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Bank of Maharashtra Senior Manager salaries in Mumbai (Updated 2025)

Annual salary range
8 - 13 years exp.
₹10 Lakhs - ₹28 Lakhs
Salary of majority employees
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At par with the average Senior Manager Salary in Banking Companies for 8 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
9 - 10 years exp. (5 salaries)
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₹10 L/yr - ₹28 L/yr

Finance & Accounting
Senior Manager Salary
8 - 13 years exp. (4 salaries)
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₹15 L/yr - ₹26 L/yr

Risk Management & Compliance
Senior Manager Salary
9 - 10 years exp. (AmbitionBox Estimate)
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₹21.3 L/yr - ₹27 L/yr

Customer Success, Service & Operations
Senior Manager Salary
8 years exp. (AmbitionBox Estimate)
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₹15 L/yr - ₹22.2 L/yr

Last Updated: 8 Mar 2025

Companies similar to Bank of Maharashtra for Senior Manager in Mumbai

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Bank of Maharashtra Senior Manager Salary

8 - 13 years exp. (15 salaries)

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₹10 L/yr - ₹28 L/yr

vs
Company name Avg Annual Salary Open Jobs
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State Bank of India Senior Manager Salary

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₹9 L/yr - ₹35 L/yr

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ICICI Bank Senior Manager Salary

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HDFC Bank Senior Manager Salary

3 - 21 years exp. (2.3k salaries)

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₹8 L/yr - ₹28 L/yr

arrow icon 27% less
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Axis Bank Senior Manager Salary

2 - 21 years exp. (2k salaries)

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₹8.9 L/yr - ₹28 L/yr

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1 job opening
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Punjab National Bank Senior Manager Salary

7 - 13 years exp. (26 salaries)

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₹11.2 L/yr - ₹40 L/yr

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Kotak Mahindra Bank Senior Manager Salary

1 - 19 years exp. (1.4k salaries)

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₹5.5 L/yr - ₹23.5 L/yr

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₹6.5 L/yr - ₹22 L/yr

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Canara Bank Senior Manager Salary

8 - 14 years exp. (22 salaries)

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₹12 L/yr - ₹28 L/yr

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Union Bank of India Senior Manager Salary

8 - 15 years exp. (86 salaries)

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₹9.2 L/yr - ₹32 L/yr

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2 - 18 years exp. (573 salaries)

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₹7 L/yr - ₹26.5 L/yr

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Senior Manager salary at Bank of Maharashtra ranges between ₹10 Lakhs to ₹28 Lakhs per year for employees with experience between 8 years to 13 years. Salary estimates are based on 15 latest salaries received from various employees of Bank of Maharashtra.

Latest annual salaries shared by Bank of Maharashtra Senior Manager in Mumbai

6d ago
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10 years exp.
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9 years exp.
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8 years exp.
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9 years exp.
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13 years exp.
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9 years exp.
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Experience wise Bank of Maharashtra Senior Manager salaries in Mumbai

Last Updated: 8 Mar 2025

Experience Avg Annual Salary
8 years  (3 salaries)

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₹15 L/yr - ₹26 L/yr
9 years  (5 salaries)

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₹10 L/yr - ₹28 L/yr
10 years  (5 salaries)

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₹14 L/yr - ₹27 L/yr
11 years (AmbitionBox Estimate)

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₹19.5 L/yr - ₹25 L/yr
12 years (AmbitionBox Estimate)

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₹20 L/yr - ₹39.7 L/yr
View all
Bank of Maharashtra Senior Manager Salary and Career Growth

From

To

Senior Manager

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8 - 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

Branch Manager Salary
(6 salaries)
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₹10 L/yr - ₹16 L/yr
Deputy Manager Salary
(4 salaries)
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₹5.4 L/yr - ₹9.42 L/yr
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Salary related reviews for Bank of Maharashtra

2.8

Rated by 4 employees for salary & benefits

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.

read more
  • Salary - Excellent
  • +5 more

Dislikes

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

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
see more salary related reviews

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Bank of Maharashtra Senior Manager Salary FAQs

What is the salary of Senior Manager at Bank of Maharashtra Mumbai?
Senior Manager salary at Bank of Maharashtra in Mumbai ranges between ₹10.0 Lakhs to ₹28.0 Lakhs for experience between 8 years to 13 years. According to our estimates it is 1% more than the average Senior Manager Salary in India. Salary estimates are based on 15 latest salaries received from various employees of Bank of Maharashtra Mumbai.
How does the salary of a Senior Manager at Bank of Maharashtra Mumbai compare with the average salary range for this job?
The average salary of a Senior Manager at Bank of Maharashtra is 1% more than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.
Which similar companies are paying more than Bank of Maharashtra to a Senior Manager in Mumbai?
  • Bank of America Senior Manager Salary - ₹20.0 Lakhs to ₹45.0 Lakhs per year
  • State Street Bank Senior Manager Salary - ₹17.5 Lakhs to ₹35.0 Lakhs per year
  • Standard Chartered Senior Manager Salary - ₹11.0 Lakhs to ₹44.0 Lakhs per year
  • Federal Bank Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
  • Bank of Baroda Senior Manager Salary - ₹13.0 Lakhs to ₹36.0 Lakhs per year
What is the salary of a Senior Manager in companies similar to Bank of Maharashtra in Mumbai?
  • Canara Bank Senior Manager Salary - ₹12.0 Lakhs to ₹28.0 Lakhs per year
  • Bank of India Senior Manager Salary - ₹11.3 Lakhs to ₹25.0 Lakhs per year
  • Punjab National Bank Senior Manager Salary - ₹11.2 Lakhs to ₹40.0 Lakhs per year
  • Central Bank of India Senior Manager Salary - ₹12.1 Lakhs to ₹25.0 Lakhs per year
  • State Bank of India Senior Manager Salary - ₹9.0 Lakhs to ₹35.0 Lakhs per year
What is the estimated take home salary of a Senior Manager at Bank of Maharashtra in Mumbai?
The estimated take-home salary of a Senior Manager at Bank of Maharashtra ranges between ₹1,40,893 per month to ₹1,46,127 per month in Mumbai. The take-home salary calculation is based on the average Bank of Maharashtra Senior Manager salary in India which ranges between ₹10.0 Lakhs to ₹28.0 Lakhs per year for employees with experience between 8 years to 13 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at Bank of Maharashtra in Mumbai?
According to AmbitionBox, 67% of the Bank of Maharashtra Senior Managers in Mumbai reported a notice period of 3 Months, 16% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Senior Manager salary in Mumbai ranges between ₹10 Lakhs to ₹28 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 15 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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