Bank of America SME Salaries by 5 Employees (Updated 2025)

4 - 11 years exp.

₹6 Lakhs - ₹10.3 Lakhs

Low Confidence

Salary of majority employees

24% more than the average SME Salary in Banking Companies for 4 - 11 years of experience

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Salaries in different departments

BFSI, Investments & Trading SME Salary 6 years exp. (AmbitionBox Estimate)	₹6.6 L/yr - ₹10.3 L/yr
Customer Success, Service & Operations SME Salary 4 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Finance & Accounting SME Salary 6 years exp. (AmbitionBox Estimate)	₹7.5 L/yr - ₹9.2 L/yr
Food, Beverage & Hospitality SME Salary 11 years exp. (AmbitionBox Estimate)	₹5.5 L/yr - ₹6.7 L/yr

Last Updated: 23 Dec 2024

Companies similar to Bank of America for SME

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. SME Salary 1 - 9 years exp. (37 salaries)	₹3.5 L/yr - ₹8.5 L/yr 14% less
Wells Fargo SME Salary 4 - 9 years exp. (59 salaries)	₹4.2 L/yr - ₹10.7 L/yr 1% less
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Citigroup SME Salary 3 - 9 years exp. (12 salaries)	₹6.3 L/yr - ₹12.3 L/yr 19% more
Goldman Sachs SME Salary 3 - 9 years exp. (8 salaries)	₹5.5 L/yr - ₹13.5 L/yr 9% more
Morgan Stanley SME Salary 0 - 8 years exp. (7 salaries)	₹3.3 L/yr - ₹12.5 L/yr 10% more
HSBC Group SME Salary 1 - 12 years exp. (140 salaries)	₹3 L/yr - ₹12.8 L/yr 1% less	2 job openings
UBS SME Salary 3 - 12 years exp. (35 salaries)	₹4.2 L/yr - ₹14.8 L/yr 27% more
ANZ Banking Group SME Salary 5 - 10 years exp. (96 salaries)	₹4 L/yr - ₹9.4 L/yr 2% more
Barclays SME Salary 4 - 11 years exp. (72 salaries)	₹4 L/yr - ₹17.1 L/yr 35% more
NatWest Group SME Salary 4 - 12 years exp. (26 salaries)	₹4.8 L/yr - ₹11.5 L/yr 7% more
Deutsche Bank SME Salary 0 - 10 years exp. (30 salaries)	₹2.3 L/yr - ₹12.2 L/yr 1% less
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Standard Chartered SME Salary 4 - 13 years exp. (15 salaries)	₹4.3 L/yr - ₹13.6 L/yr 39% more
HDFC Bank SME Salary 1 - 10 years exp. (9 salaries)	₹2.8 L/yr - ₹5.4 L/yr 54% less
Yes Bank SME Salary 3 - 8 years exp. (6 salaries)	₹2.9 L/yr - ₹5.5 L/yr 47% less
ICICI Bank SME Salary 5 - 6 years exp. (6 salaries)	₹3.6 L/yr - ₹5.2 L/yr 30% less
IDFC FIRST Bank SME Salary 8 - 11 years exp. (4 salaries)	₹3.1 L/yr - ₹10.7 L/yr 4% less
RBL Bank SME Salary 1 - 2 years exp. (3 salaries)	₹2.4 L/yr - ₹5 L/yr 53% less
Equitas Small Finance Bank SME Salary 5 - 15 years exp. (3 salaries)	₹2.8 L/yr - ₹9 L/yr 32% less

SME salary at Bank of America ranges between ₹6 Lakhs to ₹10.3 Lakhs per year for employees with experience between 4 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America SME salaries

Last Updated: 23 Dec 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹14.6 L/yr
5 years (AmbitionBox Estimate)	₹7.1 L/yr - ₹9 L/yr
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6 years (3 salaries)	₹6.6 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹8.3 L/yr
9 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
10 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹7.7 L/yr
11 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹11.7 L/yr

View all

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Salary related reviews for Bank of America

4.0

Rated by 1 employees for salary & benefits

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

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Skill development - Bad

+4 more

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Job security - Excellent

+3 more

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

Team Developer in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 28 Sep 2023

3.0

for Salary and Benefits

Likes

I like the facilities they give to make a good environment and maintain employees trust for the bank, Nice peers who can guide you for different things also apart from work.

Job security - Excellent

+3 more

Dislikes

...s bonus per year. No festive gifts are provided. In short less budget they have. If someone leave the bank will be the Salary and bonus reason.

Team Developer in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Oct 2023

3.0

for Salary and Benefits

Likes

One of the best companies to work with mainly for women its the best go for it without a second thought ,bofa made me to learn all the things it's the best one to hold one's future

Skill development - Good

+3 more

Dislikes

Salary hikes are not that great but by default you will get minimum 6 percent hike

Promotions - Poor

see more salary related reviews

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Salary Discussions, Hike & Promotions

fathersahaab

works at

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 SME Salary FAQs

What is the salary of SME at Bank of America?

SME salary at Bank of America in India ranges between ₹6.0 Lakhs to ₹10.3 Lakhs for experience between 4 years to 11 years. According to our estimates it is 24% more than the average SME Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bank of America India.

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

The average salary of a SME at Bank of America is 24% more than the average salary of a SME in India. To know exact salary insights, login to view.

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

Standard Chartered SME Salary - ₹4.3 Lakhs to ₹13.6 Lakhs per year
Barclays SME Salary - ₹4.0 Lakhs to ₹17.1 Lakhs per year
UBS SME Salary - ₹4.2 Lakhs to ₹14.8 Lakhs per year
Citigroup SME Salary - ₹6.3 Lakhs to ₹12.3 Lakhs per year
Morgan Stanley SME Salary - ₹3.3 Lakhs to ₹12.5 Lakhs per year

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

Goldman Sachs SME Salary - ₹5.5 Lakhs to ₹13.5 Lakhs per year
NatWest Group SME Salary - ₹4.8 Lakhs to ₹11.5 Lakhs per year
ANZ Banking Group SME Salary - ₹4.0 Lakhs to ₹9.4 Lakhs per year
Deutsche Bank SME Salary - ₹2.3 Lakhs to ₹12.2 Lakhs per year
HSBC Group SME Salary - ₹3.0 Lakhs to ₹12.8 Lakhs per year

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

The estimated take-home salary of a SME at Bank of America ranges between ₹54,416 per month to ₹55,775 per month in India. The take-home salary calculation is based on the average Bank of America SME salary in India which ranges between ₹6.0 Lakhs to ₹10.3 Lakhs per year for employees with experience between 4 years to 11 years. Check how did we calculate take home salary?

What is the notice period for SME at Bank of America?

According to AmbitionBox, 100% of the Bank of America SMEs reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Bank of America SME Salaries

Bank of America SME salary in India ranges between ₹6 Lakhs to ₹10.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.