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Bank of America Scrum Master salaries in India (Updated 2025)

Annual salary range
6 - 17 years exp.
₹9.6 Lakhs - ₹40.4 Lakhs
Salary of majority employees
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33% more than the average Scrum Master Salary in Banking Companies for 6 - 17 years of experience

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Salaries in different departments

Project & Program Management
Scrum Master Salary
6 - 15 years exp. (29 salaries)
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₹11.9 L/yr - ₹42 L/yr

Engineering - Software & QA
Scrum Master Salary
8 - 17 years exp. (13 salaries)
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₹14 L/yr - ₹37.7 L/yr

IT & Information Security
Scrum Master Salary
6 - 13 years exp. (4 salaries)
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₹14.2 L/yr - ₹23.1 L/yr

Data Science & Analytics
Scrum Master Salary
9 - 15 years exp. (3 salaries)
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₹23.7 L/yr - ₹38.3 L/yr

Last Updated: 9 Mar 2025

Companies similar to Bank of America for Scrum Master

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Scrum Master Salary

8 - 15 years exp. (108 salaries)

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₹13.7 L/yr - ₹37 L/yr

arrow icon 15% more
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Wells Fargo Scrum Master Salary

3 - 15 years exp. (193 salaries)

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₹5 L/yr - ₹29.7 L/yr

arrow icon 25% less
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Goldman Sachs Scrum Master Salary

7 - 10 years exp. (9 salaries)

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₹12.5 L/yr - ₹35 L/yr

arrow icon 6% more
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Morgan Stanley Scrum Master Salary

8 - 14 years exp. (10 salaries)

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₹15 L/yr - ₹42 L/yr

arrow icon 14% more
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HSBC Group Scrum Master Salary

5 - 16 years exp. (44 salaries)

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₹6.5 L/yr - ₹25 L/yr

arrow icon 33% less
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UBS Scrum Master Salary

6 - 16 years exp. (14 salaries)

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₹15.5 L/yr - ₹34 L/yr

arrow icon 4% more
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Standard Chartered Scrum Master Salary

10 - 19 years exp. (89 salaries)

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₹10 L/yr - ₹37.9 L/yr

arrow icon 6% more
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Barclays Scrum Master Salary

6 - 18 years exp. (43 salaries)

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₹12 L/yr - ₹30 L/yr

arrow icon 6% less
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NatWest Group Scrum Master Salary

10 - 17 years exp. (30 salaries)

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₹10 L/yr - ₹40.2 L/yr

arrow icon 2% more
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Deutsche Bank Scrum Master Salary

9 - 13 years exp. (24 salaries)

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₹15.8 L/yr - ₹33 L/yr

arrow icon 12% more
2 job openings
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ICICI Bank Scrum Master Salary

4 - 14 years exp. (13 salaries)

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₹4.4 L/yr - ₹12 L/yr

arrow icon 66% less
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HDFC Bank Scrum Master Salary

5 - 14 years exp. (9 salaries)

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₹7.5 L/yr - ₹22 L/yr

arrow icon 31% less
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ANZ Banking Group Scrum Master Salary

7 - 16 years exp. (7 salaries)

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₹9.1 L/yr - ₹36.7 L/yr

arrow icon 6% more
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RBL Bank Scrum Master Salary

5 - 8 years exp. (4 salaries)

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₹8.5 L/yr - ₹23 L/yr

arrow icon 45% less
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IDFC FIRST Bank Scrum Master Salary

2 - 6 years exp. (4 salaries)

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₹12 L/yr - ₹24.5 L/yr

arrow icon 27% less
Scrum Master salary at Bank of America ranges between ₹9.6 Lakhs to ₹40.4 Lakhs per year for employees with experience between 6 years to 17 years. Salary estimates are based on 66 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Scrum Master

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8 years exp.
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17 years exp.
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13 years exp.
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6 years exp.
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15 years exp.
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13 years exp.
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11 years exp.
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11 years exp.
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14 years exp.
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9 years exp.

Experience wise Bank of America Scrum Master salaries

Last Updated: 9 Mar 2025

Experience Avg Annual Salary
6 years  (4 salaries)

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₹12 L/yr - ₹34.6 L/yr
7 years  (4 salaries)

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₹9.6 L/yr - ₹35.7 L/yr
8 years  (9 salaries)

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₹14 L/yr - ₹27 L/yr
9 years  (8 salaries)

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₹14 L/yr - ₹25 L/yr
10 years  (8 salaries)

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₹15 L/yr - ₹27 L/yr
View all

Similar Designation salaries in Bank of America

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₹15 L/yr - ₹34.5 L/yr
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₹18.5 L/yr - ₹40 L/yr
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₹13 L/yr - ₹31.9 L/yr
Project Manager Salary
(55 salaries)
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₹10.4 L/yr - ₹30 L/yr
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₹17.5 L/yr - ₹47.9 L/yr
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₹16 L/yr - ₹74.8 L/yr
Technical Lead Salary
(56 salaries)
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₹11.62 L/yr - ₹40 L/yr
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₹20 L/yr - ₹42 L/yr
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₹31.2 L/yr - ₹45 L/yr
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₹32 L/yr - ₹38 L/yr

Top skills at Bank of America for Scrum Master

Scrum Risk Management Agile JIRA Business Services Project Management Change Management Asset Management CTI Web Development Application Development Agile Methodology Automation Monitoring Web Services

Salary related reviews for Bank of America

3.8

Rated by 8 employees for salary & benefits

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

 · 

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)

read more

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.

read more
  • Salary - Excellent
  • +4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

  • Skill development - Poor

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 .

read more
  • Skill development - Bad
  • +5 more

Full Time

 · 

Other Department

5.0
  •  posted on 13 Feb 2025

5.0
 for  Salary and Benefits

Likes

... 8 lacks. Insurance for parents/aws. Sodexo food card with 1300 monthly balance. Yearly bonus. Cab facility if you are not availing it can be get transport allowance upto 1800 monthly.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

see more salary related reviews

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Bank of America Scrum Master Salary FAQs

What is the salary of Scrum Master at Bank of America ?
The average salary of a Scrum Master at Bank of America in India typically ranges from ₹9.6 Lakhs to ₹40.4 Lakhs per year, depending on experience (from 6 years to 17 years).

The top 10% of Scrum Master at Bank of America earn more than ₹30.9 Lakhs per year, and the top 1% earn over ₹41.7 Lakhs per year. Scrum Master 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 60+ Bank of America employees in India.
What is the estimated take home salary of a Scrum Master at Bank of America in India?
The estimated take-home salary of a Scrum Master at Bank of America in India typically ranges from ₹1,46,814 to ₹1,52,315 per month. This is based on the average salary range of ₹9.6 Lakhs to ₹40.4 Lakhs per year for employees with experience ranging from 6 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 60+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Scrum Master at Bank of America ?
To be a Scrum Master at Bank of America in india, the key skills required include:

  • - Scrum
  • - Risk Management
  • - Agile
  • - JIRA
  • - Business Services

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bank of America for Scrum Master in India?
JPMorgan Chase & Co. ₹13.7 Lakhs to ₹37.0 Lakhs per year
Morgan Stanley ₹15.0 Lakhs to ₹42.0 Lakhs per year
Deutsche Bank ₹15.8 Lakhs to ₹33.0 Lakhs per year
Standard Chartered ₹10.0 Lakhs to ₹37.9 Lakhs per year
ANZ Banking Group ₹9.1 Lakhs to ₹36.7 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 Scrum Master in companies similar to Bank of America in India?
The salary of a Scrum Master at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Goldman Sachs ₹12.5 Lakhs to ₹35.0 Lakhs per year
UBS ₹15.5 Lakhs to ₹34.0 Lakhs per year
NatWest Group ₹10.0 Lakhs to ₹40.2 Lakhs per year
Barclays ₹12.0 Lakhs to ₹30.0 Lakhs per year
Wells Fargo ₹5.0 Lakhs to ₹29.7 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 Scrum Master at Bank of America in India?
The salary growth for a Scrum Master at Bank of America depends on factors such as experience, performance, and promotions. On average, a Scrum Master can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
6 years ₹12.0 Lakhs to ₹34.6 Lakhs per year
7 years ₹9.6 Lakhs to ₹35.7 Lakhs per year
8 years ₹14.0 Lakhs to ₹27.0 Lakhs per year
9 years ₹14.0 Lakhs to ₹25.0 Lakhs per year
and so on.

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Bank of America Scrum Master salary in India ranges between ₹9.6 Lakhs to ₹40.4 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 66 Bank of America latest salaries received from various employees of Bank of America.