Bank of Maharashtra Deputy Manager Salaries by 80+ Employees (Updated 2025)

1 - 8 years exp.

₹5 Lakhs - ₹13 Lakhs

Salary of majority employees

At par with the average Deputy Manager Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 1 - 8 years exp. (26 salaries)	₹6.7 L/yr - ₹13 L/yr
Customer Success, Service & Operations Deputy Manager Salary 2 - 8 years exp. (12 salaries)	₹6 L/yr - ₹12 L/yr
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Finance & Accounting Deputy Manager Salary 1 - 3 years exp. (7 salaries)	₹7 L/yr - ₹12 L/yr
IT & Information Security Deputy Manager Salary 2 - 6 years exp. (6 salaries)	₹5 L/yr - ₹13 L/yr
Engineering - Software & QA Deputy Manager Salary 3 - 7 years exp. (4 salaries)	₹8.5 L/yr - ₹12 L/yr

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Last Updated: 10 Jan 2025

Companies similar to Bank of Maharashtra for Deputy Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Deputy Manager Salary 4 - 15 years exp. (623 salaries)	₹7 L/yr - ₹28 L/yr 77% more
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (15.5k salaries)	₹2 L/yr - ₹10.8 L/yr 32% less
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HDFC Bank Deputy Manager Salary 0 - 14 years exp. (15.1k salaries)	₹2 L/yr - ₹10.3 L/yr 38% less
Axis Bank Deputy Manager Salary 0 - 13 years exp. (10.5k salaries)	₹2 L/yr - ₹8.8 L/yr 33% less
Punjab National Bank Deputy Manager Salary 2 - 12 years exp. (51 salaries)	₹5 L/yr - ₹15.7 L/yr 22% more
Canara Bank Deputy Manager Salary 0 - 14 years exp. (3 salaries)	₹8 L/yr - ₹17.6 L/yr 16% more
Bank of Baroda Deputy Manager Salary 3 - 10 years exp. (11 salaries)	₹3.8 L/yr - ₹13.2 L/yr 3% less
Union Bank of India Deputy Manager Salary 3 - 13 years exp. (11 salaries)	₹8.5 L/yr - ₹16 L/yr 22% more
IDBI Bank Deputy Manager Salary 0 - 6 years exp. (7 salaries)	₹2.5 L/yr - ₹9 L/yr 48% less
Kotak Mahindra Bank Deputy Manager Salary 0 - 12 years exp. (11.3k salaries)	₹1.7 L/yr - ₹8.5 L/yr 46% less

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Deputy Manager salary at Bank of Maharashtra ranges between ₹5 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 80 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Deputy Manager salaries

Last Updated: 10 Jan 2025

Experience	Avg Annual Salary
1 year (6 salaries)	₹6 L/yr - ₹12 L/yr
2 years (14 salaries)	₹5.4 L/yr - ₹12 L/yr
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3 years (13 salaries)	₹8 L/yr - ₹13 L/yr
4 years (10 salaries)	₹5 L/yr - ₹12 L/yr
5 years (12 salaries)	₹5 L/yr - ₹11 L/yr
6 years (7 salaries)	₹7 L/yr - ₹12 L/yr
7 years (9 salaries)	₹5.8 L/yr - ₹12 L/yr
8 years (9 salaries)	₹6.7 L/yr - ₹12 L/yr

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From

Deputy Manager

₹

Lakhs/yr

1 - 8 years exp.

Chief Manager

₹

Lakhs/yr

9 - 15 years exp.

Deputy Manager 1 - 8 years exp.

Manager 5 - 13 years exp.

61% hike

Senior Manager 8 - 14 years exp.

35% hike

Similar Designation salaries in Bank of Maharashtra

Team Manager Salary

(4 salaries)

₹10.8 L/yr - ₹14 L/yr

Branch Manager Salary

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₹8 L/yr - ₹22 L/yr

Deputy Branch Manager Salary

(4 salaries)

₹6.5 L/yr - ₹10 L/yr

Project 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

Team Lead Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Customer Service Manager Salary

(AmbitionBox Estimate)

₹5.4 L/yr - ₹6.9 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹4.8 L/yr - ₹6.1 L/yr

Business Development Manager Salary

(3 salaries)

₹5 L/yr - ₹13 L/yr

Salary related reviews for Bank of Maharashtra

3.4

Rated by 18 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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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 Deputy Manager Salary FAQs

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

Deputy Manager salary at Bank of Maharashtra in India ranges between ₹5.0 Lakhs to ₹13.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 2% less than the average Deputy Manager Salary in India. Salary estimates are based on 80 latest salaries received from various employees of Bank of Maharashtra India.

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

The average salary of a Deputy Manager at Bank of Maharashtra is 2% less than the average salary of a Deputy Manager in India. To know exact salary insights, login to view.

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

State Bank of India Deputy Manager Salary - ₹7.0 Lakhs to ₹28.0 Lakhs per year
Bank of America Deputy Manager Salary - ₹12.5 Lakhs to ₹27.5 Lakhs per year
Indian Bank Deputy Manager Salary - ₹5.1 Lakhs to ₹18.0 Lakhs per year
Indian Overseas Bank Deputy Manager Salary - ₹10.0 Lakhs to ₹12.0 Lakhs per year
Union Bank of India Deputy Manager Salary - ₹8.5 Lakhs to ₹16.0 Lakhs per year

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

Punjab National Bank Deputy Manager Salary - ₹5.0 Lakhs to ₹15.7 Lakhs per year
Barclays Deputy Manager Salary - ₹6.5 Lakhs to ₹15.5 Lakhs per year
Canara Bank Deputy Manager Salary - ₹8.0 Lakhs to ₹17.6 Lakhs per year
HSBC Global Banking and Markets Deputy Manager Salary - ₹8.3 Lakhs to ₹15.0 Lakhs per year
Bank of India Deputy Manager Salary - ₹3.1 Lakhs to ₹16.1 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Bank of Maharashtra ranges between ₹68,061 per month to ₹69,806 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Deputy Manager salary in India which ranges between ₹5.0 Lakhs to ₹13.0 Lakhs per year for employees with experience between 1 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 49% of the Bank of Maharashtra Deputy Managers reported a notice period of 3 Months, 18% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 61 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Deputy Manager Salaries

Bank of Maharashtra Deputy Manager salary in India ranges between ₹5 Lakhs to ₹13 Lakhs with an average annual salary of ₹. Salary estimates are based on 80 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

Bank of Maharashtra Deputy Manager salaries in India

Companies similar to Bank of Maharashtra for Deputy Manager

Latest annual salaries shared by Bank of Maharashtra Deputy Manager

Experience wise Bank of Maharashtra Deputy Manager salaries

Similar Designation salaries in Bank of Maharashtra

Salary related reviews for Bank of Maharashtra

Branch Manager in Pune

Operations Manager in Pune

Manager in Patna

Assistant Manager in Pune

Manager in Gujarat

Bank of Maharashtra Deputy Manager Salary FAQs

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Bank of Maharashtra Deputy Manager Salaries by Location