Bank of America Senior Consultant Salaries by 20+ Employees (Updated 2024)

5 - 9 years exp.

₹9.5 Lakhs - ₹38 Lakhs

Salary of majority employees

14% more than the average Senior Consultant Salary in Banking Companies for 5 - 9 years of experience

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Salaries in different departments

IT & Information Security Senior Consultant Salary 8 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹20.1 L/yr
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Engineering - Software & QA Senior Consultant Salary 9 years exp. (AmbitionBox Estimate)	₹17.8 L/yr - ₹20.6 L/yr

Last Updated: 17 May 2024

Companies similar to Bank of America for Senior Consultant

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Senior Consultant Salary 4 - 12 years exp. (119 salaries)	₹12.7 L/yr - ₹45 L/yr 21% more
Wells Fargo Senior Consultant Salary 5 - 14 years exp. (246 salaries)	₹11.8 L/yr - ₹39.5 L/yr 10% more
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Citigroup Senior Consultant Salary 4 - 12 years exp. (13 salaries)	₹13 L/yr - ₹30 L/yr 8% more
Goldman Sachs Senior Consultant Salary 3 - 11 years exp. (23 salaries)	₹11 L/yr - ₹36 L/yr 18% more
Morgan Stanley Senior Consultant Salary 4 - 10 years exp. (54 salaries)	₹9.6 L/yr - ₹30.8 L/yr 8% less
HSBC Group Senior Consultant Salary 7 - 17 years exp. (189 salaries)	₹12 L/yr - ₹40 L/yr 40% more
UBS Senior Consultant Salary 5 - 12 years exp. (18 salaries)	₹13.5 L/yr - ₹30 L/yr 3% more
Barclays Senior Consultant Salary 4 - 12 years exp. (38 salaries)	₹11 L/yr - ₹36 L/yr 10% more
Standard Chartered Senior Consultant Salary 6 - 13 years exp. (34 salaries)	₹8 L/yr - ₹31.1 L/yr 13% less
ICICI Bank Senior Consultant Salary 1 - 6 years exp. (22 salaries)	₹6.1 L/yr - ₹9.8 L/yr 63% less
NatWest Group Senior Consultant Salary 2 - 12 years exp. (20 salaries)	₹8 L/yr - ₹30.5 L/yr 18% less
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HDFC Bank Senior Consultant Salary 5 - 15 years exp. (17 salaries)	₹6.2 L/yr - ₹24.7 L/yr 27% less
Deutsche Bank Senior Consultant Salary 4 - 12 years exp. (12 salaries)	₹10.1 L/yr - ₹34.4 L/yr 1% more	1 job opening
RBL Bank Senior Consultant Salary 4 - 7 years exp. (11 salaries)	₹4.3 L/yr - ₹11 L/yr 67% less
Yes Bank Senior Consultant Salary 4 - 7 years exp. (7 salaries)	₹4.3 L/yr - ₹15.7 L/yr 52% less
IDFC FIRST Bank Senior Consultant Salary 2 - 6 years exp. (5 salaries)	₹4.5 L/yr - ₹11 L/yr 53% less
IndusInd Bank Senior Consultant Salary 8 - 15 years exp. (4 salaries)	₹5.3 L/yr - ₹28 L/yr 9% less
State Bank of India Senior Consultant Salary 8 - 14 years exp. (4 salaries)	₹19 L/yr - ₹27 L/yr 12% more
Jana Small Finance Bank Senior Consultant Salary 8 years exp. (3 salaries)	₹10 L/yr - ₹10 L/yr 53% less

Senior Consultant salary at Bank of America ranges between ₹9.5 Lakhs to ₹38 Lakhs per year for employees with experience between 5 years to 9 years. Salary estimates are based on 28 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Senior Consultant salaries

Last Updated: 17 May 2024

Experience	Avg Annual Salary
5 years (8 salaries)	₹9.5 L/yr - ₹35 L/yr
6 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹38 L/yr
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7 years (3 salaries)	₹16.5 L/yr - ₹25 L/yr
8 years (4 salaries)	₹12 L/yr - ₹38.1 L/yr
9 years (11 salaries)	₹15 L/yr - ₹26 L/yr

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Salary related reviews for Bank of America

5.0

Rated by 1 employees for salary & benefits

Software Developer in Chennai

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

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.

Senior Software Engineer in Mumbai

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

Dislikes

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

Team Lead in Gurgaon / Gurugram

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.

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.

Senior Software Engineer in Hyderabad / Secunderabad

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.

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

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Dislikes

Salary hikes are average when compared to other product/bank related companies.

see more salary related reviews

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What people are saying about Bank of America

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cleanhakuna

6d (edited)

student at

Institute of Management Nirma University, Ahmedabad

Career advise for early years

Hi folks!! Want one advise for my early years in corporate. I am 23 yrs old and I am working in BofA for couple of years now and this is my first job. I have deep interest and skills to excel in core finance role (investment management) but the role at BofA is completely unrelated to it. To prove my metal, I have cleared CFA level 1&2 in my first attempt with top percentile (+MBA) but kind of stuck for right opportunity. Can anyone advise how should I approach to making a shift to my desired work (asset mgt)?

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Bank of America Senior Consultant Salary FAQs

What is the salary of Senior Consultant at Bank of America?

Senior Consultant salary at Bank of America in India ranges between ₹9.5 Lakhs to ₹38.0 Lakhs for experience between 5 years to 9 years. According to our estimates it is 14% more than the average Senior Consultant Salary in India. Salary estimates are based on 28 latest salaries received from various employees of Bank of America India.

How does the salary of a Senior Consultant at Bank of America India compare with the average salary range for this job?

The average salary of a Senior Consultant at Bank of America is 14% more than the average salary of a Senior Consultant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Senior Consultant in India?

HSBC Group Senior Consultant Salary - ₹12.0 Lakhs to ₹40.0 Lakhs per year
JPMorgan Chase & Co. Senior Consultant Salary - ₹12.7 Lakhs to ₹45.0 Lakhs per year
Goldman Sachs Senior Consultant Salary - ₹11.0 Lakhs to ₹36.0 Lakhs per year
State Bank of India Senior Consultant Salary - ₹19.0 Lakhs to ₹27.0 Lakhs per year
Barclays Senior Consultant Salary - ₹11.0 Lakhs to ₹36.0 Lakhs per year

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

Wells Fargo Senior Consultant Salary - ₹11.8 Lakhs to ₹39.5 Lakhs per year
Citigroup Senior Consultant Salary - ₹13.0 Lakhs to ₹30.0 Lakhs per year
UBS Senior Consultant Salary - ₹13.5 Lakhs to ₹30.0 Lakhs per year
Deutsche Bank Senior Consultant Salary - ₹10.1 Lakhs to ₹34.4 Lakhs per year
Morgan Stanley Senior Consultant Salary - ₹9.6 Lakhs to ₹30.8 Lakhs per year

What is the estimated take home salary of a Senior Consultant at Bank of America in India?

The estimated take-home salary of a Senior Consultant at Bank of America ranges between ₹1,38,232 per month to ₹1,43,346 per month in India. The take-home salary calculation is based on the average Bank of America Senior Consultant salary in India which ranges between ₹9.5 Lakhs to ₹38.0 Lakhs per year for employees with experience between 5 years to 9 years. Check how did we calculate take home salary?

What is the notice period for Senior Consultant at Bank of America?

According to AmbitionBox, 50% of the Bank of America Senior Consultants reported a notice period of 15 days or less, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of America Senior Consultant Salaries

Bank of America Senior Consultant salary in India ranges between ₹9.5 Lakhs to ₹38 Lakhs with an average annual salary of ₹. Salary estimates are based on 28 Bank of America latest salaries received from various employees of Bank of America.