Bank of America Senior Manager Salaries by 500+ Employees (Updated 2025)

8 - 19 years exp.

₹17.4 Lakhs - ₹47.4 Lakhs

Avg. annual salary

Fixed

₹

Lakhs

Variable

₹

Monthly In-hand Salary

48% more than the average Senior Manager Salary in Banking Companies for 8 - 19 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Finance & Accounting Senior Manager Salary 8 - 18 years exp. (147 salaries)	₹19 L/yr - ₹47.4 L/yr
Data Science & Analytics Senior Manager Salary 8 - 18 years exp. (74 salaries)	₹18.1 L/yr - ₹46.1 L/yr
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Customer Success, Service & Operations Senior Manager Salary 12 - 19 years exp. (63 salaries)	₹17.8 L/yr - ₹40 L/yr
BFSI, Investments & Trading Senior Manager Salary 8 - 18 years exp. (61 salaries)	₹18.4 L/yr - ₹45 L/yr
Project & Program Management Senior Manager Salary 10 - 19 years exp. (47 salaries)	₹19.4 L/yr - ₹41 L/yr

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Last Updated: 30 Mar 2025

Companies similar to Bank of America for Senior Manager

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Senior Manager Salary 3 - 21 years exp. (6.3k salaries)	₹8 L/yr - ₹25 L/yr 52% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (2.3k salaries)	₹5.9 L/yr - ₹21.5 L/yr 61% less	1 job opening
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Standard Chartered Senior Manager Salary 6 - 22 years exp. (1.9k salaries)	₹13.3 L/yr - ₹46.1 L/yr 12% less
ICICI Bank Senior Manager Salary 1 - 20 years exp. (1.8k salaries)	₹8.5 L/yr - ₹28 L/yr 47% less
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (1.3k salaries)	₹7 L/yr - ₹22.3 L/yr 55% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (799 salaries)	₹6 L/yr - ₹20 L/yr 62% less
AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (494 salaries)	₹5.5 L/yr - ₹22 L/yr 58% less
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (359 salaries)	₹5.3 L/yr - ₹20 L/yr 63% less	6 job openings
Punjab National Bank Senior Manager Salary 7 - 13 years exp. (175 salaries)	₹10 L/yr - ₹32 L/yr 38% less
Jana Small Finance Bank Senior Manager Salary 6 - 17 years exp. (197 salaries)	₹4 L/yr - ₹15 L/yr 71% less

View all

Senior Manager salary at Bank of America ranges between ₹17.4 Lakhs to ₹47.4 Lakhs per year for employees with experience between 8 years to 19 years. Salary estimates are based on 564 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Senior Manager salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
8 years (23 salaries)	₹30 L/yr - ₹43 L/yr
9 years (30 salaries)	₹24 L/yr - ₹44 L/yr
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10 years (66 salaries)	₹21.5 L/yr - ₹42.5 L/yr
11 years (57 salaries)	₹22 L/yr - ₹45.2 L/yr
12 years (82 salaries)	₹19.6 L/yr - ₹47.4 L/yr
13 years (70 salaries)	₹17.4 L/yr - ₹47.4 L/yr
14 years (62 salaries)	₹17.8 L/yr - ₹47 L/yr
15+ years (174 salaries)	₹17.8 L/yr - ₹45 L/yr

View all

From

Senior Manager

₹

Lakhs/yr

8 - 19 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Senior Manager 8 - 19 years exp.

Assistant Vice President 10 - 21 years exp.

21% hike

Vice President 14 - 25 years exp.

67% 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

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(4 salaries)

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Sales Manager Salary

(5 salaries)

₹5.4 L/yr - ₹15.5 L/yr

Branch Manager Salary

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₹15.3 L/yr - ₹19.5 L/yr

Area Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹15.5 L/yr - ₹19.8 L/yr

Business Manager Salary

(5 salaries)

₹16 L/yr - ₹36 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹11.7 L/yr - ₹15 L/yr

Relationship Manager Salary

(5 salaries)

₹4.83 L/yr - ₹12 L/yr

Top skills at Bank of America for Senior Manager

Risk Management Analytics Asset Management Financial Services SQL

Salary related reviews for Bank of America

3.9

Rated by 46 employees for salary & benefits

Senior Manager in Gandhinagar

FAKC testing coe Department

5.0

• posted on 20 Feb 2022

3.0

for Salary and Benefits

Likes

Every thing I liked in bank starting from type of work and exposure I got, culture, very good people, huge scope of learning and most importantly work life balance.

Skill development - Excellent

+5 more

Dislikes

Compensation is not as per market trend

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.

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.

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• posted on 20 Feb 2022

4.0

for Salary and Benefits

Likes

Work life balance is super duper great, job security is like govt.job,management is very supportive and company policies are employee friendly.

Salary - Good

+6 more

Dislikes

Yearly bonus is very less as compared to other companies of same industry. No gifts on diwali, no monetary reward

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

Manager in Mumbai

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

... 8 lacks. Insurance for parents/aws. Sodexo food card with 1300 monthly balance. Yearly bonus. Cab facility if you are not availing it can be get transport allowance upto 1800 monthly.

Salary - Excellent

+6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

89 participants . expiring in 2d

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Bank of America Senior Manager Salary FAQs

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

The average salary of a Senior Manager at Bank of America in India typically ranges from ₹17.4 Lakhs to ₹47.4 Lakhs per year, depending on experience (from 8 years to 19 years).

The top 10% of Senior Manager at Bank of America earn more than ₹40.2 Lakhs per year, and the top 1% earn over ₹46.0 Lakhs per year. Senior Manager 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 500+ Bank of America employees in India.

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

The estimated take-home salary of a Senior Manager at Bank of America in India typically ranges from ₹1,97,108 to ₹2,04,884 per month. This is based on the average salary range of ₹17.4 Lakhs to ₹47.4 Lakhs per year for employees with experience ranging from 8 years to 19 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 500+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Senior Manager at Bank of America ?

To be a Senior Manager at Bank of America in india, the key skills required include:

- Risk Management
- Analytics
- Asset Management
- Financial Services
- SQL

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bank of America for Senior Manager in India?

ANZ Banking Group	₹23.5 Lakhs to ₹66.7 Lakhs per year
HSBC Bank	₹17.4 Lakhs to ₹45.0 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 Manager in companies similar to Bank of America in India?

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

Standard Chartered	₹13.3 Lakhs to ₹46.1 Lakhs per year
State Street Bank	₹13.3 Lakhs to ₹40.0 Lakhs per year
HSBC Global Banking and Markets	₹17.0 Lakhs to ₹31.6 Lakhs per year
Federal Bank	₹10.0 Lakhs to ₹30.0 Lakhs per year
Indian Bank	₹10.0 Lakhs to ₹30.0 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 Manager at Bank of America in India?

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

Experience	Average Salary Range
8 years	₹30.0 Lakhs to ₹43.0 Lakhs per year
9 years	₹24.0 Lakhs to ₹44.0 Lakhs per year
10 years	₹21.5 Lakhs to ₹42.5 Lakhs per year
11 years	₹22.0 Lakhs to ₹45.2 Lakhs per year

and so on.

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Bank of America Senior Manager Salaries

Bank of America Senior Manager salary in India ranges between ₹17.4 Lakhs to ₹47.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 564 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Senior Manager salaries in India (Updated 2025)

Companies similar to Bank of America for Senior Manager

Latest annual salaries shared by Bank of America Senior Manager

Experience wise Bank of America Senior Manager salaries

Similar Designation salaries in Bank of America

Top skills at Bank of America for Senior Manager

Salary related reviews for Bank of America

Senior Manager in Gandhinagar

Team Lead in Gurgaon / Gurugram

Team Lead in Gurgaon / Gurugram

Assistant Vice President in Mumbai

Manager in Mumbai

Bank of America Senior Manager Salary FAQs

Tell us how to improve this page.

Bank of America Senior Manager Salaries by Location