Bank of America Technical Associate Salaries by 10+ Employees (Updated 2024)

0 - 7 years exp.

₹5.7 Lakhs - ₹9.9 Lakhs

Salary of majority employees

49% more than the average Technical Associate Salary in Banking Companies for 0 - 7 years of experience

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Salaries in different departments

Engineering - Software & QA Technical Associate Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹6 L/yr - ₹7.6 L/yr
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IT & Information Security Technical Associate Salary 6 - 7 years exp. (AmbitionBox Estimate)	₹5.7 L/yr - ₹7.5 L/yr

Last Updated: 2 Aug 2024

Companies similar to Bank of America for Technical Associate

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Technical Associate Salary 5 - 14 years exp. (19 salaries)	₹12 L/yr - ₹22.2 L/yr 125% more
Wells Fargo Technical Associate Salary 3 - 9 years exp. (6 salaries)	₹5 L/yr - ₹10.8 L/yr 7% more
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Goldman Sachs Technical Associate Salary 1 - 8 years exp. (12 salaries)	₹24 L/yr - ₹40 L/yr 367% more
Morgan Stanley Technical Associate Salary 0 - 8 years exp. (9 salaries)	₹10 L/yr - ₹27 L/yr 151% more
HSBC Group Technical Associate Salary 8 - 11 years exp. (4 salaries)	₹14 L/yr - ₹18 L/yr 110% more
ICICI Bank Technical Associate Salary 3 - 6 years exp. (4 salaries)	₹3 L/yr - ₹3.9 L/yr 56% less
NatWest Group Technical Associate Salary 6 - 9 years exp. (4 salaries)	₹15.5 L/yr - ₹23.8 L/yr 158% more
Deutsche Bank Technical Associate Salary 2 - 6 years exp. (3 salaries)	₹11 L/yr - ₹25 L/yr 157% more

Technical Associate salary at Bank of America ranges between ₹5.7 Lakhs to ₹9.9 Lakhs per year for employees with less than 1 year of experience to 7 years. Salary estimates are based on 11 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Technical Associate salaries

Last Updated: 2 Aug 2024

Experience	Avg Annual Salary
Fresher (6 salaries)	₹6.5 L/yr - ₹9.9 L/yr
1 year (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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2 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.4 L/yr
3 years (AmbitionBox Estimate)	₹6 L/yr - ₹13.2 L/yr
4 years (AmbitionBox Estimate)	₹6 L/yr - ₹13 L/yr
5 years (AmbitionBox Estimate)	₹6.4 L/yr - ₹8.2 L/yr
6 years (AmbitionBox Estimate)	₹5.7 L/yr - ₹12.6 L/yr
7 years (AmbitionBox Estimate)	₹6 L/yr - ₹12.5 L/yr

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Salary related reviews for Bank of America

4.7

Rated by 2 employees for salary & benefits

Software Developer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• posted on 15 Sep 2023

5.0

for Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• posted on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

Team Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• posted on 28 Jan 2022

4.0

for Salary and Benefits

Likes

Being an employee you'll get everything you'd ask for. A good work life balance, handsome package (though it depends on your last salary), nice work location with hefty of employee benefits including personal and family insurance. Overall this organisation takes care of its employees in a decent manner. P.S - There are few flaws but can be dealt easily.

Dislikes

The management plays a very vital role in terms of employees growth. Few are over burdened at the other hand few are on relaxing mode. The task allocation should be equal and associate should push to learn new things so that everyone can be involved equally. Secondly, associates who contributes in major tasks, should be recognized with better hike compared to others who are still in comfort zone.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• posted on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0

• posted on 21 Apr 2022

3.0

for Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

Dislikes

Salary hikes are average when compared to other product/bank related companies.

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What people are saying about Bank of America

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cleanhakuna

6d (edited)

student at

Institute of Management Nirma University, Ahmedabad

Career advise for early years

Hi folks!! Want one advise for my early years in corporate. I am 23 yrs old and I am working in BofA for couple of years now and this is my first job. I have deep interest and skills to excel in core finance role (investment management) but the role at BofA is completely unrelated to it. To prove my metal, I have cleared CFA level 1&2 in my first attempt with top percentile (+MBA) but kind of stuck for right opportunity. Can anyone advise how should I approach to making a shift to my desired work (asset mgt)?

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Bank of America Technical Associate Salary FAQs

What is the salary of Technical Associate at Bank of America?

Technical Associate salary at Bank of America in India ranges between ₹5.7 Lakhs to ₹9.9 Lakhs for less than 1 year of experience to 7 years. According to our estimates it is 49% more than the average Technical Associate Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Bank of America India.

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

The average salary of a Technical Associate at Bank of America is 49% more than the average salary of a Technical Associate in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of America to a Technical Associate in India?

Goldman Sachs Technical Associate Salary - ₹24.0 Lakhs to ₹40.0 Lakhs per year
NatWest Group Technical Associate Salary - ₹15.5 Lakhs to ₹23.8 Lakhs per year
Deutsche Bank Technical Associate Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
Morgan Stanley Technical Associate Salary - ₹10.0 Lakhs to ₹27.0 Lakhs per year
JPMorgan Chase & Co. Technical Associate Salary - ₹12.0 Lakhs to ₹22.2 Lakhs per year

What is the salary of a Technical Associate in companies similar to Bank of America in India?

HSBC Group Technical Associate Salary - ₹14.0 Lakhs to ₹18.0 Lakhs per year
Wells Fargo Technical Associate Salary - ₹5.0 Lakhs to ₹10.8 Lakhs per year
ICICI Bank Technical Associate Salary - ₹3.0 Lakhs to ₹3.9 Lakhs per year

What is the estimated take home salary of a Technical Associate at Bank of America in India?

The estimated take-home salary of a Technical Associate at Bank of America ranges between ₹54,229 per month to ₹55,582 per month in India. The take-home salary calculation is based on the average Bank of America Technical Associate salary in India which ranges between ₹5.7 Lakhs to ₹9.9 Lakhs per year for employees with less than 1 year of experience to 7 years. Check how did we calculate take home salary?

What is the notice period for Technical Associate at Bank of America?

According to AmbitionBox, 80% of the Bank of America Technical Associates reported a notice period of 2 Months, 20% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Bank of America Technical Associate Salaries

Bank of America Technical Associate salary in India ranges between ₹5.7 Lakhs to ₹9.9 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Bank of America latest salaries received from various employees of Bank of America.