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Bank of America Technical Consultant Engineer salaries in India (Updated 2025)

Annual salary range
4 - 8 years exp.
₹3.8 Lakhs - ₹4.8 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary
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Monthly In-hand Salary

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67% less than the average Technical Consultant Engineer Salary in Banking Companies for 4 - 8 years of experience

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Last Updated: 13 Feb 2025

Companies similar to Bank of America for Technical Consultant Engineer

Company name Avg Annual Salary Open Jobs
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Cisco Technical Consultant Engineer Salary

1 - 12 years exp. (60 salaries)

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₹7.4 L/yr - ₹27 L/yr

arrow icon 295% more
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Capgemini Technical Consultant Engineer Salary

1 - 10 years exp. (18 salaries)

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₹4 L/yr - ₹10 L/yr

arrow icon 58% more
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HCLTech Technical Consultant Engineer Salary

1 - 9 years exp. (7 salaries)

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₹4.3 L/yr - ₹12.7 L/yr

arrow icon 77% more
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Wipro Technical Consultant Engineer Salary

4 - 10 years exp. (6 salaries)

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₹9.5 L/yr - ₹12.3 L/yr

arrow icon 164% more
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₹2.5 L/yr - ₹7 L/yr

arrow icon 5% less
Technical Consultant Engineer salary at Bank of America ranges between ₹3.8 Lakhs to ₹4.8 Lakhs per year for employees with experience between 4 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Technical Consultant Engineer

3d ago
₹4.8 Lakhs
8 years exp.
3mo ago
₹4.2 Lakhs
7 years exp.
1y ago
₹4.2 Lakhs
5 years exp.
1y ago
₹3.8 Lakhs
4 years exp.

Experience wise Bank of America Technical Consultant Engineer salaries

Last Updated: 13 Feb 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹3.4 L/yr - ₹4.4 L/yr
5 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
7 years (AmbitionBox Estimate)

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₹3.8 L/yr - ₹4.8 L/yr
8 years (AmbitionBox Estimate)

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₹4.3 L/yr - ₹5.5 L/yr

Similar Designation salaries in Bank of America

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₹3.3 L/yr - ₹9.5 L/yr
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₹7.52 L/yr - ₹30 L/yr
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₹7.2 L/yr - ₹25 L/yr
Senior Engineer Salary
(32 salaries)
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₹3.36 L/yr - ₹17.69 L/yr
Senior Network Engineer Salary
(AmbitionBox Estimate)
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₹33.3 L/yr - ₹42.6 L/yr
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₹2.6 L/yr - ₹3.2 L/yr
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₹5.5 L/yr - ₹9.79 L/yr
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₹3.5 L/yr - ₹10.71 L/yr
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₹10.05 L/yr - ₹14.35 L/yr
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₹3.5 L/yr - ₹16 L/yr

Salary related reviews for Bank of America

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  posted on 07 May 2023

3.0
 for  Salary and Benefits

Likes

The pay is on time, reimbursements are not a problem. Lot of free time and not much stress over deadlines.

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  • Job security - Excellent
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Dislikes

No deadline stress means no motivation to at all complete work. No promotions, you could possibly retire without a promotion, I seem to be on that journey right now. Also, any harassment complaints fall on deaf ears, even if you are a female employee..the harasser will just be moved to a different department.

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  • Skill development - Poor
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Full Time

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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

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  • Salary - Good
  • +5 more

Dislikes

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

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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.

read more
  • Job security - Good

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

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  • Salary - Bad
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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.

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  • Job security - Excellent
  • +4 more

Dislikes

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

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GIS Department

5.0
  •  posted on 27 Jan 2022

5.0
 for  Salary and Benefits

Likes

...d it's the company with a great work ethics, work life balance and job security. Salary is all fixed + Sodexo & transport as an extra benefits. But since it's a bank, lot of projects are on legacy and switching from one technology to another is so difficult, it's only possible if you have good relations with leadership.

read more
  • Salary - Excellent
  • +6 more

Dislikes

Since it's a bank so lot of legacy project and some of the guys working in a project from 10-12 years. So it's quiet difficult to get a good latest technology project or if you want to switch technology then you should have good relationship with manager. The other problem is with their is nothing like HR, they always say we are here for you but they are for managers only, and there is no value of associate in their eyes. They just came in picture for selling parental insurance, diversity and throwing policies on associates.

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Bank of America Technical Consultant Engineer Salary FAQs

What is the salary of Technical Consultant Engineer at Bank of America ?
The average salary of a Technical Consultant Engineer at Bank of America in India typically ranges from ₹3.8 Lakhs to ₹4.8 Lakhs per year, depending on experience (from 4 years to 8 years).

The top 10% of Technical Consultant Engineer at Bank of America earn more than ₹4.8 Lakhs per year, and the top 1% earn over ₹4.8 Lakhs per year. Technical Consultant Engineer 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 4 Bank of America employees in India.
What is the estimated take home salary of a Technical Consultant Engineer at Bank of America in India?
The estimated take-home salary of a Technical Consultant Engineer at Bank of America in India typically ranges from ₹31,539 to ₹32,830 per month. This is based on the average salary range of ₹3.8 Lakhs to ₹4.8 Lakhs per year for employees with experience ranging from 4 years to 8 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 4 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of America for Technical Consultant Engineer in India?
Cisco ₹7.4 Lakhs to ₹27.0 Lakhs per year
Wipro ₹9.5 Lakhs to ₹12.3 Lakhs per year
HCLTech ₹4.3 Lakhs to ₹12.7 Lakhs per year
Capgemini ₹4.0 Lakhs to ₹10.0 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 Technical Consultant Engineer in companies similar to Bank of America in India?
The salary of a Technical Consultant Engineer at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Orange Business ₹2.5 Lakhs to ₹7.0 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 Technical Consultant Engineer at Bank of America in India?
The salary growth for a Technical Consultant Engineer at Bank of America depends on factors such as experience, performance, and promotions. On average, a Technical Consultant Engineer can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
4 years ₹3.4 Lakhs to ₹4.4 Lakhs per year
5 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
7 years ₹3.8 Lakhs to ₹4.8 Lakhs per year
8 years ₹4.3 Lakhs to ₹5.5 Lakhs per year
and so on.

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Bank of America Technical Consultant Engineer salary in India ranges between ₹3.8 Lakhs to ₹4.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.