Bank of Maharashtra Business Development Officer Salaries by 2 Employees (Updated 2025)

3 - 11 years exp.

₹10.8 Lakhs - ₹13.8 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 7 Oct 2023

Companies similar to Bank of Maharashtra for Business Development Officer

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Business Development Officer Salary 0 - 5 years exp. (291 salaries)	₹1.2 L/yr - ₹3.8 L/yr 81% less
HDFC Bank Business Development Officer Salary 0 - 6 years exp. (184 salaries)	₹1.2 L/yr - ₹3.9 L/yr 80% less
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Axis Bank Business Development Officer Salary 0 - 5 years exp. (60 salaries)	₹1.7 L/yr - ₹3.2 L/yr 80% less
Kotak Mahindra Bank Business Development Officer Salary 1 - 7 years exp. (32 salaries)	₹1.8 L/yr - ₹4 L/yr 77% less
Bank of Baroda Business Development Officer Salary 1 - 4 years exp. (4 salaries)	₹2 L/yr - ₹3.2 L/yr 77% less
IndusInd Bank Business Development Officer Salary 0 - 3 years exp. (6 salaries)	₹1.8 L/yr - ₹3 L/yr 79% less
Yes Bank Business Development Officer Salary 0 - 5 years exp. (5 salaries)	₹0.6 L/yr - ₹2.4 L/yr 89% less
Equitas Small Finance Bank Business Development Officer Salary 0 - 6 years exp. (416 salaries)	₹1.6 L/yr - ₹4.6 L/yr 75% less	6 job openings
IDFC FIRST Bank Business Development Officer Salary 0 - 6 years exp. (147 salaries)	₹1.1 L/yr - ₹4 L/yr 82% less
IDBI Bank Business Development Officer Salary 0 - 8 years exp. (43 salaries)	₹1.2 L/yr - ₹3.6 L/yr 79% less
Standard Chartered Business Development Officer Salary 1 - 11 years exp. (13 salaries)	₹2.4 L/yr - ₹5 L/yr 70% less
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Jana Small Finance Bank Business Development Officer Salary 0 - 4 years exp. (8 salaries)	₹1.8 L/yr - ₹4.6 L/yr 77% less
Ujjivan Small Finance Bank Business Development Officer Salary 0 - 8 years exp. (4 salaries)	₹2.9 L/yr - ₹5 L/yr 66% less
AU Small Finance Bank Business Development Officer Salary 2 - 11 years exp. (4 salaries)	₹1.8 L/yr - ₹5.4 L/yr 66% less
DBS Bank Business Development Officer Salary 0 - 3 years exp. (4 salaries)	₹2.5 L/yr - ₹4.3 L/yr 75% less

Business Development Officer salary at Bank of Maharashtra ranges between ₹10.8 Lakhs to ₹13.8 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 2 latest salaries received from various employees of Bank of Maharashtra.

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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

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Salary credited on time nothing else

Salary - Good

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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.

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Manager in Patna

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• posted on 20 Aug 2021

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They have a very good policy and one should spend some time to understand the policies.

Job security - Good

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...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

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Assistant Manager in Pune

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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

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

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Manager in Gujarat

BFSI, Investments & Trading Department

2.0

• posted on 02 Feb 2022

4.0

for Salary and Benefits

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Job Security, PSU Bank, Allowance are good as compared to industry, Career growth opportunities are there. Technology is good

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...ot believe in training. You should be a self learner Pathetic Work life balance. They will call on Saturday and sunday without compensation. Quality of the proposal is not good.

Skill development - Bad

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Operations Manager in Pune

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1.0

• posted on 09 Dec 2021

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for Salary and Benefits

Likes

Nothing Except the Means as providing salary but in vain. Job is secure but Life is not.

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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

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2w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of Maharashtra Business Development Officer Salary FAQs

What is the notice period for Business Development Officer at Bank of Maharashtra?

According to AmbitionBox, 100% of the Bank of Maharashtra Business Development Officers reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of Maharashtra Business Development Officer Salaries

Bank of Maharashtra Business Development Officer salary in India ranges between ₹10.8 Lakhs to ₹13.8 Lakhs. This is an estimate based on latest salaries received from employees of Bank of Maharashtra.