Bank of America Chennai Software Engineer2 Salaries by 100+ Employees (Updated 2025)

5 - 12 years exp.

₹10.9 Lakhs - ₹31 Lakhs

Avg. annual salary

Monthly In-hand Salary

22% more than the average Software Engineer2 Salary in Banking Companies for 5 - 12 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Engineering - Software & QA Software Engineer2 Salary 5 - 12 years exp. (159 salaries)	₹10.6 L/yr - ₹29 L/yr
IT & Information Security Software Engineer2 Salary 6 - 10 years exp. (11 salaries)	₹12 L/yr - ₹23.2 L/yr
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BFSI, Investments & Trading Software Engineer2 Salary 7 - 11 years exp. (5 salaries)	₹15 L/yr - ₹21.6 L/yr
Data Science & Analytics Software Engineer2 Salary 8 - 10 years exp. (3 salaries)	₹17 L/yr - ₹31 L/yr

Last Updated: 3 Apr 2025

Companies similar to Bank of America for Software Engineer2 in Chennai

Bank of America Software Engineer2 Salary

5 - 12 years exp. (196 salaries)

₹10.9 L/yr - ₹31 L/yr

Company name	Avg Annual Salary	Open Jobs
BA Continuum Software Engineer2 Salary 6 - 12 years exp. (93 salaries)	₹10 L/yr - ₹27.5 L/yr 7% less
PayPal Software Engineer2 Salary 2 - 7 years exp. (61 salaries)	₹16.5 L/yr - ₹44 L/yr 35% more	2 job openings
Login to view exact salary
FIS Software Engineer2 Salary 3 - 7 years exp. (51 salaries)	₹7 L/yr - ₹17 L/yr 41% less
Botree Software International Software Engineer2 Salary 2 - 6 years exp. (23 salaries)	₹3.5 L/yr - ₹9 L/yr 71% less
Comcast Software Engineer2 Salary 0 - 6 years exp. (22 salaries)	₹10.6 L/yr - ₹15 L/yr 38% less

Software Engineer2 salary at Bank of America ranges between ₹10.9 Lakhs to ₹31 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 196 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Software Engineer2 in Chennai

6d ago

₹20 Lakhs

6 years exp.

1w ago

₹17 Lakhs

9 years exp.

1w ago

₹23.1 Lakhs

10 years exp.

2w ago

₹27.7 Lakhs

12 years exp.

2w ago

₹18 Lakhs

8 years exp.

3w ago

8 years exp.

1mo ago

10 years exp.

1mo ago

12 years exp.

1mo ago

8 years exp.

1mo ago

6 years exp.

Experience wise Bank of America Software Engineer2 salaries in Chennai

Last Updated: 3 Apr 2025

Experience	Avg Annual Salary
5 years (14 salaries)	₹7.3 L/yr - ₹20 L/yr
6 years (30 salaries)	₹11.6 L/yr - ₹25 L/yr
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7 years (43 salaries)	₹10.8 L/yr - ₹28 L/yr
8 years (40 salaries)	₹11 L/yr - ₹29 L/yr
9 years (28 salaries)	₹12.4 L/yr - ₹29 L/yr
10 years (22 salaries)	₹15 L/yr - ₹31 L/yr
11 years (10 salaries)	₹19 L/yr - ₹28 L/yr
12 years (9 salaries)	₹20 L/yr - ₹27.7 L/yr

View all

From

Software Engineer2

5 - 12 years exp.

Software Engineer III

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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₹4.85 L/yr - ₹13.5 L/yr

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

4.2

Rated by 19 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

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Top trending discussions

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Software Engineer2 Salary FAQs

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

The average salary of a Software Engineer2 at Bank of America in Chennai typically ranges from ₹10.9 Lakhs to ₹31.0 Lakhs per year, depending on experience (from 5 years to 12 years).

The top 10% of Software Engineer2 in Chennai at Bank of America earn more than ₹25.0 Lakhs per year, and the top 1% earn over ₹29.0 Lakhs per year. Software Engineer2 Salaries at Bank of America can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 100+ Bank of America employees in India.

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

The estimated take-home salary of a Software Engineer2 at Bank of America in Chennai typically ranges from ₹1,38,280 to ₹1,43,396 per month. This is based on the average salary range of ₹10.9 Lakhs to ₹31.0 Lakhs per year for employees with experience ranging from 5 years to 12 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 100+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

What are the key skills required to be a Software Engineer2 at Bank of America in Chennai?

To be a Software Engineer2 at Bank of America in Chennai, the key skills required include:

- Risk Management
- Asset Management
- Python
- Agile
- SDLC

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.

Which companies offer higher salaries than Bank of America for Software Engineer2 in India?

PayPal

₹16.5 Lakhs to ₹44.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

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

The salary of a Software Engineer2 at companies similar to Bank of America in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

BA Continuum	₹10.0 Lakhs to ₹27.5 Lakhs per year
Comcast	₹10.6 Lakhs to ₹15.0 Lakhs per year
FIS	₹7.0 Lakhs to ₹17.0 Lakhs per year
Botree Software International	₹3.5 Lakhs to ₹9.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Software Engineer2 at Bank of America in Chennai?

The salary growth for a Software Engineer2 at Bank of America in Chennai depends on factors such as experience, performance, and promotions. On average, a Software Engineer2 in Chennai can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
5 years	₹7.3 Lakhs to ₹20.0 Lakhs per year
6 years	₹11.6 Lakhs to ₹25.0 Lakhs per year
7 years	₹10.8 Lakhs to ₹28.0 Lakhs per year
8 years	₹11.0 Lakhs to ₹29.0 Lakhs per year

and so on.

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Bank of America Software Engineer2 Salaries in Chennai

Bank of America Software Engineer2 salary in Chennai ranges between ₹10.9 Lakhs to ₹31 Lakhs with an average annual salary of ₹. Salary estimates are based on 196 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Software Engineer2 salaries in Chennai (Updated 2025)

Companies similar to Bank of America for Software Engineer2 in Chennai

Latest annual salaries shared by Bank of America Software Engineer2 in Chennai

Experience wise Bank of America Software Engineer2 salaries in Chennai

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

Tell us how to improve this page.