Bank of Maharashtra IT Officer Salaries by 4 Employees

7 - 15 years exp.

₹8.1 Lakhs - ₹11 Lakhs

Low Confidence

Salary of majority employees

95% more than the average IT Officer Salary in Banking Companies for 7 - 15 years of experience

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Last Updated: 24 Nov 2023

Companies similar to Bank of Maharashtra for IT Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India IT Officer Salary 3 - 7 years exp. (5 salaries)	₹8.5 L/yr - ₹18.7 L/yr 52% more
HDFC Bank IT Officer Salary 0 - 3 years exp. (133 salaries)	₹1.8 L/yr - ₹3.8 L/yr 73% less
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Punjab National Bank IT Officer Salary 2 - 8 years exp. (26 salaries)	₹7 L/yr - ₹15 L/yr 5% more
Canara Bank IT Officer Salary 2 - 6 years exp. (7 salaries)	₹8 L/yr - ₹14 L/yr 6% more
Union Bank of India IT Officer Salary 3 - 11 years exp. (4 salaries)	₹7 L/yr - ₹23 L/yr 33% more
Bank of India IT Officer Salary 2 - 8 years exp. (16 salaries)	₹6 L/yr - ₹14 L/yr At par
Bank of Baroda IT Officer Salary 0 - 10 years exp. (15 salaries)	₹8.5 L/yr - ₹18 L/yr 41% more
Federal Bank IT Officer Salary 0 - 2 years exp. (8 salaries)	₹10.4 L/yr - ₹12.5 L/yr 23% more
AU Small Finance Bank IT Officer Salary 2 - 4 years exp. (8 salaries)	₹2.5 L/yr - ₹9.1 L/yr 56% less
Equitas Small Finance Bank IT Officer Salary 1 - 4 years exp. (7 salaries)	₹1.3 L/yr - ₹5.8 L/yr 55% less
Ujjivan Small Finance Bank IT Officer Salary 1 - 5 years exp. (7 salaries)	₹2 L/yr - ₹4 L/yr 70% less
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Central Bank of India IT Officer Salary 3 - 11 years exp. (3 salaries)	₹11 L/yr - ₹17 L/yr 37% more
IDFC FIRST Bank IT Officer Salary 5 - 7 years exp. (3 salaries)	₹16.5 L/yr - ₹22 L/yr 97% more

IT Officer salary at Bank of Maharashtra ranges between ₹8.1 Lakhs to ₹11 Lakhs per year for employees with experience between 7 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra IT Officer salaries

Last Updated: 24 Nov 2023

Experience	Avg Annual Salary
7 years (AmbitionBox Estimate)	₹10 L/yr - ₹18.1 L/yr
8 years (AmbitionBox Estimate)	₹4 L/yr - ₹10 L/yr
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9 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹11.4 L/yr
10 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
11 years (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.2 L/yr
12 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.2 L/yr
13 years (AmbitionBox Estimate)	₹8.7 L/yr - ₹11.1 L/yr
14 years (AmbitionBox Estimate)	₹8.6 L/yr - ₹11 L/yr
15+ years (AmbitionBox Estimate)	₹8.1 L/yr - ₹11 L/yr

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Salary related reviews for Bank of Maharashtra

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

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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

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

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Bank of Maharashtra IT Officer Salary FAQs

What is the salary of IT Officer at Bank of Maharashtra?

IT Officer salary at Bank of Maharashtra in India ranges between ₹8.1 Lakhs to ₹11.0 Lakhs for experience between 7 years to 15 years. According to our estimates it is 95% more than the average IT Officer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra India.

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

The average salary of a IT Officer at Bank of Maharashtra is 95% more than the average salary of a IT Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a IT Officer in India?

IDFC FIRST Bank IT Officer Salary - ₹16.5 Lakhs to ₹22.0 Lakhs per year
State Bank of India IT Officer Salary - ₹8.5 Lakhs to ₹18.7 Lakhs per year
Bank of Baroda IT Officer Salary - ₹8.5 Lakhs to ₹18.0 Lakhs per year
Central Bank of India IT Officer Salary - ₹11.0 Lakhs to ₹17.0 Lakhs per year
Union Bank of India IT Officer Salary - ₹7.0 Lakhs to ₹23.0 Lakhs per year

What is the salary of a IT Officer in companies similar to Bank of Maharashtra in India?

Federal Bank IT Officer Salary - ₹10.4 Lakhs to ₹12.5 Lakhs per year
Canara Bank IT Officer Salary - ₹8.0 Lakhs to ₹14.0 Lakhs per year
Punjab National Bank IT Officer Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
Bank of India IT Officer Salary - ₹6.0 Lakhs to ₹14.0 Lakhs per year
Equitas Small Finance Bank IT Officer Salary - ₹1.3 Lakhs to ₹5.8 Lakhs per year

What is the estimated take home salary of a IT Officer at Bank of Maharashtra in India?

The estimated take-home salary of a IT Officer at Bank of Maharashtra ranges between ₹70,641 per month to ₹72,459 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra IT Officer salary in India which ranges between ₹8.1 Lakhs to ₹11.0 Lakhs per year for employees with experience between 7 years to 15 years. Check how did we calculate take home salary?

What is the notice period for IT Officer at Bank of Maharashtra?

According to AmbitionBox, 100% of the Bank of Maharashtra IT Officers 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 Officer Salaries

Bank of Maharashtra IT Officer salary in India ranges between ₹8.1 Lakhs to ₹11 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.