Bank of Maharashtra Chief Manager Salaries by 60+ Employees (Updated 2025)

9 - 15 years exp.

₹14 Lakhs - ₹40 Lakhs

Salary of majority employees

19% more than the average Chief Manager Salary in Banking Companies for 9 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Chief Manager Salary 9 - 15 years exp. (26 salaries)	₹15 L/yr - ₹40 L/yr
Finance & Accounting Chief Manager Salary 10 - 14 years exp. (5 salaries)	₹17.5 L/yr - ₹30 L/yr
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Project & Program Management Chief Manager Salary 9 - 14 years exp. (4 salaries)	₹16.5 L/yr - ₹30 L/yr
Risk Management & Compliance Chief Manager Salary 11 - 13 years exp. (3 salaries)	₹25 L/yr - ₹38 L/yr
Strategic & Top Management Chief Manager Salary 13 - 14 years exp. (AmbitionBox Estimate)	₹27 L/yr - ₹31.3 L/yr

Last Updated: 13 Feb 2025

Companies similar to Bank of Maharashtra for Chief Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Chief Manager Salary 11 - 22 years exp. (362 salaries)	₹15 L/yr - ₹50 L/yr 26% more
ICICI Bank Chief Manager Salary 5 - 23 years exp. (2.2k salaries)	₹13 L/yr - ₹39 L/yr 5% less
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HDFC Bank Chief Manager Salary 8 - 15 years exp. (13 salaries)	₹8 L/yr - ₹26 L/yr 30% less
Axis Bank Chief Manager Salary 9 - 15 years exp. (5 salaries)	₹13 L/yr - ₹16.6 L/yr 39% less
Punjab National Bank Chief Manager Salary 10 - 18 years exp. (162 salaries)	₹12.7 L/yr - ₹50.5 L/yr 13% more
Kotak Mahindra Bank Chief Manager Salary 7 - 19 years exp. (883 salaries)	₹8.8 L/yr - ₹28 L/yr 30% less
Yes Bank Chief Manager Salary 3 - 11 years exp. (13 salaries)	₹14 L/yr - ₹35 L/yr 11% less
Canara Bank Chief Manager Salary 10 - 19 years exp. (147 salaries)	₹12 L/yr - ₹45 L/yr 1% more
Union Bank of India Chief Manager Salary 10 - 17 years exp. (154 salaries)	₹12 L/yr - ₹42 L/yr 9% more
IndusInd Bank Chief Manager Salary 3 - 20 years exp. (1.5k salaries)	₹5.9 L/yr - ₹18 L/yr 59% less
IDFC FIRST Bank Chief Manager Salary 5 - 20 years exp. (650 salaries)	₹10.2 L/yr - ₹36 L/yr 18% less
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Bank of Baroda Chief Manager Salary 11 - 18 years exp. (269 salaries)	₹13.9 L/yr - ₹52 L/yr 18% more
Bank of India Chief Manager Salary 10 - 19 years exp. (159 salaries)	₹11.4 L/yr - ₹36.9 L/yr 2% more
Indian Bank Chief Manager Salary 10 - 18 years exp. (77 salaries)	₹12.5 L/yr - ₹40 L/yr 3% less
Central Bank of India Chief Manager Salary 11 - 17 years exp. (52 salaries)	₹12 L/yr - ₹42.4 L/yr 1% less
Ujjivan Small Finance Bank Chief Manager Salary 2 - 17 years exp. (24 salaries)	₹5.9 L/yr - ₹20 L/yr 46% less
Indian Overseas Bank Chief Manager Salary 13 - 17 years exp. (23 salaries)	₹18 L/yr - ₹40 L/yr 3% less
DBS Bank Chief Manager Salary 11 - 23 years exp. (13 salaries)	₹12.5 L/yr - ₹18.5 L/yr 36% less
Equitas Small Finance Bank Chief Manager Salary 10 - 15 years exp. (4 salaries)	₹9 L/yr - ₹11.1 L/yr 61% less
AU Small Finance Bank Chief Manager Salary 12 - 16 years exp. (4 salaries)	₹12 L/yr - ₹25 L/yr 33% less

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Chief Manager salary at Bank of Maharashtra ranges between ₹14 Lakhs to ₹40 Lakhs per year for employees with experience between 9 years to 15 years. Salary estimates are based on 60 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Chief Manager salaries

Last Updated: 13 Feb 2025

Experience	Avg Annual Salary
9 years (7 salaries)	₹15 L/yr - ₹40 L/yr
10 years (9 salaries)	₹15 L/yr - ₹27 L/yr
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11 years (15 salaries)	₹14 L/yr - ₹40 L/yr
12 years (10 salaries)	₹19 L/yr - ₹31 L/yr
13 years (12 salaries)	₹24 L/yr - ₹38 L/yr
14 years (4 salaries)	₹20 L/yr - ₹35 L/yr
15+ years (3 salaries)	₹15 L/yr - ₹54.4 L/yr

View all

Similar Designation salaries in Bank of Maharashtra

Sales Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Credit Manager Salary

(30 salaries)

₹10 L/yr - ₹20 L/yr

Branch Manager Salary

(77 salaries)

₹8 L/yr - ₹22 L/yr

Deputy Manager Salary

(78 salaries)

₹5 L/yr - ₹12 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

Sales Officer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4 L/yr

Accountant Salary

(5 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

Senior Branch Manager Salary

(AmbitionBox Estimate)

₹9.7 L/yr - ₹12.4 L/yr

Salary related reviews for Bank of Maharashtra

3.8

Rated by 19 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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Salary Discussions, Hike & Promotions

1w (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 Chief Manager Salary FAQs

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

Chief Manager salary at Bank of Maharashtra in India ranges between ₹14.0 Lakhs to ₹40.0 Lakhs for experience between 9 years to 15 years. According to our estimates it is 19% more than the average Chief Manager Salary in India. Salary estimates are based on 60 latest salaries received from various employees of Bank of Maharashtra India.

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

The average salary of a Chief Manager at Bank of Maharashtra is 19% more than the average salary of a Chief Manager in India. To know exact salary insights, login to view.

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

State Bank of India Chief Manager Salary - ₹15.0 Lakhs to ₹50.0 Lakhs per year
Bank of Baroda Chief Manager Salary - ₹13.9 Lakhs to ₹52.0 Lakhs per year
Punjab National Bank Chief Manager Salary - ₹12.7 Lakhs to ₹50.5 Lakhs per year
Union Bank of India Chief Manager Salary - ₹12.0 Lakhs to ₹42.0 Lakhs per year
Bank of India Chief Manager Salary - ₹11.4 Lakhs to ₹36.9 Lakhs per year

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

Canara Bank Chief Manager Salary - ₹12.0 Lakhs to ₹45.0 Lakhs per year
Central Bank of India Chief Manager Salary - ₹12.0 Lakhs to ₹42.4 Lakhs per year
Indian Overseas Bank Chief Manager Salary - ₹18.0 Lakhs to ₹40.0 Lakhs per year
Indian Bank Chief Manager Salary - ₹12.5 Lakhs to ₹40.0 Lakhs per year
ICICI Bank Chief Manager Salary - ₹13.0 Lakhs to ₹39.0 Lakhs per year

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

The estimated take-home salary of a Chief Manager at Bank of Maharashtra ranges between ₹1,64,839 per month to ₹1,71,155 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Chief Manager salary in India which ranges between ₹14.0 Lakhs to ₹40.0 Lakhs per year for employees with experience between 9 years to 15 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 79% of the Bank of Maharashtra Chief Managers reported a notice period of 3 Months, 12% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 47 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Chief Manager Salaries

Bank of Maharashtra Chief Manager salary in India ranges between ₹14 Lakhs to ₹40 Lakhs with an average annual salary of ₹. Salary estimates are based on 60 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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

Companies similar to Bank of Maharashtra for Chief Manager

Latest annual salaries shared by Bank of Maharashtra Chief Manager

Experience wise Bank of Maharashtra Chief 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 Chief Manager Salary FAQs

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Bank of Maharashtra Chief Manager Salaries by Location