Bank of America Mumbai Team Developer Salaries by 80+ Employees (Updated 2025)

2 - 11 years exp.

₹3.8 Lakhs - ₹9.8 Lakhs

Avg. annual salary

Monthly In-hand Salary

At par with the average Team Developer Salary in Banking Companies for 2 - 11 years of experience

Interested in this particular role? 4 job openings

Salaries in different departments

Customer Success, Service & Operations Team Developer Salary 3 - 10 years exp. (25 salaries)	₹3.8 L/yr - ₹9 L/yr
BFSI, Investments & Trading Team Developer Salary 3 - 10 years exp. (20 salaries)	₹4.3 L/yr - ₹7.8 L/yr
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Finance & Accounting Team Developer Salary 2 - 9 years exp. (16 salaries)	₹4.4 L/yr - ₹9.8 L/yr
Data Science & Analytics Team Developer Salary 3 - 9 years exp. (12 salaries)	₹4.3 L/yr - ₹8.5 L/yr
Risk Management & Compliance Team Developer Salary 4 - 7 years exp. (AmbitionBox Estimate)	₹6.7 L/yr - ₹9.4 L/yr

View all

Last Updated: 19 Mar 2025

Companies similar to Bank of America for Team Developer in Mumbai

Bank of America Team Developer Salary

2 - 11 years exp. (88 salaries)

₹3.8 L/yr - ₹9.8 L/yr

Company name	Avg Annual Salary	Open Jobs
BA Continuum Team Developer Salary 5 - 13 years exp. (36 salaries)	₹4 L/yr - ₹10 L/yr 6% less
Aon Team Developer Salary 3 - 8 years exp. (5 salaries)	₹2.5 L/yr - ₹4.7 L/yr 54% less
Login to view exact salary
TresVista Team Developer Salary 4 - 6 years exp. (4 salaries)	₹3.9 L/yr - ₹4.8 L/yr 37% less

Team Developer salary at Bank of America ranges between ₹3.8 Lakhs to ₹9.8 Lakhs per year for employees with experience between 2 years to 11 years. Salary estimates are based on 88 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Team Developer in Mumbai

2w ago

₹5.5 Lakhs

8 years exp.

2w ago

₹9 Lakhs

9 years exp.

4w ago

₹5.8 Lakhs

7 years exp.

1mo ago

₹6.1 Lakhs

10 years exp.

2mo ago

₹6.7 Lakhs

7 years exp.

2mo ago

4 years exp.

2mo ago

7 years exp.

2mo ago

8 years exp.

3mo ago

8 years exp.

3mo ago

8 years exp.

Experience wise Bank of America Team Developer salaries in Mumbai

Last Updated: 19 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹6.3 L/yr - ₹8.1 L/yr
3 years (6 salaries)	₹4.5 L/yr - ₹7.1 L/yr
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4 years (12 salaries)	₹4.3 L/yr - ₹9.8 L/yr
5 years (17 salaries)	₹3.8 L/yr - ₹7.8 L/yr
6 years (13 salaries)	₹4.5 L/yr - ₹8 L/yr
7 years (13 salaries)	₹3.8 L/yr - ₹9.2 L/yr
8 years (15 salaries)	₹5.1 L/yr - ₹9.8 L/yr
9 years (6 salaries)	₹5.9 L/yr - ₹9.2 L/yr
10 years (4 salaries)	₹6.1 L/yr - ₹13 L/yr
11 years (AmbitionBox Estimate)	₹6.6 L/yr - ₹8.4 L/yr

View all

From

Team Developer

₹

Lakhs/yr

2 - 12 years exp.

Vice President

₹

Lakhs/yr

12 - 25 years exp.

Team Developer

2 - 12 years exp.

Team Lead

0 - 16 years exp.

49% hike

Assistant Manager

2 - 18 years exp.

54% hike

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.

Similar Designation salaries in Bank of America

Team Lead Salary

(199 salaries)

₹5.5 L/yr - ₹15.65 L/yr

Analyst Salary

(178 salaries)

₹8.94 L/yr - ₹27 L/yr

Senior Analyst Salary

(138 salaries)

₹13.26 L/yr - ₹34 L/yr

Senior Associate Salary

(3 salaries)

₹4.5 L/yr - ₹5.2 L/yr

Top skills at Bank of America for Team Developer

Risk Management Asset Management Business Services Talent Acquisition Banking Risk Management Operations Reconciliation Monitoring Operational Excellence Back Office MS Office Finance Fixed Income Analytical

Salary related reviews for Bank of America

2.9

Rated by 17 employees for salary & benefits

Team Developer in Gurgaon / Gurugram

Full Time

Finance & Accounting Department

4.0

• posted on 28 Sep 2023

3.0

for Salary and Benefits

Likes

I like the facilities they give to make a good environment and maintain employees trust for the bank, Nice peers who can guide you for different things also apart from work.

Job security - Excellent

+3 more

Dislikes

...s bonus per year. No festive gifts are provided. In short less budget they have. If someone leave the bank will be the Salary and bonus reason.

Team Developer in Hyderabad / Secunderabad

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 02 Oct 2023

3.0

for Salary and Benefits

Likes

One of the best companies to work with mainly for women its the best go for it without a second thought ,bofa made me to learn all the things it's the best one to hold one's future

Skill development - Good

+3 more

Dislikes

Salary hikes are not that great but by default you will get minimum 6 percent hike

Promotions - Poor

Team Developer in Gurgaon / Gurugram

Full Time

Procurement & Supply Chain Department

5.0

• posted on 19 Sep 2023

2.0

for Salary and Benefits

Likes

Great culture because of good Leadership I got good exposure and overall our Sourcing Team is Good because of leaders like Vishal Handa,Gaurav Ahuja, Netta Celly and others. Really fun and great opportunities to grow. My Manager Sudharshan was kind and thoughtful and took the optimal to mentor me.

Job security - Excellent

+3 more

Dislikes

Salary is not competitive

Salary - Poor

Team Developer in Hyderabad / Secunderabad

Banking Finance Department

5.0

• posted on 22 Apr 2019

5.0

for Salary and Benefits

Likes

...ow good professional etiquette. Appraisal ia given based on the work we perform. Even in appraisals also people had good salary growth. Work life balance is good. People get to know explore new things in social communities. A very secured place to work with giving all the facilities, maintaining employee security. Bank Of America is always known for its good innovations. In my overall career with BOA I would prefer it to my friends, family & relatives as well. Excellent place to work.

Salary - Excellent

+6 more

Dislikes

Nothing I would say. Everything seems to be perfect.

Team Developer in Gurgaon / Gurugram

Procurement & Supply Chain Department

4.0

• posted on 13 Sep 2018

4.0

for Salary and Benefits

Likes

My job at Bank of America allows me the unique opportunity to work with diverse people. As a part of global procurement, helping our line of business partners achieve their business goals has provided a skill set and expertise that has enable me to be successful in taking on new challenges.

Salary - Good

+6 more

Dislikes

...h the back up of vehicles that can prevent delays happening almost every day. The compensation plan could improve as it is as below average as that of the market, despite Bank of America being a reputed organisation.

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 Team Developer Salary FAQs

What is the salary of Team Developer at Bank of America in Mumbai?

The average salary of a Team Developer at Bank of America in Mumbai typically ranges from ₹3.8 Lakhs to ₹9.8 Lakhs per year, depending on experience (from 2 years to 11 years).

The top 10% of Team Developer in Mumbai at Bank of America earn more than ₹8.6 Lakhs per year, and the top 1% earn over ₹9.8 Lakhs per year. Team Developer 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 80+ Bank of America employees in India.

What is the estimated take home salary of a Team Developer at Bank of America in Mumbai?

The estimated take-home salary of a Team Developer at Bank of America in Mumbai typically ranges from ₹53,085 to ₹54,406 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹9.8 Lakhs per year for employees with experience ranging from 2 years to 11 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 80+ 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 Team Developer at Bank of America in Mumbai?

To be a Team Developer at Bank of America in Mumbai, the key skills required include:

- Risk Management
- Asset Management
- Business Services
- Talent Acquisition
- Banking

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

What is the salary of a Team Developer in companies similar to Bank of America in Mumbai?

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

BA Continuum	₹4.0 Lakhs to ₹10.0 Lakhs per year
TresVista	₹3.9 Lakhs to ₹4.8 Lakhs per year
Aon	₹2.5 Lakhs to ₹4.7 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 Team Developer at Bank of America in Mumbai?

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

Experience	Average Salary Range
2 years	₹6.3 Lakhs to ₹8.1 Lakhs per year
3 years	₹4.5 Lakhs to ₹7.1 Lakhs per year
4 years	₹4.3 Lakhs to ₹9.8 Lakhs per year
5 years	₹3.8 Lakhs to ₹7.8 Lakhs per year

and so on.

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Bank of America Team Developer Salaries in Mumbai

Bank of America Team Developer salary in Mumbai ranges between ₹3.8 Lakhs to ₹9.8 Lakhs with an average annual salary of ₹. Salary estimates are based on 88 Bank of America latest salaries received from various employees of Bank of America.