Bank of America Procurement Specialist Salaries by 7 Employees (Updated 2025)

8 - 14 years exp.

₹7.5 Lakhs - ₹14.5 Lakhs

Avg. annual salary

Monthly In-hand Salary

Procurement Specialist Salary at Bank of America ranges between ₹7.5 Lakhs to ₹14.5 Lakhs per year for employees with experience between 8 years to 14 years. Salary estimates are based on 7 latest salaries received... Read more

54% more than the average Procurement Specialist Salary in Banking Companies for 8 - 14 years of experience

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Last Updated: 11 Apr 2025

Companies similar to Bank of America for Procurement Specialist

Company name	Avg Annual Salary	Open Jobs
Standard Chartered Procurement Specialist Salary 4 - 6 years exp. (4 salaries)	₹6.7 L/yr - ₹8.3 L/yr 29% less
Barclays Procurement Specialist Salary 5 - 13 years exp. (3 salaries)	₹6 L/yr - ₹10 L/yr 32% less
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Flex Procurement Specialist Salary 3 - 10 years exp. (503 salaries)	₹3.4 L/yr - ₹8.2 L/yr 36% less

IBM Procurement Specialist Salary 0 - 6 years exp. (404 salaries)	₹2.1 L/yr - ₹9.3 L/yr 54% less	1 job opening
SoftwareOne Procurement Specialist Salary 2 - 11 years exp. (261 salaries)	₹4 L/yr - ₹11 L/yr 27% less

Bank of America Procurement Specialist salaries by

Years of experience	Avg. annual salary
8 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
9 years (AmbitionBox Estimate)	₹7.6 L/yr - ₹9.7 L/yr
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10 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
11 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.3 L/yr
12 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr
13 years (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
14 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.3 L/yr

View all salaries by experience

Similar Designation Salaries at Bank of America

Similar Designation	Avg. annual salary
Procurement Executive Salary (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
Sourcing Manager Salary (3 salaries)	₹25 L/yr - ₹34 L/yr
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Store Manager Salary (AmbitionBox Estimate)	₹7.7 L/yr - ₹9.8 L/yr
Team Lead Salary (2.5k salaries)	₹5.9 L/yr - ₹17.4 L/yr
Operations Manager Salary (94 salaries)	₹8.5 L/yr - ₹29.6 L/yr
Senior Engineer Salary (32 salaries)	₹4.4 L/yr - ₹18.0 L/yr
Deputy Manager Salary (3 salaries)	₹12.5 L/yr - ₹27.5 L/yr
Buyer Salary (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.6 L/yr
Deputy General Manager Salary (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
Assistant General Manager Salary (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr

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GF salary Vs. My salary

Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!

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Salary related reviews for Bank of America

3.0

Rated by 1 employees for salary & benefits

Team Lead in Gurgaon / Gurugram

Full Time

Engineering - Software & QA Department

4.0

• updated 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.

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.

Team Lead in Gurgaon / Gurugram

BFSI, Investments & Trading Department

5.0

• updated 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.

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

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

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

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

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

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

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

Salary - Bad

+4 more

see more salary related reviews

Bank of America Procurement Specialist Salary FAQs

What is the salary of Procurement Specialist at Bank of America ?

The average salary of a Procurement Specialist at Bank of America in India typically ranges from ₹7.5 Lakhs to ₹14.5 Lakhs per year, depending on experience (from 8 years to 14 years).

The top 10% of Procurement Specialist at Bank of America earn more than ₹14.3 Lakhs per year, and the top 1% earn over ₹14.5 Lakhs per year. Procurement Specialist 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 7 Bank of America employees in India.

What is the estimated take home salary of a Procurement Specialist at Bank of America in India?

The estimated take-home salary of a Procurement Specialist at Bank of America in India typically ranges from ₹77,178 to ₹79,181 per month. This is based on the average salary range of ₹7.5 Lakhs to ₹14.5 Lakhs per year for employees with experience ranging from 8 years to 14 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 7 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 Procurement Specialist in companies similar to Bank of America in India?

The salary of a Procurement Specialist at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

SoftwareOne	₹4.0 Lakhs to ₹11.0 Lakhs per year
Standard Chartered	₹6.7 Lakhs to ₹8.3 Lakhs per year
Barclays	₹6.0 Lakhs to ₹10.0 Lakhs per year
Flex	₹3.4 Lakhs to ₹8.2 Lakhs per year
IBM	₹2.1 Lakhs to ₹9.3 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 Procurement Specialist at Bank of America in India?

The salary growth for a Procurement Specialist at Bank of America depends on factors such as experience, performance, and promotions. On average, a Procurement Specialist can expect the following growth trajectory at Bank of America:

Experience	Average Salary Range
8 years	₹6.8 Lakhs to ₹8.6 Lakhs per year
9 years	₹7.6 Lakhs to ₹9.7 Lakhs per year
10 years	₹8.6 Lakhs to ₹11.0 Lakhs per year
11 years	₹9.7 Lakhs to ₹12.3 Lakhs per year

and so on.

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Bank of America Procurement Specialist Salaries

Bank of America Procurement Specialist salary in India ranges between ₹7.5 Lakhs to ₹14.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Bank of America latest salaries received from various employees of Bank of America.