Bank of Maharashtra Assistant Manager Salaries by 4 Employees (Updated 2025)

2 - 3 years exp.

₹9.6 Lakhs - ₹12 Lakhs

Low Confidence

Salary of majority employees

15% more than the average Assistant Manager Salary in Banking Companies for 2 - 3 years of experience

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Salaries in different departments

BFSI, Investments & Trading Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹9.6 L/yr - ₹9.9 L/yr
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Risk Management & Compliance Assistant Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹9.8 L/yr - ₹12 L/yr

Last Updated: 14 Jan 2025

Companies similar to Bank of Maharashtra for Assistant Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Assistant Manager Salary 0 - 11 years exp. (510 salaries)	₹5.4 L/yr - ₹21 L/yr 33% more
ICICI Bank Assistant Manager Salary 0 - 8 years exp. (10.2k salaries)	₹1.8 L/yr - ₹6 L/yr 58% less
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HDFC Bank Assistant Manager Salary 0 - 10 years exp. (9.5k salaries)	₹1.8 L/yr - ₹7.3 L/yr 60% less
Axis Bank Assistant Manager Salary 0 - 10 years exp. (15k salaries)	₹1.8 L/yr - ₹6 L/yr 58% less	2 job openings
Punjab National Bank Assistant Manager Salary 0 - 10 years exp. (124 salaries)	₹5 L/yr - ₹15.2 L/yr 3% less
Kotak Mahindra Bank Assistant Manager Salary 0 - 9 years exp. (12.7k salaries)	₹1 L/yr - ₹5 L/yr 64% less
IDBI Bank Assistant Manager Salary 0 - 12 years exp. (716 salaries)	₹6 L/yr - ₹18 L/yr 26% more
Canara Bank Assistant Manager Salary 3 - 11 years exp. (258 salaries)	₹5.3 L/yr - ₹18 L/yr 27% more
Bank of Baroda Assistant Manager Salary 4 - 12 years exp. (262 salaries)	₹5.5 L/yr - ₹21 L/yr 32% more
Union Bank of India Assistant Manager Salary 0 - 13 years exp. (190 salaries)	₹5 L/yr - ₹16 L/yr 15% more
Yes Bank Assistant Manager Salary 0 - 11 years exp. (3.4k salaries)	₹2 L/yr - ₹6.7 L/yr 53% less	1 job opening
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IndusInd Bank Assistant Manager Salary 0 - 10 years exp. (2.3k salaries)	₹1.5 L/yr - ₹6.3 L/yr 60% less	1 job opening
Bank of America Assistant Manager Salary 2 - 18 years exp. (1.9k salaries)	₹7.2 L/yr - ₹26 L/yr 73% more	6 job openings
IDFC FIRST Bank Assistant Manager Salary 0 - 11 years exp. (1.6k salaries)	₹2.1 L/yr - ₹7.1 L/yr 49% less
AU Small Finance Bank Assistant Manager Salary 0 - 12 years exp. (1.2k salaries)	₹1.8 L/yr - ₹8.4 L/yr 52% less
Barclays Assistant Manager Salary 2 - 15 years exp. (1k salaries)	₹7 L/yr - ₹25 L/yr 52% more
Standard Chartered Assistant Manager Salary 2 - 18 years exp. (885 salaries)	₹5.2 L/yr - ₹18 L/yr 24% more
Equitas Small Finance Bank Assistant Manager Salary 0 - 12 years exp. (850 salaries)	₹1.6 L/yr - ₹5.5 L/yr 62% less
Federal Bank Assistant Manager Salary 0 - 10 years exp. (682 salaries)	₹6 L/yr - ₹20 L/yr 32% more
Jana Small Finance Bank Assistant Manager Salary 0 - 10 years exp. (481 salaries)	₹1.9 L/yr - ₹6.8 L/yr 56% less

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Assistant Manager salary at Bank of Maharashtra ranges between ₹9.6 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 3 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Assistant Manager salaries

Last Updated: 14 Jan 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr
Login to view exact salary
3 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹12 L/yr

Similar Designation salaries in Bank of Maharashtra

Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Operations Manager Salary

(3 salaries)

₹10 L/yr - ₹20 L/yr

Team Manager Salary

(4 salaries)

₹10.8 L/yr - ₹14 L/yr

Branch Manager Salary

(77 salaries)

₹8 L/yr - ₹22 L/yr

Deputy Manager Salary

(78 salaries)

₹5 L/yr - ₹12 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Teller Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Salary related reviews for Bank of Maharashtra

1.0

Rated by 1 employees for salary & benefits

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

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

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

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

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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of Maharashtra Assistant Manager Salary FAQs

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

Assistant Manager salary at Bank of Maharashtra in India ranges between ₹9.6 Lakhs to ₹12.0 Lakhs for experience between 2 years to 3 years. According to our estimates it is 15% more than the average Assistant Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra India.

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

The average salary of a Assistant Manager at Bank of Maharashtra is 15% more than the average salary of a Assistant Manager in India. To know exact salary insights, login to view.

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

Bank of America Assistant Manager Salary - ₹7.2 Lakhs to ₹26.0 Lakhs per year
Barclays Assistant Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
State Street Bank Assistant Manager Salary - ₹6.3 Lakhs to ₹20.7 Lakhs per year
State Bank of India Assistant Manager Salary - ₹5.4 Lakhs to ₹21.0 Lakhs per year
Bank of Baroda Assistant Manager Salary - ₹5.5 Lakhs to ₹21.0 Lakhs per year

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

Federal Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Canara Bank Assistant Manager Salary - ₹5.3 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹18.0 Lakhs per year
Standard Chartered Assistant Manager Salary - ₹5.2 Lakhs to ₹18.0 Lakhs per year
Indian Overseas Bank Assistant Manager Salary - ₹5.1 Lakhs to ₹18.0 Lakhs per year

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

The estimated take-home salary of a Assistant Manager at Bank of Maharashtra ranges between ₹69,815 per month to ₹71,610 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Assistant Manager salary in India which ranges between ₹9.6 Lakhs to ₹12.0 Lakhs per year for employees with experience between 2 years to 3 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 75% of the Bank of Maharashtra Assistant Managers reported a notice period of 3 Months, 25% reported a notice period of 15 days or less.This is based on 8 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Assistant Manager Salaries

Bank of Maharashtra Assistant Manager salary in India ranges between ₹9.6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.