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Bank of America

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4.3

based on 3k Reviews

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Mumbai
Finance & Accounting

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Bank of America Finance & Accounting Department Salaries in Mumbai (Updated 2025)

based on 388 latest salaries
Designation Avg Annual Salary Open Jobs

Team Lead

0 - 16 years exp. · Mumbai (52 salaries)
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₹6.9 L/yr - ₹14.5 L/yr

4 job openings

Team Member

0 - 4 years exp. · Mumbai (40 salaries)
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₹3 L/yr - ₹4.5 L/yr

2 job openings

Analyst

1 - 8 years exp. · Mumbai (22 salaries)
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₹7 L/yr - ₹23.5 L/yr

Team Developer

3 - 9 years exp. · Mumbai (17 salaries)
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₹4.4 L/yr - ₹9.8 L/yr

6 job openings
Starting your career? Discover Bank of America fresher salaries in India

Assistant Vice President

10 - 19 years exp. · Mumbai (16 salaries)
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₹27.7 L/yr - ₹50 L/yr

Senior Team Member

1 - 5 years exp. · Mumbai (16 salaries)
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₹3.4 L/yr - ₹5.7 L/yr

3 job openings

Fraud Analyst

1 - 3 years exp. · Mumbai (11 salaries)
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₹3.5 L/yr - ₹5 L/yr

Senior Analyst

4 - 8 years exp. · Mumbai (11 salaries)
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₹15.1 L/yr - ₹29.9 L/yr

1 job opening

Investment Banking Analyst

1 - 3 years exp. · Mumbai (5 salaries)
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₹14.8 L/yr - ₹20.3 L/yr

Senior Financial Analyst

2 - 4 years exp. · Mumbai (4 salaries)
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₹3.6 L/yr - ₹6.6 L/yr

AVP

13 - 15 years exp. · Mumbai (3 salaries)
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₹38 L/yr - ₹44.1 L/yr

Senior Investment Banking Analyst

6 - 7 years exp. · Mumbai (3 salaries)
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₹18.3 L/yr - ₹25 L/yr

Officer

2 - 11 years exp. · Mumbai (3 salaries)
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₹8.8 L/yr - ₹20.2 L/yr

Accounts Payable Officer

5 - 7 years exp. · Mumbai (3 salaries)
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₹3.3 L/yr - ₹3.7 L/yr

Assistant Vice President Finance

7 - 9 years exp. · Mumbai (3 salaries)
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₹32 L/yr - ₹56.3 L/yr

Treasury Officer

6 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.5 L/yr

Tax Consultant

3 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Financial Analyst

2 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹7.1 L/yr

Technical Administrator

8 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

Credit Operations Manager

4 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.9 L/yr - ₹11.3 L/yr

Last Updated: 24 Feb, 2025

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a senior quality lead
Help me with in hand salary
Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions
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Salary related reviews for Bank of America

3.7

Rated by 49 employees for salary & benefits

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

read more
  • Salary - Excellent
    • +4 more

Dislikes

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

Team Developer in Gurgaon / Gurugram

Full Time

 · 

Finance & Accounting Department

4.0
  •  posted on 28 Sep 2023
3.0
 for  Salary and Benefits

Likes

I like the facilities they give to make a good environment and maintain employees trust for the bank, Nice peers who can guide you for different things also apart from work.

read more
  • Job security - Excellent
    • +3 more

Dislikes

...s bonus per year. No festive gifts are provided. In short less budget they have. If someone leave the bank will be the Salary and bonus reason.

read more

Associate Vice President in Gurgaon / Gurugram

Full Time

 · 

Finance & Accounting Department

3.0
  •  posted on 24 Oct 2023
4.0
 for  Salary and Benefits

Likes

Good salary, Networking is encouraged (too much sometimes!), Volunteering activities.

read more
  • Salary - Good
    • +1 more

Dislikes

Company culture specially the bhai-bandi attitude between old timers, very BPO kind of environment, tenure and connection is more relevant than the skill of a person (specially new joiners)

read more
  • Company culture - Poor

Team Member in Gift City Gandhinagar

Finance & Accounting Department

5.0
  •  posted on 23 Jan 2022
5.0
 for  Salary and Benefits

Likes

The best company I hd ever worked as this is my 1st job but they cares there employees, they help us and support us in every way they can..A very balanced and benefited company.

read more
  • Salary - Excellent
    • +6 more

Dislikes

It's about the target work and providing less salary.

Team Member in Guegaon

Finance & Accounting Department

5.0
  •  posted on 05 Jun 2021
5.0
 for  Salary and Benefits

Likes

Bank of America is one of the best companies I ever thought of working with. Complete job security, everyone is so polite whether its your Front line manager or senior manager, they are ready to listen to your issues and try solve them. Best work culture, they provide work to you according to your qualities and which you can easily manage and at every point of time you can ask your seniors for help, they are very polite in providing you solution.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Seriously nothing to dislike, best salary, best growth, great company.

see more salary related reviews

Bank of America interview questions by designations

Software Engineer (18)Software Developer (16)Team Member (16)Team Developer (9)
View all 204 interview experiences

Know more about Bank of America Mumbai

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Bank of America Salary FAQs

How much does Bank of America pay per year?
The average Bank of America salary ranges from approximately ₹1.5 Lakh to ₹2.1 Lakhs per year for a Mail Room Executive and ₹75 Lakhs to ₹1.3 Crore per year for a Senior Vice President. Salary estimates are based on 388 Bank of America salaries received from various employees of Bank of America. Bank of America employees rate the overall salary and benefits package 3.7/5 stars.
What is the highest salary in Bank of America?
The highest-paying job at Bank of America is a Senior Vice President with a salary of ₹75 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹30 lakhs per year. The top 1% earn more than a whopping ₹59.06 lakhs per year.
What is the minimum salary in Bank of America?
Minimum salary at Bank of America depends on the role you are applying for. For Team Member the minimum salary is ₹1.6 Lakh to ₹5 Lakhs per year, and for Senior Team Member the minimum salary is ₹2.2 Lakhs to ₹8 Lakhs per year and so on.
What is the salary package for freshers in Bank of America?
The average salary at Bank of America for freshers varies from ₹3 Lakhs to ₹4.5 Lakhs per year for Team Member and ₹9.1 Lakhs to ₹25 Lakhs per year for Management Trainee.
What is the notice period at Bank of America in Finance & Accounting Department in Mumbai?
According to AmbitionBox, 80% of the Bank of America employees in Finance & Accounting Department in Mumbai reported a notice period of 2 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 321 responses on AmbitionBox in last 2 years.

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Average annual salary in Finance & Accounting department at Bank of America , Mumbai is INRunlock blur . Salary estimates are based on 388 Bank of America latest salaries received from various employees of Bank of America.

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