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Bank of Maharashtra Banking Officer salaries in India (Updated 2025)

Annual salary range
0 - 10 years exp.
₹5 Lakhs - ₹20 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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199% more than the average Banking Officer Salary in Banking Companies for 0 - 10 years of experience

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Last Updated: 3 Jan 2025

Companies similar to Bank of Maharashtra for Banking Officer

Company name Avg Annual Salary Open Jobs
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State Bank of India Banking Officer Salary

0 - 15 years exp. (94 salaries)

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₹5.4 L/yr - ₹12.4 L/yr

arrow icon 41% less
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ICICI Bank Banking Officer Salary

0 - 6 years exp. (563 salaries)

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₹1 L/yr - ₹6.7 L/yr

arrow icon 70% less
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HDFC Bank Banking Officer Salary

0 - 8 years exp. (437 salaries)

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₹1 L/yr - ₹6 L/yr

arrow icon 74% less
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Axis Bank Banking Officer Salary

0 - 6 years exp. (228 salaries)

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₹1.5 L/yr - ₹5.6 L/yr

arrow icon 73% less
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Punjab National Bank Banking Officer Salary

2 - 31 years exp. (30 salaries)

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₹7.4 L/yr - ₹15 L/yr

arrow icon 14% less
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Kotak Mahindra Bank Banking Officer Salary

1 - 6 years exp. (194 salaries)

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₹1.6 L/yr - ₹5 L/yr

arrow icon 72% less
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Bank of Baroda Banking Officer Salary

0 - 12 years exp. (102 salaries)

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₹3.2 L/yr - ₹13 L/yr

arrow icon 37% less
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Canara Bank Banking Officer Salary

4 - 12 years exp. (41 salaries)

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₹4 L/yr - ₹15 L/yr

arrow icon 19% less
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IndusInd Bank Banking Officer Salary

1 - 6 years exp. (133 salaries)

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₹1.5 L/yr - ₹6 L/yr

arrow icon 71% less
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Yes Bank Banking Officer Salary

0 - 6 years exp. (102 salaries)

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₹1.2 L/yr - ₹5.4 L/yr

arrow icon 74% less
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IDFC FIRST Bank Banking Officer Salary

0 - 7 years exp. (585 salaries)

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₹2 L/yr - ₹5.3 L/yr

arrow icon 71% less
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AU Small Finance Bank Banking Officer Salary

0 - 8 years exp. (363 salaries)

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₹1 L/yr - ₹5.5 L/yr

arrow icon 70% less
2 job openings
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₹1 L/yr - ₹5 L/yr

arrow icon 73% less
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Bank of India Banking Officer Salary

0 - 9 years exp. (53 salaries)

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₹7.1 L/yr - ₹12.2 L/yr

arrow icon 40% less
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₹1 L/yr - ₹3.6 L/yr

arrow icon 81% less
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Standard Chartered Banking Officer Salary

1 - 10 years exp. (50 salaries)

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₹2 L/yr - ₹6 L/yr

arrow icon 66% less
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DBS Bank Banking Officer Salary

1 - 13 years exp. (37 salaries)

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₹3 L/yr - ₹10.4 L/yr

arrow icon 54% less
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₹1.6 L/yr - ₹5 L/yr

arrow icon 77% less
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IDBI Bank Banking Officer Salary

2 - 15 years exp. (24 salaries)

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₹6.6 L/yr - ₹17.8 L/yr

arrow icon 7% less
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Indian Overseas Bank Banking Officer Salary

0 - 15 years exp. (12 salaries)

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₹5.6 L/yr - ₹13.5 L/yr

arrow icon 31% less
View all
Banking Officer salary at Bank of Maharashtra ranges between ₹5 Lakhs to ₹20 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 9 latest salaries received from various employees of Bank of Maharashtra.

Latest annual salaries shared by Bank of Maharashtra Banking Officer

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8 years exp.
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6 years exp.
9mo ago
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5 years exp.
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2 years exp.
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2 years exp.
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10 years exp.
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8 years exp.
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8 years exp.

Experience wise Bank of Maharashtra Banking Officer salaries

Last Updated: 3 Jan 2025

Experience Avg Annual Salary
Fresher (AmbitionBox Estimate)

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₹10 L/yr - ₹18.7 L/yr
1 year (AmbitionBox Estimate)

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₹9.5 L/yr - ₹12.2 L/yr
2 years (AmbitionBox Estimate)

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₹5 L/yr - ₹19.4 L/yr
3 years (AmbitionBox Estimate)

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₹9.9 L/yr - ₹12.6 L/yr
4 years (AmbitionBox Estimate)

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₹10 L/yr - ₹12.8 L/yr
View all

Similar Designation salaries in Bank of Maharashtra

Management Trainee Salary
(AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr
Deputy Manager Salary
(78 salaries)
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₹5 L/yr - ₹12 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
Accountant Salary
(5 salaries)
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₹1.8 L/yr - ₹3.5 L/yr
Team Lead Salary
(AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr
Account Assistant Salary
(AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr

Salary related reviews for Bank of Maharashtra

4.4

Rated by 5 employees for salary & benefits

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.

read more
  • Skill development - Poor
  • +4 more

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.

read more
  • Salary - Poor
  • +2 more

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.

read more
  • 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

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

read more
  • 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.

read more
  • Skill development - Bad
  • +3 more

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +3 more
see more salary related reviews

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Bank of Maharashtra Banking Officer Salary FAQs

What is the salary of Banking Officer at Bank of Maharashtra ?
The average salary of a Banking Officer at Bank of Maharashtra in India typically ranges from ₹5.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from Fresher to 10 years).

The top 10% of Banking Officer at Bank of Maharashtra earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Banking Officer Salaries at Bank of Maharashtra can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 9 Bank of Maharashtra employees in India.
What is the estimated take home salary of a Banking Officer at Bank of Maharashtra in India?
The estimated take-home salary of a Banking Officer at Bank of Maharashtra in India typically ranges from ₹84,780 to ₹86,998 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from Fresher to 10 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 9 salaries received from various employees of Bank of Maharashtra. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Bank of Maharashtra for Banking Officer in India?
Barclays ₹15.7 Lakhs to ₹25.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of Maharashtra, depending on the role and experience level.
What is the salary of a Banking Officer in companies similar to Bank of Maharashtra in India?
The salary of a Banking Officer at companies similar to Bank of Maharashtra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank ₹6.6 Lakhs to ₹17.8 Lakhs per year
Punjab National Bank ₹7.4 Lakhs to ₹15.0 Lakhs per year
Canara Bank ₹4.0 Lakhs to ₹15.0 Lakhs per year
Indian Bank ₹5.9 Lakhs to ₹16.6 Lakhs per year
Federal Bank ₹7.7 Lakhs to ₹10.8 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Banking Officer at Bank of Maharashtra in India?
The salary growth for a Banking Officer at Bank of Maharashtra depends on factors such as experience, performance, and promotions. On average, a Banking Officer can expect the following growth trajectory at Bank of Maharashtra:

Experience Average Salary Range
Fresher ₹10.0 Lakhs to ₹18.7 Lakhs per year
1 year ₹9.5 Lakhs to ₹12.2 Lakhs per year
2 years ₹5.0 Lakhs to ₹19.4 Lakhs per year
3 years ₹9.9 Lakhs to ₹12.6 Lakhs per year
and so on.

Tell us how to improve this page.

Bank of Maharashtra Banking Officer salary in India ranges between ₹5 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 9 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.