Bank of America Mumbai Project Manager Salaries by 10+ Employees (Updated 2025)

5 - 17 years exp.

₹10.4 Lakhs - ₹23 Lakhs

Avg. annual salary

Monthly In-hand Salary

7% more than the average Project Manager Salary in Banking Companies for 5 - 17 years of experience

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Salaries in different departments

Project & Program Management Project Manager Salary 7 - 11 years exp. (10 salaries)	₹10.4 L/yr - ₹23 L/yr
Customer Success, Service & Operations Project Manager Salary 17 years exp. (AmbitionBox Estimate)	₹20 L/yr - ₹23.5 L/yr
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Data Science & Analytics Project Manager Salary 5 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹22.5 L/yr

Last Updated: 2 Feb 2025

Companies similar to Bank of America for Project Manager in Mumbai

Bank of America Project Manager Salary

5 - 17 years exp. (14 salaries)

₹10.4 L/yr - ₹23 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Project Manager Salary 1 - 15 years exp. (75 salaries)	₹6 L/yr - ₹23 L/yr 35% less	1 job opening
ICICI Bank Project Manager Salary 1 - 12 years exp. (70 salaries)	₹12.6 L/yr - ₹22.8 L/yr 30% less
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IDFC FIRST Bank Project Manager Salary 0 - 13 years exp. (56 salaries)	₹7 L/yr - ₹25.7 L/yr 24% less
IndusInd Bank Project Manager Salary 7 - 18 years exp. (46 salaries)	₹9.4 L/yr - ₹31.5 L/yr 1% more	10 job openings
Yes Bank Project Manager Salary 2 - 14 years exp. (34 salaries)	₹5.7 L/yr - ₹22 L/yr 31% less
RBL Bank Project Manager Salary 1 - 10 years exp. (24 salaries)	₹5 L/yr - ₹13.5 L/yr 47% less
State Bank of India Project Manager Salary 6 - 20 years exp. (8 salaries)	₹7.5 L/yr - ₹27 L/yr 11% less
Deutsche Bank Project Manager Salary 9 - 12 years exp. (7 salaries)	₹20 L/yr - ₹36 L/yr 33% more
AU Small Finance Bank Project Manager Salary 5 - 8 years exp. (5 salaries)	₹7 L/yr - ₹17 L/yr 41% less	1 job opening
IDBI Bank Project Manager Salary 5 - 11 years exp. (4 salaries)	₹15 L/yr - ₹24.5 L/yr 10% less

Project Manager salary at Bank of America ranges between ₹10.4 Lakhs to ₹23 Lakhs per year for employees with experience between 5 years to 17 years. Salary estimates are based on 14 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Project Manager salaries in Mumbai

Last Updated: 2 Feb 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr
6 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
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7 years (AmbitionBox Estimate)	₹16.6 L/yr - ₹21.3 L/yr
8 years (AmbitionBox Estimate)	₹17.1 L/yr - ₹21.8 L/yr
9 years (3 salaries)	₹14 L/yr - ₹35 L/yr
10 years (4 salaries)	₹16.1 L/yr - ₹23 L/yr
11 years (AmbitionBox Estimate)	₹18.3 L/yr - ₹23.4 L/yr
12 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24 L/yr
13 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹24.5 L/yr
14 years (AmbitionBox Estimate)	₹19.6 L/yr - ₹25.1 L/yr
15+ years (AmbitionBox Estimate)	₹20.5 L/yr - ₹26.1 L/yr

View all

Similar Designation salaries in Bank of America

Program Manager Salary

(4 salaries)

₹30.75 L/yr - ₹40 L/yr

Scrum Master Salary

(4 salaries)

₹20.73 L/yr - ₹39 L/yr

Salary related reviews for Bank of America

Project Manager in Hyderabad / Secunderabad

Project & Program Management Department

1.0

• posted on 10 Aug 2018

5.0

for Salary and Benefits

Likes

Compensation and benefits are excellent.

Salary - Excellent

Dislikes

Pathetic environment created by offshore management like Sr.VP, VP etc. They are inefficient and they lives with only perceptions instead of using their brain.They talks a lot about Diversity Benefit but practically nothing is happening there. Senior people have absolute gender biases mindset .

Skill development - Bad

+5 more

Assistant Vice President in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

+4 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

Assistant Vice President in Chennai

Full Time

Data Science & Analytics Department

4.0

• posted on 18 Aug 2023

4.0

for Salary and Benefits

Likes

Good Salary, work life balance.

Salary - Good

+4 more

Dislikes

Local management . Other than delivery there are many things to contribute. Local managers dont care about business and delivery. parallel leadership in india is killing the company. too many meetings without any use. Cab facilities are worst. No proper parking facilities. Heavy rush in small cafetarias.local management talk more about innovation but dont care about basic neccessities.All are puppets of senior managers(dont prefer to call them leaders)

Assistant Vice President in Singapore.

Customer Success, Service & Operations Department

5.0

• posted on 13 Oct 2022

5.0

for Salary and Benefits

Likes

-Nice Bank Culture -Great work life balance -Wide learning (self effort) -Market wise good salary and benefits are probably best in the industry.

Salary - Excellent

+4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

Skill development - Poor

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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 Project Manager Salary FAQs

What is the salary of Project Manager at Bank of America in Mumbai?

The average salary of a Project Manager at Bank of America in Mumbai typically ranges from ₹10.4 Lakhs to ₹23.0 Lakhs per year, depending on experience (from 5 years to 17 years).

The top 10% of Project Manager in Mumbai at Bank of America earn more than ₹20.3 Lakhs per year, and the top 1% earn over ₹23.0 Lakhs per year. Project Manager 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 Project Manager at Bank of America in Mumbai?

The estimated take-home salary of a Project Manager at Bank of America in Mumbai typically ranges from ₹1,33,738 to ₹1,38,648 per month. This is based on the average salary range of ₹10.4 Lakhs to ₹23.0 Lakhs per year for employees with experience ranging from 5 years to 17 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.

Which companies offer higher salaries than Bank of America for Project Manager in India?

Deutsche Bank	₹20.0 Lakhs to ₹36.0 Lakhs per year
IndusInd Bank	₹9.4 Lakhs to ₹31.5 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

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

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

IDBI Bank	₹15.0 Lakhs to ₹24.5 Lakhs per year
State Bank of India	₹7.5 Lakhs to ₹27.0 Lakhs per year
IDFC FIRST Bank	₹7.0 Lakhs to ₹25.7 Lakhs per year
ICICI Bank	₹12.6 Lakhs to ₹22.8 Lakhs per year
Yes Bank	₹5.7 Lakhs to ₹22.0 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 Project Manager at Bank of America in Mumbai?

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

Experience	Average Salary Range
5 years	₹15.8 Lakhs to ₹20.2 Lakhs per year
6 years	₹16.2 Lakhs to ₹20.7 Lakhs per year
7 years	₹16.6 Lakhs to ₹21.3 Lakhs per year
8 years	₹17.1 Lakhs to ₹21.8 Lakhs per year

and so on.

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Bank of America Project Manager Salaries in Mumbai

Bank of America Project Manager salary in Mumbai ranges between ₹10.4 Lakhs to ₹23 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Bank of America latest salaries received from various employees of Bank of America.