Maharashtra Gramin Bank Aurangabad Branch Manager Salaries by 2 Employees

6 - 8 years exp.

₹8.1 Lakhs - ₹10.4 Lakhs

Low Confidence

Avg. annual salary (AmbitionBox Estimate)

Monthly In-hand Salary

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Last Updated: 22 May 2023

Companies similar to Maharashtra Gramin Bank for Branch Manager in Aurangabad

Maharashtra Gramin Bank Branch Manager Salary

6 - 8 years exp. (AmbitionBox Estimate)

₹8.1 L/yr - ₹10.4 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Securities Branch Manager Salary 9 - 12 years exp. (4 salaries)	₹6.2 L/yr - ₹8.5 L/yr 21% less
Edelweiss Branch Manager Salary 9 - 11 years exp. (3 salaries)	₹7 L/yr - ₹7.7 L/yr 23% less
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Mahindra Rural Housing Finance Branch Manager Salary 3 - 13 years exp. (65 salaries)	₹2.1 L/yr - ₹7.3 L/yr 43% less	1 job opening
Mahindra Finance Branch Manager Salary 5 - 10 years exp. (10 salaries)	₹2.6 L/yr - ₹5.1 L/yr 51% less

Branch Manager salary at Maharashtra Gramin Bank ranges between ₹8.1 Lakhs to ₹10.4 Lakhs per year for employees with experience between 6 years to 8 years. Salary estimates are based on 2 latest salaries received from various employees of Maharashtra Gramin Bank.

Salary related reviews for Maharashtra Gramin Bank

1.8

Rated by 2 employees for salary & benefits

Bank Clerk in Nagpur

BFSI, Investments & Trading Department

5.0

• posted on 14 Jan 2021

5.0

for Salary and Benefits

Likes

...gement is transparent. There is a huge cafeteria and gaming arcade for chilling. Company policies are good, appraisals are fair and they give good salary hike and bonus every year.

Salary - Excellent

+6 more

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. There is a bond of 2 years before which you cannot resign. On the job training is not given to new joinees.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Maharashtra Gramin Bank Branch Manager Salary FAQs

How the salary growth look like for a Branch Manager at Maharashtra Gramin Bank in Aurangabad?

The salary growth for a Branch Manager at Maharashtra Gramin Bank in Aurangabad depends on factors such as experience, performance, and promotions. On average, a Branch Manager in Aurangabad can expect the following growth trajectory at Maharashtra Gramin Bank:

Experience	Average Salary Range
6 years	₹7.9 Lakhs to ₹10.1 Lakhs per year
7 years	₹8.1 Lakhs to ₹10.3 Lakhs per year
8 years	₹8.2 Lakhs to ₹10.5 Lakhs per year

and so on.

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Maharashtra Gramin Bank Branch Manager Salaries in Aurangabad

Maharashtra Gramin Bank Branch Manager salary in Aurangabad ranges between ₹8.1 Lakhs to ₹10.4 Lakhs. This is an estimate based on latest salaries received from employees of Maharashtra Gramin Bank.

Maharashtra Gramin Bank Branch Manager salaries in Aurangabad

Companies similar to Maharashtra Gramin Bank for Branch Manager in Aurangabad

Salary related reviews for Maharashtra Gramin Bank

Bank Clerk in Nagpur

Maharashtra Gramin Bank Branch Manager Salary FAQs

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