Bank of America Team Member Salaries by 900+ Employees (Updated 2025)

0 - 5 years exp.

₹1.6 Lakh - ₹5 Lakhs

Salary of majority employees

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

Interested in this particular role? 2 job openings

Salaries in different departments

Customer Success, Service & Operations Team Member Salary 0 - 5 years exp. (235 salaries)	₹2.1 L/yr - ₹5 L/yr
Finance & Accounting Team Member Salary 0 - 5 years exp. (176 salaries)	₹1.6 L/yr - ₹5 L/yr
Login to view exact salary
BFSI, Investments & Trading Team Member Salary 0 - 5 years exp. (111 salaries)	₹2 L/yr - ₹5 L/yr
Risk Management & Compliance Team Member Salary 0 - 5 years exp. (64 salaries)	₹3 L/yr - ₹4.8 L/yr
Data Science & Analytics Team Member Salary 0 - 4 years exp. (18 salaries)	₹2.3 L/yr - ₹4 L/yr

View all

Last Updated: 30 Mar 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)	₹1.1 L/yr - ₹6 L/yr 28% less
DCB Bank Team Member Salary 0 - 6 years exp. (13 salaries)	₹2 L/yr - ₹3.6 L/yr 22% less
Login to view exact salary
IndusInd Bank Team Member Salary 2 - 9 years exp. (4 salaries)	₹2.8 L/yr - ₹7.5 L/yr 31% more
HDFC Bank Team Member Salary 0 - 11 years exp. (4 salaries)	₹3 L/yr - ₹5 L/yr 12% less	4 job openings
ANZ Banking Group Team Member Salary 2 - 15 years exp. (4 salaries)	₹3.6 L/yr - ₹21 L/yr 129% more
Yes Bank Team Member Salary 6 - 9 years exp. (3 salaries)	₹1.1 L/yr - ₹4 L/yr 16% less
RBL Bank Team Member Salary 3 - 6 years exp. (3 salaries)	₹3.3 L/yr - ₹4 L/yr 7% less
IDFC FIRST Bank Team Member Salary 2 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3 L/yr 35% less
Standard Chartered Team Member Salary 8 - 9 years exp. (3 salaries)	₹6 L/yr - ₹14 L/yr 145% more
Barclays Team Member Salary 2 - 16 years exp. (3 salaries)	₹5.7 L/yr - ₹12 L/yr 153% more
NatWest Group Team Member Salary 2 - 12 years exp. (3 salaries)	₹1.8 L/yr - ₹6 L/yr 5% more
Login to view exact salary

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 5 years. Salary estimates are based on 932 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Team Member salaries

Last Updated: 30 Mar 2025

Experience	Avg Annual Salary
Fresher (115 salaries)	₹3 L/yr - ₹4.5 L/yr
1 year (277 salaries)	₹1.6 L/yr - ₹4.6 L/yr
Login to view exact salary
2 years (275 salaries)	₹1.8 L/yr - ₹5 L/yr
3 years (194 salaries)	₹2.1 L/yr - ₹5 L/yr
4 years (61 salaries)	₹2.3 L/yr - ₹5 L/yr
5 years (10 salaries)	₹3.3 L/yr - ₹4.5 L/yr

View all

From

Team Member

₹

Lakhs/yr

0 - 5 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Team Member

0 - 5 years exp.

Senior Team Member

1 - 6 years exp.

20% hike

Team Developer

2 - 12 years exp.

56% 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

(2.3k salaries)

₹5.7 L/yr - ₹17.47 L/yr

Team Developer Salary

(1.9k salaries)

₹2.4 L/yr - ₹11 L/yr

Senior Team Member Salary

(904 salaries)

₹2.2 L/yr - ₹9 L/yr

Senior Analyst Salary

(861 salaries)

₹11.66 L/yr - ₹31.17 L/yr

Analyst Salary

(722 salaries)

₹6.97 L/yr - ₹30 L/yr

Assistant Vice President Salary

(602 salaries)

₹22 L/yr - ₹60 L/yr

Quality Specialist Salary

(356 salaries)

₹6.59 L/yr - ₹21.66 L/yr

Lead Analyst Salary

(282 salaries)

₹15.95 L/yr - ₹40 L/yr

Fraud Analyst Salary

(272 salaries)

₹2.4 L/yr - ₹5.5 L/yr

Senior Technical Associate Salary

(191 salaries)

₹3.4 L/yr - ₹11.89 L/yr

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 206 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

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a manager - business analyst

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

Got a question about Bank of America?

Ask anonymously on communities.

Bank of America Team Member Salary FAQs

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

The average salary of a Team Member at Bank of America in India typically ranges from ₹1.6 Lakhs to ₹5.0 Lakhs per year, depending on experience (from Fresher to 5 years).

The top 10% of Team Member at Bank of America earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.9 Lakhs per year. Team Member 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 900+ Bank of America employees in India.

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 in India typically ranges from ₹28,740 to ₹30,123 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹5.0 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 900+ 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 Member at Bank of America ?

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

- Risk Management
- Business Services
- Banking
- Customer Service
- Analytical skills

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

Which companies offer higher salaries than Bank of America for Team Member in India?

Barclays	₹5.7 Lakhs to ₹12.0 Lakhs per year
Standard Chartered	₹6.0 Lakhs to ₹14.0 Lakhs per year
ANZ Banking Group	₹3.6 Lakhs to ₹21.0 Lakhs per year
IndusInd Bank	₹2.8 Lakhs to ₹7.5 Lakhs per year
NatWest Group	₹1.8 Lakhs to ₹6.0 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 Team Member in companies similar to Bank of America in India?

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

RBL Bank	₹3.3 Lakhs to ₹4.0 Lakhs per year
HDFC Bank	₹3.0 Lakhs to ₹5.0 Lakhs per year
Yes Bank	₹1.1 Lakhs to ₹4.0 Lakhs per year
DCB Bank	₹2.0 Lakhs to ₹3.6 Lakhs per year
ICICI Bank	₹1.1 Lakhs to ₹6.0 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 Team Member at Bank of America in India?

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

Experience	Average Salary Range
Fresher	₹3.0 Lakhs to ₹4.5 Lakhs per year
1 year	₹1.6 Lakhs to ₹4.6 Lakhs per year
2 years	₹1.8 Lakhs to ₹5.0 Lakhs per year
3 years	₹2.1 Lakhs to ₹5.0 Lakhs per year

and so on.

Tell us how to improve this page.

Bank of America Team Member Salaries by Location

Home >
Salaries >
Bank of America Salaries >
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 932 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

Tell us how to improve this page.

Bank of America Team Member Salaries by Location