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Bank of Maharashtra Senior Manager Credit salaries in India (Updated 2025)

Annual salary range
6 - 14 years exp.
₹13 Lakhs - ₹24 Lakhs
Salary of majority employees
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28% more than the average Senior Manager Credit Salary in Banking Companies for 6 - 14 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Credit Salary
6 - 13 years exp. (7 salaries)
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₹13 L/yr - ₹19 L/yr

Finance & Accounting
Senior Manager Credit Salary
10 - 14 years exp. (7 salaries)
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₹15 L/yr - ₹18.5 L/yr

Last Updated: 1 Feb 2025

Companies similar to Bank of Maharashtra for Senior Manager Credit

Company name Avg Annual Salary Open Jobs
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₹14 L/yr - ₹23 L/yr

arrow icon 4% less
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ICICI Bank Senior Manager Credit Salary

2 - 8 years exp. (160 salaries)

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₹7 L/yr - ₹22.8 L/yr

arrow icon 15% less
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HDFC Bank Senior Manager Credit Salary

4 - 12 years exp. (327 salaries)

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₹7.8 L/yr - ₹21 L/yr

arrow icon 21% less
1 job opening
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Axis Bank Senior Manager Credit Salary

5 - 14 years exp. (120 salaries)

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₹10 L/yr - ₹26.9 L/yr

arrow icon 7% less
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₹10.4 L/yr - ₹32 L/yr

arrow icon 35% more
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Kotak Mahindra Bank Senior Manager Credit Salary

2 - 12 years exp. (365 salaries)

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₹6.5 L/yr - ₹16 L/yr

arrow icon 28% less
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Bank of Baroda Senior Manager Credit Salary

8 - 13 years exp. (48 salaries)

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₹12 L/yr - ₹28 L/yr

arrow icon 17% more
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Canara Bank Senior Manager Credit Salary

6 - 13 years exp. (27 salaries)

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₹16 L/yr - ₹35 L/yr

arrow icon 33% more
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IndusInd Bank Senior Manager Credit Salary

3 - 12 years exp. (20 salaries)

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₹8 L/yr - ₹23.5 L/yr

arrow icon 23% less
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Yes Bank Senior Manager Credit Salary

4 - 13 years exp. (186 salaries)

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₹8.3 L/yr - ₹17 L/yr

arrow icon 27% less
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Senior Manager Credit salary at Bank of Maharashtra ranges between ₹13 Lakhs to ₹24 Lakhs per year for employees with experience between 6 years to 14 years. Salary estimates are based on 18 latest salaries received from various employees of Bank of Maharashtra.

Latest annual salaries shared by Bank of Maharashtra Senior Manager Credit

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13 years exp.
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14 years exp.
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13 years exp.
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13 years exp.
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10 years exp.
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13 years exp.
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7 years exp.
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6 years exp.

Experience wise Bank of Maharashtra Senior Manager Credit salaries

Last Updated: 1 Feb 2025

Experience Avg Annual Salary
6 years (AmbitionBox Estimate)

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₹7 L/yr - ₹18 L/yr
7 years (AmbitionBox Estimate)

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₹7 L/yr - ₹19 L/yr
8 years (AmbitionBox Estimate)

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₹13 L/yr - ₹31.4 L/yr
9 years (AmbitionBox Estimate)

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₹7 L/yr - ₹19 L/yr
10 years  (4 salaries)

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₹16.5 L/yr - ₹19 L/yr
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Bank of Maharashtra Senior Manager Credit Salary and Career Growth

From

To

Senior Manager Credit

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6 - 14 years exp.

Chief Manager

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9 - 15 years exp.

Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.

Similar Designation salaries in Bank of Maharashtra

Credit Manager Salary
(30 salaries)
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₹10 L/yr - ₹20 L/yr
Deputy Manager Salary
(78 salaries)
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₹5 L/yr - ₹12 L/yr
Chief Manager Salary
(60 salaries)
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₹14 L/yr - ₹40 L/yr
Branch Manager Salary
(77 salaries)
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₹8 L/yr - ₹22 L/yr
Senior Associate Salary
(AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr
Senior Credit Officer Salary
(AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr
Credit Analyst Salary
(7 salaries)
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₹13 L/yr - ₹19 L/yr
Area Credit Manager Salary
(AmbitionBox Estimate)
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₹23.9 L/yr - ₹30.5 L/yr
Relationship Manager Salary
(AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.1 L/yr
Credit Officer Salary
(11 salaries)
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₹8 L/yr - ₹20 L/yr

Salary related reviews for Bank of Maharashtra

4.0

Rated by 4 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.

read more
  • 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

read more
  • 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.

read more
  • 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.

read more
  • 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

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Bank of Maharashtra Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Bank of Maharashtra?
Senior Manager Credit salary at Bank of Maharashtra in India ranges between ₹13.0 Lakhs to ₹24.0 Lakhs for experience between 6 years to 14 years. According to our estimates it is 28% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 18 latest salaries received from various employees of Bank of Maharashtra India.
How does the salary of a Senior Manager Credit at Bank of Maharashtra India compare with the average salary range for this job?
The average salary of a Senior Manager Credit at Bank of Maharashtra is 28% more than the average salary of a Senior Manager Credit in India. To know exact salary insights, login to view.
Which similar companies are paying more than Bank of Maharashtra to a Senior Manager Credit in India?
  • Punjab National Bank Senior Manager Credit Salary - ₹10.4 Lakhs to ₹32.0 Lakhs per year
  • Canara Bank Senior Manager Credit Salary - ₹16.0 Lakhs to ₹35.0 Lakhs per year
  • Standard Chartered Senior Manager Credit Salary - ₹10.4 Lakhs to ₹33.4 Lakhs per year
  • Bank of Baroda Senior Manager Credit Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
  • Federal Bank Senior Manager Credit Salary - ₹14.0 Lakhs to ₹22.0 Lakhs per year
What is the salary of a Senior Manager Credit in companies similar to Bank of Maharashtra in India?
  • Indian Overseas Bank Senior Manager Credit Salary - ₹17.0 Lakhs to ₹21.0 Lakhs per year
  • Deutsche Bank Senior Manager Credit Salary - ₹16.9 Lakhs to ₹21.6 Lakhs per year
  • Indian Bank Senior Manager Credit Salary - ₹14.5 Lakhs to ₹23.5 Lakhs per year
  • Bank of India Senior Manager Credit Salary - ₹11.0 Lakhs to ₹25.0 Lakhs per year
  • Central Bank of India Senior Manager Credit Salary - ₹14.5 Lakhs to ₹22.0 Lakhs per year
What is the estimated take home salary of a Senior Manager Credit at Bank of Maharashtra in India?
The estimated take-home salary of a Senior Manager Credit at Bank of Maharashtra ranges between ₹1,17,580 per month to ₹1,20,870 per month in India. The take-home salary calculation is based on the average Bank of Maharashtra Senior Manager Credit salary in India which ranges between ₹13.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 6 years to 14 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager Credit at Bank of Maharashtra?
According to AmbitionBox, 80% of the Bank of Maharashtra Senior Manager Credits reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 10 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Bank of Maharashtra Senior Manager Credit salary in India ranges between ₹13 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 18 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.