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Bank of America Process Associate salaries in India

Annual salary range
1 - 5 years exp.
₹1.2 Lakh - ₹4.8 Lakhs
Salary of majority employees
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11% less than the average Process Associate Salary in Banking Companies for 1 - 5 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Process Associate Salary
2 - 5 years exp. (8 salaries)
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₹2 L/yr - ₹3.8 L/yr

BFSI, Investments & Trading
Process Associate Salary
1 - 4 years exp. (5 salaries)
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₹1.5 L/yr - ₹3 L/yr

Finance & Accounting
Process Associate Salary
2 - 4 years exp. (5 salaries)
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₹2.1 L/yr - ₹4.8 L/yr

Risk Management & Compliance
Process Associate Salary
1 - 3 years exp. (3 salaries)
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₹2.9 L/yr - ₹3.8 L/yr

Procurement & Supply Chain
Process Associate Salary
1 - 2 years exp. (AmbitionBox Estimate)
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₹1.2 L/yr - ₹2.3 L/yr

Last Updated: 24 Oct 2024

Companies similar to Bank of America for Process Associate

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Process Associate Salary

4 - 14 years exp. (64 salaries)

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₹4.2 L/yr - ₹18.1 L/yr

arrow icon 269% more
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Wells Fargo Process Associate Salary

0 - 5 years exp. (92 salaries)

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₹2.1 L/yr - ₹7.5 L/yr

arrow icon 31% more
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Goldman Sachs Process Associate Salary

0 - 14 years exp. (11 salaries)

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₹6.5 L/yr - ₹21 L/yr

arrow icon 407% more
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Morgan Stanley Process Associate Salary

1 - 9 years exp. (21 salaries)

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₹4.3 L/yr - ₹14.1 L/yr

arrow icon 193% more
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HSBC Group Process Associate Salary

1 - 6 years exp. (116 salaries)

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₹2 L/yr - ₹6.5 L/yr

arrow icon 43% more
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₹1.2 L/yr - ₹2.6 L/yr

arrow icon 24% less
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UBS Process Associate Salary

2 - 6 years exp. (4 salaries)

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₹2.1 L/yr - ₹4.5 L/yr

arrow icon 57% more
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NatWest Group Process Associate Salary

1 - 7 years exp. (116 salaries)

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₹2 L/yr - ₹7.6 L/yr

arrow icon 35% more
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Barclays Process Associate Salary

0 - 7 years exp. (114 salaries)

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₹1 L/yr - ₹7.1 L/yr

arrow icon 47% more
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ICICI Bank Process Associate Salary

1 - 4 years exp. (77 salaries)

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₹1 L/yr - ₹4.2 L/yr

arrow icon 6% less
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Process Associate salary at Bank of America ranges between ₹1.2 Lakh to ₹4.8 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 29 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Process Associate

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Experience wise Bank of America Process Associate salaries

Last Updated: 24 Oct 2024

Experience Avg Annual Salary
1 year  (5 salaries)

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₹1.2 L/yr - ₹3.4 L/yr
2 years  (8 salaries)

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₹1.4 L/yr - ₹3.8 L/yr
3 years  (11 salaries)

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₹1.4 L/yr - ₹4.8 L/yr
4 years  (3 salaries)

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₹2 L/yr - ₹4.8 L/yr
5 years (AmbitionBox Estimate)

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₹3 L/yr - ₹3.6 L/yr
Bank of America Process Associate Salary and Career Growth

From

To

Process Associate

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1 - 5 years exp.

Vice President

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14 - 25 years exp.

Process Associate 1 - 5 years exp.
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Senior Process Associate 2 - 9 years exp.
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arrow icon 103% hike
Team Developer 3 - 12 years exp.
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arrow icon 26% hike

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Similar Designation salaries in Bank of America

Senior Associate Salary
(116 salaries)
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₹1.8 L/yr - ₹9.5 L/yr
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₹1.8 L/yr - ₹9.7 L/yr
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₹3.25 L/yr - ₹6 L/yr
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₹4 L/yr - ₹40 L/yr
Senior Analyst Salary
(913 salaries)
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₹9 L/yr - ₹30 L/yr
Accountant Salary
(3 salaries)
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₹3 L/yr - ₹5 L/yr
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₹2.4 L/yr - ₹5.1 L/yr
Analyst Salary
(720 salaries)
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₹6.97 L/yr - ₹30 L/yr
Accounting Staff Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
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₹2.52 L/yr - ₹9.36 L/yr

Salary related reviews for Bank of America

4.3

Rated by 12 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

3.0
  •  posted on 16 Jan 2023

5.0
 for  Salary and Benefits

Likes

Its a good company to work with good place to improve ur banking skills & also very secured for girl employees

  • Salary - Excellent
  • +4 more

Dislikes

Very selective in giving bonus hikes & goodies. Very much target oriented non performers gets very less encouragement.

read more

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 07 May 2023

3.0
 for  Salary and Benefits

Likes

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

read more
  • Job security - Excellent
  • +1 more

Dislikes

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.

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  • Skill development - Poor
  • +2 more

GIS Department

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.

read more
  • 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.

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EDMA Department

1.0
  •  posted on 09 Mar 2022

2.0
 for  Salary and Benefits

Likes

Nothing exceptional , just an another service class company.

  • Job security - Good

Dislikes

Service class company with senior posts occupied from TCS return candidates. selectivitism in salary hikes and promotions. dont join if you are looking for career growth.

read more
  • Salary - Poor
  • +5 more

Engineering - Software & QA Department

4.0
  •  posted on 11 Jun 2021

2.0
 for  Salary and Benefits

Likes

Work life balance is great and opportunities for learning

  • Skill development - Excellent
  • +4 more

Dislikes

Compensation normalisation is really weak, you need to negotiate and join with good salary, else your pay will be low , even comparing with campus grad

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Bank of America Process Associate Salary FAQs

What is the salary of Process Associate at Bank of America?
Process Associate salary at Bank of America in India ranges between ₹1.2 Lakhs to ₹4.8 Lakhs for experience between 1 years to 5 years. According to our estimates it is 11% less than the average Process Associate Salary in India. Salary estimates are based on 29 latest salaries received from various employees of Bank of America India.
How does the salary of a Process Associate at Bank of America India compare with the average salary range for this job?
The average salary of a Process Associate at Bank of America is 11% less than the average salary of a Process Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bank of America to a Process Associate in India?
  • Goldman Sachs Process Associate Salary - ₹6.5 Lakhs to ₹21.0 Lakhs per year
  • JPMorgan Chase & Co. Process Associate Salary - ₹4.2 Lakhs to ₹18.1 Lakhs per year
  • Morgan Stanley Process Associate Salary - ₹4.3 Lakhs to ₹14.1 Lakhs per year
  • Deutsche Bank Process Associate Salary - ₹1.8 Lakhs to ₹9.0 Lakhs per year
  • UBS Process Associate Salary - ₹2.1 Lakhs to ₹4.5 Lakhs per year
What is the salary of a Process Associate in companies similar to Bank of America in India?
  • Barclays Process Associate Salary - ₹1.0 Lakhs to ₹7.1 Lakhs per year
  • HSBC Group Process Associate Salary - ₹2.0 Lakhs to ₹6.5 Lakhs per year
  • ANZ Banking Group Process Associate Salary - ₹1.9 Lakhs to ₹5.5 Lakhs per year
  • NatWest Group Process Associate Salary - ₹2.0 Lakhs to ₹7.6 Lakhs per year
  • Wells Fargo Process Associate Salary - ₹2.1 Lakhs to ₹7.5 Lakhs per year
What is the estimated take home salary of a Process Associate at Bank of America in India?
The estimated take-home salary of a Process Associate at Bank of America ranges between ₹19,978 per month to ₹21,642 per month in India. The take-home salary calculation is based on the average Bank of America Process Associate salary in India which ranges between ₹1.2 Lakhs to ₹4.8 Lakhs per year for employees with experience between 1 years to 5 years. Check how did we calculate take home salary?
What is the notice period for Process Associate at Bank of America?
According to AmbitionBox, 33% of the Bank of America Process Associates reported a notice period of 15 days or less, 34% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of America Process Associate salary in India ranges between ₹1.2 Lakh to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 29 Bank of America latest salaries received from various employees of Bank of America.