Bank of Maharashtra Ahmednagar Salaries by 6 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Deputy Manager 1 - 2 years exp. · Ahmednagar (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.3 L/yr
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Clerk 3 - 5 years exp. · Ahmednagar (AmbitionBox Estimate)	₹4.3 L/yr - ₹6.2 L/yr
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Key Account Manager 1 year exp. · Ahmednagar (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.1 L/yr
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Front end Developer Fresher · Ahmednagar (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr
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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Salary related reviews for Bank of Maharashtra

4.0

Rated by 7 employees for salary & benefits

Branch Manager in Pune

Full Time

BFSI, Investments & Trading Department

2.0

• posted on 09 Aug 2024

4.0

for Salary and Benefits

Likes

Salary credited on time nothing else

Salary - Good

+1 more

Dislikes

No work life balance, extreme pressure for sales . Shortage of staff and very bad behaviour of higher Management executives on middle management officers. Frequent all India transfers , usse transfer as tools to harass it's employees to meet their targets.

Skill development - Poor

+4 more

Manager in Patna

Full Time

Credit monitoring Dept. Department

3.0

• posted on 20 Aug 2021

2.0

for Salary and Benefits

Likes

They have a very good policy and one should spend some time to understand the policies.

Job security - Good

+2 more

Dislikes

...f Maharashtra is an old generation bank and it will reflect in the work culture. They still have the system of manual salary where one need to submit an attendance sheet and the same would be send to zone. Then they will upload and you will receive your salary and stuffs like that.

Salary - Poor

+2 more

Assistant Manager in Pune

Full Time

Other Department

2.0

• posted on 05 Mar 2018

1.0

for Salary and Benefits

Likes

...dustry going through tough it's quite difficult to work in this organization . Heavy work pressure and the risk involve in it doesn't compesate the salary in hand.

Job security - Good

+1 more

Dislikes

Heavy work load, risk involved in credit , incessant targets bombarded every day ,no work life balance

Salary - Bad

+4 more

Manager in Gujarat

BFSI, Investments & Trading Department

2.0

• posted on 02 Feb 2022

4.0

for Salary and Benefits

Likes

Job Security, PSU Bank, Allowance are good as compared to industry, Career growth opportunities are there. Technology is good

Salary - Good

+2 more

Dislikes

...ot believe in training. You should be a self learner Pathetic Work life balance. They will call on Saturday and sunday without compensation. Quality of the proposal is not good.

Skill development - Bad

+3 more

Operations Manager in Pune

Operations Department

1.0

• posted on 09 Dec 2021

3.0

for Salary and Benefits

Likes

Nothing Except the Means as providing salary but in vain. Job is secure but Life is not.

Job security - Good

+1 more

Dislikes

Discriminative, insulting, Torturous, Biased, Zero Work life balance, Unsupportive, No life security includes forced Unhealthy routines leads to serious health problems, Chaotic, tensed ambiance and many.

Skill development - Poor

+3 more

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Bank of Maharashtra interview questions by designations

Manager (5)IT (Data Analytics) (1)Head of Product (1)Offce Assistant (1)

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Know more about Bank of Maharashtra Ahmednagar

Bank of Maharashtra Salary FAQs

How much does Bank of Maharashtra pay per year?

The average Bank of Maharashtra salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Apprentice and ₹24 Lakhs to ₹42 Lakhs per year for a Assistant General Manager. Salary estimates are based on 6 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 4.0/5 stars.

What is the highest salary in Bank of Maharashtra?

The highest-paying job at Bank of Maharashtra is a Assistant General Manager with a salary of ₹24 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹22 lakhs per year. The top 1% earn more than a whopping ₹39.46 lakhs per year.

What is the minimum salary in Bank of Maharashtra?

Minimum salary at Bank of Maharashtra depends on the role you are applying for. For Probationary Officer the minimum salary is ₹0.5 Lakh to ₹8 Lakhs per year, and for Deputy Manager the minimum salary is ₹5 Lakhs to ₹12 Lakhs per year and so on.

What is the salary package for freshers in Bank of Maharashtra?

The average salary at Bank of Maharashtra for freshers is ₹6.1 Lakhs per year for Probationary Officer.

What is the notice period at Bank of Maharashtra in Ahmednagar?

According to AmbitionBox, 50% of the Bank of Maharashtra employees in Ahmednagar reported a notice period of 3 Months, 25% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 4 responses on AmbitionBox in last 2 years.

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Average annual salary in Bank of Maharashtra , Ahmednagar is INR . Salary estimates are based on 6 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.