Bank of Maharashtra Mumbai Credit Officer Salaries by 3 Employees

10 - 11 years exp.

₹14.1 Lakhs - ₹20 Lakhs

Low Confidence

Salary of majority employees

271% more than the average Credit Officer Salary in Banking Companies for 10 - 11 years of experience

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Last Updated: 16 May 2024

Companies similar to Bank of Maharashtra for Credit Officer in Mumbai

Bank of Maharashtra Credit Officer Salary

10 - 11 years exp. (3 salaries)

₹14.1 L/yr - ₹20 L/yr

Company name	Avg Annual Salary	Open Jobs
Ujjivan Small Finance Bank Credit Officer Salary 0 - 8 years exp. (28 salaries)	₹2.9 L/yr - ₹5 L/yr 72% less
IndusInd Bank Credit Officer Salary 1 - 7 years exp. (9 salaries)	₹1.5 L/yr - ₹3.2 L/yr 83% less
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Federal Bank Credit Officer Salary 1 - 3 years exp. (8 salaries)	₹4.7 L/yr - ₹16 L/yr 34% less
Yes Bank Credit Officer Salary 2 - 6 years exp. (6 salaries)	₹2.4 L/yr - ₹3.2 L/yr 83% less
Bank of Baroda Credit Officer Salary 5 - 12 years exp. (5 salaries)	₹8 L/yr - ₹15 L/yr 12% less
Deutsche Bank Credit Officer Salary 2 - 8 years exp. (5 salaries)	₹4.6 L/yr - ₹10.4 L/yr 43% less	3 job openings
Indian Overseas Bank Credit Officer Salary 10 - 12 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 4% more
IDFC FIRST Bank Credit Officer Salary 3 - 5 years exp. (3 salaries)	₹2.2 L/yr - ₹2.8 L/yr 84% less
Bank of India Credit Officer Salary 6 years exp. (3 salaries)	₹9 L/yr - ₹13.5 L/yr 40% less

Credit Officer salary at Bank of Maharashtra ranges between ₹14.1 Lakhs to ₹20 Lakhs per year for employees with experience between 10 years to 11 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Credit Officer salaries in Mumbai

Last Updated: 16 May 2024

Experience	Avg Annual Salary
10 years (AmbitionBox Estimate)	₹16.1 L/yr - ₹20.5 L/yr
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11 years (AmbitionBox Estimate)	₹16.5 L/yr - ₹21.1 L/yr

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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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Bank of Maharashtra Credit Officer Salary FAQs

How the salary growth look like for a Credit Officer at Bank of Maharashtra in Mumbai?

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

Experience	Average Salary Range
10 years	₹16.1 Lakhs to ₹20.5 Lakhs per year
11 years	₹16.5 Lakhs to ₹21.1 Lakhs per year

and so on.

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Bank of Maharashtra Credit Officer Salaries in Mumbai

Bank of Maharashtra Credit Officer salary in Mumbai ranges between ₹14.1 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.