Bank of Maharashtra New Delhi Deputy Manager Salaries by 10+ Employees (Updated 2025)

2 - 8 years exp.

₹5 Lakhs - ₹12 Lakhs

Salary of majority employees

At par with the average Deputy Manager Salary in Banking Companies for 2 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Deputy Manager Salary 3 - 8 years exp. (8 salaries)	₹6.7 L/yr - ₹11 L/yr
Finance & Accounting Deputy Manager Salary 2 - 3 years exp. (AmbitionBox Estimate)	₹7 L/yr - ₹9.1 L/yr
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IT & Information Security Deputy Manager Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹8.8 L/yr

Last Updated: 15 Mar 2023

Companies similar to Bank of Maharashtra for Deputy Manager in New Delhi

Bank of Maharashtra Deputy Manager Salary

2 - 8 years exp. (14 salaries)

₹5 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Deputy Manager Salary 4 - 14 years exp. (64 salaries)	₹7.5 L/yr - ₹25.5 L/yr 88% more	1 job opening
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (1.9k salaries)	₹2.8 L/yr - ₹11 L/yr 27% less
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HDFC Bank Deputy Manager Salary 0 - 13 years exp. (2.1k salaries)	₹2.3 L/yr - ₹10.5 L/yr 32% less
Axis Bank Deputy Manager Salary 0 - 14 years exp. (1.3k salaries)	₹2.2 L/yr - ₹11 L/yr 28% less
Punjab National Bank Deputy Manager Salary 2 - 12 years exp. (9 salaries)	₹6.5 L/yr - ₹15 L/yr 32% more
Kotak Mahindra Bank Deputy Manager Salary 0 - 12 years exp. (1.6k salaries)	₹2 L/yr - ₹8 L/yr 42% less
Yes Bank Deputy Manager Salary 0 - 13 years exp. (640 salaries)	₹2.3 L/yr - ₹9 L/yr 36% less
IndusInd Bank Deputy Manager Salary 0 - 12 years exp. (534 salaries)	₹2 L/yr - ₹8 L/yr 43% less	1 job opening
IDFC FIRST Bank Deputy Manager Salary 0 - 11 years exp. (262 salaries)	₹3 L/yr - ₹9.2 L/yr 38% less	2 job openings
AU Small Finance Bank Deputy Manager Salary 0 - 12 years exp. (115 salaries)	₹3.5 L/yr - ₹8.5 L/yr 38% less	2 job openings
Ujjivan Small Finance Bank Deputy Manager Salary 1 - 9 years exp. (13 salaries)	₹3.5 L/yr - ₹5 L/yr 51% less
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Equitas Small Finance Bank Deputy Manager Salary 5 - 9 years exp. (7 salaries)	₹4.2 L/yr - ₹5.7 L/yr 38% less
DBS Bank Deputy Manager Salary 3 - 10 years exp. (4 salaries)	₹4.8 L/yr - ₹9 L/yr 18% less
NatWest Group Deputy Manager Salary 7 - 9 years exp. (3 salaries)	₹5.6 L/yr - ₹7.1 L/yr 26% less

Deputy Manager salary at Bank of Maharashtra ranges between ₹5 Lakhs to ₹12 Lakhs per year for employees with experience between 2 years to 8 years. Salary estimates are based on 14 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Deputy Manager salaries in New Delhi

Last Updated: 15 Mar 2023

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹7 L/yr - ₹15.3 L/yr
3 years (3 salaries)	₹8.1 L/yr - ₹12 L/yr
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4 years (3 salaries)	₹5 L/yr - ₹10 L/yr
5 years (3 salaries)	₹5 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹10.3 L/yr
7 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹16.2 L/yr
8 years (AmbitionBox Estimate)	₹6.7 L/yr - ₹9.8 L/yr

View all

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.

59% hike

Senior Manager 8 - 14 years exp.

42% hike

Similar Designation salaries in Bank of Maharashtra

Branch Manager Salary

(4 salaries)

₹11 L/yr - ₹20 L/yr

Salary related reviews for Bank of Maharashtra

4.0

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

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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Salary Discussions, Hike & Promotions

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 Manager Salary FAQs

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

Deputy Manager salary at Bank of Maharashtra in New Delhi ranges between ₹5.0 Lakhs to ₹12.0 Lakhs for experience between 2 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 14 latest salaries received from various employees of Bank of Maharashtra New Delhi.

How does the salary of a Deputy Manager at Bank of Maharashtra New Delhi 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 New Delhi. To know exact salary insights, login to view.

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

State Bank of India Deputy Manager Salary - ₹7.5 Lakhs to ₹25.5 Lakhs per year
Punjab National Bank Deputy Manager Salary - ₹6.5 Lakhs to ₹15.0 Lakhs per year

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

DBS Bank Deputy Manager Salary - ₹4.8 Lakhs to ₹9.0 Lakhs per year
NatWest Group Deputy Manager Salary - ₹5.6 Lakhs to ₹7.1 Lakhs per year
ICICI Bank Deputy Manager Salary - ₹2.8 Lakhs to ₹11.0 Lakhs per year
Axis Bank Deputy Manager Salary - ₹2.2 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Deputy Manager Salary - ₹2.3 Lakhs to ₹10.5 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Bank of Maharashtra ranges between ₹64,017 per month to ₹65,647 per month in New Delhi. 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 ₹12.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Bank of Maharashtra Deputy Managers in New Delhi reported a notice period of 15 days or less, 33% reported a notice period of 1 Month.This is based on 3 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Deputy Manager Salaries in New Delhi

Bank of Maharashtra Deputy Manager salary in New Delhi ranges between ₹5 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 14 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.