Bank of America Team Member Salaries by 800+ Employees (Updated 2025)

0 - 6 years exp.

₹1.6 Lakh - ₹5 Lakhs

Salary of majority employees

Fixed (100%)

₹3.9 Lakhs

Variable (0%)

₹0.0

Unlock

5% less than the average Team Member Salary in Banking Companies for 0 - 6 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Customer Success, Service & Operations Team Member Salary 0 - 6 years exp. (233 salaries)	Unlock ₹2.1 L/yr - ₹4.8 L/yr
Finance & Accounting Team Member Salary 0 - 5 years exp. (176 salaries)	Unlock ₹1.6 L/yr - ₹4.6 L/yr
Login to view exact salary
BFSI, Investments & Trading Team Member Salary 0 - 6 years exp. (117 salaries)	Unlock ₹2 L/yr - ₹5 L/yr
Risk Management & Compliance Team Member Salary 0 - 6 years exp. (64 salaries)	Unlock ₹3 L/yr - ₹4.8 L/yr

Last Updated: 28 Feb 2025

Companies similar to Bank of America for Team Member

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Team Member Salary 0 - 6 years exp. (18 salaries)	Unlock ₹1.1 L/yr - ₹6 L/yr 28% less
Standard Chartered Team Member Salary 8 - 9 years exp. (3 salaries)	Unlock ₹6 L/yr - ₹14 L/yr 144% more
Login to view exact salary
Kotak Mahindra Bank Team Member Salary 0 - 16 years exp. (24 salaries)	Unlock ₹1.6 L/yr - ₹9.8 L/yr 52% more
Yes Bank Team Member Salary 6 - 9 years exp. (3 salaries)	Unlock ₹1.1 L/yr - ₹4 L/yr 16% less	1 job opening
IndusInd Bank Team Member Salary 2 - 9 years exp. (4 salaries)	Unlock ₹2.8 L/yr - ₹7.5 L/yr 30% more
IDFC FIRST Bank Team Member Salary 2 - 4 years exp. (3 salaries)	Unlock ₹2 L/yr - ₹3 L/yr 35% less
JPMorgan Chase & Co. Team Member Salary 0 - 6 years exp. (364 salaries)	Unlock ₹1.5 L/yr - ₹7.3 L/yr 14% more
DCB Bank Team Member Salary 0 - 6 years exp. (13 salaries)	Unlock ₹2 L/yr - ₹3.6 L/yr 22% less	4 job openings
ANZ Banking Group Team Member Salary 2 - 15 years exp. (4 salaries)	Unlock ₹3.6 L/yr - ₹21 L/yr 128% more
HSBC Group Team Member Salary 2 - 7 years exp. (4 salaries)	Unlock ₹2.9 L/yr - ₹4.5 L/yr 10% less
RBL Bank Team Member Salary 3 - 6 years exp. (3 salaries)	Unlock ₹3.3 L/yr - ₹4 L/yr 7% less
Login to view exact salary
Morgan Stanley Team Member Salary 0 - 8 years exp. (3 salaries)	Unlock ₹3 L/yr - ₹5 L/yr 7% more
Barclays Team Member Salary 2 - 16 years exp. (3 salaries)	Unlock ₹5.7 L/yr - ₹12 L/yr 153% more
NatWest Group Team Member Salary 2 - 12 years exp. (3 salaries)	Unlock ₹1.8 L/yr - ₹6 L/yr 5% more

Team Member salary at Bank of America ranges between ₹1.6 Lakh to ₹5 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 864 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Team Member

1d ago

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4 months exp.

1d ago

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4 years exp.

4d ago

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3 months exp.

6d ago

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3 years exp.

6d ago

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2 years exp.

6d ago

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4 years exp.

1w ago

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3 years exp.

1w ago

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5 months exp.

1w ago

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3 years exp.

1w ago

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3 years exp.

Experience wise Bank of America Team Member salaries

Last Updated: 28 Feb 2025

Experience	Avg Annual Salary
Fresher (109 salaries)	Unlock ₹3 L/yr - ₹4.5 L/yr
1 year (258 salaries)	Unlock ₹1.6 L/yr - ₹4.6 L/yr
Login to view exact salary
2 years (255 salaries)	Unlock ₹1.8 L/yr - ₹5 L/yr
3 years (170 salaries)	Unlock ₹2.1 L/yr - ₹4.9 L/yr
4 years (55 salaries)	Unlock ₹2.5 L/yr - ₹4.8 L/yr
5 years (11 salaries)	Unlock ₹3.3 L/yr - ₹4.5 L/yr
6 years (6 salaries)	Unlock ₹3.6 L/yr - ₹4.4 L/yr

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From

Team Member

₹

Lakhs/yr

0 - 6 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Team Member 0 - 6 years exp.

Unlock

Senior Team Member 1 - 7 years exp.

Unlock

22% hike

Team Developer 3 - 12 years exp.

Unlock

52% hike

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Top skills at Bank of America for Team Member

Risk Management Business Services Banking Customer Service Analytical skills Operational Excellence Talent Acquisition Analytics Business Intelligence Asset Management Finance XML Relationship Management MS Office Quality Systems

Salary related reviews for Bank of America

3.7

Rated by 201 employees for salary & benefits

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

Team Member in Gurgaon / Gurugram

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 08 May 2023

4.0

for Salary and Benefits

Likes

There is no doubt Bofa has really good job security and pay I average. Like you will be able to just meet the rent and food at least. this is the only good part.

Salary - Good

+3 more

Dislikes

- They don't care about your development. - They won't tell you during the interview, what type of work you will be doing and which time you will be working. - Coming to timing they gave graveyard shift which is 3 am in the morning.At that time I didn't have any option to join Bofa. So I had to accept it. - Leaving the company process is straight-up trash. they sent the laptop but when it came to Pick the laptop up they refused. they want it delivered to their office by hand. like what the heck.

Promotions - Poor

+1 more

Team Member in Gift City Gandhinagar

Finance & Accounting Department

5.0

• posted on 23 Jan 2022

5.0

for Salary and Benefits

Likes

The best company I hd ever worked as this is my 1st job but they cares there employees, they help us and support us in every way they can..A very balanced and benefited company.

Salary - Excellent

+6 more

Dislikes

It's about the target work and providing less salary.

Team Member in Guegaon

Finance & Accounting Department

5.0

• posted on 05 Jun 2021

5.0

for Salary and Benefits

Likes

Bank of America is one of the best companies I ever thought of working with. Complete job security, everyone is so polite whether its your Front line manager or senior manager, they are ready to listen to your issues and try solve them. Best work culture, they provide work to you according to your qualities and which you can easily manage and at every point of time you can ask your seniors for help, they are very polite in providing you solution.

Salary - Excellent

+6 more

Dislikes

Seriously nothing to dislike, best salary, best growth, great company.

Team Member in Gurgaon / Gurugram

Commercial loans/operations Department

3.0

• posted on 09 Oct 2018

2.0

for Salary and Benefits

Likes

...g with with BOA. The team was amazing, the work culture and everything was good. If you are going for the salary please don't go. They are not good in that nor in appraisals. Environment, job security, learnings are good.

Job security - Good

+1 more

Dislikes

1. Salary 2. Appraisal 3.politics in IJPs 4.Work-life balance (never with night shifts)

Salary - Poor

+1 more

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Bank of America Team Member Salary FAQs

What is the salary of Team Member at Bank of America?

Team Member salary at Bank of America in India ranges between ₹1.6 Lakhs to ₹5.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 5% less than the average Team Member Salary in India. Salary estimates are based on 864 latest salaries received from various employees of Bank of America India.

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

The average salary of a Team Member at Bank of America is 5% less than the average salary of a Team Member in India. To know exact salary insights, login to view.

What are the top skills required to work as a Team Member at Bank of America?

Risk Management, Business Services, Banking, Customer Service and Analytical skills are some of the popular skills required to work as a Team Member at Bank of America India.

Which similar companies are paying more than Bank of America to a Team Member in India?

Barclays Team Member Salary - ₹5.7 Lakhs to ₹12.0 Lakhs per year
Standard Chartered Team Member Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
ANZ Banking Group Team Member Salary - ₹3.6 Lakhs to ₹21.0 Lakhs per year
Kotak Mahindra Bank Team Member Salary - ₹1.6 Lakhs to ₹9.8 Lakhs per year
IndusInd Bank Team Member Salary - ₹2.8 Lakhs to ₹7.5 Lakhs per year

What is the salary of a Team Member in companies similar to Bank of America in India?

JPMorgan Chase & Co. Team Member Salary - ₹1.5 Lakhs to ₹7.3 Lakhs per year
Morgan Stanley Team Member Salary - ₹3.0 Lakhs to ₹5.0 Lakhs per year
NatWest Group Team Member Salary - ₹1.8 Lakhs to ₹6.0 Lakhs per year
RBL Bank Team Member Salary - ₹3.3 Lakhs to ₹4.0 Lakhs per year
HSBC Group Team Member Salary - ₹2.9 Lakhs to ₹4.5 Lakhs per year

What is the estimated take home salary of a Team Member at Bank of America in India?

The estimated take-home salary of a Team Member at Bank of America ranges between ₹28,822 per month to ₹30,204 per month in India. The take-home salary calculation is based on the average Bank of America Team Member salary in India which ranges between ₹1.6 Lakhs to ₹5.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

What is the notice period for Team Member at Bank of America?

According to AmbitionBox, 64% of the Bank of America Team Member s reported a notice period of 2 Months, 17% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 636 responses on AmbitionBox in last 2 years.

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Bank of America Team Member Salaries by Location

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Bank of America Team Member Salaries

Bank of America Team Member salary in India ranges between ₹1.6 Lakh to ₹5 Lakhs with an average annual salary of ₹. Salary estimates are based on 864 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Team Member salaries in India (Updated 2025)

Companies similar to Bank of America for Team Member

Latest annual salaries shared by Bank of America Team Member

Experience wise Bank of America Team Member salaries

Similar Designation salaries in Bank of America

Top skills at Bank of America for Team Member

Salary related reviews for Bank of America

Team Member in New Delhi

Team Member in Gurgaon / Gurugram

Team Member in Gift City Gandhinagar

Team Member in Guegaon

Team Member in Gurgaon / Gurugram

Bank of America Team Member Salary FAQs

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Bank of America Team Member Salaries by Location