Bank of Maharashtra Deputy Manager Salaries by 80+ Employees (Updated 2024)

1 - 8 years exp.

₹5 Lakhs - ₹12.2 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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Last Updated: 7 Dec 2024

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. (664 salaries)	₹7.2 L/yr - ₹28 L/yr 84% more
ICICI Bank Deputy Manager Salary 0 - 15 years exp. (16k salaries)	₹2 L/yr - ₹10.8 L/yr 31% less
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HDFC Bank Deputy Manager Salary 0 - 13 years exp. (15k salaries)	₹2 L/yr - ₹8 L/yr 37% less
Axis Bank Deputy Manager Salary 0 - 13 years exp. (10.5k salaries)	₹2.2 L/yr - ₹11 L/yr 33% less
Punjab National Bank Deputy Manager Salary 3 - 12 years exp. (43 salaries)	₹5.7 L/yr - ₹16.1 L/yr 26% more
Bank of Baroda Deputy Manager Salary 3 - 10 years exp. (11 salaries)	₹3.5 L/yr - ₹13.2 L/yr 4% less
Union Bank of India Deputy Manager Salary 3 - 13 years exp. (11 salaries)	₹8.5 L/yr - ₹16 L/yr 25% more
Kotak Mahindra Bank Deputy Manager Salary 0 - 12 years exp. (11.3k salaries)	₹1.7 L/yr - ₹8 L/yr 45% less
Yes Bank Deputy Manager Salary 0 - 13 years exp. (3.2k salaries)	₹2.3 L/yr - ₹9.1 L/yr 37% less
IndusInd Bank Deputy Manager Salary 0 - 13 years exp. (3.6k salaries)	₹1.7 L/yr - ₹8.1 L/yr 47% less
IDFC FIRST Bank Deputy Manager Salary 0 - 12 years exp. (2.2k salaries)	₹2.4 L/yr - ₹10 L/yr 39% less
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AU Small Finance Bank Deputy Manager Salary 0 - 12 years exp. (951 salaries)	₹1.8 L/yr - ₹9 L/yr 40% less	1 job opening
Equitas Small Finance Bank Deputy Manager Salary 2 - 13 years exp. (312 salaries)	₹2.3 L/yr - ₹9.5 L/yr 42% less
DBS Bank Deputy Manager Salary 3 - 14 years exp. (93 salaries)	₹4.6 L/yr - ₹13 L/yr 11% less
Ujjivan Small Finance Bank Deputy Manager Salary 0 - 10 years exp. (137 salaries)	₹2.7 L/yr - ₹5.8 L/yr 54% less
Standard Chartered Deputy Manager Salary 2 - 10 years exp. (27 salaries)	₹4.1 L/yr - ₹8 L/yr 35% less
Deutsche Bank Deputy Manager Salary 3 - 10 years exp. (5 salaries)	₹4.6 L/yr - ₹9.5 L/yr 29% less

Deputy Manager salary at Bank of Maharashtra ranges between ₹5 Lakhs to ₹12.2 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 83 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Deputy Manager salaries

Last Updated: 7 Dec 2024

Experience	Avg Annual Salary
1 year (6 salaries)	₹6 L/yr - ₹15.8 L/yr
2 years (15 salaries)	₹5 L/yr - ₹12 L/yr
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3 years (11 salaries)	₹8 L/yr - ₹12 L/yr
4 years (11 salaries)	₹5 L/yr - ₹12 L/yr
5 years (13 salaries)	₹5 L/yr - ₹11 L/yr
6 years (9 salaries)	₹7 L/yr - ₹12.2 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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Salary related reviews for Bank of Maharashtra

3.1

Rated by 8 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

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.

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.

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.

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.

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.

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.

Dislikes

Heavy work load, risk involved in credit , incessant targets bombarded every day ,no work life balance

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

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.

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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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 ₹12.2 Lakhs for experience between 1 years to 8 years. According to our estimates it is 4% less than the average Deputy Manager Salary in India. Salary estimates are based on 83 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 4% 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 - ₹7.2 Lakhs to ₹28.0 Lakhs per year
Punjab National Bank Deputy Manager Salary - ₹5.7 Lakhs to ₹16.1 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?

Bank of Baroda Deputy Manager Salary - ₹3.5 Lakhs to ₹13.2 Lakhs per year
DBS Bank Deputy Manager Salary - ₹4.6 Lakhs to ₹13.0 Lakhs per year
Deutsche Bank Deputy Manager Salary - ₹4.6 Lakhs to ₹9.5 Lakhs per year
ICICI Bank Deputy Manager Salary - ₹2.0 Lakhs to ₹10.8 Lakhs per year
Axis Bank Deputy Manager Salary - ₹2.2 Lakhs to ₹11.0 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 ₹66,487 per month to ₹68,187 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 ₹12.2 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, 69% of the Bank of Maharashtra Deputy Managers reported a notice period of 3 Months, 16% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 13 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 ₹12.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 83 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.