Bank of America Test Engineer Salaries by 7 Employees

2 - 6 years exp.

₹4.5 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

68% more than the average Test Engineer Salary in Banking Companies for 2 - 6 years of experience

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Salaries in different departments

Engineering - Software & QA Test Engineer Salary 2 - 5 years exp. (3 salaries)	₹4.6 L/yr - ₹9.5 L/yr
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Customer Success, Service & Operations Test Engineer Salary 4 years exp. (AmbitionBox Estimate)	₹4.1 L/yr - ₹5 L/yr

Last Updated: 7 Nov 2024

Companies similar to Bank of America for Test Engineer

Company name	Avg Annual Salary	Open Jobs
JPMorgan Chase & Co. Test Engineer Salary 1 - 6 years exp. (30 salaries)	₹6.5 L/yr - ₹15.1 L/yr 5% more
Wells Fargo Test Engineer Salary 2 - 7 years exp. (42 salaries)	₹3.5 L/yr - ₹13.2 L/yr 20% less
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Goldman Sachs Test Engineer Salary 1 - 4 years exp. (4 salaries)	₹4 L/yr - ₹22 L/yr 8% more
Morgan Stanley Test Engineer Salary 2 - 8 years exp. (10 salaries)	₹8.4 L/yr - ₹31.8 L/yr 104% more
HSBC Group Test Engineer Salary 2 - 6 years exp. (26 salaries)	₹4 L/yr - ₹13 L/yr 14% less
UBS Test Engineer Salary 2 - 9 years exp. (21 salaries)	₹9 L/yr - ₹26 L/yr 74% more
Standard Chartered Test Engineer Salary 2 - 6 years exp. (33 salaries)	₹4.4 L/yr - ₹18 L/yr 15% more
Barclays Test Engineer Salary 2 - 10 years exp. (35 salaries)	₹7.6 L/yr - ₹26 L/yr 82% more
IDFC FIRST Bank Test Engineer Salary 1 - 6 years exp. (14 salaries)	₹3.1 L/yr - ₹14.5 L/yr 12% less
ICICI Bank Test Engineer Salary 0 - 6 years exp. (11 salaries)	₹2.1 L/yr - ₹7.5 L/yr 53% less
RBL Bank Test Engineer Salary 3 - 6 years exp. (9 salaries)	₹4.4 L/yr - ₹7.5 L/yr 33% less
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NatWest Group Test Engineer Salary 3 - 9 years exp. (9 salaries)	₹2.7 L/yr - ₹10.8 L/yr 25% less
Deutsche Bank Test Engineer Salary 3 - 8 years exp. (6 salaries)	₹6 L/yr - ₹22.9 L/yr 57% more	3 job openings
AU Small Finance Bank Test Engineer Salary 2 - 4 years exp. (5 salaries)	₹1.2 L/yr - ₹4.8 L/yr 59% less
Yes Bank Test Engineer Salary 1 - 2 years exp. (4 salaries)	₹4 L/yr - ₹4.5 L/yr 53% less
HDFC Bank Test Engineer Salary 1 - 2 years exp. (4 salaries)	₹2.1 L/yr - ₹4 L/yr 73% less
DCB Bank Test Engineer Salary 2 - 4 years exp. (4 salaries)	₹3 L/yr - ₹4.3 L/yr 59% less
State Bank of India Test Engineer Salary 4 - 12 years exp. (4 salaries)	₹9 L/yr - ₹14 L/yr 39% more
ANZ Banking Group Test Engineer Salary 5 - 10 years exp. (4 salaries)	₹20 L/yr - ₹33.1 L/yr 217% more
Equitas Small Finance Bank Test Engineer Salary 2 - 5 years exp. (3 salaries)	₹4.5 L/yr - ₹14 L/yr 9% more

Test Engineer salary at Bank of America ranges between ₹4.5 Lakhs to ₹15 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 7 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Test Engineer salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
2 years (3 salaries)	₹4.6 L/yr - ₹8 L/yr
3 years (AmbitionBox Estimate)	₹3.2 L/yr - ₹12 L/yr
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4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹16.6 L/yr
5 years (AmbitionBox Estimate)	₹9.5 L/yr - ₹18.8 L/yr
6 years (AmbitionBox Estimate)	₹4.7 L/yr - ₹15 L/yr

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Salary related reviews for Bank of America

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

Salary - Good

+5 more

Dislikes

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

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.

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

Salary - Bad

+4 more

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.

Job security - Excellent

+4 more

Dislikes

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

Senior Associate in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 12 Oct 2017

3.0

for Salary and Benefits

Likes

Mentioned abpve

Skill development - Good

+3 more

Dislikes

1. Teammates - Colleagues are good. 2. Learning - Company is very good for self development as it provides various trainings on monthly basis. You can enroll yourself with consent of your leaders. 3. Job Security - Highly satisfied but at the same time no personal growth if you get stuck in comfort zone. Salary - Compensation is very less especially for freshers, Also, yearly increment is very less. I would suggest not to join if salary is primary factor other than work life balance and brand name. Politics - You will get it in every company/place. Some processes are highly corrupted. However, some are genuinely good to showcase your skills and get appreciated on your initiatives and skills. Work Environment - Very matured, Work Life Balance - is too good. Very good for females who want to spend years in this company without expecting much. Very flexible

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

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Bank of America Test Engineer Salary FAQs

What is the salary of Test Engineer at Bank of America ?

The average salary of a Test Engineer at Bank of America in India typically ranges from ₹4.5 Lakhs to ₹15.0 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Test Engineer at Bank of America earn more than ₹14.4 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Test 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 7 Bank of America employees in India.

What is the estimated take home salary of a Test Engineer at Bank of America in India?

The estimated take-home salary of a Test Engineer at Bank of America in India typically ranges from ₹66,884 to ₹68,596 per month. This is based on the average salary range of ₹4.5 Lakhs to ₹15.0 Lakhs per year for employees with experience ranging from 2 years to 6 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 7 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 Test Engineer in India?

ANZ Banking Group	₹20.0 Lakhs to ₹33.1 Lakhs per year
Morgan Stanley	₹8.4 Lakhs to ₹31.8 Lakhs per year
Barclays	₹7.6 Lakhs to ₹26.0 Lakhs per year
UBS	₹9.0 Lakhs to ₹26.0 Lakhs per year
Deutsche Bank	₹6.0 Lakhs to ₹22.9 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 Test Engineer in companies similar to Bank of America in India?

The salary of a Test 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:

State Bank of India	₹9.0 Lakhs to ₹14.0 Lakhs per year
Standard Chartered	₹4.4 Lakhs to ₹18.0 Lakhs per year
Equitas Small Finance Bank	₹4.5 Lakhs to ₹14.0 Lakhs per year
Goldman Sachs	₹4.0 Lakhs to ₹22.0 Lakhs per year
JPMorgan Chase & Co.	₹6.5 Lakhs to ₹15.1 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 Test Engineer at Bank of America in India?

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

Experience	Average Salary Range
2 years	₹4.6 Lakhs to ₹8.0 Lakhs per year
3 years	₹3.2 Lakhs to ₹12.0 Lakhs per year
4 years	₹4.5 Lakhs to ₹16.6 Lakhs per year
5 years	₹9.5 Lakhs to ₹18.8 Lakhs per year

and so on.

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Bank of America Test Engineer Salaries

Bank of America Test Engineer salary in India ranges between ₹4.5 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bank of America latest salaries received from various employees of Bank of America.