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

6 - 10 years exp.

₹15.4 Lakhs - ₹18 Lakhs

Salary of majority employees

22% more than the average Manager Salary in Banking Companies for 6 - 10 years of experience

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Last Updated: 18 Dec 2024

Companies similar to Bank of Maharashtra for Manager in Surat

Bank of Maharashtra Manager Salary

6 - 10 years exp. (4 salaries)

₹15.4 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
ArcelorMittal Nippon Steel Manager Salary 10 - 19 years exp. (385 salaries)	₹7 L/yr - ₹21 L/yr 14% less
Reliance Industries Manager Salary 0 - 20 years exp. (217 salaries)	₹5 L/yr - ₹17.5 L/yr 25% less	1 job opening
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Larsen & Toubro Limited Manager Salary 8 - 23 years exp. (103 salaries)	₹8.5 L/yr - ₹28 L/yr 14% more	1 job opening
ArcelorMittal Manager Salary 10 - 18 years exp. (64 salaries)	₹7.3 L/yr - ₹22 L/yr 2% less
L&T–MHI Power Boilers Manager Salary 8 - 17 years exp. (35 salaries)	₹12.2 L/yr - ₹24 L/yr 19% more

Manager salary at Bank of Maharashtra ranges between ₹15.4 Lakhs to ₹18 Lakhs per year for employees with experience between 6 years to 10 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 Surat

Last Updated: 18 Dec 2024

Experience	Avg Annual Salary
6 years (3 salaries)	₹6.2 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)	₹14.2 L/yr - ₹18.1 L/yr
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8 years (AmbitionBox Estimate)	₹14.3 L/yr - ₹18.3 L/yr
9 years (AmbitionBox Estimate)	₹14.5 L/yr - ₹18.5 L/yr
10 years (AmbitionBox Estimate)	₹6.5 L/yr - ₹17.5 L/yr

Salary related reviews for Bank of Maharashtra

5.0

Rated by 1 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.

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.

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

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.

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.

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

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.

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Salary Discussions, Hike & Promotions

a senior consultant

Retention offer

Hello, Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L) I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance. The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte. Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too

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Bank of Maharashtra Manager Salary FAQs

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

Manager salary at Bank of Maharashtra in Surat ranges between ₹15.4 Lakhs to ₹18.0 Lakhs for experience between 6 years to 10 years. According to our estimates it is 22% more than the average Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra Surat.

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

The average salary of a Manager at Bank of Maharashtra is 22% more than the average salary of a Manager in Surat. To know exact salary insights, login to view.

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

L&T–MHI Power Boilers Manager Salary - ₹12.2 Lakhs to ₹24.0 Lakhs per year
Larsen & Toubro Limited Manager Salary - ₹8.5 Lakhs to ₹28.0 Lakhs per year

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

ArcelorMittal Manager Salary - ₹7.3 Lakhs to ₹22.0 Lakhs per year
ArcelorMittal Nippon Steel Manager Salary - ₹7.0 Lakhs to ₹21.0 Lakhs per year
Reliance Industries Manager Salary - ₹5.0 Lakhs to ₹17.5 Lakhs per year

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

The estimated take-home salary of a Manager at Bank of Maharashtra ranges between ₹1,08,383 per month to ₹1,11,375 per month in Surat. The take-home salary calculation is based on the average Bank of Maharashtra Manager salary in India which ranges between ₹15.4 Lakhs to ₹18.0 Lakhs per year for employees with experience between 6 years to 10 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 100% of the Bank of Maharashtra Managers in Surat 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 Surat

Bank of Maharashtra Manager salary in Surat ranges between ₹15.4 Lakhs to ₹18 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.