Bank of Maharashtra Manager Salaries by 200+ Employees (Updated 2025)

5 - 13 years exp.

₹7.3 Lakhs - ₹20 Lakhs

Avg. annual salary

Monthly In-hand Salary

12% less than the average Manager Salary in Banking Companies for 5 - 13 years of experience

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Last Updated: 24 Mar 2025

Companies similar to Bank of Maharashtra for Manager

Company name	Avg Annual Salary	Open Jobs
Yes Bank Manager Salary 0 - 17 years exp. (2.5k salaries)	₹4.3 L/yr - ₹13 L/yr 39% less
IndusInd Bank Manager Salary 0 - 16 years exp. (2k salaries)	₹3.2 L/yr - ₹12 L/yr 48% less	3 job openings
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Standard Chartered Manager Salary 2 - 20 years exp. (2.1k salaries)	₹7 L/yr - ₹27 L/yr 16% more
IDFC FIRST Bank Manager Salary 1 - 14 years exp. (1.4k salaries)	₹3.5 L/yr - ₹12.1 L/yr 41% less
IDBI Bank Manager Salary 6 - 17 years exp. (703 salaries)	₹10 L/yr - ₹29 L/yr 35% more
Deutsche Bank Manager Salary 7 - 16 years exp. (752 salaries)	₹5.5 L/yr - ₹22.5 L/yr 7% less	1 job opening
AU Small Finance Bank Manager Salary 3 - 14 years exp. (618 salaries)	₹3.7 L/yr - ₹14 L/yr 42% less	1 job opening
Bank of America Manager Salary 5 - 18 years exp. (1.1k salaries)	₹11 L/yr - ₹37 L/yr 77% more	4 job openings
Federal Bank Manager Salary 3 - 12 years exp. (264 salaries)	₹7.8 L/yr - ₹24 L/yr 14% more
Bank of Baroda Manager Salary 5 - 14 years exp. (323 salaries)	₹7 L/yr - ₹25 L/yr 22% more

View all

Manager salary at Bank of Maharashtra ranges between ₹7.3 Lakhs to ₹20 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 212 latest salaries received from various employees of Bank of Maharashtra.

Latest annual salaries shared by Bank of Maharashtra Manager

1w ago

₹15 Lakhs

11 years exp.

1w ago

₹16.4 Lakhs

7 years exp.

2w ago

₹18 Lakhs

5 years exp.

3w ago

₹15 Lakhs

5 years exp.

3w ago

₹12 Lakhs

7 years exp.

3w ago

7 years exp.

3w ago

10 years exp.

1mo ago

9 years exp.

1mo ago

10 years exp.

1mo ago

10 years exp.

Experience wise Bank of Maharashtra Manager salaries

Last Updated: 24 Mar 2025

Experience	Avg Annual Salary
5 years (35 salaries)	₹7 L/yr - ₹18 L/yr
6 years (43 salaries)	₹7.7 L/yr - ₹20 L/yr
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7 years (40 salaries)	₹6.1 L/yr - ₹20 L/yr
8 years (34 salaries)	₹7 L/yr - ₹20 L/yr
9 years (25 salaries)	₹8 L/yr - ₹20 L/yr
10 years (20 salaries)	₹9 L/yr - ₹20 L/yr
11 years (9 salaries)	₹8.4 L/yr - ₹19 L/yr
12 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹17 L/yr
13 years (4 salaries)	₹13 L/yr - ₹17 L/yr

View all

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.

50% hike

Chief Manager 9 - 15 years exp.

22% 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

Audit Manager Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Credit Manager Salary

(28 salaries)

₹10 L/yr - ₹20 L/yr

Deputy Manager Salary

(78 salaries)

₹5 L/yr - ₹12 L/yr

Management Trainee Salary

(AmbitionBox Estimate)

₹2.7 L/yr - ₹3.5 L/yr

Senior Associate Salary

(AmbitionBox Estimate)

₹15.3 L/yr - ₹19.5 L/yr

Deputy General Manager Salary

(AmbitionBox Estimate)

₹31.5 L/yr - ₹40.3 L/yr

Chartered Accountant Salary

(4 salaries)

₹2.65 L/yr - ₹22.61 L/yr

Salary related reviews for Bank of Maharashtra

3.3

Rated by 17 employees for salary & benefits

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

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

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

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Bank of Maharashtra Manager Salaries by Location

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Bank of Maharashtra Manager Salaries

Bank of Maharashtra Manager salary in India ranges between ₹7.3 Lakhs to ₹20 Lakhs with an average annual salary of ₹. Salary estimates are based on 212 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

Bank of Maharashtra Manager salaries in India (Updated 2025)

Companies similar to Bank of Maharashtra for Manager

Latest annual salaries shared by Bank of Maharashtra Manager

Experience wise Bank of Maharashtra Manager salaries

Similar Designation salaries in Bank of Maharashtra

Salary related reviews for Bank of Maharashtra

Manager in Gujarat

Manager in Patna

Branch Manager in Pune

Assistant Manager in Pune

Operations Manager in Pune

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Bank of Maharashtra Manager Salaries by Location