Hi fishes! I had asked for benefits other than CTC which Bank of America provides & now that I've completed 1 month here, here's the list of allowances you'll be getting irrespective of position/band:

1. Sodexo: 1300 p.m./ 15,600 p.a.

2. Transport allowance: 900 one way, 1800 two ways p.m./ 21,600 p.a.

3. Internet: 1500 max p.m. (other than that, one time installation charges)

4. Tuition fee: Any certification related to your field. Like CFA, FRM etc. 3,00,000 p.a.

(See Comments)

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Posting as :
works at
You are currently posting as works at

5. Wellness allowance: Can buy gym equipments, gym membership, health checkup, insurance premium payment etc.
25,000 p.a.

6. Daycare allowance: if your child is in daycare( till 6 years), monthly allowance for that, didn't check the exact amount as don't need it for now

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Cab allowance only for office employees right not for those who are currently wfh

Can you please refer in BOA ?

DM

They also provide New joiner Kit

What will be there in joining kit?

Dude , How to get that wellness allowance??

And how to reimburse internet?

Is sodexo part of CTC which is used to provide tax benefits?

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