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Bank of America Senior Associate salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
2 - 6 years exp.
₹1.8 Lakh - ₹6 Lakhs
Salary of majority employees
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56% less than the average Senior Associate Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Customer Success, Service & Operations
Senior Associate Salary
2 - 6 years exp. (10 salaries)
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₹2.5 L/yr - ₹5 L/yr

BFSI, Investments & Trading
Senior Associate Salary
2 - 6 years exp. (4 salaries)
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₹3.5 L/yr - ₹6 L/yr

Finance & Accounting
Senior Associate Salary
3 years exp. (AmbitionBox Estimate)
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₹3.5 L/yr - ₹5 L/yr

IT & Information Security
Senior Associate Salary
4 - 5 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

Procurement & Supply Chain
Senior Associate Salary
4 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.6 L/yr

Last Updated: 10 Feb 2025

Companies similar to Bank of America for Senior Associate in Hyderabad / Secunderabad

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Bank of America Senior Associate Salary

2 - 6 years exp. (28 salaries)

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₹1.8 L/yr - ₹6 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Senior Associate Salary

0 - 7 years exp. (90 salaries)

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₹2 L/yr - ₹3.6 L/yr

arrow icon 39% less
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State Street Bank Senior Associate Salary

2 - 10 years exp. (65 salaries)

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₹3 L/yr - ₹9.5 L/yr

arrow icon 43% more
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DBS Technology Services Senior Associate Salary

8 - 13 years exp. (35 salaries)

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₹20 L/yr - ₹36 L/yr

arrow icon 530% more
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₹3 L/yr - ₹8.5 L/yr

arrow icon 61% more
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₹3.5 L/yr - ₹9.1 L/yr

arrow icon 93% more
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HSBC Bank Senior Associate Salary

2 - 9 years exp. (11 salaries)

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₹3.4 L/yr - ₹6.3 L/yr

arrow icon 16% more
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IDFC FIRST Bank Senior Associate Salary

2 - 6 years exp. (8 salaries)

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₹2.6 L/yr - ₹4.5 L/yr

arrow icon 15% less
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State Bank of India Senior Associate Salary

12 - 15 years exp. (3 salaries)

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₹6 L/yr - ₹11 L/yr

arrow icon 131% more
Senior Associate salary at Bank of America ranges between ₹1.8 Lakh to ₹6 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 28 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Senior Associate in Hyderabad / Secunderabad

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Experience wise Bank of America Senior Associate salaries in Hyderabad / Secunderabad

Last Updated: 10 Feb 2025

Experience Avg Annual Salary
2 years  (5 salaries)

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₹3.5 L/yr - ₹5 L/yr
3 years  (8 salaries)

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₹1.8 L/yr - ₹6 L/yr
4 years  (5 salaries)

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₹2 L/yr - ₹5 L/yr
5 years  (4 salaries)

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₹2.5 L/yr - ₹4.7 L/yr
6 years  (6 salaries)

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₹2.5 L/yr - ₹6 L/yr
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

2 - 12 years exp.
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arrow icon 57% hike

Team Lead

0 - 16 years exp.
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arrow icon 49% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bank of America

Team Lead Salary
(547 salaries)
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₹5.37 L/yr - ₹16 L/yr
Software Engineer Salary
(144 salaries)
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₹6.38 L/yr - ₹23.92 L/yr
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₹2.75 L/yr - ₹16.8 L/yr
Technical Lead Salary
(9 salaries)
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₹22 L/yr - ₹30.18 L/yr
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₹9 L/yr - ₹30.2 L/yr
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₹8 L/yr - ₹18.5 L/yr
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₹5 L/yr - ₹14.35 L/yr
Lead Engineer Salary
(3 salaries)
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₹23 L/yr - ₹34.6 L/yr

Salary related reviews for Bank of America

3.0

Rated by 9 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

read more

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

read more
  • 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.

read more

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.

read more

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 in Hyderabad / Secunderabad?
The average salary of a Senior Associate at Bank of America in Hyderabad / Secunderabad typically ranges from ₹1.8 Lakhs to ₹6.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Senior Associate in Hyderabad / Secunderabad at Bank of America earn more than ₹5.0 Lakhs per year, and the top 1% earn over ₹6.0 Lakhs per year. Senior Associate 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 20+ Bank of America employees in India.
What is the estimated take home salary of a Senior Associate at Bank of America in Hyderabad / Secunderabad?
The estimated take-home salary of a Senior Associate at Bank of America in Hyderabad / Secunderabad typically ranges from ₹32,857 to ₹34,129 per month. This is based on the average salary range of ₹1.8 Lakhs to ₹6.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 20+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of America for Senior Associate in India?
DBS Technology Services ₹20.0 Lakhs to ₹36.0 Lakhs per year
State Bank of India ₹6.0 Lakhs to ₹11.0 Lakhs per year
HSBC Global Banking and Markets ₹3.5 Lakhs to ₹9.1 Lakhs per year
HSBC Electronic Data Processing ₹3.0 Lakhs to ₹8.5 Lakhs per year
State Street Bank ₹3.0 Lakhs to ₹9.5 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 Senior Associate in companies similar to Bank of America in Hyderabad / Secunderabad?
The salary of a Senior Associate at companies similar to Bank of America in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HSBC Bank ₹3.4 Lakhs to ₹6.3 Lakhs per year
IDFC FIRST Bank ₹2.6 Lakhs to ₹4.5 Lakhs per year
ICICI Bank ₹2.0 Lakhs to ₹3.6 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 Senior Associate at Bank of America in Hyderabad / Secunderabad?
The salary growth for a Senior Associate at Bank of America in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Senior Associate in Hyderabad / Secunderabad can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
2 years ₹3.5 Lakhs to ₹5.0 Lakhs per year
3 years ₹1.8 Lakhs to ₹6.0 Lakhs per year
4 years ₹2.0 Lakhs to ₹5.0 Lakhs per year
5 years ₹2.5 Lakhs to ₹4.7 Lakhs per year
and so on.

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Bank of America Senior Associate salary in Hyderabad / Secunderabad ranges between ₹1.8 Lakh to ₹6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 28 Bank of America latest salaries received from various employees of Bank of America.