Bank of Maharashtra Probationary Officer Salaries by 10+ Employees (Updated 2025)

0 - 6 years exp.

₹0.5 Lakh - ₹8 Lakhs

Salary of majority employees

30% less than the average Probationary Officer Salary in Banking Companies for 0 - 6 years of experience

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Salaries in different departments

BFSI, Investments & Trading Probationary Officer Salary 3 - 6 years exp. (AmbitionBox Estimate)	₹0.6 L/yr - ₹6.5 L/yr
Data Science & Analytics Probationary Officer Salary Fresher (AmbitionBox Estimate)	₹6.9 L/yr - ₹8.4 L/yr
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IT & Information Security Probationary Officer Salary 4 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.5 L/yr
Administration & Facilities Probationary Officer Salary 2 years exp. (AmbitionBox Estimate)	₹3 L/yr - ₹3.6 L/yr

Last Updated: 10 Nov 2023

Companies similar to Bank of Maharashtra for Probationary Officer

Company name	Avg Annual Salary	Open Jobs
State Bank of India Probationary Officer Salary 0 - 6 years exp. (147 salaries)	₹5.2 L/yr - ₹18.7 L/yr 113% more
ICICI Bank Probationary Officer Salary 0 - 5 years exp. (105 salaries)	₹0.6 L/yr - ₹6 L/yr 24% less
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HDFC Bank Probationary Officer Salary Fresher (4 salaries)	₹3 L/yr - ₹4.5 L/yr 30% less
Axis Bank Probationary Officer Salary 0 - 1 year exp. (3 salaries)	₹4 L/yr - ₹8.2 L/yr 10% less
Punjab National Bank Probationary Officer Salary 0 - 2 years exp. (10 salaries)	₹6 L/yr - ₹7.5 L/yr 32% more
Canara Bank Probationary Officer Salary 1 - 10 years exp. (39 salaries)	₹3.5 L/yr - ₹11 L/yr 56% more
Bank of Baroda Probationary Officer Salary 0 - 5 years exp. (17 salaries)	₹5.3 L/yr - ₹13.5 L/yr 87% more
Union Bank of India Probationary Officer Salary 0 - 2 years exp. (9 salaries)	₹4.5 L/yr - ₹12 L/yr 64% more
IDBI Bank Probationary Officer Salary 0 - 4 years exp. (4 salaries)	₹9 L/yr - ₹13 L/yr 97% more
Federal Bank Probationary Officer Salary 0 - 2 years exp. (260 salaries)	₹6 L/yr - ₹15.2 L/yr 137% more
Bank of India Probationary Officer Salary 0 - 4 years exp. (19 salaries)	₹4.5 L/yr - ₹12 L/yr 39% more
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UCO Bank Probationary Officer Salary 0 - 3 years exp. (11 salaries)	₹4 L/yr - ₹8 L/yr 26% more
Indian Bank Probationary Officer Salary 0 - 2 years exp. (9 salaries)	₹5 L/yr - ₹10 L/yr 49% more
Central Bank of India Probationary Officer Salary 0 - 1 year exp. (4 salaries)	₹7 L/yr - ₹11.8 L/yr 94% more
Yes Bank Probationary Officer Salary 0 - 2 years exp. (3 salaries)	₹2.8 L/yr - ₹5.8 L/yr 12% less
Indian Overseas Bank Probationary Officer Salary 2 - 3 years exp. (3 salaries)	₹6 L/yr - ₹9.6 L/yr 39% more

Probationary Officer salary at Bank of Maharashtra ranges between ₹0.5 Lakh to ₹8 Lakhs per year for employees with less than 1 year of experience to 6 years. Salary estimates are based on 12 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Probationary Officer salaries

Last Updated: 10 Nov 2023

Experience	Avg Annual Salary
Fresher (5 salaries)	₹0.5 L/yr - ₹7.8 L/yr
2 years (AmbitionBox Estimate)	₹3 L/yr - ₹3.8 L/yr
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3 years (AmbitionBox Estimate)	₹4.8 L/yr - ₹6.1 L/yr
4 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
6 years (AmbitionBox Estimate)	₹3.8 L/yr - ₹4.9 L/yr

Similar Designation salaries in Bank of Maharashtra

Relationship Manager Salary

(AmbitionBox Estimate)

₹5.6 L/yr - ₹7.1 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

Accountant Salary

(5 salaries)

₹1.8 L/yr - ₹3.5 L/yr

Team Lead Salary

(AmbitionBox Estimate)

₹16.2 L/yr - ₹20.7 L/yr

Account Assistant Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Salary related reviews for Bank of Maharashtra

5.0

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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New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of Maharashtra Probationary Officer Salary FAQs

What is the salary of Probationary Officer at Bank of Maharashtra?

Probationary Officer salary at Bank of Maharashtra in India ranges between ₹0.5 Lakhs to ₹8.0 Lakhs for less than 1 year of experience to 6 years. According to our estimates it is 30% less than the average Probationary Officer Salary in India. Salary estimates are based on 12 latest salaries received from various employees of Bank of Maharashtra India.

How does the salary of a Probationary Officer at Bank of Maharashtra India compare with the average salary range for this job?

The average salary of a Probationary Officer at Bank of Maharashtra is 30% less than the average salary of a Probationary Officer in India. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Probationary Officer in India?

Federal Bank Probationary Officer Salary - ₹6.0 Lakhs to ₹15.2 Lakhs per year
State Bank of India Probationary Officer Salary - ₹5.2 Lakhs to ₹18.7 Lakhs per year
IDBI Bank Probationary Officer Salary - ₹9.0 Lakhs to ₹13.0 Lakhs per year
Central Bank of India Probationary Officer Salary - ₹7.0 Lakhs to ₹11.8 Lakhs per year
Bank of Baroda Probationary Officer Salary - ₹5.3 Lakhs to ₹13.5 Lakhs per year

What is the salary of a Probationary Officer in companies similar to Bank of Maharashtra in India?

Union Bank of India Probationary Officer Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year
Canara Bank Probationary Officer Salary - ₹3.5 Lakhs to ₹11.0 Lakhs per year
Indian Bank Probationary Officer Salary - ₹5.0 Lakhs to ₹10.0 Lakhs per year
Indian Overseas Bank Probationary Officer Salary - ₹6.0 Lakhs to ₹9.6 Lakhs per year
Bank of India Probationary Officer Salary - ₹4.5 Lakhs to ₹12.0 Lakhs per year

What is the estimated take home salary of a Probationary Officer at Bank of Maharashtra in India?

The estimated take-home salary of a Probationary Officer at Bank of Maharashtra ranges between ₹40,175 per month to ₹41,337 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Probationary Officer salary in India which ranges between ₹0.5 Lakhs to ₹8.0 Lakhs per year for employees with less than 1 year of experience to 6 years. Check how did we calculate take home salary?

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

According to AmbitionBox, 67% of the Bank of Maharashtra Probationary Officers reported a notice period of More than 3 months, 33% reported a notice period of 3 Months.This is based on 3 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Probationary Officer Salaries

Bank of Maharashtra Probationary Officer salary in India ranges between ₹0.5 Lakh to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 12 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.