Bank of America Mumbai Software Professional Salaries by 3 Employees (Updated 2025)

5 - 7 years exp.

₹22.5 Lakhs - ₹28.8 Lakhs

Low Confidence

Salary of majority employees

116% more than the average Software Professional Salary in Banking Companies for 5 - 7 years of experience

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Last Updated: 26 Mar 2024

Companies similar to Bank of America for Software Professional in Mumbai

Bank of America Software Professional Salary

5 - 7 years exp. (3 salaries)

₹22.5 L/yr - ₹28.8 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Professional Salary 7 - 9 years exp. (3 salaries)	₹9 L/yr - ₹12 L/yr 59% less
Extentia Information Technology Software Professional Salary 3 - 5 years exp. (7 salaries)	₹6 L/yr - ₹15 L/yr 57% less
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Amdocs Software Professional Salary 3 - 6 years exp. (3 salaries)	₹12.2 L/yr - ₹15.5 L/yr 46% less

Software Professional salary at Bank of America ranges between ₹22.5 Lakhs to ₹28.8 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Professional salaries in Mumbai

Last Updated: 26 Mar 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
6 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
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7 years (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr

Similar Designation salaries in Bank of America

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₹5.5 L/yr - ₹15 L/yr

Software Developer Salary

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₹6.45 L/yr - ₹24 L/yr

Lead Software Engineer Salary

(3 salaries)

₹27 L/yr - ₹30 L/yr

Senior Engineer Salary

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₹2.2 L/yr - ₹15.99 L/yr

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₹4.5 L/yr - ₹5.2 L/yr

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.

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.

see more salary related reviews

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of America Software Professional Salary FAQs

What is the notice period for Software Professional at Bank of America in Mumbai?

According to AmbitionBox, 100% of the Bank of America Software Professionals in Mumbai reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of America Software Professional Salaries in Mumbai

Bank of America Software Professional salary in Mumbai ranges between ₹22.5 Lakhs to ₹28.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of America latest salaries received from various employees of Bank of America.