Bank of Maharashtra Chennai Senior Manager Salaries by 6 Employees (Updated 2024)

8 - 12 years exp.

₹13 Lakhs - ₹21 Lakhs

Salary of majority employees

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

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹21.6 L/yr
Finance & Accounting Senior Manager Salary 9 years exp. (AmbitionBox Estimate)	₹13 L/yr - ₹21.9 L/yr
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IT & Information Security Senior Manager Salary 10 years exp. (AmbitionBox Estimate)	₹16 L/yr - ₹22 L/yr
Risk Management & Compliance Senior Manager Salary 10 years exp. (AmbitionBox Estimate)	₹18 L/yr - ₹21.9 L/yr

Last Updated: 18 Nov 2024

Companies similar to Bank of Maharashtra for Senior Manager in Chennai

Bank of Maharashtra Senior Manager Salary

8 - 12 years exp. (6 salaries)

₹13 L/yr - ₹21 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Manager Salary 8 - 15 years exp. (5 salaries)	₹15 L/yr - ₹34 L/yr 5% more
ICICI Bank Senior Manager Salary 2 - 18 years exp. (48 salaries)	₹8.5 L/yr - ₹24 L/yr 20% less
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HDFC Bank Senior Manager Salary 3 - 21 years exp. (445 salaries)	₹6 L/yr - ₹23.3 L/yr 31% less
Axis Bank Senior Manager Salary 4 - 21 years exp. (245 salaries)	₹7.2 L/yr - ₹24 L/yr 24% less	1 job opening
Punjab National Bank Senior Manager Salary 7 - 11 years exp. (8 salaries)	₹10 L/yr - ₹22 L/yr At par
Kotak Mahindra Bank Senior Manager Salary 3 - 18 years exp. (140 salaries)	₹5.2 L/yr - ₹21.5 L/yr 39% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (178 salaries)	₹7.2 L/yr - ₹20 L/yr 42% less
Canara Bank Senior Manager Salary 8 - 12 years exp. (8 salaries)	₹14.5 L/yr - ₹26 L/yr 4% more
Union Bank of India Senior Manager Salary 9 - 15 years exp. (10 salaries)	₹10 L/yr - ₹25 L/yr 2% less
Standard Chartered Senior Manager Salary 6 - 21 years exp. (687 salaries)	₹13 L/yr - ₹44 L/yr 29% more	16 job openings

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Senior Manager salary at Bank of Maharashtra ranges between ₹13 Lakhs to ₹21 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Senior Manager salaries in Chennai

Last Updated: 18 Nov 2024

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹18 L/yr - ₹32.8 L/yr
9 years (AmbitionBox Estimate)	₹13 L/yr - ₹33.8 L/yr
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10 years (AmbitionBox Estimate)	₹16 L/yr - ₹34.7 L/yr
11 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
12 years (AmbitionBox Estimate)	₹18 L/yr - ₹21 L/yr

Similar Designation salaries in Bank of Maharashtra

Branch Manager Salary

(4 salaries)

₹10 L/yr - ₹20 L/yr

Salary related reviews for Bank of Maharashtra

Senior Manager in Pune

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.

Dislikes

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

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

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.

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.

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.

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.

Dislikes

Heavy work load, risk involved in credit , incessant targets bombarded every day ,no work life balance

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

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.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Bank of Maharashtra Senior Manager Salary FAQs

What is the salary of Senior Manager at Bank of Maharashtra Chennai?

Senior Manager salary at Bank of Maharashtra in Chennai ranges between ₹13.0 Lakhs to ₹21.0 Lakhs for experience between 8 years to 12 years. According to our estimates it is 8% less than the average Senior Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Bank of Maharashtra Chennai.

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

The average salary of a Senior Manager at Bank of Maharashtra is 8% less than the average salary of a Senior Manager in Chennai. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Senior Manager in Chennai?

Bank of America Senior Manager Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
Standard Chartered Senior Manager Salary - ₹13.0 Lakhs to ₹44.0 Lakhs per year
Federal Bank Senior Manager Salary - ₹11.0 Lakhs to ₹23.2 Lakhs per year
State Bank of India Senior Manager Salary - ₹15.0 Lakhs to ₹34.0 Lakhs per year
Canara Bank Senior Manager Salary - ₹14.5 Lakhs to ₹26.0 Lakhs per year

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

Punjab National Bank Senior Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
Union Bank of India Senior Manager Salary - ₹10.0 Lakhs to ₹25.0 Lakhs per year
Central Bank of India Senior Manager Salary - ₹10.5 Lakhs to ₹24.0 Lakhs per year
Bank of India Senior Manager Salary - ₹15.5 Lakhs to ₹21.0 Lakhs per year
Indian Bank Senior Manager Salary - ₹12.0 Lakhs to ₹26.0 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Bank of Maharashtra ranges between ₹1,30,821 per month to ₹1,35,518 per month in Chennai. The take-home salary calculation is based on the average Bank of Maharashtra Senior Manager salary in India which ranges between ₹13.0 Lakhs to ₹21.0 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 at Bank of Maharashtra in Chennai?

According to AmbitionBox, 83% of the Bank of Maharashtra Senior Managers in Chennai reported a notice period of 3 Months, 17% reported a notice period of More than 3 months.This is based on 6 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Senior Manager Salaries in Chennai

Bank of Maharashtra Senior Manager salary in Chennai ranges between ₹13 Lakhs to ₹21 Lakhs with an average annual salary of ₹. Salary estimates are based on 6 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.