Bank of America Software Testing Engineer Salaries by 5 Employees

0 - 5 years exp.

₹7 Lakhs - ₹13 Lakhs

Low Confidence

Salary of majority employees

29% more than the average Software Testing Engineer Salary in Banking Companies for 0 - 5 years of experience

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Last Updated: 31 Dec 2022

Companies similar to Bank of America for Software Testing Engineer

Company name	Avg Annual Salary	Open Jobs
Barclays Software Testing Engineer Salary 2 - 11 years exp. (9 salaries)	₹6.1 L/yr - ₹23.5 L/yr 52% more
HDFC Bank Software Testing Engineer Salary 3 - 4 years exp. (5 salaries)	₹2.8 L/yr - ₹6.4 L/yr 53% less
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RBL Bank Software Testing Engineer Salary 1 - 7 years exp. (5 salaries)	₹0.3 L/yr - ₹4.8 L/yr 71% less
ICICI Bank Software Testing Engineer Salary 1 - 3 years exp. (4 salaries)	₹2.8 L/yr - ₹5.2 L/yr 62% less
Ujjivan Small Finance Bank Software Testing Engineer Salary 1 - 7 years exp. (4 salaries)	₹6.7 L/yr - ₹9 L/yr 17% less
IDFC FIRST Bank Software Testing Engineer Salary 0 - 2 years exp. (3 salaries)	₹2.9 L/yr - ₹3.3 L/yr 67% less
State Bank of India Software Testing Engineer Salary 3 - 5 years exp. (3 salaries)	₹3.7 L/yr - ₹8 L/yr 43% less

Software Testing Engineer salary at Bank of America ranges between ₹7 Lakhs to ₹13 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Software Testing Engineer salaries

Last Updated: 31 Dec 2022

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹2.8 L/yr - ₹8.5 L/yr
1 year (AmbitionBox Estimate)	₹7 L/yr - ₹14.1 L/yr
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2 years (AmbitionBox Estimate)	₹7.8 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹17.2 L/yr
4 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.7 L/yr
5 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹13 L/yr

View all

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Salary related reviews for Bank of America

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

Job security - Good

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

Salary - Bad

+3 more

Assistant Vice President in Chennai

Full Time

Engineering - Software & QA Department

1.0

• posted on 04 Oct 2024

5.0

for Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

Skill development - Bad

+4 more

Senior Team Member in New Delhi

Full Time

Risk Management & Compliance Department

4.0

• posted on 20 Jul 2024

3.0

for Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

Job security - Excellent

+3 more

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

Lead Operations Representative in Chennai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 May 2024

3.0

for Salary and Benefits

Likes

The bank conducts so may learning sessions to enrich our knowledge. Some interesting events once a month.

Skill development - Excellent

+2 more

Dislikes

...ter 6 years. No work life balance. No compensatory off for working on a holiday. No compensation for working beyond office hours.

Promotions - Poor

Manager in Gandhinagar

Full Time

Finance & Accounting Department

5.0

• posted on 23 Dec 2024

5.0

for Salary and Benefits

Likes

Work life balance is good Benefits are over and above compensation offered People over here are friendly and create a positive environment

Salary - Excellent

+4 more

Dislikes

Promotions are slow Growing within the organisation can be done by IJPs

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of America Software Testing Engineer Salary FAQs

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

The average salary of a Software Testing Engineer at Bank of America in India typically ranges from ₹7.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Software Testing Engineer at Bank of America earn more than ₹13.0 Lakhs per year, and the top 1% earn over ₹13.0 Lakhs per year. Software Testing Engineer 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 5 Bank of America employees in India.

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

The estimated take-home salary of a Software Testing Engineer at Bank of America in India typically ranges from ₹66,397 to ₹68,095 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from Fresher to 5 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 5 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

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

Barclays

₹6.1 Lakhs to ₹23.5 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 Testing Engineer in companies similar to Bank of America in India?

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

Ujjivan Small Finance Bank	₹6.7 Lakhs to ₹9.0 Lakhs per year
State Bank of India	₹3.7 Lakhs to ₹8.0 Lakhs per year
HDFC Bank	₹2.8 Lakhs to ₹6.4 Lakhs per year
ICICI Bank	₹2.8 Lakhs to ₹5.2 Lakhs per year
IDFC FIRST Bank	₹2.9 Lakhs to ₹3.3 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 Testing Engineer at Bank of America in India?

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

Experience	Average Salary Range
Fresher	₹2.8 Lakhs to ₹8.5 Lakhs per year
1 year	₹7.0 Lakhs to ₹14.1 Lakhs per year
2 years	₹7.8 Lakhs to ₹10.0 Lakhs per year
3 years	₹7.5 Lakhs to ₹17.2 Lakhs per year

and so on.

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Bank of America Software Testing Engineer Salaries

Bank of America Software Testing Engineer salary in India ranges between ₹7 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Software Testing Engineer salaries in India

Companies similar to Bank of America for Software Testing Engineer

Experience wise Bank of America Software Testing Engineer salaries

Similar Designation salaries in Bank of America

Salary related reviews for Bank of America

Team Member in New Delhi

Assistant Vice President in Chennai

Senior Team Member in New Delhi

Lead Operations Representative in Chennai

Manager in Gandhinagar

Bank of America Software Testing Engineer Salary FAQs

Tell us how to improve this page.