Bank of America Network Security Engineer Salaries by 4 Employees

3 - 5 years exp.

₹3.5 Lakhs - ₹10.7 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

21% less than the average Network Security Engineer Salary in Banking Companies for 3 - 5 years of experience

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Salaries in different departments

IT & Information Security Network Security Engineer Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹3.9 L/yr
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Engineering - Hardware & Networks Network Security Engineer Salary 5 years exp. (AmbitionBox Estimate)	₹7.2 L/yr - ₹8.9 L/yr

Last Updated: 30 Jun 2023

Companies similar to Bank of America for Network Security Engineer

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Network Security Engineer Salary 1 - 7 years exp. (7 salaries)	₹2.4 L/yr - ₹5.5 L/yr 19% less
HDFC Bank Network Security Engineer Salary 0 - 11 years exp. (4 salaries)	₹12.5 L/yr - ₹23 L/yr 166% more
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ICICI Bank Network Security Engineer Salary 3 - 6 years exp. (3 salaries)	₹3.9 L/yr - ₹5.2 L/yr 24% less
Barclays Network Security Engineer Salary 5 - 13 years exp. (3 salaries)	₹9.7 L/yr - ₹33 L/yr 274% more
TCS Network Security Engineer Salary 2 - 10 years exp. (514 salaries)	₹3.8 L/yr - ₹14 L/yr 41% more

Network Security Engineer salary at Bank of America ranges between ₹3.5 Lakhs to ₹10.7 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Network Security Engineer salaries

Last Updated: 30 Jun 2023

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹3.5 L/yr
4 years (AmbitionBox Estimate)	₹3.5 L/yr - ₹9.7 L/yr
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5 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹11 L/yr

Similar Designation salaries in Bank of America

Senior Network Security Engineer Salary

(AmbitionBox Estimate)

₹47.5 L/yr - ₹52.5 L/yr

Security Engineer Salary

(AmbitionBox Estimate)

₹23.4 L/yr - ₹29.9 L/yr

Network Engineer Salary

(7 salaries)

₹3.5 L/yr - ₹16 L/yr

Senior Network Engineer Salary

(AmbitionBox Estimate)

₹33.3 L/yr - ₹42.6 L/yr

Project Engineer Salary

(4 salaries)

₹8.5 L/yr - ₹12 L/yr

Senior Engineer Salary

(32 salaries)

₹3.36 L/yr - ₹17.69 L/yr

Cyber Security Analyst Salary

(3 salaries)

₹7 L/yr - ₹10 L/yr

Technical Support Engineer Salary

(8 salaries)

₹3.3 L/yr - ₹9.5 L/yr

Security Analyst Salary

(9 salaries)

₹10.5 L/yr - ₹16 L/yr

NOC Engineer Salary

(AmbitionBox Estimate)

₹0.1 L/yr - ₹0.1 L/yr

Salary related reviews for Bank of America

Analyst in Gurgaon / Gurugram

Full Time

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3.0

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3.0

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The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

Job security - Excellent

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No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

Skill development - Poor

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Senior Analyst in Mumbai

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5.0

• posted on 27 Jan 2022

5.0

for Salary and Benefits

Likes

...d it's the company with a great work ethics, work life balance and job security. Salary is all fixed + Sodexo & transport as an extra benefits. But since it's a bank, lot of projects are on legacy and switching from one technology to another is so difficult, it's only possible if you have good relations with leadership.

Salary - Excellent

+6 more

Dislikes

Since it's a bank so lot of legacy project and some of the guys working in a project from 10-12 years. So it's quiet difficult to get a good latest technology project or if you want to switch technology then you should have good relationship with manager. The other problem is with their is nothing like HR, they always say we are here for you but they are for managers only, and there is no value of associate in their eyes. They just came in picture for selling parental insurance, diversity and throwing policies on associates.

Senior Analyst in Chennai

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Nothing exceptional , just an another service class company.

Job security - Good

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Analyst in Chennai

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Job security - Good

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

Salary - Poor

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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 Network Security Engineer Salary FAQs

What is the salary of Network Security Engineer at Bank of America ?

The average salary of a Network Security Engineer at Bank of America in India typically ranges from ₹3.5 Lakhs to ₹10.7 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Network Security Engineer at Bank of America earn more than ₹11.0 Lakhs per year, and the top 1% earn over ₹11.0 Lakhs per year. Network Security Engineer 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 4 Bank of America employees in India.

What is the estimated take home salary of a Network Security Engineer at Bank of America in India?

The estimated take-home salary of a Network Security Engineer at Bank of America in India typically ranges from ₹45,170 to ₹46,259 per month. This is based on the average salary range of ₹3.5 Lakhs to ₹10.7 Lakhs per year for employees with experience ranging from 3 years to 5 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 4 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America for Network Security Engineer in India?

Barclays	₹9.7 Lakhs to ₹33.0 Lakhs per year
HDFC Bank	₹12.5 Lakhs to ₹23.0 Lakhs per year
TCS	₹3.8 Lakhs to ₹14.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

What is the salary of a Network Security Engineer in companies similar to Bank of America in India?

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

IDFC FIRST Bank	₹2.4 Lakhs to ₹5.5 Lakhs per year
ICICI Bank	₹3.9 Lakhs to ₹5.2 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 Network Security Engineer at Bank of America in India?

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

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹3.5 Lakhs per year
4 years	₹3.5 Lakhs to ₹9.7 Lakhs per year
5 years	₹8.1 Lakhs to ₹11.0 Lakhs per year

and so on.

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Bank of America Network Security Engineer Salaries

Bank of America Network Security Engineer salary in India ranges between ₹3.5 Lakhs to ₹10.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.