Bank of Maharashtra Collection Officer Salaries by Employees

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₹7.2 Lakhs - ₹9.2 Lakhs

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Last Updated: 7 Mar 2023

Companies similar to Bank of Maharashtra for Collection Officer

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Collection Officer Salary 0 - 8 years exp. (243 salaries)	₹1.3 L/yr - ₹4.2 L/yr 64% less
Jana Small Finance Bank Collection Officer Salary 1 - 6 years exp. (214 salaries)	₹1.3 L/yr - ₹4 L/yr 71% less
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AU Small Finance Bank Collection Officer Salary 1 - 8 years exp. (141 salaries)	₹1.1 L/yr - ₹4 L/yr 69% less
IDFC FIRST Bank Collection Officer Salary 1 - 9 years exp. (97 salaries)	₹1.8 L/yr - ₹4 L/yr 66% less
IndusInd Bank Collection Officer Salary 0 - 10 years exp. (96 salaries)	₹1.4 L/yr - ₹4 L/yr 67% less
Equitas Small Finance Bank Collection Officer Salary 3 - 8 years exp. (38 salaries)	₹1.4 L/yr - ₹3.5 L/yr 69% less
Standard Chartered Collection Officer Salary 2 - 7 years exp. (12 salaries)	₹2.6 L/yr - ₹4.2 L/yr 63% less
Barclays Collection Officer Salary 5 - 8 years exp. (3 salaries)	₹5.4 L/yr - ₹6.9 L/yr 27% less
Bank of Baroda Collection Officer Salary 2 - 5 years exp. (3 salaries)	₹2.5 L/yr - ₹3.6 L/yr 63% less

Collection Officer salary at Bank of Maharashtra ranges between ₹7.2 Lakhs to ₹9.2 Lakhs per year for employees with 3 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Bank of Maharashtra.

Similar Designation salaries in 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

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

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

Manager in Gujarat

BFSI, Investments & Trading Department

2.0

• posted on 02 Feb 2022

4.0

for Salary and Benefits

Likes

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

Salary - Good

+2 more

Dislikes

...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

+3 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

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I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.

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Bank of Maharashtra Collection Officer Salary FAQs

How the salary growth look like for a Collection Officer at Bank of Maharashtra in India?

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

Experience	Average Salary Range
3 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Bank of Maharashtra Collection Officer Salaries

Bank of Maharashtra Collection Officer salary in India ranges between ₹7.2 Lakhs to ₹9.2 Lakhs. This is an estimate based on latest salaries received from employees of Bank of Maharashtra.

Bank of Maharashtra Collection Officer salaries in India

Companies similar to Bank of Maharashtra for Collection Officer

Similar Designation salaries in Bank of Maharashtra

Salary related reviews for Bank of Maharashtra

Branch Manager in Pune

Manager in Patna

Assistant Manager in Pune

Manager in Gujarat

Operations Manager in Pune

Bank of Maharashtra Collection Officer Salary FAQs

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