Bank of America SDE Salaries by 5 Employees

0 - 8 years exp.

₹8.5 Lakhs - ₹21 Lakhs

Low Confidence

Salary of majority employees

31% less than the average SDE Salary in Banking Companies for 0 - 8 years of experience

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Last Updated: 8 Mar 2024

Companies similar to Bank of America for SDE

Company name	Avg Annual Salary	Open Jobs
Barclays SDE Salary 0 - 1 year exp. (7 salaries)	₹10 L/yr - ₹13 L/yr 16% less
Standard Chartered SDE Salary 0 - 4 years exp. (6 salaries)	₹6 L/yr - ₹12.5 L/yr 43% less
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NatWest Group SDE Salary 0 - 1 year exp. (4 salaries)	₹10 L/yr - ₹17.7 L/yr 3% less
ICICI Bank SDE Salary Fresher (3 salaries)	₹11.4 L/yr - ₹16 L/yr 5% less
ANZ Banking Group SDE Salary 1 - 2 years exp. (3 salaries)	₹8 L/yr - ₹12 L/yr 25% less

SDE salary at Bank of America ranges between ₹8.5 Lakhs to ₹21 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America SDE salaries

Last Updated: 8 Mar 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹8.5 L/yr - ₹9 L/yr
1 year (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
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2 years (AmbitionBox Estimate)	₹10 L/yr - ₹12.8 L/yr
3 years (AmbitionBox Estimate)	₹11.2 L/yr - ₹14.3 L/yr
4 years (AmbitionBox Estimate)	₹13 L/yr - ₹24.8 L/yr
5 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
6 years (AmbitionBox Estimate)	₹14.8 L/yr - ₹19 L/yr
7 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹32.1 L/yr
8 years (AmbitionBox Estimate)	₹7.7 L/yr - ₹21 L/yr

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Salary related reviews for Bank of America

5.0

Rated by 1 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 Outdated process etc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

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

Team Developer in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 28 Sep 2023

3.0

for Salary and Benefits

Likes

I like the facilities they give to make a good environment and maintain employees trust for the bank, Nice peers who can guide you for different things also apart from work.

Job security - Excellent

+3 more

Dislikes

...s bonus per year. No festive gifts are provided. In short less budget they have. If someone leave the bank will be the Salary and bonus reason.

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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 SDE Salary FAQs

What is the salary of SDE at Bank of America ?

The average salary of a SDE at Bank of America in India typically ranges from ₹8.5 Lakhs to ₹21.0 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of SDE at Bank of America earn more than ₹21.0 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. SDE 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 SDE at Bank of America in India?

The estimated take-home salary of a SDE at Bank of America in India typically ranges from ₹96,574 to ₹99,185 per month. This is based on the average salary range of ₹8.5 Lakhs to ₹21.0 Lakhs per year for employees with experience ranging from Fresher to 8 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.

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

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

NatWest Group	₹10.0 Lakhs to ₹17.7 Lakhs per year
ICICI Bank	₹11.4 Lakhs to ₹16.0 Lakhs per year
Barclays	₹10.0 Lakhs to ₹13.0 Lakhs per year
ANZ Banking Group	₹8.0 Lakhs to ₹12.0 Lakhs per year
Standard Chartered	₹6.0 Lakhs to ₹12.5 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 SDE at Bank of America in India?

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

Experience	Average Salary Range
Fresher	₹8.5 Lakhs to ₹9.0 Lakhs per year
1 year	₹8.8 Lakhs to ₹11.2 Lakhs per year
2 years	₹10.0 Lakhs to ₹12.8 Lakhs per year
3 years	₹11.2 Lakhs to ₹14.3 Lakhs per year

and so on.

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Bank of America SDE Salaries

Bank of America SDE salary in India ranges between ₹8.5 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.