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Bank of America

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4.2

based on 3.1k Reviews

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Bank of America Salaries in Mumbai (Updated 2025)

based on 3.5k latest salaries
Explore Salaries by Departments
Engineering - Software & QA BFSI, Investments & Trading Finance & Accounting Data Science & Analytics + 6 more
Designation Avg Annual Salary Open Jobs

Assistant Administration Executive

7 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.1 L/yr - ₹12.9 L/yr

Assistant Officer and Manager

2 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.6 L/yr

Assistant SAP FICO Manager

7 - 8 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.8 L/yr

Assistant Scrum Master Manager

15 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹21.9 L/yr - ₹28 L/yr

Big Data DevOps Engineer

3 - 7 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.6 L/yr - ₹13.6 L/yr

Capital Market Analyst

2 - 4 years exp. · Mumbai (AmbitionBox Estimate)
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₹12.8 L/yr - ₹16.4 L/yr

Credit Operations Manager

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

Cyber Security Architect

7 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹19.4 L/yr - ₹24.7 L/yr

Cyber Security Professional

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

Data Analytics Manager

6 - 7 years exp. · Mumbai (AmbitionBox Estimate)
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₹16.7 L/yr - ₹21.3 L/yr

Data Engineer 3

0 - 1 year exp. · Mumbai (AmbitionBox Estimate)
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₹6.8 L/yr - ₹22.1 L/yr

Fraud and Risk Analyst

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹4 L/yr - ₹4 L/yr

Fraud Prevention Specialist

1 year exp. · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

HR and Shared Services Manager

15 - 16 years exp. · Mumbai (AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr

Human Resource and Payroll Manager

5 - 6 years exp. · Mumbai (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Insurance Process Associate

1 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹3 L/yr - ₹3.8 L/yr

Officer Manager

11 - 14 years exp. · Mumbai (AmbitionBox Estimate)
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₹24.3 L/yr - ₹31 L/yr

Opex Manager

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr

Lead Operator

7 - 9 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.4 L/yr

Risk and Compliance Lead

12 - 13 years exp. · Mumbai (AmbitionBox Estimate)
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₹18.9 L/yr - ₹24.2 L/yr

Last Updated: 16 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w
an architect
Help me choose New Regime or Old Regime for my salary revision
Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits
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Salary related reviews for Bank of America

3.7

Rated by 434 employees for salary & benefits

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

read more
  • Job security - Good

Dislikes

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

read more
  • Salary - Poor
    • +4 more

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.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

Senior Software Engineer in Mumbai

Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 05 Jul 2023
4.0
 for  Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

read more
  • Salary - Good
    • +5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

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Manager (Fraud Risk Analytics & Strategies) in Mumbai

Full Time

 · 

Data Science & Analytics Department

4.0
  •  posted on 14 Mar 2025
4.0
 for  Salary and Benefits

Likes

No one bother the deadlines and the mistakes in work you do. Uou would have enough time to correct your mistakes. No one will care what you do, everyone is happy in their own world. Work life balance is awesome because no work at all. In short SBI of USA. Don't do work, no one will ask you.

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  • Salary - Good
    • +3 more

Dislikes

...Promotion are their weak point, no promotion at all and favourism in promotions. No variable pay like JPMC, Wells, Morgan Stanley and Goldman Sachs.

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  • Promotions - Bad
    • +1 more

Fraud Detection Analyst(Team Member) in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 02 Feb 2025
1.0
 for  Salary and Benefits

Likes

Good work life balance No pressure Good team manager

  • Job security - Good
    • +1 more

Dislikes

No streamlining of processes Salary below market standards Poor salary increments No promotion despite performing decently and tenurity No growth opportunities Many people quit because of lack career growth and financial growth

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  • Salary - Bad
    • +2 more
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 206 interview experiences

Know more about Bank of America Mumbai

More about working at Bank of America

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 3.5k 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 ₹59.07 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 ₹9 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 ₹15 Lakhs to ₹35.6 Lakhs per year for Investment Banking Analyst.
What is the notice period at Bank of America in Mumbai?
According to AmbitionBox, 73% of the Bank of America employees in Mumbai reported a notice period of 2 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 2.4k responses on AmbitionBox in last 2 years.

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Average annual salary in Bank of America , Mumbai is INRunlock blur . Salary estimates are based on 3.5k Bank of America latest salaries received from various employees of Bank of America.

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