Bank of America Chennai Officer Salaries by 10+ Employees (Updated 2025)

3 - 13 years exp.

₹12 Lakhs - ₹27 Lakhs

Avg. annual salary

Monthly In-hand Salary

127% more than the average Officer Salary in Banking Companies for 3 - 13 years of experience

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Salaries in different departments

Engineering - Software & QA Officer Salary 6 - 13 years exp. (5 salaries)	₹12 L/yr - ₹28.9 L/yr
Engineering - Hardware & Networks Officer Salary 5 - 11 years exp. (AmbitionBox Estimate)	₹13.2 L/yr - ₹19 L/yr
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IT & Information Security Officer Salary 7 - 11 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹28.4 L/yr
Production, Manufacturing & Engineering Officer Salary 8 years exp. (AmbitionBox Estimate)	₹13.6 L/yr - ₹19 L/yr

Last Updated: 14 Mar 2025

Companies similar to Bank of America for Officer in Chennai

Bank of America Officer Salary

3 - 13 years exp. (11 salaries)

₹12 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Officer Salary 1 - 6 years exp. (295 salaries)	₹1.5 L/yr - ₹5.2 L/yr 76% less
Yes Bank Officer Salary 0 - 7 years exp. (153 salaries)	₹1.5 L/yr - ₹3.9 L/yr 82% less
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HDFC Bank Officer Salary 0 - 8 years exp. (126 salaries)	₹1.4 L/yr - ₹5 L/yr 83% less	6 job openings
IndusInd Bank Officer Salary 0 - 5 years exp. (67 salaries)	₹1.8 L/yr - ₹4.1 L/yr 80% less	2 job openings
Equitas Small Finance Bank Officer Salary 1 - 7 years exp. (61 salaries)	₹1.4 L/yr - ₹3.5 L/yr 85% less
ICICI Bank Officer Salary 0 - 6 years exp. (32 salaries)	₹1.6 L/yr - ₹3.8 L/yr 82% less
NatWest Group Officer Salary 1 - 7 years exp. (12 salaries)	₹2 L/yr - ₹3.2 L/yr 83% less
IDFC FIRST Bank Officer Salary 1 - 6 years exp. (11 salaries)	₹2.8 L/yr - ₹3.8 L/yr 78% less
Jana Small Finance Bank Officer Salary 1 - 4 years exp. (5 salaries)	₹1.5 L/yr - ₹3 L/yr 86% less
Indian Bank Officer Salary 6 - 10 years exp. (5 salaries)	₹8.5 L/yr - ₹16.3 L/yr 32% less
Ujjivan Small Finance Bank Officer Salary 1 - 5 years exp. (4 salaries)	₹2.8 L/yr - ₹3.5 L/yr 79% less
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Federal Bank Officer Salary 0 - 1 year exp. (3 salaries)	₹8 L/yr - ₹15 L/yr 23% less
State Bank of India Officer Salary 2 - 7 years exp. (3 salaries)	₹4 L/yr - ₹10 L/yr 45% less
HSBC Electronic Data Processing Officer Salary 10 - 13 years exp. (3 salaries)	₹5.1 L/yr - ₹5.2 L/yr 66% less

Officer salary at Bank of America ranges between ₹12 Lakhs to ₹27 Lakhs per year for employees with experience between 3 years to 13 years. Salary estimates are based on 11 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Officer in Chennai

3w ago

₹18.9 Lakhs

13 years exp.

1mo ago

₹19 Lakhs

11 years exp.

2mo ago

₹32.2 Lakhs

10 years exp.

3mo ago

₹19 Lakhs

8 years exp.

4mo ago

₹13 Lakhs

7 years exp.

5mo ago

6 years exp.

6mo ago

6 years exp.

6mo ago

11 years exp.

10mo ago

5 years exp.

11mo ago

7 years exp.

Experience wise Bank of America Officer salaries in Chennai

Last Updated: 14 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
4 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹16 L/yr
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5 years (AmbitionBox Estimate)	₹12.9 L/yr - ₹16.5 L/yr
6 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17.1 L/yr
7 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.6 L/yr
8 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
9 years (AmbitionBox Estimate)	₹14.6 L/yr - ₹18.7 L/yr
10 years (AmbitionBox Estimate)	₹15 L/yr - ₹19.2 L/yr
11 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
12 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.3 L/yr
13 years (AmbitionBox Estimate)	₹16.3 L/yr - ₹20.9 L/yr

View all

Similar Designation salaries in Bank of America

Software Engineer Salary

(336 salaries)

₹6.8 L/yr - ₹26.78 L/yr

Quality Analyst Salary

(20 salaries)

₹6.97 L/yr - ₹20.5 L/yr

Quality Engineer Salary

(16 salaries)

₹10.05 L/yr - ₹33 L/yr

Top skills at Bank of America for Officer

Risk Management Investment Banking Financial Services Talent Acquisition Banking Business Strategy Process Improvement Client Management Customer Service Trade Finance Loans Operational Excellence US GAAP Ratio Analysis Analytical

Salary related reviews for Bank of America

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Salary - Bad

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Assistant Vice President in Chennai

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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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Job security - Excellent

+3 more

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Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

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Top trending discussions

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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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Bank of America Officer Salary FAQs

What is the salary of Officer at Bank of America in Chennai?

The average salary of a Officer at Bank of America in Chennai typically ranges from ₹12.0 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 3 years to 13 years).

The top 10% of Officer in Chennai at Bank of America earn more than ₹29.9 Lakhs per year, and the top 1% earn over ₹32.2 Lakhs per year. Officer 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 10+ Bank of America employees in India.

What is the estimated take home salary of a Officer at Bank of America in Chennai?

The estimated take-home salary of a Officer at Bank of America in Chennai typically ranges from ₹1,05,295 to ₹1,08,188 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 3 years to 13 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 10+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Officer at Bank of America in Chennai?

To be a Officer at Bank of America in Chennai, the key skills required include:

- Risk Management
- Investment Banking
- Financial Services
- Talent Acquisition
- Banking

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.

What is the salary of a Officer in companies similar to Bank of America in Chennai?

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

Federal Bank	₹8.0 Lakhs to ₹15.0 Lakhs per year
Indian Bank	₹8.5 Lakhs to ₹16.3 Lakhs per year
State Bank of India	₹4.0 Lakhs to ₹10.0 Lakhs per year
HSBC Electronic Data Processing	₹5.1 Lakhs to ₹5.2 Lakhs per year
Standard Chartered	₹1.5 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 Officer at Bank of America in Chennai?

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

Experience	Average Salary Range
3 years	₹12.1 Lakhs to ₹15.4 Lakhs per year
4 years	₹12.5 Lakhs to ₹16.0 Lakhs per year
5 years	₹12.9 Lakhs to ₹16.5 Lakhs per year
6 years	₹13.3 Lakhs to ₹17.1 Lakhs per year

and so on.

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Bank of America Officer Salaries in Chennai

Bank of America Officer salary in Chennai ranges between ₹12 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Bank of America latest salaries received from various employees of Bank of America.