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Bank of Maharashtra

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3.5

based on 309 Reviews

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Branch Manager
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Bank of Maharashtra Branch Manager Salaries in India

based on 69 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Engineering - Software & QA + 6 more
Designation Avg Annual Salary Open Jobs

Branch Manager

5 - 12 years exp. (74 salaries)
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₹8 L/yr - ₹22 L/yr

HR Manager

5 - 11 years exp. (9 salaries)
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₹7 L/yr - ₹16 L/yr

Banking Officer

0 - 10 years exp. (9 salaries)
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₹5 L/yr - ₹20 L/yr

Manager Scale II

0 - 9 years exp. (8 salaries)
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₹9 L/yr - ₹15 L/yr

Credit Analyst

6 - 8 years exp. (7 salaries)
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₹13 L/yr - ₹19 L/yr

Application Support Engineer

1 - 2 years exp. (7 salaries)
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₹2.8 L/yr - ₹3.6 L/yr

Branch Manager Scale 2

7 - 11 years exp. (7 salaries)
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₹10 L/yr - ₹20 L/yr

Deputy Manager Scale 1

0 - 6 years exp. (7 salaries)
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₹8 L/yr - ₹10 L/yr

Manager II

0 - 12 years exp. (6 salaries)
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₹12 L/yr - ₹18 L/yr

Apprentice

0 - 1 year exp. (6 salaries)
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₹1 L/yr - ₹1.2 L/yr

Business Analyst

6 - 10 years exp. (6 salaries)
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₹10 L/yr - ₹20 L/yr

Senior Manager-HR

9 - 14 years exp. (5 salaries)
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₹13.3 L/yr - ₹24 L/yr

DPT.Manager

1 - 10 years exp. (5 salaries)
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₹2.6 L/yr - ₹11 L/yr

Software Engineer

1 - 5 years exp. (5 salaries)
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₹2.4 L/yr - ₹18.6 L/yr

Manager LAW

7 - 14 years exp. (5 salaries)
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₹9.2 L/yr - ₹12.8 L/yr

Banking Operations Manager

5 - 9 years exp. (5 salaries)
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₹8 L/yr - ₹11 L/yr

Computer Operator and Clerk

0 - 3 years exp. (5 salaries)
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₹1.1 L/yr - ₹2.4 L/yr

Team Manager

3 - 10 years exp. (4 salaries)
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₹10.8 L/yr - ₹14 L/yr

Manager

5 - 13 years exp. (207 salaries)
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₹7.3 L/yr - ₹20 L/yr

Senior Manager

8 - 14 years exp. (134 salaries)
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₹11.6 L/yr - ₹32 L/yr

Last Updated: 1 Jan, 2025

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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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Salary related reviews for Bank of Maharashtra

3.4

Rated by 25 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

  • 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

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.

read more
  • 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.

read more
  • Skill development - Poor
    • +3 more

Senior Branch Manager in Mumbai

BFSI, Investments & Trading Department

4.0
  •  posted on 02 Aug 2018
4.0
 for  Salary and Benefits

Likes

...opportunity for promotion and carrier growth. Good work culture and environment. Better salary structure in the banking sector.

read more
  • Salary - Good
    • +5 more

Dislikes

Pessimistic business approach.

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.

read more
  • 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.

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
see more salary related reviews

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More about working at Bank of Maharashtra

Bank of Maharashtra Salary FAQs

How much does Bank of Maharashtra pay per year?
The average Bank of Maharashtra salary ranges from approximately ₹1 Lakh to ₹1.2 Lakh per year for a Apprentice and ₹24 Lakhs to ₹42 Lakhs per year for a Assistant General Manager. Salary estimates are based on 69 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 3.4/5 stars.
What is the highest salary in Bank of Maharashtra?
The highest-paying job at Bank of Maharashtra is a Assistant General Manager with a salary of ₹24 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹22 lakhs per year. The top 1% earn more than a whopping ₹38.33 lakhs per year.
What is the minimum salary in Bank of Maharashtra?
Minimum salary at Bank of Maharashtra depends on the role you are applying for. For Probationary Officer the minimum salary is ₹0.5 Lakh to ₹8 Lakhs per year, and for Deputy Manager the minimum salary is ₹5 Lakhs to ₹12 Lakhs per year and so on.
What is the salary package for freshers in Bank of Maharashtra?
The average salary at Bank of Maharashtra for freshers is ₹6.1 Lakhs per year for Probationary Officer.
What is the notice period for Branch Manager at Bank of Maharashtra?
According to AmbitionBox, 68% of the Bank of Maharashtra Branch Managers reported a notice period of 3 Months, 13% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 68 responses on AmbitionBox in last 2 years.

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Average annual salary for Branch Manager in Bank of Maharashtra is INRunlock blur . Salary estimates are based on 69 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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