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Bank of America

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4.3

based on 2.9k Reviews

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Bank of America Software Engineer Level 1 salaries in Bangalore / Bengaluru

Annual salary range
3 - 4 years exp.
₹9 Lakhs - ₹15.5 Lakhs
Salary of majority employees
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12% more than the average Software Engineer Level 1 Salary in Banking Companies for 3 - 4 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA
Software Engineer Level 1 Salary
3 - 4 years exp. (3 salaries)
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₹9 L/yr - ₹15.5 L/yr

Data Science & Analytics
Software Engineer Level 1 Salary
3 years exp. (AmbitionBox Estimate)
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₹10.8 L/yr - ₹12 L/yr

Last Updated: 23 Oct 2024

Companies similar to Bank of America for Software Engineer Level 1 in Bangalore / Bengaluru

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Bank of America Software Engineer Level 1 Salary

3 - 4 years exp. (4 salaries)
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₹9 L/yr - ₹15.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Microsoft Corporation Software Engineer Level 1 Salary

1 - 2 years exp. (4 salaries)
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₹15 L/yr - ₹45 L/yr

arrow icon 145% more
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Amazon Software Engineer Level 1 Salary

0 - 3 years exp. (4 salaries)
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₹14 L/yr - ₹29 L/yr

arrow icon 92% more
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Oracle Software Engineer Level 1 Salary

1 - 4 years exp. (12 salaries)
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₹7 L/yr - ₹17.5 L/yr

arrow icon 9% less
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Adobe Software Engineer Level 1 Salary

4 - 8 years exp. (3 salaries)
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₹13.5 L/yr - ₹14.5 L/yr

arrow icon 20% more
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Cisco Software Engineer Level 1 Salary

1 - 3 years exp. (7 salaries)
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₹8.3 L/yr - ₹20 L/yr

arrow icon 43% more
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Accenture Software Engineer Level 1 Salary

2 - 6 years exp. (8 salaries)
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₹5.6 L/yr - ₹11.5 L/yr

arrow icon 43% less
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JPMorgan Chase & Co. Software Engineer Level 1 Salary

1 - 5 years exp. (29 salaries)
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₹11 L/yr - ₹20.5 L/yr

arrow icon 42% more
 1 job opening
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Goldman Sachs Software Engineer Level 1 Salary

2 - 4 years exp. (3 salaries)
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₹30 L/yr - ₹37.2 L/yr

arrow icon 185% more
Software Engineer Level 1 salary at Bank of America ranges between ₹9 Lakhs to ₹15.5 Lakhs per year for employees with experience between 3 years to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Software Engineer Level 1 in Bangalore / Bengaluru

3mo ago
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3 years exp.
4mo ago
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4 years exp.
8mo ago
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3 years exp.
1y ago
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3 years exp.

Experience wise Bank of America Software Engineer Level 1 salaries in Bangalore / Bengaluru

Last Updated: 23 Oct 2024

Experience Avg Annual Salary
3 years  (3 salaries)

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₹9 L/yr - ₹12 L/yr
4 years (AmbitionBox Estimate)

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₹5.5 L/yr - ₹15.5 L/yr
Bank of America Software Engineer Level 1 Salary and Career Growth

From

To

Software Engineer Level 1

₹unlock blur Lakhs/yr

1 - 4 years exp.

Software Engineer III

₹unlock blur Lakhs/yr

9 - 15 years exp.

Software Engineer Level 1 1 - 4 years exp.
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Software Engineer2 6 - 12 years exp.
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arrow icon 99% hike
    Software Engineer III 9 - 15 years exp.
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    arrow icon 49% 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.

    Similar Designation salaries in Bank of America

    Software Developer Salary
    (4 salaries)
    unlock blur
    ₹6.8 L/yr - ₹23.77 L/yr

    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.

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    Software Developer in Chennai

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     · 

    Engineering - Software & QA Department

    4.0
      •  posted on 15 Sep 2023
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    ... 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

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    • Salary - Excellent
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    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.

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    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

    • Job security - Good

    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

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    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

    read more
    • Salary - Excellent

    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

    read more
    • Skill development - Bad
      +4 more

    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.

    read more
    • Job security - Excellent
      +3 more

    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

    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)
    a senior quality lead
    Offer letter - Accepted
    Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?
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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 Bangalore / Bengaluru?
    Software Engineer Level 1 salary at Bank of America in Bangalore / Bengaluru ranges between ₹9.0 Lakhs to ₹15.5 Lakhs for experience between 3 years to 4 years. According to our estimates it is 12% 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 Bangalore / Bengaluru.
    How does the salary of a Software Engineer Level 1 at Bank of America Bangalore / Bengaluru compare with the average salary range for this job?
    The average salary of a Software Engineer Level 1 at Bank of America is 12% more than the average salary of a Software Engineer Level 1 in Bangalore / Bengaluru. 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 Bangalore / Bengaluru.
    Which similar companies are paying more than Bank of America to a Software Engineer Level 1 in Bangalore / Bengaluru?
    • Goldman Sachs Software Engineer Level 1 Salary - ₹30.0 Lakhs to ₹37.2 Lakhs per year
    • Microsoft Corporation Software Engineer Level 1 Salary - ₹15.0 Lakhs to ₹45.0 Lakhs per year
    • Amazon Software Engineer Level 1 Salary - ₹14.0 Lakhs to ₹29.0 Lakhs per year
    • Cisco Software Engineer Level 1 Salary - ₹8.3 Lakhs to ₹20.0 Lakhs per year
    • JPMorgan Chase & Co. Software Engineer Level 1 Salary - ₹11.0 Lakhs to ₹20.5 Lakhs per year
    What is the salary of a Software Engineer Level 1 in companies similar to Bank of America in Bangalore / Bengaluru?
    • Adobe Software Engineer Level 1 Salary - ₹13.5 Lakhs to ₹14.5 Lakhs per year
    • Oracle Software Engineer Level 1 Salary - ₹7.0 Lakhs to ₹17.5 Lakhs per year
    • Accenture Software Engineer Level 1 Salary - ₹5.6 Lakhs to ₹11.5 Lakhs per year
    What is the estimated take home salary of a Software Engineer Level 1 at Bank of America in Bangalore / Bengaluru?
    The estimated take-home salary of a Software Engineer Level 1 at Bank of America ranges between ₹81,168 per month to ₹83,284 per month in Bangalore / Bengaluru. The take-home salary calculation is based on the average Bank of America Software Engineer Level 1 salary in India which ranges between ₹9.0 Lakhs to ₹15.5 Lakhs per year for employees with experience between 3 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 Bangalore / Bengaluru?
    According to AmbitionBox, 50% of the Bank of America Software Engineer Level 1s in Bangalore / Bengaluru reported a notice period of 1 Month, 50% reported a notice period of 2 Months.This is based on 2 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Bank of America Software Engineer Level 1 salary in Bangalore / Bengaluru ranges between ₹9 Lakhs to ₹15.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.