Bank of Maharashtra New Delhi Salaries by 70+ Employees (Updated 2025)

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BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Engineering - Software & QA + 1 more

Designation	Avg Annual Salary	Open Jobs
Deputy Manager 2 - 8 years exp. · New Delhi (14 salaries)	₹5 L/yr - ₹12 L/yr
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Credit Manager 5 - 10 years exp. · New Delhi (6 salaries)	₹11.5 L/yr - ₹20 L/yr
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Branch Manager 5 - 8 years exp. · New Delhi (4 salaries)	₹11 L/yr - ₹20 L/yr
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IT Manager 4 - 7 years exp. · New Delhi (3 salaries)	₹12.5 L/yr - ₹14.5 L/yr
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Chief Manager 11 - 13 years exp. · New Delhi (3 salaries)	₹24 L/yr - ₹33.5 L/yr
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Probationary Officer 0 - 4 years exp. · New Delhi (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Security Officer 10 - 12 years exp. · New Delhi (AmbitionBox Estimate)	₹11.7 L/yr - ₹15 L/yr
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DPT.Manager 8 - 9 years exp. · New Delhi (AmbitionBox Estimate)	₹7 L/yr - ₹9.3 L/yr
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Security Manager 6 - 13 years exp. · New Delhi (AmbitionBox Estimate)	₹18.9 L/yr - ₹24.2 L/yr
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Credit Officer 3 years exp. · New Delhi (AmbitionBox Estimate)	₹9 L/yr - ₹13.7 L/yr
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Business Analyst 9 - 10 years exp. · New Delhi (AmbitionBox Estimate)	₹16.8 L/yr - ₹20 L/yr
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Deputy Manager Scale 1 2 - 3 years exp. · New Delhi (AmbitionBox Estimate)	₹8.8 L/yr - ₹11.3 L/yr
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Senior Corporate Credit Manager 9 - 10 years exp. · New Delhi (AmbitionBox Estimate)	₹12.6 L/yr - ₹16.1 L/yr
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Java Developer 5 years exp. · New Delhi (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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Branch Banking Officer 7 years exp. · New Delhi (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Planning Manager 14 years exp. · New Delhi (AmbitionBox Estimate)	₹13.5 L/yr - ₹17.2 L/yr
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Loan Department 3 years exp. · New Delhi (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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Chief Manager Finance 10 years exp. · New Delhi (AmbitionBox Estimate)	₹22.5 L/yr - ₹28.8 L/yr
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Accounts Manager 17 years exp. · New Delhi (AmbitionBox Estimate)	₹3.2 L/yr - ₹4.1 L/yr
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Hospital Pharmacist 3 years exp. · New Delhi (AmbitionBox Estimate)	₹4.1 L/yr - ₹5.2 L/yr
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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

2.6

Rated by 8 employees for salary & benefits

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

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

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

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

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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Bank of Maharashtra interview questions by designations

Manager (5)Offce Assistant (1)Officer Scale 2 (1)Assistant Manager (1)

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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 78 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 2.6/5 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 New Delhi?

According to AmbitionBox, 60% of the Bank of Maharashtra employees in New Delhi reported a notice period of 3 Months, 14% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 58 responses on AmbitionBox in last 2 years.

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Average annual salary in Bank of Maharashtra , New Delhi is INR . Salary estimates are based on 78 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.