Bank of America Mumbai Manager Salaries by 100+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Manager 5 - 17 years exp. · Mumbai (121 salaries)	₹11.7 L/yr - ₹37 L/yr	5 job openings
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Senior Analyst 3 - 15 years exp. · Mumbai (137 salaries)	₹12.5 L/yr - ₹34 L/yr	1 job opening
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Assistant Vice President 10 - 21 years exp. · Mumbai (117 salaries)	₹22 L/yr - ₹55.7 L/yr
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Financial Analyst 1 - 4 years exp. · Mumbai (11 salaries)	₹3.8 L/yr - ₹16.1 L/yr
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Senior Associate 3 - 7 years exp. · Mumbai (3 salaries)	₹4.5 L/yr - ₹5.2 L/yr
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Software Engineer 1 - 12 years exp. · Mumbai (210 salaries)	₹6.8 L/yr - ₹28.3 L/yr
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Team Lead 0 - 17 years exp. · Mumbai (192 salaries)	₹5.5 L/yr - ₹15 L/yr	4 job openings
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Analyst 1 - 11 years exp. · Mumbai (166 salaries)	₹9 L/yr - ₹27 L/yr
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Team Member 0 - 5 years exp. · Mumbai (166 salaries)	₹3 L/yr - ₹4.7 L/yr	2 job openings
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Senior Software Engineer 4 - 13 years exp. · Mumbai (164 salaries)	₹8.6 L/yr - ₹30.2 L/yr
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Fraud Analyst 0 - 4 years exp. · Mumbai (101 salaries)	₹3 L/yr - ₹5 L/yr
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Investment Banking Analyst 1 - 5 years exp. · Mumbai (94 salaries)	₹13 L/yr - ₹26 L/yr
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Team Developer 3 - 11 years exp. · Mumbai (90 salaries)	₹2.5 L/yr - ₹9.8 L/yr	8 job openings
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Software Engineer2 5 - 12 years exp. · Mumbai (89 salaries)	₹11 L/yr - ₹29.5 L/yr	4 job openings
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Quality Specialist 2 - 10 years exp. · Mumbai (63 salaries)	₹7.2 L/yr - ₹23.9 L/yr
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Senior Team Member 1 - 7 years exp. · Mumbai (54 salaries)	₹2.6 L/yr - ₹5.7 L/yr	4 job openings
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Lead Analyst 10 - 17 years exp. · Mumbai (32 salaries)	₹18.2 L/yr - ₹40 L/yr	1 job opening
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Officer 1 - 13 years exp. · Mumbai (30 salaries)	₹5.3 L/yr - ₹20.2 L/yr
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Data Engineer 1 - 8 years exp. · Mumbai (28 salaries)	₹7 L/yr - ₹20.5 L/yr
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Technical Analyst 1 - 3 years exp. · Mumbai (27 salaries)	₹6.5 L/yr - ₹9.5 L/yr
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Software Engineer Level 1 1 - 3 years exp. · Mumbai (24 salaries)	₹6.5 L/yr - ₹12 L/yr
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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Salary related reviews for Bank of America

4.5

Rated by 16 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 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)

Assistant Vice President in Singapore.

Customer Success, Service & Operations Department

5.0

• posted on 13 Oct 2022

5.0

for Salary and Benefits

Likes

-Nice Bank Culture -Great work life balance -Wide learning (self effort) -Market wise good salary and benefits are probably best in the industry.

Salary - Excellent

+4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

Skill development - Poor

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Know more about Bank of America Mumbai

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 121 Bank of America salaries received from various employees of Bank of America. Bank of America employees rate the overall salary and benefits package 4.5/5 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 ₹58.79 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 for Manager at Bank of America in Mumbai?

According to AmbitionBox, 90% of the Bank of America Managers in Mumbai reported a notice period of 2 Months, 6% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 100 responses on AmbitionBox in last 2 years.

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Average annual salary for Manager in Bank of America , Mumbai is INR . Salary estimates are based on 121 Bank of America latest salaries received from various employees of Bank of America.