Bank of Maharashtra Nashik Branch Manager Salaries by 3 Employees (Updated 2025)

8 - 10 years exp.

₹9 Lakhs - ₹20 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

104% more than the average Branch Manager Salary in Banking Companies for 8 - 10 years of experience

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Salaries in different departments

BFSI, Investments & Trading Branch Manager Salary 10 years exp. (AmbitionBox Estimate)	₹14.8 L/yr - ₹20 L/yr
Customer Success, Service & Operations Branch Manager Salary 9 years exp. (AmbitionBox Estimate)	₹14.8 L/yr - ₹17 L/yr
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Finance & Accounting Branch Manager Salary 8 years exp. (AmbitionBox Estimate)	₹9 L/yr - ₹18.4 L/yr

Last Updated: 25 Jan 2025

Companies similar to Bank of Maharashtra for Branch Manager in Nashik

Bank of Maharashtra Branch Manager Salary

8 - 10 years exp. (3 salaries)

₹9 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Yes Bank Branch Manager Salary 8 - 18 years exp. (20 salaries)	₹5.4 L/yr - ₹16 L/yr 22% less	6 job openings
IDFC FIRST Bharat Branch Manager Salary 4 - 11 years exp. (12 salaries)	₹3.5 L/yr - ₹10.2 L/yr 67% less
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Capri Global Capital Branch Manager Salary 5 - 12 years exp. (8 salaries)	₹3.4 L/yr - ₹5.4 L/yr 68% less	2 job openings
MAS Financial Services Branch Manager Salary 4 - 14 years exp. (8 salaries)	₹3.5 L/yr - ₹7 L/yr 62% less
India Shelter Finance Corporation Branch Manager Salary 4 - 10 years exp. (6 salaries)	₹4.8 L/yr - ₹7 L/yr 64% less

Branch Manager salary at Bank of Maharashtra ranges between ₹9 Lakhs to ₹20 Lakhs per year for employees with experience between 8 years to 10 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Branch Manager salaries in Nashik

Last Updated: 25 Jan 2025

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹14.7 L/yr - ₹18.7 L/yr
9 years (AmbitionBox Estimate)	₹15.1 L/yr - ₹19.3 L/yr
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10 years (AmbitionBox Estimate)	₹15.6 L/yr - ₹19.9 L/yr

Similar Designation salaries in Bank of Maharashtra

Senior Manager Credit Salary

(4 salaries)

₹13 L/yr - ₹19 L/yr

Salary related reviews for Bank of Maharashtra

3.0

Rated by 2 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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My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of Maharashtra Branch Manager Salary FAQs

How the salary growth look like for a Branch Manager at Bank of Maharashtra in Nashik?

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

Experience	Average Salary Range
8 years	₹14.7 Lakhs to ₹18.7 Lakhs per year
9 years	₹15.1 Lakhs to ₹19.3 Lakhs per year
10 years	₹15.6 Lakhs to ₹19.9 Lakhs per year

and so on.

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Bank of Maharashtra Branch Manager Salaries in Nashik

Bank of Maharashtra Branch Manager salary in Nashik ranges between ₹9 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.