Bank of America Mumbai Software Engineer III Salaries by 10+ Employees (Updated 2025)

9 - 15 years exp.

₹23 Lakhs - ₹40.5 Lakhs

Salary of majority employees

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

Interested in this particular role? 5 job openings

Salaries in different departments

Engineering - Software & QA Software Engineer III Salary 9 - 15 years exp. (8 salaries)	₹23 L/yr - ₹40.5 L/yr
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IT & Information Security Software Engineer III Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹31 L/yr - ₹34.6 L/yr

Last Updated: 8 Jan 2025

Companies similar to Bank of America for Software Engineer III in Mumbai

Bank of America Software Engineer III Salary

9 - 15 years exp. (12 salaries)

₹23 L/yr - ₹40.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Google Software Engineer III Salary 1 - 6 years exp. (4 salaries)	₹40.9 L/yr - ₹60 L/yr 70% more
JPMorgan Chase & Co. Software Engineer III Salary 2 - 14 years exp. (90 salaries)	₹17 L/yr - ₹44 L/yr 3% more	42 job openings
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Morgan Stanley Software Engineer III Salary 2 - 7 years exp. (7 salaries)	₹20 L/yr - ₹40 L/yr 13% less
BA Continuum Software Engineer III Salary 10 - 17 years exp. (11 salaries)	₹19.2 L/yr - ₹39.4 L/yr 6% less
Shaadi.com Software Engineer III Salary 3 - 4 years exp. (9 salaries)	₹12 L/yr - ₹34.8 L/yr 40% less

Software Engineer III salary at Bank of America ranges between ₹23 Lakhs to ₹40.5 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 12 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer III salaries in Mumbai

Last Updated: 8 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹23 L/yr - ₹55 L/yr
10 years (4 salaries)	₹25 L/yr - ₹39 L/yr
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11 years (AmbitionBox Estimate)	₹26 L/yr - ₹57.4 L/yr
12 years (AmbitionBox Estimate)	₹30.3 L/yr - ₹58.6 L/yr
13 years (AmbitionBox Estimate)	₹29.9 L/yr - ₹38.2 L/yr
14 years (AmbitionBox Estimate)	₹32 L/yr - ₹37.7 L/yr
15+ years (AmbitionBox Estimate)	₹32 L/yr - ₹40.5 L/yr

View all

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Top skills at Bank of America for Software Engineer III

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

Salary related reviews for Bank of America

4.0

Rated by 2 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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Top trending discussions

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of America Software Engineer III Salary FAQs

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

Software Engineer III salary at Bank of America in Mumbai ranges between ₹23.0 Lakhs to ₹40.5 Lakhs for experience between 9 years to 15 years. According to our estimates it is 1% more than the average Software Engineer III Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Bank of America Mumbai.

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

The average salary of a Software Engineer III at Bank of America is 1% more than the average salary of a Software Engineer III in Mumbai. To know exact salary insights, login to view.

What are the top skills required to work as a Software Engineer III at Bank of America?

Risk Management, Agile, Python, Application Development and Risk Management are some of the popular skills required to work as a Software Engineer III at Bank of America Mumbai.

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

Google Software Engineer III Salary - ₹40.9 Lakhs to ₹60.0 Lakhs per year
JPMorgan Chase & Co. Software Engineer III Salary - ₹17.0 Lakhs to ₹44.0 Lakhs per year

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

BA Continuum Software Engineer III Salary - ₹19.2 Lakhs to ₹39.4 Lakhs per year
Morgan Stanley Software Engineer III Salary - ₹20.0 Lakhs to ₹40.0 Lakhs per year
Shaadi.com Software Engineer III Salary - ₹12.0 Lakhs to ₹34.8 Lakhs per year

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

The estimated take-home salary of a Software Engineer III at Bank of America ranges between ₹1,98,560 per month to ₹2,06,401 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Software Engineer III salary in India which ranges between ₹23.0 Lakhs to ₹40.5 Lakhs per year for employees with experience between 9 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer III at Bank of America in Mumbai?

According to AmbitionBox, 100% of the Bank of America Software Engineer IIIs in Mumbai reported a notice period of 2 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Bank of America Software Engineer III Salaries in Mumbai

Bank of America Software Engineer III salary in Mumbai ranges between ₹23 Lakhs to ₹40.5 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.