Bank of America Trainee Salaries by 4 Employees (Updated 2025)

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₹4 Lakhs - ₹6.5 Lakhs

Low Confidence

Salary of majority employees

124% more than the average Trainee Salary in Banking Companies for Fresher

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Last Updated: 12 Aug 2023

Companies similar to Bank of America for Trainee

Company name	Avg Annual Salary	Open Jobs
Goldman Sachs Trainee Salary 0 - 3 years exp. (5 salaries)	₹2 L/yr - ₹6 L/yr 21% less
HSBC Group Trainee Salary 0 - 5 years exp. (5 salaries)	₹3.5 L/yr - ₹9 L/yr 9% less
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HDFC Bank Trainee Salary 0 - 6 years exp. (168 salaries)	₹1 L/yr - ₹6.5 L/yr 44% less
ICICI Bank Trainee Salary 0 - 3 years exp. (13 salaries)	₹0.8 L/yr - ₹2.8 L/yr 67% less
Yes Bank Trainee Salary 0 - 6 years exp. (9 salaries)	₹1.2 L/yr - ₹5 L/yr 25% less
State Bank of India Trainee Salary 1 - 6 years exp. (7 salaries)	₹1.8 L/yr - ₹2 L/yr 64% less
RBL Bank Trainee Salary 0 - 3 years exp. (6 salaries)	₹1.5 L/yr - ₹10.9 L/yr 11% more
IndusInd Bank Trainee Salary 0 - 1 year exp. (5 salaries)	₹1.9 L/yr - ₹4 L/yr 52% less
DCB Bank Trainee Salary 0 - 1 year exp. (4 salaries)	₹1.2 L/yr - ₹4 L/yr 57% less
Barclays Trainee Salary 0 - 3 years exp. (3 salaries)	₹3 L/yr - ₹13.5 L/yr 77% more
Utkarsh Small Finance Bank Trainee Salary 0 - 3 years exp. (4 salaries)	₹1.6 L/yr - ₹2 L/yr 67% less
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AU Small Finance Bank Trainee Salary Fresher (4 salaries)	₹1.3 L/yr - ₹2 L/yr 70% less
NatWest Group Trainee Salary 0 - 12 years exp. (4 salaries)	₹3 L/yr - ₹12.9 L/yr 39% more
Equitas Small Finance Bank Trainee Salary 0 - 3 years exp. (3 salaries)	₹1.1 L/yr - ₹4 L/yr 61% less
IDFC FIRST Bank Trainee Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹7 L/yr 14% less

Trainee salary at Bank of America ranges between ₹4 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience. Salary estimates are based on 4 latest salaries received from various employees of Bank of America.

Experience wise Bank of America Trainee salaries

Last Updated: 12 Aug 2023

Experience	Avg Annual Salary
Fresher (4 salaries)	₹4 L/yr - ₹6.5 L/yr
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Salary related reviews for Bank of America

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

Salary - Excellent

+1 more

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

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.

Programmer Analyst in Hyderabad / Secunderabad

Engineering - Software & QA Department

4.0

• posted on 11 Sep 2017

4.0

for Salary and Benefits

Likes

1) good pay 2) time between assignment 3) average technology stack, no need to scratch your head understanding code.

Salary - Good

+4 more

Dislikes

1) out of syc technology stack 2) US team driven project 3) long working hours. Daily you will reach home after 9 pm only.

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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of America Trainee Salary FAQs

What is the salary of Trainee at Bank of America?

Trainee salary at Bank of America in India ranges between ₹4.0 Lakhs to ₹6.5 Lakhs for less than 1 year of experience. According to our estimates it is 124% more than the average Trainee Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of America India.

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

The average salary of a Trainee at Bank of America is 124% more than the average salary of a Trainee in India. To know exact salary insights, login to view.

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

Barclays Trainee Salary - ₹3.0 Lakhs to ₹13.5 Lakhs per year
NatWest Group Trainee Salary - ₹3.0 Lakhs to ₹12.9 Lakhs per year
RBL Bank Trainee Salary - ₹1.5 Lakhs to ₹10.9 Lakhs per year

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

HSBC Group Trainee Salary - ₹3.5 Lakhs to ₹9.0 Lakhs per year
IDFC FIRST Bank Trainee Salary - ₹2.6 Lakhs to ₹7.0 Lakhs per year
Goldman Sachs Trainee Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
Yes Bank Trainee Salary - ₹1.2 Lakhs to ₹5.0 Lakhs per year
HDFC Bank Trainee Salary - ₹1.0 Lakhs to ₹6.5 Lakhs per year

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

The estimated take-home salary of a Trainee at Bank of America ranges between ₹40,476 per month to ₹41,634 per month in India. The take-home salary calculation is based on the average Bank of America Trainee salary in India which ranges between ₹4.0 Lakhs to ₹6.5 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

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Bank of America Trainee Salaries

Bank of America Trainee salary in India ranges between ₹4 Lakhs to ₹6.5 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.

Bank of America Trainee salaries in India

Companies similar to Bank of America for Trainee

Experience wise Bank of America Trainee salaries

Similar Designation salaries in Bank of America

Salary related reviews for Bank of America

Software Developer in Chennai

Senior Software Engineer in Mumbai

Senior Software Engineer in Hyderabad / Secunderabad

Senior Software Engineer in Hyderabad / Secunderabad

Programmer Analyst in Hyderabad / Secunderabad

Bank of America Trainee Salary FAQs

Tell us how to improve this page.