Bank of Maharashtra Bhopal Manager Salaries by 6 Employees (Updated 2025)

5 - 8 years exp.

₹9.3 Lakhs - ₹15 Lakhs

Salary of majority employees

14% more than the average Manager Salary in Banking Companies for 5 - 8 years of experience

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Salaries in different departments

Finance & Accounting Manager Salary 5 - 6 years exp. (AmbitionBox Estimate)	₹12 L/yr - ₹15 L/yr
BFSI, Investments & Trading Manager Salary 8 years exp. (AmbitionBox Estimate)	₹9.3 L/yr - ₹15.3 L/yr
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Customer Success, Service & Operations Manager Salary 8 years exp. (AmbitionBox Estimate)	₹12.6 L/yr - ₹14 L/yr

Last Updated: 4 Jan 2025

Companies similar to Bank of Maharashtra for Manager in Bhopal

Bank of Maharashtra Manager Salary

5 - 8 years exp. (6 salaries)

₹9.3 L/yr - ₹15 L/yr

Company name	Avg Annual Salary	Open Jobs
Canara Bank Manager Salary 6 - 12 years exp. (13 salaries)	₹9 L/yr - ₹17 L/yr 7% more
Jana Small Finance Bank Manager Salary 5 - 12 years exp. (10 salaries)	₹4.8 L/yr - ₹7 L/yr 58% less
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Dilip Buildcon Manager Salary 4 - 17 years exp. (57 salaries)	₹5.7 L/yr - ₹17.5 L/yr 26% less
Trident Group Manager Salary 4 - 16 years exp. (47 salaries)	₹6 L/yr - ₹20 L/yr 14% less
Tafe Motors & Tractors Manager Salary 13 - 20 years exp. (30 salaries)	₹12 L/yr - ₹20 L/yr 5% more

Manager salary at Bank of Maharashtra ranges between ₹9.3 Lakhs to ₹15 Lakhs per year for employees with experience between 5 years to 8 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Manager salaries in Bhopal

Last Updated: 4 Jan 2025

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹12 L/yr - ₹25.8 L/yr
6 years (AmbitionBox Estimate)	₹5.8 L/yr - ₹15 L/yr
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7 years (AmbitionBox Estimate)	₹12 L/yr - ₹26.3 L/yr
8 years (AmbitionBox Estimate)	₹9.3 L/yr - ₹26.6 L/yr

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.

42% hike

Chief Manager 9 - 15 years exp.

27% 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

Deputy Manager Salary

(3 salaries)

₹7.2 L/yr - ₹11 L/yr

Salary related reviews for Bank of Maharashtra

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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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Bank of Maharashtra Manager Salary FAQs

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

Manager salary at Bank of Maharashtra in Bhopal ranges between ₹9.3 Lakhs to ₹15.0 Lakhs for experience between 5 years to 8 years. According to our estimates it is 14% more than the average Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bank of Maharashtra Bhopal.

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

The average salary of a Manager at Bank of Maharashtra is 14% more than the average salary of a Manager in Bhopal. To know exact salary insights, login to view.

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

Canara Bank Manager Salary - ₹9.0 Lakhs to ₹17.0 Lakhs per year
Tafe Motors & Tractors Manager Salary - ₹12.0 Lakhs to ₹20.0 Lakhs per year

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

Trident Group Manager Salary - ₹6.0 Lakhs to ₹20.0 Lakhs per year
Dilip Buildcon Manager Salary - ₹5.7 Lakhs to ₹17.5 Lakhs per year
Jana Small Finance Bank Manager Salary - ₹4.8 Lakhs to ₹7.0 Lakhs per year

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

The estimated take-home salary of a Manager at Bank of Maharashtra ranges between ₹1,03,189 per month to ₹1,06,014 per month in Bhopal. The take-home salary calculation is based on the average Bank of Maharashtra Manager salary in India which ranges between ₹9.3 Lakhs to ₹15.0 Lakhs per year for employees with experience between 5 years to 8 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bank of Maharashtra Managers in Bhopal reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Manager Salaries in Bhopal

Bank of Maharashtra Manager salary in Bhopal ranges between ₹9.3 Lakhs to ₹15 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.