Bank of Maharashtra Manager Salaries by 200+ Employees (Updated 2025)

5 - 13 years exp.

₹7.3 Lakhs - ₹20 Lakhs

Salary of majority employees

8% 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. (109 salaries)	₹7 L/yr - ₹20 L/yr
Finance & Accounting Manager Salary 5 - 11 years exp. (25 salaries)	₹8 L/yr - ₹19.5 L/yr
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Customer Success, Service & Operations Manager Salary 5 - 10 years exp. (16 salaries)	₹10 L/yr - ₹18 L/yr
Human Resources Manager Salary 5 - 13 years exp. (6 salaries)	₹13 L/yr - ₹16.4 L/yr
Administration & Facilities Manager Salary 5 - 7 years exp. (4 salaries)	₹12.5 L/yr - ₹18 L/yr

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Last Updated: 24 Mar 2025

Companies similar to Bank of Maharashtra for Manager

Company name	Avg Annual Salary	Open Jobs
Yes Bank Manager Salary 0 - 17 years exp. (2.5k salaries)	₹4.3 L/yr - ₹13 L/yr 42% less
Standard Chartered Manager Salary 2 - 20 years exp. (2.1k salaries)	₹7 L/yr - ₹27.6 L/yr 13% more
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IndusInd Bank Manager Salary 0 - 16 years exp. (2k salaries)	₹2.6 L/yr - ₹11.7 L/yr 51% less	2 job openings
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (1.5k salaries)	₹3.5 L/yr - ₹13 L/yr 44% less
Bank of America Manager Salary 5 - 18 years exp. (1.1k salaries)	₹11 L/yr - ₹37 L/yr 69% more	6 job openings
Deutsche Bank Manager Salary 7 - 16 years exp. (753 salaries)	₹5.5 L/yr - ₹22.5 L/yr 11% less
IDBI Bank Manager Salary 6 - 17 years exp. (699 salaries)	₹10 L/yr - ₹29 L/yr 30% more
AU Small Finance Bank Manager Salary 3 - 14 years exp. (623 salaries)	₹3.7 L/yr - ₹14 L/yr 44% less	1 job opening
Bank of Baroda Manager Salary 5 - 14 years exp. (324 salaries)	₹7 L/yr - ₹28 L/yr 17% more
NatWest Group Manager Salary 7 - 15 years exp. (267 salaries)	₹7.3 L/yr - ₹24.8 L/yr 1% less

View all

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 211 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Manager salaries

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
5 years (35 salaries)	₹7 L/yr - ₹18 L/yr
6 years (43 salaries)	₹7.7 L/yr - ₹20 L/yr
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7 years (40 salaries)	₹6.1 L/yr - ₹20 L/yr
8 years (34 salaries)	₹7 L/yr - ₹20 L/yr
9 years (25 salaries)	₹8 L/yr - ₹20 L/yr
10 years (19 salaries)	₹9 L/yr - ₹19.5 L/yr
11 years (9 salaries)	₹8.4 L/yr - ₹19 L/yr
12 years (AmbitionBox Estimate)	₹13.9 L/yr - ₹17.7 L/yr
13 years (4 salaries)	₹13 L/yr - ₹17 L/yr

View all

From

Manager

₹

Lakhs/yr

5 - 13 years exp.

Chief Manager

₹

Lakhs/yr

9 - 15 years exp.

Manager 5 - 13 years exp.

Senior Manager 8 - 14 years exp.

41% hike

Chief Manager 9 - 15 years exp.

24% 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)

₹16.2 L/yr - ₹20.7 L/yr

Credit Manager Salary

(28 salaries)

₹10 L/yr - ₹20 L/yr

Deputy Manager Salary

(78 salaries)

₹5 L/yr - ₹12 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Chartered Accountant Salary

(4 salaries)

₹2.65 L/yr - ₹22.61 L/yr

Salary related reviews for Bank of Maharashtra

3.6

Rated by 35 employees for salary & benefits

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

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

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

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

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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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of Maharashtra Manager Salary FAQs

What is the salary of Manager at Bank of Maharashtra ?

The average salary of a Manager at Bank of Maharashtra in India typically ranges from ₹7.3 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 5 years to 13 years).

The top 10% of Manager at Bank of Maharashtra earn more than ₹17.2 Lakhs per year, and the top 1% earn over ₹20.0 Lakhs per year. Manager Salaries at Bank of Maharashtra can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 200+ Bank of Maharashtra employees in India.

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 in India typically ranges from ₹1,03,366 to ₹1,06,196 per month. This is based on the average salary range of ₹7.3 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 5 years to 13 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 200+ salaries received from various employees of Bank of Maharashtra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of Maharashtra for Manager in India?

Reserve Bank of India	₹14.7 Lakhs to ₹51.9 Lakhs per year
Bank of America	₹11.0 Lakhs to ₹37.0 Lakhs per year
IDBI Bank	₹10.0 Lakhs to ₹29.0 Lakhs per year
Bank of Baroda	₹7.0 Lakhs to ₹28.0 Lakhs per year
Standard Chartered	₹7.0 Lakhs to ₹27.6 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of Maharashtra, depending on the role and experience level.

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

The salary of a Manager at companies similar to Bank of Maharashtra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Federal Bank	₹7.8 Lakhs to ₹24.0 Lakhs per year
Barclays	₹7.9 Lakhs to ₹27.0 Lakhs per year
J&K Bank	₹10.0 Lakhs to ₹19.2 Lakhs per year
HSBC Global Banking and Markets	₹7.6 Lakhs to ₹21.0 Lakhs per year
Indian Overseas Bank	₹7.0 Lakhs to ₹25.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Manager at Bank of Maharashtra in India?

The salary growth for a Manager at Bank of Maharashtra depends on factors such as experience, performance, and promotions. On average, a Manager can expect the following growth trajectory at Bank of Maharashtra:

Experience	Average Salary Range
5 years	₹7.0 Lakhs to ₹18.0 Lakhs per year
6 years	₹7.7 Lakhs to ₹20.0 Lakhs per year
7 years	₹6.1 Lakhs to ₹20.0 Lakhs per year
8 years	₹7.0 Lakhs to ₹20.0 Lakhs per year

and so on.

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Bank of Maharashtra Manager Salaries

Bank of Maharashtra Manager salary in India ranges between ₹7.3 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 211 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

Bank of Maharashtra Manager salaries in India (Updated 2025)

Companies similar to Bank of Maharashtra for Manager

Latest annual salaries shared by Bank of Maharashtra Manager

Experience wise Bank of Maharashtra Manager salaries

Similar Designation salaries in Bank of Maharashtra

Salary related reviews for Bank of Maharashtra

Manager in Patna

Manager in Gujarat

Branch Manager in Pune

Assistant Manager in Pune

Operations Manager in Pune

Bank of Maharashtra Manager Salary FAQs

Tell us how to improve this page.

Bank of Maharashtra Manager Salaries by Location