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Bank of Maharashtra

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3.5

based on 305 Reviews

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Bank of Maharashtra Salaries in India

based on 1.3k 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

Cashier Executive

Fresher (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

Chief Corporate Finance Manager

14 years exp. (AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr

Chief Credit Manager

14 years exp. (AmbitionBox Estimate)
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₹20.1 L/yr - ₹25.7 L/yr

Chief Credit Risk Manager

8 years exp. (AmbitionBox Estimate)
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₹21.6 L/yr - ₹27.6 L/yr

Chief Risk Officer

30 years exp. (AmbitionBox Estimate)
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₹71.3 L/yr - ₹78.8 L/yr

Clerk Staff

Fresher (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Commercial Clerk

9 years exp. (AmbitionBox Estimate)
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₹3.3 L/yr - ₹4.3 L/yr

Commercial Credit Analyst

5 years exp. (AmbitionBox Estimate)
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₹11.1 L/yr - ₹14.2 L/yr

Credit Analyst and Senior Manager

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

Credit Monitoring Manager

9 years exp. (AmbitionBox Estimate)
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₹18 L/yr - ₹23 L/yr

Debt Recovery Officer

5 years exp. (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

Employee Banking Manager

Fresher (AmbitionBox Estimate)
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₹0.2 L/yr - ₹0.2 L/yr

Fitter Engineer

2 years exp. (AmbitionBox Estimate)
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₹0.4 L/yr - ₹0.5 L/yr

Home Loan Manager

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

Karate Instructor

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

KYC Officer

2 years exp. (AmbitionBox Estimate)
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₹3.6 L/yr - ₹4.6 L/yr

Manager and Accountant

12 years exp. (AmbitionBox Estimate)
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₹0.9 L/yr - ₹1.2 L/yr

Manager Band 2

9 years exp. (AmbitionBox Estimate)
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₹13.1 L/yr - ₹16.7 L/yr

MIS Executive and Analyst

7 years exp. (AmbitionBox Estimate)
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₹18.7 L/yr - ₹23.9 L/yr

Networks Manager

8 years exp. (AmbitionBox Estimate)
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₹8.6 L/yr - ₹10.9 L/yr

Last Updated: 9 Jan, 2025

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1w (edited)
a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards. I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high. What should be the ideal salary expectation for someone with my experience in the current market?
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Salary related reviews for Bank of Maharashtra

3.7

Rated by 305 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.

read 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.

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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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

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

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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.

read 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

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
see more salary related reviews

Bank of Maharashtra interview questions by designations

Manager (5)Assistant Manager (3)IT (Data Analytics) (1)Security Administrator (1)
View all 17 interview experiences
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 1.3k 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 lakhs per year. The top 1% earn more than a whopping ₹38.72 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 at Bank of Maharashtra?
According to AmbitionBox, 53% of the Bank of Maharashtra employees reported a notice period of 3 Months, 17% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 980 responses on AmbitionBox in last 2 years.

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Bank of Maharashtra Salaries by Location

Bank of Maharashtra Salaries by Department

Average annual salary in Bank of Maharashtra is INRunlock blur . Salary estimates are based on 1.3k Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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