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

1 - 13 years exp.

₹5.3 Lakhs - ₹20.2 Lakhs

Salary of majority employees

111% more than the average Officer Salary in Banking Companies for 1 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Officer Salary 2 - 10 years exp. (10 salaries)	₹10.1 L/yr - ₹19.2 L/yr
Finance & Accounting Officer Salary 2 - 11 years exp. (3 salaries)	₹8.8 L/yr - ₹20.2 L/yr
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IT & Information Security Officer Salary 11 - 13 years exp. (3 salaries)	₹11 L/yr - ₹17.7 L/yr
Customer Success, Service & Operations Officer Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹12.1 L/yr
Engineering - Software & QA Officer Salary 3 - 12 years exp. (AmbitionBox Estimate)	₹11.1 L/yr - ₹18 L/yr

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Last Updated: 14 Jan 2025

Companies similar to Bank of America for Officer in Mumbai

Bank of America Officer Salary

1 - 13 years exp. (30 salaries)

₹5.3 L/yr - ₹20.2 L/yr

Company name	Avg Annual Salary	Open Jobs
HSBC Group Officer Salary 1 - 10 years exp. (6 salaries)	₹1.5 L/yr - ₹5 L/yr 73% less
Standard Chartered Officer Salary 1 - 5 years exp. (22 salaries)	₹2 L/yr - ₹4.5 L/yr 71% less
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ICICI Bank Officer Salary 0 - 7 years exp. (103 salaries)	₹1.2 L/yr - ₹4.5 L/yr 77% less
Axis Bank Officer Salary 0 - 7 years exp. (256 salaries)	₹1.5 L/yr - ₹4.3 L/yr 78% less	3 job openings
HDFC Bank Officer Salary 0 - 8 years exp. (146 salaries)	₹1.5 L/yr - ₹5 L/yr 77% less	1 job opening
Yes Bank Officer Salary 0 - 6 years exp. (98 salaries)	₹1.5 L/yr - ₹4 L/yr 77% less
RBL Bank Officer Salary 0 - 6 years exp. (91 salaries)	₹1.8 L/yr - ₹3.8 L/yr 78% less
IndusInd Bank Officer Salary 0 - 4 years exp. (90 salaries)	₹1.5 L/yr - ₹4 L/yr 77% less	1 job opening
IDFC FIRST Bank Officer Salary 1 - 6 years exp. (74 salaries)	₹1.8 L/yr - ₹5.9 L/yr 73% less
Federal Bank Officer Salary 0 - 4 years exp. (32 salaries)	₹7.5 L/yr - ₹15 L/yr At par
UBS Officer Salary 5 - 11 years exp. (13 salaries)	₹6.2 L/yr - ₹15.5 L/yr 27% less
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Deutsche Bank Officer Salary 0 - 7 years exp. (12 salaries)	₹2.5 L/yr - ₹4.6 L/yr 72% less
JPMorgan Chase & Co. Officer Salary 0 - 6 years exp. (4 salaries)	₹3.5 L/yr - ₹18 L/yr 28% less
DCB Bank Officer Salary 1 - 3 years exp. (3 salaries)	₹1.5 L/yr - ₹3.6 L/yr 80% less
AU Small Finance Bank Officer Salary 1 - 4 years exp. (3 salaries)	₹2.9 L/yr - ₹3 L/yr 76% less

Officer salary at Bank of America ranges between ₹5.3 Lakhs to ₹20.2 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 30 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Officer salaries in Mumbai

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
1 year (5 salaries)	₹3.9 L/yr - ₹13 L/yr
2 years (4 salaries)	₹4.1 L/yr - ₹17.1 L/yr
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3 years (4 salaries)	₹5 L/yr - ₹17 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹17.1 L/yr
5 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹20.6 L/yr
6 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹21.3 L/yr
7 years (AmbitionBox Estimate)	₹11 L/yr - ₹22.1 L/yr
8 years (AmbitionBox Estimate)	₹11 L/yr - ₹16 L/yr
9 years (4 salaries)	₹8 L/yr - ₹16 L/yr
10 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹19.2 L/yr
11 years (AmbitionBox Estimate)	₹11 L/yr - ₹20.1 L/yr
12 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹17.7 L/yr

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Similar Designation salaries in Bank of America

Software Engineer Salary

(210 salaries)

₹6.75 L/yr - ₹28.3 L/yr

Quality Analyst Salary

(19 salaries)

₹3.8 L/yr - ₹16.71 L/yr

Quality Engineer Salary

(6 salaries)

₹22.2 L/yr - ₹30 L/yr

Senior Engineer Salary

(3 salaries)

₹2.2 L/yr - ₹15.99 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

4.4

Rated by 4 employees for salary & benefits

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

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Job security - Excellent

+3 more

Dislikes

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

Lead Operations Representative in Chennai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 May 2024

3.0

for Salary and Benefits

Likes

The bank conducts so may learning sessions to enrich our knowledge. Some interesting events once a month.

Skill development - Excellent

+2 more

Dislikes

...ter 6 years. No work life balance. No compensatory off for working on a holiday. No compensation for working beyond office hours.

Promotions - Poor

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

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Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

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Bank of America Officer Salary FAQs

What is the salary of Officer at Bank of America Mumbai?

Officer salary at Bank of America in Mumbai ranges between ₹5.3 Lakhs to ₹20.2 Lakhs for experience between 1 years to 13 years. According to our estimates it is 111% more than the average Officer Salary in India. Salary estimates are based on 30 latest salaries received from various employees of Bank of America Mumbai.

How does the salary of a Officer at Bank of America Mumbai compare with the average salary range for this job?

The average salary of a Officer at Bank of America is 111% more than the average salary of a Officer in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Officer at Bank of America?

Risk Management, Investment Banking, Financial Services, Talent Acquisition and Banking are some of the popular skills required to work as a Officer at Bank of America Mumbai.

Which similar companies are paying more than Bank of America to a Officer in Mumbai?

Federal Bank Officer Salary - ₹7.5 Lakhs to ₹15.0 Lakhs per year

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

UBS Officer Salary - ₹6.2 Lakhs to ₹15.5 Lakhs per year
JPMorgan Chase & Co. Officer Salary - ₹3.5 Lakhs to ₹18.0 Lakhs per year
Standard Chartered Officer Salary - ₹2.0 Lakhs to ₹4.5 Lakhs per year
Deutsche Bank Officer Salary - ₹2.5 Lakhs to ₹4.6 Lakhs per year
IDFC FIRST Bank Officer Salary - ₹1.8 Lakhs to ₹5.9 Lakhs per year

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

The estimated take-home salary of a Officer at Bank of America ranges between ₹87,152 per month to ₹89,437 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Officer salary in India which ranges between ₹5.3 Lakhs to ₹20.2 Lakhs per year for employees with experience between 1 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Officer at Bank of America in Mumbai?

According to AmbitionBox, 53% of the Bank of America Officers in Mumbai reported a notice period of 1 Month, 41% reported a notice period of 2 Months and the remaining reported other notice period durations. This is based on 17 responses on AmbitionBox in last 2 years.

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Bank of America Officer Salaries in Mumbai

Bank of America Officer salary in Mumbai ranges between ₹5.3 Lakhs to ₹20.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Bank of America latest salaries received from various employees of Bank of America.