Mahanagar Bank Mumbai Salaries by 20+ Employees (Updated 2025)

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Designation	Avg Annual Salary	Open Jobs
Assistant Brand Manager 7 - 10 years exp. · Mumbai (4 salaries)	₹4 L/yr - ₹5.4 L/yr
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Clerk 4 - 7 years exp. · Mumbai (3 salaries)	₹1.6 L/yr - ₹3.4 L/yr
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Junior Manager 4 - 24 years exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Branch Manager 6 - 30 years exp. · Mumbai (AmbitionBox Estimate)	₹6.8 L/yr - ₹8.7 L/yr
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Senior LAW Officer 14 - 18 years exp. · Mumbai (AmbitionBox Estimate)	₹5.6 L/yr - ₹7.1 L/yr
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LAW Officer 1 year exp. · Mumbai (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Recovery Agent 2 years exp. · Mumbai (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.2 L/yr
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Banking Associate 2 years exp. · Mumbai (AmbitionBox Estimate)	₹2.2 L/yr - ₹2.8 L/yr
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Junior Branch Manager 4 years exp. · Mumbai (AmbitionBox Estimate)	₹2.7 L/yr - ₹3.5 L/yr
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Bank Manager 23 years exp. · Mumbai (AmbitionBox Estimate)	₹9 L/yr - ₹11.5 L/yr
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Senior Manager 9 years exp. · Mumbai (AmbitionBox Estimate)	₹10.8 L/yr - ₹13.8 L/yr
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Office Peon Fresher · Mumbai (AmbitionBox Estimate)	₹0.1 L/yr - ₹0.1 L/yr
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fathersahaab

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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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Mahanagar Bank Salary FAQs

How much does Mahanagar Bank pay per year?

The average Mahanagar Bank salary ranges from approximately ₹1.6 Lakh to ₹3.4 Lakhs per year for a Clerk and ₹1.6 Lakh to ₹3.4 Lakhs per year for a Clerk. Salary estimates are based on 20 Mahanagar Bank salaries received from various employees of Mahanagar Bank. Mahanagar Bank employees rate the overall salary and benefits package 1.9/5 stars.

What is the highest salary in Mahanagar Bank?

The highest-paying job at Mahanagar Bank is a Clerk with a salary of ₹1.6 Lakh to ₹3.4 Lakhs per year. The top 10% of employees earn more than ₹9.65 lakhs per year. The top 1% earn more than a whopping ₹18.53 lakhs per year.

What is the minimum salary in Mahanagar Bank?

Minimum salary at Mahanagar Bank depends on the role you are applying for. For Office Peon the minimum salary is ₹0.1 Lakh to ₹0.1 Lakh per year, and for Clerk the minimum salary is ₹1.6 Lakh to ₹3.4 Lakhs per year and so on.

What is the notice period at Mahanagar Bank in Mumbai?

According to AmbitionBox, 70% of the Mahanagar Bank employees in Mumbai reported a notice period of 1 Month, 20% reported a notice period of 15 days or less and the remaining reported other notice period durations. This is based on 10 responses on AmbitionBox in last 2 years.

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Mahanagar Bank Mumbai Salaries by Department

Average annual salary in Mahanagar Bank , Mumbai is INR . Salary estimates are based on 20 Mahanagar Bank latest salaries received from various employees of Mahanagar Bank.