Bank of Maharashtra Assistant General Manager Salaries by 20+ Employees (Updated 2025)

10 - 15 years exp.

₹24 Lakhs - ₹42 Lakhs

Salary of majority employees

44% more than the average Assistant General Manager Salary in Banking Companies for 10 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant General Manager Salary 10 - 15 years exp. (10 salaries)	₹24 L/yr - ₹38 L/yr
Risk Management & Compliance Assistant General Manager Salary 11 - 12 years exp. (AmbitionBox Estimate)	₹35 L/yr - ₹42 L/yr
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Strategic & Top Management Assistant General Manager Salary 14 years exp. (AmbitionBox Estimate)	₹35 L/yr - ₹37 L/yr

Last Updated: 27 Feb 2025

Companies similar to Bank of Maharashtra for Assistant General Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Assistant General Manager Salary 16 - 32 years exp. (202 salaries)	₹15 L/yr - ₹52.3 L/yr 13% less
ICICI Bank Assistant General Manager Salary 15 - 24 years exp. (196 salaries)	₹28.6 L/yr - ₹75 L/yr 50% more
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HDFC Bank Assistant General Manager Salary 11 - 17 years exp. (19 salaries)	₹18.5 L/yr - ₹42 L/yr 14% less
Punjab National Bank Assistant General Manager Salary 16 - 33 years exp. (72 salaries)	₹11.7 L/yr - ₹48.1 L/yr 20% less
Kotak Mahindra Bank Assistant General Manager Salary 0 - 4 years exp. (4 salaries)	₹2.5 L/yr - ₹4.5 L/yr 90% less
Yes Bank Assistant General Manager Salary 3 - 30 years exp. (4 salaries)	₹16 L/yr - ₹30 L/yr 39% less
IDBI Bank Assistant General Manager Salary 12 - 20 years exp. (399 salaries)	₹12 L/yr - ₹40 L/yr 23% less
Canara Bank Assistant General Manager Salary 22 - 31 years exp. (34 salaries)	₹13.1 L/yr - ₹40 L/yr 23% less
Union Bank of India Assistant General Manager Salary 16 - 31 years exp. (29 salaries)	₹15 L/yr - ₹52 L/yr 12% less
Bank of Baroda Assistant General Manager Salary 13 - 31 years exp. (31 salaries)	₹15 L/yr - ₹50 L/yr 17% less
Bank of India Assistant General Manager Salary 19 - 31 years exp. (16 salaries)	₹14 L/yr - ₹48.9 L/yr 21% less
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Central Bank of India Assistant General Manager Salary 12 - 34 years exp. (16 salaries)	₹10 L/yr - ₹34 L/yr 36% less
UCO Bank Assistant General Manager Salary 10 - 19 years exp. (13 salaries)	₹11.3 L/yr - ₹38 L/yr 20% less
Indian Bank Assistant General Manager Salary 17 - 32 years exp. (11 salaries)	₹25.6 L/yr - ₹50 L/yr 16% less
Indian Overseas Bank Assistant General Manager Salary 24 - 31 years exp. (8 salaries)	₹8.1 L/yr - ₹31.8 L/yr 46% less
Federal Bank Assistant General Manager Salary 24 - 30 years exp. (4 salaries)	₹14 L/yr - ₹30 L/yr 26% less
DBS Bank Assistant General Manager Salary 20 - 30 years exp. (4 salaries)	₹15 L/yr - ₹18 L/yr 51% less

Assistant General Manager salary at Bank of Maharashtra ranges between ₹24 Lakhs to ₹42 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 20 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Assistant General Manager salaries

Last Updated: 27 Feb 2025

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹24 L/yr - ₹61.9 L/yr
11 years (4 salaries)	₹24 L/yr - ₹35 L/yr
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12 years (6 salaries)	₹25 L/yr - ₹42 L/yr
13 years (AmbitionBox Estimate)	₹35 L/yr - ₹63.8 L/yr
14 years (4 salaries)	₹35 L/yr - ₹38 L/yr
15+ years (3 salaries)	₹35 L/yr - ₹38 L/yr

View all

Similar Designation salaries in Bank of Maharashtra

Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Territory Sales Manager Salary

(AmbitionBox Estimate)

₹2.4 L/yr - ₹3.1 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Branch Manager Salary

(77 salaries)

₹8 L/yr - ₹22 L/yr

Marketing Manager Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Business Development Manager Salary

(3 salaries)

₹5 L/yr - ₹13 L/yr

Deputy Manager Salary

(78 salaries)

₹5 L/yr - ₹12 L/yr

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Sales Executive Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Bank of Maharashtra

4.3

Rated by 4 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 Assistant General Manager Salary FAQs

What is the salary of Assistant General Manager at Bank of Maharashtra?

Assistant General Manager salary at Bank of Maharashtra in India ranges between ₹24.0 Lakhs to ₹42.0 Lakhs for experience between 10 years to 15 years. According to our estimates it is 44% more than the average Assistant General Manager Salary in India. Salary estimates are based on 20 latest salaries received from various employees of Bank of Maharashtra India.

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

The average salary of a Assistant General Manager at Bank of Maharashtra is 44% more than the average salary of a Assistant General Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Assistant General Manager in India?

ICICI Bank Assistant General Manager Salary - ₹28.6 Lakhs to ₹75.0 Lakhs per year

What is the salary of a Assistant General Manager in companies similar to Bank of Maharashtra in India?

Union Bank of India Assistant General Manager Salary - ₹15.0 Lakhs to ₹52.0 Lakhs per year
State Bank of India Assistant General Manager Salary - ₹15.0 Lakhs to ₹52.3 Lakhs per year
HDFC Bank Assistant General Manager Salary - ₹18.5 Lakhs to ₹42.0 Lakhs per year
Indian Bank Assistant General Manager Salary - ₹25.6 Lakhs to ₹50.0 Lakhs per year
Bank of Baroda Assistant General Manager Salary - ₹15.0 Lakhs to ₹50.0 Lakhs per year

What is the estimated take home salary of a Assistant General Manager at Bank of Maharashtra in India?

The estimated take-home salary of a Assistant General Manager at Bank of Maharashtra ranges between ₹2,13,230 per month to ₹2,21,734 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Assistant General Manager salary in India which ranges between ₹24.0 Lakhs to ₹42.0 Lakhs per year for employees with experience between 10 years to 15 years. Check how did we calculate take home salary?

What is the notice period for Assistant General Manager at Bank of Maharashtra?

According to AmbitionBox, 33% of the Bank of Maharashtra Assistant General Managers reported a notice period of 2 Months, 25% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 12 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Assistant General Manager Salaries

Bank of Maharashtra Assistant General Manager salary in India ranges between ₹24 Lakhs to ₹42 Lakhs with an average annual salary of ₹. Salary estimates are based on 20 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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Bank of Maharashtra Assistant General Manager salaries in India (Updated 2025)

Companies similar to Bank of Maharashtra for Assistant General Manager

Latest annual salaries shared by Bank of Maharashtra Assistant General Manager

Experience wise Bank of Maharashtra Assistant General Manager salaries

Similar Designation salaries in Bank of Maharashtra

Salary related reviews for Bank of Maharashtra

Branch Manager in Pune

Manager in Patna

Assistant Manager in Pune

Manager in Gujarat

Operations Manager in Pune

Bank of Maharashtra Assistant General Manager Salary FAQs

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Bank of Maharashtra Assistant General Manager Salaries by Location