing within the organisation can be done by IJPs

Assistant Vice President in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

+4 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

Assistant Vice President in Chennai

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Aug 2023

4.0

for Salary and Benefits

Likes

Good Salary, work life balance.

Salary - Good

+4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Manager Salary FAQs

What is the salary of Manager at Bank of America in Chennai?

The average salary of a Manager at Bank of America in Chennai typically ranges from ₹11.0 Lakhs to ₹32.0 Lakhs per year, depending on experience (from 5 years to 16 years).

The top 10% of Manager in Chennai at Bank of America earn more than ₹26.5 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Manager 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 20+ Bank of America employees in India.

What is the estimated take home salary of a Manager at Bank of America in Chennai?

The estimated take-home salary of a Manager at Bank of America in Chennai typically ranges from ₹1,51,965 to ₹1,57,700 per month. This is based on the average salary range of ₹11.0 Lakhs to ₹32.0 Lakhs per year for employees with experience ranging from 5 years to 16 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 20+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Manager at Bank of America in Chennai?

To be a Manager at Bank of America in Chennai, the key skills required include:

- Risk Management
- Asset Management
- Analytics
- SQL
- Financial Services

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.

What is the salary of a Manager in companies similar to Bank of America in Chennai?

The salary of a Manager at companies similar to Bank of America in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Bank of India	₹11.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank	₹9.7 Lakhs to ₹25.0 Lakhs per year
HSBC Electronic Data Processing	₹8.0 Lakhs to ₹23.3 Lakhs per year
Federal Bank	₹9.0 Lakhs to ₹23.0 Lakhs per year
Standard Chartered	₹7.0 Lakhs to ₹24.3 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 Manager at Bank of America in Chennai?

The salary growth for a Manager at Bank of America in Chennai depends on factors such as experience, performance, and promotions. On average, a Manager in Chennai can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
5 years	₹24.1 Lakhs to ₹30.8 Lakhs per year
6 years	₹23.7 Lakhs to ₹30.3 Lakhs per year
7 years	₹23.3 Lakhs to ₹29.8 Lakhs per year
8 years	₹22.9 Lakhs to ₹29.2 Lakhs per year

and so on.

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Bank of America Manager Salaries in Chennai

Bank of America Manager salary in Chennai ranges between ₹11 Lakhs to ₹32 Lakhs with an average annual salary of ₹. Salary estimates are based on 22 Bank of America latest salaries received from various employees of Bank of America.