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Bank of America

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4.2

based on 3.5k Reviews

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Bank of America Salaries in India (Updated 2025)

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Salaries by designations

Based on 25.9k salaries · Updated: 18 Jul 2025
All Departments
Designation Avg Annual Salary Open Jobs

Team Lead

0 - 17 years exp. (2.5k salaries)
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₹8.3 L/yr - ₹15 L/yr

Team Developer

2 - 12 years exp. (1.9k salaries)
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₹4.6 L/yr - ₹9.7 L/yr

Software Engineer

1 - 13 years exp. (1.2k salaries)
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₹8.2 L/yr - ₹26 L/yr

Team Member

0 - 5 years exp. (974 salaries)
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₹2.7 L/yr - ₹5 L/yr

1 job opening

Senior Team Member

2 - 6 years exp. (879 salaries)
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₹3 L/yr - ₹8 L/yr

Senior Analyst

3 - 15 years exp. (820 salaries)
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₹15.7 L/yr - ₹27 L/yr

Senior Software Engineer

5 - 13 years exp. (792 salaries)
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₹19 L/yr - ₹35 L/yr

Analyst

1 - 15 years exp. (730 salaries)
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₹13.5 L/yr - ₹25 L/yr

Assistant Vice President

10 - 21 years exp. (678 salaries)
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₹32 L/yr - ₹55 L/yr

Software Engineer2

6 - 13 years exp. (464 salaries)
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₹16.7 L/yr - ₹31 L/yr

Quality Specialist

2 - 11 years exp. (368 salaries)
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₹8.5 L/yr - ₹19 L/yr

Fraud Analyst

1 - 4 years exp. (317 salaries)
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₹3 L/yr - ₹5.5 L/yr

Lead Analyst

9 - 18 years exp. (290 salaries)
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₹25 L/yr - ₹40 L/yr

Software Developer

0 - 9 years exp. (210 salaries)
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₹9.2 L/yr - ₹20.7 L/yr

Software Engineer II

5 - 11 years exp. (199 salaries)
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₹15.6 L/yr - ₹28.3 L/yr

Investment Banking Analyst

0 - 5 years exp. (181 salaries)
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₹16 L/yr - ₹26.6 L/yr

Quality Specialist 2

6 - 11 years exp. (165 salaries)
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₹12.9 L/yr - ₹21.3 L/yr

Data Engineer

2 - 11 years exp. (162 salaries)
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₹9 L/yr - ₹28.4 L/yr

Technical Analyst

1 - 4 years exp. (161 salaries)
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₹5 L/yr - ₹10.6 L/yr

Team Lead Operations

6 - 15 years exp. (161 salaries)
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₹6 L/yr - ₹13 L/yr

Latest salaries by Bank of America employees

1d ago

Assistant Manager

11 years exp.

₹24 Lakhs
1d ago

Software Engineer2

12 years exp.

₹26.7 Lakhs
1d ago

Team Lead

9 years exp.

₹8.5 Lakhs
1d ago

Software Engineer

2 years exp.

₹12.5 Lakhs
1d ago

Assistant Vice President

11 years exp.

₹28 Lakhs
1d ago

Manager

17 years exp.

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1d ago

Lead Analyst

10 years exp.

avg blur mobile
1d ago

Investment Banking Analyst

1 year exp.

avg blur mobile
2d ago

Quality Specialist

9 years exp.

avg blur mobile
2d ago

Team Developer

9 years exp.

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View all latest salaries

Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Bank of America

3.7

Rated by 3.5k employees for salary & benefits

Software Developer 1 in Chennai

Full Time

 · 

Engineering - Software & QA Department

3.0
  •  updated on 22 May 2025
4.0
 for  Salary and Benefits

Likes

Work life balance Benefits like wellness amount each year Good hike percent (10% avg) Hybrid office login Cab facilities Bonus and stocks Food coupon

read more
  • Salary - Good
    • +4 more

Dislikes

No growth in technology Sometimes becoming very comfortable will not help you in longer run. Not good for 0-8 years of experience people Not updated tech stack

read more
  • Skill development - Bad

Senior Team Member in Chennai

Full Time

 · 

Risk Management & Compliance Department

5.0
  •  updated on 11 May 2025
5.0
 for  Salary and Benefits

Likes

...ob security, and growth opportunities with strong support for skill development. The competitive salary, fair promotions, and inclusive culture make it a satisfying and rewarding place to work

read more
  • Salary - Excellent
    • +6 more

Dislikes

At times, the large organizational structure can slow down decision-making and innovation. Also, career progression may feel competitive and limited in certain departments. And one drawback is the lack of shift allowance for night shift employees

read more

Process Associate in Mumbai

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  updated 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

read more

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

read more
  • Salary - Bad
    • +4 more

Manager in Mumbai

Full Time

 · 

Other Department

5.0
  •  updated 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.

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  • Salary - Excellent
    • +6 more

Dislikes

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

Assistant Vice President in Mumbai

Full Time

 · 

Project & Program Management Department

2.0
  •  updated 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
see more salary related reviews
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:

Team Lead ₹8.3 Lakhs to ₹15 Lakhs per year
Team Developer ₹4.6 Lakhs to ₹9.7 Lakhs per year
Software Engineer ₹8.2 Lakhs to ₹26 Lakhs per year
Team Member ₹2.7 Lakhs to ₹5 Lakhs per year

The highest-paying role, Managing Director, earns between ₹3 Crores to ₹4 Crores per year. The top 10% of employees earn more than ₹30.9 Lakhs per year, and the top 1% earn over ₹62.7 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 25.9k salaries submitted by Bank of America employees. Bank of America is rated 3.7 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 ₹20.5 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 ₹9 Lakhs to ₹15 Lakhs per year
Fresher as a Senior Technical Associate Salary ₹6 Lakhs to ₹9.2 Lakhs per year
Fresher as a Software Developer Salary ₹9.2 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 25000+ Bank of America latest salaries received from various employees of Bank of America.

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