Bank of Maharashtra Pune Banking Officer Salaries by 4 Employees (Updated 2025)

0 - 8 years exp.

₹7.8 Lakhs - ₹12.4 Lakhs

Salary of majority employees

199% more than the average Banking Officer Salary in Banking Companies for 0 - 8 years of experience

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Last Updated: 3 Jan 2025

Companies similar to Bank of Maharashtra for Banking Officer in Pune

Bank of Maharashtra Banking Officer Salary

0 - 8 years exp. (4 salaries)

₹7.8 L/yr - ₹12.4 L/yr

Company name	Avg Annual Salary	Open Jobs
IDFC FIRST Bank Banking Officer Salary 0 - 7 years exp. (41 salaries)	₹2.5 L/yr - ₹4.9 L/yr 71% less
AU Small Finance Bank Banking Officer Salary 0 - 6 years exp. (39 salaries)	₹1.8 L/yr - ₹5 L/yr 70% less	1 job opening
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Ujjivan Small Finance Bank Banking Officer Salary 0 - 7 years exp. (14 salaries)	₹2 L/yr - ₹4.1 L/yr 74% less
Bank of Baroda Banking Officer Salary 0 - 11 years exp. (7 salaries)	₹4.3 L/yr - ₹12.9 L/yr 30% less
Bank of India Banking Officer Salary 2 - 6 years exp. (6 salaries)	₹7.5 L/yr - ₹12 L/yr 28% less
DBS Bank Banking Officer Salary 4 - 9 years exp. (6 salaries)	₹4.5 L/yr - ₹5.5 L/yr 54% less
IDBI Bank Banking Officer Salary 5 - 12 years exp. (4 salaries)	₹6.4 L/yr - ₹12 L/yr 10% less
Jana Small Finance Bank Banking Officer Salary 2 - 6 years exp. (4 salaries)	₹2.2 L/yr - ₹2.5 L/yr 79% less
Indian Overseas Bank Banking Officer Salary 4 - 10 years exp. (3 salaries)	₹5 L/yr - ₹10.8 L/yr 32% less
Equitas Small Finance Bank Banking Officer Salary 1 - 4 years exp. (3 salaries)	₹2 L/yr - ₹3.4 L/yr 75% less

Banking Officer salary at Bank of Maharashtra ranges between ₹7.8 Lakhs to ₹12.4 Lakhs per year for employees with less than 1 year of experience to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Banking Officer salaries in Pune

Last Updated: 3 Jan 2025

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹9.4 L/yr - ₹12 L/yr
1 year (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
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2 years (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
3 years (AmbitionBox Estimate)	₹9.9 L/yr - ₹12.6 L/yr
4 years (AmbitionBox Estimate)	₹10.1 L/yr - ₹12.9 L/yr
5 years (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
6 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
7 years (AmbitionBox Estimate)	₹10.6 L/yr - ₹13.5 L/yr
8 years (AmbitionBox Estimate)	₹10.7 L/yr - ₹13.7 L/yr

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Similar Designation salaries in Bank of Maharashtra

Deputy Manager Salary

(18 salaries)

₹5 L/yr - ₹12 L/yr

Salary related reviews for Bank of Maharashtra

5.0

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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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of Maharashtra Banking Officer Salary FAQs

What is the salary of Banking Officer at Bank of Maharashtra in Pune?

The average salary of a Banking Officer at Bank of Maharashtra in Pune typically ranges from ₹7.8 Lakhs to ₹12.4 Lakhs per year, depending on experience (from Fresher to 8 years).

The top 10% of Banking Officer in Pune at Bank of Maharashtra earn more than ₹12.4 Lakhs per year, and the top 1% earn over ₹12.4 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 4 Bank of Maharashtra employees in India.

What is the estimated take home salary of a Banking Officer at Bank of Maharashtra in Pune?

The estimated take-home salary of a Banking Officer at Bank of Maharashtra in Pune typically ranges from ₹84,963 to ₹87,186 per month. This is based on the average salary range of ₹7.8 Lakhs to ₹12.4 Lakhs per year for employees with experience ranging from Fresher to 8 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 4 salaries received from various employees of Bank of Maharashtra. Check how we calculate in-hand salary with our in-hand salary calculator.

What is the salary of a Banking Officer in companies similar to Bank of Maharashtra in Pune?

The salary of a Banking Officer at companies similar to Bank of Maharashtra in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

IDBI Bank	₹6.4 Lakhs to ₹12.0 Lakhs per year
Bank of India	₹7.5 Lakhs to ₹12.0 Lakhs per year
Bank of Baroda	₹4.3 Lakhs to ₹12.9 Lakhs per year
Indian Overseas Bank	₹5.0 Lakhs to ₹10.8 Lakhs per year
DBS Bank	₹4.5 Lakhs to ₹5.5 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 Pune?

The salary growth for a Banking Officer at Bank of Maharashtra in Pune depends on factors such as experience, performance, and promotions. On average, a Banking Officer in Pune can expect the following growth trajectory at Bank of Maharashtra:

Experience	Average Salary Range
Fresher	₹9.4 Lakhs to ₹12.0 Lakhs per year
1 year	₹9.6 Lakhs to ₹12.2 Lakhs per year
2 years	₹9.7 Lakhs to ₹12.4 Lakhs per year
3 years	₹9.9 Lakhs to ₹12.6 Lakhs per year

and so on.

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Bank of Maharashtra Banking Officer Salaries in Pune

Bank of Maharashtra Banking Officer salary in Pune ranges between ₹7.8 Lakhs to ₹12.4 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.