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

1 - 8 years exp.

₹6 Lakhs - ₹12 Lakhs

Salary of majority employees

17% more than the average Deputy Manager Salary in Banking Companies for 1 - 8 years of experience

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Salaries in different departments

Customer Success, Service & Operations Deputy Manager Salary 4 - 8 years exp. (6 salaries)	₹10 L/yr - ₹12 L/yr
IT & Information Security Deputy Manager Salary 2 - 8 years exp. (4 salaries)	₹8.4 L/yr - ₹12 L/yr
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BFSI, Investments & Trading Deputy Manager Salary 1 - 2 years exp. (AmbitionBox Estimate)	₹9.8 L/yr - ₹12 L/yr
Data Science & Analytics Deputy Manager Salary 5 years exp. (AmbitionBox Estimate)	₹9.9 L/yr - ₹11 L/yr
Finance & Accounting Deputy Manager Salary 2 years exp. (AmbitionBox Estimate)	₹9.7 L/yr - ₹12 L/yr

Last Updated: 5 Feb 2025

Companies similar to Bank of Maharashtra for Deputy Manager in Pune

Bank of Maharashtra Deputy Manager Salary

1 - 8 years exp. (18 salaries)

₹6 L/yr - ₹12 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Deputy Manager Salary 4 - 15 years exp. (30 salaries)	₹8.3 L/yr - ₹20 L/yr 64% more
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (973 salaries)	₹3 L/yr - ₹10.7 L/yr 36% less
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HDFC Bank Deputy Manager Salary 0 - 13 years exp. (1.1k salaries)	₹2.3 L/yr - ₹10 L/yr 41% less
Axis Bank Deputy Manager Salary 0 - 14 years exp. (632 salaries)	₹2.4 L/yr - ₹11 L/yr 38% less
Kotak Mahindra Bank Deputy Manager Salary 0 - 13 years exp. (833 salaries)	₹1.8 L/yr - ₹7.5 L/yr 49% less
IndusInd Bank Deputy Manager Salary 0 - 11 years exp. (248 salaries)	₹2 L/yr - ₹7.5 L/yr 50% less	1 job opening
Yes Bank Deputy Manager Salary 0 - 12 years exp. (214 salaries)	₹3.1 L/yr - ₹8.2 L/yr 41% less
IDFC FIRST Bank Deputy Manager Salary 0 - 11 years exp. (178 salaries)	₹3 L/yr - ₹8.8 L/yr 46% less	3 job openings
AU Small Finance Bank Deputy Manager Salary 0 - 11 years exp. (43 salaries)	₹3.2 L/yr - ₹7.7 L/yr 43% less	5 job openings
Ujjivan Small Finance Bank Deputy Manager Salary 0 - 10 years exp. (28 salaries)	₹2.5 L/yr - ₹5.5 L/yr 58% less
Equitas Small Finance Bank Deputy Manager Salary 3 - 12 years exp. (15 salaries)	₹2.9 L/yr - ₹6.5 L/yr 45% less
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Deputy Manager salary at Bank of Maharashtra ranges between ₹6 Lakhs to ₹12 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 18 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Deputy Manager salaries in Pune

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹6 L/yr - ₹12 L/yr
2 years (3 salaries)	₹8.4 L/yr - ₹12 L/yr
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3 years (3 salaries)	₹8 L/yr - ₹17.9 L/yr
4 years (AmbitionBox Estimate)	₹10 L/yr - ₹11 L/yr
5 years (AmbitionBox Estimate)	₹10 L/yr - ₹11 L/yr
6 years (AmbitionBox Estimate)	₹9 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)	₹9 L/yr - ₹12 L/yr
8 years (AmbitionBox Estimate)	₹4.1 L/yr - ₹12 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 - 11 years exp.

53% hike

Senior Manager 8 - 14 years exp.

39% hike

Similar Designation salaries in Bank of Maharashtra

Branch Manager Salary

(17 salaries)

₹8 L/yr - ₹20 L/yr

Salary related reviews for Bank of Maharashtra

3.7

Rated by 3 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

see more salary related reviews

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Salary Discussions, Hike & Promotions

Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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Bank of Maharashtra Deputy Manager Salary FAQs

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

Deputy Manager salary at Bank of Maharashtra in Pune ranges between ₹6.0 Lakhs to ₹12.0 Lakhs for experience between 1 years to 8 years. According to our estimates it is 17% more than the average Deputy Manager Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Bank of Maharashtra Pune.

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

The average salary of a Deputy Manager at Bank of Maharashtra is 17% more than the average salary of a Deputy Manager in Pune. To know exact salary insights, login to view.

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

State Bank of India Deputy Manager Salary - ₹8.3 Lakhs to ₹20.0 Lakhs per year

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

ICICI Bank Deputy Manager Salary - ₹3.0 Lakhs to ₹10.7 Lakhs per year
Axis Bank Deputy Manager Salary - ₹2.4 Lakhs to ₹11.0 Lakhs per year
HDFC Bank Deputy Manager Salary - ₹2.3 Lakhs to ₹10.0 Lakhs per year
Yes Bank Deputy Manager Salary - ₹3.1 Lakhs to ₹8.2 Lakhs per year
AU Small Finance Bank Deputy Manager Salary - ₹3.2 Lakhs to ₹7.7 Lakhs per year

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

The estimated take-home salary of a Deputy Manager at Bank of Maharashtra ranges between ₹72,628 per month to ₹74,502 per month in Pune. The take-home salary calculation is based on the average Bank of Maharashtra Deputy Manager salary in India which ranges between ₹6.0 Lakhs to ₹12.0 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 in Pune?

According to AmbitionBox, 63% of the Bank of Maharashtra Deputy Managers in Pune reported a notice period of 3 Months, 26% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 19 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Deputy Manager Salaries in Pune

Bank of Maharashtra Deputy Manager salary in Pune ranges between ₹6 Lakhs to ₹12 Lakhs with an average annual salary of ₹. Salary estimates are based on 18 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.