Bank of America Mumbai QA Analyst Salaries by 4 Employees (Updated 2025)

3 - 8 years exp.

₹3.8 Lakhs - ₹17.4 Lakhs

Salary of majority employees

82% more than the average QA Analyst Salary in Banking Companies for 3 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading QA Analyst Salary 3 - 4 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.2 L/yr
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Engineering - Software & QA QA Analyst Salary 8 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹11 L/yr

Last Updated: 8 Mar 2025

Companies similar to Bank of America for QA Analyst in Mumbai

Bank of America QA Analyst Salary

3 - 8 years exp. (4 salaries)

₹3.8 L/yr - ₹17.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Yethi Consulting QA Analyst Salary 1 - 6 years exp. (125 salaries)	₹2.8 L/yr - ₹8.5 L/yr 54% less
TCS QA Analyst Salary 2 - 8 years exp. (72 salaries)	₹2 L/yr - ₹9.3 L/yr 44% less
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Accenture QA Analyst Salary 1 - 6 years exp. (30 salaries)	₹2.6 L/yr - ₹8 L/yr 42% less
Greeksoft Technologies QA Analyst Salary 0 - 4 years exp. (25 salaries)	₹3.2 L/yr - ₹7.5 L/yr 52% less
JPMorgan Chase & Co. QA Analyst Salary 4 - 12 years exp. (19 salaries)	₹5.8 L/yr - ₹16.1 L/yr 12% more

QA Analyst salary at Bank of America ranges between ₹3.8 Lakhs to ₹17.4 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America QA Analyst salaries in Mumbai

Last Updated: 8 Mar 2025

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹3.8 L/yr
4 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹9.2 L/yr
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5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹10.6 L/yr
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹20.3 L/yr
8 years (AmbitionBox Estimate)	₹10 L/yr - ₹24 L/yr

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Similar Designation salaries in Bank of America

Quality Analyst Salary

(19 salaries)

₹3.99 L/yr - ₹17.29 L/yr

Technical Lead Salary

(8 salaries)

₹23.1 L/yr - ₹39 L/yr

Test Lead Salary

(5 salaries)

₹15 L/yr - ₹21.85 L/yr

Senior Engineer Salary

(3 salaries)

₹2.74 L/yr - ₹17.07 L/yr

Salary related reviews for Bank of America

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Salary - Good

+5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

Senior Associate in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 12 Oct 2017

3.0

for Salary and Benefits

Likes

Mentioned abpve

Skill development - Good

+3 more

Dislikes

1. Teammates - Colleagues are good. 2. Learning - Company is very good for self development as it provides various trainings on monthly basis. You can enroll yourself with consent of your leaders. 3. Job Security - Highly satisfied but at the same time no personal growth if you get stuck in comfort zone. Salary - Compensation is very less especially for freshers, Also, yearly increment is very less. I would suggest not to join if salary is primary factor other than work life balance and brand name. Politics - You will get it in every company/place. Some processes are highly corrupted. However, some are genuinely good to showcase your skills and get appreciated on your initiatives and skills. Work Environment - Very matured, Work Life Balance - is too good. Very good for females who want to spend years in this company without expecting much. Very flexible

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

see more salary related reviews

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of America QA Analyst Salary FAQs

What is the salary of QA Analyst at Bank of America in Mumbai?

The average salary of a QA Analyst at Bank of America in Mumbai typically ranges from ₹3.8 Lakhs to ₹17.4 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of QA Analyst in Mumbai at Bank of America earn more than ₹10.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year. QA Analyst 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 4 Bank of America employees in India.

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

The estimated take-home salary of a QA Analyst at Bank of America in Mumbai typically ranges from ₹74,403 to ₹76,327 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹17.4 Lakhs per year for employees with experience ranging from 3 years to 8 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 4 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 QA Analyst in India?

JPMorgan Chase & Co.

₹5.8 Lakhs to ₹16.1 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 QA Analyst in companies similar to Bank of America in Mumbai?

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

Accenture	₹2.6 Lakhs to ₹8.0 Lakhs per year
TCS	₹2.0 Lakhs to ₹9.3 Lakhs per year
Greeksoft Technologies	₹3.2 Lakhs to ₹7.5 Lakhs per year
Yethi Consulting	₹2.8 Lakhs to ₹8.5 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 QA Analyst at Bank of America in Mumbai?

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

Experience	Average Salary Range
3 years	₹3.8 Lakhs to ₹3.8 Lakhs per year
4 years	₹3.8 Lakhs to ₹9.2 Lakhs per year
5 years	₹6.4 Lakhs to ₹8.2 Lakhs per year
6 years	₹8.3 Lakhs to ₹10.6 Lakhs per year

and so on.

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Bank of America QA Analyst Salaries in Mumbai

Bank of America QA Analyst salary in Mumbai ranges between ₹3.8 Lakhs to ₹17.4 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.