Bank of America Procurement and Sourcing Manager Salaries by 4 Employees (Updated 2025)

12 - 15 years exp.

₹15.5 Lakhs - ₹27 Lakhs

Low Confidence

Salary of majority employees

12% more than the average Procurement and Sourcing Manager Salary in Banking Companies for 12 - 15 years of experience

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Last Updated: 14 Mar 2023

Companies similar to Bank of America for Procurement and Sourcing Manager

Company name	Avg Annual Salary	Open Jobs
Genpact Procurement and Sourcing Manager Salary 9 - 15 years exp. (9 salaries)	₹12 L/yr - ₹17.1 L/yr 23% less
TCS Procurement and Sourcing Manager Salary 11 - 20 years exp. (6 salaries)	₹12.5 L/yr - ₹15.8 L/yr 29% less
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Pidilite Industries Procurement and Sourcing Manager Salary 10 - 12 years exp. (4 salaries)	₹19.8 L/yr - ₹25.3 L/yr 8% more
Accenture Procurement and Sourcing Manager Salary 12 - 19 years exp. (4 salaries)	₹24.1 L/yr - ₹35 L/yr 41% more
CG Power and Industrial Solutions Procurement and Sourcing Manager Salary 14 - 18 years exp. (4 salaries)	₹15 L/yr - ₹19 L/yr 19% less

Procurement and Sourcing Manager salary at Bank of America ranges between ₹15.5 Lakhs to ₹27 Lakhs per year for employees with experience between 12 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Procurement and Sourcing Manager salaries

Last Updated: 14 Mar 2023

Experience	Avg Annual Salary
12 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹15.5 L/yr
13 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹32.9 L/yr
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14 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹39.6 L/yr
15+ years (AmbitionBox Estimate)	₹10.3 L/yr - ₹27 L/yr

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Salary related reviews for Bank of America

Team Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

Salary - Good

+6 more

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• posted on 20 Feb 2022

4.0

for Salary and Benefits

Likes

Work life balance is super duper great, job security is like govt.job,management is very supportive and company policies are employee friendly.

Salary - Good

+6 more

Dislikes

Yearly bonus is very less as compared to other companies of same industry. No gifts on diwali, no monetary reward

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

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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 Procurement and Sourcing Manager Salary FAQs

What is the salary of Procurement and Sourcing Manager at Bank of America?

Procurement and Sourcing Manager salary at Bank of America in India ranges between ₹15.5 Lakhs to ₹27.0 Lakhs for experience between 12 years to 15 years. According to our estimates it is 12% more than the average Procurement and Sourcing Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of America India.

How does the salary of a Procurement and Sourcing Manager at Bank of America India compare with the average salary range for this job?

The average salary of a Procurement and Sourcing Manager at Bank of America is 12% more than the average salary of a Procurement and Sourcing Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Procurement and Sourcing Manager in India?

Accenture Procurement and Sourcing Manager Salary - ₹24.1 Lakhs to ₹35.0 Lakhs per year
Pidilite Industries Procurement and Sourcing Manager Salary - ₹19.8 Lakhs to ₹25.3 Lakhs per year

What is the salary of a Procurement and Sourcing Manager in companies similar to Bank of America in India?

CG Power and Industrial Solutions Procurement and Sourcing Manager Salary - ₹15.0 Lakhs to ₹19.0 Lakhs per year
Genpact Procurement and Sourcing Manager Salary - ₹12.0 Lakhs to ₹17.1 Lakhs per year
TCS Procurement and Sourcing Manager Salary - ₹12.5 Lakhs to ₹15.8 Lakhs per year

What is the estimated take home salary of a Procurement and Sourcing Manager at Bank of America in India?

The estimated take-home salary of a Procurement and Sourcing Manager at Bank of America ranges between ₹1,33,752 per month to ₹1,38,663 per month in India. The take-home salary calculation is based on the average Bank of America Procurement and Sourcing Manager salary in India which ranges between ₹15.5 Lakhs to ₹27.0 Lakhs per year for employees with experience between 12 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Procurement and Sourcing Manager at Bank of America?

According to AmbitionBox, 100% of the Bank of America Procurement and Sourcing Managers reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of America Procurement and Sourcing Manager Salaries

Bank of America Procurement and Sourcing Manager salary in India ranges between ₹15.5 Lakhs to ₹27 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.