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Bank of Maharashtra Salaries in Pune (Updated 2025)

based on 412 latest salaries
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BFSI, Investments & Trading Finance & Accounting Engineering - Software & QA IT & Information Security + 6 more
Designation Avg Annual Salary Open Jobs
9 - 14 years exp. · Pune (30 salaries)
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₹16 L/yr - ₹40 L/yr

1 - 8 years exp. · Pune (18 salaries)
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₹5 L/yr - ₹12 L/yr

5 - 12 years exp. · Pune (17 salaries)
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₹8 L/yr - ₹20 L/yr

5 - 8 years exp. · Pune (11 salaries)
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₹10 L/yr - ₹19 L/yr

Starting your career? Discover Bank of Maharashtra fresher salaries in India
11 - 15 years exp. · Pune (9 salaries)
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₹28 L/yr - ₹42 L/yr

6 - 11 years exp. · Pune (7 salaries)
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₹12 L/yr - ₹20 L/yr

10 - 14 years exp. · Pune (6 salaries)
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₹15 L/yr - ₹24 L/yr

8 - 13 years exp. · Pune (4 salaries)
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₹12.8 L/yr - ₹25 L/yr

6 - 9 years exp. · Pune (4 salaries)
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₹10.8 L/yr - ₹30 L/yr

1 - 4 years exp. · Pune (4 salaries)
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₹2.4 L/yr - ₹18 L/yr

0 - 8 years exp. · Pune (4 salaries)
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₹7.8 L/yr - ₹12.4 L/yr

5 - 9 years exp. · Pune (4 salaries)
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₹8 L/yr - ₹11 L/yr

Fresher · Pune (3 salaries)
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₹1.5 L/yr - ₹2 L/yr

7 - 9 years exp. · Pune (3 salaries)
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₹5.5 L/yr - ₹10 L/yr

7 - 11 years exp. · Pune (3 salaries)
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₹10 L/yr - ₹16 L/yr

2 years exp. · Pune (3 salaries)
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₹2.8 L/yr - ₹3.2 L/yr

1 - 3 years exp. · Pune (3 salaries)
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₹1.5 L/yr - ₹2.4 L/yr

0 - 4 years exp. · Pune (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

6 - 11 years exp. · Pune (AmbitionBox Estimate)
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₹16 L/yr - ₹20.4 L/yr

Last Updated: 16 Mar, 2025

Salary related reviews for Bank of Maharashtra

3.7

Rated by 100 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

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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

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.

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  • Skill development - Poor
  • +3 more

Branch Banking Department

5.0
  •  posted on 24 Mar 2021

5.0
 for  Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

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  • Salary - Excellent
  • +6 more

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Dec 2019

5.0
 for  Salary and Benefits

Likes

...nk is confined to Maharashtra however Bank is rapidly expanding to other states. The salary & other perks are very good as compared to other Bank. The work life balance is very poor & it needs to be improved.

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  • Salary - Excellent
  • +5 more

Dislikes

The work life is very poor & there is much scope for improvement

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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:

Chief Manager ₹16 Lakhs to ₹40 Lakhs per year
Deputy Manager ₹5 Lakhs to ₹12 Lakhs per year
Branch Manager ₹8 Lakhs to ₹20 Lakhs per year
Credit Manager ₹10 Lakhs to ₹19 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 412 salaries submitted by Bank of Maharashtra employees. Bank of Maharashtra is rated 3.7 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 Pune?
The salary of a fresher at Bank of Maharashtra in Pune 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

Tell us how to improve this page.

Average annual salary in Bank of Maharashtra , Pune is INRunlock blur . Salary estimates are based on 412 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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