Bank of America Chennai Test Lead Salaries by 4 Employees (Updated 2025)

8 - 13 years exp.

₹11.5 Lakhs - ₹26.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

34% more than the average Test Lead Salary in Banking Companies for 8 - 13 years of experience

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Last Updated: 15 Mar 2025

Companies similar to Bank of America for Test Lead in Chennai

Bank of America Test Lead Salary

8 - 13 years exp. (4 salaries)

₹11.5 L/yr - ₹26.5 L/yr

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Test Lead Salary 8 - 14 years exp. (169 salaries)	₹7.5 L/yr - ₹26.6 L/yr 24% less
NatWest Group Test Lead Salary 10 - 16 years exp. (27 salaries)	₹12.5 L/yr - ₹25 L/yr 9% more
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Barclays Test Lead Salary 7 - 12 years exp. (14 salaries)	₹8.2 L/yr - ₹21 L/yr 6% less
HCLTech Test Lead Salary 4 - 14 years exp. (767 salaries)	₹6 L/yr - ₹20.4 L/yr 39% less	1 job opening
Cognizant Test Lead Salary 6 - 16 years exp. (357 salaries)	₹6.3 L/yr - ₹26 L/yr 31% less

Test Lead salary at Bank of America ranges between ₹11.5 Lakhs to ₹26.5 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Test Lead salaries in Chennai

Last Updated: 15 Mar 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
9 years (AmbitionBox Estimate)	₹18 L/yr - ₹23.1 L/yr
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10 years (AmbitionBox Estimate)	₹18.7 L/yr - ₹23.9 L/yr
11 years (AmbitionBox Estimate)	₹19.3 L/yr - ₹24.7 L/yr
12 years (AmbitionBox Estimate)	₹20 L/yr - ₹25.5 L/yr
13 years (AmbitionBox Estimate)	₹20.6 L/yr - ₹26.4 L/yr

View all

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₹11 L/yr - ₹32 L/yr

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

Process Associate in Mumbai

Full Time

Customer Success, Service & Operations Department

1.0

• posted on 28 Mar 2025

1.0

for Salary and Benefits

Likes

...e was good but now India Mumbai site leadership gang just exploiting employee...for their bonus and promotion..they are paying less to employees and keeping all the money in their pockets

Dislikes

Office politics. you can't grow if you are not part of gang ...old employee are forced to leave the company as now they are good for nothing for leadership team.....all the leaders got promotion because of old employees hard work but now they forgot everything and they are making their life miserable

Salary - Bad

+4 more

see more salary related reviews

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of America Test Lead Salary FAQs

What is the salary of Test Lead at Bank of America in Chennai?

The average salary of a Test Lead at Bank of America in Chennai typically ranges from ₹11.5 Lakhs to ₹26.5 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Test Lead in Chennai at Bank of America earn more than ₹26.5 Lakhs per year, and the top 1% earn over ₹26.5 Lakhs per year. Test Lead 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 Test Lead at Bank of America in Chennai?

The estimated take-home salary of a Test Lead at Bank of America in Chennai typically ranges from ₹1,37,782 to ₹1,42,875 per month. This is based on the average salary range of ₹11.5 Lakhs to ₹26.5 Lakhs per year for employees with experience ranging from 8 years to 13 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 Test Lead in India?

NatWest Group

₹12.5 Lakhs to ₹25.0 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 Test Lead in companies similar to Bank of America in Chennai?

The salary of a Test Lead at companies similar to Bank of America in Chennai varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays	₹8.2 Lakhs to ₹21.0 Lakhs per year
Standard Chartered	₹7.5 Lakhs to ₹26.6 Lakhs per year
Cognizant	₹6.3 Lakhs to ₹26.0 Lakhs per year
HCLTech	₹6.0 Lakhs to ₹20.4 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 Lead at Bank of America in Chennai?

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

Experience	Average Salary Range
8 years	₹17.4 Lakhs to ₹22.2 Lakhs per year
9 years	₹18.0 Lakhs to ₹23.1 Lakhs per year
10 years	₹18.7 Lakhs to ₹23.9 Lakhs per year
11 years	₹19.3 Lakhs to ₹24.7 Lakhs per year

and so on.

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Bank of America Test Lead Salaries in Chennai

Bank of America Test Lead salary in Chennai ranges between ₹11.5 Lakhs to ₹26.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of America latest salaries received from various employees of Bank of America.