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Bank of America Software Engineer 1B salaries in Hyderabad / Secunderabad

Annual salary range
0 - 2 years exp.
₹5 Lakhs - ₹12.3 Lakhs
Salary of majority employees
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14% more than the average Software Engineer 1B Salary in Banking Companies for 0 - 2 years of experience

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Salaries in different departments

Engineering - Software & QA
Software Engineer 1B Salary
1 - 2 years exp. (11 salaries)
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₹5 L/yr - ₹12.3 L/yr

IT & Information Security
Software Engineer 1B Salary
Fresher (AmbitionBox Estimate)
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₹7.5 L/yr - ₹9 L/yr

Last Updated: 18 Dec 2024

Companies similar to Bank of America for Software Engineer 1B in Hyderabad / Secunderabad

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Bank of America Software Engineer 1B Salary

0 - 2 years exp. (15 salaries)

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₹5 L/yr - ₹12.3 L/yr

vs
Company name Avg Annual Salary Open Jobs
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HCLTech Software Engineer 1B Salary

0 - 2 years exp. (4 salaries)

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₹3.5 L/yr - ₹4.5 L/yr

arrow icon 52% less
Software Engineer 1B salary at Bank of America ranges between ₹5 Lakhs to ₹12.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Salary estimates are based on 15 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Software Engineer 1B in Hyderabad / Secunderabad

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Experience wise Bank of America Software Engineer 1B salaries in Hyderabad / Secunderabad

Last Updated: 18 Dec 2024

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹3 L/yr - ₹9 L/yr
1 year  (7 salaries)

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₹5 L/yr - ₹11.1 L/yr
2 years  (7 salaries)

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₹7.5 L/yr - ₹12.3 L/yr

Similar Designation salaries in Bank of America

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₹7 L/yr - ₹27.86 L/yr
Software Engineer Salary
(124 salaries)
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₹7 L/yr - ₹23.02 L/yr
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₹7 L/yr - ₹27 L/yr
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₹2.2 L/yr - ₹16.19 L/yr
Lead Engineer Salary
(3 salaries)
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₹23 L/yr - ₹34.6 L/yr

Salary related reviews for Bank of America

4.0

Rated by 3 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

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

Dislikes

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

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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.

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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.

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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.

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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

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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

Dislikes

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

read more
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Bank of America Software Engineer 1B Salary FAQs

What is the salary of Software Engineer 1B at Bank of America Hyderabad / Secunderabad?
Software Engineer 1B salary at Bank of America in Hyderabad / Secunderabad ranges between ₹5.0 Lakhs to ₹12.3 Lakhs for less than 1 year of experience to 2 years. According to our estimates it is 14% more than the average Software Engineer 1B Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Bank of America Hyderabad / Secunderabad.
How does the salary of a Software Engineer 1B at Bank of America Hyderabad / Secunderabad compare with the average salary range for this job?
The average salary of a Software Engineer 1B at Bank of America is 14% more than the average salary of a Software Engineer 1B in Hyderabad / Secunderabad. To know exact salary insights, login to view.
What is the salary of a Software Engineer 1B in companies similar to Bank of America in Hyderabad / Secunderabad?
  • 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 Hyderabad / Secunderabad?
The estimated take-home salary of a Software Engineer 1B at Bank of America ranges between ₹61,891 per month to ₹63,461 per month in Hyderabad / Secunderabad. 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 ₹12.3 Lakhs per year for employees with less than 1 year of experience to 2 years. Check how did we calculate take home salary?
What is the notice period for Software Engineer 1B at Bank of America in Hyderabad / Secunderabad?
According to AmbitionBox, 81% of the Bank of America Software Engineer 1Bs in Hyderabad / Secunderabad 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 16 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of America Software Engineer 1B salary in Hyderabad / Secunderabad ranges between ₹5 Lakhs to ₹12.3 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Bank of America latest salaries received from various employees of Bank of America.