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Bank of America Senior Associate salaries in India

Annual salary range
2 - 7 years exp.
₹1.8 Lakh - ₹9.5 Lakhs
Salary of majority employees
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51% less than the average Senior Associate Salary in Banking Companies for 2 - 7 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Associate Salary
2 - 7 years exp. (26 salaries)
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₹2.5 L/yr - ₹7.5 L/yr

BFSI, Investments & Trading
Senior Associate Salary
2 - 7 years exp. (22 salaries)
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₹2.4 L/yr - ₹7.4 L/yr

Finance & Accounting
Senior Associate Salary
2 - 6 years exp. (21 salaries)
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₹2.5 L/yr - ₹5.8 L/yr

Risk Management & Compliance
Senior Associate Salary
2 - 4 years exp. (7 salaries)
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₹4 L/yr - ₹4.7 L/yr

IT & Information Security
Senior Associate Salary
4 - 5 years exp. (3 salaries)
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₹3.3 L/yr - ₹4.6 L/yr

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Last Updated: 28 Jan 2025

Companies similar to Bank of America for Senior Associate

Company name Avg Annual Salary Open Jobs
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Citibank Senior Associate Salary

4 - 9 years exp. (98 salaries)

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₹3.8 L/yr - ₹10 L/yr

arrow icon 97% more
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JPMorgan Chase & Co. Senior Associate Salary

4 - 18 years exp. (2.3k salaries)

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₹13.1 L/yr - ₹52 L/yr

arrow icon 577% more
13 job openings
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HSBC Group Senior Associate Salary

1 - 8 years exp. (392 salaries)

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₹4.5 L/yr - ₹19.5 L/yr

arrow icon 140% more
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Goldman Sachs Senior Associate Salary

4 - 9 years exp. (285 salaries)

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₹7.8 L/yr - ₹27.8 L/yr

arrow icon 289% more
1 job opening
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Morgan Stanley Senior Associate Salary

1 - 9 years exp. (1.5k salaries)

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₹7.1 L/yr - ₹26 L/yr

arrow icon 251% more
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Barclays Senior Associate Salary

1 - 11 years exp. (79 salaries)

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₹3.5 L/yr - ₹10.2 L/yr

arrow icon 82% more
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Deutsche Bank Senior Associate Salary

3 - 11 years exp. (172 salaries)

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₹6.5 L/yr - ₹27 L/yr

arrow icon 235% more
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Standard Chartered Senior Associate Salary

3 - 7 years exp. (117 salaries)

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₹2.1 L/yr - ₹7.4 L/yr

arrow icon 13% more
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UBS Senior Associate Salary

4 - 10 years exp. (64 salaries)

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₹7 L/yr - ₹26.2 L/yr

arrow icon 226% more
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ICICI Bank Senior Associate Salary

0 - 7 years exp. (540 salaries)

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₹1.3 L/yr - ₹4 L/yr

arrow icon 44% less
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Senior Associate salary at Bank of America ranges between ₹1.8 Lakh to ₹9.5 Lakhs per year for employees with experience between 2 years to 7 years. Salary estimates are based on 114 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Senior Associate

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Experience wise Bank of America Senior Associate salaries

Last Updated: 28 Jan 2025

Experience Avg Annual Salary
2 years  (17 salaries)

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₹3.2 L/yr - ₹7 L/yr
3 years  (34 salaries)

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₹1.8 L/yr - ₹9.5 L/yr
4 years  (33 salaries)

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₹2 L/yr - ₹7.5 L/yr
5 years  (13 salaries)

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₹2.5 L/yr - ₹7.1 L/yr
6 years  (14 salaries)

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₹2.5 L/yr - ₹7.4 L/yr
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Bank of America Senior Associate Salary and Career Growth

From

To

Senior Associate

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2 - 7 years exp.

Vice President

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14 - 25 years exp.

Senior Associate 2 - 7 years exp.
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Team Developer 3 - 12 years exp.
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arrow icon 56% hike
Team Lead 0 - 16 years exp.
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arrow icon 49% hike

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(9 salaries)
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₹18.5 L/yr - ₹34.6 L/yr
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(2.2k salaries)
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(10 salaries)
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₹6 L/yr - ₹17 L/yr
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(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
Technical Lead Salary
(66 salaries)
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₹11.82 L/yr - ₹40 L/yr
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₹6.96 L/yr - ₹20 L/yr
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₹6.6 L/yr - ₹27 L/yr

Salary related reviews for Bank of America

3.5

Rated by 34 employees for salary & benefits

BFSI, Investments & Trading Department

4.0
  •  posted on 12 Oct 2017

3.0
 for  Salary and Benefits

Likes

Mentioned abpve

  • Skill development - Good
    +3 more

Dislikes

1. Teammates - Colleagues are good. 2. Learning - Company is very good for self development as it provides various trainings on monthly basis. You can enroll yourself with consent of your leaders. 3. Job Security - Highly satisfied but at the same time no personal growth if you get stuck in comfort zone. Salary - Compensation is very less especially for freshers, Also, yearly increment is very less. I would suggest not to join if salary is primary factor other than work life balance and brand name. Politics - You will get it in every company/place. Some processes are highly corrupted. However, some are genuinely good to showcase your skills and get appreciated on your initiatives and skills. Work Environment - Very matured, Work Life Balance - is too good. Very good for females who want to spend years in this company without expecting much. Very flexible

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Full Time

 · 

Engineering - Software & QA Department

4.0
  •  posted on 15 Sep 2023

5.0
 for  Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

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  • Salary - Excellent
    +1 more

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

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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

read more
  • Salary - Good
    +5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

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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.

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  • 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.

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Engineering - Software & QA Department

3.0
  •  posted on 29 Jan 2022

1.0
 for  Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

read more
  • Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

read more
  • Salary - Bad
    +4 more
see more salary related reviews

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Bank of America Senior Associate Salary FAQs

What is the salary of Senior Associate at Bank of America?
Senior Associate salary at Bank of America in India ranges between ₹1.8 Lakhs to ₹9.5 Lakhs for experience between 2 years to 7 years. According to our estimates it is 51% less than the average Senior Associate Salary in India. Salary estimates are based on 114 latest salaries received from various employees of Bank of America India.
How does the salary of a Senior Associate at Bank of America India compare with the average salary range for this job?
The average salary of a Senior Associate at Bank of America is 51% less than the average salary of a Senior Associate in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bank of America to a Senior Associate in India?
  • JPMorgan Chase & Co. Senior Associate Salary - ₹13.1 Lakhs to ₹52.0 Lakhs per year
  • Goldman Sachs Senior Associate Salary - ₹7.8 Lakhs to ₹27.8 Lakhs per year
  • Ujjivan Small Finance Bank Senior Associate Salary - ₹2.5 Lakhs to ₹37.0 Lakhs per year
  • Morgan Stanley Senior Associate Salary - ₹7.1 Lakhs to ₹26.0 Lakhs per year
  • Deutsche Bank Senior Associate Salary - ₹6.5 Lakhs to ₹27.0 Lakhs per year
What is the salary of a Senior Associate in companies similar to Bank of America in India?
  • UBS Senior Associate Salary - ₹7.0 Lakhs to ₹26.2 Lakhs per year
  • Wells Fargo Senior Associate Salary - ₹6.3 Lakhs to ₹20.9 Lakhs per year
  • ANZ Banking Group Senior Associate Salary - ₹5.4 Lakhs to ₹19.5 Lakhs per year
  • NatWest Group Senior Associate Salary - ₹5.0 Lakhs to ₹22.0 Lakhs per year
  • HSBC Group Senior Associate Salary - ₹4.5 Lakhs to ₹19.5 Lakhs per year
What is the estimated take home salary of a Senior Associate at Bank of America in India?
The estimated take-home salary of a Senior Associate at Bank of America ranges between ₹34,264 per month to ₹35,515 per month in India. The take-home salary calculation is based on the average Bank of America Senior Associate salary in India which ranges between ₹1.8 Lakhs to ₹9.5 Lakhs per year for employees with experience between 2 years to 7 years. Check how did we calculate take home salary?
What is the notice period for Senior Associate at Bank of America?
According to AmbitionBox, 55% of the Bank of America Senior Associates reported a notice period of 2 Months, 27% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 65 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of America Senior Associate salary in India ranges between ₹1.8 Lakh to ₹9.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 114 Bank of America latest salaries received from various employees of Bank of America.