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

Annual salary range
6 - 11 years exp.
₹9 Lakhs - ₹29.5 Lakhs
Salary of majority employees
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28% more than the average Software Engineer II Salary in Banking Companies for 6 - 11 years of experience

Interested in this particular role? 2 job openings

Last Updated: 28 Feb 2025

Companies similar to Bank of America for Software Engineer II

Company name Avg Annual Salary Open Jobs
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NatWest Group Software Engineer II Salary

4 - 8 years exp. (4 salaries)

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₹13 L/yr - ₹18.5 L/yr

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ICICI Bank Software Engineer II Salary

4 - 8 years exp. (3 salaries)

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₹30 L/yr - ₹36 L/yr

arrow icon 59% more
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Barclays Software Engineer II Salary

3 - 5 years exp. (3 salaries)

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₹12 L/yr - ₹17 L/yr

arrow icon 33% less
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Oracle Cerner Software Engineer II Salary

2 - 6 years exp. (300 salaries)

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₹7.5 L/yr - ₹13.3 L/yr

arrow icon 50% less
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FIS Software Engineer II Salary

4 - 8 years exp. (271 salaries)

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₹6.5 L/yr - ₹19 L/yr

arrow icon 36% less
Software Engineer II salary at Bank of America ranges between ₹9 Lakhs to ₹29.5 Lakhs per year for employees with experience between 6 years to 11 years. Salary estimates are based on 164 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Software Engineer II

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9 years exp.
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11 years exp.
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Experience wise Bank of America Software Engineer II salaries

Last Updated: 28 Feb 2025

Experience Avg Annual Salary
6 years  (34 salaries)

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₹9 L/yr - ₹25 L/yr
7 years  (39 salaries)

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₹9 L/yr - ₹26.5 L/yr
8 years  (34 salaries)

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₹10.7 L/yr - ₹26 L/yr
9 years  (30 salaries)

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₹14.7 L/yr - ₹28.5 L/yr
10 years  (18 salaries)

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₹17 L/yr - ₹29.5 L/yr
View all

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Top skills at Bank of America for Software Engineer II

Risk Management Python Agile Application Development Troubleshooting Coding Configuration management SDLC Asset Management Information Security Network Security Networking Unix Talent Acquisition Linux

Salary related reviews for Bank of America

4.1

Rated by 30 employees for salary & benefits

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.

read more
  • 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

read more
  • Promotions - Bad
  • +1 more

Engineering - Software & QA Department

4.0
  •  posted on 26 Sep 2021

3.0
 for  Salary and Benefits

Likes

The Work culture-- work life balance is good and my managers are always accommodating and friendly. Transport (pre pandemic) was a plus in the company especially for women associates. Encouragement to learn, innovate makes it a great place to work.

read more
  • Job security - Excellent
  • +4 more

Dislikes

Nothing to dislike. Salary/ pay may not be on par with the competitors. Being a banking sector the adoption of technology has lot of restrictions, so new technology adaption will be behind compared to tech companies.

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
  • Salary - Good
  • +5 more

Dislikes

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

read more

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.

read more
  • 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

read more
  • Salary - Bad
  • +4 more

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

read more
  • Job security - Good

Dislikes

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

  • Salary - Bad
  • +2 more
see more salary related reviews

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Bank of America Software Engineer II Salary FAQs

What is the salary of Software Engineer II at Bank of America ?
The average salary of a Software Engineer II at Bank of America in India typically ranges from ₹9.0 Lakhs to ₹29.5 Lakhs per year, depending on experience (from 6 years to 11 years).

The top 10% of Software Engineer II at Bank of America earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹28.9 Lakhs per year. Software Engineer II Salaries at Bank of America can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ Bank of America employees in India.
What is the estimated take home salary of a Software Engineer II at Bank of America in India?
The estimated take-home salary of a Software Engineer II at Bank of America in India typically ranges from ₹1,38,787 to ₹1,43,926 per month. This is based on the average salary range of ₹9.0 Lakhs to ₹29.5 Lakhs per year for employees with experience ranging from 6 years to 11 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Engineer II at Bank of America ?
To be a Software Engineer II at Bank of America in india, the key skills required include:

  • - Risk Management
  • - Python
  • - Agile
  • - Application Development
  • - Troubleshooting

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bank of America for Software Engineer II in India?
ICICI Bank ₹30.0 Lakhs to ₹36.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.
What is the salary of a Software Engineer II in companies similar to Bank of America in India?
The salary of a Software Engineer II at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

NatWest Group ₹13.0 Lakhs to ₹18.5 Lakhs per year
Barclays ₹12.0 Lakhs to ₹17.0 Lakhs per year
FIS ₹6.5 Lakhs to ₹19.0 Lakhs per year
Oracle Cerner ₹7.5 Lakhs to ₹13.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Software Engineer II at Bank of America in India?
The salary growth for a Software Engineer II at Bank of America depends on factors such as experience, performance, and promotions. On average, a Software Engineer II can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
6 years ₹9.0 Lakhs to ₹25.0 Lakhs per year
7 years ₹9.0 Lakhs to ₹26.5 Lakhs per year
8 years ₹10.7 Lakhs to ₹26.0 Lakhs per year
9 years ₹14.7 Lakhs to ₹28.5 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of America Software Engineer II salary in India ranges between ₹9 Lakhs to ₹29.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 164 Bank of America latest salaries received from various employees of Bank of America.