Bank of America Chennai Software Engineer Analyst Salaries by 8 Employees (Updated 2025)

5 - 11 years exp.

₹9.8 Lakhs - ₹20.5 Lakhs

Salary of majority employees

163% more than the average Software Engineer Analyst Salary in Banking Companies for 5 - 11 years of experience

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Last Updated: 16 Mar 2023

Companies similar to Bank of America for Software Engineer Analyst in Chennai

Bank of America Software Engineer Analyst Salary

5 - 11 years exp. (8 salaries)

₹9.8 L/yr - ₹20.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Software Engineer Analyst Salary 1 - 6 years exp. (261 salaries)	₹4 L/yr - ₹10 L/yr 60% less
DHL IT Services Software Engineer Analyst Salary 3 - 7 years exp. (29 salaries)	₹5.1 L/yr - ₹11 L/yr 53% less
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Capgemini Software Engineer Analyst Salary 0 - 2 years exp. (20 salaries)	₹3 L/yr - ₹4.1 L/yr 75% less
TCS Software Engineer Analyst Salary 2 - 7 years exp. (18 salaries)	₹3.6 L/yr - ₹10.1 L/yr 62% less
HCLTech Software Engineer Analyst Salary 2 - 4 years exp. (9 salaries)	₹3 L/yr - ₹5.1 L/yr 74% less

Software Engineer Analyst salary at Bank of America ranges between ₹9.8 Lakhs to ₹20.5 Lakhs per year for employees with experience between 5 years to 11 years. Salary estimates are based on 8 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer Analyst salaries in Chennai

Last Updated: 16 Mar 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.2 L/yr - ₹14.1 L/yr
6 years (AmbitionBox Estimate)	₹9.8 L/yr - ₹25.3 L/yr
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7 years (AmbitionBox Estimate)	₹6.1 L/yr - ₹16 L/yr
8 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹29.3 L/yr
9 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹20 L/yr
10 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹33.3 L/yr
11 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹20.5 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

Salary - Good

+5 more

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.

Job security - Good

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

Promotions - Bad

+1 more

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 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

Job security - Good

Dislikes

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

Salary - Bad

+2 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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of America Software Engineer Analyst Salary FAQs

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

Software Engineer Analyst salary at Bank of America in Chennai ranges between ₹9.8 Lakhs to ₹20.5 Lakhs for experience between 5 years to 11 years. According to our estimates it is 163% more than the average Software Engineer Analyst Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Bank of America Chennai.

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

The average salary of a Software Engineer Analyst at Bank of America is 163% more than the average salary of a Software Engineer Analyst in Chennai. To know exact salary insights, login to view.

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

DHL IT Services Software Engineer Analyst Salary - ₹5.1 Lakhs to ₹11.0 Lakhs per year
Accenture Software Engineer Analyst Salary - ₹4.0 Lakhs to ₹10.0 Lakhs per year
TCS Software Engineer Analyst Salary - ₹3.6 Lakhs to ₹10.1 Lakhs per year
HCLTech Software Engineer Analyst Salary - ₹3.0 Lakhs to ₹5.1 Lakhs per year
Capgemini Software Engineer Analyst Salary - ₹3.0 Lakhs to ₹4.1 Lakhs per year

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

The estimated take-home salary of a Software Engineer Analyst at Bank of America ranges between ₹1,10,937 per month to ₹1,14,012 per month in Chennai. 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 ₹20.5 Lakhs per year for employees with experience between 5 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bank of America Software Engineer Analysts in Chennai 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 in Chennai

Bank of America Software Engineer Analyst salary in Chennai ranges between ₹9.8 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bank of America latest salaries received from various employees of Bank of America.