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Punjab and Maharashtra Co-operative Bank

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3.9

based on 174 Reviews

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Management Trainee
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Punjab and Maharashtra Co-operative Bank Management Trainee Salaries in India

based on 164 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading Customer Success, Service & Operations Finance & Accounting Construction & Site Engineering + 6 more
Designation Avg Annual Salary Open Jobs

Management Trainee

1 - 5 years exp. (164 salaries)
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₹1.2 L/yr - ₹3 L/yr

Accountant

0 - 13 years exp. (6 salaries)
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₹1.1 L/yr - ₹3.1 L/yr

Team Lead

9 - 11 years exp. (5 salaries)
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₹8.5 L/yr - ₹10 L/yr

Accounts Officer

9 - 14 years exp. (4 salaries)
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₹4.8 L/yr - ₹7 L/yr

Account Assistant

0 - 5 years exp. (4 salaries)
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₹1.5 L/yr - ₹2.4 L/yr

Relationship Manager

1 - 2 years exp. (AmbitionBox Estimate)
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₹1.7 L/yr - ₹2.2 L/yr

Senior Analyst

2 years exp. (AmbitionBox Estimate)
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₹8.3 L/yr - ₹10.6 L/yr

Deputy Manager

5 years exp. (AmbitionBox Estimate)
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₹3.9 L/yr - ₹5 L/yr

Analyst

12 years exp. (AmbitionBox Estimate)
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₹38.7 L/yr - ₹49.5 L/yr

Senior Associate

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

Officer

3 - 11 years exp. (388 salaries)
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₹1.3 L/yr - ₹6.3 L/yr

Credit Officer

4 - 10 years exp. (56 salaries)
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₹3 L/yr - ₹5.5 L/yr

Banking Officer

3 - 11 years exp. (42 salaries)
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₹2.4 L/yr - ₹5.3 L/yr

Branch Banking Officer

3 - 8 years exp. (13 salaries)
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₹3 L/yr - ₹4.8 L/yr

Office Assistant

1 - 6 years exp. (13 salaries)
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₹1.1 L/yr - ₹2.5 L/yr

Chief Manager

21 - 26 years exp. (12 salaries)
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₹13 L/yr - ₹15 L/yr

Branch Manager

15 - 27 years exp. (11 salaries)
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₹6 L/yr - ₹15 L/yr

Medical Officer

0 - 15 years exp. (9 salaries)
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₹4.2 L/yr - ₹8 L/yr

Project Manager

12 - 32 years exp. (8 salaries)
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₹8 L/yr - ₹27 L/yr

Civil Engineer

1 - 19 years exp. (8 salaries)
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₹1.5 L/yr - ₹5 L/yr

Clerk

2 - 4 years exp. (8 salaries)
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₹1 L/yr - ₹2.6 L/yr

Last Updated: 7 Nov, 2024

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2w
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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Salary related reviews for Punjab and Maharashtra Co-operative Bank

2.9

Rated by 30 employees for salary & benefits

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.

read more

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

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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.

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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.

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Dislikes

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

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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.

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Dislikes

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

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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.

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Dislikes

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

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see more salary related reviews

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More about working at Punjab and Maharashtra Co-operative Bank

Punjab and Maharashtra Co-operative Bank Salary FAQs

How much does Punjab and Maharashtra Co-operative Bank pay per year?
The average Punjab and Maharashtra Co-operative Bank salary ranges from approximately ₹1.1 Lakh to ₹1.3 Lakh per year for a Branch Associate and ₹8 Lakhs to ₹27 Lakhs per year for a Project Manager. Salary estimates are based on 164 Punjab and Maharashtra Co-operative Bank salaries received from various employees of Punjab and Maharashtra Co-operative Bank. Punjab and Maharashtra Co-operative Bank employees rate the overall salary and benefits package 2.9/5 stars.
What is the highest salary in Punjab and Maharashtra Co-operative Bank?
The highest-paying job at Punjab and Maharashtra Co-operative Bank is a Project Manager with a salary of ₹8 Lakhs to ₹27 Lakhs per year. The top 10% of employees earn more than ₹9.52 lakhs per year. The top 1% earn more than a whopping ₹28.89 lakhs per year.
What is the minimum salary in Punjab and Maharashtra Co-operative Bank?
Minimum salary at Punjab and Maharashtra Co-operative Bank depends on the role you are applying for. For Office Assistant the minimum salary is ₹1.1 Lakh to ₹2.5 Lakhs per year, and for Management Trainee the minimum salary is ₹1.2 Lakh to ₹3 Lakhs per year and so on.
What is the notice period for Management Trainee at Punjab and Maharashtra Co-operative Bank?
According to AmbitionBox, 47% of the Punjab and Maharashtra Co-operative Bank Management Trainees reported a notice period of 15 days or less, 33% reported a notice period of 3 Months and the remaining reported other notice period durations. This is based on 15 responses on AmbitionBox in last 2 years.

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Average annual salary for Management Trainee in Punjab and Maharashtra Co-operative Bank is INRunlock blur . Salary estimates are based on 164 Punjab and Maharashtra Co-operative Bank latest salaries received from various employees of Punjab and Maharashtra Co-operative Bank.

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