Bank of Maharashtra Generalist Officer Salary Structure

Bank of Maharashtra Recruitment 2025

Bank of Maharashtra has announced the recruitment of 500 Generalist Officers in Scale II for the 2025–26 project. The online application process is open from 13 August 2025 to 30 August 2025. Interested candidates can apply through the official website bankofmaharashtra.in.

Applicants must have a Bachelor’s degree with at least 60% marks (55% for SC/ST/OBC/PwBD) or be a Chartered Accountant. A minimum of 3 years of post-qualification experience as an officer in a Scheduled Commercial Bank is required. The age limit is 22 to 35 years, with relaxation for reserved categories as per government rules.

This is a great opportunity to work in a leading public sector bank with over 2,600 branches across India. Ensure you meet the eligibility criteria before applying. Do not miss the chance to join the Bank of Maharashtra and build a rewarding banking career.

Bank of Maharashtra Salary 2025

The Bank of Maharashtra has released details of the Generalist Officer Scale II salary in its official notification at bankofmaharashtra.in. The starting basic pay for Scale II officers is ₹64,820 with annual increments, going up to ₹93,960.

Officers are also eligible for allowances such as Dearness Allowance (DA), House Rent Allowance (HRA) or lease rental, City Compensatory Allowance (CCA), medical benefits, and other perks as per bank rules.

Knowing the Bank of Maharashtra salary structure and benefits helps candidates plan their career path. This pay package, along with job security and growth opportunities, makes the Bank of Maharashtra a strong choice for those seeking a stable and rewarding banking career in 2025.

Bank of Maharashtra Scale 2 Salary 2025

As per the official notification, the Bank of Maharashtra offers the following salary structure for Generalist Officers:

Scale 2 Officer:

• Basic Pay: Rs. 64,820 with annual increments of Rs. 2,340 for the first year and subsequent increments of Rs. 2,680 for 10 years.
• Total Salary: The salary can go up to Rs. 93,960 after 1 year of service.

Bank of Maharashtra Scale 2 Salary Structure

Selected candidates for the Bank of Maharashtra Generalist Officer position will be on probation for one year. During this period, they will be eligible for various allowances such as Dearness Allowance (D.A), House Rent Allowance (H.R.A) or Lease Rental, City Compensatory Allowance (C.C.A), Medical benefits, and other applicable allowances.

The specific allowances may vary depending on the place of posting.

It is important to note that these salary details are based on the official notification, and any changes or revisions to the salary structure will be communicated by the Bank of Maharashtra.

Probation and Service Bond

Selected candidates for the Generalist Officer Scale II post will be on probation for 6 months from the date of joining. They must sign a service bond of ₹2 lakh to serve the Bank for a minimum period of 2 years.

During probation, candidates will undergo continuous assessment. Confirmation in the Bank’s service will depend on meeting the performance standards set by the Bank.

If a candidate resigns before completing the bond period, the bond amount will be payable to the Bank. Failure to meet the required standards during probation may lead to termination of service.

BOM Generalist Officer Job Profile

Being a Bank of Maharashtra Generalist Officer, you have to perform certain duties. You should read this Bank of Maharastra Generalist Officer Job Profile in detail to understand the duties and profile completely.

You will be responsible for the Business Development of the bank. You will have to maintain liaison with authorities of Govt. / RBI / Public. Monitoring of credit portfolio / Upgradation of NPAs / Recovery in NPAs will also come under your work profile. Some of the duties you are expected to perform as a Bank of Maharashtra Generalist Officer have been given below.

• Exercise sanctioning powers both lending & non-lending / administrative and reporting to higher authorities.
• Carrying out of due diligence on credit proposals assigned, Timely completion of Review / Renewals as Appraiser, including Credit Risk Assessment proposals.
• Meeting customer needs and supervising the job rotation.
• Maintaining public relations and ensuring dealing with the customers and public in person in correspondence and the telephone.
• Ensure maintenance of a stock of security items, passbooks, publicity literature and various forms required for deposits and advance and other transactions.
• Effective cash management.
• Ensuring periodic verification of the securities and attending to the orderly arrangement of joint custody.
• Overall control of housekeeping.
• Monitor and maintain a close watch on current accounts, big accounts, newly opened accounts and other institutional accounts which form sizable shares in total deposits.
• Ensure periodical verification of securities and attend to the orderly arrangement of joint custody items duly getting relevant registers updated as a joint custodian