Bank of Maharashtra Branch Manager 2 Salaries by 4 Employees (Updated 2024)

9 - 10 years exp.

₹10 Lakhs - ₹17.6 Lakhs

Low Confidence

Salary of majority employees

47% more than the average Branch Manager 2 Salary in Banking Companies for 9 - 10 years of experience

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Last Updated: 27 Sep 2023

Companies similar to Bank of Maharashtra for Branch Manager 2

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Branch Manager 2 Salary 9 - 18 years exp. (26 salaries)	₹8.5 L/yr - ₹17.1 L/yr 10% less
Axis Bank Branch Manager 2 Salary 12 - 17 years exp. (4 salaries)	₹10.5 L/yr - ₹14 L/yr 4% less
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Equitas Small Finance Bank Branch Manager 2 Salary 15 - 17 years exp. (5 salaries)	₹8.3 L/yr - ₹9.5 L/yr 35% less
Muthoot Fincorp Branch Manager 2 Salary 6 - 11 years exp. (6 salaries)	₹3.5 L/yr - ₹6 L/yr 63% less
Utkarsh Small Finance Bank Branch Manager 2 Salary 8 - 11 years exp. (5 salaries)	₹4.3 L/yr - ₹9.4 L/yr 52% less

Branch Manager 2 salary at Bank of Maharashtra ranges between ₹10 Lakhs to ₹17.6 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Branch Manager 2 salaries

Last Updated: 27 Sep 2023

Experience	Avg Annual Salary
9 years (3 salaries)	₹10 L/yr - ₹14 L/yr
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10 years (AmbitionBox Estimate)	₹15.8 L/yr - ₹20.2 L/yr

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Salary related reviews for Bank of Maharashtra

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.

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.

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.

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.

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.

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.

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.

Dislikes

Heavy work load, risk involved in credit , incessant targets bombarded every day ,no work life balance

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bank of Maharashtra Branch Manager 2 Salary FAQs

What is the salary of Branch Manager 2 at Bank of Maharashtra?

Branch Manager 2 salary at Bank of Maharashtra in India ranges between ₹10.0 Lakhs to ₹17.6 Lakhs for experience between 9 years to 10 years. According to our estimates it is 47% more than the average Branch Manager 2 Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra India.

How does the salary of a Branch Manager 2 at Bank of Maharashtra India compare with the average salary range for this job?

The average salary of a Branch Manager 2 at Bank of Maharashtra is 47% more than the average salary of a Branch Manager 2 in India. To know exact salary insights, login to view.

What is the salary of a Branch Manager 2 in companies similar to Bank of Maharashtra in India?

Axis Bank Branch Manager 2 Salary - ₹10.5 Lakhs to ₹14.0 Lakhs per year
ICICI Bank Branch Manager 2 Salary - ₹8.5 Lakhs to ₹17.1 Lakhs per year
Equitas Small Finance Bank Branch Manager 2 Salary - ₹8.3 Lakhs to ₹9.5 Lakhs per year
Utkarsh Small Finance Bank Branch Manager 2 Salary - ₹4.3 Lakhs to ₹9.4 Lakhs per year
Muthoot Fincorp Branch Manager 2 Salary - ₹3.5 Lakhs to ₹6.0 Lakhs per year

What is the estimated take home salary of a Branch Manager 2 at Bank of Maharashtra in India?

The estimated take-home salary of a Branch Manager 2 at Bank of Maharashtra ranges between ₹93,441 per month to ₹95,950 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Branch Manager 2 salary in India which ranges between ₹10.0 Lakhs to ₹17.6 Lakhs per year for employees with experience between 9 years to 10 years. Check how did we calculate take home salary?

What is the notice period for Branch Manager 2 at Bank of Maharashtra?

According to AmbitionBox, 100% of the Bank of Maharashtra Branch Manager 2s reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Branch Manager 2 Salaries

Bank of Maharashtra Branch Manager 2 salary in India ranges between ₹10 Lakhs to ₹17.6 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.