Bank of America Ahmedabad Software Engineer Level 1 Salaries by 4 Employees (Updated 2025)

2 - 4 years exp.

₹10 Lakhs - ₹15 Lakhs

Salary of majority employees

15% more than the average Software Engineer Level 1 Salary in Banking Companies for 2 - 4 years of experience

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Last Updated: 4 Nov 2024

Companies similar to Bank of America for Software Engineer Level 1 in Ahmedabad

Bank of America Software Engineer Level 1 Salary

2 - 4 years exp. (4 salaries)

₹10 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Maruti Techlabs Software Engineer Level 1 Salary 1 - 4 years exp. (10 salaries)	₹6.6 L/yr - ₹8.4 L/yr 32% less
Sophos Technologies Software Engineer Level 1 Salary 2 - 5 years exp. (6 salaries)	₹9.2 L/yr - ₹12.5 L/yr 4% less
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Lucent Innovation Software Engineer Level 1 Salary 1 - 2 years exp. (5 salaries)	₹4 L/yr - ₹5 L/yr 61% less
IndiaNIC Infotech Software Engineer Level 1 Salary 1 - 6 years exp. (4 salaries)	₹2.9 L/yr - ₹6.1 L/yr 64% less
Asite Solutions Software Engineer Level 1 Salary 5 - 6 years exp. (3 salaries)	₹13 L/yr - ₹16.2 L/yr 32% more

Software Engineer Level 1 salary at Bank of America ranges between ₹10 Lakhs to ₹15 Lakhs per year for employees with experience between 2 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer Level 1 salaries in Ahmedabad

Last Updated: 4 Nov 2024

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹10 L/yr - ₹19.6 L/yr
3 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12 L/yr
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4 years (AmbitionBox Estimate)	₹12 L/yr - ₹15 L/yr

From

Software Engineer Level 1

₹

Lakhs/yr

1 - 4 years exp.

Software Engineer III

₹

Lakhs/yr

8 - 16 years exp.

Software Engineer Level 1 1 - 4 years exp.

Software Engineer2 5 - 12 years exp.

104% hike

Software Engineer III 8 - 16 years exp.

53% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Top skills at Bank of America for Software Engineer Level 1

SQL Python Unix SOA Informatica Risk Management Oracle Project Management SyBase Agile Technical Support Automation Testing MVC Automation Coding

Salary related reviews for Bank of America

Software Engineer Level 1 in Mumbai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 18 Nov 2023

4.0

for Salary and Benefits

Likes

Nice work life balance. Good people and decent management. Not the best but you can survive. Good opportunities to learn new tech.

Dislikes

Won't pay you well and very conservative as all banks are. Good opportunity to learn new tech, but won't get an opportunity to apply and use those learnings as they kind of have a phobia of new tech adoption.

Software Developer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

Team Member in New Delhi

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Oct 2024

1.0

for Salary and Benefits

Likes

Nodal Pickup and home drop- both side cab

Dislikes

Salary× Promotion /ratings× Hike doesn't even cover the inflation rates Some processes are good but mine was the worst Won't hire people even if we have loads of volumes for atleast 11 months a year. Indirectly pressure the employees to extend without any extra pay No night allowance Cafeteria is quite expensive for the allowance we are provided- 1300 per month Overcrowded workspaces No trips No outings

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

see more salary related reviews

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Bank of America Software Engineer Level 1 Salary FAQs

What is the salary of Software Engineer Level 1 at Bank of America Ahmedabad?

Software Engineer Level 1 salary at Bank of America in Ahmedabad ranges between ₹10.0 Lakhs to ₹15.0 Lakhs for experience between 2 years to 4 years. According to our estimates it is 15% more than the average Software Engineer Level 1 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of America Ahmedabad.

How does the salary of a Software Engineer Level 1 at Bank of America Ahmedabad compare with the average salary range for this job?

The average salary of a Software Engineer Level 1 at Bank of America is 15% more than the average salary of a Software Engineer Level 1 in Ahmedabad. To know exact salary insights, login to view.

What are the top skills required to work as a Software Engineer Level 1 at Bank of America?

SQL, Python, Unix, SOA and Informatica are some of the popular skills required to work as a Software Engineer Level 1 at Bank of America Ahmedabad.

Which similar companies are paying more than Bank of America to a Software Engineer Level 1 in Ahmedabad?

Asite Solutions Software Engineer Level 1 Salary - ₹13.0 Lakhs to ₹16.2 Lakhs per year

What is the salary of a Software Engineer Level 1 in companies similar to Bank of America in Ahmedabad?

Sophos Technologies Software Engineer Level 1 Salary - ₹9.2 Lakhs to ₹12.5 Lakhs per year
Maruti Techlabs Software Engineer Level 1 Salary - ₹6.6 Lakhs to ₹8.4 Lakhs per year
Lucent Innovation Software Engineer Level 1 Salary - ₹4.0 Lakhs to ₹5.0 Lakhs per year
IndiaNIC Infotech Software Engineer Level 1 Salary - ₹2.9 Lakhs to ₹6.1 Lakhs per year

What is the estimated take home salary of a Software Engineer Level 1 at Bank of America in Ahmedabad?

The estimated take-home salary of a Software Engineer Level 1 at Bank of America ranges between ₹80,405 per month to ₹82,499 per month in Ahmedabad. The take-home salary calculation is based on the average Bank of America Software Engineer Level 1 salary in India which ranges between ₹10.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 2 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer Level 1 at Bank of America in Ahmedabad?

According to AmbitionBox, 100% of the Bank of America Software Engineer Level 1s in Ahmedabad reported a notice period of 2 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Bank of America Software Engineer Level 1 Salaries in Ahmedabad

Bank of America Software Engineer Level 1 salary in Ahmedabad ranges between ₹10 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.