Bank of America Resident Engineer Salaries by 4 Employees (Updated 2025)

10 - 15 years exp.

₹22.1 Lakhs - ₹28.6 Lakhs

Low Confidence

Salary of majority employees

207% more than the average Resident Engineer Salary in Banking Companies for 10 - 15 years of experience

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Last Updated: 27 Feb 2025

Companies similar to Bank of America for Resident Engineer

Company name	Avg Annual Salary	Open Jobs
Aforeserve Resident Engineer Salary 0 - 4 years exp. (100 salaries)	₹1 L/yr - ₹3 L/yr 92% less
TCS Resident Engineer Salary 1 - 7 years exp. (70 salaries)	₹1.9 L/yr - ₹5.1 L/yr 86% less
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Honeywell Automation Resident Engineer Salary 1 - 6 years exp. (67 salaries)	₹3 L/yr - ₹4.8 L/yr 84% less
The Jaypee Group Resident Engineer Salary 11 - 22 years exp. (56 salaries)	₹5.7 L/yr - ₹11.5 L/yr 67% less
VA Tech Wabag Resident Engineer Salary 8 - 16 years exp. (56 salaries)	₹6.1 L/yr - ₹13.7 L/yr 55% less

Resident Engineer salary at Bank of America ranges between ₹22.1 Lakhs to ₹28.6 Lakhs per year for employees with experience between 10 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 Resident Engineer salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹22.1 L/yr - ₹22.1 L/yr
11 years (AmbitionBox Estimate)	₹20.6 L/yr - ₹26.4 L/yr
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12 years (AmbitionBox Estimate)	₹21.7 L/yr - ₹27.7 L/yr
13 years (AmbitionBox Estimate)	₹25.1 L/yr - ₹45.4 L/yr
14 years (AmbitionBox Estimate)	₹25.1 L/yr - ₹47.5 L/yr
15+ years (AmbitionBox Estimate)	₹11 L/yr - ₹28.6 L/yr

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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

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

Lead Operations Representative in Chennai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 May 2024

3.0

for Salary and Benefits

Likes

The bank conducts so may learning sessions to enrich our knowledge. Some interesting events once a month.

Skill development - Excellent

+2 more

Dislikes

...ter 6 years. No work life balance. No compensatory off for working on a holiday. No compensation for working beyond office hours.

Promotions - Poor

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Bank of America Resident Engineer Salary FAQs

What is the salary of Resident Engineer at Bank of America ?

The average salary of a Resident Engineer at Bank of America in India typically ranges from ₹22.1 Lakhs to ₹28.6 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Resident Engineer at Bank of America earn more than ₹28.6 Lakhs per year, and the top 1% earn over ₹28.6 Lakhs per year. Resident Engineer 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 Resident Engineer at Bank of America in India?

The estimated take-home salary of a Resident Engineer at Bank of America in India typically ranges from ₹1,56,878 to ₹1,62,835 per month. This is based on the average salary range of ₹22.1 Lakhs to ₹28.6 Lakhs per year for employees with experience ranging from 10 years to 15 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.

What is the salary of a Resident Engineer in companies similar to Bank of America in India?

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

VA Tech Wabag	₹6.1 Lakhs to ₹13.7 Lakhs per year
The Jaypee Group	₹5.7 Lakhs to ₹11.5 Lakhs per year
Honeywell Automation	₹3.0 Lakhs to ₹4.8 Lakhs per year
TCS	₹1.9 Lakhs to ₹5.1 Lakhs per year
Aforeserve	₹1.0 Lakhs to ₹3.0 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 Resident Engineer at Bank of America in India?

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

Experience	Average Salary Range
10 years	₹22.1 Lakhs to ₹22.1 Lakhs per year
11 years	₹20.6 Lakhs to ₹26.4 Lakhs per year
12 years	₹21.7 Lakhs to ₹27.7 Lakhs per year
13 years	₹25.1 Lakhs to ₹45.4 Lakhs per year

and so on.

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Bank of America Resident Engineer Salaries

Bank of America Resident Engineer salary in India ranges between ₹22.1 Lakhs to ₹28.6 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.