Bank of Maharashtra Kolhapur Senior Manager Salaries by 6 Employees

8 - 13 years exp.

₹12.6 Lakhs - ₹21.2 Lakhs

Salary of majority employees

34% more than the average Senior Manager Salary in Banking Companies for 8 - 13 years of experience

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Last Updated: 8 Nov 2023

Companies similar to Bank of Maharashtra for Senior Manager in Kolhapur

Bank of Maharashtra Senior Manager Salary

8 - 13 years exp. (6 salaries)

₹12.6 L/yr - ₹21.2 L/yr

Company name	Avg Annual Salary	Open Jobs
Federal Bank Senior Manager Salary 8 - 15 years exp. (9 salaries)	₹11.7 L/yr - ₹30 L/yr 17% more
Bank of India Senior Manager Salary 11 - 13 years exp. (4 salaries)	₹18 L/yr - ₹30 L/yr 10% more
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Poonawalla Fincorp Senior Manager Salary 8 - 9 years exp. (30 salaries)	₹4.3 L/yr - ₹10.1 L/yr 54% less
Sound Castings Senior Manager Salary 12 - 20 years exp. (4 salaries)	₹7 L/yr - ₹13 L/yr 57% less
IIFL Finance Senior Manager Salary 5 - 8 years exp. (3 salaries)	₹5.7 L/yr - ₹9 L/yr 59% less

Senior Manager salary at Bank of Maharashtra ranges between ₹12.6 Lakhs to ₹21.2 Lakhs per year for employees with experience between 8 years to 13 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 Kolhapur

Last Updated: 8 Nov 2023

Experience	Avg Annual Salary
8 years (AmbitionBox Estimate)	₹17.2 L/yr - ₹22 L/yr
9 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.4 L/yr
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10 years (AmbitionBox Estimate)	₹17.8 L/yr - ₹22.8 L/yr
11 years (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.2 L/yr
12 years (AmbitionBox Estimate)	₹18.5 L/yr - ₹23.6 L/yr
13 years (AmbitionBox Estimate)	₹18.8 L/yr - ₹24 L/yr

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From

Senior Manager

8 - 14 years exp.

Chief Manager

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)

₹11 L/yr - ₹21 L/yr

Salary related reviews for Bank of Maharashtra

5.0

Rated by 1 employees for salary & benefits

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.

Salary - Excellent

+5 more

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

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

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a manager - business analyst

Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Bank of Maharashtra Senior Manager Salary FAQs

What is the salary of Senior Manager at Bank of Maharashtra in Kolhapur?

The average salary of a Senior Manager at Bank of Maharashtra in Kolhapur typically ranges from ₹12.6 Lakhs to ₹21.2 Lakhs per year, depending on experience (from 8 years to 13 years).

The top 10% of Senior Manager in Kolhapur at Bank of Maharashtra earn more than ₹17.0 Lakhs per year, and the top 1% earn over ₹17.0 Lakhs per year. Senior Manager 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 6 Bank of Maharashtra employees in India.

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

The estimated take-home salary of a Senior Manager at Bank of Maharashtra in Kolhapur typically ranges from ₹1,32,604 to ₹1,37,463 per month. This is based on the average salary range of ₹12.6 Lakhs to ₹21.2 Lakhs per year for employees with experience ranging from 8 years to 13 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 6 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 in India?

Federal Bank	₹11.7 Lakhs to ₹30.0 Lakhs per year
Bank of India	₹18.0 Lakhs to ₹30.0 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 in companies similar to Bank of Maharashtra in Kolhapur?

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

Poonawalla Fincorp	₹4.3 Lakhs to ₹10.1 Lakhs per year
Sound Castings	₹7.0 Lakhs to ₹13.0 Lakhs per year
IIFL Finance	₹5.7 Lakhs to ₹9.0 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 at Bank of Maharashtra in Kolhapur?

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

Experience	Average Salary Range
8 years	₹17.2 Lakhs to ₹22.0 Lakhs per year
9 years	₹17.5 Lakhs to ₹22.4 Lakhs per year
10 years	₹17.8 Lakhs to ₹22.8 Lakhs per year
11 years	₹18.1 Lakhs to ₹23.2 Lakhs per year

and so on.

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Bank of Maharashtra Senior Manager Salaries in Kolhapur

Bank of Maharashtra Senior Manager salary in Kolhapur ranges between ₹12.6 Lakhs to ₹21.2 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.