Bank of Maharashtra Officer Salaries by 3 Employees (Updated 2025)

0 - 6 years exp.

₹4.2 Lakhs - ₹6 Lakhs

Low Confidence

Salary of majority employees

13% more than the average Officer Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Officer Salary 6 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr
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Customer Success, Service & Operations Officer Salary 2 years exp. (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.6 L/yr

Last Updated: 17 Sep 2024

Companies similar to Bank of Maharashtra for Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Officer Salary 0 - 6 years exp. (28 salaries)	₹2.1 L/yr - ₹12 L/yr 30% more
ICICI Bank Officer Salary 0 - 8 years exp. (423 salaries)	₹1.2 L/yr - ₹5.3 L/yr 50% less
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HDFC Bank Officer Salary 0 - 7 years exp. (552 salaries)	₹1.4 L/yr - ₹5 L/yr 49% less	1 job opening
Axis Bank Officer Salary 0 - 6 years exp. (498 salaries)	₹1.5 L/yr - ₹4.5 L/yr 50% less	4 job openings
Punjab National Bank Officer Salary 2 - 11 years exp. (31 salaries)	₹3.7 L/yr - ₹13 L/yr 65% more
Kotak Mahindra Bank Officer Salary 0 - 6 years exp. (18 salaries)	₹2 L/yr - ₹4 L/yr 52% less
Bank of Baroda Officer Salary 0 - 12 years exp. (134 salaries)	₹5.1 L/yr - ₹17 L/yr 96% more
Canara Bank Officer Salary 3 - 12 years exp. (179 salaries)	₹5 L/yr - ₹18 L/yr 128% more
IndusInd Bank Officer Salary 0 - 4 years exp. (192 salaries)	₹1.5 L/yr - ₹4.1 L/yr 46% less
Yes Bank Officer Salary 0 - 6 years exp. (338 salaries)	₹1.5 L/yr - ₹4 L/yr 49% less
Standard Chartered Officer Salary 1 - 6 years exp. (509 salaries)	₹1.5 L/yr - ₹5.5 L/yr 33% less
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DBS Bank Officer Salary 2 - 10 years exp. (354 salaries)	₹2.8 L/yr - ₹10 L/yr 16% more
IDFC FIRST Bank Officer Salary 1 - 6 years exp. (203 salaries)	₹1.5 L/yr - ₹5.9 L/yr 39% less
Federal Bank Officer Salary 0 - 2 years exp. (137 salaries)	₹7 L/yr - ₹16 L/yr 125% more
Jana Small Finance Bank Officer Salary 0 - 4 years exp. (136 salaries)	₹1 L/yr - ₹3.2 L/yr 60% less
Equitas Small Finance Bank Officer Salary 1 - 6 years exp. (74 salaries)	₹1.3 L/yr - ₹4 L/yr 53% less
Bank of America Officer Salary 1 - 13 years exp. (70 salaries)	₹5 L/yr - ₹20.7 L/yr 117% more
Ujjivan Small Finance Bank Officer Salary 1 - 7 years exp. (56 salaries)	₹1.9 L/yr - ₹4 L/yr 37% less	1 job opening
AU Small Finance Bank Officer Salary 1 - 5 years exp. (51 salaries)	₹1.4 L/yr - ₹4.5 L/yr 48% less
Bank of India Officer Salary 1 - 9 years exp. (38 salaries)	₹4 L/yr - ₹11 L/yr 60% more

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Officer salary at Bank of Maharashtra ranges between ₹4.2 Lakhs to ₹6 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Officer salaries

Last Updated: 17 Sep 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
2 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.8 L/yr
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6 years (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr

Similar Designation salaries in Bank of Maharashtra

Test Engineer Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Deputy Manager Salary

(78 salaries)

₹5 L/yr - ₹12 L/yr

Quality Engineer Salary

(AmbitionBox Estimate)

₹0.9 L/yr - ₹1.2 L/yr

Software Engineer Salary

(5 salaries)

₹2.4 L/yr - ₹18.65 L/yr

Salary related reviews for Bank of Maharashtra

4.0

Rated by 1 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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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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Bank of Maharashtra Officer Salary FAQs

What is the notice period for Officer at Bank of Maharashtra?

According to AmbitionBox, 100% of the Bank of Maharashtra Officers reported a notice period of 15 days or less.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of Maharashtra Officer Salaries

Bank of Maharashtra Officer salary in India ranges between ₹4.2 Lakhs to ₹6 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.