Bank of America Navi Mumbai Salaries by 30+ Employees (Updated 2025)

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Engineering - Software & QA Engineering - Hardware & Networks

Designation	Avg Annual Salary	Open Jobs
Infrastructure Engineer 7 - 9 years exp. · Navi Mumbai (5 salaries)	₹11 L/yr - ₹22 L/yr	1 job opening
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Quality Specialist 5 - 8 years exp. · Navi Mumbai (5 salaries)	₹12.5 L/yr - ₹15 L/yr
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Resident Engineer 10 - 15 years exp. · Navi Mumbai (4 salaries)	₹22.1 L/yr - ₹28.6 L/yr
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Software Engineer 1B 1 - 2 years exp. · Navi Mumbai (3 salaries)	₹7 L/yr - ₹14 L/yr
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Senior Systems Engineer 5 - 7 years exp. · Navi Mumbai (3 salaries)	₹8.5 L/yr - ₹10.3 L/yr
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Cyber Security Engineer 2 - 3 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹10.9 L/yr - ₹13.9 L/yr
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Scrum Master 10 - 11 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹17.5 L/yr - ₹26.1 L/yr
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Senior Associate 2 - 6 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹4.1 L/yr - ₹4.9 L/yr
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IT Supervisor 5 - 6 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹16 L/yr - ₹20.4 L/yr
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Data Engineer II 9 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹25.2 L/yr - ₹32.2 L/yr	1 job opening
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Scrum Master and Manager 14 years exp. · Navi Mumbai (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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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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Salary related reviews for Bank of America

3.2

Rated by 2 employees for salary & benefits

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Mar 2025

1.0

for Salary and Benefits

Likes

...e was good but now India Mumbai site leadership gang just exploiting employee...for their bonus and promotion..they are paying less to employees and keeping all the money in their pockets

Dislikes

Office politics. you can't grow if you are not part of gang ...old employee are forced to leave the company as now they are good for nothing for leadership team.....all the leaders got promotion because of old employees hard work but now they forgot everything and they are making their life miserable

Salary - Bad

+4 more

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

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.

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Job security - Good

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Salary - Bad

+3 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

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Bank of America interview questions by designations

Software Engineer (18)Software Developer (17)Team Member (16)Team Developer (9)

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Know more about Bank of America Navi Mumbai

Bank of America Salary FAQs

How much does Bank of America pay to its employees?

The average annual salary at Bank of America varies depending on the role, experience, and location. The salary ranges for some popular designations at Bank of America, are as follows:

Infrastructure Engineer	₹11 Lakhs to ₹22 Lakhs per year
Quality Specialist	₹12.5 Lakhs to ₹15 Lakhs per year
Resident Engineer	₹22.1 Lakhs to ₹28.6 Lakhs per year
Software Engineer 1B	₹7 Lakhs to ₹14 Lakhs per year

The highest-paying role, Senior Vice President, earns between ₹75 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹30 Lakhs per year, and the top 1% earn over ₹60 Lakhs per year. 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 salary estimates are based on data from 30 salaries submitted by Bank of America employees. Bank of America is rated 3.2 out of 5 stars by its employees on the salary and benefits parameter.

What is the salary of a fresher at Bank of America in Navi Mumbai?

The salary of a fresher at Bank of America in Navi Mumbai typically ranges from ₹3 Lakhs to ₹25 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:

Fresher as a Team Member Salary	₹3 Lakhs to ₹4.5 Lakhs per year
Fresher as a Team Lead Salary	₹7.5 Lakhs to ₹14 Lakhs per year
Fresher as a Senior Technical Associate Salary	₹6 Lakhs to ₹13.2 Lakhs per year
Fresher as a Software Developer Salary	₹6 Lakhs to ₹10 Lakhs per year

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Average annual salary in Bank of America , Navi Mumbai is INR . Salary estimates are based on 30+ Bank of America latest salaries received from various employees of Bank of America.