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Bank of America

Compare button icon Compare button icon Compare
4.2

based on 3.4k Reviews

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  • About
  • Reviews
    3.4k
  • Salaries
    25.9k
  • Interviews
    258
  • Jobs
    3
  • Benefits
    454
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filter salariesFilter salaries by

Bank of America Software Engineer salaries in India (Updated 2025)

Annual salary range
1 - 13 years exp.
₹7.2 Lakhs - ₹28 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Software Engineer Salary at Bank of America ranges between ₹7.2 Lakhs to ₹28 Lakhs per year for employees with experience between 1 year to 13 years. Salary estimates are based on 1.2k latest salaries received... Read more

90% more than the average Software Engineer Salary in Banking Companies for 1 - 13 years of experience

Interested in this particular role?

What are the roles & responsibilities of a Software Engineer at Bank of America?

Vulnerability Assessment

  • Evaluate and rate vulnerabilities using available data sources
  • Analyze environmental conditions related to vulnerabilities and threat scenarios
  • Manage reporting and tracking for vulnerabilities
  • Coordinate with threat intelligence teams

Software Development

  • Contribute to story refinement and defining requirements
  • Code solutions and unit test according to acceptance criteria
  • Collaborate on software design and architecture
  • Revise, update, and debug code to maintain performance

Technical Support

  • Provide input on solution design for complex features
  • Assist in deployment, maintenance, and support processes
  • Serve as an expert on applications for technical support
  • Document and communicate required information for business functionality

Read full roles & responsibilities

Last Updated: 24 Jun 2025

Companies similar to Bank of America for Software Engineer

Company name Avg Annual Salary Open Jobs
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NatWest Group Software Engineer Salary

0 - 12 years exp. (1k salaries)

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₹8 L/yr - ₹30 L/yr

arrow icon 10% more
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Barclays Software Engineer Salary

0 - 6 years exp. (295 salaries)

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₹9 L/yr - ₹28.5 L/yr

arrow icon 3% less
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Standard Chartered Software Engineer Salary

0 - 8 years exp. (168 salaries)

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₹6 L/yr - ₹25.1 L/yr

arrow icon 16% less
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Deutsche Bank Software Engineer Salary

0 - 6 years exp. (156 salaries)

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₹10.2 L/yr - ₹32 L/yr

arrow icon 10% more
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HDFC Bank Software Engineer Salary

1 - 6 years exp. (94 salaries)

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₹3.8 L/yr - ₹14.6 L/yr

arrow icon 50% less
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ANZ Banking Group Software Engineer Salary

1 - 7 years exp. (72 salaries)

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₹9.7 L/yr - ₹21.7 L/yr

arrow icon 14% less
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RBL Bank Software Engineer Salary

1 - 4 years exp. (63 salaries)

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₹3.9 L/yr - ₹15 L/yr

arrow icon 43% less
1 job opening
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ICICI Bank Software Engineer Salary

0 - 3 years exp. (67 salaries)

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₹4 L/yr - ₹17.5 L/yr

arrow icon 42% less
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IDFC FIRST Bank Software Engineer Salary

0 - 5 years exp. (53 salaries)

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₹4 L/yr - ₹10.7 L/yr

arrow icon 43% less
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Kotak Mahindra Bank Software Engineer Salary

2 - 4 years exp. (44 salaries)

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₹13.7 L/yr - ₹15.6 L/yr

arrow icon 14% less
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NatWest Markets Software Engineer Salary

1 - 9 years exp. (48 salaries)

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₹10 L/yr - ₹23 L/yr

arrow icon 12% less
24 job openings
Login to view exact salary info icon
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AU Small Finance Bank Software Engineer Salary

0 - 5 years exp. (42 salaries)

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₹3.8 L/yr - ₹16.3 L/yr

arrow icon 45% less
1 job opening
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Yes Bank Software Engineer Salary

0 - 7 years exp. (23 salaries)

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₹2.6 L/yr - ₹9.3 L/yr

arrow icon 70% less
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HSBC Global Banking and Markets Software Engineer Salary

1 - 4 years exp. (18 salaries)

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₹5 L/yr - ₹10.8 L/yr

arrow icon 58% less
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HSBC Bank Software Engineer Salary

0 - 6 years exp. (17 salaries)

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₹5.8 L/yr - ₹11.5 L/yr

arrow icon 54% less
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IndusInd Bank Software Engineer Salary

1 - 6 years exp. (17 salaries)

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₹9.7 L/yr - ₹18 L/yr

arrow icon 29% less
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DCB Bank Software Engineer Salary

1 - 4 years exp. (13 salaries)

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₹4 L/yr - ₹6.8 L/yr

arrow icon 67% less
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State Bank of India Software Engineer Salary

0 - 4 years exp. (10 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 48% less
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DBS Technology Services Software Engineer Salary

2 - 5 years exp. (9 salaries)

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₹6.7 L/yr - ₹22.5 L/yr

arrow icon 18% less
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HSBC Electronic Data Processing Software Engineer Salary

3 - 6 years exp. (9 salaries)

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₹4.8 L/yr - ₹12 L/yr

arrow icon 61% less
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IDBI Bank Software Engineer Salary

2 - 3 years exp. (7 salaries)

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₹9.5 L/yr - ₹17 L/yr

arrow icon 30% less
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Equitas Small Finance Bank Software Engineer Salary

2 - 4 years exp. (6 salaries)

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₹2.9 L/yr - ₹5.1 L/yr

arrow icon 77% less
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Federal Bank Software Engineer Salary

0 - 5 years exp. (5 salaries)

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₹2 L/yr - ₹9 L/yr

arrow icon 75% less
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Ujjivan Small Finance Bank Software Engineer Salary

3 - 5 years exp. (5 salaries)

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₹5.5 L/yr - ₹12 L/yr

arrow icon 42% less
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Jana Small Finance Bank Software Engineer Salary

2 - 4 years exp. (4 salaries)

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₹4.2 L/yr - ₹7 L/yr

arrow icon 68% less
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Utkarsh Small Finance Bank Software Engineer Salary

3 - 5 years exp. (4 salaries)

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₹3.2 L/yr - ₹4.3 L/yr

arrow icon 77% less
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Chase Bank Software Engineer Salary

1 - 5 years exp. (4 salaries)

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₹5.5 L/yr - ₹17.5 L/yr

arrow icon 50% less
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Indian Bank Software Engineer Salary

0 - 4 years exp. (4 salaries)

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₹1 L/yr - ₹8.5 L/yr

arrow icon 67% less
View all

Latest annual salaries shared by Bank of America Software Engineer

1d ago
₹12 Lakhs
3 years exp.
2d ago
₹8.4 Lakhs
2 years exp.
2d ago
₹11 Lakhs
2 years exp.
2d ago
₹9 Lakhs
2 years exp.
2d ago
₹10.7 Lakhs
2 years exp.
3d ago
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3 years exp.
4d ago
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10 years exp.
4d ago
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1 year exp.
4d ago
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2 years exp.
5d ago
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3 years exp.

Bank of America Software Engineer salaries by

Years of experience Avg. annual salary
1 year  (128 salaries)

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₹5 L/yr - ₹14 L/yr
2 years  (241 salaries)

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₹5 L/yr - ₹15 L/yr
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3 years  (225 salaries)

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₹5.6 L/yr - ₹17 L/yr
4 years  (111 salaries)

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₹6.1 L/yr - ₹22 L/yr
5 years  (130 salaries)

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₹6.6 L/yr - ₹22.9 L/yr
6 years  (106 salaries)

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₹8 L/yr - ₹26 L/yr
7 years  (92 salaries)

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₹8.7 L/yr - ₹24.4 L/yr
8 years  (68 salaries)

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₹10.5 L/yr - ₹32.3 L/yr
9 years  (56 salaries)

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₹12.8 L/yr - ₹33.5 L/yr
10 years  (31 salaries)

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₹11.5 L/yr - ₹37.8 L/yr
11 years  (10 salaries)

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₹13.4 L/yr - ₹35.5 L/yr
12 years  (12 salaries)

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₹19.6 L/yr - ₹34 L/yr
13 years  (10 salaries)

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₹21 L/yr - ₹37 L/yr
View all salaries by experience

Similar Designation Salaries at Bank of America

Similar Designation Avg. annual salary
Lead Software Engineer Salary
(11 salaries)
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₹18.8 L/yr - ₹33 L/yr

Senior Engineer Salary
(32 salaries)
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₹4.4 L/yr - ₹18.0 L/yr

Login to view exact salary info icon
System Engineer Salary
(10 salaries)
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₹10.7 L/yr - ₹23.9 L/yr

Senior Software Engineer Salary
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₹14.6 L/yr - ₹40.6 L/yr

Lead Engineer Salary
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₹6 L/yr - ₹20 L/yr

Project Engineer Salary
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₹8.5 L/yr - ₹12 L/yr

Associate Software Engineer Salary
(5 salaries)
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₹6 L/yr - ₹19 L/yr

Software Development Engineer Salary
(13 salaries)
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₹8 L/yr - ₹22.5 L/yr

Senior Developer Salary
(16 salaries)
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₹9 L/yr - ₹30 L/yr

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Top trending discussions

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Salary Discussions, Hike & Promotions
1w
a senior executive
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

3.8

Rated by 131 employees for salary & benefits

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

read more
  • 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.

read more

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

read more
  • Salary - Good
  • +5 more

Dislikes

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

read more

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.

read more
  • 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.

read more

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.

read more
  • 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

read more
  • Salary - Bad
  • +4 more

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0
  •  updated on 21 Apr 2022

3.0
 for  Salary and Benefits

Likes

Work culture is very good and work life balance is impressive. Everyone in the office very cooperate and helping in nature. Managers and HR partners are very helpful. They will listen to your queries patiently and help you as soon as they can.

read more
  • Job security - Excellent
  • +4 more

Dislikes

Salary hikes are average when compared to other product/bank related companies.

read more
see more salary related reviews
More about working at Bank of America
  • HQ - Charlotte, UnitedStates
  • Banking
  • 10k-50k Employees (India)
  • Financial Services

Bank of America Software Engineer Salary FAQs

What is the salary of Software Engineer at Bank of America ?
The average salary of a Software Engineer at Bank of America in India typically ranges from ₹7.2 Lakhs to ₹28.0 Lakhs per year, depending on experience (from 1 year to 13 years).

The top 10% of Software Engineer at Bank of America earn more than ₹20.9 Lakhs per year, and the top 1% earn over ₹32.0 Lakhs per year. Software Engineer 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 1200+ Bank of America employees in India.
What is the estimated take home salary of a Software Engineer at Bank of America in India?
The estimated take-home salary of a Software Engineer at Bank of America in India typically ranges from ₹1,14,955 to ₹1,18,160 per month. This is based on the average salary range of ₹7.2 Lakhs to ₹28.0 Lakhs per year for employees with experience ranging from 1 year to 13 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 1200+ salaries received from various employees of Bank of America. Check how we calculate in-hand salary with our in-hand salary calculator.
What are the key skills required to be a Software Engineer at Bank of America ?
To be a Software Engineer at Bank of America in india, the key skills required include:

  • - Risk Management
  • - Asset Management
  • - Agile
  • - Coding
  • - Application Development

These skills are highly valued at Bank of America and are crucial for successful performance in a Software Engineering role.
Which companies offer higher salaries than Bank of America for Software Engineer in India?
NatWest Group ₹8.0 Lakhs to ₹30.0 Lakhs per year
Deutsche Bank ₹10.2 Lakhs to ₹32.0 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 Software Engineer in companies similar to Bank of America in India?
The salary of a Software Engineer at companies similar to Bank of America in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Barclays ₹9.0 Lakhs to ₹28.5 Lakhs per year
NatWest Markets ₹10.0 Lakhs to ₹23.0 Lakhs per year
Kotak Mahindra Bank ₹13.7 Lakhs to ₹15.6 Lakhs per year
ANZ Banking Group ₹9.7 Lakhs to ₹21.7 Lakhs per year
Standard Chartered ₹6.0 Lakhs to ₹25.1 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 Software Engineer at Bank of America in India?
The salary growth for a Software Engineer at Bank of America depends on factors such as experience, performance, and promotions. On average, a Software Engineer can expect the following growth trajectory at Bank of America:

Experience Average Salary Range
1 year ₹5.0 Lakhs to ₹14.0 Lakhs per year
2 years ₹5.0 Lakhs to ₹15.0 Lakhs per year
3 years ₹5.6 Lakhs to ₹17.0 Lakhs per year
4 years ₹6.1 Lakhs to ₹22.0 Lakhs per year
and so on.

Top skills at Bank of America for Software Engineer

Cyber Security .NET HTML CSS Vulnerability Management C# Problem Solving Analytical Agile

Tell us how to improve this page.

Bank of America Software Engineer Salaries by Location

  • Bank of America Software Engineer salaries in Chennai
  • Bank of America Software Engineer salaries in Mumbai
  • Bank of America Software Engineer salaries in Hyderabad / Secunderabad
  • Bank of America Software Engineer salaries in Gurgaon / Gurugram
  • Bank of America Software Engineer salaries in Pune
  • Show more
  • Bank of America Software Engineer salaries in Ahmedabad
  • Bank of America Software Engineer salaries in Gandhinagar
  • Bank of America Software Engineer salaries in Bangalore / Bengaluru
  • Bank of America Software Engineer salaries in New Delhi
  • Home >
  • Salaries >
  • Bank of America Salaries >
  • Bank of America Software Engineer Salaries

Bank of America Software Engineer salary in India ranges between ₹7.2 Lakhs to ₹28 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 1.2k Bank of America latest salaries received from various employees of Bank of America.

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Bank of America Software Engineer Interview Questions

A Software Engineer was asked
6mo ago
Q. What is the difference between SQL and NoSQL databases?
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A Software Engineer was asked
8mo ago
Q. What are custom policies in Mule?
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A Software Engineer was asked
Q. Given a string containing just the characters '(', ')', '{', ' ... read more
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Software Engineer Salary in India
based on 6L salaries
₹3 L/yr - ₹17 L/yr
90% more than the average Software Engineer Salary in India
View more details

Bank of America Software Engineer Reviews and Ratings

based on 131 reviews

4.2/5

Rating in categories

3.6

Skill development

4.5

Work-life balance

3.8

Salary

4.7

Job security

4.3

Company culture

3.3

Promotions

3.7

Work satisfaction

Explore 131 Reviews and Ratings

Gender Based Ratings at Bank of America

based on 126 Software Engineer salaries
4.3
Rated by 59 Women

for Salary and Benefits at Bank of America

women
4.1
Rated by 67 Men

for Salary and Benefits at Bank of America

men
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Bank of America Employee Benefits
cab
Office cab/shuttle
9 total responses
freemeal
Free meal
2 total responses
officeGym
Office gym
5 total responses
childCareBenefits
Child care facility
4 total responses
+4 more benefits

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Notice Period for Software Engineer at Bank of America

based on 690 responses

2 Months
70%
1 Month
14%
15 days or less
8%
3 Months
6%
More than 3 months
2%
View all
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