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Bank of Maharashtra

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3.5

based on 317 Reviews

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Bank of Maharashtra Salaries in Mumbai (Updated 2025)

based on 146 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Human Resources Customer Success, Service & Operations + 2 more
Designation Avg Annual Salary Open Jobs

Officer

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

Concurrent Auditor

9 years exp. · Mumbai (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Quality Engineer

Fresher · Mumbai (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Manager

5 - 13 years exp. · Mumbai (23 salaries)
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₹10 L/yr - ₹19 L/yr

Senior Manager

8 - 13 years exp. · Mumbai (15 salaries)
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₹10 L/yr - ₹28 L/yr

Banker

0 - 1 year exp. · Mumbai (AmbitionBox Estimate)
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₹1 L/yr - ₹4 L/yr

Heavy BUS Driver

19 years exp. · Mumbai (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

Last Updated: 8 Mar, 2025

Top trending discussions

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Salary Discussions, Hike & Promotions
2w (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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Salary related reviews for Bank of Maharashtra

3.6

Rated by 24 employees for salary & benefits

Senior Branch Manager in Mumbai

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Aug 2018
4.0
 for  Salary and Benefits

Likes

...opportunity for promotion and carrier growth. Good work culture and environment. Better salary structure in the banking sector.

read more
  • Salary - Good
    • +5 more

Dislikes

Pessimistic business approach.

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.

read more
  • Skill development - Poor
    • +4 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.

read more
  • Salary - Poor
    • +2 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.

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

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

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
see more salary related reviews

Bank of Maharashtra interview questions by designations

Manager (5)Offce Assistant (1)Officer Scale 2 (1)Assistant Manager (1)
View all 14 interview experiences

Know more about Bank of Maharashtra Mumbai

More about working at Bank of Maharashtra

Bank of Maharashtra Salary FAQs

How much does Bank of Maharashtra pay per year?
The average Bank of Maharashtra salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Apprentice and ₹24 Lakhs to ₹42 Lakhs per year for a Assistant General Manager. Salary estimates are based on 146 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 3.6/5 stars.
What is the highest salary in Bank of Maharashtra?
The highest-paying job at Bank of Maharashtra is a Assistant General Manager with a salary of ₹24 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹22 lakhs per year. The top 1% earn more than a whopping ₹39.31 lakhs per year.
What is the minimum salary in Bank of Maharashtra?
Minimum salary at Bank of Maharashtra depends on the role you are applying for. For Probationary Officer the minimum salary is ₹0.5 Lakh to ₹8 Lakhs per year, and for Deputy Manager the minimum salary is ₹5 Lakhs to ₹12 Lakhs per year and so on.
What is the salary package for freshers in Bank of Maharashtra?
The average salary at Bank of Maharashtra for freshers is ₹6.1 Lakhs per year for Probationary Officer.
What is the notice period at Bank of Maharashtra in Mumbai?
According to AmbitionBox, 49% of the Bank of Maharashtra employees in Mumbai reported a notice period of 3 Months, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 102 responses on AmbitionBox in last 2 years.

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Average annual salary in Bank of Maharashtra , Mumbai is INRunlock blur . Salary estimates are based on 146 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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