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Bank of Maharashtra Salaries in Nagpur (Updated 2025)

based on 28 latest salaries
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BFSI, Investments & Trading Customer Success, Service & Operations
Designation Avg Annual Salary Open Jobs
4 - 8 years exp. · Nagpur (AmbitionBox Estimate)
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₹9.1 L/yr - ₹10 L/yr

10 - 12 years exp. · Nagpur (AmbitionBox Estimate)
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₹11 L/yr - ₹17.5 L/yr

3 years exp. · Nagpur (AmbitionBox Estimate)
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₹0.5 L/yr - ₹0.7 L/yr

4 years exp. · Nagpur (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

Starting your career? Discover Bank of Maharashtra fresher salaries in India
4 years exp. · Nagpur (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

5 years exp. · Nagpur (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

7 years exp. · Nagpur (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.4 L/yr

Fresher · Nagpur (AmbitionBox Estimate)
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₹2.1 L/yr - ₹2.6 L/yr

1 year exp. · Nagpur (AmbitionBox Estimate)
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₹2.3 L/yr - ₹2.9 L/yr

4 years exp. · Nagpur (AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr

27 years exp. · Nagpur (AmbitionBox Estimate)
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₹3.9 L/yr - ₹4.9 L/yr

1 year exp. · Nagpur (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

5 years exp. · Nagpur (AmbitionBox Estimate)
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₹3.8 L/yr - ₹4.8 L/yr

1 year exp. · Nagpur (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.1 L/yr

9 years exp. · Nagpur (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

Fresher · Nagpur (AmbitionBox Estimate)
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₹1.9 L/yr - ₹2.5 L/yr

3 years exp. · Nagpur (AmbitionBox Estimate)
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₹0.1 L/yr - ₹0.2 L/yr

5 - 7 years exp. · Nagpur (6 salaries)
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₹10 L/yr - ₹15 L/yr

9 years exp. · Nagpur (AmbitionBox Estimate)
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₹12.4 L/yr - ₹22 L/yr

Fresher · Nagpur (AmbitionBox Estimate)
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₹1 L/yr - ₹1.2 L/yr

Last Updated: 14 Mar, 2025

Salary related reviews for Bank of Maharashtra

4.0

Rated by 3 employees for salary & benefits

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

 · 

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

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.

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  • 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

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

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  • 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.

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  • Skill development - Bad
  • +3 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.

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  • 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

Bank of Maharashtra Salary FAQs

How much does Bank of Maharashtra pay to its employees?
The average annual salary at Bank of Maharashtra varies depending on the role, experience, and location. The salary ranges for some popular designations at Bank of Maharashtra, are as follows:

Deputy Manager ₹9.1 Lakhs to ₹10 Lakhs per year
Branch Manager ₹11 Lakhs to ₹17.5 Lakhs per year
Back Office Computer Operator ₹0.5 Lakhs to ₹0.7 Lakhs per year
Factory Manager ₹4.1 Lakhs to ₹5.2 Lakhs per year

The highest-paying role, Assistant General Manager, earns between ₹24 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹22.2 Lakhs per year, and the top 1% earn over ₹39.3 Lakhs per year. 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 salary estimates are based on data from 28 salaries submitted by Bank of Maharashtra employees. Bank of Maharashtra is rated 4.0 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Bank of Maharashtra in Nagpur?
The salary of a fresher at Bank of Maharashtra in Nagpur typically ranges from ₹0.5 Lakh to ₹7.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Probationary Officer Salary ₹0.5 Lakhs to ₹7.8 Lakhs per year
Fresher as a Finance Intern Salary ₹1.5 Lakhs to ₹2 Lakhs per year
Fresher as a Accountant Salary ₹3 Lakhs to ₹3.5 Lakhs per year
Fresher as a Manager II Salary ₹12.5 Lakhs to ₹18 Lakhs per year

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Average annual salary in Bank of Maharashtra , Nagpur is INRunlock blur . Salary estimates are based on 28 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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