Bank of Maharashtra Senior Manager-HR Salaries by 5 Employees

9 - 14 years exp.

₹13.3 Lakhs - ₹24 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

At par with the average Senior Manager-HR Salary in Banking Companies for 9 - 14 years of experience

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Last Updated: 10 Feb 2024

Companies similar to Bank of Maharashtra for Senior Manager-HR

Company name	Avg Annual Salary	Open Jobs
Yes Bank Senior Manager-HR Salary 6 - 18 years exp. (19 salaries)	₹9.3 L/yr - ₹17 L/yr 28% less
Jana Small Finance Bank Senior Manager-HR Salary 8 - 17 years exp. (9 salaries)	₹5.3 L/yr - ₹13.2 L/yr 45% less
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Bank of Baroda Senior Manager-HR Salary 10 - 15 years exp. (8 salaries)	₹14 L/yr - ₹25 L/yr 24% more
Standard Chartered Senior Manager-HR Salary 7 - 17 years exp. (7 salaries)	₹19 L/yr - ₹26 L/yr 14% more
IndusInd Bank Senior Manager-HR Salary 7 - 15 years exp. (6 salaries)	₹9.5 L/yr - ₹19.1 L/yr 38% less
Ujjivan Small Finance Bank Senior Manager-HR Salary 6 - 13 years exp. (6 salaries)	₹6.3 L/yr - ₹22.4 L/yr 19% less
AU Small Finance Bank Senior Manager-HR Salary 8 - 16 years exp. (5 salaries)	₹7 L/yr - ₹15.5 L/yr 41% less
IDFC FIRST Bank Senior Manager-HR Salary 6 - 11 years exp. (4 salaries)	₹7.5 L/yr - ₹13.3 L/yr 35% less
Federal Bank Senior Manager-HR Salary 9 - 11 years exp. (4 salaries)	₹15 L/yr - ₹18 L/yr 11% less
NatWest Group Senior Manager-HR Salary 17 - 19 years exp. (3 salaries)	₹19.8 L/yr - ₹22 L/yr 8% more

Senior Manager-HR salary at Bank of Maharashtra ranges between ₹13.3 Lakhs to ₹24 Lakhs per year for employees with experience between 9 years to 14 years. Salary estimates are based on 5 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Senior Manager-HR salaries

Last Updated: 10 Feb 2024

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹13.3 L/yr - ₹25.2 L/yr
10 years (AmbitionBox Estimate)	₹16 L/yr - ₹28.8 L/yr
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11 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹20 L/yr
12 years (AmbitionBox Estimate)	₹19 L/yr - ₹36.1 L/yr
13 years (AmbitionBox Estimate)	₹19.9 L/yr - ₹25.4 L/yr
14 years (AmbitionBox Estimate)	₹24 L/yr - ₹24 L/yr

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Similar Designation salaries in Bank of Maharashtra

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Manager Hrbp Salary

(AmbitionBox Estimate)

₹14.9 L/yr - ₹19 L/yr

Deputy Manager HR Salary

(AmbitionBox Estimate)

₹9.9 L/yr - ₹12.6 L/yr

Private Secretary Salary

(AmbitionBox Estimate)

₹0.2 L/yr - ₹0.2 L/yr

Deputy Manager Administration Salary

(AmbitionBox Estimate)

₹9 L/yr - ₹11.5 L/yr

Administration Executive Salary

(AmbitionBox Estimate)

₹1.8 L/yr - ₹2.3 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

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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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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

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Bank of Maharashtra Senior Manager-HR Salary FAQs

What is the salary of Senior Manager-HR at Bank of Maharashtra ?

The average salary of a Senior Manager-HR at Bank of Maharashtra in India typically ranges from ₹13.3 Lakhs to ₹24.0 Lakhs per year, depending on experience (from 9 years to 14 years).

The top 10% of Senior Manager-HR at Bank of Maharashtra earn more than ₹24.0 Lakhs per year, and the top 1% earn over ₹24.0 Lakhs per year. Senior Manager-HR 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 estimates are based on salary data submitted by 5 Bank of Maharashtra employees in India.

What is the estimated take home salary of a Senior Manager-HR at Bank of Maharashtra in India?

The estimated take-home salary of a Senior Manager-HR at Bank of Maharashtra in India typically ranges from ₹1,26,616 to ₹1,30,754 per month. This is based on the average salary range of ₹13.3 Lakhs to ₹24.0 Lakhs per year for employees with experience ranging from 9 years to 14 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Bank of Maharashtra. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Bank of Maharashtra for Senior Manager-HR in India?

Bank of Baroda	₹14.0 Lakhs to ₹25.0 Lakhs per year
Standard Chartered	₹19.0 Lakhs to ₹26.0 Lakhs per year
NatWest Group	₹19.8 Lakhs to ₹22.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of Maharashtra, depending on the role and experience level.

What is the salary of a Senior Manager-HR in companies similar to Bank of Maharashtra in India?

The salary of a Senior Manager-HR at companies similar to Bank of Maharashtra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Federal Bank	₹15.0 Lakhs to ₹18.0 Lakhs per year
Ujjivan Small Finance Bank	₹6.3 Lakhs to ₹22.4 Lakhs per year
Yes Bank	₹9.3 Lakhs to ₹17.0 Lakhs per year
IDFC FIRST Bank	₹7.5 Lakhs to ₹13.3 Lakhs per year
IndusInd Bank	₹9.5 Lakhs to ₹19.1 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Manager-HR at Bank of Maharashtra in India?

The salary growth for a Senior Manager-HR at Bank of Maharashtra depends on factors such as experience, performance, and promotions. On average, a Senior Manager-HR can expect the following growth trajectory at Bank of Maharashtra:

Experience	Average Salary Range
9 years	₹13.3 Lakhs to ₹25.2 Lakhs per year
10 years	₹16.0 Lakhs to ₹28.8 Lakhs per year
11 years	₹7.2 Lakhs to ₹20.0 Lakhs per year
12 years	₹19.0 Lakhs to ₹36.1 Lakhs per year

and so on.

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Bank of Maharashtra Senior Manager-HR Salaries

Bank of Maharashtra Senior Manager-HR salary in India ranges between ₹13.3 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.