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Bank of Maharashtra Manager salaries in Pune (Updated 2025)

Annual salary range
5 - 12 years exp.
₹7 Lakhs - ₹20 Lakhs
Salary of majority employees
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8% less than the average Manager Salary in Banking Companies for 5 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
5 - 12 years exp. (36 salaries)
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₹7 L/yr - ₹20 L/yr

Finance & Accounting
Manager Salary
5 - 11 years exp. (7 salaries)
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₹8.5 L/yr - ₹17 L/yr

Strategic & Top Management
Manager Salary
5 - 9 years exp. (4 salaries)
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₹12 L/yr - ₹17 L/yr

Customer Success, Service & Operations
Manager Salary
8 - 9 years exp. (3 salaries)
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₹11 L/yr - ₹17 L/yr

Administration & Facilities
Manager Salary
5 - 7 years exp. (3 salaries)
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₹15 L/yr - ₹18 L/yr

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Last Updated: 16 Mar 2025

Companies similar to Bank of Maharashtra for Manager in Pune

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Bank of Maharashtra Manager Salary

5 - 12 years exp. (64 salaries)

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₹7 L/yr - ₹20 L/yr

vs
Company name Avg Annual Salary Open Jobs
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Deutsche Bank Manager Salary

7 - 16 years exp. (135 salaries)

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₹6 L/yr - ₹21 L/yr

arrow icon 13% less
1 job opening
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Yes Bank Manager Salary

0 - 15 years exp. (120 salaries)

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₹4.6 L/yr - ₹12 L/yr

arrow icon 47% less
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IndusInd Bank Manager Salary

1 - 16 years exp. (100 salaries)

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₹3.7 L/yr - ₹13 L/yr

arrow icon 53% less
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IDFC FIRST Bank Manager Salary

1 - 11 years exp. (81 salaries)

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₹4.3 L/yr - ₹12 L/yr

arrow icon 49% less
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IDBI Bank Manager Salary

6 - 16 years exp. (46 salaries)

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₹10 L/yr - ₹26 L/yr

arrow icon 22% more
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Barclays Manager Salary

6 - 15 years exp. (28 salaries)

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₹7.9 L/yr - ₹27 L/yr

arrow icon 10% more
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AU Small Finance Bank Manager Salary

3 - 10 years exp. (22 salaries)

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₹5.1 L/yr - ₹14.4 L/yr

arrow icon 44% less
1 job opening
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Bank of Baroda Manager Salary

6 - 13 years exp. (20 salaries)

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₹8.5 L/yr - ₹19 L/yr

arrow icon 17% more
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Federal Bank Manager Salary

3 - 11 years exp. (19 salaries)

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₹8.5 L/yr - ₹19.4 L/yr

arrow icon 1% more
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Bank of India Manager Salary

4 - 11 years exp. (9 salaries)

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₹9.5 L/yr - ₹18 L/yr

arrow icon 11% less
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Central Bank of India Manager Salary

6 - 12 years exp. (8 salaries)

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₹10 L/yr - ₹15 L/yr

arrow icon 22% less
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Jana Small Finance Bank Manager Salary

4 - 11 years exp. (8 salaries)

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₹4.1 L/yr - ₹9.5 L/yr

arrow icon 59% less
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DBS Bank Manager Salary

4 - 8 years exp. (6 salaries)

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₹6.5 L/yr - ₹10 L/yr

arrow icon 44% less
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Indian Overseas Bank Manager Salary

9 - 11 years exp. (5 salaries)

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₹11 L/yr - ₹22 L/yr

arrow icon 5% less
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Indian Bank Manager Salary

9 - 12 years exp. (4 salaries)

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₹12 L/yr - ₹16 L/yr

arrow icon 5% less
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Equitas Small Finance Bank Manager Salary

6 - 14 years exp. (3 salaries)

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₹5.8 L/yr - ₹8.5 L/yr

arrow icon 48% less
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HSBC Global Banking and Markets Manager Salary

10 - 14 years exp. (3 salaries)

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₹10 L/yr - ₹17.4 L/yr

arrow icon 1% less
Manager salary at Bank of Maharashtra ranges between ₹7 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 12 years. Salary estimates are based on 64 latest salaries received from various employees of Bank of Maharashtra.

Latest annual salaries shared by Bank of Maharashtra Manager in Pune

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5 years exp.
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9 years exp.
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10 years exp.
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7 years exp.
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7 years exp.
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Experience wise Bank of Maharashtra Manager salaries in Pune

Last Updated: 16 Mar 2025

Experience Avg Annual Salary
5 years  (15 salaries)

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₹7 L/yr - ₹18 L/yr
6 years  (11 salaries)

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₹9 L/yr - ₹17.5 L/yr
7 years  (10 salaries)

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₹8.4 L/yr - ₹18 L/yr
8 years  (11 salaries)

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₹8.5 L/yr - ₹17 L/yr
9 years  (12 salaries)

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₹8.2 L/yr - ₹20 L/yr
View all
Bank of Maharashtra Manager Salary and Career Growth

From

To

Manager

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5 - 13 years exp.

Chief Manager

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9 - 15 years exp.

Manager 5 - 13 years exp.
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Senior Manager 8 - 14 years exp.
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arrow icon 50% hike
    Chief Manager 9 - 15 years exp.
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    arrow icon 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

    Deputy Manager Salary
    (18 salaries)
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    ₹5 L/yr - ₹12 L/yr
    Credit Manager Salary
    (11 salaries)
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    ₹10 L/yr - ₹19 L/yr

    Salary related reviews for Bank of Maharashtra

    3.8

    Rated by 17 employees for salary & benefits

    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.

    read more
    • Salary - Poor
    • +2 more

    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

    read more
    • 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.

    read more
    • Skill development - Bad
    • +3 more

    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.

    read more
    • Skill development - Poor
    • +4 more

    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.

    read more
    • 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 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.

    read more
    • 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.

    read more
    • Skill development - Poor
    • +3 more
    see more salary related reviews

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    Bank of Maharashtra Manager Salary FAQs

    What is the salary of Manager at Bank of Maharashtra in Pune?
    The average salary of a Manager at Bank of Maharashtra in Pune typically ranges from ₹7.0 Lakhs to ₹20.0 Lakhs per year, depending on experience (from 5 years to 12 years).

    The top 10% of Manager in Pune at Bank of Maharashtra earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹19.7 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 60+ Bank of Maharashtra employees in India.
    What is the estimated take home salary of a Manager at Bank of Maharashtra in Pune?
    The estimated take-home salary of a Manager at Bank of Maharashtra in Pune typically ranges from ₹1,07,673 to ₹1,10,643 per month. This is based on the average salary range of ₹7.0 Lakhs to ₹20.0 Lakhs per year for employees with experience ranging from 5 years to 12 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 60+ 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?
    IDBI Bank ₹10.0 Lakhs to ₹26.0 Lakhs per year
    Bank of Baroda ₹8.5 Lakhs to ₹19.0 Lakhs per year
    Barclays ₹7.9 Lakhs to ₹27.0 Lakhs per year
    Federal Bank ₹8.5 Lakhs to ₹19.4 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 Pune?
    The salary of a Manager at companies similar to Bank of Maharashtra in Pune varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    HSBC Global Banking and Markets ₹10.0 Lakhs to ₹17.4 Lakhs per year
    Indian Overseas Bank ₹11.0 Lakhs to ₹22.0 Lakhs per year
    Indian Bank ₹12.0 Lakhs to ₹16.0 Lakhs per year
    Bank of India ₹9.5 Lakhs to ₹18.0 Lakhs per year
    Deutsche Bank ₹6.0 Lakhs to ₹21.0 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 Pune?
    The salary growth for a Manager at Bank of Maharashtra in Pune depends on factors such as experience, performance, and promotions. On average, a Manager in Pune 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 ₹9.0 Lakhs to ₹17.5 Lakhs per year
    7 years ₹8.4 Lakhs to ₹18.0 Lakhs per year
    8 years ₹8.5 Lakhs to ₹17.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Bank of Maharashtra Manager salary in Pune ranges between ₹7 Lakhs to ₹20 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 64 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.