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Bank of America

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4.2

based on 3.2k Reviews

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Bank of America Software Engineer III salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
9 - 15 years exp.
₹20.8 Lakhs - ₹41.7 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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At par with the average Software Engineer III Salary in Banking Companies for 9 - 15 years of experience

Interested in this particular role? 8 job openings

Salaries in different departments

Engineering - Software & QA
Software Engineer III Salary
9 - 15 years exp. (22 salaries)
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₹20.8 L/yr - ₹41.7 L/yr

IT & Information Security
Software Engineer III Salary
10 - 15 years exp. (AmbitionBox Estimate)
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₹27.6 L/yr - ₹33.1 L/yr

Last Updated: 6 Mar 2025

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

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Bank of America Software Engineer III Salary

9 - 15 years exp. (31 salaries)
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₹20.8 L/yr - ₹41.7 L/yr

vs
Company name Avg Annual Salary Open Jobs
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FactSet Software Engineer III Salary

3 - 7 years exp. (225 salaries)
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₹9 L/yr - ₹23.4 L/yr

arrow icon 38% less
 4 job openings
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NCR Corporation Software Engineer III Salary

5 - 13 years exp. (139 salaries)
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₹13.5 L/yr - ₹33 L/yr

arrow icon 6% less
 19 job openings
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JPMorgan Chase & Co. Software Engineer III Salary

2 - 15 years exp. (138 salaries)
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₹25 L/yr - ₹46 L/yr

arrow icon 12% more
 64 job openings
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F5 Networks Software Engineer III Salary

5 - 10 years exp. (101 salaries)
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₹18.9 L/yr - ₹43 L/yr

arrow icon 1% less
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Walmart Software Engineer III Salary

2 - 10 years exp. (51 salaries)
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₹19.5 L/yr - ₹43 L/yr

arrow icon 4% more
 49 job openings
Software Engineer III salary at Bank of America ranges between ₹20.8 Lakhs to ₹41.7 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 31 latest salaries received from various employees of Bank of America.

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

1mo ago
₹41.7 Lakhs
12 years exp.
3mo ago
₹25 Lakhs
12 years exp.
3mo ago
₹25 Lakhs
11 years exp.
7mo ago
₹30.2 Lakhs
11 years exp.
7mo ago
₹31 Lakhs
10 years exp.
1y ago
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14 years exp.
1y ago
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10 years exp.
1y ago
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14 years exp.
1y ago
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12 years exp.
1y ago
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15 years exp.

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

Last Updated: 6 Mar 2025

Experience Avg Annual Salary
9 years (AmbitionBox Estimate)

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₹25.6 L/yr - ₹32.7 L/yr
10 years  (4 salaries)

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₹24 L/yr - ₹31 L/yr
11 years  (4 salaries)

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₹25 L/yr - ₹35 L/yr
12 years  (10 salaries)

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₹20.8 L/yr - ₹41.7 L/yr
13 years  (3 salaries)

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₹12.6 L/yr - ₹33.5 L/yr
View all

Similar Designation salaries in Bank of America

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₹10.8 L/yr - ₹28 L/yr
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₹4.3 L/yr - ₹14.1 L/yr
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₹6 L/yr - ₹9.6 L/yr
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(21 salaries)
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₹6.45 L/yr - ₹22 L/yr
Software Engineer II Salary
(20 salaries)
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₹10.7 L/yr - ₹25 L/yr
Scrum Master Salary
(12 salaries)
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₹15.2 L/yr - ₹42 L/yr
Technical Lead Salary
(9 salaries)
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₹22 L/yr - ₹30.18 L/yr
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(6 salaries)
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₹5 L/yr - ₹12 L/yr

Top skills at Bank of America for Software Engineer III

Risk Management Agile Risk Management Python Application Development SDLC SQL Troubleshooting SQL MVC Oracle Coding Unix Hibernate Scrum

Salary related reviews for Bank of America

2.9

Rated by 6 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

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

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.

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

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.

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

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

read more
  • 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.

read more
  • Job security - Excellent
    • +4 more

Dislikes

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

read more
see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (edited)
peacemaker
Verified Icon
·
works at
Georgia-Pacific
New offer. Confused.
My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?
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Bank of America Software Engineer III Salary FAQs

What is the salary of Software Engineer III at Bank of America in Hyderabad / Secunderabad?
The average salary of a Software Engineer III at Bank of America in Hyderabad / Secunderabad typically ranges from ₹20.8 Lakhs to ₹41.7 Lakhs per year, depending on experience (from 9 years to 15 years).

The top 10% of Software Engineer III in Hyderabad / Secunderabad at Bank of America earn more than ₹36.6 Lakhs per year, and the top 1% earn over ₹41.7 Lakhs per year. Software Engineer III 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 30+ Bank of America employees in India.
What is the estimated take home salary of a Software Engineer III at Bank of America in Hyderabad / Secunderabad?
The estimated take-home salary of a Software Engineer III at Bank of America in Hyderabad / Secunderabad typically ranges from ₹1,88,928 to ₹1,96,334 per month. This is based on the average salary range of ₹20.8 Lakhs to ₹41.7 Lakhs per year for employees with experience ranging from 9 years to 15 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 30+ 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 III at Bank of America in Hyderabad / Secunderabad?
To be a Software Engineer III at Bank of America in Hyderabad / Secunderabad, the key skills required include:

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

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 III in India?
JPMorgan Chase & Co. ₹25.0 Lakhs to ₹46.0 Lakhs per year
Walmart ₹19.5 Lakhs to ₹43.0 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 III in companies similar to Bank of America in Hyderabad / Secunderabad?
The salary of a Software Engineer III at companies similar to Bank of America in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

F5 Networks ₹18.9 Lakhs to ₹43.0 Lakhs per year
NCR Corporation ₹13.5 Lakhs to ₹33.0 Lakhs per year
FactSet ₹9.0 Lakhs to ₹23.4 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 III at Bank of America in Hyderabad / Secunderabad?
The salary growth for a Software Engineer III at Bank of America in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Software Engineer III in Hyderabad / Secunderabad can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
9 years ₹25.6 Lakhs to ₹32.7 Lakhs per year
10 years ₹24.0 Lakhs to ₹31.0 Lakhs per year
11 years ₹25.0 Lakhs to ₹35.0 Lakhs per year
12 years ₹20.8 Lakhs to ₹41.7 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of America Software Engineer III salary in Hyderabad / Secunderabad ranges between ₹20.8 Lakhs to ₹41.7 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 31 Bank of America latest salaries received from various employees of Bank of America.