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Bank of Maharashtra Senior Manager Salaries in India

based on 132 latest salaries
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BFSI, Investments & Trading Finance & Accounting Customer Success, Service & Operations Engineering - Software & QA + 6 more
Designation Avg Annual Salary Open Jobs
8 - 14 years exp. (132 salaries)
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₹10 L/yr - ₹30 L/yr

1 - 8 years exp. (83 salaries)
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₹5 L/yr - ₹12.2 L/yr

5 - 12 years exp. (71 salaries)
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₹8 L/yr - ₹21 L/yr

3 - 6 years exp. (3 salaries)
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₹5 L/yr - ₹13 L/yr

6 years exp. (AmbitionBox Estimate)
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₹5.6 L/yr - ₹7.2 L/yr

12 - 13 years exp. (AmbitionBox Estimate)
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₹14.6 L/yr - ₹18.7 L/yr

3 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

1 year exp. (AmbitionBox Estimate)
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₹1 L/yr - ₹1.3 L/yr

2 years exp. (AmbitionBox Estimate)
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₹2.4 L/yr - ₹3 L/yr

3 years exp. (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

Fresher (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

2 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

7 years exp. (AmbitionBox Estimate)
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₹4.1 L/yr - ₹5.2 L/yr

9 - 15 years exp. (58 salaries)
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₹14 L/yr - ₹38 L/yr

5 - 10 years exp. (30 salaries)
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₹9 L/yr - ₹20 L/yr

10 - 15 years exp. (20 salaries)
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₹24 L/yr - ₹42 L/yr

6 - 14 years exp. (20 salaries)
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₹13 L/yr - ₹19 L/yr

0 - 6 years exp. (12 salaries)
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₹0.5 L/yr - ₹8 L/yr

5 - 11 years exp. (11 salaries)
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₹6.3 L/yr - ₹17.5 L/yr

3 - 11 years exp. (11 salaries)
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₹8 L/yr - ₹20 L/yr

0 - 5 years exp. (9 salaries)
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₹2.4 L/yr - ₹8 L/yr

Last Updated: 24 Dec, 2024

Salary related reviews for Bank of Maharashtra

3.7

Rated by 20 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.

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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

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.

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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.

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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.

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Dislikes

Heavy work load, risk involved in credit , incessant targets bombarded every day ,no work life balance

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

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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.

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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 132 Bank of Maharashtra salaries received from various employees of Bank of Maharashtra. Bank of Maharashtra employees rate the overall salary and benefits package 3.7/5 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 ₹22.01 lakhs per year. The top 1% earn more than a whopping ₹38 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 ₹12.2 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 Senior Manager at Bank of Maharashtra?
According to AmbitionBox, 73% of the Bank of Maharashtra Senior Managers reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 108 responses on AmbitionBox in last 2 years.

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Average annual salary for Senior Manager in Bank of Maharashtra is INRunlock blur . Salary estimates are based on 132 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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