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Annual salary range
10 - 20 years exp.
₹3
Crores - ₹4
Crores
Salary of majority employees
Avg. annual salary
Monthly In-hand Salary
Managing Director Salary at Bank of America ranges between ₹3 Crores to ₹4 Crores per year for employees with experience between 10 years to 20 years. Salary estimates are based on 5 latest salaries received...
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314% more than the average Managing Director Salary in Banking Companies for 10 - 20 years of experience
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Companies similar to Bank of America for Managing Director
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Standard Chartered Managing Director Salary
20 - 30 years exp. (7 salaries) |  ₹1 Cr/yr - ₹2 Cr/yr 
59%
less | |
 State Street Bank Managing Director Salary
22 - 27 years exp. (5 salaries) | ₹71.3 L/yr - ₹1.3 Cr/yr
74%
less | |
Login to view exact salary
| ||
 Barclays Managing Director Salary
17 - 30 years exp. (4 salaries) | ₹73.1 L/yr - ₹1.4 Cr/yr
73%
less | |
 Deutsche Bank Managing Director Salary
9 - 23 years exp. (4 salaries) | ₹1.2 Cr/yr - ₹2.3 Cr/yr
55%
less | |
 Accenture Managing Director Salary
4 - 25 years exp. (229 salaries) | ₹75 L/yr - ₹1 Cr/yr
75%
less | |
Bank of America Managing Director salaries by
| Years of experience | Avg. annual salary |
|---|---|
| 10 years (AmbitionBox Estimate) |
₹3.8
Cr/yr
- ₹4
Cr/yr
|
| 11 years (AmbitionBox Estimate) |
₹3.7
Cr/yr
- ₹4
Cr/yr
|
Login to view exact salary
| |
| 12 years (AmbitionBox Estimate) |
₹3.6
Cr/yr
- ₹4
Cr/yr
|
| 13 years (AmbitionBox Estimate) |
₹3.5
Cr/yr
- ₹3.9
Cr/yr
|
| 14 years (AmbitionBox Estimate) |
₹3.5
Cr/yr
- ₹3.8
Cr/yr
|
View all salaries by experience
Similar Designation Salaries at Bank of America
| Similar Designation | Avg. annual salary |
|---|---|
Associate Director Salary
(4 salaries)
| ₹25 L/yr - ₹42 L/yr |
Executive Director Salary
(3 salaries)
| ₹83 L/yr - ₹300 L/yr |
Login to view exact salary
| |
Director Salary
(6 salaries)
| ₹80 L/yr - ₹180 L/yr |
Operations Manager Salary
(94 salaries)
| ₹8.5 L/yr - ₹29.6 L/yr |
Business Head Salary
(AmbitionBox Estimate)
| ₹78.3 L/yr - ₹86.5 L/yr |
View more similar designations
Top trending discussions
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Salary Discussions
1w
a digital marketer
CTC is 50lpa, but cannot even afford a vacation!
My manager is at 50lpa and age of 32 years, fully in the tech world.
But I feel he is broke, Home loans and EMI are consuming his salary.
1.5 crore apartment, shiny car, apart from all this, he can't afford a single stress-free vacation.
Welcome to India's newest illusion: high income with zero financial freedom.
Literally feel he deserves this, but feel bad for him also!
So in short, why do you want a good package and a good designation when you can't afford a happy vacation with family?
Do you agree too?
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Bank of America Managing Director Salary FAQs
What is the salary of Managing Director at Bank of America ?
The average salary of a Managing Director at Bank of America in India typically ranges from ₹300.0 Lakhs to ₹400.0 Lakhs per year, depending on experience (from 10 years to 20 years).
The top 10% of Managing Director at Bank of America earn more than ₹400.0 Lakhs per year, and the top 1% earn over ₹400.0 Lakhs per year. Managing Director 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 estimates are based on salary data submitted by 5 Bank of America employees in India.
The top 10% of Managing Director at Bank of America earn more than ₹400.0 Lakhs per year, and the top 1% earn over ₹400.0 Lakhs per year. Managing Director 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 estimates are based on salary data submitted by 5 Bank of America employees in India.
What is the estimated take home salary of a Managing Director at Bank of America in India?
The estimated take-home salary of a Managing Director at Bank of America in India typically ranges from ₹18,62,453 to ₹19,03,838 per month. This is based on the average salary range of
₹300.0 Lakhs to ₹400.0 Lakhs
per year for employees with experience ranging from 10 years to 20 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
What is the salary of a Managing Director in companies similar to Bank of America in India?
The salary of a Managing Director at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
| Deutsche Bank | ₹120.7 Lakhs to ₹225.3 Lakhs per year |
| Standard Chartered | ₹102.5 Lakhs to ₹203.3 Lakhs per year |
| Barclays | ₹73.1 Lakhs to ₹136.4 Lakhs per year |
| State Street Bank | ₹71.3 Lakhs to ₹125.0 Lakhs per year |
| Accenture | ₹75.0 Lakhs to ₹102.0 Lakhs per year |
These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Managing Director at Bank of America in India?
The salary growth for a Managing Director at Bank of America depends on factors such as experience, performance, and promotions. On average, a Managing Director can expect the following growth trajectory at Bank of America:
and so on.
| Experience | Average Salary Range |
|---|---|
| 10 years | ₹375.7 Lakhs to ₹400.0 Lakhs per year |
| 11 years | ₹368.6 Lakhs to ₹400.0 Lakhs per year |
| 12 years | ₹361.5 Lakhs to ₹399.5 Lakhs per year |
| 13 years | ₹354.4 Lakhs to ₹391.7 Lakhs per year |
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Bank of America Managing Director salary
in
India
ranges between ₹3
Crores to ₹4
Crores with an average annual salary of
₹
. Salary estimates are based on
5
Bank of America latest salaries received from various employees of
Bank of America.