Mahanagar Bank Clerk Salaries by 5 Employees (Updated 2025)

4 - 7 years exp.

₹1.6 Lakh - ₹3.4 Lakhs

Low Confidence

Salary of majority employees

25% less than the average Clerk Salary in Banking Companies for 4 - 7 years of experience

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Salaries in different departments

Finance & Accounting Clerk Salary 4 - 5 years exp. (4 salaries)	₹1.6 L/yr - ₹3.4 L/yr
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Human Resources Clerk Salary 7 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.2 L/yr

Last Updated: 2 May 2024

Companies similar to Mahanagar Bank for Clerk

Company name	Avg Annual Salary	Open Jobs
Abhyudaya Co-operative Bank Clerk Salary 1 - 12 years exp. (83 salaries)	₹2 L/yr - ₹6 L/yr 48% more
The Co-operative Bank Clerk Salary 0 - 7 years exp. (57 salaries)	₹1 L/yr - ₹5.1 L/yr 11% less
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HDFC Bank Clerk Salary 0 - 6 years exp. (35 salaries)	₹0.7 L/yr - ₹4.1 L/yr 19% more
Bank Muscat Clerk Salary 0 - 10 years exp. (34 salaries)	₹0.8 L/yr - ₹7.5 L/yr 29% more
ICICI Bank Clerk Salary 0 - 7 years exp. (13 salaries)	₹1.5 L/yr - ₹6.5 L/yr 35% more
Axis Bank Clerk Salary 0 - 11 years exp. (13 salaries)	₹1.8 L/yr - ₹4.4 L/yr 22% more
Citizen Co-operative Bank Clerk Salary 1 - 7 years exp. (4 salaries)	₹1 L/yr - ₹5 L/yr 29% more
IndusInd Bank Clerk Salary 0 - 4 years exp. (3 salaries)	₹1.1 L/yr - ₹3 L/yr 23% less
Rajkot Nagarik Sahakari Bank Clerk Salary 0 - 7 years exp. (3 salaries)	₹1.8 L/yr - ₹4.4 L/yr 1% more

Clerk salary at Mahanagar Bank ranges between ₹1.6 Lakh to ₹3.4 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 5 latest salaries received from various employees of Mahanagar Bank.

Experience wise Mahanagar Bank Clerk salaries

Last Updated: 2 May 2024

Experience	Avg Annual Salary
4 years (AmbitionBox Estimate)	₹1.6 L/yr - ₹3.3 L/yr
5 years (AmbitionBox Estimate)	₹1.1 L/yr - ₹3.4 L/yr
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6 years (AmbitionBox Estimate)	₹2.3 L/yr - ₹3 L/yr
7 years (AmbitionBox Estimate)	₹2 L/yr - ₹4.4 L/yr

Similar Designation salaries in Mahanagar Bank

Accounts Officer Salary

(AmbitionBox Estimate)

₹3.6 L/yr - ₹4.6 L/yr

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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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Mahanagar Bank Clerk Salary FAQs

What is the salary of Clerk at Mahanagar Bank?

Clerk salary at Mahanagar Bank in India ranges between ₹1.6 Lakhs to ₹3.4 Lakhs for experience between 4 years to 7 years. According to our estimates it is 25% less than the average Clerk Salary in India. Salary estimates are based on 5 latest salaries received from various employees of Mahanagar Bank India.

How does the salary of a Clerk at Mahanagar Bank India compare with the average salary range for this job?

The average salary of a Clerk at Mahanagar Bank is 25% less than the average salary of a Clerk in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mahanagar Bank to a Clerk in India?

Abhyudaya Co-operative Bank Clerk Salary - ₹2.0 Lakhs to ₹6.0 Lakhs per year
ICICI Bank Clerk Salary - ₹1.5 Lakhs to ₹6.5 Lakhs per year
Citizen Co-operative Bank Clerk Salary - ₹1.0 Lakhs to ₹5.0 Lakhs per year
Bank Muscat Clerk Salary - ₹0.8 Lakhs to ₹7.5 Lakhs per year
Axis Bank Clerk Salary - ₹1.8 Lakhs to ₹4.4 Lakhs per year

What is the salary of a Clerk in companies similar to Mahanagar Bank in India?

HDFC Bank Clerk Salary - ₹0.7 Lakhs to ₹4.1 Lakhs per year
Rajkot Nagarik Sahakari Bank Clerk Salary - ₹1.8 Lakhs to ₹4.4 Lakhs per year
The Co-operative Bank Clerk Salary - ₹1.0 Lakhs to ₹5.1 Lakhs per year
IndusInd Bank Clerk Salary - ₹1.1 Lakhs to ₹3.0 Lakhs per year

What is the estimated take home salary of a Clerk at Mahanagar Bank in India?

The estimated take-home salary of a Clerk at Mahanagar Bank ranges between ₹18,524 per month to ₹20,210 per month in India. The take-home salary calculation is based on the average Mahanagar Bank Clerk salary in India which ranges between ₹1.6 Lakhs to ₹3.4 Lakhs per year for employees with experience between 4 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Clerk at Mahanagar Bank?

According to AmbitionBox, 60% of the Mahanagar Bank Clerks reported a notice period of 15 days or less, 40% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Mahanagar Bank Clerk Salaries

Mahanagar Bank Clerk salary in India ranges between ₹1.6 Lakh to ₹3.4 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mahanagar Bank latest salaries received from various employees of Mahanagar Bank.