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Bank of Maharashtra Credit Manager salaries in Finance & Accounting in India

Annual salary range
5 - 8 years exp.
₹9 Lakhs - ₹20 Lakhs
Salary of majority employees
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100% more than the average Credit Manager Salary in Banking Companies for 5 - 8 years of experience

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Last Updated: 12 Nov 2024

Companies similar to Bank of Maharashtra for Credit Manager in Finance & Accounting department

Company name Avg Annual Salary Open Jobs
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ICICI Bank Credit Manager Salary

0 - 11 years exp. (1.3k salaries)

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₹4.7 L/yr - ₹14.5 L/yr

arrow icon 34% less
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HDFC Bank Credit Manager Salary

0 - 12 years exp. (825 salaries)

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₹3.5 L/yr - ₹14 L/yr

arrow icon 45% less
4 job openings
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Axis Bank Credit Manager Salary

0 - 12 years exp. (236 salaries)

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₹4.1 L/yr - ₹15 L/yr

arrow icon 42% less
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Punjab National Bank Credit Manager Salary

4 - 9 years exp. (17 salaries)

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₹10 L/yr - ₹23 L/yr

arrow icon 16% more
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Kotak Mahindra Bank Credit Manager Salary

0 - 11 years exp. (376 salaries)

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₹3.8 L/yr - ₹13.2 L/yr

arrow icon 42% less
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Bank of Baroda Credit Manager Salary

3 - 13 years exp. (39 salaries)

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₹7.6 L/yr - ₹22 L/yr

arrow icon 8% more
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Canara Bank Credit Manager Salary

6 - 9 years exp. (7 salaries)

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₹14.5 L/yr - ₹20 L/yr

arrow icon 23% more
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IndusInd Bank Credit Manager Salary

2 - 12 years exp. (69 salaries)

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₹3.2 L/yr - ₹13 L/yr

arrow icon 49% less
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Yes Bank Credit Manager Salary

0 - 10 years exp. (151 salaries)

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₹3.5 L/yr - ₹14.8 L/yr

arrow icon 44% less
2 job openings
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IDFC FIRST Bank Credit Manager Salary

0 - 10 years exp. (282 salaries)

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₹3.3 L/yr - ₹13.5 L/yr

arrow icon 50% less
1 job opening
View all
Credit Manager salary at Bank of Maharashtra ranges between ₹9 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 14 latest salaries received from various employees of Bank of Maharashtra.

Latest annual salaries shared by Bank of Maharashtra Credit Manager in Finance & Accounting department

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7 years exp.
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Experience wise Bank of Maharashtra Credit Manager salaries in Finance & Accounting department

Last Updated: 12 Nov 2024

Experience Avg Annual Salary
5 years  (3 salaries)

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₹11.5 L/yr - ₹15.4 L/yr
6 years  (3 salaries)

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₹6 L/yr - ₹16 L/yr
7 years  (6 salaries)

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₹9 L/yr - ₹20 L/yr
8 years (AmbitionBox Estimate)

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₹13 L/yr - ₹19 L/yr
Bank of Maharashtra Credit Manager Salary and Career Growth

From

To

Credit Manager

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5 - 10 years exp.

Chief Manager

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9 - 15 years exp.

Credit Manager 5 - 10 years exp.
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Senior Manager 8 - 14 years exp.
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arrow icon 34% hike
    Chief Manager 9 - 15 years exp.
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    arrow icon 25% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Bank of Maharashtra

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    Area Credit Manager Salary
    (AmbitionBox Estimate)
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    Chief Manager Salary
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    ₹14 L/yr - ₹38 L/yr
    Credit Analyst Salary
    (7 salaries)
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    ₹13 L/yr - ₹19 L/yr
    Sales Manager Salary
    (AmbitionBox Estimate)
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    ₹1 L/yr - ₹1.3 L/yr
    Branch Credit Manager Salary
    (AmbitionBox Estimate)
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    ₹8.9 L/yr - ₹11.4 L/yr
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    ₹8.8 L/yr - ₹12 L/yr
    Sales Officer Salary
    (AmbitionBox Estimate)
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    ₹3.2 L/yr - ₹4 L/yr

    Salary related reviews for Bank of Maharashtra

    2.6

    Rated by 3 employees for salary & benefits

    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.

    read more

    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.

    read more

    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.

    read more

    Dislikes

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

    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

    read 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.

    read more

    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.

    read 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.

    read more
    see more salary related reviews

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    Bank of Maharashtra Credit Manager Salary FAQs

    What is the salary of Credit Manager at Bank of Maharashtra in Finance & Accounting department?
    Credit Manager salary at Bank of Maharashtra in Finance & Accounting department in India ranges between ₹9.0 Lakhs to ₹20.0 Lakhs for experience between 5 years to 8 years. According to our estimates it is 100% more than the average Credit Manager Salary in India. Salary estimates are based on 14 latest salaries received from various employees of Bank of Maharashtra India in Finance & Accounting department.
    How does the salary of a Credit Manager at Bank of Maharashtra India in Finance & Accounting department compare with the average salary range for this job?
    The average salary of a Credit Manager at Bank of Maharashtra in Finance & Accounting department is 100% more than the average salary of a Credit Manager in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Bank of Maharashtra to a Credit Manager in Finance & Accounting department in India?
    • IDBI Bank Credit Manager Salary - ₹12.0 Lakhs to ₹24.0 Lakhs per year
    • Canara Bank Credit Manager Salary - ₹14.5 Lakhs to ₹20.0 Lakhs per year
    • Barclays Credit Manager Salary - ₹11.2 Lakhs to ₹21.0 Lakhs per year
    • Punjab National Bank Credit Manager Salary - ₹10.0 Lakhs to ₹23.0 Lakhs per year
    • Bank of Baroda Credit Manager Salary - ₹7.6 Lakhs to ₹22.0 Lakhs per year
    What is the salary of a Credit Manager in Finance & Accounting department in companies similar to Bank of Maharashtra in India?
    • Federal Bank Credit Manager Salary - ₹10.0 Lakhs to ₹20.0 Lakhs per year
    • Central Bank of India Credit Manager Salary - ₹13.0 Lakhs to ₹17.0 Lakhs per year
    • NatWest Group Credit Manager Salary - ₹11.5 Lakhs to ₹14.5 Lakhs per year
    • DBS Bank Credit Manager Salary - ₹9.0 Lakhs to ₹17.4 Lakhs per year
    • Standard Chartered Credit Manager Salary - ₹8.3 Lakhs to ₹15.5 Lakhs per year
    What is the estimated take home salary of a Credit Manager in Finance & Accounting department at Bank of Maharashtra in India?
    The estimated take-home salary of a Credit Manager in Finance & Accounting department at Bank of Maharashtra ranges between ₹1,06,667 per month to ₹1,09,604 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Credit Manager salary in India which ranges between ₹9.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?
    What is the notice period for Credit Manager in Finance & Accounting department at Bank of Maharashtra?
    According to AmbitionBox, 64% of the Bank of Maharashtra Credit Managers in Finance & Accounting department reported a notice period of 3 Months, 22% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 14 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Bank of Maharashtra Credit Manager salary in Finance & Accounting department in India ranges between ₹9 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 14 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.