Bank of Maharashtra Branch Manager Salaries by 70+ Employees (Updated 2025)

5 - 12 years exp.

₹8 Lakhs - ₹22 Lakhs

Salary of majority employees

67% more than the average Branch Manager Salary in Banking Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 5 - 12 years exp. (41 salaries)	₹9 L/yr - ₹22 L/yr
Finance & Accounting Branch Manager Salary 5 - 11 years exp. (8 salaries)	₹9 L/yr - ₹22 L/yr
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Customer Success, Service & Operations Branch Manager Salary 7 - 10 years exp. (5 salaries)	₹11 L/yr - ₹20 L/yr

Last Updated: 31 Jan 2025

Companies similar to Bank of Maharashtra for Branch Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Branch Manager Salary 5 - 16 years exp. (319 salaries)	₹7.8 L/yr - ₹30 L/yr 20% more
ICICI Bank Branch Manager Salary 5 - 21 years exp. (2.3k salaries)	₹6 L/yr - ₹23 L/yr 14% less
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HDFC Bank Branch Manager Salary 5 - 23 years exp. (2.5k salaries)	₹6.5 L/yr - ₹23 L/yr 5% less	6 job openings
Axis Bank Branch Manager Salary 8 - 22 years exp. (327 salaries)	₹6.2 L/yr - ₹23 L/yr 1% less
Punjab National Bank Branch Manager Salary 3 - 21 years exp. (49 salaries)	₹5 L/yr - ₹17 L/yr 25% less
Kotak Mahindra Bank Branch Manager Salary 7 - 20 years exp. (1k salaries)	₹7 L/yr - ₹25.6 L/yr 4% more
Yes Bank Branch Manager Salary 7 - 19 years exp. (478 salaries)	₹5.9 L/yr - ₹22 L/yr 4% less	4 job openings
IDBI Bank Branch Manager Salary 9 - 16 years exp. (57 salaries)	₹10 L/yr - ₹30 L/yr 23% more
Canara Bank Branch Manager Salary 6 - 15 years exp. (141 salaries)	₹6 L/yr - ₹21 L/yr 9% less
Bank of Baroda Branch Manager Salary 6 - 15 years exp. (135 salaries)	₹7 L/yr - ₹25 L/yr 12% more
IndusInd Bank Branch Manager Salary 6 - 22 years exp. (999 salaries)	₹6 L/yr - ₹25 L/yr 5% less	41 job openings
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IDFC FIRST Bank Branch Manager Salary 6 - 20 years exp. (624 salaries)	₹7 L/yr - ₹26 L/yr At par	6 job openings
AU Small Finance Bank Branch Manager Salary 3 - 18 years exp. (411 salaries)	₹5.4 L/yr - ₹18 L/yr 27% less	2 job openings
Ujjivan Small Finance Bank Branch Manager Salary 7 - 16 years exp. (314 salaries)	₹4.4 L/yr - ₹14.5 L/yr 41% less
Jana Small Finance Bank Branch Manager Salary 5 - 16 years exp. (281 salaries)	₹4.1 L/yr - ₹14 L/yr 46% less	2 job openings
Equitas Small Finance Bank Branch Manager Salary 5 - 16 years exp. (257 salaries)	₹3.6 L/yr - ₹14.3 L/yr 45% less
DBS Bank Branch Manager Salary 7 - 18 years exp. (178 salaries)	₹5.9 L/yr - ₹22 L/yr 18% less
Indian Bank Branch Manager Salary 6 - 12 years exp. (80 salaries)	₹6 L/yr - ₹20.9 L/yr 19% less
Bank of India Branch Manager Salary 5 - 12 years exp. (76 salaries)	₹6.5 L/yr - ₹22 L/yr 13% less
Standard Chartered Branch Manager Salary 11 - 17 years exp. (45 salaries)	₹12.3 L/yr - ₹41.3 L/yr 66% more

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Branch Manager salary at Bank of Maharashtra ranges between ₹8 Lakhs to ₹22 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 76 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Branch Manager salaries

Last Updated: 31 Jan 2025

Experience	Avg Annual Salary
5 years (13 salaries)	₹8 L/yr - ₹15 L/yr
6 years (7 salaries)	₹9 L/yr - ₹16 L/yr
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7 years (17 salaries)	₹8 L/yr - ₹20 L/yr
8 years (12 salaries)	₹9 L/yr - ₹20 L/yr
9 years (8 salaries)	₹15 L/yr - ₹20 L/yr
10 years (8 salaries)	₹11 L/yr - ₹20 L/yr
11 years (4 salaries)	₹14 L/yr - ₹22 L/yr
12 years (7 salaries)	₹15 L/yr - ₹22 L/yr

View all

Similar Designation salaries in Bank of Maharashtra

Credit Manager Salary

(30 salaries)

₹10 L/yr - ₹20 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Branch Head Salary

(8 salaries)

₹12.25 L/yr - ₹20.5 L/yr

Deputy Manager Salary

(82 salaries)

₹5 L/yr - ₹13 L/yr

Chief Manager Salary

(58 salaries)

₹14 L/yr - ₹40 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Deputy Branch Manager Salary

(4 salaries)

₹6.5 L/yr - ₹10 L/yr

Operations Manager Salary

(3 salaries)

₹10 L/yr - ₹20 L/yr

Area Sales Manager Salary

(AmbitionBox Estimate)

₹4.1 L/yr - ₹5.2 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Salary related reviews for Bank of Maharashtra

3.4

Rated by 25 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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of Maharashtra Branch Manager Salary FAQs

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

Branch Manager salary at Bank of Maharashtra in India ranges between ₹8.0 Lakhs to ₹22.0 Lakhs for experience between 5 years to 12 years. According to our estimates it is 67% more than the average Branch Manager Salary in India. Salary estimates are based on 76 latest salaries received from various employees of Bank of Maharashtra India.

How does the salary of a Branch Manager at Bank of Maharashtra India compare with the average salary range for this job?

The average salary of a Branch Manager at Bank of Maharashtra is 67% more than the average salary of a Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Branch Manager in India?

Standard Chartered Branch Manager Salary - ₹12.3 Lakhs to ₹41.3 Lakhs per year
IDBI Bank Branch Manager Salary - ₹10.0 Lakhs to ₹30.0 Lakhs per year
State Bank of India Branch Manager Salary - ₹7.8 Lakhs to ₹30.0 Lakhs per year
Bank of Baroda Branch Manager Salary - ₹7.0 Lakhs to ₹25.0 Lakhs per year
Kotak Mahindra Bank Branch Manager Salary - ₹7.0 Lakhs to ₹25.6 Lakhs per year

What is the salary of a Branch Manager in companies similar to Bank of Maharashtra in India?

Deutsche Bank Branch Manager Salary - ₹12.5 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank Branch Manager Salary - ₹7.0 Lakhs to ₹26.0 Lakhs per year
Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
Yes Bank Branch Manager Salary - ₹5.9 Lakhs to ₹22.0 Lakhs per year
IndusInd Bank Branch Manager Salary - ₹6.0 Lakhs to ₹25.0 Lakhs per year

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

The estimated take-home salary of a Branch Manager at Bank of Maharashtra ranges between ₹1,05,635 per month to ₹1,08,539 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Branch Manager salary in India which ranges between ₹8.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 5 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager at Bank of Maharashtra?

According to AmbitionBox, 68% of the Bank of Maharashtra Branch Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 69 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Branch Manager Salaries

Bank of Maharashtra Branch Manager salary in India ranges between ₹8 Lakhs to ₹22 Lakhs with an average annual salary of ₹. Salary estimates are based on 76 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

Bank of Maharashtra Branch Manager salaries in India

Companies similar to Bank of Maharashtra for Branch Manager

Latest annual salaries shared by Bank of Maharashtra Branch Manager

Experience wise Bank of Maharashtra Branch Manager salaries

Similar Designation salaries in Bank of Maharashtra

Salary related reviews for Bank of Maharashtra

Branch Manager in Pune

Operations Manager in Pune

Senior Branch Manager in Mumbai

Manager in Patna

Assistant Manager in Pune

Bank of Maharashtra Branch Manager Salary FAQs

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Bank of Maharashtra Branch Manager Salaries by Location