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Bank of Maharashtra

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3.5

based on 320 Reviews

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Bank of Maharashtra Salaries in India (Updated 2025)

based on 1.4k 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

Operations Officer

Experience: NA  (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

Operations Executive

6 years exp. (AmbitionBox Estimate)
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₹4.8 L/yr - ₹6.2 L/yr

Hospital Pharmacist

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

Journalist

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

Sales Officer

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

Senior Credit Officer

11 years exp. (AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr

Assistant General Manager Quality Assurance

12 years exp. (AmbitionBox Estimate)
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₹13.5 L/yr - ₹17.2 L/yr

Special Assistant

31 years exp. (AmbitionBox Estimate)
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₹0.8 L/yr - ₹1 L/yr

Area Sales Manager

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

Teller

1 year exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

Office Staff

4 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

DOT NET Developer

5 years exp. (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

Principal

23 years exp. (AmbitionBox Estimate)
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₹15.3 L/yr - ₹19.5 L/yr

Agriculture Officer

5 years exp. (AmbitionBox Estimate)
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₹6 L/yr - ₹7.7 L/yr

Banking Associate

9 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Chief Cashier

31 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹11 L/yr

Specialist Officer

7 years exp. (AmbitionBox Estimate)
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₹9.9 L/yr - ₹12.7 L/yr

Associate Consultant

1 year exp. (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Collections Manager

11 years exp. (AmbitionBox Estimate)
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₹8.1 L/yr - ₹10.4 L/yr

Collection Officer

3 years exp. (AmbitionBox Estimate)
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₹7.2 L/yr - ₹9.2 L/yr

Last Updated: 21 Mar, 2025

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Salary Discussions, Hike & Promotions
2w
a system engineer
Just had to share this, I got a 100% hike!
I'm keeping this anonymous because I don’t want to disclose it in real life. After two years without a raise, I successfully negotiated a 100% increase at my current company. I focused on creating significant value and worked in cross-functional teams to learn as much as possible. There were times when I was overworked, but it was all worthwhile. I was confident that it was a mutually beneficial situation. My advice would be to choose your job wisely, create value in the right place, and don't be afraid to negotiate.
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Salary related reviews for Bank of Maharashtra

3.7

Rated by 320 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

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

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

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

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
see more salary related reviews

Bank of Maharashtra interview questions by designations

Manager (5)Head of Product (1)Offce Assistant (1)Officer Scale 2 (1)
View all 14 interview experiences
More about working at Bank of Maharashtra

Bank of Maharashtra Salary FAQs

How much does Bank of Maharashtra pay to its employees?
The average annual salary at Bank of Maharashtra varies depending on the role, experience, and location. The salary ranges for some popular designations at Bank of Maharashtra, are as follows:

Operations Officer ₹10.8 Lakhs to ₹13.8 Lakhs per year
Operations Executive ₹4.8 Lakhs to ₹6.2 Lakhs per year
Hospital Pharmacist ₹4.1 Lakhs to ₹5.2 Lakhs per year
Journalist ₹4.5 Lakhs to ₹5.8 Lakhs per year

The highest-paying role, Assistant General Manager, earns between ₹24 Lakhs to ₹42 Lakhs per year. The top 10% of employees earn more than ₹22.2 Lakhs per year, and the top 1% earn over ₹39.3 Lakhs per year. Salaries at Bank of Maharashtra can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These salary estimates are based on data from 1.4k salaries submitted by Bank of Maharashtra employees. Bank of Maharashtra is rated 3.7 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Bank of Maharashtra in India?
The salary of a fresher at Bank of Maharashtra in India typically ranges from ₹0.5 Lakh to ₹7.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Probationary Officer Salary ₹0.5 Lakhs to ₹7.8 Lakhs per year
Fresher as a Finance Intern Salary ₹1.5 Lakhs to ₹2 Lakhs per year
Fresher as a Accountant Salary ₹3 Lakhs to ₹3.5 Lakhs per year
Fresher as a Manager II Salary ₹12.5 Lakhs to ₹18 Lakhs per year

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Bank of Maharashtra Salaries by Location

Average annual salary in Bank of Maharashtra is INRunlock blur . Salary estimates are based on 1.4k Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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