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Bank of America Software Developer salaries in India (Updated 2025)

Annual salary range
1 - 10 years exp.
₹6 Lakhs - ₹24.8 Lakhs
Salary of majority employees
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76% more than the average Software Developer Salary in Banking Companies for 1 - 10 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Developer Salary
1 - 10 years exp. (125 salaries)
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₹6 L/yr - ₹24.5 L/yr

Data Science & Analytics
Software Developer Salary
2 - 9 years exp. (10 salaries)
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₹6.8 L/yr - ₹25 L/yr

IT & Information Security
Software Developer Salary
6 - 9 years exp. (6 salaries)
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₹13.5 L/yr - ₹29 L/yr

Last Updated: 8 Mar 2025

Companies similar to Bank of America for Software Developer

Company name Avg Annual Salary Open Jobs
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JPMorgan Chase & Co. Software Developer Salary

0 - 10 years exp. (701 salaries)

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₹10 L/yr - ₹35.9 L/yr

arrow icon 65% more
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Goldman Sachs Software Developer Salary

0 - 5 years exp. (186 salaries)

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₹10.4 L/yr - ₹41.8 L/yr

arrow icon 75% more
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Wells Fargo Software Developer Salary

1 - 11 years exp. (228 salaries)

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₹18.8 L/yr - ₹36 L/yr

arrow icon 65% more
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Morgan Stanley Software Developer Salary

2 - 8 years exp. (157 salaries)

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₹9.6 L/yr - ₹34.4 L/yr

arrow icon 39% more
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Barclays Software Developer Salary

0 - 6 years exp. (408 salaries)

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₹7.4 L/yr - ₹23.3 L/yr

arrow icon 12% more
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HSBC Group Software Developer Salary

0 - 8 years exp. (137 salaries)

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₹5.8 L/yr - ₹26.3 L/yr

arrow icon 2% less
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Standard Chartered Software Developer Salary

1 - 10 years exp. (199 salaries)

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₹15.9 L/yr - ₹25 L/yr

arrow icon 11% more
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Deutsche Bank Software Developer Salary

0 - 4 years exp. (89 salaries)

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₹9 L/yr - ₹25 L/yr

arrow icon 32% more
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UBS Software Developer Salary

1 - 13 years exp. (215 salaries)

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₹9 L/yr - ₹35 L/yr

arrow icon 52% more
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HDFC Bank Software Developer Salary

1 - 8 years exp. (131 salaries)

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₹9.6 L/yr - ₹18.1 L/yr

arrow icon 24% less
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NatWest Group Software Developer Salary

0 - 9 years exp. (96 salaries)

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₹7.7 L/yr - ₹27.9 L/yr

arrow icon 23% more
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IDFC FIRST Bank Software Developer Salary

0 - 5 years exp. (62 salaries)

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₹5.7 L/yr - ₹25 L/yr

arrow icon 4% less
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ICICI Bank Software Developer Salary

1 - 6 years exp. (43 salaries)

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₹2 L/yr - ₹6.9 L/yr

arrow icon 53% less
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RBL Bank Software Developer Salary

0 - 7 years exp. (21 salaries)

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₹3 L/yr - ₹12 L/yr

arrow icon 48% less
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IndusInd Bank Software Developer Salary

1 - 8 years exp. (20 salaries)

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₹5 L/yr - ₹17 L/yr

arrow icon 34% less
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₹4.5 L/yr - ₹12.4 L/yr

arrow icon 45% less
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State Bank of India Software Developer Salary

2 - 11 years exp. (13 salaries)

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₹5 L/yr - ₹20 L/yr

arrow icon 20% less
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ANZ Banking Group Software Developer Salary

0 - 12 years exp. (11 salaries)

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₹4.6 L/yr - ₹15.5 L/yr

arrow icon 26% less
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DCB Bank Software Developer Salary

0 - 4 years exp. (10 salaries)

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₹5 L/yr - ₹8 L/yr

arrow icon 57% less
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Barclays PLC Software Developer Salary

0 - 4 years exp. (9 salaries)

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₹7 L/yr - ₹24.2 L/yr

arrow icon 6% more
View all
Software Developer salary at Bank of America ranges between ₹6 Lakhs to ₹24.8 Lakhs per year for employees with experience between 1 year to 10 years. Salary estimates are based on 156 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Software Developer

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Experience wise Bank of America Software Developer salaries

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
1 year  (18 salaries)

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₹5 L/yr - ₹12.8 L/yr
2 years  (21 salaries)

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₹4 L/yr - ₹16.4 L/yr
3 years  (20 salaries)

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₹6 L/yr - ₹12.9 L/yr
4 years  (23 salaries)

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₹7.2 L/yr - ₹17 L/yr
5 years  (15 salaries)

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₹10.4 L/yr - ₹20 L/yr
View all

Similar Designation salaries in Bank of America

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₹9 L/yr - ₹30 L/yr
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₹8.4 L/yr - ₹16.2 L/yr
Java Developer Salary
(10 salaries)
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₹6 L/yr - ₹27.5 L/yr
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₹8.65 L/yr - ₹29 L/yr
Software Engineer Salary
(1.1k salaries)
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₹6.6 L/yr - ₹27 L/yr
Web Developer Salary
(AmbitionBox Estimate)
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₹5.8 L/yr - ₹7.4 L/yr
Plsql Developer Salary
(AmbitionBox Estimate)
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₹16.9 L/yr - ₹21.6 L/yr
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₹20.6 L/yr - ₹27.4 L/yr
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₹8 L/yr - ₹22.5 L/yr
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₹20 L/yr - ₹33 L/yr
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Salary related reviews for Bank of America

3.7

Rated by 12 employees for salary & benefits

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

read more
  • Salary - Excellent
  • +1 more

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.

read more

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

read more
  • Salary - Good
  • +5 more

Dislikes

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

read more

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.

read more
  • 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.

read more

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.

read more
  • Job security - Good

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

read more
  • Salary - Bad
  • +4 more

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.

read more
  • Job security - Excellent
  • +4 more

Dislikes

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

read more
see more salary related reviews

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Bank of America Software Developer Salary FAQs

What is the salary of Software Developer at Bank of America?
Software Developer salary at Bank of America in India ranges between ₹6.0 Lakhs to ₹24.8 Lakhs for experience between 1 years to 10 years. According to our estimates it is 76% more than the average Software Developer Salary in India. Salary estimates are based on 156 latest salaries received from various employees of Bank of America India.
How does the salary of a Software Developer at Bank of America India compare with the average salary range for this job?
The average salary of a Software Developer at Bank of America is 76% more than the average salary of a Software Developer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bank of America to a Software Developer in India?
  • Goldman Sachs Software Developer Salary - ₹10.4 Lakhs to ₹41.8 Lakhs per year
  • Wells Fargo Software Developer Salary - ₹18.8 Lakhs to ₹36.0 Lakhs per year
  • JPMorgan Chase & Co. Software Developer Salary - ₹10.0 Lakhs to ₹35.9 Lakhs per year
  • UBS Software Developer Salary - ₹9.0 Lakhs to ₹35.0 Lakhs per year
  • Morgan Stanley Software Developer Salary - ₹9.6 Lakhs to ₹34.4 Lakhs per year
What is the salary of a Software Developer in companies similar to Bank of America in India?
  • Deutsche Bank Software Developer Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
  • NatWest Group Software Developer Salary - ₹7.7 Lakhs to ₹27.9 Lakhs per year
  • Barclays Software Developer Salary - ₹7.4 Lakhs to ₹23.3 Lakhs per year
  • Standard Chartered Software Developer Salary - ₹15.9 Lakhs to ₹25.0 Lakhs per year
  • Barclays PLC Software Developer Salary - ₹7.0 Lakhs to ₹24.2 Lakhs per year
What is the estimated take home salary of a Software Developer at Bank of America in India?
The estimated take-home salary of a Software Developer at Bank of America ranges between ₹1,00,368 per month to ₹1,03,101 per month in India. The take-home salary calculation is based on the average Bank of America Software Developer salary in India which ranges between ₹6.0 Lakhs to ₹24.8 Lakhs per year for employees with experience between 1 years to 10 years. Check how did we calculate take home salary?
What is the notice period for Software Developer at Bank of America?
According to AmbitionBox, 70% of the Bank of America Software Developers reported a notice period of 2 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 76 responses on AmbitionBox in last 2 years.

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Bank of America Software Developer salary in India ranges between ₹6 Lakhs to ₹24.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 156 Bank of America latest salaries received from various employees of Bank of America.