Bank of Maharashtra Indore Salaries by 10+ Employees (Updated 2025)

Explore Salaries by Departments

BFSI, Investments & Trading

Designation	Avg Annual Salary	Open Jobs
Chief Manager 11 - 12 years exp. · Indore (AmbitionBox Estimate)	₹14 L/yr - ₹30 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Senior Manager Credit 6 - 7 years exp. · Indore (AmbitionBox Estimate)	₹18 L/yr - ₹19 L/yr
Login to view exact salary
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Retired Bank Manager 31 years exp. · Indore (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Legal Officer 10 years exp. · Indore (AmbitionBox Estimate)	₹14.9 L/yr - ₹19 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
LAW Officer 6 years exp. · Indore (AmbitionBox Estimate)	₹9.7 L/yr - ₹12.4 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Customer Service Manager 6 years exp. · Indore (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Accounts Assistant & Cashier 1 year exp. · Indore (AmbitionBox Estimate)	₹29.7 L/yr - ₹37.9 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Bank Office Executive 3 years exp. · Indore (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Senior Scale Manager 3 7 years exp. · Indore (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Senior Manager 11 - 14 years exp. · Indore (4 salaries)	₹16 L/yr - ₹30 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India
Manager 5 - 8 years exp. · Indore (3 salaries)	₹10.4 L/yr - ₹13.3 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India

Top trending discussions

View All

Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

Got a question about Bank of Maharashtra?

Ask anonymously on communities.

Salary related reviews for Bank of Maharashtra

3.6

Rated by 2 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.

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.

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.

see more salary related reviews

Bank of Maharashtra interview questions by designations

Manager (5)Assistant Manager (3)IT (Data Analytics) (1)Security Administrator (1)

View all 17 interview experiences

Know more about Bank of Maharashtra Indore

Bank of Maharashtra Salary FAQs

How much does Bank of Maharashtra pay per year?

The average Bank of Maharashtra salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Apprentice and ₹24 Lakhs to ₹42 Lakhs per year for a Assistant General Manager. Salary estimates are based on 18 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 3.6/5 stars.

What is the highest salary in Bank of Maharashtra?

The highest-paying job at Bank of Maharashtra is a Assistant General Manager with a salary of ₹24 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹22.13 lakhs per year. The top 1% earn more than a whopping ₹38.77 lakhs per year.

What is the minimum salary in Bank of Maharashtra?

Minimum salary at Bank of Maharashtra depends on the role you are applying for. For Probationary Officer the minimum salary is ₹0.5 Lakh to ₹8 Lakhs per year, and for Deputy Manager the minimum salary is ₹5 Lakhs to ₹12 Lakhs per year and so on.

What is the salary package for freshers in Bank of Maharashtra?

The average salary at Bank of Maharashtra for freshers is ₹6.1 Lakhs per year for Probationary Officer.

What is the notice period at Bank of Maharashtra in Indore?

According to AmbitionBox, 83% of the Bank of Maharashtra employees in Indore reported a notice period of 3 Months, 17% reported a notice period of 15 days or less.This is based on 12 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of Maharashtra Indore Salaries by Department

Bank of Maharashtra BFSI, Investments & Trading Salaries in Indore

Average annual salary in Bank of Maharashtra , Indore is INR . Salary estimates are based on 18 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.