Bank of America Chennai Software Engineer Team Leader Salaries by 5 Employees (Updated 2025)

8 - 11 years exp.

₹19.2 Lakhs - ₹23.8 Lakhs

Salary of majority employees

Fixed (100%)

₹20.7 Lakhs

Variable (0%)

₹0.0

9% 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 in Chennai

Bank of America Software Engineer Team Leader Salary

8 - 11 years exp. (5 salaries)

₹19.2 L/yr - ₹23.8 L/yr

Company name	Avg Annual Salary	Open Jobs
Accenture Software Engineer Team Leader Salary 6 - 14 years exp. (214 salaries)	₹8 L/yr - ₹26.5 L/yr 9% less
Capgemini Software Engineer Team Leader Salary 5 - 9 years exp. (7 salaries)	₹8.5 L/yr - ₹18 L/yr 44% less
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Fidelity Investments Software Engineer Team Leader Salary 5 - 10 years exp. (6 salaries)	₹13.2 L/yr - ₹28.8 L/yr 8% more
Verizon Software Engineer Team Leader Salary 7 - 10 years exp. (5 salaries)	₹13.5 L/yr - ₹29.6 L/yr At par
Cognizant Software Engineer Team Leader Salary 8 - 13 years exp. (5 salaries)	₹10 L/yr - ₹15.9 L/yr 27% 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 in Chennai

Last Updated: 26 Oct 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.3 L/yr
9 years (AmbitionBox Estimate)	₹17.3 L/yr - ₹22.1 L/yr
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10 years (AmbitionBox Estimate)	₹21.4 L/yr - ₹27.4 L/yr
11 years (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 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

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.

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.

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

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

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

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.

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

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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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 Chennai?

Software Engineer Team Leader salary at Bank of America in Chennai ranges between ₹19.2 Lakhs to ₹23.8 Lakhs for experience between 8 years to 11 years. According to our estimates it is 9% 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 Chennai.

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

The average salary of a Software Engineer Team Leader at Bank of America is 9% more than the average salary of a Software Engineer Team Leader in Chennai. 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 Chennai?

Fidelity Investments Software Engineer Team Leader Salary - ₹13.2 Lakhs to ₹28.8 Lakhs per year
Verizon Software Engineer Team Leader Salary - ₹13.5 Lakhs to ₹29.6 Lakhs per year

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

Accenture Software Engineer Team Leader Salary - ₹8.0 Lakhs to ₹26.5 Lakhs per year
Cognizant Software Engineer Team Leader Salary - ₹10.0 Lakhs to ₹15.9 Lakhs per year
Capgemini Software Engineer Team Leader Salary - ₹8.5 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Software Engineer Team Leader at Bank of America ranges between ₹1,35,698 per month to ₹1,40,697 per month in Chennai. 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 in Chennai?

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

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Bank of America Software Engineer Team Leader Salaries in Chennai

Bank of America Software Engineer Team Leader salary in Chennai 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.

Bank of America Software Engineer Team Leader salaries in Chennai

Companies similar to Bank of America for Software Engineer Team Leader in Chennai

Latest annual salaries shared by Bank of America Software Engineer Team Leader in Chennai

Experience wise Bank of America Software Engineer Team Leader salaries in Chennai

Similar Designation salaries in Bank of America

Salary related reviews for Bank of America

Software Developer in Chennai

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Bank of America Software Engineer Team Leader Salary FAQs

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