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Bank of America Team Lead Salaries in India (Updated 2025)

based on 2.2k latest salaries
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Engineering - Software & QA Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations + 6 more
Designation Avg Annual Salary Open Jobs
0 - 17 years exp. (2.3k salaries)
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₹5.7 L/yr - ₹16 L/yr

9 job openings
7 - 16 years exp. (4 salaries)
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₹24.5 L/yr - ₹34 L/yr

0 - 5 years exp. (4 salaries)
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₹1.2 L/yr - ₹2.3 L/yr

14 - 17 years exp. (4 salaries)
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₹38.5 L/yr - ₹45 L/yr

5 - 16 years exp. (4 salaries)
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₹15 L/yr - ₹23.5 L/yr

Fresher (4 salaries)
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₹4 L/yr - ₹6.5 L/yr

6 - 9 years exp. (4 salaries)
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₹13 L/yr - ₹23 L/yr

5 - 13 years exp. (4 salaries)
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₹6.2 L/yr - ₹18 L/yr

5 - 10 years exp. (4 salaries)
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₹14.5 L/yr - ₹18.3 L/yr

12 - 16 years exp. (4 salaries)
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₹21 L/yr - ₹30 L/yr

17 - 22 years exp. (4 salaries)
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₹26.2 L/yr - ₹30 L/yr

28 - 31 years exp. (4 salaries)
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₹1 Cr/yr - ₹1 Cr/yr

4 - 8 years exp. (4 salaries)
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₹2.3 L/yr - ₹4.1 L/yr

20 - 25 years exp. (4 salaries)
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₹94.8 L/yr - ₹1.1 Cr/yr

1 - 14 years exp. (4 salaries)
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₹5.3 L/yr - ₹10 L/yr

2 - 5 years exp. (4 salaries)
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₹3.9 L/yr - ₹4 L/yr

4 - 6 years exp. (4 salaries)
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₹7.4 L/yr - ₹13.4 L/yr

3 - 14 years exp. (4 salaries)
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₹8 L/yr - ₹85 L/yr

3 - 20 years exp. (4 salaries)
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₹6 L/yr - ₹45.3 L/yr

0 - 10 years exp. (4 salaries)
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₹6.9 L/yr - ₹20 L/yr

0 - 12 years exp. (4 salaries)
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₹6.5 L/yr - ₹19.8 L/yr

Last Updated: 3 Jan, 2025

Salary related reviews for Bank of America

3.6

Rated by 264 employees for salary & benefits

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.

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  • Salary - Good
  • +6 more

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.

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BFSI, Investments & Trading Department

5.0
  •  posted on 20 Feb 2022

4.0
 for  Salary and Benefits

Likes

Work life balance is super duper great, job security is like govt.job,management is very supportive and company policies are employee friendly.

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  • Salary - Good
  • +6 more

Dislikes

Yearly bonus is very less as compared to other companies of same industry. No gifts on diwali, no monetary reward

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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.

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  • 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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EDMA Department

1.0
  •  posted on 09 Mar 2022

2.0
 for  Salary and Benefits

Likes

Nothing exceptional , just an another service class company.

  • Job security - Good

Dislikes

Service class company with senior posts occupied from TCS return candidates. selectivitism in salary hikes and promotions. dont join if you are looking for career growth.

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  • Salary - Poor
  • +5 more

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

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Bank of America Salary FAQs

How much does Bank of America pay to its employees?
The average annual salary at Bank of America varies depending on the role, experience, and location. The salary ranges for some popular designations at Bank of America, are as follows:

Team Lead ₹5.7 Lakhs to ₹16 Lakhs per year
Lead Developer ₹24.5 Lakhs to ₹34 Lakhs per year
Executive Accountant ₹1.2 Lakhs to ₹2.3 Lakhs per year
AVP Finance ₹38.5 Lakhs to ₹45 Lakhs per year

The highest-paying role, Director, earns between ₹80 Lakhs to ₹1 Crore per year. The top 10% of employees earn more than ₹30 Lakhs per year, and the top 1% earn over ₹59.4 Lakhs per year. 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 salary estimates are based on data from 2.2k salaries submitted by Bank of America employees. Bank of America is rated 3.6 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Bank of America in India?
The salary of a fresher at Bank of America in India typically ranges from ₹3 Lakhs to ₹25 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Team Member Salary ₹3 Lakhs to ₹4.5 Lakhs per year
Fresher as a Senior Technical Associate Salary ₹6 Lakhs to ₹13.2 Lakhs per year
Fresher as a Team Lead Salary ₹7.5 Lakhs to ₹13.7 Lakhs per year
Fresher as a Software Developer Salary ₹6 Lakhs to ₹10 Lakhs per year

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Average annual salary for Team Lead in Bank of America is INRunlock blur . Salary estimates are based on 2.2k Bank of America latest salaries received from various employees of Bank of America.

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