Bank of America Software Engineer Team Leader Salaries by 5 Employees (Updated 2024)

8 - 11 years exp.

₹19.2 Lakhs - ₹23.8 Lakhs

Low Confidence

Salary of majority employees

16% more than the average Software Engineer Team Leader Salary in Banking Companies for 8 - 11 years of experience

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Last Updated: 26 Oct 2024

Companies similar to Bank of America for Software Engineer Team Leader

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Engineer Team Leader Salary 9 - 15 years exp. (11 salaries)	₹19.5 L/yr - ₹36 L/yr 38% more
Wells Fargo Software Engineer Team Leader Salary 7 - 17 years exp. (7 salaries)	₹18.6 L/yr - ₹50 L/yr 55% more
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Accenture Software Engineer Team Leader Salary 6 - 13 years exp. (2.1k salaries)	₹9.5 L/yr - ₹27.5 L/yr 14% less
Amdocs Software Engineer Team Leader Salary 5 - 11 years exp. (91 salaries)	₹11.2 L/yr - ₹30.5 L/yr 4% more	1 job opening
Persistent Systems Software Engineer Team Leader Salary 4 - 13 years exp. (48 salaries)	₹8.6 L/yr - ₹16.5 L/yr 36% less

Software Engineer Team Leader salary at Bank of America ranges between ₹19.2 Lakhs to ₹23.8 Lakhs per year for employees with experience between 8 years to 11 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer Team Leader salaries

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹19.5 L/yr
9 years (AmbitionBox Estimate)	₹19.2 L/yr - ₹36.7 L/yr
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10 years (AmbitionBox Estimate)	₹8.5 L/yr - ₹23.8 L/yr
11 years (AmbitionBox Estimate)	₹22 L/yr - ₹40.1 L/yr

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Salary related reviews for Bank of America

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.

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.

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

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What people are saying about Bank of America

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cleanhakuna

1w (edited)

student at

Institute of Management Nirma University, Ahmedabad

Career advise for early years

Hi folks!! Want one advise for my early years in corporate. I am 23 yrs old and I am working in BofA for couple of years now and this is my first job. I have deep interest and skills to excel in core finance role (investment management) but the role at BofA is completely unrelated to it. To prove my metal, I have cleared CFA level 1&2 in my first attempt with top percentile (+MBA) but kind of stuck for right opportunity. Can anyone advise how should I approach to making a shift to my desired work (asset mgt)?

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Bank of America Software Engineer Team Leader Salary FAQs

What is the salary of Software Engineer Team Leader at Bank of America?

Software Engineer Team Leader salary at Bank of America in India ranges between ₹19.2 Lakhs to ₹23.8 Lakhs for experience between 8 years to 11 years. According to our estimates it is 16% more than the average Software Engineer Team Leader Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Bank of America India.

How does the salary of a Software Engineer Team Leader at Bank of America India compare with the average salary range for this job?

The average salary of a Software Engineer Team Leader at Bank of America is 16% more than the average salary of a Software Engineer Team Leader in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Software Engineer Team Leader in India?

Wells Fargo Software Engineer Team Leader Salary - ₹18.6 Lakhs to ₹50.0 Lakhs per year
JPMorgan Chase & Co. Software Engineer Team Leader Salary - ₹19.5 Lakhs to ₹36.0 Lakhs per year
Amdocs Software Engineer Team Leader Salary - ₹11.2 Lakhs to ₹30.5 Lakhs per year

What is the salary of a Software Engineer Team Leader in companies similar to Bank of America in India?

Accenture Software Engineer Team Leader Salary - ₹9.5 Lakhs to ₹27.5 Lakhs per year
Persistent Systems Software Engineer Team Leader Salary - ₹8.6 Lakhs to ₹16.5 Lakhs per year

What is the estimated take home salary of a Software Engineer Team Leader at Bank of America in India?

The estimated take-home salary of a Software Engineer Team Leader at Bank of America ranges between ₹1,36,446 per month to ₹1,41,479 per month in India. The take-home salary calculation is based on the average Bank of America Software Engineer Team Leader salary in India which ranges between ₹19.2 Lakhs to ₹23.8 Lakhs per year for employees with experience between 8 years to 11 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer Team Leader at Bank of America?

According to AmbitionBox, 100% of the Bank of America Software Engineer Team Leaders reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

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Bank of America Software Engineer Team Leader Salaries

Bank of America Software Engineer Team Leader salary in India ranges between ₹19.2 Lakhs to ₹23.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.