Bank of Maharashtra Branch Head Salaries by 8 Employees

7 - 13 years exp.

₹12.3 Lakhs - ₹20.5 Lakhs

Low Confidence

Salary of majority employees

56% more than the average Branch Head Salary in Banking Companies for 7 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Head Salary 7 - 12 years exp. (4 salaries)	₹14.5 L/yr - ₹20.5 L/yr
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Risk Management & Compliance Branch Head Salary 10 - 13 years exp. (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.6 L/yr

Last Updated: 15 Oct 2024

Companies similar to Bank of Maharashtra for Branch Head

Company name	Avg Annual Salary	Open Jobs
State Bank of India Branch Head Salary 6 - 15 years exp. (37 salaries)	₹9 L/yr - ₹30 L/yr 21% more
ICICI Bank Branch Head Salary 8 - 19 years exp. (190 salaries)	₹6.4 L/yr - ₹22.9 L/yr 11% less
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HDFC Bank Branch Head Salary 9 - 20 years exp. (319 salaries)	₹7.5 L/yr - ₹25.1 L/yr 4% less
Axis Bank Branch Head Salary 9 - 24 years exp. (901 salaries)	₹7.3 L/yr - ₹25 L/yr 4% less	2 job openings
Punjab National Bank Branch Head Salary 9 - 27 years exp. (15 salaries)	₹8.4 L/yr - ₹23 L/yr 23% less
Kotak Mahindra Bank Branch Head Salary 8 - 18 years exp. (284 salaries)	₹7.6 L/yr - ₹23 L/yr 11% less
Bank of Baroda Branch Head Salary 8 - 13 years exp. (38 salaries)	₹8 L/yr - ₹28 L/yr 11% more
Canara Bank Branch Head Salary 7 - 13 years exp. (25 salaries)	₹10 L/yr - ₹22 L/yr 11% less
IndusInd Bank Branch Head Salary 4 - 18 years exp. (514 salaries)	₹3.8 L/yr - ₹16.7 L/yr 44% less	1 job opening
Yes Bank Branch Head Salary 7 - 21 years exp. (211 salaries)	₹6.3 L/yr - ₹25.6 L/yr 8% less

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Branch Head salary at Bank of Maharashtra ranges between ₹12.3 Lakhs to ₹20.5 Lakhs per year for employees with experience between 7 years to 13 years. Salary estimates are based on 8 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Branch Head salaries

Last Updated: 15 Oct 2024

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹30.2 L/yr
8 years (AmbitionBox Estimate)	₹13 L/yr - ₹20.5 L/yr
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9 years (AmbitionBox Estimate)	₹15 L/yr - ₹30.1 L/yr
10 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹30.1 L/yr
11 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹18 L/yr
12 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹18 L/yr
13 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹30.1 L/yr

View all

From

Branch Head

₹

Lakhs/yr

7 - 13 years exp.

Senior Vice President

Salary unavailable

Branch Head 7 - 13 years exp.

Vice President Corporate Finance

Salary

unavailable

Senior Vice President

Salary

unavailable

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

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Senior Branch Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Deputy Branch Manager Salary

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Salary related reviews for Bank of Maharashtra

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

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

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.

Salary - Good

+5 more

Dislikes

Pessimistic business approach.

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

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Help me choose New Regime or Old Regime for my salary revision

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Bank of Maharashtra Branch Head Salary FAQs

What is the salary of Branch Head at Bank of Maharashtra ?

The average salary of a Branch Head at Bank of Maharashtra in India typically ranges from ₹12.3 Lakhs to ₹20.5 Lakhs per year, depending on experience (from 7 years to 13 years).

The top 10% of Branch Head at Bank of Maharashtra earn more than ₹19.8 Lakhs per year, and the top 1% earn over ₹NaN Lakhs per year. Branch Head 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 8 Bank of Maharashtra employees in India.

What is the estimated take home salary of a Branch Head at Bank of Maharashtra in India?

The estimated take-home salary of a Branch Head at Bank of Maharashtra in India typically ranges from ₹1,13,699 to ₹1,16,863 per month. This is based on the average salary range of ₹12.3 Lakhs to ₹20.5 Lakhs per year for employees with experience ranging from 7 years to 13 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 8 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 Branch Head in India?

Standard Chartered	₹31.5 Lakhs to ₹46.0 Lakhs per year
IDBI Bank	₹10.0 Lakhs to ₹32.0 Lakhs per year
State Bank of India	₹9.0 Lakhs to ₹30.0 Lakhs per year
Bank of India	₹10.4 Lakhs to ₹25.0 Lakhs per year
Bank of Baroda	₹8.0 Lakhs to ₹28.0 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 Branch Head in companies similar to Bank of Maharashtra in India?

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

Indian Bank	₹9.1 Lakhs to ₹25.0 Lakhs per year
Deutsche Bank	₹12.0 Lakhs to ₹22.5 Lakhs per year
Axis Bank	₹7.3 Lakhs to ₹25.0 Lakhs per year
HDFC Bank	₹7.5 Lakhs to ₹25.1 Lakhs per year
IDFC FIRST Bank	₹6.8 Lakhs to ₹25.5 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 Branch Head at Bank of Maharashtra in India?

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

Experience	Average Salary Range
7 years	₹14.5 Lakhs to ₹30.2 Lakhs per year
8 years	₹13.0 Lakhs to ₹20.5 Lakhs per year
9 years	₹15.0 Lakhs to ₹30.1 Lakhs per year
10 years	₹12.3 Lakhs to ₹30.1 Lakhs per year

and so on.

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Bank of Maharashtra Branch Head Salaries

Bank of Maharashtra Branch Head salary in India ranges between ₹12.3 Lakhs to ₹20.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 8 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.