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Bank of America SME salaries in India

Annual salary range
4 - 11 years exp.
₹6 Lakhs - ₹10.3 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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23% 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)
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₹6.6 L/yr - ₹10.3 L/yr

Customer Success, Service & Operations
SME Salary
4 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.6 L/yr

Finance & Accounting
SME Salary
6 years exp. (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9.2 L/yr

Food, Beverage & Hospitality
SME Salary
11 years exp. (AmbitionBox Estimate)
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₹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
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ANZ Banking Group SME Salary

5 - 10 years exp. (93 salaries)

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₹4 L/yr - ₹9.4 L/yr

arrow icon 4% more
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HSBC Electronic Data Processing SME Salary

4 - 10 years exp. (82 salaries)

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₹3 L/yr - ₹12.7 L/yr

arrow icon 3% less
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Barclays SME Salary

4 - 10 years exp. (69 salaries)

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₹4.1 L/yr - ₹18 L/yr

arrow icon 39% more
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HSBC Global Banking and Markets SME Salary

3 - 10 years exp. (49 salaries)

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₹4.3 L/yr - ₹17.3 L/yr

arrow icon 37% more
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Deutsche Bank SME Salary

0 - 10 years exp. (30 salaries)

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₹2 L/yr - ₹12.7 L/yr

arrow icon 6% less
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NatWest Group SME Salary

3 - 11 years exp. (30 salaries)

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₹4.3 L/yr - ₹9 L/yr

arrow icon 1% more
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Standard Chartered SME Salary

4 - 13 years exp. (15 salaries)

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₹4.3 L/yr - ₹13.6 L/yr

arrow icon 39% more
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HSBC Bank SME Salary

2 - 10 years exp. (11 salaries)

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₹4.1 L/yr - ₹7.5 L/yr

arrow icon 25% less
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HDFC Bank SME Salary

1 - 10 years exp. (9 salaries)

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₹2.8 L/yr - ₹5.4 L/yr

arrow icon 54% less
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ICICI Bank SME Salary

5 - 8 years exp. (7 salaries)

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₹3 L/yr - ₹10.1 L/yr

arrow icon 27% less
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NatWest Markets SME Salary

7 - 11 years exp. (7 salaries)

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₹5.9 L/yr - ₹10 L/yr

arrow icon 7% more
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Yes Bank SME Salary

3 - 8 years exp. (6 salaries)

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₹2.9 L/yr - ₹5.5 L/yr

arrow icon 47% less
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IDFC FIRST Bank SME Salary

8 - 12 years exp. (4 salaries)

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₹3.1 L/yr - ₹10.7 L/yr

arrow icon 4% less
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RBL Bank SME Salary

1 - 3 years exp. (3 salaries)

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₹2.4 L/yr - ₹5 L/yr

arrow icon 53% less
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Equitas Small Finance Bank SME Salary

5 - 15 years exp. (3 salaries)

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₹2.8 L/yr - ₹9 L/yr

arrow icon 32% less
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State Street Bank SME Salary

9 - 10 years exp. (3 salaries)

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₹6.5 L/yr - ₹9.2 L/yr

arrow icon 1% more
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.

Latest annual salaries shared by Bank of America SME

2w ago
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6 years exp.
1y ago
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6 years exp.
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4 years exp.
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11 years exp.
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6 years exp.

Experience wise Bank of America SME salaries

Last Updated: 23 Dec 2024

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹6 L/yr - ₹14.6 L/yr
5 years (AmbitionBox Estimate)

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₹7.1 L/yr - ₹9 L/yr
6 years  (3 salaries)

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₹6.6 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)

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₹6.7 L/yr - ₹8.5 L/yr
8 years (AmbitionBox Estimate)

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₹6.5 L/yr - ₹8.3 L/yr
View all

Similar Designation salaries in Bank of America

Team Lead Salary
(2.3k salaries)
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₹5.7 L/yr - ₹16 L/yr
Team Developer Salary
(1.9k salaries)
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₹2.4 L/yr - ₹11 L/yr
Team Member Salary
(923 salaries)
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₹1.6 L/yr - ₹5 L/yr
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₹2.2 L/yr - ₹9 L/yr
Senior Analyst Salary
(863 salaries)
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₹11.48 L/yr - ₹38.1 L/yr
Analyst Salary
(755 salaries)
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₹8.21 L/yr - ₹30 L/yr
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₹22 L/yr - ₹60 L/yr
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₹6.46 L/yr - ₹21.66 L/yr
Lead Analyst Salary
(282 salaries)
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₹15.95 L/yr - ₹40 L/yr
Fraud Analyst Salary
(272 salaries)
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₹2.4 L/yr - ₹5.5 L/yr

Salary related reviews for Bank of America

4.0

Rated by 1 employees for salary & benefits

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

read more
  • Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

read more
  • Salary - Poor
  • +4 more

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

read more
  • Salary - Bad
  • +3 more

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

read more
  • 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

read more
  • Skill development - Bad
  • +4 more

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.

read more
  • 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

read more

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.

read more
  • 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.

read more
see more salary related reviews

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Bank of America SME Salary FAQs

What is the salary of SME at Bank of America ?
The average salary of a SME at Bank of America in India typically ranges from ₹6.0 Lakhs to ₹10.3 Lakhs per year, depending on experience (from 4 years to 11 years).

The top 10% of SME at Bank of America earn more than ₹10.3 Lakhs per year, and the top 1% earn over ₹10.3 Lakhs per year. SME 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 5 Bank of America employees in India.
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 in India typically ranges from ₹54,416 to ₹55,775 per month. This is based on the average salary range of ₹6.0 Lakhs to ₹10.3 Lakhs per year for employees with experience ranging from 4 years to 11 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 5 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of America for SME in India?
Standard Chartered ₹4.3 Lakhs to ₹13.6 Lakhs per year
Barclays ₹4.1 Lakhs to ₹18.0 Lakhs per year
HSBC Global Banking and Markets ₹4.3 Lakhs to ₹17.3 Lakhs per year
NatWest Markets ₹5.9 Lakhs to ₹10.0 Lakhs per year
ANZ Banking Group ₹4.0 Lakhs to ₹9.4 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 SME in companies similar to Bank of America in India?
The salary of a SME at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Group ₹4.3 Lakhs to ₹9.0 Lakhs per year
State Street Bank ₹6.5 Lakhs to ₹9.2 Lakhs per year
HSBC Electronic Data Processing ₹3.0 Lakhs to ₹12.7 Lakhs per year
IDFC FIRST Bank ₹3.1 Lakhs to ₹10.7 Lakhs per year
Deutsche Bank ₹2.0 Lakhs to ₹12.7 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 SME at Bank of America in India?
The salary growth for a SME at Bank of America depends on factors such as experience, performance, and promotions. On average, a SME can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
4 years ₹6.0 Lakhs to ₹14.6 Lakhs per year
5 years ₹7.1 Lakhs to ₹9.0 Lakhs per year
6 years ₹6.6 Lakhs to ₹10.3 Lakhs per year
7 years ₹6.7 Lakhs to ₹8.5 Lakhs per year
and so on.

Tell us how to improve this page.

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