Bank of Maharashtra Chennai Manager Salaries by 4 Employees (Updated 2025)

6 - 8 years exp.

₹8 Lakhs - ₹15.7 Lakhs

Salary of majority employees

11% less than the average Manager Salary in Banking Companies for 6 - 8 years of experience

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Salaries in different departments

BFSI, Investments & Trading Manager Salary 6 - 8 years exp. (3 salaries)	₹8 L/yr - ₹15.4 L/yr
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Customer Success, Service & Operations Manager Salary 6 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹14.1 L/yr

Last Updated: 4 Jun 2024

Companies similar to Bank of Maharashtra for Manager in Chennai

Bank of Maharashtra Manager Salary

6 - 8 years exp. (4 salaries)

₹8 L/yr - ₹15.7 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Manager Salary 6 - 15 years exp. (44 salaries)	₹11 L/yr - ₹30 L/yr 52% more
ICICI Bank Manager Salary 0 - 18 years exp. (202 salaries)	₹5.1 L/yr - ₹20 L/yr 24% less
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HDFC Bank Manager Salary 0 - 18 years exp. (1k salaries)	₹4.1 L/yr - ₹15 L/yr 43% less
Axis Bank Manager Salary 0 - 18 years exp. (393 salaries)	₹4 L/yr - ₹15.6 L/yr 37% less	2 job openings
Punjab National Bank Manager Salary 4 - 11 years exp. (8 salaries)	₹7.8 L/yr - ₹20.5 L/yr 2% more
Kotak Mahindra Bank Manager Salary 0 - 16 years exp. (282 salaries)	₹3 L/yr - ₹11 L/yr 51% less
Yes Bank Manager Salary 2 - 16 years exp. (224 salaries)	₹4.5 L/yr - ₹14.4 L/yr 43% less
IDBI Bank Manager Salary 6 - 15 years exp. (44 salaries)	₹9.7 L/yr - ₹23.5 L/yr 32% more
Canara Bank Manager Salary 5 - 12 years exp. (29 salaries)	₹8.4 L/yr - ₹19 L/yr 5% more
Union Bank of India Manager Salary 6 - 12 years exp. (7 salaries)	₹8 L/yr - ₹15 L/yr 6% less

View all

Manager salary at Bank of Maharashtra ranges between ₹8 Lakhs to ₹15.7 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Manager salaries in Chennai

Last Updated: 4 Jun 2024

Experience	Avg Annual Salary
6 years (AmbitionBox Estimate)	₹8 L/yr - ₹25.7 L/yr
7 years (AmbitionBox Estimate)	₹13 L/yr - ₹16.7 L/yr
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8 years (AmbitionBox Estimate)	₹11.4 L/yr - ₹26.4 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.

39% hike

Chief Manager 9 - 15 years exp.

25% 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.

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 Negotiation in an interview

Hi, I have had a first round of interview with the company. And mentioned my salary expectations as 15- 20% from my previous LPA. But after that I feel like I have undervalued my expectations. Being in the field for 9 years with the required skill, considering the market and the prospect company is a well known builder, i should have asked more. Anyway a face to face interview is scheduled next week. How to ask them a higher salary from what I have mentioned earlier. And how much I can ask more. Please help. Thanks in advance.

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Bank of Maharashtra Manager Salary FAQs

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

Manager salary at Bank of Maharashtra in Chennai ranges between ₹8.0 Lakhs to ₹15.7 Lakhs for experience between 6 years to 8 years. According to our estimates it is 11% less than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra Chennai.

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

The average salary of a Manager at Bank of Maharashtra is 11% less than the average salary of a Manager in Chennai. To know exact salary insights, login to view.

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

Bank of America Manager Salary - ₹11.0 Lakhs to ₹32.0 Lakhs per year
State Bank of India Manager Salary - ₹11.0 Lakhs to ₹30.0 Lakhs per year
IDBI Bank Manager Salary - ₹9.7 Lakhs to ₹23.5 Lakhs per year
Bank of Baroda Manager Salary - ₹7.5 Lakhs to ₹23.5 Lakhs per year
Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹24.1 Lakhs per year

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

Canara Bank Manager Salary - ₹8.4 Lakhs to ₹19.0 Lakhs per year
Federal Bank Manager Salary - ₹9.0 Lakhs to ₹22.0 Lakhs per year
Punjab National Bank Manager Salary - ₹7.8 Lakhs to ₹20.5 Lakhs per year
Indian Overseas Bank Manager Salary - ₹9.0 Lakhs to ₹20.0 Lakhs per year
Indian Bank Manager Salary - ₹6.8 Lakhs to ₹21.0 Lakhs per year

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

The estimated take-home salary of a Manager at Bank of Maharashtra ranges between ₹1,02,953 per month to ₹1,05,770 per month in Chennai. The take-home salary calculation is based on the average Bank of Maharashtra Manager salary in India which ranges between ₹8.0 Lakhs to ₹15.7 Lakhs per year for employees with experience between 6 years to 8 years. Check how did we calculate take home salary?

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

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

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Bank of Maharashtra Manager Salaries in Chennai

Bank of Maharashtra Manager salary in Chennai ranges between ₹8 Lakhs to ₹15.7 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.