Bank of America Software Engineer Analyst Salaries by 10+ Employees (Updated 2024)

4 - 10 years exp.

₹9.8 Lakhs - ₹18.1 Lakhs

Salary of majority employees

134% more than the average Software Engineer Analyst Salary in Banking Companies for 4 - 10 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Bank of America for Software Engineer Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Engineer Analyst Salary 0 - 5 years exp. (35 salaries)	₹12 L/yr - ₹19.5 L/yr 1% more
Wells Fargo Software Engineer Analyst Salary 2 - 9 years exp. (14 salaries)	₹7 L/yr - ₹18.8 L/yr 29% less
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Goldman Sachs Software Engineer Analyst Salary 0 - 4 years exp. (15 salaries)	₹17.5 L/yr - ₹28 L/yr 45% more	3 job openings
Barclays Software Engineer Analyst Salary 0 - 13 years exp. (4 salaries)	₹9.3 L/yr - ₹19.3 L/yr 2% less
Ujjivan Small Finance Bank Software Engineer Analyst Salary 1 - 4 years exp. (3 salaries)	₹3.2 L/yr - ₹9 L/yr 63% less
NatWest Group Software Engineer Analyst Salary 11 - 13 years exp. (3 salaries)	₹10.9 L/yr - ₹23.2 L/yr 11% less

Software Engineer Analyst salary at Bank of America ranges between ₹9.8 Lakhs to ₹18.1 Lakhs per year for employees with experience between 4 years to 10 years. Salary estimates are based on 12 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer Analyst salaries

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹12 L/yr - ₹24.3 L/yr
5 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹25.5 L/yr
Login to view exact salary
6 years (3 salaries)	₹9.8 L/yr - ₹26.6 L/yr
7 years (3 salaries)	₹10 L/yr - ₹17.5 L/yr
8 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹28.9 L/yr
9 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.2 L/yr
10 years (AmbitionBox Estimate)	₹6.9 L/yr - ₹18.1 L/yr

View all

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Salary related reviews for Bank of America

5.0

Rated by 1 employees for salary & benefits

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.

Software Engineer II in Chennai

Engineering - Software & QA Department

4.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

You will get good benefits apart from your salary like Cab, Sodexho Card, Gym. There is no variable pay in BA.

Dislikes

HR people are dummy in BA, If you will have good relationship with your manager or VP then you will get good appraisal or promotion. They are having escalation process but if you escalate something about your manager then it will first reach to your manager and they will corner you. There is no onsite opportunity in BA

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 Systems Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 09 May 2022

1.0

for Salary and Benefits

Likes

...uld benefit low level employees all are tend to meant for management benefits. Company policies and pay never compete/normalise with outside market

Dislikes

Everything except job security. Since we work for very low wage

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.

see more salary related reviews

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What people are saying about Bank of America

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cleanhakuna

2w (edited)

student at

Institute of Management Nirma University, Ahmedabad

Career advise for early years

Hi folks!! Want one advise for my early years in corporate. I am 23 yrs old and I am working in BofA for couple of years now and this is my first job. I have deep interest and skills to excel in core finance role (investment management) but the role at BofA is completely unrelated to it. To prove my metal, I have cleared CFA level 1&2 in my first attempt with top percentile (+MBA) but kind of stuck for right opportunity. Can anyone advise how should I approach to making a shift to my desired work (asset mgt)?

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Bank of America Software Engineer Analyst Salary FAQs

What is the salary of Software Engineer Analyst at Bank of America?

Software Engineer Analyst salary at Bank of America in India ranges between ₹9.8 Lakhs to ₹18.1 Lakhs for experience between 4 years to 10 years. According to our estimates it is 134% more than the average Software Engineer Analyst Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Bank of America India.

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

The average salary of a Software Engineer Analyst at Bank of America is 134% more than the average salary of a Software Engineer Analyst in India. To know exact salary insights, login to view.

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

Goldman Sachs Software Engineer Analyst Salary - ₹17.5 Lakhs to ₹28.0 Lakhs per year
JPMorgan Chase & Co. Software Engineer Analyst Salary - ₹12.0 Lakhs to ₹19.5 Lakhs per year

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

Barclays Software Engineer Analyst Salary - ₹9.3 Lakhs to ₹19.3 Lakhs per year
NatWest Group Software Engineer Analyst Salary - ₹10.9 Lakhs to ₹23.2 Lakhs per year
Wells Fargo Software Engineer Analyst Salary - ₹7.0 Lakhs to ₹18.8 Lakhs per year
Ujjivan Small Finance Bank Software Engineer Analyst Salary - ₹3.2 Lakhs to ₹9.0 Lakhs per year

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

The estimated take-home salary of a Software Engineer Analyst at Bank of America ranges between ₹1,06,107 per month to ₹1,09,026 per month in India. The take-home salary calculation is based on the average Bank of America Software Engineer Analyst salary in India which ranges between ₹9.8 Lakhs to ₹18.1 Lakhs per year for employees with experience between 4 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bank of America Software Engineer Analysts reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of America Software Engineer Analyst Salaries

Bank of America Software Engineer Analyst salary in India ranges between ₹9.8 Lakhs to ₹18.1 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Bank of America latest salaries received from various employees of Bank of America.