In accordance with the described techniques for bank-level parallelism for processing in memory, a plurality of commands are received for execution by a processing in memory component embedded in a memory. The memory includes a first bank and a second bank. The plurality of commands include a first stream of commands which cause the processing in memory component to perform operations that access the first bank and a second stream of commands which cause the processing in memory component to perform operations that access the second bank. A next row of the first bank that is to be accessed by the processing in memory component is identified. Further, a precharge command is scheduled to close a first row of the first bank and an activate command is scheduled to open the next row of the first bank in parallel with execution of the second stream of commands.