Bank of Maharashtra Manager II Salaries by 6 Employees (Updated 2024)

0 - 12 years exp.

₹12 Lakhs - ₹18 Lakhs

Low Confidence

Salary of majority employees

27% less than the average Manager II Salary in Banking Companies for 0 - 12 years of experience

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Salaries in different departments

Customer Success, Service & Operations Manager II Salary 0 - 7 years exp. (AmbitionBox Estimate)	₹12.5 L/yr - ₹15 L/yr
Sales & Business Development Manager II Salary 5 - 12 years exp. (AmbitionBox Estimate)	₹14 L/yr - ₹16 L/yr
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BFSI, Investments & Trading Manager II Salary Fresher (AmbitionBox Estimate)	₹16.2 L/yr - ₹19.8 L/yr
Finance & Accounting Manager II Salary 12 years exp. (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.2 L/yr

Last Updated: 7 Nov 2024

Companies similar to Bank of Maharashtra for Manager II

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Manager II Salary 3 - 16 years exp. (386 salaries)	₹8.5 L/yr - ₹24.7 L/yr 12% more
HDFC Bank Manager II Salary 3 - 11 years exp. (9 salaries)	₹5 L/yr - ₹11.1 L/yr 30% less
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Axis Bank Manager II Salary 6 - 13 years exp. (8 salaries)	₹7.2 L/yr - ₹13 L/yr 41% less
Punjab National Bank Manager II Salary 9 - 31 years exp. (7 salaries)	₹7 L/yr - ₹15 L/yr 24% less
Kotak Mahindra Bank Manager II Salary 4 - 14 years exp. (15 salaries)	₹5.5 L/yr - ₹8.8 L/yr 54% less
Bank of Baroda Manager II Salary 8 - 12 years exp. (6 salaries)	₹12 L/yr - ₹15 L/yr 6% less
Canara Bank Manager II Salary 4 - 12 years exp. (5 salaries)	₹14 L/yr - ₹20 L/yr 8% more
IndusInd Bank Manager II Salary 3 - 15 years exp. (5 salaries)	₹4.2 L/yr - ₹9.6 L/yr 52% less
Yes Bank Manager II Salary 5 - 9 years exp. (4 salaries)	₹5.6 L/yr - ₹7.9 L/yr 52% less
Equitas Small Finance Bank Manager II Salary 5 - 20 years exp. (15 salaries)	₹6 L/yr - ₹10 L/yr 43% less
AU Small Finance Bank Manager II Salary 2 - 10 years exp. (13 salaries)	₹3.5 L/yr - ₹10 L/yr 63% less
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IDBI Bank Manager II Salary 5 - 15 years exp. (6 salaries)	₹9 L/yr - ₹25 L/yr 5% less
IDFC FIRST Bank Manager II Salary 1 - 12 years exp. (5 salaries)	₹5.3 L/yr - ₹8.5 L/yr 52% less
Federal Bank Manager II Salary 4 - 10 years exp. (5 salaries)	₹10 L/yr - ₹21 L/yr 2% more
Central Bank of India Manager II Salary 7 - 8 years exp. (4 salaries)	₹14 L/yr - ₹17 L/yr 6% more
Indian Bank Manager II Salary 9 - 25 years exp. (4 salaries)	₹10.5 L/yr - ₹16 L/yr 14% less
Indian Overseas Bank Manager II Salary 9 - 17 years exp. (3 salaries)	₹14.5 L/yr - ₹18 L/yr 11% more

Manager II salary at Bank of Maharashtra ranges between ₹12 Lakhs to ₹18 Lakhs per year for employees with less than 1 year of experience to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Manager II salaries

Last Updated: 7 Nov 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹12.5 L/yr - ₹18 L/yr
1 year (AmbitionBox Estimate)	₹14 L/yr - ₹17.9 L/yr
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2 years (AmbitionBox Estimate)	₹13.8 L/yr - ₹17.7 L/yr
3 years (AmbitionBox Estimate)	₹13.6 L/yr - ₹17.4 L/yr
4 years (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹16 L/yr
6 years (AmbitionBox Estimate)	₹13.1 L/yr - ₹16.8 L/yr
7 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr
8 years (AmbitionBox Estimate)	₹12.8 L/yr - ₹16.4 L/yr
9 years (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
10 years (AmbitionBox Estimate)	₹12.5 L/yr - ₹15.9 L/yr
11 years (AmbitionBox Estimate)	₹12.3 L/yr - ₹15.7 L/yr
12 years (AmbitionBox Estimate)	₹12 L/yr - ₹14 L/yr

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Salary related reviews for Bank of Maharashtra

2.3

Rated by 2 employees for salary & benefits

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.

Data Entry Jobs in Pune

Branch Banking Department

5.0

• posted on 24 Mar 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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

see more salary related reviews

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Salary Discussions, Hike & Promotions

a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bank of Maharashtra Manager II Salary FAQs

What is the salary of Manager II at Bank of Maharashtra?

Manager II salary at Bank of Maharashtra in India ranges between ₹12.0 Lakhs to ₹18.0 Lakhs for less than 1 year of experience to 12 years. According to our estimates it is 27% less than the average Manager II Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bank of Maharashtra India.

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

The average salary of a Manager II at Bank of Maharashtra is 27% less than the average salary of a Manager II in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Manager II in India?

ICICI Bank Manager II Salary - ₹8.5 Lakhs to ₹24.7 Lakhs per year
Indian Overseas Bank Manager II Salary - ₹14.5 Lakhs to ₹18.0 Lakhs per year
Canara Bank Manager II Salary - ₹14.0 Lakhs to ₹20.0 Lakhs per year
Central Bank of India Manager II Salary - ₹14.0 Lakhs to ₹17.0 Lakhs per year
Federal Bank Manager II Salary - ₹10.0 Lakhs to ₹21.0 Lakhs per year

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

IDBI Bank Manager II Salary - ₹9.0 Lakhs to ₹25.0 Lakhs per year
Bank of Baroda Manager II Salary - ₹12.0 Lakhs to ₹15.0 Lakhs per year
Indian Bank Manager II Salary - ₹10.5 Lakhs to ₹16.0 Lakhs per year
Punjab National Bank Manager II Salary - ₹7.0 Lakhs to ₹15.0 Lakhs per year
HDFC Bank Manager II Salary - ₹5.0 Lakhs to ₹11.1 Lakhs per year

What is the estimated take home salary of a Manager II at Bank of Maharashtra in India?

The estimated take-home salary of a Manager II at Bank of Maharashtra ranges between ₹1,01,204 per month to ₹1,03,965 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Manager II salary in India which ranges between ₹12.0 Lakhs to ₹18.0 Lakhs per year for employees with less than 1 year of experience to 12 years. Check how did we calculate take home salary?

What is the notice period for Manager II at Bank of Maharashtra?

According to AmbitionBox, 60% of the Bank of Maharashtra Manager IIs reported a notice period of 3 Months, 40% reported a notice period of 15 days or less.This is based on 5 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Manager II Salaries

Bank of Maharashtra Manager II salary in India ranges between ₹12 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.