Police are yet to ascertain the reason behind this murder.
The deceased has been identified as Jitendra Holkar, who was working as a branch manager with a district bank at Shekta village in Paithan tehsil of the district.
The assailants entered his house in the wee hours and slit his throat after tying his hands with strings, investigating officer Shushila Kharat said.
The deceased's wife Bhagyashree in a statement to the police said she was sleeping in her son's room and it was locked by the killers so she could not rush to the rescue of her husband.
Satara police have registered a case of murder.
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