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Bank of America Software Engineer salaries in India with 1 - 12 years exp.

Avg. annual salary

16.5 Lakhs info icon
(₹6.7 L/yr - ₹27.5 L/yr)

Monthly in-hand salary

1.1 Lakh - ₹ 1.2 Lakh info icon

93% more than the average Software Engineer Salary in Banking Companies for 1 - 12 years of experience

Interested in this particular role?

Salaries in different departments

Engineering - Software & QA
Software Engineer Salary
1 - 12 years exp. (827 salaries)
16.6 Lakhs

₹6.8 L/yr - ₹28 L/yr

Data Science & Analytics
Software Engineer Salary
1 - 11 years exp. (25 salaries)
16 Lakhs

₹6.8 L/yr - ₹21 L/yr

Last Updated: 21 Jul 2024

Personalize below salary insights based on your work experience. Add your work exp.

Companies similar to Bank of America for Software Engineer

Company name Avg Annual Salary Open Jobs
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HDFC Bank Software Engineer Salary

1 - 7 years exp. (94 salaries)

8.6 Lakhs

₹3.5 L/yr - ₹15 L/yr

arrow icon 48% less
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ICICI Bank Software Engineer Salary

0 - 5 years exp. (84 salaries)

7.5 Lakhs

₹2.8 L/yr - ₹10.2 L/yr

arrow icon 55% less
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Axis Bank Software Engineer Salary

1 - 5 years exp. (72 salaries)

7 Lakhs

₹2.3 L/yr - ₹10.4 L/yr

arrow icon 58% less
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Kotak Mahindra Bank Software Engineer Salary

0 - 5 years exp. (34 salaries)

8 Lakhs

₹3.3 L/yr - ₹12.8 L/yr

arrow icon 52% less
9 Lakhs

₹3.7 L/yr - ₹15 L/yr

arrow icon 45% less
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IndusInd Bank Software Engineer Salary

1 - 7 years exp. (21 salaries)

8.5 Lakhs

₹4.1 L/yr - ₹13.9 L/yr

arrow icon 48% less
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Yes Bank Software Engineer Salary

0 - 6 years exp. (7 salaries)

6.2 Lakhs

₹3.5 L/yr - ₹9.7 L/yr

arrow icon 63% less
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Standard Chartered Software Engineer Salary

1 - 7 years exp. (115 salaries)

11.4 Lakhs

₹5.1 L/yr - ₹20.4 L/yr

arrow icon 31% less
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Citibank Software Engineer Salary

0 - 7 years exp. (104 salaries)

14.8 Lakhs

₹6 L/yr - ₹25 L/yr

arrow icon 11% less
Logo
HSBC Bank Software Engineer Salary

0 - 5 years exp. (30 salaries)

7.2 Lakhs

₹4 L/yr - ₹11.6 L/yr

arrow icon 56% less
Logo
IDFC FIRST Bank Software Engineer Salary

0 - 4 years exp. (45 salaries)

8.6 Lakhs

₹3.5 L/yr - ₹15 L/yr

arrow icon 48% less
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RBL Bank Software Engineer Salary

0 - 4 years exp. (37 salaries)

8.1 Lakhs

₹3.5 L/yr - ₹12 L/yr

arrow icon 51% less
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Federal Bank Software Engineer Salary

0 - 4 years exp. (5 salaries)

3.8 Lakhs

₹2 L/yr - ₹7.5 L/yr

arrow icon 77% less
5 Lakhs

₹1.4 L/yr - ₹8 L/yr

arrow icon 70% less
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Canara Bank Software Engineer Salary

2 - 4 years exp. (7 salaries)

5 Lakhs

₹4 L/yr - ₹7 L/yr

arrow icon 70% less
Logo
JPMorgan Chase & Co. Software Engineer Salary

0 - 12 years exp. (3k salaries)

23.7 Lakhs

₹9.7 L/yr - ₹34 L/yr

arrow icon 44% more
3 job openings
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HSBC Group Software Engineer Salary

0 - 6 years exp. (2.6k salaries)

9.5 Lakhs

₹4.5 L/yr - ₹15 L/yr

arrow icon 42% less
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Wells Fargo Software Engineer Salary

1 - 12 years exp. (1.8k salaries)

20.8 Lakhs

₹11 L/yr - ₹33.5 L/yr

arrow icon 26% more
Logo
NatWest Group Software Engineer Salary

0 - 11 years exp. (900 salaries)

17.6 Lakhs

₹7.5 L/yr - ₹31.2 L/yr

arrow icon 7% more
1 job opening
Logo
Goldman Sachs Software Engineer Salary

0 - 4 years exp. (333 salaries)

25.7 Lakhs

₹13 L/yr - ₹40 L/yr

arrow icon 56% more
View all
Average Bank of America Software Engineer salary in India is ₹16.5 Lakhs per year for employees with experience between 1 year to 12 years. Software Engineer salary at Bank of America ranges between ₹6.7 Lakhs to ₹27.5 Lakhs per year. Salary estimates are based on 964 latest salaries received from various employees of Bank of America.

Latest annual salaries shared by Bank of America Software Engineer

2d ago
13.1 Lakhs
5 years exp.
2d ago
13 Lakhs
2 years exp.
2d ago
15 Lakhs
11 years exp.
2d ago
9.1 Lakhs
6 years exp.
2d ago
9 Lakhs
2 years exp.
2d ago
11.3 Lakhs
2 years exp.
3d ago
15.4 Lakhs
7 years exp.
4d ago
13.5 Lakhs
6 years exp.
4d ago
17 Lakhs
5 years exp.
4d ago
28 Lakhs
12 years exp.

Experience wise Bank of America Software Engineer salaries

Last Updated: 21 Jul 2024

Experience Avg Annual Salary
1 year (100 salaries)

8.8 Lakhs

(₹5 L/yr - ₹14 L/yr)
2 years (157 salaries)

10.2 Lakhs

(₹5.7 L/yr - ₹18.2 L/yr)
3 years (144 salaries)

11.6 Lakhs

(₹5.8 L/yr - ₹18.2 L/yr)
4 years (100 salaries)

13 Lakhs

(₹6.5 L/yr - ₹22 L/yr)
5 years (128 salaries)

14.4 Lakhs

(₹7 L/yr - ₹23 L/yr)
View all

Similar Designation salaries in Bank of America

27.1 Lakhs
₹14.25 L/yr - ₹33 L/yr
Senior Engineer Salary
(37 salaries)
10.2 Lakhs
₹5.85 L/yr - ₹14.53 L/yr
11.5 Lakhs
₹6 L/yr - ₹17 L/yr
16.9 Lakhs
₹6.86 L/yr - ₹27 L/yr
Lead Engineer Salary
(9 salaries)
29.3 Lakhs
₹18.5 L/yr - ₹34.6 L/yr
14.4 Lakhs
₹6 L/yr - ₹22 L/yr
9.6 Lakhs
₹8.5 L/yr - ₹12 L/yr
10.3 Lakhs
₹6 L/yr - ₹17.65 L/yr
19.1 Lakhs
₹10.8 L/yr - ₹22.5 L/yr
18.5 Lakhs
₹11.1 L/yr - ₹30 L/yr

Top skills at Bank of America for Software Engineer

Risk Management Asset Management Agile Coding Application Development SQL Hibernate XML Unit Testing Python SDLC Oracle Automation MVC Debugging

Salary related reviews for Bank of America

4.0 Rated by 92 employees for salary and benefits

Software Developer in Chennai

Full Time

 · 

Engineering - Software & QA Department

4.0
posted 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

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
posted on 05 Jul 2023

4.0 for Salary and Benefits

Likes

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

read 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
posted 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

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
posted 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

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

Senior Software Engineer in Hyderabad / Secunderabad

Production, Manufacturing & Engineering Department

4.0
posted 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

Dislikes

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

read more
see more salary related reviews

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Bank of America Software Engineer Salary FAQs

What is the salary of Software Engineer at Bank of America?
Average Bank of America Software Engineer salary in India is ₹16.5 Lakhs for experience between 1 years to 12 years. Software Engineer salary at Bank of America India ranges between ₹6.7 Lakhs to ₹27.5 Lakhs. According to our estimates it is 93% more than the average Software Engineer Salary in India. Salary estimates are based on 964 latest salaries received from various employees of Bank of America India.
How does the salary of a Software Engineer at Bank of America India compare with the average salary range for this job?
The average salary of a Software Engineer at Bank of America is ₹16.5 Lakhs per year which is 93% more than average salary of a Software Engineer in India which receives a salary of ₹8.6 Lakhs per year.
What are the top skills required to work as a Software Engineer at Bank of America?
Risk Management, Asset Management, Agile, Coding and Application Development are some of the popular skills required to work as a Software Engineer at Bank of America India.
Which similar companies are paying more than Bank of America to a Software Engineer in India?
  • Goldman Sachs Software Engineer Salary - 25.7 Lakhs per year
  • JPMorgan Chase & Co. Software Engineer Salary - 23.7 Lakhs per year
  • Morgan Stanley Software Engineer Salary - 21.7 Lakhs per year
  • Wells Fargo Software Engineer Salary - 20.8 Lakhs per year
  • Deutsche Bank Software Engineer Salary - 19.8 Lakhs per year
What is the salary of a Software Engineer in companies similar to Bank of America in India?
  • Citigroup Software Engineer Salary - 19.7 Lakhs per year
  • Barclays PLC Software Engineer Salary - 18.0 Lakhs per year
  • NatWest Group Software Engineer Salary - 17.6 Lakhs per year
  • UBS Software Engineer Salary - 14.8 Lakhs per year
  • Citibank Software Engineer Salary - 14.8 Lakhs per year
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 ranges between ₹1,12,330 per month to ₹1,15,450 per month in India. The take home salary calculation is based on the average Bank of America Software Engineer salary in India which is ₹16.5 Lakhs per year for employees with experience between 1 years to 12 years Check how did we calculate take home salary?
What is the notice period for Software Engineer at Bank of America?
According to AmbitionBox, 73% of the Bank of America Software Engineers reported a notice period of 2 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 548 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of America Software Engineer salary in India ranges between ₹₹6.7 Lakhs to ₹₹27.5 Lakhs with an average annual salary of ₹₹16.5 Lakhs. Salary estimates are based on 964 Bank of America latest salaries received from various employees of Bank of America.