Bank of Maharashtra Credit Risk Manager Salaries by 3 Employees (Updated 2025)

4 - 14 years exp.

₹12 Lakhs - ₹24 Lakhs

Low Confidence

Salary of majority employees

50% more than the average Credit Risk Manager Salary in Banking Companies for 4 - 14 years of experience

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Salaries in different departments

Risk Management & Compliance Credit Risk Manager Salary 4 - 14 years exp. (AmbitionBox Estimate)	₹21.6 L/yr - ₹26.4 L/yr
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Data Science & Analytics Credit Risk Manager Salary 8 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 6 Jun 2024

Companies similar to Bank of Maharashtra for Credit Risk Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Credit Risk Manager Salary 9 - 10 years exp. (3 salaries)	₹14 L/yr - ₹20 L/yr 18% less
ICICI Bank Credit Risk Manager Salary 0 - 5 years exp. (81 salaries)	₹7.5 L/yr - ₹24.9 L/yr 23% less
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HDFC Bank Credit Risk Manager Salary 1 - 8 years exp. (91 salaries)	₹5.5 L/yr - ₹21.7 L/yr 37% less
Axis Bank Credit Risk Manager Salary 3 - 11 years exp. (14 salaries)	₹8 L/yr - ₹21 L/yr 35% less
Punjab National Bank Credit Risk Manager Salary 4 - 6 years exp. (5 salaries)	₹11.1 L/yr - ₹20 L/yr 30% less
Kotak Mahindra Bank Credit Risk Manager Salary 1 - 8 years exp. (20 salaries)	₹5.2 L/yr - ₹14 L/yr 54% less
Bank of Baroda Credit Risk Manager Salary 2 - 9 years exp. (4 salaries)	₹6.3 L/yr - ₹14 L/yr 51% less
IndusInd Bank Credit Risk Manager Salary 3 - 7 years exp. (5 salaries)	₹9.5 L/yr - ₹20.5 L/yr 29% less
Yes Bank Credit Risk Manager Salary 1 - 11 years exp. (101 salaries)	₹4.5 L/yr - ₹15.4 L/yr 55% less
Standard Chartered Credit Risk Manager Salary 1 - 10 years exp. (14 salaries)	₹12 L/yr - ₹27 L/yr 9% less
Barclays Credit Risk Manager Salary 5 - 14 years exp. (11 salaries)	₹16 L/yr - ₹22 L/yr 3% less
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AU Small Finance Bank Credit Risk Manager Salary 2 - 8 years exp. (10 salaries)	₹4.8 L/yr - ₹10.8 L/yr 62% less
IDFC FIRST Bank Credit Risk Manager Salary 1 - 5 years exp. (9 salaries)	₹6.2 L/yr - ₹25 L/yr 26% less
Jana Small Finance Bank Credit Risk Manager Salary 3 - 11 years exp. (8 salaries)	₹5.6 L/yr - ₹19.9 L/yr 36% less
IDBI Bank Credit Risk Manager Salary 5 - 16 years exp. (5 salaries)	₹18.2 L/yr - ₹25 L/yr 9% more
Equitas Small Finance Bank Credit Risk Manager Salary 0 - 8 years exp. (5 salaries)	₹14.5 L/yr - ₹23.2 L/yr 8% less
Bank of India Credit Risk Manager Salary 12 - 14 years exp. (5 salaries)	₹10 L/yr - ₹18 L/yr 38% less
Central Bank of India Credit Risk Manager Salary 0 - 4 years exp. (4 salaries)	₹11.5 L/yr - ₹18.5 L/yr 19% less
Ujjivan Small Finance Bank Credit Risk Manager Salary 5 - 12 years exp. (4 salaries)	₹12 L/yr - ₹17.5 L/yr 29% less
DBS Bank Credit Risk Manager Salary 13 - 18 years exp. (4 salaries)	₹30 L/yr - ₹41.5 L/yr 69% more

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Credit Risk Manager salary at Bank of Maharashtra ranges between ₹12 Lakhs to ₹24 Lakhs per year for employees with experience between 4 years to 14 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Credit Risk Manager salaries

Last Updated: 6 Jun 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr
8 years (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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14 years (AmbitionBox Estimate)	₹21.6 L/yr - ₹27.6 L/yr

Similar Designation salaries in Bank of Maharashtra

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₹23.9 L/yr - ₹30.5 L/yr

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₹5 L/yr - ₹12 L/yr

Chief Manager Salary

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₹14 L/yr - ₹40 L/yr

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₹13 L/yr - ₹19 L/yr

Branch Credit Manager Salary

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₹8.9 L/yr - ₹11.4 L/yr

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₹8.8 L/yr - ₹12 L/yr

Salary related reviews for Bank of Maharashtra

2.0

Rated by 1 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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Bank of Maharashtra Credit Risk Manager Salary FAQs

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

According to AmbitionBox, 50% of the Bank of Maharashtra Credit Risk Managers reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Credit Risk Manager Salaries

Bank of Maharashtra Credit Risk Manager salary in India ranges between ₹12 Lakhs to ₹24 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.