Bank of America Software Engineer2 Salaries by 400+ Employees (Updated 2025)

5 - 12 years exp.

₹10.6 Lakhs - ₹31 Lakhs

Salary of majority employees

9% more than the average Software Engineer2 Salary in Banking Companies for 5 - 12 years of experience

Interested in this particular role? 1 job opening

Salaries in different departments

Engineering - Software & QA Software Engineer2 Salary 5 - 12 years exp. (367 salaries)	₹10.1 L/yr - ₹29.5 L/yr
IT & Information Security Software Engineer2 Salary 5 - 12 years exp. (16 salaries)	₹12 L/yr - ₹28 L/yr
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BFSI, Investments & Trading Software Engineer2 Salary 5 - 11 years exp. (11 salaries)	₹15 L/yr - ₹28.6 L/yr
Data Science & Analytics Software Engineer2 Salary 5 - 10 years exp. (11 salaries)	₹16.1 L/yr - ₹31 L/yr

Last Updated: 16 Feb 2025

Companies similar to Bank of America for Software Engineer2

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Engineer2 Salary 2 - 9 years exp. (484 salaries)	₹14 L/yr - ₹34 L/yr 19% more
Goldman Sachs Software Engineer2 Salary 2 - 4 years exp. (44 salaries)	₹18 L/yr - ₹40 L/yr 27% more
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Morgan Stanley Software Engineer2 Salary 1 - 7 years exp. (19 salaries)	₹18 L/yr - ₹41 L/yr 32% more
UBS Software Engineer2 Salary 3 years exp. (4 salaries)	₹16.2 L/yr - ₹19 L/yr 19% less
Deutsche Bank Software Engineer2 Salary 2 - 3 years exp. (11 salaries)	₹20 L/yr - ₹23 L/yr 2% less
Barclays Software Engineer2 Salary 0 - 3 years exp. (4 salaries)	₹12.6 L/yr - ₹20 L/yr 27% less

Software Engineer2 salary at Bank of America ranges between ₹10.6 Lakhs to ₹31 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 451 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Engineer2 salaries

Last Updated: 16 Feb 2025

Experience	Avg Annual Salary
5 years (42 salaries)	₹7.3 L/yr - ₹22.7 L/yr
6 years (90 salaries)	₹7.7 L/yr - ₹25 L/yr
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7 years (92 salaries)	₹11 L/yr - ₹28 L/yr
8 years (85 salaries)	₹8.4 L/yr - ₹29 L/yr
9 years (61 salaries)	₹12.4 L/yr - ₹29 L/yr
10 years (51 salaries)	₹15 L/yr - ₹31 L/yr
11 years (18 salaries)	₹18 L/yr - ₹28 L/yr
12 years (12 salaries)	₹22.1 L/yr - ₹28.5 L/yr

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From

Software Engineer2

5 - 12 years exp.

Software Engineer III

₹

Lakhs/yr

9 - 15 years exp.

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.

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Top skills at Bank of America for Software Engineer2

Risk Management Asset Management Python Agile SDLC Coding Unix SQL Oracle Teradata Linux Application Development Talent Acquisition Automation Db2

Salary related reviews for Bank of America

4.0

Rated by 41 employees for salary & benefits

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.

Software Engineer II in Chennai

Engineering - Software & QA Department

4.0

• posted on 27 Jun 2022

3.0

for Salary and Benefits

Likes

You will get good benefits apart from your salary like Cab, Sodexho Card, Gym. There is no variable pay in BA.

Job security - Good

Dislikes

HR people are dummy in BA, If you will have good relationship with your manager or VP then you will get good appraisal or promotion. They are having escalation process but if you escalate something about your manager then it will first reach to your manager and they will corner you. There is no onsite opportunity in BA

Promotions - Bad

+1 more

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 Systems Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 09 May 2022

1.0

for Salary and Benefits

Likes

...uld benefit low level employees all are tend to meant for management benefits. Company policies and pay never compete/normalise with outside market

Job security - Good

Dislikes

Everything except job security. Since we work for very low wage

Salary - Bad

+2 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.

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

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bank of America Software Engineer2 Salary FAQs

What is the salary of Software Engineer2 at Bank of America?

Software Engineer2 salary at Bank of America in India ranges between ₹10.6 Lakhs to ₹31.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 9% more than the average Software Engineer2 Salary in India. Salary estimates are based on 451 latest salaries received from various employees of Bank of America India.

How does the salary of a Software Engineer2 at Bank of America India compare with the average salary range for this job?

The average salary of a Software Engineer2 at Bank of America is 9% more than the average salary of a Software Engineer2 in India. To know exact salary insights, login to view.

What are the top skills required to work as a Software Engineer2 at Bank of America?

Risk Management, Asset Management, Python, Agile and SDLC are some of the popular skills required to work as a Software Engineer2 at Bank of America India.

Which similar companies are paying more than Bank of America to a Software Engineer2 in India?

Morgan Stanley Software Engineer2 Salary - ₹18.0 Lakhs to ₹41.0 Lakhs per year
Goldman Sachs Software Engineer2 Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
JPMorgan Chase & Co. Software Engineer2 Salary - ₹14.0 Lakhs to ₹34.0 Lakhs per year

What is the salary of a Software Engineer2 in companies similar to Bank of America in India?

Deutsche Bank Software Engineer2 Salary - ₹20.0 Lakhs to ₹23.0 Lakhs per year
UBS Software Engineer2 Salary - ₹16.2 Lakhs to ₹19.0 Lakhs per year
Barclays Software Engineer2 Salary - ₹12.6 Lakhs to ₹20.0 Lakhs per year

What is the estimated take home salary of a Software Engineer2 at Bank of America in India?

The estimated take-home salary of a Software Engineer2 at Bank of America ranges between ₹1,37,459 per month to ₹1,42,537 per month in India. The take-home salary calculation is based on the average Bank of America Software Engineer2 salary in India which ranges between ₹10.6 Lakhs to ₹31.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer2 at Bank of America?

According to AmbitionBox, 84% of the Bank of America Software Engineer2s reported a notice period of 2 Months, 6% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 310 responses on AmbitionBox in last 2 years.

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Bank of America Software Engineer2 Salaries

Bank of America Software Engineer2 salary in India ranges between ₹10.6 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 451 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Software Engineer2 salaries in India

Companies similar to Bank of America for Software Engineer2

Latest annual salaries shared by Bank of America Software Engineer2

Experience wise Bank of America Software Engineer2 salaries

Similar Designation salaries in Bank of America

Top skills at Bank of America for Software Engineer2

Salary related reviews for Bank of America

Senior Software Engineer in Mumbai

Software Engineer II in Chennai

Senior Software Engineer in Hyderabad / Secunderabad

Senior Systems Engineer in Hyderabad / Secunderabad

Senior Software Engineer in Hyderabad / Secunderabad

Bank of America Software Engineer2 Salary FAQs

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Bank of America Software Engineer2 Salaries by Location