Bank of America System Analyst Salaries by 30+ Employees

2 - 10 years exp.

₹4.3 Lakhs - ₹18.5 Lakhs

Salary of majority employees

At par with the average System Analyst Salary in Banking Companies for 2 - 10 years of experience

Interested in this particular role?

Salaries in different departments

IT & Information Security System Analyst Salary 2 - 10 years exp. (19 salaries)	₹4.3 L/yr - ₹16 L/yr
Engineering - Software & QA System Analyst Salary 5 - 9 years exp. (9 salaries)	₹11 L/yr - ₹18.5 L/yr
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Engineering - Hardware & Networks System Analyst Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹8.5 L/yr - ₹11.4 L/yr
Quality Assurance System Analyst Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹14.4 L/yr

Last Updated: 21 Jun 2024

Companies similar to Bank of America for System Analyst

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. System Analyst Salary 1 - 13 years exp. (23 salaries)	₹3.6 L/yr - ₹20.4 L/yr 6% more
Wells Fargo System Analyst Salary 3 - 9 years exp. (102 salaries)	₹4.7 L/yr - ₹16 L/yr 10% less
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Goldman Sachs System Analyst Salary 3 - 7 years exp. (6 salaries)	₹4.8 L/yr - ₹8.8 L/yr 41% less
HSBC Group System Analyst Salary 0 - 6 years exp. (6 salaries)	₹3.1 L/yr - ₹5 L/yr 64% less
UBS System Analyst Salary 4 - 8 years exp. (4 salaries)	₹6.5 L/yr - ₹13 L/yr 22% less
HDFC Bank System Analyst Salary 0 - 8 years exp. (117 salaries)	₹4 L/yr - ₹12 L/yr 24% less
Ujjivan Small Finance Bank System Analyst Salary 1 - 8 years exp. (59 salaries)	₹6.3 L/yr - ₹14.5 L/yr 8% more
IndusInd Bank System Analyst Salary 4 - 10 years exp. (40 salaries)	₹4.8 L/yr - ₹18.6 L/yr 1% less
Standard Chartered System Analyst Salary 0 - 6 years exp. (24 salaries)	₹2 L/yr - ₹10.7 L/yr 44% less
Barclays System Analyst Salary 0 - 14 years exp. (20 salaries)	₹6.3 L/yr - ₹25.1 L/yr 30% more
IDFC FIRST Bank System Analyst Salary 3 - 7 years exp. (18 salaries)	₹7.5 L/yr - ₹20 L/yr 6% more
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ANZ Banking Group System Analyst Salary 2 - 14 years exp. (13 salaries)	₹14.8 L/yr - ₹30 L/yr 73% more
NatWest Group System Analyst Salary 0 - 14 years exp. (13 salaries)	₹4.4 L/yr - ₹16.6 L/yr 4% less
ICICI Bank System Analyst Salary 0 - 5 years exp. (10 salaries)	₹2 L/yr - ₹8 L/yr 51% less
Yes Bank System Analyst Salary 1 - 6 years exp. (4 salaries)	₹3.7 L/yr - ₹13 L/yr 32% less
State Bank of India System Analyst Salary 4 - 8 years exp. (4 salaries)	₹2 L/yr - ₹9 L/yr 35% less
Deutsche Bank System Analyst Salary 0 - 10 years exp. (4 salaries)	₹2.2 L/yr - ₹17.2 L/yr 15% less

System Analyst salary at Bank of America ranges between ₹4.3 Lakhs to ₹18.5 Lakhs per year for employees with experience between 2 years to 10 years. Salary estimates are based on 32 latest salaries received from various employees of Bank of America.

Experience wise Bank of America System Analyst salaries

Last Updated: 21 Jun 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹4 L/yr - ₹10 L/yr
3 years (AmbitionBox Estimate)	₹4 L/yr - ₹12.3 L/yr
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4 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹14.7 L/yr
5 years (3 salaries)	₹4.1 L/yr - ₹12.1 L/yr
6 years (7 salaries)	₹5.1 L/yr - ₹12.8 L/yr
7 years (5 salaries)	₹8.5 L/yr - ₹13.2 L/yr
8 years (4 salaries)	₹13 L/yr - ₹14.5 L/yr
9 years (4 salaries)	₹12 L/yr - ₹18.5 L/yr
10 years (3 salaries)	₹14 L/yr - ₹16 L/yr

View all

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Salary related reviews for Bank of America

3.5

Rated by 5 employees for salary & benefits

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.

Analyst in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 07 May 2023

3.0

for Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

Job security - Excellent

+1 more

Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

Skill development - Poor

+2 more

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a system engineer

Just had to share this, I got a 100% hike!

I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bank of America System Analyst Salary FAQs

What is the salary of System Analyst at Bank of America ?

The average salary of a System Analyst at Bank of America in India typically ranges from ₹4.3 Lakhs to ₹18.5 Lakhs per year, depending on experience (from 2 years to 10 years).

The top 10% of System Analyst at Bank of America earn more than ₹15.3 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. System Analyst 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 30+ Bank of America employees in India.

What is the estimated take home salary of a System Analyst at Bank of America in India?

The estimated take-home salary of a System Analyst at Bank of America in India typically ranges from ₹77,108 to ₹79,109 per month. This is based on the average salary range of ₹4.3 Lakhs to ₹18.5 Lakhs per year for employees with experience ranging from 2 years to 10 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 30+ 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 System Analyst in India?

ANZ Banking Group	₹14.8 Lakhs to ₹30.0 Lakhs per year
Barclays	₹6.3 Lakhs to ₹25.1 Lakhs per year
Ujjivan Small Finance Bank	₹6.3 Lakhs to ₹14.5 Lakhs per year
JPMorgan Chase & Co.	₹3.6 Lakhs to ₹20.4 Lakhs per year
IDFC FIRST Bank	₹7.5 Lakhs to ₹20.0 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 System Analyst in companies similar to Bank of America in India?

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

IndusInd Bank	₹4.8 Lakhs to ₹18.6 Lakhs per year
NatWest Group	₹4.4 Lakhs to ₹16.6 Lakhs per year
Wells Fargo	₹4.7 Lakhs to ₹16.0 Lakhs per year
Deutsche Bank	₹2.2 Lakhs to ₹17.2 Lakhs per year
UBS	₹6.5 Lakhs to ₹13.0 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 System Analyst at Bank of America in India?

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

Experience	Average Salary Range
2 years	₹4.0 Lakhs to ₹10.0 Lakhs per year
3 years	₹4.0 Lakhs to ₹12.3 Lakhs per year
4 years	₹4.6 Lakhs to ₹14.7 Lakhs per year
5 years	₹4.1 Lakhs to ₹12.1 Lakhs per year

and so on.

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Bank of America System Analyst Salaries

Bank of America System Analyst salary in India ranges between ₹4.3 Lakhs to ₹18.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 32 Bank of America latest salaries received from various employees of Bank of America.