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Bank of Maharashtra Branch Manager salaries in India (Updated 2025)

Annual salary range
5 - 12 years exp.
₹8 Lakhs - ₹22 Lakhs
Salary of majority employees
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68% 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)
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₹9 L/yr - ₹22 L/yr

Finance & Accounting
Branch Manager Salary
5 - 11 years exp. (9 salaries)
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₹9 L/yr - ₹22 L/yr

Customer Success, Service & Operations
Branch Manager Salary
7 - 10 years exp. (5 salaries)
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₹11 L/yr - ₹20 L/yr

Last Updated: 11 Feb 2025

Companies similar to Bank of Maharashtra for Branch Manager

Company name Avg Annual Salary Open Jobs
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State Bank of India Branch Manager Salary

5 - 16 years exp. (289 salaries)

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₹8 L/yr - ₹33.4 L/yr

arrow icon 27% more
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ICICI Bank Branch Manager Salary

5 - 21 years exp. (2.3k salaries)

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₹5.4 L/yr - ₹23 L/yr

arrow icon 14% less
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HDFC Bank Branch Manager Salary

5 - 23 years exp. (1.6k salaries)

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₹6.5 L/yr - ₹23 L/yr

arrow icon 4% less
5 job openings
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Axis Bank Branch Manager Salary

8 - 22 years exp. (323 salaries)

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₹6.2 L/yr - ₹23 L/yr

arrow icon 2% less
2 job openings
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Punjab National Bank Branch Manager Salary

3 - 14 years exp. (46 salaries)

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₹5.8 L/yr - ₹20 L/yr

arrow icon 19% less
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Kotak Mahindra Bank Branch Manager Salary

7 - 20 years exp. (1k salaries)

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₹7 L/yr - ₹25.6 L/yr

arrow icon 4% more
1 job opening
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Yes Bank Branch Manager Salary

7 - 19 years exp. (649 salaries)

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₹6 L/yr - ₹22.9 L/yr

arrow icon 6% less
3 job openings
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IDBI Bank Branch Manager Salary

9 - 18 years exp. (60 salaries)

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₹10 L/yr - ₹32 L/yr

arrow icon 28% more
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Canara Bank Branch Manager Salary

7 - 15 years exp. (123 salaries)

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₹6 L/yr - ₹21 L/yr

arrow icon 7% less
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Bank of Baroda Branch Manager Salary

6 - 15 years exp. (131 salaries)

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₹7 L/yr - ₹25 L/yr

arrow icon 11% more
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IndusInd Bank Branch Manager Salary

6 - 22 years exp. (1.1k salaries)

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₹6.1 L/yr - ₹24.9 L/yr

arrow icon 5% less
17 job openings
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IDFC FIRST Bank Branch Manager Salary

6 - 20 years exp. (630 salaries)

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₹6.3 L/yr - ₹26 L/yr

arrow icon 1% less
6 job openings
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AU Small Finance Bank Branch Manager Salary

3 - 18 years exp. (436 salaries)

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₹5.2 L/yr - ₹17.5 L/yr

arrow icon 29% less
4 job openings
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Ujjivan Small Finance Bank Branch Manager Salary

7 - 17 years exp. (315 salaries)

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₹4.4 L/yr - ₹14.5 L/yr

arrow icon 39% less
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Equitas Small Finance Bank Branch Manager Salary

5 - 15 years exp. (167 salaries)

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₹2.9 L/yr - ₹10.5 L/yr

arrow icon 50% less
1 job opening
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Jana Small Finance Bank Branch Manager Salary

5 - 16 years exp. (193 salaries)

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₹4.1 L/yr - ₹14 L/yr

arrow icon 45% less
2 job openings
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DBS Bank Branch Manager Salary

7 - 18 years exp. (177 salaries)

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₹6 L/yr - ₹21 L/yr

arrow icon 16% less
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Indian Bank Branch Manager Salary

6 - 12 years exp. (84 salaries)

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₹6 L/yr - ₹21.8 L/yr

arrow icon 14% less
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Bank of India Branch Manager Salary

3 - 12 years exp. (78 salaries)

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₹6.5 L/yr - ₹22 L/yr

arrow icon 19% less
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Standard Chartered Branch Manager Salary

11 - 17 years exp. (48 salaries)

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₹12.3 L/yr - ₹45.6 L/yr

arrow icon 74% 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 77 latest salaries received from various employees of Bank of Maharashtra.

Latest annual salaries shared by Bank of Maharashtra Branch Manager

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11 years exp.
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8 years exp.
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7 years exp.
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9 years exp.
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7 years exp.

Experience wise Bank of Maharashtra Branch Manager salaries

Last Updated: 11 Feb 2025

Experience Avg Annual Salary
5 years  (14 salaries)

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₹8 L/yr - ₹15 L/yr
6 years  (7 salaries)

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₹9 L/yr - ₹16 L/yr
7 years  (17 salaries)

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₹8 L/yr - ₹20 L/yr
8 years  (12 salaries)

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₹9 L/yr - ₹20 L/yr
9 years  (8 salaries)

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₹15 L/yr - ₹20 L/yr
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Similar Designation salaries in Bank of Maharashtra

Credit Manager Salary
(30 salaries)
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₹10 L/yr - ₹20 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
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₹1 L/yr - ₹1.3 L/yr
Branch Head Salary
(8 salaries)
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₹12.25 L/yr - ₹20.5 L/yr
Deputy Manager Salary
(78 salaries)
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₹5 L/yr - ₹12 L/yr
Chief Manager Salary
(60 salaries)
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₹14 L/yr - ₹40 L/yr
Senior Branch Manager Salary
(AmbitionBox Estimate)
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₹9.7 L/yr - ₹12.4 L/yr
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₹6.5 L/yr - ₹10 L/yr
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₹10 L/yr - ₹20 L/yr
Area Sales Manager Salary
(AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr

Salary related reviews for Bank of Maharashtra

3.4

Rated by 25 employees for salary & benefits

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

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.

read more
  • 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.

read more
  • Skill development - Poor
  • +3 more

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.

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

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.

read more
  • 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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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 68% more than the average Branch Manager Salary in India. Salary estimates are based on 77 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 68% 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 ₹45.6 Lakhs per year
  • IDBI Bank Branch Manager Salary - ₹10.0 Lakhs to ₹32.0 Lakhs per year
  • State Bank of India Branch Manager Salary - ₹8.0 Lakhs to ₹33.4 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
  • Indian Overseas Bank Branch Manager Salary - ₹8.0 Lakhs to ₹20.0 Lakhs per year
  • IDFC FIRST Bank Branch Manager Salary - ₹6.3 Lakhs to ₹26.0 Lakhs per year
  • Axis Bank Branch Manager Salary - ₹6.2 Lakhs to ₹23.0 Lakhs per year
  • HDFC Bank Branch Manager Salary - ₹6.5 Lakhs to ₹23.0 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 ₹1,05,998 per month to ₹1,08,913 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 68 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of Maharashtra Branch Manager salary in India ranges between ₹8 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 77 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.