Bank of America Chennai Scrum Master Salaries by 30+ Employees (Updated 2025)

6 - 15 years exp.

₹12 Lakhs - ₹27 Lakhs

Salary of majority employees

36% more than the average Scrum Master Salary in Banking Companies for 6 - 15 years of experience

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Salaries in different departments

Project & Program Management Scrum Master Salary 6 - 15 years exp. (13 salaries)	₹12 L/yr - ₹27 L/yr
Engineering - Software & QA Scrum Master Salary 8 - 15 years exp. (4 salaries)	₹14 L/yr - ₹25 L/yr
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IT & Information Security Scrum Master Salary 6 - 13 years exp. (4 salaries)	₹14.2 L/yr - ₹22 L/yr
Data Science & Analytics Scrum Master Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹23.7 L/yr - ₹25.8 L/yr

Last Updated: 11 Jan 2025

Companies similar to Bank of America for Scrum Master in Chennai

Bank of America Scrum Master Salary

6 - 15 years exp. (30 salaries)

₹12 L/yr - ₹27 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Scrum Master Salary 10 - 19 years exp. (52 salaries)	₹10 L/yr - ₹37.9 L/yr 9% more
NatWest Group Scrum Master Salary 10 - 17 years exp. (11 salaries)	₹12.2 L/yr - ₹33 L/yr 7% more
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Barclays Scrum Master Salary 7 - 12 years exp. (6 salaries)	₹13 L/yr - ₹21.5 L/yr 6% less
TCS Scrum Master Salary 3 - 18 years exp. (344 salaries)	₹4.9 L/yr - ₹20.3 L/yr 45% less
Cognizant Scrum Master Salary 4 - 16 years exp. (213 salaries)	₹6.5 L/yr - ₹23.5 L/yr 31% less	1 job opening

Scrum Master salary at Bank of America ranges between ₹12 Lakhs to ₹27 Lakhs per year for employees with experience between 6 years to 15 years. Salary estimates are based on 30 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Scrum Master salaries in Chennai

Last Updated: 11 Jan 2025

Experience	Avg Annual Salary
6 years (3 salaries)	₹12 L/yr - ₹32.6 L/yr
7 years (AmbitionBox Estimate)	₹16.9 L/yr - ₹21.6 L/yr
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8 years (6 salaries)	₹14 L/yr - ₹25 L/yr
9 years (5 salaries)	₹20 L/yr - ₹25 L/yr
10 years (6 salaries)	₹17.5 L/yr - ₹27 L/yr
11 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.6 L/yr
12 years (AmbitionBox Estimate)	₹19.9 L/yr - ₹25.4 L/yr
13 years (AmbitionBox Estimate)	₹20.5 L/yr - ₹26.1 L/yr
14 years (3 salaries)	₹20 L/yr - ₹23.4 L/yr
15+ years (AmbitionBox Estimate)	₹22.2 L/yr - ₹28.4 L/yr

View all

Similar Designation salaries in Bank of America

Technical Lead Salary

(16 salaries)

₹11 L/yr - ₹32 L/yr

Technical Manager Salary

(11 salaries)

₹20 L/yr - ₹35 L/yr

Project Manager Salary

(6 salaries)

₹13.4 L/yr - ₹24 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

3.4

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)

Assistant Vice President in Singapore.

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.

Salary - Excellent

+4 more

Dislikes

-Sometime management trust unworthy mid/low level managers

Skill development - Poor

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

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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 Scrum Master Salary FAQs

What is the salary of Scrum Master at Bank of America in Chennai?

The average salary of a Scrum Master at Bank of America in Chennai typically ranges from ₹12.0 Lakhs to ₹27.0 Lakhs per year, depending on experience (from 6 years to 15 years).

The top 10% of Scrum Master in Chennai at Bank of America earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹27.0 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 30+ Bank of America employees in India.

What is the estimated take home salary of a Scrum Master at Bank of America in Chennai?

The estimated take-home salary of a Scrum Master at Bank of America in Chennai typically ranges from ₹1,41,023 to ₹1,46,263 per month. This is based on the average salary range of ₹12.0 Lakhs to ₹27.0 Lakhs per year for employees with experience ranging from 6 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 30+ 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 in Chennai?

To be a Scrum Master at Bank of America in Chennai, 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?

Standard Chartered	₹10.0 Lakhs to ₹37.9 Lakhs per year
NatWest Group	₹12.2 Lakhs to ₹33.0 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 Scrum Master in companies similar to Bank of America in Chennai?

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

Barclays	₹13.0 Lakhs to ₹21.5 Lakhs per year
Cognizant	₹6.5 Lakhs to ₹23.5 Lakhs per year
TCS	₹4.9 Lakhs to ₹20.3 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 Chennai?

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

Experience	Average Salary Range
6 years	₹12.0 Lakhs to ₹32.6 Lakhs per year
7 years	₹16.9 Lakhs to ₹21.6 Lakhs per year
8 years	₹14.0 Lakhs to ₹25.0 Lakhs per year
9 years	₹20.0 Lakhs to ₹25.0 Lakhs per year

and so on.

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Bank of America Scrum Master Salaries in Chennai

Bank of America Scrum Master salary in Chennai ranges between ₹12 Lakhs to ₹27 Lakhs with an average annual salary of ₹. Salary estimates are based on 30 Bank of America latest salaries received from various employees of Bank of America.