Bank of America Software Engineer 1B Salaries by 80+ Employees (Updated 2025)

1 - 3 years exp.

₹5 Lakhs - ₹14 Lakhs

Salary of majority employees

At par with the average Software Engineer 1B Salary in Banking Companies for 1 - 3 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer 1B Salary 1 - 3 years exp. (65 salaries)	₹5 L/yr - ₹14 L/yr
Data Science & Analytics Software Engineer 1B Salary 1 - 3 years exp. (6 salaries)	₹7 L/yr - ₹12.5 L/yr
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IT & Information Security Software Engineer 1B Salary 1 - 3 years exp. (4 salaries)	₹7 L/yr - ₹10 L/yr

Last Updated: 5 Mar 2025

Companies similar to Bank of America for Software Engineer 1B

Company name	Avg Annual Salary	Open Jobs
Ciena Software Engineer 1B Salary 2 - 4 years exp. (24 salaries)	₹12.5 L/yr - ₹18.3 L/yr 82% more
HCLTech Software Engineer 1B Salary 0 - 4 years exp. (13 salaries)	₹3.5 L/yr - ₹4.5 L/yr 56% less
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Wipro Software Engineer 1B Salary 1 - 6 years exp. (7 salaries)	₹4.4 L/yr - ₹10 L/yr 20% less
Capgemini Software Engineer 1B Salary 1 - 4 years exp. (7 salaries)	₹4 L/yr - ₹7 L/yr 44% less
Sopra Steria Software Engineer 1B Salary 0 - 1 year exp. (5 salaries)	₹6 L/yr - ₹7 L/yr 28% less

Software Engineer 1B salary at Bank of America ranges between ₹5 Lakhs to ₹14 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 86 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer 1B salaries

Last Updated: 5 Mar 2025

Experience	Avg Annual Salary
1 year (31 salaries)	₹5 L/yr - ₹11.1 L/yr
2 years (45 salaries)	₹5.3 L/yr - ₹14 L/yr
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3 years (10 salaries)	₹7 L/yr - ₹12 L/yr

From

Software Engineer 1B

1 - 3 years exp.

Software Engineer

₹

Lakhs/yr

1 - 12 years exp.

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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Salary related reviews for Bank of America

3.5

Rated by 6 employees for salary & benefits

Software Developer in Chennai

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

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.

Senior Software Engineer in Mumbai

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

Salary - Good

+5 more

Dislikes

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

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.

Senior Software Engineer in Hyderabad / Secunderabad

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.

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

Salary - Bad

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

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.

Job security - Excellent

+4 more

Dislikes

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

see more salary related reviews

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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of America Software Engineer 1B Salary FAQs

What is the salary of Software Engineer 1B at Bank of America?

Software Engineer 1B salary at Bank of America in India ranges between ₹5.0 Lakhs to ₹14.0 Lakhs for experience between 1 years to 3 years. According to our estimates it is 2% less than the average Software Engineer 1B Salary in India. Salary estimates are based on 86 latest salaries received from various employees of Bank of America India.

How does the salary of a Software Engineer 1B at Bank of America India compare with the average salary range for this job?

The average salary of a Software Engineer 1B at Bank of America is 2% less than the average salary of a Software Engineer 1B in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Software Engineer 1B in India?

Ciena Software Engineer 1B Salary - ₹12.5 Lakhs to ₹18.3 Lakhs per year

What is the salary of a Software Engineer 1B in companies similar to Bank of America in India?

Wipro Software Engineer 1B Salary - ₹4.4 Lakhs to ₹10.0 Lakhs per year
Sopra Steria Software Engineer 1B Salary - ₹6.0 Lakhs to ₹7.0 Lakhs per year
Capgemini Software Engineer 1B Salary - ₹4.0 Lakhs to ₹7.0 Lakhs per year
HCLTech Software Engineer 1B Salary - ₹3.5 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Software Engineer 1B at Bank of America in India?

The estimated take-home salary of a Software Engineer 1B at Bank of America ranges between ₹63,312 per month to ₹64,922 per month in India. The take-home salary calculation is based on the average Bank of America Software Engineer 1B salary in India which ranges between ₹5.0 Lakhs to ₹14.0 Lakhs per year for employees with experience between 1 years to 3 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer 1B at Bank of America?

According to AmbitionBox, 72% of the Bank of America Software Engineer 1Bs reported a notice period of 2 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 81 responses on AmbitionBox in last 2 years.

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Bank of America Software Engineer 1B Salaries

Bank of America Software Engineer 1B salary in India ranges between ₹5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 86 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Software Engineer 1B salaries in India (Updated 2025)

Companies similar to Bank of America for Software Engineer 1B

Latest annual salaries shared by Bank of America Software Engineer 1B

Experience wise Bank of America Software Engineer 1B salaries

Similar Designation salaries in Bank of America

Salary related reviews for Bank of America

Software Developer in Chennai

Senior Software Engineer in Mumbai

Team Lead in Gurgaon / Gurugram

Senior Software Engineer in Hyderabad / Secunderabad

Senior Software Engineer in Hyderabad / Secunderabad

Bank of America Software Engineer 1B Salary FAQs

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Bank of America Software Engineer 1B Salaries by Location