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Bank of Maharashtra

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3.5

based on 304 Reviews

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Bangalore / Bengaluru
BFSI, Investments & Trading

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Bank of Maharashtra BFSI, Investments & Trading Department Salaries in Bangalore / Bengaluru

based on 24 latest salaries
Designation Avg Annual Salary Open Jobs

Deputy Manager

2 - 8 years exp. · Bangalore / Bengaluru (7 salaries)
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₹7.6 L/yr - ₹12 L/yr

Senior Manager Finance

13 - 14 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹24.8 L/yr - ₹31.6 L/yr

Chief Manager

10 - 12 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹19 L/yr - ₹28.4 L/yr

Branch Manager Scale 2

9 - 10 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹15.8 L/yr - ₹20.1 L/yr

Deputy Manager Band 1

11 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Senior Manager Credit

12 years exp. · Bangalore / Bengaluru (AmbitionBox Estimate)
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₹15 L/yr - ₹16.1 L/yr

Senior Manager

8 - 12 years exp. · Bangalore / Bengaluru (5 salaries)
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₹16 L/yr - ₹22.1 L/yr

Manager

7 - 10 years exp. · Bangalore / Bengaluru (4 salaries)
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₹14 L/yr - ₹17.4 L/yr

Last Updated: 28 Oct, 2024

Top trending discussions

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Salary Discussions, Hike & Promotions
2w
a senior consultant
Retention offer
Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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Salary related reviews for Bank of Maharashtra

4.2

Rated by 6 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

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

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

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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

Senior Branch Manager in Mumbai

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Aug 2018
4.0
 for  Salary and Benefits

Likes

...opportunity for promotion and carrier growth. Good work culture and environment. Better salary structure in the banking sector.

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Dislikes

Pessimistic business approach.

Senior Manager in Pune

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Dec 2019
5.0
 for  Salary and Benefits

Likes

...nk is confined to Maharashtra however Bank is rapidly expanding to other states. The salary & other perks are very good as compared to other Bank. The work life balance is very poor & it needs to be improved.

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Dislikes

The work life is very poor & there is much scope for improvement

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.

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.

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see more salary related reviews

Bank of Maharashtra interview questions by designations

Manager (5)Assistant Manager (3)Branch Manager (1)Credit Officer (1)
View all 17 interview experiences

Know more about Bank of Maharashtra Bangalore / Bengaluru

More about working at Bank of Maharashtra

Bank of Maharashtra Salary FAQs

How much does Bank of Maharashtra pay per year?
The average Bank of Maharashtra salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Apprentice and ₹24 Lakhs to ₹42 Lakhs per year for a Assistant General Manager. Salary estimates are based on 24 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 4.2/5 stars.
What is the highest salary in Bank of Maharashtra?
The highest-paying job at Bank of Maharashtra is a Assistant General Manager with a salary of ₹24 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹22.13 lakhs per year. The top 1% earn more than a whopping ₹38 lakhs per year.
What is the minimum salary in Bank of Maharashtra?
Minimum salary at Bank of Maharashtra depends on the role you are applying for. For Probationary Officer the minimum salary is ₹0.5 Lakh to ₹8 Lakhs per year, and for Deputy Manager the minimum salary is ₹5 Lakhs to ₹12.2 Lakhs per year and so on.
What is the salary package for freshers in Bank of Maharashtra?
The average salary at Bank of Maharashtra for freshers is ₹6.1 Lakhs per year for Probationary Officer.
What is the notice period at Bank of Maharashtra in BFSI, Investments & Trading Department in Bangalore / Bengaluru?
According to AmbitionBox, 64% of the Bank of Maharashtra employees in BFSI, Investments & Trading Department in Bangalore / Bengaluru reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Bank of Maharashtra , Bangalore / Bengaluru is INRunlock blur . Salary estimates are based on 24 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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