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Bank of America Senior Associate salaries in Mumbai

Annual salary range
3 - 7 years exp.
₹4.5 Lakhs - ₹5.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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55% less than the average Senior Associate Salary in Banking Companies for 3 - 7 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Associate Salary
3 - 7 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.2 L/yr

Customer Success, Service & Operations
Senior Associate Salary
4 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹4.7 L/yr

Last Updated: 5 Feb 2025

Companies similar to Bank of America for Senior Associate in Mumbai

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Bank of America Senior Associate Salary

3 - 7 years exp. (3 salaries)

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₹4.5 L/yr - ₹5.2 L/yr

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Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Senior Associate Salary

4 - 18 years exp. (566 salaries)

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₹15 L/yr - ₹48 L/yr

arrow icon 584% more
10 job openings
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HSBC Group Senior Associate Salary

1 - 7 years exp. (12 salaries)

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₹5.2 L/yr - ₹13.8 L/yr

arrow icon 153% more
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Goldman Sachs Senior Associate Salary

6 - 8 years exp. (3 salaries)

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₹12.2 L/yr - ₹25.5 L/yr

arrow icon 313% more
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Morgan Stanley Senior Associate Salary

1 - 9 years exp. (777 salaries)

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₹6.2 L/yr - ₹22 L/yr

arrow icon 196% more
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Barclays Senior Associate Salary

3 - 7 years exp. (3 salaries)

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₹3.5 L/yr - ₹8.5 L/yr

arrow icon 72% more
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Deutsche Bank Senior Associate Salary

4 - 11 years exp. (29 salaries)

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₹7.2 L/yr - ₹27 L/yr

arrow icon 248% more
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Standard Chartered Senior Associate Salary

4 - 6 years exp. (4 salaries)

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₹5 L/yr - ₹7 L/yr

arrow icon 16% more
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UBS Senior Associate Salary

4 - 9 years exp. (20 salaries)

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₹7.3 L/yr - ₹27 L/yr

arrow icon 231% more
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ICICI Bank Senior Associate Salary

0 - 9 years exp. (125 salaries)

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₹1.5 L/yr - ₹4 L/yr

arrow icon 43% less
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IDFC FIRST Bank Senior Associate Salary

2 - 8 years exp. (37 salaries)

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₹2 L/yr - ₹6.3 L/yr

arrow icon 11% less
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HSBC Bank Senior Associate Salary

3 - 8 years exp. (15 salaries)

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₹2.1 L/yr - ₹9.2 L/yr

arrow icon 30% more
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HDFC Bank Senior Associate Salary

2 - 8 years exp. (9 salaries)

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₹2.2 L/yr - ₹10.7 L/yr

arrow icon 29% more
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Yes Bank Senior Associate Salary

3 - 9 years exp. (8 salaries)

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₹2.7 L/yr - ₹7 L/yr

arrow icon 10% less
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IndusInd Bank Senior Associate Salary

2 - 8 years exp. (5 salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 64% more
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NatWest Group Senior Associate Salary

5 - 10 years exp. (5 salaries)

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₹5.9 L/yr - ₹18.8 L/yr

arrow icon 173% more
Senior Associate salary at Bank of America ranges between ₹4.5 Lakhs to ₹5.2 Lakhs per year for employees with experience between 3 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Senior Associate in Mumbai

2w ago
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4 years exp.
3mo ago
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3 years exp.
4mo ago
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7 years exp.

Experience wise Bank of America Senior Associate salaries in Mumbai

Last Updated: 5 Feb 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.4 L/yr
4 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹8.3 L/yr
5 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.3 L/yr
6 years (AmbitionBox Estimate)

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₹4.1 L/yr - ₹5.2 L/yr
7 years (AmbitionBox Estimate)

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₹1.8 L/yr - ₹5.2 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 3 - 12 years exp.
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arrow icon 58% hike
Team Lead 0 - 16 years exp.
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arrow icon 48% hike

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Similar Designation salaries in Bank of America

Software Engineer Salary
(210 salaries)
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₹6.75 L/yr - ₹28.3 L/yr
Team Lead Salary
(189 salaries)
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₹5.5 L/yr - ₹15 L/yr
Technical Lead Salary
(8 salaries)
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₹23.1 L/yr - ₹39 L/yr
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₹8.35 L/yr - ₹20 L/yr
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₹2.2 L/yr - ₹15.99 L/yr
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₹18.15 L/yr - ₹30 L/yr

Salary related reviews for Bank of America

4.1

Rated by 6 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

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.

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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.

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  • 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 notice period for Senior Associate at Bank of America in Mumbai?
According to AmbitionBox, 75% of the Bank of America Senior Associates in Mumbai reported a notice period of 1 Month, 25% reported a notice period of 2 Months.This is based on 8 responses on AmbitionBox in last 2 years.

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Bank of America Senior Associate salary in Mumbai ranges between ₹4.5 Lakhs to ₹5.2 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Bank of America latest salaries received from various employees of Bank of America.