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Bank of America

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4.2

based on 3.1k Reviews

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Bank of America Salaries in India (Updated 2025)

based on 25.3k latest salaries
Explore Salaries by Departments
Engineering - Software & QA Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations + 6 more
Designation Avg Annual Salary Open Jobs

Business Manager

6 - 14 years exp. (5 salaries)
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₹16 L/yr - ₹36 L/yr

QA Manager

10 - 13 years exp. (5 salaries)
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₹9 L/yr - ₹16.7 L/yr

Software Engineer Team Leader

8 - 11 years exp. (5 salaries)
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₹19.2 L/yr - ₹23.8 L/yr

Test Manager

11 - 13 years exp. (5 salaries)
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₹17 L/yr - ₹23.6 L/yr

Specialist Testing

1 - 15 years exp. (5 salaries)
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₹7.3 L/yr - ₹30 L/yr

Facility Executive

4 - 8 years exp. (5 salaries)
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₹3 L/yr - ₹4.7 L/yr

Desktop Support Engineer

1 - 4 years exp. (5 salaries)
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₹2.6 L/yr - ₹3.2 L/yr

Security Officer

1 - 19 years exp. (5 salaries)
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₹2.5 L/yr - ₹7.7 L/yr

Middleware Administrator

1 - 12 years exp. (5 salaries)
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₹4.9 L/yr - ₹20 L/yr

Information Security Analyst

5 - 11 years exp. (5 salaries)
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₹6.6 L/yr - ₹20.2 L/yr

Senior Test Analyst

4 - 15 years exp. (5 salaries)
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₹6.5 L/yr - ₹23 L/yr

Test Analyst

6 - 10 years exp. (5 salaries)
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₹10.5 L/yr - ₹16 L/yr

Officer - Team Leader

2 - 12 years exp. (5 salaries)
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₹9.5 L/yr - ₹12 L/yr

Analyst Apps Prog

5 - 12 years exp. (5 salaries)
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₹9.9 L/yr - ₹18.4 L/yr

SDE

0 - 8 years exp. (5 salaries)
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₹8.5 L/yr - ₹21 L/yr

Associate Analyst

0 - 3 years exp. (5 salaries)
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₹4.2 L/yr - ₹12.1 L/yr

Senior Application Developer

6 - 11 years exp. (5 salaries)
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₹13 L/yr - ₹26 L/yr

Engineer- Customer Support

1 - 4 years exp. (5 salaries)
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₹1.9 L/yr - ₹2.3 L/yr

Senior Lead Analyst

9 - 15 years exp. (5 salaries)
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₹22.5 L/yr - ₹30.3 L/yr

Senior Team Manager

0 - 5 years exp. (5 salaries)
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₹3.1 L/yr - ₹6 L/yr

Last Updated: 20 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w
an architect
Help me choose New Regime or Old Regime for my salary revision
Hi I am working as a full stack Architect (14 yeo) and Following is my CTC. Please help me calculate in hand salary and choose New or OLD regime. I have been doing Old regime till last year with a salary of 48 CTC. Now post revision it increased to 56L CTC effective March 1st. My PF alone will cover 80C Also have additional 50000 contribution in NPS My HRA is around 25K per month (300000) Health insurance for family 28000 Mom's medical expense 30000 (No personal (Have medical complications) or corporate insurance unfortunately) I have a home loan however its under construction, so not eligible yet for tax benefits
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Salary related reviews for Bank of America

3.8

Rated by 3.1k employees for salary & benefits

Assistant Vice President in Mumbai

Full Time

 · 

Project & Program Management Department

2.0
  •  posted on 16 Mar 2025
2.0
 for  Salary and Benefits

Likes

Work life balance Continue to work here if you are not looking for any growth and are happy with little increments every year. Outdated process etc

read more
  • Job security - Good

Dislikes

Toxic work culture Bad managers No recognition No promotion Not good increments No bonus List goes on...

read more
  • Salary - Poor
    • +4 more

Manager in Mumbai

Full Time

 · 

Other Department

5.0
  •  posted on 13 Feb 2025
5.0
 for  Salary and Benefits

Likes

... 8 lacks. Insurance for parents/aws. Sodexo food card with 1300 monthly balance. Yearly bonus. Cab facility if you are not availing it can be get transport allowance upto 1800 monthly.

read more
  • Salary - Excellent
    • +6 more

Dislikes

Favoritism is there in internal leadership. Promotion cycle are long if you are an average performer.

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

read more
  • Salary - Bad
    • +3 more

Assistant Vice President in Chennai

Full Time

 · 

Engineering - Software & QA Department

1.0
  •  posted on 04 Oct 2024
5.0
 for  Salary and Benefits

Likes

Organization is beautifully structured ,salary wise and other benefits are very good

read more
  • Salary - Excellent

Dislikes

Management is damn worst and they literally torcher without listening the issues from employees ,for new entry mid level seniors it's very very tough to survive...lots of politics and tech stack wise is very old we work

read more
  • Skill development - Bad
    • +4 more

Senior Team Member in New Delhi

Full Time

 · 

Risk Management & Compliance Department

4.0
  •  posted on 20 Jul 2024
3.0
 for  Salary and Benefits

Likes

Work life balance Working Environment Management Perks and Benefits If you want to enjoy life with job then go for it . It’s like government job. Once you worked here you will not like working anywhere else.

read more
  • Job security - Excellent
    • +3 more

Dislikes

Appraisal and Salary. If you’re going here have mindset that they initially they don’t pay that much but with time you will experience growth if your performance is good

read more
see more salary related reviews

Bank of America interview questions by designations

Software Engineer (18)Team Member (16)Software Developer (16)Assistant Manager (9)
View all 206 interview experiences
More about working at Bank of America

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:

Business Manager ₹16 Lakhs to ₹36 Lakhs per year
QA Manager ₹9 Lakhs to ₹16.7 Lakhs per year
Software Engineer Team Leader ₹19.2 Lakhs to ₹23.8 Lakhs per year
Test Manager ₹17 Lakhs to ₹23.6 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 ₹59.6 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 25.3k salaries submitted by Bank of America employees. Bank of America is rated 3.8 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 ₹35.5 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 Team Lead Salary ₹7.5 Lakhs to ₹13.7 Lakhs per year
Fresher as a Senior Technical Associate Salary ₹6 Lakhs to ₹13.2 Lakhs per year
Fresher as a Software Developer Salary ₹6 Lakhs to ₹10 Lakhs per year

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Bank of America Salaries by Location

Average annual salary in Bank of America is INRunlock blur . Salary estimates are based on 25.3k Bank of America latest salaries received from various employees of Bank of America.

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