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Bank of Maharashtra Manager salaries in India (Updated 2025)

Annual salary range
5 - 13 years exp.
₹7.3 Lakhs - ₹20 Lakhs
Salary of majority employees
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13% less than the average Manager Salary in Banking Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
5 - 13 years exp. (111 salaries)
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₹7 L/yr - ₹20 L/yr

Finance & Accounting
Manager Salary
5 - 11 years exp. (25 salaries)
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₹8 L/yr - ₹19.5 L/yr

Customer Success, Service & Operations
Manager Salary
5 - 10 years exp. (16 salaries)
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₹10 L/yr - ₹18 L/yr

Human Resources
Manager Salary
5 - 13 years exp. (6 salaries)
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₹13 L/yr - ₹15.4 L/yr

Administration & Facilities
Manager Salary
5 - 10 years exp. (5 salaries)
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₹8 L/yr - ₹18 L/yr

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Last Updated: 16 Mar 2025

Companies similar to Bank of Maharashtra for Manager

Company name Avg Annual Salary Open Jobs
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State Bank of India Manager Salary

6 - 16 years exp. (522 salaries)

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₹10 L/yr - ₹40 L/yr

arrow icon 62% more
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ICICI Bank Manager Salary

0 - 18 years exp. (4.8k salaries)

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₹5.6 L/yr - ₹18.6 L/yr

arrow icon 14% less
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HDFC Bank Manager Salary

0 - 18 years exp. (10.2k salaries)

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₹5 L/yr - ₹14.6 L/yr

arrow icon 33% less
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Axis Bank Manager Salary

0 - 18 years exp. (6.1k salaries)

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₹4.9 L/yr - ₹14 L/yr

arrow icon 32% less
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Punjab National Bank Manager Salary

3 - 11 years exp. (205 salaries)

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₹7 L/yr - ₹22 L/yr

arrow icon 4% more
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Kotak Mahindra Bank Manager Salary

0 - 15 years exp. (5.4k salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 43% less
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Yes Bank Manager Salary

0 - 17 years exp. (2.5k salaries)

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₹4 L/yr - ₹13.1 L/yr

arrow icon 39% less
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IDBI Bank Manager Salary

6 - 17 years exp. (653 salaries)

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₹10 L/yr - ₹29 L/yr

arrow icon 37% more
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Canara Bank Manager Salary

4 - 14 years exp. (342 salaries)

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₹8.4 L/yr - ₹25 L/yr

arrow icon 17% more
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Union Bank of India Manager Salary

5 - 13 years exp. (173 salaries)

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₹7 L/yr - ₹23 L/yr

At par
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Manager salary at Bank of Maharashtra ranges between ₹7.3 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 212 latest salaries received from various employees of Bank of Maharashtra.

Latest annual salaries shared by Bank of Maharashtra Manager

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7 years exp.
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Experience wise Bank of Maharashtra Manager salaries

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
5 years  (34 salaries)

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₹7 L/yr - ₹18 L/yr
6 years  (42 salaries)

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₹7.7 L/yr - ₹18 L/yr
7 years  (41 salaries)

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₹6.1 L/yr - ₹20 L/yr
8 years  (33 salaries)

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₹7 L/yr - ₹20 L/yr
9 years  (27 salaries)

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₹8 L/yr - ₹20 L/yr
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Bank of Maharashtra Manager Salary and Career Growth

From

To

Manager

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5 - 13 years exp.

Chief Manager

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9 - 15 years exp.

Manager 5 - 13 years exp.
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Senior Manager 8 - 14 years exp.
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arrow icon 51% hike
    Chief Manager 9 - 15 years exp.
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    arrow icon 23% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

    Similar Designation salaries in Bank of Maharashtra

    Audit Manager Salary
    (AmbitionBox Estimate)
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    ₹16.2 L/yr - ₹20.7 L/yr
    Credit Manager Salary
    (28 salaries)
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    ₹10 L/yr - ₹20 L/yr
    Deputy Manager Salary
    (78 salaries)
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    ₹5 L/yr - ₹12 L/yr
    Management Trainee Salary
    (AmbitionBox Estimate)
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    ₹2.7 L/yr - ₹3.5 L/yr
    Senior Associate Salary
    (AmbitionBox Estimate)
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    ₹15.3 L/yr - ₹19.5 L/yr
    Deputy General Manager Salary
    (AmbitionBox Estimate)
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    ₹31.5 L/yr - ₹40.3 L/yr
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    ₹2.65 L/yr - ₹22.61 L/yr

    Salary related reviews for Bank of Maharashtra

    3.6

    Rated by 35 employees for salary & benefits

    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.

    read more
    • Salary - Poor
    • +2 more

    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

    read more
    • 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.

    read more
    • Skill development - Bad
    • +3 more

    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.

    read more
    • Skill development - Poor
    • +4 more

    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.

    read more
    • 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

    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.

    read more
    • 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.

    read more
    • Skill development - Poor
    • +3 more
    see more salary related reviews

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    Bank of Maharashtra Manager Salary FAQs

    What is the salary of Manager at Bank of Maharashtra?
    Manager salary at Bank of Maharashtra in India ranges between ₹7.3 Lakhs to ₹20.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 13% less than the average Manager Salary in India. Salary estimates are based on 212 latest salaries received from various employees of Bank of Maharashtra India.
    How does the salary of a Manager at Bank of Maharashtra India compare with the average salary range for this job?
    The average salary of a Manager at Bank of Maharashtra is 13% less than the average salary of a Manager in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Bank of Maharashtra to a Manager in India?
    • Bank of America Manager Salary - ₹11.5 Lakhs to ₹38.0 Lakhs per year
    • State Bank of India Manager Salary - ₹10.0 Lakhs to ₹40.0 Lakhs per year
    • IDBI Bank Manager Salary - ₹10.0 Lakhs to ₹29.0 Lakhs per year
    • State Street Bank Manager Salary - ₹10.3 Lakhs to ₹31.0 Lakhs per year
    • Bank of Baroda Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
    What is the salary of a Manager in companies similar to Bank of Maharashtra in India?
    • Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹27.0 Lakhs per year
    • Federal Bank Manager Salary - ₹7.8 Lakhs to ₹24.0 Lakhs per year
    • Canara Bank Manager Salary - ₹8.4 Lakhs to ₹25.0 Lakhs per year
    • Barclays Manager Salary - ₹7.9 Lakhs to ₹27.0 Lakhs per year
    • NatWest Group Manager Salary - ₹7.3 Lakhs to ₹24.5 Lakhs per year
    What is the estimated take home salary of a Manager at Bank of Maharashtra in India?
    The estimated take-home salary of a Manager at Bank of Maharashtra ranges between ₹98,307 per month to ₹1,00,974 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Manager salary in India which ranges between ₹7.3 Lakhs to ₹20.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?
    What is the notice period for Manager at Bank of Maharashtra?
    According to AmbitionBox, 70% of the Bank of Maharashtra Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 152 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Bank of Maharashtra Manager salary in India ranges between ₹7.3 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 212 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.