Bank of America Chennai Release Manager Salaries by 10+ Employees (Updated 2025)

6 - 12 years exp.

₹10.1 Lakhs - ₹25 Lakhs

Salary of majority employees

5% more than the average Release Manager Salary in Banking Companies for 6 - 12 years of experience

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Salaries in different departments

Project & Program Management Release Manager Salary 7 - 12 years exp. (7 salaries)	₹10.6 L/yr - ₹25 L/yr
Human Resources Release Manager Salary 7 - 9 years exp. (3 salaries)	₹13.5 L/yr - ₹19.5 L/yr
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Engineering - Software & QA Release Manager Salary 6 years exp. (AmbitionBox Estimate)	₹10.3 L/yr - ₹20.2 L/yr

Last Updated: 9 Feb 2025

Companies similar to Bank of America for Release Manager in Chennai

Bank of America Release Manager Salary

6 - 12 years exp. (13 salaries)

₹10.1 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Release Manager Salary 10 - 14 years exp. (10 salaries)	₹18 L/yr - ₹28.5 L/yr 53% more
NatWest Group Release Manager Salary 12 - 17 years exp. (3 salaries)	₹28 L/yr - ₹50 L/yr 117% more
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Cognizant Release Manager Salary 3 - 16 years exp. (24 salaries)	₹6 L/yr - ₹20 L/yr 11% less
TCS Release Manager Salary 3 - 14 years exp. (22 salaries)	₹4.3 L/yr - ₹17 L/yr 37% less
Wipro Release Manager Salary 4 - 15 years exp. (16 salaries)	₹6.8 L/yr - ₹19 L/yr 20% less	2 job openings

Release Manager salary at Bank of America ranges between ₹10.1 Lakhs to ₹25 Lakhs per year for employees with experience between 6 years to 12 years. Salary estimates are based on 13 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Release Manager salaries in Chennai

Last Updated: 9 Feb 2025

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
7 years (4 salaries)	₹10.1 L/yr - ₹25.3 L/yr
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8 years (3 salaries)	₹13 L/yr - ₹17.3 L/yr
9 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.6 L/yr
10 years (AmbitionBox Estimate)	₹15.5 L/yr - ₹19.8 L/yr
11 years (AmbitionBox Estimate)	₹16.4 L/yr - ₹20.9 L/yr
12 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr

View all

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Salary related reviews for Bank of America

4.7

Rated by 2 employees for salary & benefits

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)

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.

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

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 Release Manager Salary FAQs

What is the salary of Release Manager at Bank of America in Chennai?

The average salary of a Release Manager at Bank of America in Chennai typically ranges from ₹10.1 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 6 years to 12 years).

The top 10% of Release Manager in Chennai at Bank of America earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Release 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 Release Manager at Bank of America in Chennai?

The estimated take-home salary of a Release Manager at Bank of America in Chennai typically ranges from ₹1,07,153 to ₹1,10,106 per month. This is based on the average salary range of ₹10.1 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 6 years to 12 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 Release Manager in India?

NatWest Group	₹28.0 Lakhs to ₹50.0 Lakhs per year
Standard Chartered	₹18.0 Lakhs to ₹28.5 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 Release Manager in companies similar to Bank of America in Chennai?

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

Cognizant	₹6.0 Lakhs to ₹20.0 Lakhs per year
Wipro	₹6.8 Lakhs to ₹19.0 Lakhs per year
TCS	₹4.3 Lakhs to ₹17.0 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 Release Manager at Bank of America in Chennai?

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

Experience	Average Salary Range
6 years	₹11.7 Lakhs to ₹15.0 Lakhs per year
7 years	₹10.1 Lakhs to ₹25.3 Lakhs per year
8 years	₹13.0 Lakhs to ₹17.3 Lakhs per year
9 years	₹14.5 Lakhs to ₹18.6 Lakhs per year

and so on.

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Bank of America Release Manager Salaries in Chennai

Bank of America Release Manager salary in Chennai ranges between ₹10.1 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 13 Bank of America latest salaries received from various employees of Bank of America.