Bank of America Mumbai Team Member Salaries by 100+ Employees (Updated 2025)

0 - 5 years exp.

₹3 Lakhs - ₹4.7 Lakhs

Salary of majority employees

14% more than the average Team Member Salary in Banking Companies for 0 - 5 years of experience

Interested in this particular role? 3 job openings

Salaries in different departments

Finance & Accounting Team Member Salary 0 - 4 years exp. (40 salaries)	₹3 L/yr - ₹4.5 L/yr
Customer Success, Service & Operations Team Member Salary 0 - 5 years exp. (38 salaries)	₹3 L/yr - ₹4.6 L/yr
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BFSI, Investments & Trading Team Member Salary 0 - 5 years exp. (28 salaries)	₹3 L/yr - ₹4.7 L/yr
Risk Management & Compliance Team Member Salary 1 - 5 years exp. (23 salaries)	₹3.2 L/yr - ₹4.4 L/yr

Last Updated: 19 Feb 2025

Companies similar to Bank of America for Team Member in Mumbai

Bank of America Team Member Salary

0 - 5 years exp. (166 salaries)

₹3 L/yr - ₹4.7 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Team Member Salary 0 - 6 years exp. (7 salaries)	₹1.1 L/yr - ₹3.2 L/yr 32% less
Kotak Mahindra Bank Team Member Salary 1 - 8 years exp. (4 salaries)	₹1.9 L/yr - ₹7.7 L/yr 44% more
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JPMorgan Chase & Co. Team Member Salary 2 - 7 years exp. (69 salaries)	₹1.5 L/yr - ₹6.4 L/yr 14% more
DCB Bank Team Member Salary 5 - 7 years exp. (5 salaries)	₹3 L/yr - ₹3.6 L/yr 18% less	4 job openings
DSV - Global Transport and Logistics Team Member Salary 1 - 10 years exp. (57 salaries)	₹2.6 L/yr - ₹6 L/yr 10% more

Team Member salary at Bank of America ranges between ₹3 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Salary estimates are based on 166 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Team Member salaries in Mumbai

Last Updated: 19 Feb 2025

Experience	Avg Annual Salary
Fresher (15 salaries)	₹3 L/yr - ₹4.5 L/yr
1 year (44 salaries)	₹3 L/yr - ₹4.6 L/yr
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2 years (58 salaries)	₹3 L/yr - ₹4.6 L/yr
3 years (34 salaries)	₹3 L/yr - ₹4.7 L/yr
4 years (12 salaries)	₹3.5 L/yr - ₹4.5 L/yr
5 years (3 salaries)	₹4 L/yr - ₹4.5 L/yr

View all

From

Team Member

₹

Lakhs/yr

0 - 6 years exp.

Vice President

₹

Lakhs/yr

14 - 25 years exp.

Team Member 0 - 6 years exp.

Senior Team Member 1 - 7 years exp.

22% hike

Team Developer 3 - 12 years exp.

51% hike

Similar Designation salaries in Bank of America

Team Lead Salary

(189 salaries)

₹5.5 L/yr - ₹15 L/yr

Analyst Salary

(165 salaries)

₹8.84 L/yr - ₹26 L/yr

Senior Analyst Salary

(140 salaries)

₹10.6 L/yr - ₹38.1 L/yr

Assistant Vice President Salary

(115 salaries)

₹15.4 L/yr - ₹55 L/yr

Fraud Analyst Salary

(99 salaries)

₹3 L/yr - ₹4.5 L/yr

Team Developer Salary

(88 salaries)

₹3.8 L/yr - ₹9.75 L/yr

Quality Specialist Salary

(59 salaries)

₹7.15 L/yr - ₹21 L/yr

Senior Team Member Salary

(52 salaries)

₹2.6 L/yr - ₹5.65 L/yr

Lead Analyst Salary

(33 salaries)

₹18.2 L/yr - ₹40 L/yr

Senior Technical Associate Salary

(24 salaries)

₹5 L/yr - ₹13.04 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

3.3

Rated by 22 employees for salary & benefits

Team Member in Mumbai

Full Time

Customer Success, Service & Operations Department

3.0

• posted on 19 Dec 2024

2.0

for Salary and Benefits

Likes

Stability. You won't be laid off for no reason!!

Job security - Excellent

+2 more

Dislikes

They offer salary as we are doing a part time job, no growth here, you can only decide your future here if you belong to rich family who get good financial support

Salary - Poor

+3 more

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.

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bank of America Team Member Salary FAQs

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

Team Member salary at Bank of America in Mumbai ranges between ₹3.0 Lakhs to ₹4.7 Lakhs for less than 1 year of experience to 5 years. According to our estimates it is 14% more than the average Team Member Salary in India. Salary estimates are based on 166 latest salaries received from various employees of Bank of America Mumbai.

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

The average salary of a Team Member at Bank of America is 14% more than the average salary of a Team Member in Mumbai. 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 Mumbai.

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

Kotak Mahindra Bank Team Member Salary - ₹1.9 Lakhs to ₹7.7 Lakhs per year
JPMorgan Chase & Co. Team Member Salary - ₹1.5 Lakhs to ₹6.4 Lakhs per year
DSV - Global Transport and Logistics Team Member Salary - ₹2.6 Lakhs to ₹6.0 Lakhs per year

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

DCB Bank Team Member Salary - ₹3.0 Lakhs to ₹3.6 Lakhs per year
ICICI Bank Team Member Salary - ₹1.1 Lakhs to ₹3.2 Lakhs per year

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

The estimated take-home salary of a Team Member at Bank of America ranges between ₹28,916 per month to ₹30,296 per month in Mumbai. The take-home salary calculation is based on the average Bank of America Team Member salary in India which ranges between ₹3.0 Lakhs to ₹4.7 Lakhs per year for employees with less than 1 year of experience to 5 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Bank of America Team Member s in Mumbai reported a notice period of 2 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 134 responses on AmbitionBox in last 2 years.

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Bank of America Team Member Salaries in Mumbai

Bank of America Team Member salary in Mumbai ranges between ₹3 Lakhs to ₹4.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 166 Bank of America latest salaries received from various employees of Bank of America.

Bank of America Team Member salaries in Mumbai

Companies similar to Bank of America for Team Member in Mumbai

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

Experience wise Bank of America Team Member salaries in Mumbai

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 Mumbai

Team Member in New Delhi

Team Member in Gurgaon / Gurugram

Team Member in Gift City Gandhinagar

Team Member in Guegaon

Bank of America Team Member Salary FAQs

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