Bank of America Senior Associate Salaries by 100+ Employees (Updated 2025)

3 - 8 years exp.

₹2.5 Lakhs - ₹7.4 Lakhs

Avg. annual salary

Monthly In-hand Salary

Senior Associate Salary at Bank of America ranges between ₹2.5 Lakhs to ₹7.4 Lakhs per year for employees with experience between 3 years to 8 years. Salary estimates are based on 102 latest salaries received... Read more

54% less than the average Senior Associate Salary in Banking Companies for 3 - 8 years of experience

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Last Updated: 20 Jun 2025

Companies similar to Bank of America for Senior Associate

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Associate Salary 0 - 7 years exp. (574 salaries)	₹1.6 L/yr - ₹3.8 L/yr 44% less
State Street Bank Senior Associate Salary 2 - 9 years exp. (390 salaries)	₹3.9 L/yr - ₹9 L/yr 36% more
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Deutsche Bank Senior Associate Salary 5 - 15 years exp. (326 salaries)	₹11.6 L/yr - ₹40 L/yr 398% more

NatWest Group Senior Associate Salary 0 - 13 years exp. (249 salaries)	₹7.2 L/yr - ₹26 L/yr 214% more
Kotak Mahindra Bank Senior Associate Salary 1 - 8 years exp. (135 salaries)	₹1.6 L/yr - ₹4.4 L/yr 39% less
Standard Chartered Senior Associate Salary 2 - 10 years exp. (139 salaries)	₹3.6 L/yr - ₹7.6 L/yr 27% more
HSBC Electronic Data Processing Senior Associate Salary 3 - 15 years exp. (95 salaries)	₹5.3 L/yr - ₹10.2 L/yr 83% more
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HSBC Global Banking and Markets Senior Associate Salary 2 - 8 years exp. (79 salaries)	₹5 L/yr - ₹22.1 L/yr 168% more

Barclays Senior Associate Salary 1 - 11 years exp. (105 salaries)	₹4.4 L/yr - ₹18.4 L/yr 123% more
IDFC FIRST Bank Senior Associate Salary 1 - 8 years exp. (81 salaries)	₹2 L/yr - ₹5.6 L/yr 18% less
State Bank of India Senior Associate Salary 8 - 15 years exp. (59 salaries)	₹4.7 L/yr - ₹15.6 L/yr 118% more
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NatWest Markets Senior Associate Salary 7 - 12 years exp. (61 salaries)	₹10 L/yr - ₹32 L/yr 359% more
DBS Technology Services Senior Associate Salary 8 - 14 years exp. (57 salaries)	₹23.5 L/yr - ₹36.5 L/yr 518% more
HSBC Bank Senior Associate Salary 3 - 9 years exp. (54 salaries)	₹2.6 L/yr - ₹9.1 L/yr 29% more
HDFC Bank Senior Associate Salary 2 - 11 years exp. (53 salaries)	₹3.7 L/yr - ₹9.3 L/yr 33% more
ANZ Banking Group Senior Associate Salary 3 - 10 years exp. (41 salaries)	₹8.9 L/yr - ₹20 L/yr 212% more
Yes Bank Senior Associate Salary 2 - 9 years exp. (17 salaries)	₹2.7 L/yr - ₹5.4 L/yr 5% more
IndusInd Bank Senior Associate Salary 0 - 10 years exp. (9 salaries)	₹3.6 L/yr - ₹8.1 L/yr 16% more
Chase Bank Senior Associate Salary 4 - 11 years exp. (8 salaries)	₹12 L/yr - ₹27 L/yr 267% more
AU Small Finance Bank Senior Associate Salary 4 - 5 years exp. (7 salaries)	₹2.6 L/yr - ₹4 L/yr 23% less
Federal Bank Senior Associate Salary 4 - 8 years exp. (6 salaries)	₹6.8 L/yr - ₹9.5 L/yr 62% more
RBL Bank Senior Associate Salary 1 - 6 years exp. (5 salaries)	₹2 L/yr - ₹4 L/yr 39% less
DCB Bank Senior Associate Salary 3 - 10 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 39% less
Jana Small Finance Bank Senior Associate Salary 2 - 4 years exp. (5 salaries)	₹2 L/yr - ₹3.5 L/yr 38% less
Equitas Small Finance Bank Senior Associate Salary 3 - 9 years exp. (4 salaries)	₹3 L/yr - ₹7 L/yr 4% less
Utkarsh Small Finance Bank Senior Associate Salary 1 - 5 years exp. (4 salaries)	₹2.2 L/yr - ₹11.1 L/yr 33% more
IDBI Bank Senior Associate Salary 1 - 7 years exp. (3 salaries)	₹3.5 L/yr - ₹8.5 L/yr 30% more
Punjab National Bank Senior Associate Salary 2 - 5 years exp. (3 salaries)	₹5 L/yr - ₹6 L/yr 17% more

View all

From

Senior Associate

₹

Lakhs/yr

3 - 8 years exp.

Vice President

₹

Lakhs/yr

12 - 25 years exp.

Senior Associate

3 - 8 years exp.

Team Developer

2 - 12 years exp.

54% hike

Team Lead

0 - 17 years exp.

51% hike

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Latest annual salaries shared by Bank of America Senior Associate

2w ago

₹5 Lakhs

3 years exp.

2w ago

₹5.5 Lakhs

3 years exp.

3w ago

₹4.3 Lakhs

6 years exp.

1mo ago

₹4.9 Lakhs

4 years exp.

1mo ago

₹4.7 Lakhs

4 years exp.

2mo ago

3 years exp.

2mo ago

4 years exp.

3mo ago

7 years exp.

3mo ago

6 years exp.

3mo ago

6 years exp.

Bank of America Senior Associate salaries by

Years of experience	Avg. annual salary
3 years (34 salaries)	₹3.5 L/yr - ₹7 L/yr
4 years (35 salaries)	₹2.6 L/yr - ₹7.4 L/yr
Login to view exact salary
5 years (13 salaries)	₹3 L/yr - ₹7.1 L/yr
6 years (15 salaries)	₹2.5 L/yr - ₹7.4 L/yr
7 years (3 salaries)	₹3.4 L/yr - ₹6.6 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr

View all salaries by experience

Similar Designation Salaries at Bank of America

Similar Designation	Avg. annual salary
Senior Engineer Salary (32 salaries)	₹4.6 L/yr - ₹18.1 L/yr
Senior Consultant Salary (26 salaries)	₹8 L/yr - ₹28 L/yr
Login to view exact salary
Senior Developer Salary (16 salaries)	₹9 L/yr - ₹30 L/yr
Lead Engineer Salary (6 salaries)	₹23 L/yr - ₹34.6 L/yr
Team Lead Salary (2.5k salaries)	₹5.9 L/yr - ₹17.4 L/yr
System Engineer Salary (10 salaries)	₹10.7 L/yr - ₹23.9 L/yr
Web Developer Salary (AmbitionBox Estimate)	₹5.8 L/yr - ₹7.4 L/yr
Technical Lead Salary (65 salaries)	₹13.2 L/yr - ₹40 L/yr
Technology Analyst Salary (17 salaries)	₹7.0 L/yr - ₹20 L/yr
Software Engineer Salary (1.2k salaries)	₹7.2 L/yr - ₹27.5 L/yr

View more similar designations

Top trending discussions

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Salary Discussions, Hike & Promotions

an executive

The day I found out my colleague earns 30% more for the same role

It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?

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Salary related reviews for Bank of America

3.3

Rated by 39 employees for salary & benefits

Senior Associate in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• updated on 12 Oct 2017

3.0

for Salary and Benefits

Likes

Mentioned abpve

Skill development - Good

+3 more

Dislikes

1. Teammates - Colleagues are good. 2. Learning - Company is very good for self development as it provides various trainings on monthly basis. You can enroll yourself with consent of your leaders. 3. Job Security - Highly satisfied but at the same time no personal growth if you get stuck in comfort zone. Salary - Compensation is very less especially for freshers, Also, yearly increment is very less. I would suggest not to join if salary is primary factor other than work life balance and brand name. Politics - You will get it in every company/place. Some processes are highly corrupted. However, some are genuinely good to showcase your skills and get appreciated on your initiatives and skills. Work Environment - Very matured, Work Life Balance - is too good. Very good for females who want to spend years in this company without expecting much. Very flexible

Software Developer in Chennai

Full Time

Engineering - Software & QA Department

4.0

• updated on 15 Sep 2023

5.0

for Salary and Benefits

Likes

... be lot of forums to present your ideas and showcase your talents. Benifits - Food card top up beyond salary, EV purchase benifits, Day care reimbursement, Health insurance, 2 way company transport, Flexible working hours Gym access Welness benifits 100% fixed pay

Salary - Excellent

+1 more

Dislikes

Tech stack is a bit old. They upgrade quite slow comapred to market. End of the day, what you do at the innovation side is given more weightage when it cmes to ratings, promotions, etc.

Senior Software Engineer in Mumbai

Full Time

Engineering - Software & QA Department

4.0

• updated on 05 Jul 2023

4.0

for Salary and Benefits

Likes

Employee Friendly, Flexible work hours, competitive salary, Good Office infrastructure

Salary - Good

+5 more

Dislikes

Long term career growth is difficult, too much competition to reach higher job roles, employee skills not utilized correctly.

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.

Senior Software Engineer in Hyderabad / Secunderabad

Engineering - Software & QA Department

3.0

• updated on 29 Jan 2022

1.0

for Salary and Benefits

Likes

...de jobs( you will not have any focus or knowledge on open source technologies) Pay is not so great compared to other competitors.

Job security - Good

Dislikes

No open source technologies, you will post all your skills.. better to avoid this company. Do not choose GMSP - Fixed income projects.. all GMSP projects using quartz framework. No incentive,no bonus only fixed income. P

Salary - Bad

+4 more

see more salary related reviews

Bank of America Senior Associate Salary FAQs

What is the salary of Senior Associate at Bank of America ?

The average salary of a Senior Associate at Bank of America in India typically ranges from ₹2.5 Lakhs to ₹7.4 Lakhs per year, depending on experience (from 3 years to 8 years).

The top 10% of Senior Associate at Bank of America earn more than ₹6.0 Lakhs per year, and the top 1% earn over ₹8.5 Lakhs per year. Senior Associate 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 100+ Bank of America employees in India.

What is the estimated take home salary of a Senior Associate at Bank of America in India?

The estimated take-home salary of a Senior Associate at Bank of America in India typically ranges from ₹34,573 to ₹35,819 per month. This is based on the average salary range of ₹2.5 Lakhs to ₹7.4 Lakhs per year for employees with experience ranging from 3 years to 8 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 100+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of America for Senior Associate in India?

DBS Technology Services	₹23.5 Lakhs to ₹36.5 Lakhs per year
Deutsche Bank	₹11.6 Lakhs to ₹40.0 Lakhs per year
NatWest Markets	₹10.0 Lakhs to ₹32.0 Lakhs per year
Chase Bank	₹12.0 Lakhs to ₹27.0 Lakhs per year
NatWest Group	₹7.2 Lakhs to ₹26.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of America, depending on the role and experience level.

What is the salary of a Senior Associate in companies similar to Bank of America in India?

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

ANZ Banking Group	₹8.9 Lakhs to ₹20.0 Lakhs per year
HSBC Global Banking and Markets	₹5.0 Lakhs to ₹22.1 Lakhs per year
Barclays	₹4.4 Lakhs to ₹18.4 Lakhs per year
State Bank of India	₹4.7 Lakhs to ₹15.6 Lakhs per year
HSBC Electronic Data Processing	₹5.3 Lakhs to ₹10.2 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 Senior Associate at Bank of America in India?

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

Experience	Average Salary Range
3 years	₹3.5 Lakhs to ₹7.0 Lakhs per year
4 years	₹2.6 Lakhs to ₹7.4 Lakhs per year
5 years	₹3.0 Lakhs to ₹7.1 Lakhs per year
6 years	₹2.5 Lakhs to ₹7.4 Lakhs per year

and so on.

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Bank of America Senior Associate Salaries

Bank of America Senior Associate salary in India ranges between ₹2.5 Lakhs to ₹7.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 102 Bank of America latest salaries received from various employees of Bank of America.