Bank of America Chennai Process Associate Salaries by 4 Employees (Updated 2025)

1 - 3 years exp.

₹1.2 Lakh - ₹3.7 Lakhs

Salary of majority employees

22% less than the average Process Associate Salary in Banking Companies for 1 - 3 years of experience

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Last Updated: 24 Oct 2024

Companies similar to Bank of America for Process Associate in Chennai

Bank of America Process Associate Salary

1 - 3 years exp. (4 salaries)

₹1.2 L/yr - ₹3.7 L/yr

Company name	Avg Annual Salary	Open Jobs
Wells Fargo Process Associate Salary 1 - 6 years exp. (18 salaries)	₹2.6 L/yr - ₹6 L/yr 53% more
HSBC Group Process Associate Salary 1 - 6 years exp. (9 salaries)	₹2.4 L/yr - ₹5 L/yr 62% more
Login to view exact salary
Barclays PLC Process Associate Salary 1 - 2 years exp. (4 salaries)	₹1.2 L/yr - ₹2.5 L/yr 12% less
Barclays Process Associate Salary 0 - 7 years exp. (73 salaries)	₹1 L/yr - ₹7 L/yr 63% more
NatWest Group Process Associate Salary 1 - 8 years exp. (61 salaries)	₹2.2 L/yr - ₹7.6 L/yr 68% more
Standard Chartered Process Associate Salary 0 - 5 years exp. (15 salaries)	₹1.1 L/yr - ₹6.3 L/yr 16% more
Yes Bank Process Associate Salary 1 - 4 years exp. (10 salaries)	₹1.6 L/yr - ₹3.5 L/yr 3% less
HDFC Bank Process Associate Salary 2 - 6 years exp. (8 salaries)	₹2 L/yr - ₹5.4 L/yr 26% more
Equitas Small Finance Bank Process Associate Salary 0 - 8 years exp. (6 salaries)	₹1 L/yr - ₹4 L/yr 2% less
IndusInd Bank Process Associate Salary 4 - 7 years exp. (5 salaries)	₹2.4 L/yr - ₹3.1 L/yr 8% more

Process Associate salary at Bank of America ranges between ₹1.2 Lakh to ₹3.7 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Process Associate salaries in Chennai

Last Updated: 24 Oct 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹1.2 L/yr - ₹3.7 L/yr
2 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹3.7 L/yr
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3 years (AmbitionBox Estimate)	₹1.4 L/yr - ₹4.3 L/yr

From

Process Associate

₹

Lakhs/yr

1 - 5 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Process Associate 1 - 5 years exp.

Senior Process Associate 2 - 7 years exp.

90% hike

Team Developer 3 - 12 years exp.

34% hike

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Senior Associate Salary

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₹3.65 L/yr - ₹4.53 L/yr

Salary related reviews for Bank of America

4.2

Rated by 2 employees for salary & benefits

Process Associate in Mindspace, Hyderabad

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.

Analyst in Gurgaon / Gurugram

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.

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.

Skill development - Poor

+2 more

Senior Analyst in Mumbai

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.

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

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.

Salary - Poor

+5 more

Analyst in Chennai

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

Salary - Poor

+1 more

see more salary related reviews

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of America Process Associate Salary FAQs

What is the salary of Process Associate at Bank of America Chennai?

Process Associate salary at Bank of America in Chennai ranges between ₹1.2 Lakhs to ₹3.7 Lakhs for experience between 1 years to 3 years. According to our estimates it is 22% less than the average Process Associate Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of America Chennai.

How does the salary of a Process Associate at Bank of America Chennai compare with the average salary range for this job?

The average salary of a Process Associate at Bank of America is 22% less than the average salary of a Process Associate in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Process Associate in Chennai?

NatWest Group Process Associate Salary - ₹2.2 Lakhs to ₹7.6 Lakhs per year
Barclays Process Associate Salary - ₹1.0 Lakhs to ₹7.0 Lakhs per year
HSBC Group Process Associate Salary - ₹2.4 Lakhs to ₹5.0 Lakhs per year
Wells Fargo Process Associate Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year
HDFC Bank Process Associate Salary - ₹2.0 Lakhs to ₹5.4 Lakhs per year

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

Standard Chartered Process Associate Salary - ₹1.1 Lakhs to ₹6.3 Lakhs per year
IndusInd Bank Process Associate Salary - ₹2.4 Lakhs to ₹3.1 Lakhs per year
Equitas Small Finance Bank Process Associate Salary - ₹1.0 Lakhs to ₹4.0 Lakhs per year
Yes Bank Process Associate Salary - ₹1.6 Lakhs to ₹3.5 Lakhs per year
Barclays PLC Process Associate Salary - ₹1.2 Lakhs to ₹2.5 Lakhs per year

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

The estimated take-home salary of a Process Associate at Bank of America ranges between ₹16,554 per month to ₹18,256 per month in Chennai. 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 ₹3.7 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Process Associate at Bank of America in Chennai?

According to AmbitionBox, 100% of the Bank of America Process Associates in Chennai reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Bank of America Process Associate Salaries in Chennai

Bank of America Process Associate salary in Chennai ranges between ₹1.2 Lakh to ₹3.7 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.