Bank of Maharashtra IT Manager Salaries by 4 Employees (Updated 2024)

6 - 9 years exp.

₹6.8 Lakhs - ₹15 Lakhs

Low Confidence

Salary of majority employees

9% less than the average IT Manager Salary in Banking Companies for 6 - 9 years of experience

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Last Updated: 23 May 2024

Companies similar to Bank of Maharashtra for IT Manager in Engineering - Software & QA department

Company name	Avg Annual Salary	Open Jobs
HDFC Bank IT Manager Salary 2 - 11 years exp. (19 salaries)	₹7.9 L/yr - ₹15 L/yr 16% less
Axis Bank IT Manager Salary 4 - 11 years exp. (12 salaries)	₹10.5 L/yr - ₹15.5 L/yr 3% more
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Punjab National Bank IT Manager Salary 4 - 10 years exp. (8 salaries)	₹10.9 L/yr - ₹18 L/yr 12% more
Kotak Mahindra Bank IT Manager Salary 5 - 9 years exp. (7 salaries)	₹11 L/yr - ₹13.4 L/yr 5% less
Canara Bank IT Manager Salary 5 - 8 years exp. (3 salaries)	₹10 L/yr - ₹16 L/yr 9% more
AU Small Finance Bank IT Manager Salary 4 - 10 years exp. (16 salaries)	₹8 L/yr - ₹17 L/yr 9% less
Bank of Baroda IT Manager Salary 5 - 15 years exp. (12 salaries)	₹10 L/yr - ₹21 L/yr 24% more
IndusInd Bank IT Manager Salary 6 - 11 years exp. (9 salaries)	₹6 L/yr - ₹20 L/yr At par
Central Bank of India IT Manager Salary 1 - 5 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 4% less
Indian Overseas Bank IT Manager Salary 7 - 10 years exp. (6 salaries)	₹12.5 L/yr - ₹18 L/yr 16% more

IT Manager salary at Bank of Maharashtra ranges between ₹6.8 Lakhs to ₹15 Lakhs per year for employees with experience between 6 years to 9 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra IT Manager salaries in Engineering - Software & QA department

Last Updated: 23 May 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹12.5 L/yr
7 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹22.8 L/yr
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8 years (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
9 years (AmbitionBox Estimate)	₹5.5 L/yr - ₹15 L/yr

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Salary related reviews for Bank of Maharashtra

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.

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.

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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 IT Manager Salary FAQs

What is the salary of IT Manager at Bank of Maharashtra in Engineering - Software & QA department?

IT Manager salary at Bank of Maharashtra in Engineering - Software & QA department in India ranges between ₹6.8 Lakhs to ₹15.0 Lakhs for experience between 6 years to 9 years. According to our estimates it is 9% less than the average IT Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra India in Engineering - Software & QA department.

How does the salary of a IT Manager at Bank of Maharashtra India in Engineering - Software & QA department compare with the average salary range for this job?

The average salary of a IT Manager at Bank of Maharashtra in Engineering - Software & QA department is 9% less than the average salary of a IT Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a IT Manager in Engineering - Software & QA department in India?

Bank of Baroda IT Manager Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year
Indian Overseas Bank IT Manager Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
Punjab National Bank IT Manager Salary - ₹10.9 Lakhs to ₹18.0 Lakhs per year
Canara Bank IT Manager Salary - ₹10.0 Lakhs to ₹16.0 Lakhs per year
Axis Bank IT Manager Salary - ₹10.5 Lakhs to ₹15.5 Lakhs per year

What is the salary of a IT Manager in Engineering - Software & QA department in companies similar to Bank of Maharashtra in India?

IndusInd Bank IT Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Central Bank of India IT Manager Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Kotak Mahindra Bank IT Manager Salary - ₹11.0 Lakhs to ₹13.4 Lakhs per year
AU Small Finance Bank IT Manager Salary - ₹8.0 Lakhs to ₹17.0 Lakhs per year
HDFC Bank IT Manager Salary - ₹7.9 Lakhs to ₹15.0 Lakhs per year

What is the estimated take home salary of a IT Manager in Engineering - Software & QA department at Bank of Maharashtra in India?

The estimated take-home salary of a IT Manager in Engineering - Software & QA department at Bank of Maharashtra ranges between ₹93,188 per month to ₹95,689 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra IT Manager salary in India which ranges between ₹6.8 Lakhs to ₹15.0 Lakhs per year for employees with experience between 6 years to 9 years. Check how did we calculate take home salary?

What is the notice period for IT Manager in Engineering - Software & QA department at Bank of Maharashtra?

According to AmbitionBox, 100% of the Bank of Maharashtra IT Managers in Engineering - Software & QA department reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of Maharashtra IT Manager Salaries in Engineering - Software & QA

Bank of Maharashtra IT Manager salary in Engineering - Software & QA department in India ranges between ₹6.8 Lakhs to ₹15 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

Bank of Maharashtra IT Manager salaries in Engineering - Software & QA in India

Companies similar to Bank of Maharashtra for IT Manager in Engineering - Software & QA department

Latest annual salaries shared by Bank of Maharashtra IT Manager in Engineering - Software & QA department

Experience wise Bank of Maharashtra IT Manager salaries in Engineering - Software & QA department

Similar Designation salaries in Bank of Maharashtra

Salary related reviews for Bank of Maharashtra

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Bank of Maharashtra IT Manager Salary FAQs

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