Bank of America New Delhi Software Engineer Level 1 Salaries by 3 Employees (Updated 2025)

2 - 3 years exp.

₹9.5 Lakhs - ₹13.5 Lakhs

Low Confidence

Salary of majority employees

9% more than the average Software Engineer Level 1 Salary in Banking Companies for 2 - 3 years of experience

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Last Updated: 1 Feb 2025

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

Bank of America Software Engineer Level 1 Salary

2 - 3 years exp. (3 salaries)

₹9.5 L/yr - ₹13.5 L/yr

Company name	Avg Annual Salary	Open Jobs
MAQ Software Software Engineer Level 1 Salary 0 - 3 years exp. (37 salaries)	₹7 L/yr - ₹12.7 L/yr 10% less
Chegg Software Engineer Level 1 Salary 0 - 4 years exp. (11 salaries)	₹13 L/yr - ₹23.6 L/yr 68% more
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FIS Software Engineer Level 1 Salary 2 - 5 years exp. (10 salaries)	₹5.6 L/yr - ₹10.1 L/yr 21% less
HashedIn by Deloitte Software Engineer Level 1 Salary 0 - 3 years exp. (9 salaries)	₹7.6 L/yr - ₹10 L/yr 14% less
Samsung Research Software Engineer Level 1 Salary 1 - 4 years exp. (8 salaries)	₹10.6 L/yr - ₹17 L/yr 43% more

Software Engineer Level 1 salary at Bank of America ranges between ₹9.5 Lakhs to ₹13.5 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer Level 1 salaries in New Delhi

Last Updated: 1 Feb 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
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3 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.7 L/yr

From

Software Engineer Level 1

₹

Lakhs/yr

1 - 4 years exp.

Software Engineer III

₹

Lakhs/yr

9 - 15 years exp.

Software Engineer Level 1 1 - 4 years exp.

Software Engineer2 5 - 12 years exp.

106% hike

Software Engineer III 9 - 15 years exp.

47% 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

(3 salaries)

₹12.9 L/yr - ₹15.4 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 Cucumber Automation Testing MVC Automation

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.

Salary - Good

+5 more

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

Salary - Excellent

+1 more

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.

Assistant Vice President in Mumbai

Full Time

Project & Program Management Department

2.0

• posted on 16 Mar 2025

2.0

for Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

Salary - Poor

+4 more

Manager in Mumbai

Full Time

Other Department

5.0

• posted on 13 Feb 2025

5.0

for Salary and Benefits

Likes

... 8 lacks. Insurance for parents/aws. Sodexo food card with 1300 monthly balance. Yearly bonus. Cab facility if you are not availing it can be get transport allowance upto 1800 monthly.

Salary - Excellent

+6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

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

Salary - Bad

+3 more

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I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of America Software Engineer Level 1 Salary FAQs

How the salary growth look like for a Software Engineer Level 1 at Bank of America in New Delhi?

The salary growth for a Software Engineer Level 1 at Bank of America in New Delhi depends on factors such as experience, performance, and promotions. On average, a Software Engineer Level 1 in New Delhi can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
2 years	₹9.3 Lakhs to ₹11.9 Lakhs per year
3 years	₹9.9 Lakhs to ₹12.7 Lakhs per year

and so on.

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Bank of America Software Engineer Level 1 Salaries in New Delhi

Bank of America Software Engineer Level 1 salary in New Delhi ranges between ₹9.5 Lakhs to ₹13.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of America latest salaries received from various employees of Bank of America.