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Bank of Maharashtra

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3.5

based on 311 Reviews

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BFSI, Investments & Trading

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Bank of Maharashtra BFSI, Investments & Trading Department Salaries in India

based on 394 latest salaries
Designation Avg Annual Salary Open Jobs

Branch Manager

5 - 12 years exp. (41 salaries)
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₹9 L/yr - ₹22 L/yr

Deputy Manager

1 - 8 years exp. (26 salaries)
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₹6.7 L/yr - ₹13 L/yr

Chief Manager

9 - 15 years exp. (25 salaries)
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₹15 L/yr - ₹40 L/yr

Credit Manager

5 - 10 years exp. (14 salaries)
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₹10 L/yr - ₹20 L/yr

Starting your career? Discover Bank of Maharashtra fresher salaries in India

Assistant General Manager

10 - 15 years exp. (10 salaries)
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₹24 L/yr - ₹38 L/yr

Senior Manager Credit

6 - 13 years exp. (7 salaries)
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₹13 L/yr - ₹19 L/yr

Branch Head

7 - 12 years exp. (4 salaries)
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₹14.5 L/yr - ₹20.5 L/yr

Senior Manager Treasury

6 - 9 years exp. (4 salaries)
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₹14 L/yr - ₹19 L/yr

Credit Officer

7 - 10 years exp. (4 salaries)
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₹12 L/yr - ₹17 L/yr

Clerical Staff

0 - 4 years exp. (3 salaries)
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₹1 L/yr - ₹2.5 L/yr

Chief Manager Finance

10 - 12 years exp. (3 salaries)
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₹22.5 L/yr - ₹28.8 L/yr

Branch Manager Scale 2

7 - 10 years exp. (3 salaries)
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₹12 L/yr - ₹19 L/yr

Retail Credit Manager

9 - 11 years exp. (3 salaries)
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₹12.6 L/yr - ₹16.1 L/yr

Senior Corporate Credit Manager

9 - 12 years exp. (3 salaries)
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₹13.5 L/yr - ₹24 L/yr

Computer Operator and Clerk

0 - 3 years exp. (3 salaries)
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₹2.2 L/yr - ₹2.4 L/yr

Probationary Officer

3 - 6 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4.1 L/yr

Senior Manager Finance

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

Credit Analyst

7 - 8 years exp. (AmbitionBox Estimate)
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₹17.4 L/yr - ₹18 L/yr

Zonal Business Manager

5 - 6 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

Brach Operation Manager

0 - 10 years exp. (AmbitionBox Estimate)
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₹12.2 L/yr - ₹15.5 L/yr

Last Updated: 11 Feb, 2025

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Salary Negotiation in an interview
Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.
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Salary related reviews for Bank of Maharashtra

3.7

Rated by 137 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.

read more
  • Skill development - Poor
    • +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

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

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.

read more
  • Salary - Good
    • +5 more

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.

read more
  • Salary - Excellent
    • +5 more

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.

  • 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
see more salary related reviews

Bank of Maharashtra interview questions by designations

Manager (5)Assistant Manager (3)Security Administrator (1)Head of Product (1)
View all 18 interview experiences
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 394 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 3.7/5 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 lakhs per year. The top 1% earn more than a whopping ₹39.49 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 ₹13 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?
According to AmbitionBox, 70% of the Bank of Maharashtra employees in BFSI, Investments & Trading Department reported a notice period of 3 Months, 11% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 296 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra BFSI, Investments & Trading Salaries by Location

Average annual salary in BFSI, Investments & Trading department at Bank of Maharashtra is INRunlock blur . Salary estimates are based on 394 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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