Bank of America Mumbai Software Engineer 1B Salaries by 10 Employees (Updated 2025)

1 - 3 years exp.

₹6.2 Lakhs - ₹11 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. (4 salaries)	₹6.5 L/yr - ₹11 L/yr
IT & Information Security Software Engineer 1B Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹8.7 L/yr
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Data Science & Analytics Software Engineer 1B Salary 1 year exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9.2 L/yr

Last Updated: 20 Dec 2024

Companies similar to Bank of America for Software Engineer 1B in Mumbai

Bank of America Software Engineer 1B Salary

1 - 3 years exp. (10 salaries)

₹6.2 L/yr - ₹11 L/yr

Company name	Avg Annual Salary	Open Jobs
Aditya Birla Capital Software Engineer 1B Salary 4 - 7 years exp. (3 salaries)	₹13.2 L/yr - ₹20 L/yr 95% more
Login to view exact salary
Azentio Software Engineer 1B Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹3.6 L/yr 58% less

Software Engineer 1B salary at Bank of America ranges between ₹6.2 Lakhs to ₹11 Lakhs per year for employees with experience between 1 year to 3 years. Salary estimates are based on 10 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer 1B salaries in Mumbai

Last Updated: 20 Dec 2024

Experience	Avg Annual Salary
1 year (3 salaries)	₹6.2 L/yr - ₹11 L/yr
2 years (5 salaries)	₹6.5 L/yr - ₹9.1 L/yr
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3 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.1 L/yr

Similar Designation salaries in Bank of America

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Senior Software Engineer Salary

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₹8 L/yr - ₹30.45 L/yr

Software Developer Salary

(20 salaries)

₹8.25 L/yr - ₹24 L/yr

Software Development Engineer Salary

(5 salaries)

₹8 L/yr - ₹18 L/yr

Lead Software Engineer Salary

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₹27 L/yr - ₹30 L/yr

Senior Engineer Salary

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₹2.2 L/yr - ₹15.99 L/yr

Salary related reviews for Bank of America

3.0

Rated by 1 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

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

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.

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.

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

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.

Dislikes

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

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Salary Discussions, Hike & Promotions

1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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Bank of America Software Engineer 1B Salary FAQs

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

Software Engineer 1B salary at Bank of America in Mumbai ranges between ₹6.2 Lakhs to ₹11.0 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 10 latest salaries received from various employees of Bank of America Mumbai.

How does the salary of a Software Engineer 1B at Bank of America Mumbai 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 Mumbai. To know exact salary insights, login to view.

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

Aditya Birla Capital Software Engineer 1B Salary - ₹13.2 Lakhs to ₹20.0 Lakhs per year

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

Azentio Software Engineer 1B Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year

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

The estimated take-home salary of a Software Engineer 1B at Bank of America ranges between ₹59,592 per month to ₹61,098 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Software Engineer 1B salary in India which ranges between ₹6.2 Lakhs to ₹11.0 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 in Mumbai?

According to AmbitionBox, 92% of the Bank of America Software Engineer 1Bs in Mumbai reported a notice period of 2 Months, 8% reported a notice period of 15 days or less.This is based on 12 responses on AmbitionBox in last 2 years.

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Bank of America Software Engineer 1B Salaries in Mumbai

Bank of America Software Engineer 1B salary in Mumbai ranges between ₹6.2 Lakhs to ₹11 Lakhs with an average annual salary of ₹. Salary estimates are based on 10 Bank of America latest salaries received from various employees of Bank of America.