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

5 - 13 years exp.

₹7.1 Lakhs - ₹20 Lakhs

Salary of majority employees

9% 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. (107 salaries)	₹7 L/yr - ₹20 L/yr
Finance & Accounting Manager Salary 5 - 11 years exp. (23 salaries)	₹8 L/yr - ₹19.5 L/yr
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Customer Success, Service & Operations Manager Salary 5 - 10 years exp. (17 salaries)	₹9.5 L/yr - ₹18 L/yr
Human Resources Manager Salary 5 - 13 years exp. (6 salaries)	₹13 L/yr - ₹16.3 L/yr
Engineering - Software & QA Manager Salary 7 - 10 years exp. (5 salaries)	₹10 L/yr - ₹16.6 L/yr

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Last Updated: 17 Feb 2025

Companies similar to Bank of Maharashtra for Manager

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Salary 6 - 16 years exp. (523 salaries)	₹10 L/yr - ₹40 L/yr 53% more
ICICI Bank Manager Salary 0 - 18 years exp. (4.8k salaries)	₹5.5 L/yr - ₹18.5 L/yr 19% less
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HDFC Bank Manager Salary 0 - 19 years exp. (10.2k salaries)	₹5 L/yr - ₹14.5 L/yr 36% less
Axis Bank Manager Salary 0 - 18 years exp. (6.1k salaries)	₹4.9 L/yr - ₹14 L/yr 35% less	2 job openings
Punjab National Bank Manager Salary 3 - 11 years exp. (203 salaries)	₹7 L/yr - ₹23.3 L/yr 1% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (5.4k salaries)	₹4 L/yr - ₹12 L/yr 46% less
Yes Bank Manager Salary 0 - 17 years exp. (2.6k salaries)	₹4.3 L/yr - ₹13.4 L/yr 41% less
IDBI Bank Manager Salary 6 - 17 years exp. (660 salaries)	₹10 L/yr - ₹29 L/yr 31% more
Canara Bank Manager Salary 5 - 14 years exp. (368 salaries)	₹7.4 L/yr - ₹25 L/yr 9% more
Union Bank of India Manager Salary 5 - 13 years exp. (173 salaries)	₹7 L/yr - ₹23 L/yr 6% less

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Manager salary at Bank of Maharashtra ranges between ₹7.1 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 210 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Manager salaries

Last Updated: 17 Feb 2025

Experience	Avg Annual Salary
5 years (35 salaries)	₹7 L/yr - ₹18 L/yr
6 years (41 salaries)	₹7.7 L/yr - ₹20 L/yr
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7 years (39 salaries)	₹6 L/yr - ₹20 L/yr
8 years (33 salaries)	₹7 L/yr - ₹18.1 L/yr
9 years (26 salaries)	₹8 L/yr - ₹20 L/yr
10 years (17 salaries)	₹8 L/yr - ₹19.5 L/yr
11 years (10 salaries)	₹8.4 L/yr - ₹19 L/yr
12 years (6 salaries)	₹12 L/yr - ₹27.2 L/yr
13 years (3 salaries)	₹13 L/yr - ₹27.4 L/yr

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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.

38% hike

Chief Manager 9 - 15 years exp.

28% 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

(30 salaries)

₹10 L/yr - ₹20 L/yr

Deputy Manager Salary

(80 salaries)

₹5 L/yr - ₹13 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

3.7

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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Hi All, During a job opportunity, when the recruiter asked for my expected CTC, I mentioned 12 LPA, as my previous job's fixed salary was 7.8 LPA. Now, I’ve been shortlisted for the Product Designer role and have learned from some sources that their maximum budget is 14 LPA. How should I approach the negotiation? Would it be reasonable to ask for 14 LPA, considering I initially stated my expectation as 12 LPA? The job is based in Gurgaon, and I have 4.5 years of experience. Looking forward to your advice!

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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 ₹7.1 Lakhs to ₹20.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 9% less than the average Manager Salary in India. Salary estimates are based on 210 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 9% 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 ₹38.8 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
Bank of Baroda Manager Salary - ₹7.1 Lakhs to ₹28.0 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹28.9 Lakhs per year

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

Federal Bank Manager Salary - ₹7.8 Lakhs to ₹23.0 Lakhs per year
Canara Bank Manager Salary - ₹7.4 Lakhs to ₹25.0 Lakhs per year
Barclays Manager Salary - ₹8.0 Lakhs to ₹27.0 Lakhs per year
NatWest Group Manager Salary - ₹6.5 Lakhs to ₹27.0 Lakhs per year
HSBC Global Banking and Markets Manager Salary - ₹7.6 Lakhs to ₹22.3 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 ₹1,02,039 per month to ₹1,04,827 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Manager salary in India which ranges between ₹7.1 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, 71% 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 153 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Manager Salaries

Bank of Maharashtra Manager salary in India ranges between ₹7.1 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 210 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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Bank of Maharashtra Manager salaries in India

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

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Bank of Maharashtra Manager Salaries by Location