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Bank of Maharashtra

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3.4

based on 351 Reviews

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Bank of Maharashtra Deputy Manager salaries in India (Updated 2025)

Annual salary range
1 - 8 years exp.
₹5 Lakhs - ₹13 Lakhs
Salary of majority employees info icon
Avg. annual salary
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Monthly In-hand Salary

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Deputy Manager Salary at Bank of Maharashtra ranges between ₹5 Lakhs to ₹13 Lakhs per year for employees with experience between 1 year to 8 years. Salary estimates are based on 80 latest salaries received... Read more

At par with the average Deputy Manager Salary in Banking Companies for 1 - 8 years of experience

Interested in this particular role?

Last Updated: 4 Jun 2025

Companies similar to Bank of Maharashtra for Deputy Manager

Company name Avg Annual Salary Open Jobs
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IndusInd Bank Deputy Manager Salary

0 - 13 years exp. (3.7k salaries)

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₹1.7 L/yr - ₹7.7 L/yr

arrow icon 49% less
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Yes Bank Deputy Manager Salary

0 - 13 years exp. (3.2k salaries)

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₹2.3 L/yr - ₹9.1 L/yr

arrow icon 40% less
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IDFC FIRST Bank Deputy Manager Salary

0 - 12 years exp. (2.5k salaries)

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₹1.8 L/yr - ₹9.5 L/yr

arrow icon 42% less
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AU Small Finance Bank Deputy Manager Salary

0 - 12 years exp. (1.1k salaries)

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₹1.8 L/yr - ₹8.5 L/yr

arrow icon 44% less
3 job openings
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Ujjivan Small Finance Bank Deputy Manager Salary

0 - 10 years exp. (166 salaries)

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₹2.5 L/yr - ₹6 L/yr

arrow icon 56% less
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Equitas Small Finance Bank Deputy Manager Salary

3 - 13 years exp. (250 salaries)

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₹2.4 L/yr - ₹8.4 L/yr

arrow icon 41% less
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DBS Bank Deputy Manager Salary

4 - 14 years exp. (84 salaries)

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₹4 L/yr - ₹13 L/yr

arrow icon 17% less
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Standard Chartered Deputy Manager Salary

2 - 13 years exp. (30 salaries)

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₹3.8 L/yr - ₹12 L/yr

arrow icon 29% less
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Bank of Baroda Deputy Manager Salary

3 - 10 years exp. (11 salaries)

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₹3.8 L/yr - ₹13.2 L/yr

arrow icon 8% less
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Jana Small Finance Bank Deputy Manager Salary

3 - 8 years exp. (11 salaries)

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₹3 L/yr - ₹6 L/yr

arrow icon 49% less
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Federal Bank Deputy Manager Salary

0 - 7 years exp. (8 salaries)

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₹4.1 L/yr - ₹11.1 L/yr

arrow icon 28% less
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NatWest Group Deputy Manager Salary

7 - 10 years exp. (8 salaries)

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₹5.1 L/yr - ₹8.2 L/yr

arrow icon 31% less
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IDBI Bank Deputy Manager Salary

0 - 6 years exp. (7 salaries)

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₹2.5 L/yr - ₹9 L/yr

arrow icon 49% less
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Indian Overseas Bank Deputy Manager Salary

7 - 13 years exp. (4 salaries)

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₹10 L/yr - ₹15.6 L/yr

arrow icon 28% more
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HSBC Global Banking and Markets Deputy Manager Salary

3 - 6 years exp. (4 salaries)

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₹8.3 L/yr - ₹16.8 L/yr

arrow icon 27% more
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State Street Bank Deputy Manager Salary

10 - 20 years exp. (4 salaries)

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₹9 L/yr - ₹14.9 L/yr

arrow icon 18% more
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Barclays Deputy Manager Salary

7 - 9 years exp. (7 salaries)

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₹6.5 L/yr - ₹15.5 L/yr

arrow icon 11% more
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Bank of America Deputy Manager Salary

6 - 9 years exp. (3 salaries)

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₹12.5 L/yr - ₹27.5 L/yr

arrow icon 93% more
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Reserve Bank of India Deputy Manager Salary

0 - 2 years exp. (4 salaries)

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₹18 L/yr - ₹23 L/yr

arrow icon 101% more
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Bank of India Deputy Manager Salary

3 - 5 years exp. (3 salaries)

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₹3.1 L/yr - ₹16.1 L/yr

arrow icon 7% more
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Indian Bank Deputy Manager Salary

3 - 4 years exp. (3 salaries)

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₹8 L/yr - ₹11.5 L/yr

arrow icon 5% more
View all
Bank of Maharashtra Deputy Manager Salary and Career Growth

From

To

Deputy Manager

₹unlock blur Lakhs/yr

1 - 8 years exp.

Chief Manager

₹unlock blur Lakhs/yr

9 - 15 years exp.

Deputy Manager

1 - 8 years exp.
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Manager

5 - 13 years exp.
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arrow icon 56% hike

Senior Manager

8 - 14 years exp.
unlock blur
arrow icon 49% hike
Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.
Career and salary growth
cross

From

To

Deputy Manager

₹ 9.7 Lakhs/yr

1 - 8 years exp.

Chief Manager

₹ 25.5 Lakhs/yr

9 - 15 years exp.

Deputy Manager 1 - 8 years exp.
₹ 9.7 L/yr
Manager 5 - 13 years exp.
₹ 15.1 L/yr
arrow icon 56% hike
Senior Manager 8 - 14 years exp.
₹ 22.6 L/yr
arrow icon 49% hike
    Chief Manager 9 - 15 years exp.
    ₹ 25.5 L/yr
    arrow icon 13% hike
    Disclaimer: Our data limits the visualization of this career path at this point. However, other roles and opportunities might be available within the organization beyond what is shown here.
    Did you find above career path helpful?

    Latest annual salaries shared by Bank of Maharashtra Deputy Manager

    3w ago
    ₹10 Lakhs
    7 years exp.
    3w ago
    ₹8.4 Lakhs
    2 years exp.
    1mo ago
    ₹12 Lakhs
    2 years exp.
    1mo ago
    ₹6 Lakhs
    5 years exp.
    4mo ago
    ₹12 Lakhs
    2 years exp.
    4mo ago
    avg blur mobile
    8 years exp.
    6mo ago
    avg blur mobile
    3 years exp.
    6mo ago
    avg blur mobile
    2 years exp.
    8mo ago
    avg blur mobile
    1 year exp.
    10mo ago
    avg blur mobile
    4 years exp.

    Bank of Maharashtra Deputy Manager salaries by

    Years of experience Avg. annual salary
    1 year  (5 salaries)

    unlock blur

    ₹6 L/yr - ₹12 L/yr
    2 years  (17 salaries)

    unlock blur

    ₹7 L/yr - ₹12 L/yr
    Login to view exact salary info icon
    3 years  (11 salaries)

    unlock blur

    ₹8 L/yr - ₹13 L/yr
    4 years  (10 salaries)

    unlock blur

    ₹5 L/yr - ₹12 L/yr
    5 years  (11 salaries)

    unlock blur

    ₹5 L/yr - ₹11 L/yr
    6 years  (7 salaries)

    unlock blur

    ₹7 L/yr - ₹12 L/yr
    7 years  (9 salaries)

    unlock blur

    ₹5.8 L/yr - ₹12 L/yr
    8 years  (10 salaries)

    unlock blur

    ₹6.7 L/yr - ₹12 L/yr
    View all salaries by experience

    Similar Designation Salaries at Bank of Maharashtra

    Similar Designation Avg. annual salary
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    (5 salaries)
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    ₹10.8 L/yr - ₹25 L/yr

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    (70 salaries)
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    ₹8 L/yr - ₹22 L/yr

    Login to view exact salary info icon
    Deputy Branch Manager Salary
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    ₹7.5 L/yr - ₹14.5 L/yr

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    ₹10 L/yr - ₹20 L/yr

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    ₹4.8 L/yr - ₹6.1 L/yr

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    ₹5 L/yr - ₹13 L/yr

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    Top trending discussions

    View All
    Salary Discussions, Hike & Promotions
    2w
    a senior executive
    GF salary Vs. My salary
    Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!
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    Salary related reviews for Bank of Maharashtra

    3.5

    Rated by 21 employees for salary & benefits

    Branch Manager in Pune

    Full Time

     · 

    BFSI, Investments & Trading Department

    2.0
      •  updated on 09 Aug 2024

    4.0
     for  Salary and Benefits

    Likes

    Salary credited on time nothing else

    • Salary - Good
    • +1 more

    Dislikes

    No work life balance, extreme pressure for sales . Shortage of staff and very bad behaviour of higher Management executives on middle management officers. Frequent all India transfers , usse transfer as tools to harass it's employees to meet their targets.

    read more
    • Skill development - Poor
    • +4 more

    Operations Manager in Pune

    Operations Department

    1.0
      •  updated on 09 Dec 2021

    3.0
     for  Salary and Benefits

    Likes

    Nothing Except the Means as providing salary but in vain. Job is secure but Life is not.

    read more
    • Job security - Good
    • +1 more

    Dislikes

    Discriminative, insulting, Torturous, Biased, Zero Work life balance, Unsupportive, No life security includes forced Unhealthy routines leads to serious health problems, Chaotic, tensed ambiance and many.

    read more
    • Skill development - Poor
    • +3 more

    Manager in Patna

    Full Time

     · 

    Credit monitoring Dept. Department

    3.0
      •  updated on 20 Aug 2021

    2.0
     for  Salary and Benefits

    Likes

    They have a very good policy and one should spend some time to understand the policies.

    • Job security - Good
    • +2 more

    Dislikes

    ...f Maharashtra is an old generation bank and it will reflect in the work culture. They still have the system of manual salary where one need to submit an attendance sheet and the same would be send to zone. Then they will upload and you will receive your salary and stuffs like that.

    read more
    • Salary - Poor
    • +2 more

    Assistant Manager in Pune

    Full Time

     · 

    Other Department

    2.0
      •  updated on 05 Mar 2018

    1.0
     for  Salary and Benefits

    Likes

    ...dustry going through tough it's quite difficult to work in this organization . Heavy work pressure and the risk involve in it doesn't compesate the salary in hand.

    read more
    • Job security - Good
    • +1 more

    Dislikes

    Heavy work load, risk involved in credit , incessant targets bombarded every day ,no work life balance

    • Salary - Bad
    • +4 more

    Manager in Gujarat

    BFSI, Investments & Trading Department

    2.0
      •  updated on 02 Feb 2022

    4.0
     for  Salary and Benefits

    Likes

    Job Security, PSU Bank, Allowance are good as compared to industry, Career growth opportunities are there. Technology is good

    read more
    • Salary - Good
    • +2 more

    Dislikes

    ...ot believe in training. You should be a self learner Pathetic Work life balance. They will call on Saturday and sunday without compensation. Quality of the proposal is not good.

    read more
    • Skill development - Bad
    • +3 more
    see more salary related reviews
    More about working at Bank of Maharashtra
    • HQ - Pune, India
    • Banking
    • 10k-50k Employees (India)
    • Financial Services

    Bank of Maharashtra Deputy Manager Salary FAQs

    What is the salary of Deputy Manager at Bank of Maharashtra ?
    The average salary of a Deputy Manager at Bank of Maharashtra in India typically ranges from ₹5.0 Lakhs to ₹13.0 Lakhs per year, depending on experience (from 1 year to 8 years).

    The top 10% of Deputy Manager at Bank of Maharashtra earn more than ₹12.0 Lakhs per year, and the top 1% earn over ₹12.7 Lakhs per year. Deputy Manager Salaries at Bank of Maharashtra can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

    These estimates are based on salary data submitted by 80+ Bank of Maharashtra employees in India.
    What is the estimated take home salary of a Deputy Manager at Bank of Maharashtra in India?
    The estimated take-home salary of a Deputy Manager at Bank of Maharashtra in India typically ranges from ₹70,135 to ₹71,938 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹13.0 Lakhs per year for employees with experience ranging from 1 year to 8 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 80+ salaries received from various employees of Bank of Maharashtra. Check how we calculate in-hand salary with our in-hand salary calculator.
    Which companies offer higher salaries than Bank of Maharashtra for Deputy Manager in India?
    Reserve Bank of India ₹18.0 Lakhs to ₹23.0 Lakhs per year
    Bank of America ₹12.5 Lakhs to ₹27.5 Lakhs per year
    Indian Overseas Bank ₹10.0 Lakhs to ₹15.6 Lakhs per year
    HSBC Global Banking and Markets ₹8.3 Lakhs to ₹16.8 Lakhs per year
    State Street Bank ₹9.0 Lakhs to ₹14.9 Lakhs per year

    These companies are known for offering competitive compensation packages that can exceed the salary offered by Bank of Maharashtra, depending on the role and experience level.
    What is the salary of a Deputy Manager in companies similar to Bank of Maharashtra in India?
    The salary of a Deputy Manager at companies similar to Bank of Maharashtra in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

    Barclays ₹6.5 Lakhs to ₹15.5 Lakhs per year
    Bank of India ₹3.1 Lakhs to ₹16.1 Lakhs per year
    Indian Bank ₹8.0 Lakhs to ₹11.5 Lakhs per year
    Bank of Baroda ₹3.8 Lakhs to ₹13.2 Lakhs per year
    DBS Bank ₹4.0 Lakhs to ₹13.0 Lakhs per year

    These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
    How the salary growth look like for a Deputy Manager at Bank of Maharashtra in India?
    The salary growth for a Deputy Manager at Bank of Maharashtra depends on factors such as experience, performance, and promotions. On average, a Deputy Manager can expect the following growth trajectory at Bank of Maharashtra:

    Experience Average Salary Range
    1 year ₹6.0 Lakhs to ₹12.0 Lakhs per year
    2 years ₹7.0 Lakhs to ₹12.0 Lakhs per year
    3 years ₹8.0 Lakhs to ₹13.0 Lakhs per year
    4 years ₹5.0 Lakhs to ₹12.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Bank of Maharashtra Deputy Manager Salaries by Location

    • Bank of Maharashtra Deputy Manager salaries in Pune
    • Bank of Maharashtra Deputy Manager salaries in New Delhi
    • Bank of Maharashtra Deputy Manager salaries in Kolkata
    • Bank of Maharashtra Deputy Manager salaries in Bangalore / Bengaluru
    • Bank of Maharashtra Deputy Manager salaries in Mumbai
    • Show more
    • Bank of Maharashtra Deputy Manager salaries in Malshiras
    • Bank of Maharashtra Deputy Manager salaries in Bhopal
    • Bank of Maharashtra Deputy Manager salaries in Navi Mumbai
    • Bank of Maharashtra Deputy Manager salaries in Hyderabad / Secunderabad
    • Bank of Maharashtra Deputy Manager salaries in Noida
    • Home >
    • Salaries >
    • Bank of Maharashtra Salaries >
    • Bank of Maharashtra Deputy Manager Salaries

    Bank of Maharashtra Deputy Manager salary in India ranges between ₹5 Lakhs to ₹13 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 80 Bank of Maharashtra latest salaries received from various employees of Bank of Maharashtra.

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    Deputy Manager Salary in India
    based on 2.3L salaries
    ₹4 L/yr - ₹18.1 L/yr
    At par with the average Deputy Manager Salary in India
    View more details

    Bank of Maharashtra Deputy Manager Reviews and Ratings

    based on 21 reviews

    3.5/5

    Rating in categories

    3.1

    Skill development

    2.7

    Work-life balance

    3.5

    Salary

    4.3

    Job security

    2.7

    Company culture

    3.5

    Promotions

    2.6

    Work satisfaction

    Explore 21 Reviews and Ratings

    Gender Based Ratings at Bank of Maharashtra

    based on 18 Deputy Manager salaries
    4.6
    Rated by 5 Women

    for Salary and Benefits at Bank of Maharashtra

    women
    2.9
    Rated by 13 Men

    for Salary and Benefits at Bank of Maharashtra

    men
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    Bank of Maharashtra Employee Benefits
    childCareBenefits
    Child care facility
    1 total response
    healthInsurance
    Health insurance
    1 total response
    degree
    Professional degree assistance
    1 total response
    softskill
    Job/Soft skill training
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    Notice Period for Deputy Manager at Bank of Maharashtra

    based on 45 responses

    3 Months
    53%
    15 days or less
    14%
    1 Month
    13%
    2 Months
    11%
    More than 3 months
    9%
    View all
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