Punjab and Maharashtra Co-operative Bank Mechanic Salaries by 2 Employees (Updated 2024)

8 - 12 years exp.

₹2.7 Lakhs - ₹3.5 Lakhs

Low Confidence

Salary of majority employees

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Last Updated: 1 Dec 2024

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Mechanic salary at Punjab and Maharashtra Co-operative Bank ranges between ₹2.7 Lakhs to ₹3.5 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 2 latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.

Similar Designation salaries in Punjab and Maharashtra Co-operative Bank

Operator Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Trainee Salary

(AmbitionBox Estimate)

₹1.1 L/yr - ₹1.4 L/yr

Supervisor Salary

(4 salaries)

₹2 L/yr - ₹3 L/yr

Junior Engineer Salary

(3 salaries)

₹1.8 L/yr - ₹3 L/yr

Electrical Engineer Salary

(3 salaries)

₹2.8 L/yr - ₹3.5 L/yr

Assistant Engineer Salary

(AmbitionBox Estimate)

₹3.2 L/yr - ₹4.1 L/yr

Production Engineer Salary

(AmbitionBox Estimate)

₹24.8 L/yr - ₹31.6 L/yr

Salary related reviews for Punjab and Maharashtra Co-operative Bank

Management Trainee in Mumbai

Full Time

BFSI, Investments & Trading Department

3.0

• posted on 14 Sep 2020

2.0

for Salary and Benefits

Likes

Bank was good before imposition of directives under 35A by RBI. Work life balance was also good. But now they have terminated all the Management Trainees from the Bank without any prior notice on 31st August 2020 citing bank's severe financial condition due to directives under 35A imposed by RBI.

Dislikes

Low Pay. Slow growth and long trainee period.

Management Trainee in Mumbai

Full Time

BFSI, Investments & Trading Department

5.0

• posted on 28 Nov 2018

4.0

for Salary and Benefits

Likes

I am learning about various banking products basically i am working in loan section where i am handling various various loans from processing to disbursing

Dislikes

Compensation is good but growth is slow.i always wanted to work withI reputed bank training is provided by bank, but salary i was getting is very low as per my work.

Management Trainee in Kolhapur

Customer Success, Service & Operations Department

5.0

• posted on 20 Nov 2020

1.0

for Salary and Benefits

Likes

Good work environment and culture.teammates are supportive.there is huge cafeteria and gaming arcade for chilling..one of most is there is jim for all staff to fit abd healthy.

Dislikes

Management traninee traninee bond is so longer.salary package confusing or its incomplete...

Management Trainee in Bhandup West,Mumbai

Shares department Department

4.0

• posted on 16 Jun 2021

4.0

for Salary and Benefits

Likes

...vironment and culture.staff are supportive and caring.management is transparent.bank policies are good and average salary.

Dislikes

There is a lot of politics senior members are low knowledgeable.there is low salary and more extra work for lower employees.

Management Trainee in Mumbai

Shares department Department

5.0

• posted on 16 Dec 2021

4.0

for Salary and Benefits

Likes

...ff were supportive and management is transparent. Work environment is excellent.policies are good and give good salary hike and bonus.

Dislikes

Salary is decent but career growth is slow. There is a 3 years of probation period.

see more salary related reviews

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a technical project manager

Deadend

Hi, I'm here to share a part of my journey from the past 12 years in my career, I started from a package of 3.6LPA in 2013 at iGate and due to a few bad decisions on my career and worthless advices from people who are always pessimistic about the industry, I switched two companies and landed in a start-up with 2.4LPA. I worked hard nearly 8-16hrs a day single handed researched, built and managed an entire vertical of a project for 8 years. When the company didn't value my contribution and thought I was too young to become a manager, I had a package of 6LPA and Senior developer in designation. I switched for obvious reasons to a TL role for 12LPA and now at the same company I'm a TPM on the basis of my contribution with 48LPA as a fixed component. I feel outclassed in terms of having a fancy CV with certifications, I feel like CTC has hit a peak with 48LPA being fixed and nearly 40% in Variable. Most companies are hesitant to hire me because of this. What should be my next move?

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Punjab and Maharashtra Co-operative Bank Mechanic Salary FAQs

What is the notice period for Mechanic at Punjab and Maharashtra Co-operative Bank?

According to AmbitionBox, 100% of the Punjab and Maharashtra Co-operative Bank Mechanics reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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Punjab and Maharashtra Co-operative Bank Mechanic Salaries

Punjab and Maharashtra Co-operative Bank Mechanic salary in India ranges between ₹2.7 Lakhs to ₹3.5 Lakhs. This is an estimate based on latest salaries received from employees of Punjab and Maharashtra Co-operative Bank.