Bank of Maharashtra Credit Officer Salaries by 10+ Employees (Updated 2025)

3 - 11 years exp.

₹8 Lakhs - ₹20 Lakhs

Salary of majority employees

272% more than the average Credit Officer Salary in Banking Companies for 3 - 11 years of experience

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Salaries in different departments

Finance & Accounting Credit Officer Salary 3 - 11 years exp. (6 salaries)	₹8 L/yr - ₹20 L/yr
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BFSI, Investments & Trading Credit Officer Salary 7 - 10 years exp. (4 salaries)	₹12 L/yr - ₹17 L/yr

Last Updated: 16 May 2024

Companies similar to Bank of Maharashtra for Credit Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Officer Salary 2 - 10 years exp. (38 salaries)	₹6 L/yr - ₹17 L/yr 10% less
ICICI Bank Credit Officer Salary 1 - 8 years exp. (96 salaries)	₹1.2 L/yr - ₹4.7 L/yr 80% less
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HDFC Bank Credit Officer Salary 1 - 8 years exp. (334 salaries)	₹1.3 L/yr - ₹4 L/yr 81% less
Axis Bank Credit Officer Salary 0 - 6 years exp. (179 salaries)	₹1.2 L/yr - ₹6.4 L/yr 72% less
Punjab National Bank Credit Officer Salary 1 - 4 years exp. (4 salaries)	₹5.3 L/yr - ₹12 L/yr 20% less
Kotak Mahindra Bank Credit Officer Salary 0 - 6 years exp. (104 salaries)	₹1.5 L/yr - ₹4.7 L/yr 80% less
Yes Bank Credit Officer Salary 2 - 10 years exp. (51 salaries)	₹1.9 L/yr - ₹4 L/yr 79% less
IDBI Bank Credit Officer Salary 0 - 14 years exp. (20 salaries)	₹7 L/yr - ₹20 L/yr 7% more
Canara Bank Credit Officer Salary 7 - 12 years exp. (16 salaries)	₹8 L/yr - ₹19.5 L/yr At par
Union Bank of India Credit Officer Salary 2 - 13 years exp. (18 salaries)	₹6.5 L/yr - ₹19.5 L/yr 7% less
Ujjivan Small Finance Bank Credit Officer Salary 1 - 8 years exp. (356 salaries)	₹1.9 L/yr - ₹6 L/yr 68% less
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AU Small Finance Bank Credit Officer Salary 0 - 6 years exp. (235 salaries)	₹1.3 L/yr - ₹4 L/yr 79% less
Equitas Small Finance Bank Credit Officer Salary 0 - 9 years exp. (271 salaries)	₹1.6 L/yr - ₹4.4 L/yr 77% less	1 job opening
Bank of Baroda Credit Officer Salary 4 - 12 years exp. (139 salaries)	₹6 L/yr - ₹24 L/yr 3% more
IndusInd Bank Credit Officer Salary 1 - 9 years exp. (128 salaries)	₹1.2 L/yr - ₹4.2 L/yr 79% less
Bank of India Credit Officer Salary 2 - 7 years exp. (62 salaries)	₹4.8 L/yr - ₹14 L/yr 24% less
Jana Small Finance Bank Credit Officer Salary 1 - 7 years exp. (47 salaries)	₹1.3 L/yr - ₹3.5 L/yr 80% less
IDFC FIRST Bank Credit Officer Salary 0 - 6 years exp. (39 salaries)	₹2.1 L/yr - ₹4.9 L/yr 78% less
Federal Bank Credit Officer Salary 0 - 6 years exp. (22 salaries)	₹5.2 L/yr - ₹16 L/yr 19% less
NatWest Group Credit Officer Salary 0 - 10 years exp. (22 salaries)	₹7.8 L/yr - ₹20.8 L/yr 17% more

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Credit Officer salary at Bank of Maharashtra ranges between ₹8 Lakhs to ₹20 Lakhs per year for employees with experience between 3 years to 11 years. Salary estimates are based on 11 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Credit Officer salaries

Last Updated: 16 May 2024

Experience	Avg Annual Salary
3 years (AmbitionBox Estimate)	₹9 L/yr - ₹21.1 L/yr
4 years (AmbitionBox Estimate)	₹8 L/yr - ₹21.9 L/yr
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5 years (AmbitionBox Estimate)	₹10 L/yr - ₹22.8 L/yr
6 years (AmbitionBox Estimate)	₹11.8 L/yr - ₹15.1 L/yr
7 years (AmbitionBox Estimate)	₹13 L/yr - ₹24.5 L/yr
8 years (AmbitionBox Estimate)	₹12 L/yr - ₹25.3 L/yr
9 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹16 L/yr
10 years (3 salaries)	₹6 L/yr - ₹18 L/yr
11 years (AmbitionBox Estimate)	₹6.2 L/yr - ₹20 L/yr

View all

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Senior Credit Officer Salary

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Salary related reviews for Bank of Maharashtra

4.5

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

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of Maharashtra Credit Officer Salary FAQs

What is the salary of Credit Officer at Bank of Maharashtra?

Credit Officer salary at Bank of Maharashtra in India ranges between ₹8.0 Lakhs to ₹20.0 Lakhs for experience between 3 years to 11 years. According to our estimates it is 272% more than the average Credit Officer Salary in India. Salary estimates are based on 11 latest salaries received from various employees of Bank of Maharashtra India.

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

The average salary of a Credit Officer at Bank of Maharashtra is 272% more than the average salary of a Credit Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Credit Officer in India?

Central Bank of India Credit Officer Salary - ₹12.4 Lakhs to ₹21.5 Lakhs per year
NatWest Group Credit Officer Salary - ₹7.8 Lakhs to ₹20.8 Lakhs per year
Indian Overseas Bank Credit Officer Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
UCO Bank Credit Officer Salary - ₹13.2 Lakhs to ₹18.0 Lakhs per year
IDBI Bank Credit Officer Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year

What is the salary of a Credit Officer in companies similar to Bank of Maharashtra in India?

Bank of Baroda Credit Officer Salary - ₹6.0 Lakhs to ₹24.0 Lakhs per year
Canara Bank Credit Officer Salary - ₹8.0 Lakhs to ₹19.5 Lakhs per year
Union Bank of India Credit Officer Salary - ₹6.5 Lakhs to ₹19.5 Lakhs per year
State Bank of India Credit Officer Salary - ₹6.0 Lakhs to ₹17.0 Lakhs per year
Indian Bank Credit Officer Salary - ₹9.0 Lakhs to ₹12.5 Lakhs per year

What is the estimated take home salary of a Credit Officer at Bank of Maharashtra in India?

The estimated take-home salary of a Credit Officer at Bank of Maharashtra ranges between ₹93,938 per month to ₹96,464 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Credit Officer salary in India which ranges between ₹8.0 Lakhs to ₹20.0 Lakhs per year for employees with experience between 3 years to 11 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bank of Maharashtra Credit Officers reported a notice period of 3 Months.This is based on 5 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Credit Officer Salaries

Bank of Maharashtra Credit Officer salary in India ranges between ₹8 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.