Bank of Maharashtra Nashik Senior Manager Credit Salaries by 4 Employees (Updated 2025)

8 - 12 years exp.

₹13 Lakhs - ₹19 Lakhs

Salary of majority employees

26% more than the average Senior Manager Credit Salary in Banking Companies for 8 - 12 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Credit Salary 8 - 10 years exp. (3 salaries)	₹13 L/yr - ₹19 L/yr
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Finance & Accounting Senior Manager Credit Salary 12 years exp. (AmbitionBox Estimate)	₹17.4 L/yr - ₹18 L/yr

Last Updated: 26 Jul 2023

Companies similar to Bank of Maharashtra for Senior Manager Credit in Nashik

Bank of Maharashtra Senior Manager Credit Salary

8 - 12 years exp. (4 salaries)

₹13 L/yr - ₹19 L/yr

Company name	Avg Annual Salary	Open Jobs
ICICI Bank Senior Manager Credit Salary 3 - 6 years exp. (3 salaries)	₹13 L/yr - ₹15.7 L/yr 19% less
HDFC Bank Senior Manager Credit Salary 5 - 8 years exp. (3 salaries)	₹12.5 L/yr - ₹15 L/yr 22% less	1 job opening
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Yes Bank Senior Manager Credit Salary 9 - 13 years exp. (5 salaries)	₹9.5 L/yr - ₹14.7 L/yr 28% less

Senior Manager Credit salary at Bank of Maharashtra ranges between ₹13 Lakhs to ₹19 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Senior Manager Credit salaries in Nashik

Last Updated: 26 Jul 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹13 L/yr - ₹31.5 L/yr
9 years (AmbitionBox Estimate)	₹7 L/yr - ₹19 L/yr
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10 years (AmbitionBox Estimate)	₹7 L/yr - ₹19 L/yr
11 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20.1 L/yr
12 years (AmbitionBox Estimate)	₹7 L/yr - ₹18 L/yr

From

Senior Manager Credit

6 - 14 years exp.

Chief Manager

₹

Lakhs/yr

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

Branch Manager Salary

(3 salaries)

₹9 L/yr - ₹20 L/yr

Salary related reviews for Bank of Maharashtra

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 Senior Manager Credit Salary FAQs

What is the salary of Senior Manager Credit at Bank of Maharashtra Nashik?

Senior Manager Credit salary at Bank of Maharashtra in Nashik ranges between ₹13.0 Lakhs to ₹19.0 Lakhs for experience between 8 years to 12 years. According to our estimates it is 26% more than the average Senior Manager Credit Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra Nashik.

How does the salary of a Senior Manager Credit at Bank of Maharashtra Nashik compare with the average salary range for this job?

The average salary of a Senior Manager Credit at Bank of Maharashtra is 26% more than the average salary of a Senior Manager Credit in Nashik. To know exact salary insights, login to view.

What is the salary of a Senior Manager Credit in companies similar to Bank of Maharashtra in Nashik?

ICICI Bank Senior Manager Credit Salary - ₹13.0 Lakhs to ₹15.7 Lakhs per year
HDFC Bank Senior Manager Credit Salary - ₹12.5 Lakhs to ₹15.0 Lakhs per year
Yes Bank Senior Manager Credit Salary - ₹9.5 Lakhs to ₹14.7 Lakhs per year

What is the estimated take home salary of a Senior Manager Credit at Bank of Maharashtra in Nashik?

The estimated take-home salary of a Senior Manager Credit at Bank of Maharashtra ranges between ₹1,17,898 per month to ₹1,21,198 per month in Nashik. 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 ₹19.0 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager Credit at Bank of Maharashtra in Nashik?

According to AmbitionBox, 50% of the Bank of Maharashtra Senior Manager Credits in Nashik reported a notice period of 1 Month, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Senior Manager Credit Salaries in Nashik

Bank of Maharashtra Senior Manager Credit salary in Nashik ranges between ₹13 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.