Bank of Maharashtra Indore BFSI, Investments & Trading Salaries by 7 Employees (Updated 2025)

Designation	Avg Annual Salary	Open Jobs
Senior Manager Credit 6 - 7 years exp. · Indore (AmbitionBox Estimate)	₹18 L/yr - ₹19 L/yr
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Chief Manager 12 years exp. · Indore (AmbitionBox Estimate)	₹20.9 L/yr - ₹30 L/yr
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Senior Scale Manager 3 7 years exp. · Indore (AmbitionBox Estimate)	₹12.1 L/yr - ₹15.4 L/yr
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Senior Manager 11 - 12 years exp. · Indore (AmbitionBox Estimate)	₹16 L/yr - ₹25 L/yr
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Manager 8 years exp. · Indore (AmbitionBox Estimate)	₹10.8 L/yr - ₹14.7 L/yr
Starting your career? Discover Bank of Maharashtra fresher salaries in India

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1w (edited)

a senior quality lead

Offer letter - Accepted

Hi, I'm currently drawing a salary of 27.7 (25.3 is fixed) LPA in my current organization and I got a new offer for 39LPA (33.3 is fixed and 1L joining bonus total 40) I'm almost going to complete by 2 years in my current organization and overall I have 11 years experience as QA. How do you rate this salary jump?

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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

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

Senior Branch Manager in Mumbai

BFSI, Investments & Trading Department

4.0

• posted on 02 Aug 2018

4.0

for Salary and Benefits

Likes

...opportunity for promotion and carrier growth. Good work culture and environment. Better salary structure in the banking sector.

Salary - Good

+5 more

Dislikes

Pessimistic business approach.

Senior Manager in Pune

BFSI, Investments & Trading Department

4.0

• posted on 02 Dec 2019

5.0

for Salary and Benefits

Likes

...nk is confined to Maharashtra however Bank is rapidly expanding to other states. The salary & other perks are very good as compared to other Bank. The work life balance is very poor & it needs to be improved.

Salary - Excellent

+5 more

Dislikes

The work life is very poor & there is much scope for improvement

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

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Bank of Maharashtra interview questions by designations

Manager (5)Assistant Manager (3)Java Developer (1)Branch Manager (1)

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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 7 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 4.0/5 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 ₹22.28 lakhs per year. The top 1% earn more than a whopping ₹38.56 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 BFSI, Investments & Trading Department in Indore?

According to AmbitionBox, 100% of the Bank of Maharashtra employees in BFSI, Investments & Trading Department in Indore reported a notice period of 3 Months.This is based on 6 responses on AmbitionBox in last 2 years.

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Average annual salary in BFSI, Investments & Trading department at Bank of Maharashtra , Indore is INR . Salary estimates are based on 7 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.