Bank of America Mumbai Senior Manager Salaries by 60+ Employees (Updated 2025)

8 - 17 years exp.

₹20 Lakhs - ₹45 Lakhs

Salary of majority employees

61% more than the average Senior Manager Salary in Banking Companies for 8 - 17 years of experience

Interested in this particular role? 5 job openings

Salaries in different departments

Finance & Accounting Senior Manager Salary 8 - 17 years exp. (29 salaries)	₹25 L/yr - ₹45 L/yr
Data Science & Analytics Senior Manager Salary 8 - 12 years exp. (9 salaries)	₹32 L/yr - ₹38.5 L/yr
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BFSI, Investments & Trading Senior Manager Salary 8 - 16 years exp. (6 salaries)	₹20 L/yr - ₹45 L/yr
Project & Program Management Senior Manager Salary 11 - 17 years exp. (3 salaries)	₹23 L/yr - ₹35.1 L/yr
Risk Management & Compliance Senior Manager Salary 10 - 16 years exp. (3 salaries)	₹22.5 L/yr - ₹39 L/yr

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Last Updated: 20 Jan 2025

Companies similar to Bank of America for Senior Manager in Mumbai

Bank of America Senior Manager Salary

8 - 17 years exp. (67 salaries)

₹20 L/yr - ₹45 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Senior Manager Salary 7 - 20 years exp. (50 salaries)	₹10.6 L/yr - ₹44 L/yr 29% less
ICICI Bank Senior Manager Salary 1 - 20 years exp. (646 salaries)	₹9.3 L/yr - ₹26 L/yr 49% less
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HDFC Bank Senior Manager Salary 4 - 21 years exp. (2.3k salaries)	₹8 L/yr - ₹29 L/yr 52% less
Axis Bank Senior Manager Salary 2 - 21 years exp. (2k salaries)	₹8.9 L/yr - ₹27.1 L/yr 49% less	1 job opening
Kotak Mahindra Bank Senior Manager Salary 1 - 18 years exp. (1.3k salaries)	₹6.5 L/yr - ₹23.5 L/yr 60% less
State Bank of India Senior Manager Salary 7 - 15 years exp. (20 salaries)	₹9 L/yr - ₹35 L/yr 36% less
Yes Bank Senior Manager Salary 2 - 19 years exp. (983 salaries)	₹6.5 L/yr - ₹22 L/yr 62% less
Morgan Stanley Senior Manager Salary 5 - 15 years exp. (935 salaries)	₹14.6 L/yr - ₹54 L/yr 8% less
IDFC FIRST Bank Senior Manager Salary 2 - 18 years exp. (577 salaries)	₹7.1 L/yr - ₹26.5 L/yr 55% less
RBL Bank Senior Manager Salary 1 - 17 years exp. (347 salaries)	₹6.5 L/yr - ₹20 L/yr 62% less
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (127 salaries)	₹5.3 L/yr - ₹20 L/yr 65% less	2 job openings
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AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (86 salaries)	₹6.2 L/yr - ₹23 L/yr 55% less	1 job opening
DCB Bank Senior Manager Salary 7 - 21 years exp. (49 salaries)	₹7 L/yr - ₹19.2 L/yr 63% less	1 job opening
Federal Bank Senior Manager Salary 6 - 15 years exp. (45 salaries)	₹12 L/yr - ₹29.5 L/yr 32% less
Deutsche Bank Senior Manager Salary 9 - 17 years exp. (27 salaries)	₹10 L/yr - ₹23.3 L/yr 49% less
JPMorgan Chase & Co. Senior Manager Salary 10 - 17 years exp. (17 salaries)	₹11.6 L/yr - ₹33 L/yr 38% less
Jana Small Finance Bank Senior Manager Salary 5 - 14 years exp. (16 salaries)	₹4.9 L/yr - ₹12 L/yr 72% less
NatWest Group Senior Manager Salary 9 - 17 years exp. (9 salaries)	₹13 L/yr - ₹33 L/yr 37% less
UBS Senior Manager Salary 6 - 16 years exp. (7 salaries)	₹25 L/yr - ₹48 L/yr 15% less
Equitas Small Finance Bank Senior Manager Salary 8 - 14 years exp. (4 salaries)	₹5.4 L/yr - ₹13 L/yr 72% less

Senior Manager salary at Bank of America ranges between ₹20 Lakhs to ₹45 Lakhs per year for employees with experience between 8 years to 17 years. Salary estimates are based on 67 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Senior Manager salaries in Mumbai

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
8 years (4 salaries)	₹30 L/yr - ₹40 L/yr
9 years (3 salaries)	₹24 L/yr - ₹64.4 L/yr
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10 years (8 salaries)	₹27 L/yr - ₹39 L/yr
11 years (10 salaries)	₹23 L/yr - ₹45 L/yr
12 years (10 salaries)	₹26 L/yr - ₹42 L/yr
13 years (12 salaries)	₹30 L/yr - ₹45 L/yr
14 years (7 salaries)	₹22.5 L/yr - ₹61.1 L/yr
15+ years (13 salaries)	₹20 L/yr - ₹36 L/yr

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From

Senior Manager

₹

Lakhs/yr

8 - 18 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Senior Manager 8 - 18 years exp.

Assistant Vice President 10 - 21 years exp.

18% hike

Vice President 14 - 25 years exp.

68% 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.

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Top skills at Bank of America for Senior Manager

Risk Management Analytics Asset Management Financial Services SQL

Salary related reviews for Bank of America

4.4

Rated by 3 employees for salary & benefits

Senior Manager in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

1.0

• posted on 02 May 2024

1.0

for Salary and Benefits

Likes

You will get end-to-end knowledge of the process as there is no support from any supporting team. Employee need to investigate themselves without any support from any one.

Dislikes

Salary is very low, In-addition BOFA is biased. Women employee doesn't work and paid more them Male employee - very bad work culture.

Salary - Bad

+6 more

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

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Job security - Good

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Salary - Bad

+3 more

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of America Senior Manager Salary FAQs

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

Senior Manager salary at Bank of America in Mumbai ranges between ₹20.0 Lakhs to ₹45.0 Lakhs for experience between 8 years to 17 years. According to our estimates it is 61% more than the average Senior Manager Salary in India. Salary estimates are based on 67 latest salaries received from various employees of Bank of America Mumbai.

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

The average salary of a Senior Manager at Bank of America is 61% more than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Senior Manager at Bank of America?

Risk Management, Analytics, Asset Management, Financial Services and SQL are some of the popular skills required to work as a Senior Manager at Bank of America Mumbai.

What is the salary of a Senior Manager in companies similar to Bank of America in Mumbai?

Morgan Stanley Senior Manager Salary - ₹14.6 Lakhs to ₹54.0 Lakhs per year
UBS Senior Manager Salary - ₹25.0 Lakhs to ₹48.0 Lakhs per year
Standard Chartered Senior Manager Salary - ₹10.6 Lakhs to ₹44.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹12.0 Lakhs to ₹29.5 Lakhs per year
State Bank of India Senior Manager Salary - ₹9.0 Lakhs to ₹35.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Bank of America ranges between ₹2,07,989 per month to ₹2,16,256 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Senior Manager salary in India which ranges between ₹20.0 Lakhs to ₹45.0 Lakhs per year for employees with experience between 8 years to 17 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at Bank of America in Mumbai?

According to AmbitionBox, 88% of the Bank of America Senior Managers in Mumbai reported a notice period of 2 Months, 6% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 33 responses on AmbitionBox in last 2 years.

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Bank of America Senior Manager Salaries in Mumbai

Bank of America Senior Manager salary in Mumbai ranges between ₹20 Lakhs to ₹45 Lakhs with an average annual salary of ₹. Salary estimates are based on 67 Bank of America latest salaries received from various employees of Bank of America.