Bank of America Chennai Software Engineer Salaries by 300+ Employees (Updated 2025)

1 - 12 years exp.

₹6.9 Lakhs - ₹26 Lakhs

Salary of majority employees

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122% more than the average Software Engineer Salary in Banking Companies for 1 - 12 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 1 - 12 years exp. (270 salaries)	Unlock ₹6.8 L/yr - ₹26.2 L/yr
Data Science & Analytics Software Engineer Salary 1 - 12 years exp. (16 salaries)	Unlock ₹7 L/yr - ₹22 L/yr
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IT & Information Security Software Engineer Salary 1 - 10 years exp. (13 salaries)	Unlock ₹7 L/yr - ₹27 L/yr

Last Updated: 10 Mar 2025

Companies similar to Bank of America for Software Engineer in Chennai

Bank of America Software Engineer Salary

1 - 12 years exp. (328 salaries)

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₹6.9 L/yr - ₹26 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Engineer Salary 3 - 7 years exp. (7 salaries)	Unlock ₹4.8 L/yr - ₹13 L/yr 54% less
IndusInd Bank Software Engineer Salary 3 - 7 years exp. (4 salaries)	Unlock ₹2.1 L/yr - ₹7.5 L/yr 63% less
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Yes Bank Software Engineer Salary 2 - 4 years exp. (4 salaries)	Unlock ₹2.6 L/yr - ₹8.7 L/yr 69% less
Standard Chartered Software Engineer Salary 1 - 10 years exp. (44 salaries)	Unlock ₹5.2 L/yr - ₹14 L/yr 29% less
NatWest Group Software Engineer Salary 0 - 12 years exp. (146 salaries)	Unlock ₹8 L/yr - ₹26 L/yr 4% more
Barclays Software Engineer Salary 0 - 6 years exp. (9 salaries)	Unlock ₹5.7 L/yr - ₹19 L/yr 15% less
Equitas Small Finance Bank Software Engineer Salary 2 - 4 years exp. (6 salaries)	Unlock ₹2.9 L/yr - ₹5.1 L/yr 80% less

Software Engineer salary at Bank of America ranges between ₹6.9 Lakhs to ₹26 Lakhs per year for employees with experience between 1 year to 12 years. Salary estimates are based on 328 latest salaries received from various employees of Bank of America.

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

1d ago

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7 years exp.

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10 years exp.

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7 years exp.

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10 years exp.

6d ago

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3 years exp.

6d ago

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3 years exp.

1w ago

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4 years exp.

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2 years exp.

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4 years exp.

Experience wise Bank of America Software Engineer salaries in Chennai

Last Updated: 10 Mar 2025

Experience	Avg Annual Salary
1 year (21 salaries)	Unlock ₹5 L/yr - ₹11 L/yr
2 years (45 salaries)	Unlock ₹5 L/yr - ₹16.8 L/yr
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3 years (40 salaries)	Unlock ₹6 L/yr - ₹16.8 L/yr
4 years (27 salaries)	Unlock ₹6.1 L/yr - ₹15 L/yr
5 years (46 salaries)	Unlock ₹7.5 L/yr - ₹23 L/yr
6 years (47 salaries)	Unlock ₹8 L/yr - ₹25 L/yr
7 years (42 salaries)	Unlock ₹8.8 L/yr - ₹25 L/yr
8 years (27 salaries)	Unlock ₹13 L/yr - ₹26 L/yr
9 years (19 salaries)	Unlock ₹13.5 L/yr - ₹35.2 L/yr
10 years (7 salaries)	Unlock ₹18.5 L/yr - ₹37.8 L/yr
11 years (4 salaries)	Unlock ₹13.4 L/yr - ₹41.9 L/yr
12 years (3 salaries)	Unlock ₹19.6 L/yr - ₹28 L/yr

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Similar Designation salaries in Bank of America

Senior Software Engineer Salary

(256 salaries)

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₹7.06 L/yr - ₹28.27 L/yr

Software Developer Salary

(37 salaries)

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₹6.8 L/yr - ₹25 L/yr

Senior Developer Salary

(5 salaries)

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₹14.15 L/yr - ₹16.95 L/yr

Associate Software Engineer Salary

(3 salaries)

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₹6 L/yr - ₹19 L/yr

Software Development Engineer Salary

(3 salaries)

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₹10.8 L/yr - ₹22.5 L/yr

Top skills at Bank of America for Software Engineer

Risk Management Asset Management Agile Coding Application Development SQL Hibernate XML Unit Testing Python SDLC Oracle Automation MVC Debugging

Salary related reviews for Bank of America

4.0

Rated by 38 employees for salary & benefits

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.

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Salary - Good

+5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

Team Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

Salary - Good

+6 more

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Job security - Excellent

+4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Bank of America Software Engineer Salary FAQs

What is the salary of Software Engineer at Bank of America Chennai?

Software Engineer salary at Bank of America in Chennai ranges between ₹6.9 Lakhs to ₹26.0 Lakhs for experience between 1 years to 12 years. According to our estimates it is 122% more than the average Software Engineer Salary in India. Salary estimates are based on 328 latest salaries received from various employees of Bank of America Chennai.

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

The average salary of a Software Engineer at Bank of America is 122% more than the average salary of a Software Engineer in Chennai. To know exact salary insights, login to view.

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

Risk Management, Asset Management, Agile, Coding and Application Development are some of the popular skills required to work as a Software Engineer at Bank of America Chennai.

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

NatWest Group Software Engineer Salary - ₹8.0 Lakhs to ₹26.0 Lakhs per year

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

Barclays Software Engineer Salary - ₹5.7 Lakhs to ₹19.0 Lakhs per year
Standard Chartered Software Engineer Salary - ₹5.2 Lakhs to ₹14.0 Lakhs per year
HDFC Bank Software Engineer Salary - ₹4.8 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank Software Engineer Salary - ₹2.1 Lakhs to ₹7.5 Lakhs per year
Yes Bank Software Engineer Salary - ₹2.6 Lakhs to ₹8.7 Lakhs per year

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

The estimated take-home salary of a Software Engineer at Bank of America ranges between ₹1,13,750 per month to ₹1,16,915 per month in Chennai. The take-home salary calculation is based on the average Bank of America Software Engineer salary in India which ranges between ₹6.9 Lakhs to ₹26.0 Lakhs per year for employees with experience between 1 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Bank of America in Chennai?

According to AmbitionBox, 75% of the Bank of America Software Engineers in Chennai reported a notice period of 2 Months, 9% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 218 responses on AmbitionBox in last 2 years.

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Bank of America Software Engineer Salaries in Chennai

Bank of America Software Engineer salary in Chennai ranges between ₹6.9 Lakhs to ₹26 Lakhs with an average annual salary of ₹. Salary estimates are based on 328 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Software Engineer salaries in Chennai (Updated 2025)

Companies similar to Bank of America for Software Engineer in Chennai

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

Experience wise Bank of America Software Engineer salaries in Chennai

Similar Designation salaries in Bank of America

Top skills at Bank of America for Software Engineer

Salary related reviews for Bank of America

Software Developer in Chennai

Senior Software Engineer in Mumbai

Team Lead in Gurgaon / Gurugram

Senior Software Engineer in Hyderabad / Secunderabad

Senior Software Engineer in Hyderabad / Secunderabad

Bank of America Software Engineer Salary FAQs

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