Bank of Maharashtra Apprentice Salaries by 7 Employees (Updated 2025)

0 - 1 year exp.

₹1 Lakh - ₹1.2 Lakh

Low Confidence

Salary of majority employees

46% less than the average Apprentice Salary in Banking Companies for 0 - 1 year of experience

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Salaries in different departments

Customer Success, Service & Operations Apprentice Salary 0 - 1 year exp. (3 salaries)	₹1.1 L/yr - ₹1.2 L/yr
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Finance & Accounting Apprentice Salary 1 year exp. (AmbitionBox Estimate)	₹1 L/yr - ₹1.2 L/yr

Last Updated: 8 Feb 2025

Companies similar to Bank of Maharashtra for Apprentice

Company name	Avg Annual Salary	Open Jobs
State Bank of India Apprentice Salary 0 - 3 years exp. (50 salaries)	₹1.1 L/yr - ₹6 L/yr 89% more
ICICI Bank Apprentice Salary 0 - 1 year exp. (4 salaries)	₹1 L/yr - ₹1.5 L/yr 11% more
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Bank of America Apprentice Salary 0 - 1 year exp. (65 salaries)	₹6 L/yr - ₹6.7 L/yr 521% more	1 job opening
Central Bank of India Apprentice Salary 0 - 3 years exp. (34 salaries)	₹1 L/yr - ₹3.6 L/yr 89% more
Zydus Lifesciences Apprentice Salary 0 - 1 year exp. (124 salaries)	₹1 L/yr - ₹3.1 L/yr 66% more

Apprentice salary at Bank of Maharashtra ranges between ₹1 Lakh to ₹1.2 Lakh per year for employees with less than 1 year of experience. Salary estimates are based on 7 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Apprentice salaries

Last Updated: 8 Feb 2025

Experience	Avg Annual Salary
Fresher (3 salaries)	₹1 L/yr - ₹1.1 L/yr
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1 year (4 salaries)	₹1.1 L/yr - ₹1.2 L/yr

Similar Designation salaries in Bank of Maharashtra

Officer Salary

(3 salaries)

₹4.2 L/yr - ₹6 L/yr

Test Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(78 salaries)

₹5 L/yr - ₹12 L/yr

Software Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹18.65 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Salary related reviews for Bank of Maharashtra

4.0

Rated by 1 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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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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Bank of Maharashtra Apprentice Salary FAQs

What is the salary of Apprentice at Bank of Maharashtra?

Apprentice salary at Bank of Maharashtra in India ranges between ₹1.0 Lakhs to ₹1.2 Lakhs for less than 1 year of experience. According to our estimates it is 46% less than the average Apprentice Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Bank of Maharashtra India.

How does the salary of a Apprentice at Bank of Maharashtra India compare with the average salary range for this job?

The average salary of a Apprentice at Bank of Maharashtra is 46% less than the average salary of a Apprentice in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Apprentice in India?

Bank of America Apprentice Salary - ₹6.0 Lakhs to ₹6.7 Lakhs per year
Central Bank of India Apprentice Salary - ₹1.0 Lakhs to ₹3.6 Lakhs per year
State Bank of India Apprentice Salary - ₹1.1 Lakhs to ₹6.0 Lakhs per year
Zydus Lifesciences Apprentice Salary - ₹1.0 Lakhs to ₹3.1 Lakhs per year
ICICI Bank Apprentice Salary - ₹1.0 Lakhs to ₹1.5 Lakhs per year

What is the estimated take home salary of a Apprentice at Bank of Maharashtra in India?

The estimated take-home salary of a Apprentice at Bank of Maharashtra ranges between ₹7,051 per month to ₹7,713 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Apprentice salary in India which ranges between ₹1.0 Lakhs to ₹1.2 Lakhs per year for employees with less than 1 year of experience. Check how did we calculate take home salary?

What is the notice period for Apprentice at Bank of Maharashtra?

According to AmbitionBox, 43% of the Bank of Maharashtra Apprentices reported a notice period of 15 days or less, 43% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 7 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Apprentice Salaries

Bank of Maharashtra Apprentice salary in India ranges between ₹1 Lakh to ₹1.2 Lakh with an average annual salary of ₹. Salary estimates are based on 7 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.