Bank of Maharashtra Deputy Branch Manager Salaries by 4 Employees (Updated 2025)

0 - 10 years exp.

₹6.5 Lakhs - ₹10 Lakhs

Low Confidence

Salary of majority employees

29% more than the average Deputy Branch Manager Salary in Banking Companies for 0 - 10 years of experience

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Last Updated: 7 Oct 2024

Companies similar to Bank of Maharashtra for Deputy Branch Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Deputy Branch Manager Salary 1 - 31 years exp. (7 salaries)	₹5.8 L/yr - ₹20 L/yr 33% more
ICICI Bank Deputy Branch Manager Salary 1 - 15 years exp. (3k salaries)	₹3.2 L/yr - ₹12 L/yr 23% less
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HDFC Bank Deputy Branch Manager Salary 4 - 12 years exp. (224 salaries)	₹3.3 L/yr - ₹9.5 L/yr 39% less
Axis Bank Deputy Branch Manager Salary 1 - 13 years exp. (123 salaries)	₹3 L/yr - ₹9.6 L/yr 39% less
Punjab National Bank Deputy Branch Manager Salary 4 - 9 years exp. (4 salaries)	₹6 L/yr - ₹8 L/yr 33% less
Kotak Mahindra Bank Deputy Branch Manager Salary 4 - 13 years exp. (190 salaries)	₹4.2 L/yr - ₹16 L/yr 5% more
Canara Bank Deputy Branch Manager Salary 4 - 13 years exp. (3 salaries)	₹6.1 L/yr - ₹9.2 L/yr 26% less
IndusInd Bank Deputy Branch Manager Salary 3 - 16 years exp. (1k salaries)	₹3.8 L/yr - ₹13 L/yr 14% less	6 job openings
Yes Bank Deputy Branch Manager Salary 1 - 17 years exp. (333 salaries)	₹4 L/yr - ₹13 L/yr 11% less	1 job opening
IDFC FIRST Bank Deputy Branch Manager Salary 5 - 14 years exp. (268 salaries)	₹4.4 L/yr - ₹14 L/yr 1% less
Equitas Small Finance Bank Deputy Branch Manager Salary 4 - 12 years exp. (50 salaries)	₹2.8 L/yr - ₹8 L/yr 46% less
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AU Small Finance Bank Deputy Branch Manager Salary 1 - 11 years exp. (43 salaries)	₹2.5 L/yr - ₹9.9 L/yr 47% less
Ujjivan Small Finance Bank Deputy Branch Manager Salary 2 - 12 years exp. (12 salaries)	₹3 L/yr - ₹4.5 L/yr 60% less
Jana Small Finance Bank Deputy Branch Manager Salary 5 - 15 years exp. (5 salaries)	₹6 L/yr - ₹8 L/yr 32% less
Indian Overseas Bank Deputy Branch Manager Salary 7 - 12 years exp. (4 salaries)	₹9.8 L/yr - ₹12 L/yr 12% more
Federal Bank Deputy Branch Manager Salary 2 - 13 years exp. (3 salaries)	₹10.5 L/yr - ₹18 L/yr 36% more
DBS Bank Deputy Branch Manager Salary 5 - 15 years exp. (3 salaries)	₹7.5 L/yr - ₹13.8 L/yr At par

Deputy Branch Manager salary at Bank of Maharashtra ranges between ₹6.5 Lakhs to ₹10 Lakhs per year for employees with less than 1 year of experience to 10 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Deputy Branch Manager salaries

Last Updated: 7 Oct 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹10 L/yr - ₹19.4 L/yr
1 year (AmbitionBox Estimate)	₹9.6 L/yr - ₹12.2 L/yr
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2 years (AmbitionBox Estimate)	₹9.4 L/yr - ₹12.1 L/yr
3 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹11.9 L/yr
4 years (AmbitionBox Estimate)	₹9.2 L/yr - ₹11.7 L/yr
5 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹18.1 L/yr
6 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
7 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
8 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
9 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹10.9 L/yr
10 years (AmbitionBox Estimate)	₹7.5 L/yr - ₹16.9 L/yr

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Similar Designation salaries in Bank of Maharashtra

Branch Manager Salary

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Assistant Branch Manager Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Operations Manager Salary

(3 salaries)

₹10 L/yr - ₹20 L/yr

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 L/yr

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₹10 L/yr - ₹20 L/yr

Sales Manager Salary

(AmbitionBox Estimate)

₹1 L/yr - ₹1.3 L/yr

Branch Head Salary

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₹12.25 L/yr - ₹20.5 L/yr

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₹15.3 L/yr - ₹19.5 L/yr

Salary related reviews for Bank of Maharashtra

3.6

Rated by 4 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

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

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

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of Maharashtra Deputy Branch Manager Salary FAQs

What is the salary of Deputy Branch Manager at Bank of Maharashtra?

Deputy Branch Manager salary at Bank of Maharashtra in India ranges between ₹6.5 Lakhs to ₹10.0 Lakhs for less than 1 year of experience to 10 years. According to our estimates it is 29% more than the average Deputy Branch Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra India.

How does the salary of a Deputy Branch Manager at Bank of Maharashtra India compare with the average salary range for this job?

The average salary of a Deputy Branch Manager at Bank of Maharashtra is 29% more than the average salary of a Deputy Branch Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Deputy Branch Manager in India?

Federal Bank Deputy Branch Manager Salary - ₹10.5 Lakhs to ₹18.0 Lakhs per year
State Bank of India Deputy Branch Manager Salary - ₹5.8 Lakhs to ₹20.0 Lakhs per year
Indian Overseas Bank Deputy Branch Manager Salary - ₹9.8 Lakhs to ₹12.0 Lakhs per year
Kotak Mahindra Bank Deputy Branch Manager Salary - ₹4.2 Lakhs to ₹16.0 Lakhs per year
DBS Bank Deputy Branch Manager Salary - ₹7.5 Lakhs to ₹13.8 Lakhs per year

What is the salary of a Deputy Branch Manager in companies similar to Bank of Maharashtra in India?

IDFC FIRST Bank Deputy Branch Manager Salary - ₹4.4 Lakhs to ₹14.0 Lakhs per year
Yes Bank Deputy Branch Manager Salary - ₹4.0 Lakhs to ₹13.0 Lakhs per year
IndusInd Bank Deputy Branch Manager Salary - ₹3.8 Lakhs to ₹13.0 Lakhs per year
ICICI Bank Deputy Branch Manager Salary - ₹3.2 Lakhs to ₹12.0 Lakhs per year
Canara Bank Deputy Branch Manager Salary - ₹6.1 Lakhs to ₹9.2 Lakhs per year

What is the estimated take home salary of a Deputy Branch Manager at Bank of Maharashtra in India?

The estimated take-home salary of a Deputy Branch Manager at Bank of Maharashtra ranges between ₹70,774 per month to ₹72,596 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Deputy Branch Manager salary in India which ranges between ₹6.5 Lakhs to ₹10.0 Lakhs per year for employees with less than 1 year of experience to 10 years. Check how did we calculate take home salary?

What is the notice period for Deputy Branch Manager at Bank of Maharashtra?

According to AmbitionBox, 50% of the Bank of Maharashtra Deputy Branch Managers reported a notice period of 1 Month, 40% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Deputy Branch Manager Salaries

Bank of Maharashtra Deputy Branch Manager salary in India ranges between ₹6.5 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.