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Bank of America Team Member salaries in Hyderabad / Secunderabad (Updated 2025)

Annual salary range
0 - 4 years exp.
₹1.6 Lakh - ₹4.5 Lakhs
Avg. annual salary
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Monthly In-hand Salary

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16% less than the average Team Member Salary in Banking Companies for 0 - 4 years of experience

Interested in this particular role? 2 job openings

Salaries in different departments

Finance & Accounting
Team Member Salary
0 - 4 years exp. (20 salaries)
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₹1.6 L/yr - ₹4.2 L/yr

BFSI, Investments & Trading
Team Member Salary
0 - 4 years exp. (15 salaries)
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₹2 L/yr - ₹4.5 L/yr

Customer Success, Service & Operations
Team Member Salary
0 - 4 years exp. (6 salaries)
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₹2.1 L/yr - ₹4.3 L/yr

Risk Management & Compliance
Team Member Salary
Fresher (AmbitionBox Estimate)
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₹3 L/yr - ₹4.1 L/yr

Last Updated: 5 Apr 2025

Companies similar to Bank of America for Team Member in Hyderabad / Secunderabad

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Bank of America Team Member Salary

0 - 4 years exp. (60 salaries)

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₹1.6 L/yr - ₹4.5 L/yr

vs
Company name Avg Annual Salary Open Jobs
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ICICI Bank Team Member Salary

1 - 5 years exp. (8 salaries)

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₹1.1 L/yr - ₹3 L/yr

arrow icon 28% less
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Dr. Reddy's Team Member Salary

1 - 13 years exp. (1.4k salaries)

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₹1.9 L/yr - ₹9.7 L/yr

arrow icon 59% more
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JPMorgan Chase & Co. Team Member Salary

0 - 7 years exp. (93 salaries)

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₹2 L/yr - ₹7.1 L/yr

arrow icon 21% more
1 job opening
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HDB Financial Services Team Member Salary

1 - 8 years exp. (70 salaries)

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₹1.6 L/yr - ₹4.1 L/yr

arrow icon 19% less
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TCS Team Member Salary

1 - 7 years exp. (56 salaries)

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₹1.8 L/yr - ₹8.4 L/yr

arrow icon 22% more
Team Member salary at Bank of America ranges between ₹1.6 Lakh to ₹4.5 Lakhs per year for employees with less than 1 year of experience to 4 years. Salary estimates are based on 60 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Team Member in Hyderabad / Secunderabad

2d ago
₹3.5 Lakhs
6 months exp.
1w ago
₹3.9 Lakhs
1 year exp.
1w ago
₹3.8 Lakhs
2 years exp.
2w ago
₹3.5 Lakhs
1 year exp.
2w ago
₹3.5 Lakhs
1 year exp.
2w ago
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1 year exp.
4w ago
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3 months exp.
1mo ago
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4 years exp.
3mo ago
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4 years exp.
3mo ago
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2 years exp.

Experience wise Bank of America Team Member salaries in Hyderabad / Secunderabad

Last Updated: 5 Apr 2025

Experience Avg Annual Salary
Fresher  (8 salaries)

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₹3 L/yr - ₹3.9 L/yr
1 year  (15 salaries)

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₹1.6 L/yr - ₹4 L/yr
2 years  (14 salaries)

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₹1.8 L/yr - ₹4.5 L/yr
3 years  (12 salaries)

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₹2.1 L/yr - ₹4.2 L/yr
4 years  (11 salaries)

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₹2.8 L/yr - ₹4.3 L/yr
Bank of America Team Member Salary and Career Growth

From

To

Team Member

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0 - 5 years exp.

Vice President

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12 - 25 years exp.

Team Member

0 - 5 years exp.
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Senior Team Member

1 - 6 years exp.
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arrow icon 20% hike

Team Developer

2 - 12 years exp.
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arrow icon 55% 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
(542 salaries)
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₹5.37 L/yr - ₹16 L/yr
Team Developer Salary
(473 salaries)
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₹2.4 L/yr - ₹11 L/yr
Senior Analyst Salary
(298 salaries)
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₹11.22 L/yr - ₹30 L/yr
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₹2.2 L/yr - ₹8 L/yr
Analyst Salary
(183 salaries)
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₹7.97 L/yr - ₹23 L/yr
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₹22 L/yr - ₹54.5 L/yr
Lead Analyst Salary
(119 salaries)
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₹17.25 L/yr - ₹39 L/yr
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₹3.4 L/yr - ₹13.5 L/yr
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₹6.3 L/yr - ₹23.4 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

3.9

Rated by 40 employees for salary & benefits

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

read more
  • Salary - Bad
  • +3 more

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.

read more
  • 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.

read more
  • Promotions - Poor
  • +1 more

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.

read more
  • Salary - Excellent
  • +6 more

Dislikes

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

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.

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  • Salary - Excellent
  • +6 more

Dislikes

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

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.

read more
  • Job security - Good
  • +1 more

Dislikes

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

read more
  • Salary - Poor
  • +1 more
see more salary related reviews

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Bank of America Team Member Salary FAQs

What is the salary of Team Member at Bank of America in Hyderabad / Secunderabad?
The average salary of a Team Member at Bank of America in Hyderabad / Secunderabad typically ranges from ₹1.6 Lakhs to ₹4.5 Lakhs per year, depending on experience (from Fresher to 4 years).

The top 10% of Team Member in Hyderabad / Secunderabad at Bank of America earn more than ₹4.1 Lakhs per year, and the top 1% earn over ₹4.5 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 60+ Bank of America employees in India.
What is the estimated take home salary of a Team Member at Bank of America in Hyderabad / Secunderabad?
The estimated take-home salary of a Team Member at Bank of America in Hyderabad / Secunderabad typically ranges from ₹28,043 to ₹29,437 per month. This is based on the average salary range of ₹1.6 Lakhs to ₹4.5 Lakhs per year for employees with experience ranging from Fresher to 4 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 60+ 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 in Hyderabad / Secunderabad?
To be a Team Member at Bank of America in Hyderabad / Secunderabad, 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?
Dr. Reddy's ₹1.9 Lakhs to ₹9.7 Lakhs per year
TCS ₹1.8 Lakhs to ₹8.4 Lakhs per year
JPMorgan Chase & Co. ₹2.0 Lakhs to ₹7.1 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 Hyderabad / Secunderabad?
The salary of a Team Member at companies similar to Bank of America in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

HDB Financial Services ₹1.6 Lakhs to ₹4.1 Lakhs per year
ICICI Bank ₹1.1 Lakhs to ₹3.0 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 Hyderabad / Secunderabad?
The salary growth for a Team Member at Bank of America in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Team Member in Hyderabad / Secunderabad can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
Fresher ₹3.0 Lakhs to ₹3.9 Lakhs per year
1 year ₹1.6 Lakhs to ₹4.0 Lakhs per year
2 years ₹1.8 Lakhs to ₹4.5 Lakhs per year
3 years ₹2.1 Lakhs to ₹4.2 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of America Team Member salary in Hyderabad / Secunderabad ranges between ₹1.6 Lakh to ₹4.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 60 Bank of America latest salaries received from various employees of Bank of America.