Bank of Maharashtra Trainee Salaries by 3 Employees (Updated 2024)

0 - 3 years exp.

₹1.8 Lakh - ₹2.3 Lakhs

Low Confidence

Salary of majority employees

17% less than the average Trainee Salary in Banking Companies for 0 - 3 years of experience

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Last Updated: 22 Jun 2024

Companies similar to Bank of Maharashtra for Trainee

Company name	Avg Annual Salary	Open Jobs
State Bank of India Trainee Salary 1 - 6 years exp. (7 salaries)	₹1.8 L/yr - ₹2 L/yr 3% less
ICICI Bank Trainee Salary 0 - 5 years exp. (20 salaries)	₹0.8 L/yr - ₹8.3 L/yr 74% more
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HDFC Bank Trainee Salary 0 - 6 years exp. (169 salaries)	₹1 L/yr - ₹7 L/yr 48% more
Punjab National Bank Trainee Salary 0 - 4 years exp. (3 salaries)	₹2.1 L/yr - ₹4.8 L/yr 64% more
Kotak Mahindra Bank Trainee Salary 0 - 5 years exp. (7 salaries)	₹1.1 L/yr - ₹3.6 L/yr 12% more
IndusInd Bank Trainee Salary 0 - 1 year exp. (5 salaries)	₹1.9 L/yr - ₹4 L/yr 28% more
Yes Bank Trainee Salary 0 - 6 years exp. (7 salaries)	₹1.2 L/yr - ₹5 L/yr 59% more
Barclays Trainee Salary Fresher (4 salaries)	₹3.8 L/yr - ₹13.5 L/yr 403% more
AU Small Finance Bank Trainee Salary Fresher (4 salaries)	₹1.3 L/yr - ₹2 L/yr 20% less
Bank of America Trainee Salary Fresher (4 salaries)	₹4 L/yr - ₹6.5 L/yr 168% more
NatWest Group Trainee Salary 0 - 12 years exp. (4 salaries)	₹3 L/yr - ₹12.9 L/yr 273% more
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Central Bank of India Trainee Salary 0 - 1 year exp. (3 salaries)	₹1 L/yr - ₹2 L/yr 30% less
Equitas Small Finance Bank Trainee Salary 0 - 3 years exp. (3 salaries)	₹1.1 L/yr - ₹4 L/yr 3% more
IDFC FIRST Bank Trainee Salary 0 - 3 years exp. (3 salaries)	₹2.6 L/yr - ₹7 L/yr 130% more
DBS Bank Trainee Salary 0 - 5 years exp. (3 salaries)	₹2 L/yr - ₹10 L/yr 250% more

Trainee salary at Bank of Maharashtra ranges between ₹1.8 Lakh to ₹2.3 Lakhs per year for employees with less than 1 year of experience to 3 years. Salary estimates are based on 3 latest salaries received from various employees of Bank of Maharashtra.

Experience wise Bank of Maharashtra Trainee salaries

Last Updated: 22 Jun 2024

Experience	Avg Annual Salary
Fresher (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
2 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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3 years (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr

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Salary related reviews for Bank of Maharashtra

4.0

Rated by 1 employees for salary & benefits

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.

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.

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.

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Salary -- Accepted Offer

I accepted an offer where they gave me around 120% hike on current salary, but 2 weeks later I got to know that there are paying other candidates more than me for the same role with even less experience. Can I reach out to HR for salary revision after accepting offer? I still have 3 weeks left for joining. *My interview went really well. But HR low balled just becuase of current salary

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Bank of Maharashtra Trainee Salary FAQs

What is the notice period for Trainee at Bank of Maharashtra?

According to AmbitionBox, 100% of the Bank of Maharashtra Trainees reported a notice period of 15 days or less.This is based on 2 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Trainee Salaries

Bank of Maharashtra Trainee salary in India ranges between ₹1.8 Lakh to ₹2.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 3 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.