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Bank of America Relationship Manager salaries in India

Annual salary range
1 - 9 years exp.
₹4.8 Lakhs - ₹12 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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76% more than the average Relationship Manager Salary in Banking Companies for 1 - 9 years of experience

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Last Updated: 14 Oct 2024

Companies similar to Bank of America for Relationship Manager

Company name Avg Annual Salary Open Jobs
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ICICI Bank Relationship Manager Salary

0 - 19 years exp. (13.1k salaries)

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₹2.3 L/yr - ₹11.4 L/yr

arrow icon 19% less
1 job opening
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HDFC Bank Relationship Manager Salary

0 - 15 years exp. (6.2k salaries)

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₹2 L/yr - ₹12.5 L/yr

arrow icon 21% less
66 job openings
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IndusInd Bank Relationship Manager Salary

0 - 15 years exp. (1.1k salaries)

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₹3 L/yr - ₹12.5 L/yr

arrow icon 11% less
16 job openings
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Yes Bank Relationship Manager Salary

0 - 15 years exp. (1.1k salaries)

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₹3 L/yr - ₹13.5 L/yr

arrow icon 12% less
13 job openings
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RBL Bank Relationship Manager Salary

0 - 10 years exp. (1.1k salaries)

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₹1.7 L/yr - ₹7.8 L/yr

arrow icon 48% less
8 job openings
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₹2.2 L/yr - ₹9.8 L/yr

arrow icon 34% less
6 job openings
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DCB Bank Relationship Manager Salary

0 - 10 years exp. (872 salaries)

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₹2.1 L/yr - ₹6.7 L/yr

arrow icon 53% less
3 job openings
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IDFC FIRST Bank Relationship Manager Salary

0 - 14 years exp. (654 salaries)

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₹2 L/yr - ₹11 L/yr

arrow icon 27% less
5 job openings
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₹1.9 L/yr - ₹7 L/yr

arrow icon 54% less
3 job openings
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Standard Chartered Relationship Manager Salary

1 - 12 years exp. (433 salaries)

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₹4.2 L/yr - ₹14 L/yr

arrow icon 2% more
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₹1 L/yr - ₹8.5 L/yr

arrow icon 60% less
272 job openings
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Federal Bank Relationship Manager Salary

0 - 4 years exp. (212 salaries)

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₹2 L/yr - ₹4.5 L/yr

arrow icon 65% less
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State Bank of India Relationship Manager Salary

2 - 14 years exp. (185 salaries)

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₹2.9 L/yr - ₹12.9 L/yr

arrow icon 8% less
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₹2.1 L/yr - ₹8.2 L/yr

arrow icon 43% less
2 job openings
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₹1.8 L/yr - ₹7.6 L/yr

arrow icon 48% less
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Deutsche Bank Relationship Manager Salary

2 - 9 years exp. (90 salaries)

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₹4.9 L/yr - ₹14 L/yr

arrow icon 12% less
1 job opening
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IDBI Bank Relationship Manager Salary

0 - 11 years exp. (58 salaries)

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₹7.1 L/yr - ₹23 L/yr

arrow icon 66% more
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HSBC Bank Relationship Manager Salary

3 - 8 years exp. (47 salaries)

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₹2.7 L/yr - ₹9 L/yr

arrow icon 39% less
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NatWest Group Relationship Manager Salary

0 - 8 years exp. (21 salaries)

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₹9.5 L/yr - ₹19.5 L/yr

arrow icon 55% more
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₹3 L/yr - ₹4 L/yr

arrow icon 61% less
View all
Relationship Manager salary at Bank of America ranges between ₹4.8 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 9 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Relationship Manager

2mo ago
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1 year exp.
1y ago
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9 years exp.
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5 years exp.
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1 year exp.

Experience wise Bank of America Relationship Manager salaries

Last Updated: 14 Oct 2024

Experience Avg Annual Salary
1 year  (3 salaries)

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₹2 L/yr - ₹6 L/yr
2 years (AmbitionBox Estimate)

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₹5.3 L/yr - ₹6.8 L/yr
3 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
4 years (AmbitionBox Estimate)

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₹7.2 L/yr - ₹9.3 L/yr
5 years (AmbitionBox Estimate)

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₹3.7 L/yr - ₹12 L/yr
View all

Similar Designation salaries in Bank of America

Branch Manager Salary
(AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.7 L/yr
Department Manager Salary
(AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr
Store Manager Salary
(AmbitionBox Estimate)
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₹10.6 L/yr - ₹13.6 L/yr
Deputy Manager Salary
(4 salaries)
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₹7 L/yr - ₹20.17 L/yr
Sales Manager Salary
(5 salaries)
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₹5.4 L/yr - ₹15.5 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹11.7 L/yr - ₹15 L/yr
Area Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Assistant Sales Manager Salary
(AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.4 L/yr
Sales Officer Salary
(AmbitionBox Estimate)
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₹14.9 L/yr - ₹19 L/yr
Team Lead Salary
(2.3k salaries)
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₹5.7 L/yr - ₹16 L/yr

Salary related reviews for Bank of America

4.2

Rated by 2 employees for salary & benefits

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.

read more
  • 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.

read more

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.

read more
  • 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

read more

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

read more
  • Salary - Bad
  • +3 more

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

read more
  • 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

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • 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

read more
see more salary related reviews

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Bank of America Relationship Manager Salary FAQs

What is the salary of Relationship Manager at Bank of America ?
The average salary of a Relationship Manager at Bank of America in India typically ranges from ₹4.8 Lakhs to ₹12.0 Lakhs per year, depending on experience (from 1 year to 9 years).

The top 10% of Relationship Manager at Bank of America earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.0 Lakhs per year. Relationship 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 5 Bank of America employees in India.
What is the estimated take home salary of a Relationship Manager at Bank of America in India?
The estimated take-home salary of a Relationship Manager at Bank of America in India typically ranges from ₹65,151 to ₹66,814 per month. This is based on the average salary range of ₹4.8 Lakhs to ₹12.0 Lakhs per year for employees with experience ranging from 1 year to 9 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 5 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 Relationship Manager in India?
HSBC Global Banking and Markets ₹13.3 Lakhs to ₹35.0 Lakhs per year
IDBI Bank ₹7.1 Lakhs to ₹23.0 Lakhs per year
NatWest Group ₹9.5 Lakhs to ₹19.5 Lakhs per year
Standard Chartered ₹4.2 Lakhs to ₹14.0 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 Relationship Manager in companies similar to Bank of America in India?
The salary of a Relationship Manager at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

State Bank of India ₹2.9 Lakhs to ₹12.9 Lakhs per year
IndusInd Bank ₹3.0 Lakhs to ₹12.5 Lakhs per year
Yes Bank ₹3.0 Lakhs to ₹13.5 Lakhs per year
Deutsche Bank ₹4.9 Lakhs to ₹14.0 Lakhs per year
ICICI Bank ₹2.3 Lakhs to ₹11.4 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 Relationship Manager at Bank of America in India?
The salary growth for a Relationship Manager at Bank of America depends on factors such as experience, performance, and promotions. On average, a Relationship Manager can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
1 year ₹2.0 Lakhs to ₹6.0 Lakhs per year
2 years ₹5.3 Lakhs to ₹6.8 Lakhs per year
3 years ₹6.3 Lakhs to ₹8.0 Lakhs per year
4 years ₹7.2 Lakhs to ₹9.3 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of America Relationship Manager salary in India ranges between ₹4.8 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.