Bank of Maharashtra Apprentice Salary 2026: Stipend, Job Profile, and Details

The Bank of Maharashtra is inviting applications for 600 apprentice vacancies, offering graduates an excellent opportunity to gain industry-standard practical experience over a one-year tenure. Understanding the Bank of Maharashtra Apprentice salary for 2026 is essential for applicants planning their career path. This article outlines the compensation structure and expected professional development during the program.

Bank of Maharashtra Apprentice Salary 2026

Under the Bank of Maharashtra Apprentice Salary 2026 scheme, selected candidates will receive a fixed monthly stipend of Rs. 12,300. These 600 apprenticeship positions are filled in accordance with the Apprenticeship Act, 1961. Please note that this is a 1-year training engagement and does not confer permanent employee status.

Bank of Maharashtra Apprentice Stipend

Apprentices enrolled in the Bank of Maharashtra program are entitled to a fixed monthly stipend as part of their 2026 compensation package. The primary objective of this one-year program is to provide hands-on training in critical banking operations, including customer service excellence, accounting practices, branch management, and core financial functions.

BOM Apprentice 2026 In-Hand Salary

Candidates who successfully clear the BOM Apprentice 2026 selection process will be enrolled in a 1-year skill-development program. Participants are eligible solely for the fixed BOM Apprentice salary; no additional benefits such as Dearness Allowance (DA), House Rent Allowance (HRA), or medical insurance are provided. This initiative is designed to build your professional foundation within the banking sector.

Bank of Maharashtra Apprentice Recruitment 2026: Official Notification for 600 Posts - Click to Apply

Bank of Maharashtra Apprentice Job Profile

Throughout the duration of the 1-year apprenticeship program, candidates will receive structured training across various key banking departments and operational sectors.

• Apprentices have to assist in handling the customer queries and provide information about the banking products and services.
• Assisting with cash transactions under supervision and maintaining cash records.
• Opening the current and savings accounts, updating customer KYC details, and processing deposit and withdrawal requests.
• The apprentice assists with the data entry in the core banking system, preparing bank statements and reports.
• Apart from the above work, the apprentice will also be attending training sessions, gaining exposure to overall branch functioning.

Bank of Maharashtra Apprentice Probation Period 2026

The Bank of Maharashtra apprenticeship is a comprehensive 1-year training program crafted to familiarize candidates with diverse banking products and services. By participating, candidates significantly enhance their skill set and employability for future banking roles, all while earning a consistent monthly stipend of Rs. 12,300.