Bank of America Software Tester Salaries by 4 Employees (Updated 2024)

5 - 7 years exp.

₹5.5 Lakhs - ₹14 Lakhs

Low Confidence

Salary of majority employees

125% more than the average Software Tester Salary in Banking Companies for 5 - 7 years of experience

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Last Updated: 2 Oct 2024

Companies similar to Bank of America for Software Tester

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Software Tester Salary 0 - 8 years exp. (27 salaries)	₹2.5 L/yr - ₹10.1 L/yr 47% less
Wells Fargo Software Tester Salary 3 - 9 years exp. (9 salaries)	₹5.3 L/yr - ₹21.6 L/yr 22% more
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Morgan Stanley Software Tester Salary 1 - 2 years exp. (3 salaries)	₹4 L/yr - ₹15 L/yr 28% less
HSBC Group Software Tester Salary 1 - 8 years exp. (19 salaries)	₹3.8 L/yr - ₹12 L/yr 29% less
UBS Software Tester Salary 2 - 4 years exp. (4 salaries)	₹7.5 L/yr - ₹9 L/yr 23% less
Barclays Software Tester Salary 0 - 4 years exp. (16 salaries)	₹1.7 L/yr - ₹12 L/yr 37% less
IDFC FIRST Bank Software Tester Salary 1 - 3 years exp. (15 salaries)	₹2.6 L/yr - ₹4.5 L/yr 65% less
ICICI Bank Software Tester Salary 2 - 4 years exp. (8 salaries)	₹3 L/yr - ₹4.8 L/yr 56% less
HDFC Bank Software Tester Salary 1 - 7 years exp. (7 salaries)	₹2.5 L/yr - ₹7.9 L/yr 52% less
RBL Bank Software Tester Salary 1 - 5 years exp. (5 salaries)	₹2 L/yr - ₹8 L/yr 59% less

Software Tester salary at Bank of America ranges between ₹5.5 Lakhs to ₹14 Lakhs per year for employees with experience between 5 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Tester salaries

Last Updated: 2 Oct 2024

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹12.4 L/yr
6 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹14 L/yr
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7 years (AmbitionBox Estimate)	₹14 L/yr - ₹14 L/yr

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Salary related reviews for Bank of America

5.0

Rated by 1 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

Dislikes

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

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.

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

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.

Dislikes

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

Senior Associate in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 12 Oct 2017

3.0

for Salary and Benefits

Likes

Mentioned abpve

Dislikes

1. Teammates - Colleagues are good. 2. Learning - Company is very good for self development as it provides various trainings on monthly basis. You can enroll yourself with consent of your leaders. 3. Job Security - Highly satisfied but at the same time no personal growth if you get stuck in comfort zone. Salary - Compensation is very less especially for freshers, Also, yearly increment is very less. I would suggest not to join if salary is primary factor other than work life balance and brand name. Politics - You will get it in every company/place. Some processes are highly corrupted. However, some are genuinely good to showcase your skills and get appreciated on your initiatives and skills. Work Environment - Very matured, Work Life Balance - is too good. Very good for females who want to spend years in this company without expecting much. Very flexible

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

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

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What people are saying about Bank of America

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cleanhakuna

5d (edited)

student at

Institute of Management Nirma University, Ahmedabad

Career advise for early years

Hi folks!! Want one advise for my early years in corporate. I am 23 yrs old and I am working in BofA for couple of years now and this is my first job. I have deep interest and skills to excel in core finance role (investment management) but the role at BofA is completely unrelated to it. To prove my metal, I have cleared CFA level 1&2 in my first attempt with top percentile (+MBA) but kind of stuck for right opportunity. Can anyone advise how should I approach to making a shift to my desired work (asset mgt)?

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Bank of America Software Tester Salary FAQs

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

Software Tester salary at Bank of America in India ranges between ₹5.5 Lakhs to ₹14.0 Lakhs for experience between 5 years to 7 years. According to our estimates it is 125% more than the average Software Tester Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of America India.

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

The average salary of a Software Tester at Bank of America is 125% more than the average salary of a Software Tester in India. To know exact salary insights, login to view.

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

Wells Fargo Software Tester Salary - ₹5.3 Lakhs to ₹21.6 Lakhs per year

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

UBS Software Tester Salary - ₹7.5 Lakhs to ₹9.0 Lakhs per year
Morgan Stanley Software Tester Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
HSBC Group Software Tester Salary - ₹3.8 Lakhs to ₹12.0 Lakhs per year
Barclays Software Tester Salary - ₹1.7 Lakhs to ₹12.0 Lakhs per year
JPMorgan Chase & Co. Software Tester Salary - ₹2.5 Lakhs to ₹10.1 Lakhs per year

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

The estimated take-home salary of a Software Tester at Bank of America ranges between ₹76,563 per month to ₹78,548 per month in India. The take-home salary calculation is based on the average Bank of America Software Tester salary in India which ranges between ₹5.5 Lakhs to ₹14.0 Lakhs per year for employees with experience between 5 years to 7 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bank of America Software Testers 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 Tester Salaries

Bank of America Software Tester salary in India ranges between ₹5.5 Lakhs to ₹14 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.