Bank of Maharashtra Pune Software Engineer Salaries by 4 Employees (Updated 2025)

1 - 4 years exp.

₹2.4 Lakhs - ₹18 Lakhs

Salary of majority employees

16% less than the average Software Engineer Salary in Banking Companies for 1 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA Software Engineer Salary 1 - 4 years exp. (3 salaries)	₹2.8 L/yr - ₹18 L/yr
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Engineering - Hardware & Networks Software Engineer Salary 1 year exp. (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.6 L/yr

Last Updated: 3 Sep 2024

Companies similar to Bank of Maharashtra for Software Engineer in Pune

Bank of Maharashtra Software Engineer Salary

1 - 4 years exp. (4 salaries)

₹2.4 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
HDFC Bank Software Engineer Salary 1 - 6 years exp. (5 salaries)	₹4.9 L/yr - ₹8 L/yr 15% more
Axis Bank Software Engineer Salary 2 - 5 years exp. (7 salaries)	₹2.3 L/yr - ₹12.3 L/yr 4% more
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Barclays Software Engineer Salary 0 - 7 years exp. (146 salaries)	₹7.5 L/yr - ₹28.3 L/yr 162% more
Deutsche Bank Software Engineer Salary 0 - 6 years exp. (76 salaries)	₹11.6 L/yr - ₹26 L/yr 206% more
Bank of America Software Engineer Salary 1 - 9 years exp. (46 salaries)	₹6.8 L/yr - ₹20 L/yr 129% more
HSBC Global Banking and Markets Software Engineer Salary 1 - 6 years exp. (14 salaries)	₹5 L/yr - ₹10.4 L/yr 14% more
IDFC FIRST Bank Software Engineer Salary 2 - 5 years exp. (6 salaries)	₹3.6 L/yr - ₹8.9 L/yr 27% more
Yes Bank Software Engineer Salary 3 - 4 years exp. (3 salaries)	₹3.8 L/yr - ₹5.4 L/yr 21% less
AU Small Finance Bank Software Engineer Salary 1 - 2 years exp. (3 salaries)	₹5.5 L/yr - ₹12 L/yr 25% more

Software Engineer salary at Bank of Maharashtra ranges between ₹2.4 Lakhs to ₹18 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Software Engineer salaries in Pune

Last Updated: 3 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
2 years (AmbitionBox Estimate)	₹2.9 L/yr - ₹3.7 L/yr
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4 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr

Similar Designation salaries in Bank of Maharashtra

IT Manager Salary

(7 salaries)

₹6.75 L/yr - ₹15 L/yr

Application Support Engineer Salary

(3 salaries)

₹2.8 L/yr - ₹3.2 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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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Bank of Maharashtra Software Engineer Salary FAQs

What is the salary of Software Engineer at Bank of Maharashtra Pune?

Software Engineer salary at Bank of Maharashtra in Pune ranges between ₹2.4 Lakhs to ₹18.0 Lakhs for experience between 1 years to 4 years. According to our estimates it is 16% less than the average Software Engineer Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Bank of Maharashtra Pune.

How does the salary of a Software Engineer at Bank of Maharashtra Pune compare with the average salary range for this job?

The average salary of a Software Engineer at Bank of Maharashtra is 16% less than the average salary of a Software Engineer in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Bank of Maharashtra to a Software Engineer in Pune?

Deutsche Bank Software Engineer Salary - ₹11.6 Lakhs to ₹26.0 Lakhs per year
Barclays Software Engineer Salary - ₹7.5 Lakhs to ₹28.3 Lakhs per year
Bank of America Software Engineer Salary - ₹6.8 Lakhs to ₹20.0 Lakhs per year
IDFC FIRST Bank Software Engineer Salary - ₹3.6 Lakhs to ₹8.9 Lakhs per year
AU Small Finance Bank Software Engineer Salary - ₹5.5 Lakhs to ₹12.0 Lakhs per year

What is the salary of a Software Engineer in companies similar to Bank of Maharashtra in Pune?

HDFC Bank Software Engineer Salary - ₹4.9 Lakhs to ₹8.0 Lakhs per year
HSBC Global Banking and Markets Software Engineer Salary - ₹5.0 Lakhs to ₹10.4 Lakhs per year
Axis Bank Software Engineer Salary - ₹2.3 Lakhs to ₹12.3 Lakhs per year
Yes Bank Software Engineer Salary - ₹3.8 Lakhs to ₹5.4 Lakhs per year

What is the estimated take home salary of a Software Engineer at Bank of Maharashtra in Pune?

The estimated take-home salary of a Software Engineer at Bank of Maharashtra ranges between ₹50,416 per month to ₹51,606 per month in Pune. The take-home salary calculation is based on the average Bank of Maharashtra Software Engineer salary in India which ranges between ₹2.4 Lakhs to ₹18.0 Lakhs per year for employees with experience between 1 years to 4 years. Check how did we calculate take home salary?

What is the notice period for Software Engineer at Bank of Maharashtra in Pune?

According to AmbitionBox, 100% of the Bank of Maharashtra Software Engineers in Pune reported a notice period of 2 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Bank of Maharashtra Software Engineer Salaries in Pune

Bank of Maharashtra Software Engineer salary in Pune ranges between ₹2.4 Lakhs to ₹18 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.