Bank of America Salaries by 25000+ Employees (Updated 2025)

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Engineering - Software & QA Finance & Accounting BFSI, Investments & Trading Customer Success, Service & Operations + 6 more

Designation	Avg Annual Salary	Open Jobs
Vice President Operations 13 - 23 years exp. (20 salaries)	Unlock ₹32 L/yr - ₹1 Cr/yr
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Apps Programmer Analyst 1 4 - 9 years exp. (20 salaries)	Unlock ₹9.5 L/yr - ₹17.3 L/yr
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Senior Team Member Operations 2 - 6 years exp. (20 salaries)	Unlock ₹3.7 L/yr - ₹5 L/yr
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Senior Process Associate 2 - 9 years exp. (19 salaries)	Unlock ₹1.8 L/yr - ₹9.7 L/yr
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QA Specialist 4 - 11 years exp. (19 salaries)	Unlock ₹9.7 L/yr - ₹22.5 L/yr
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Architect 8 - 18 years exp. (18 salaries)	Unlock ₹32 L/yr - ₹50 L/yr
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Product Support Specialist 4 - 14 years exp. (18 salaries)	Unlock ₹10 L/yr - ₹23 L/yr
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Software Developer 1 0 - 5 years exp. (18 salaries)	Unlock ₹6.5 L/yr - ₹14 L/yr
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Team Developer Subject Matter Expert 0 - 15 years exp. (18 salaries)	Unlock ₹4.5 L/yr - ₹10.6 L/yr
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Assistant Vice President Finance 6 - 24 years exp. (18 salaries)	Unlock ₹29 L/yr - ₹57.7 L/yr
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QA Lead 6 - 16 years exp. (17 salaries)	Unlock ₹12.6 L/yr - ₹27.3 L/yr
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Senior Developer 6 - 12 years exp. (17 salaries)	Unlock ₹9 L/yr - ₹30 L/yr
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Automation Test Engineer 3 - 7 years exp. (17 salaries)	Unlock ₹5 L/yr - ₹18.6 L/yr
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Senior Data Analyst 4 - 13 years exp. (16 salaries)	Unlock ₹7.5 L/yr - ₹30 L/yr
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Senior Operations Manager 12 - 18 years exp. (16 salaries)	Unlock ₹20 L/yr - ₹36.5 L/yr	5 job openings
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Senior Software Engineer 3 7 - 17 years exp. (16 salaries)	Unlock ₹23.7 L/yr - ₹35 L/yr
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KYC Analyst 0 - 8 years exp. (15 salaries)	Unlock ₹3 L/yr - ₹6.9 L/yr
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Delivery Lead 8 - 20 years exp. (15 salaries)	Unlock ₹14.6 L/yr - ₹38 L/yr
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Investment Banking Associate 0 - 11 years exp. (15 salaries)	Unlock ₹12.3 L/yr - ₹35.6 L/yr
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Senior Test Engineer 4 - 9 years exp. (15 salaries)	Unlock ₹7.5 L/yr - ₹25 L/yr
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Salary Discussions, Hike & Promotions

2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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Salary related reviews for Bank of America

3.8

Rated by 3.1k employees for salary & benefits

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.

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

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

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

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.

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

Lead Operations Representative in Chennai

Full Time

BFSI, Investments & Trading Department

4.0

• posted on 19 May 2024

3.0

for Salary and Benefits

Likes

The bank conducts so may learning sessions to enrich our knowledge. Some interesting events once a month.

Skill development - Excellent

+2 more

Dislikes

...ter 6 years. No work life balance. No compensatory off for working on a holiday. No compensation for working beyond office hours.

Promotions - Poor

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Bank of America interview questions by designations

Software Engineer (18)Software Developer (16)Team Member (16)Team Developer (9)

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Jobs at Bank of America

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Mulesoft Developer

Hyderabad / Secunderabad, Chennai

8-13 Yrs

Not Disclosed

Terraform developer

Hyderabad / Secunderabad, Chennai

8-13 Yrs

Not Disclosed

Software Engineer III - GBS IND

Chennai

9-14 Yrs

Not Disclosed

Software Engineer III - GBS IND

Chennai

9-14 Yrs

Not Disclosed

Software Engineer II B - GBS IND

Mumbai, Chennai

4-12 Yrs

Not Disclosed

Senior Operations Manager

Hyderabad / Secunderabad, Gurgaon / Gurugram

8-16 Yrs

Not Disclosed

Software Engineer III - GBS IND - R

Mumbai, Chennai

9-15 Yrs

Not Disclosed

Software Engineer III - GBS IND

Chennai

9-12 Yrs

Not Disclosed

Software Engineer II A - GBS IND

Chennai

9-14 Yrs

Not Disclosed

Production Services Specialist -GBS IND

Chennai

4-6 Yrs

Not Disclosed

Bank of America Salary FAQs

How much does Bank of America pay per year?

The average Bank of America salary ranges from approximately ₹1.5 Lakh to ₹2.1 Lakhs per year for a Mail Room Executive and ₹75 Lakhs to ₹1.3 Crore per year for a Senior Vice President. Salary estimates are based on 25.1k Bank of America salaries received from various employees of Bank of America. Bank of America employees rate the overall salary and benefits package 3.8/5 stars.

What is the highest salary in Bank of America?

The highest-paying job at Bank of America is a Senior Vice President with a salary of ₹75 Lakhs to ₹1.3 Crore per year. The top 10% of employees earn more than ₹29.99 lakhs per year. The top 1% earn more than a whopping ₹58.67 lakhs per year.

What is the minimum salary in Bank of America?

Minimum salary at Bank of America depends on the role you are applying for. For Team Member the minimum salary is ₹1.6 Lakh to ₹5 Lakhs per year, and for Senior Team Member the minimum salary is ₹2.2 Lakhs to ₹9 Lakhs per year and so on.

What is the salary package for freshers in Bank of America?

The average salary at Bank of America for freshers varies from ₹3 Lakhs to ₹4.5 Lakhs per year for Team Member and ₹15 Lakhs to ₹35.4 Lakhs per year for Investment Banking Analyst.

What is the notice period at Bank of America?

According to AmbitionBox, 75% of the Bank of America employees reported a notice period of 2 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14.6k responses on AmbitionBox in last 2 years.

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Bank of America Salaries by Location

Average annual salary in Bank of America is INR . Salary estimates are based on 25.1k Bank of America latest salaries received from various employees of Bank of America.

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Bank of America Salaries in India (Updated 2025)

Salary related reviews for Bank of America

Manager in Mumbai

Team Member in New Delhi

Assistant Vice President in Chennai

Senior Team Member in New Delhi

Lead Operations Representative in Chennai

Bank of America interview questions by designations

Jobs at Bank of America

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