The Bank of America (USA) operates in India through several of its branches and has its offices in Chennai, New Delhi, Bengaluru etc. The well defined pay packets at Bank of America vary with the employment status, job category, work experience, average costs of living in different cities.

Bank of America Salary by Job

Job Category Annual Average Salaries
Senior Systems Analyst INR 511 558 – INR 1688 216
Senior Technical Associate INR 275 000 – INR 700 000 with an annual average of INR 482 000
Software Test Lead INR 275 000 – INR 700 000 with an annual average of INR 482 000
Manager INR 800 000 – INR 1 600 000 with an annual average of INR 1 170 000
SAS Programmer INR 252 668 – INR 721 292
Senior Software Engineer INR 450 000 – INR 950 000 with an annual average of INR 724 400
Six Sigma Black Belt Project Manager INR 640 588 – INR 1 922 899
Vice President INR 1416 591 – INR 7942 078
Senior Financial Analyst INR 250 000 – INR 1 100 000 with an annual average of INR 766 667
Financial Analyst INR 760 000 – INR 836 000
Senior Tax Manager INR 833 342 – INR 5 550 639
Senior Associate INR 284 000 – INR 404 000 with an annual average of INR 329 333
Senior Database Administrator INR 704 401 – INR 2 186 974
Programmer Analyst INR 930 000 – INR 1000 000 with an annual average of INR 955 000
Team Lead INR 380 000 – INR 576 000 with an annual average of INR 489 000
Credit Analyst INR 667 000 – INR 887 000 with an annual average of INR 777 034

Bank of America Salary by Experience

As an employee gradually climbs up the ladder of experience, he is rewarded with due pay hikes at critical junctures of his career at the concern:

Experience Annual Average Salaries
Less than 1 year INR 182 682
1-4 years INR 361 549
5-9 years INR 760 309
10-19 years INR 1 628 594
20 years or more INR 3 945 330

Bank of America Salary by Cities

As already mentioned above, the different costs of living in different cities affect the pay packets partially:

Experience Annual Average Salaries
Mumbai Maharashtra INR 706 822
New Delhi Delhi INR 416 438
Hyderabad Andhra Pradesh INR 594 269
Chennai Tamil Nadu INR 803 881

Bank of America Salary by Degree or Certification

Degree or certification Annual average salaries
MBA or Master of Business Administration INR 204 234 – INR 1 951 569
PMP or Project Management Professional INR 1 265 856
MCA or Master of Computer Applications Applications Development INR 576 201 – INR 1 087 343
Chartered Accountant or CA INR 1 734 764
Master of Business Administration Finance INR 124 553 – INR 2 224 249
Oracle Certified Professional (OCP) DBA INR 941 711
Cisco Certified Network Associate INR 493 996

Bank of America Salary by Skills

Skills Annual average salaries
C# INR 749 833
SQL INR 697 906
UNIX INR 713 529
Microsoft Excel INR 525 290
Oracle INR 911 582
Microsoft SQL Server INR 746 063
Java INR 822 179

Perks and Benefits in Bank of America

The comprehensive package of perks and benefits for the Bank of America employees in India includes the following:

  • Life Insurance/Disability
  • Paid Holidays
  • Paid sick leave
  • Relocation expenses
  • Education or certification reimbursement

**Salaries are subject to change without prior notice.