Bank of Maharashtra Pune IT Manager Salaries by 6 Employees (Updated 2025)

9 - 11 years exp.

₹12 Lakhs - ₹15 Lakhs

Salary of majority employees

At par with the average IT Manager Salary in Banking Companies for 9 - 11 years of experience

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Salaries in different departments

Product Management IT Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹13.3 L/yr - ₹15 L/yr
Project & Program Management IT Manager Salary 10 - 11 years exp. (AmbitionBox Estimate)	₹13.3 L/yr - ₹15 L/yr
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Engineering - Hardware & Networks IT Manager Salary 10 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹14.3 L/yr
Engineering - Software & QA IT Manager Salary 9 years exp. (AmbitionBox Estimate)	₹12.8 L/yr - ₹15 L/yr

Last Updated: 5 Feb 2025

Companies similar to Bank of Maharashtra for IT Manager in Pune

Bank of Maharashtra IT Manager Salary

9 - 11 years exp. (6 salaries)

₹12 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Manager Salary 1 - 7 years exp. (3 salaries)	₹11 L/yr - ₹12.5 L/yr 12% less
Bajaj Finance IT Manager Salary 1 - 11 years exp. (18 salaries)	₹4.6 L/yr - ₹18.2 L/yr 20% less
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Bajaj Finserv IT Manager Salary 3 - 7 years exp. (13 salaries)	₹5 L/yr - ₹14 L/yr 33% less
Capgemini IT Manager Salary 9 - 18 years exp. (10 salaries)	₹12 L/yr - ₹27 L/yr 54% more
Mahindra & Mahindra IT Manager Salary 14 - 17 years exp. (8 salaries)	₹11 L/yr - ₹25.5 L/yr 30% more

IT Manager salary at Bank of Maharashtra ranges between ₹12 Lakhs to ₹15 Lakhs per year for employees with experience between 9 years to 11 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra IT Manager salaries in Pune

Last Updated: 5 Feb 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹5.6 L/yr - ₹15 L/yr
10 years (3 salaries)	₹12 L/yr - ₹15 L/yr
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11 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr

Similar Designation salaries in Bank of Maharashtra

Deputy Manager Salary

(17 salaries)

₹6 L/yr - ₹12 L/yr

Software Engineer Salary

(4 salaries)

₹2.4 L/yr - ₹18 L/yr

Salary related reviews for Bank of Maharashtra

3.0

Rated by 1 employees for salary & benefits

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

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 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

Salary Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Bank of Maharashtra IT Manager Salary FAQs

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

IT Manager salary at Bank of Maharashtra in Pune ranges between ₹12.0 Lakhs to ₹15.0 Lakhs for experience between 9 years to 11 years. According to our estimates it is 3% less than the average IT Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bank of Maharashtra Pune.

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

The average salary of a IT Manager at Bank of Maharashtra is 3% less than the average salary of a IT Manager in Pune. To know exact salary insights, login to view.

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

Capgemini IT Manager Salary - ₹12.0 Lakhs to ₹27.0 Lakhs per year
Mahindra & Mahindra IT Manager Salary - ₹11.0 Lakhs to ₹25.5 Lakhs per year

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

HDFC Bank IT Manager Salary - ₹11.0 Lakhs to ₹12.5 Lakhs per year
Bajaj Finance IT Manager Salary - ₹4.6 Lakhs to ₹18.2 Lakhs per year
Bajaj Finserv IT Manager Salary - ₹5.0 Lakhs to ₹14.0 Lakhs per year

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

The estimated take-home salary of a IT Manager at Bank of Maharashtra ranges between ₹95,488 per month to ₹98,064 per month in Pune. The take-home salary calculation is based on the average Bank of Maharashtra IT Manager salary in India which ranges between ₹12.0 Lakhs to ₹15.0 Lakhs per year for employees with experience between 9 years to 11 years. Check how did we calculate take home salary?

What is the notice period for IT Manager at Bank of Maharashtra in Pune?

According to AmbitionBox, 50% of the Bank of Maharashtra IT Managers in Pune reported a notice period of 1 Month, 38% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 8 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra IT Manager Salaries in Pune

Bank of Maharashtra IT Manager salary in Pune ranges between ₹12 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.