Upload Button Icon Add office photos
filter salariesFilter salaries by

Indian Overseas Bank Assistant Manager salaries in India (Updated 2025)

Annual salary range
7 - 14 years exp.
₹5.1 Lakhs - ₹18 Lakhs
Salary of majority employees
unlock blur
unlock blur

41% more than the average Assistant Manager Salary in Banking Companies for 7 - 14 years of experience

Interested in this particular role?

Salaries in different departments

BFSI, Investments & Trading
Assistant Manager Salary
7 - 14 years exp. (43 salaries)
unlock-blur

₹5.1 L/yr - ₹18 L/yr

Finance & Accounting
Assistant Manager Salary
7 - 13 years exp. (22 salaries)
unlock-blur

₹7.5 L/yr - ₹18 L/yr

Customer Success, Service & Operations
Assistant Manager Salary
7 - 13 years exp. (20 salaries)
unlock-blur

₹6 L/yr - ₹18 L/yr

IT & Information Security
Assistant Manager Salary
10 - 14 years exp. (5 salaries)
unlock-blur

₹11.6 L/yr - ₹16 L/yr

Data Science & Analytics
Assistant Manager Salary
8 - 10 years exp. (4 salaries)
unlock-blur

₹6 L/yr - ₹12.2 L/yr

View all

Last Updated: 23 Feb 2025

Companies similar to Indian Overseas Bank for Assistant Manager

Company name Avg Annual Salary Open Jobs
Logo
Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (12.6k salaries)

unlock blur

₹1.3 L/yr - ₹5 L/yr

arrow icon 71% less
Logo
Yes Bank Assistant Manager Salary

0 - 10 years exp. (3.4k salaries)

unlock blur

₹2 L/yr - ₹6.7 L/yr

arrow icon 63% less
1 job opening
Logo
Bandhan Bank Assistant Manager Salary

0 - 12 years exp. (2.3k salaries)

unlock blur

₹1.8 L/yr - ₹5.7 L/yr

arrow icon 68% less
Logo
IndusInd Bank Assistant Manager Salary

0 - 10 years exp. (2.3k salaries)

unlock blur

₹1.5 L/yr - ₹6.3 L/yr

arrow icon 68% less
Logo
Bank of America Assistant Manager Salary

2 - 18 years exp. (1.9k salaries)

unlock blur

₹7 L/yr - ₹26 L/yr

arrow icon 40% more
11 job openings
Logo
IDFC FIRST Bank Assistant Manager Salary

0 - 11 years exp. (1.6k salaries)

unlock blur

₹2.1 L/yr - ₹7.1 L/yr

arrow icon 59% less
Logo
AU Small Finance Bank Assistant Manager Salary

0 - 12 years exp. (1.3k salaries)

unlock blur

₹1.8 L/yr - ₹8.4 L/yr

arrow icon 61% less
Logo
Barclays Assistant Manager Salary

2 - 15 years exp. (1k salaries)

unlock blur

₹7.2 L/yr - ₹25 L/yr

arrow icon 24% more
Logo
Standard Chartered Assistant Manager Salary

2 - 18 years exp. (908 salaries)

unlock blur

₹5.4 L/yr - ₹18.7 L/yr

arrow icon 1% more
unlock blur

₹1.6 L/yr - ₹5.5 L/yr

arrow icon 69% less
View all
Assistant Manager salary at Indian Overseas Bank ranges between ₹5.1 Lakhs to ₹18 Lakhs per year for employees with experience between 7 years to 14 years. Salary estimates are based on 165 latest salaries received from various employees of Indian Overseas Bank.

Latest annual salaries shared by Indian Overseas Bank Assistant Manager

1mo ago
avg blur mobile
7 years exp.
1mo ago
avg blur mobile
13 years exp.
1mo ago
avg blur mobile
11 years exp.
1mo ago
avg blur mobile
10 years exp.
1mo ago
avg blur mobile
12 years exp.
1mo ago
avg blur mobile
8 years exp.
2mo ago
avg blur mobile
14 years exp.
2mo ago
avg blur mobile
14 years exp.
2mo ago
avg blur mobile
10 years exp.
3mo ago
avg blur mobile
10 years exp.

Experience wise Indian Overseas Bank Assistant Manager salaries

Last Updated: 23 Feb 2025

Experience Avg Annual Salary
7 years  (34 salaries)

unlock blur

₹5.1 L/yr - ₹15 L/yr
8 years  (39 salaries)

unlock blur

₹6 L/yr - ₹18 L/yr
9 years  (30 salaries)

unlock blur

₹6.5 L/yr - ₹18 L/yr
10 years  (25 salaries)

unlock blur

₹7.2 L/yr - ₹16 L/yr
11 years  (14 salaries)

unlock blur

₹6 L/yr - ₹13.4 L/yr
View all
Indian Overseas Bank Assistant Manager Salary and Career Growth

From

To

Assistant Manager

unlock blur Lakhs/yr

7 - 14 years exp.

Chief Manager

unlock blur Lakhs/yr

13 - 24 years exp.

Assistant Manager

7 - 14 years exp.
unlock blur

Manager

9 - 13 years exp.
unlock blur
arrow icon 25% hike

Senior Manager

8 - 18 years exp.
unlock blur
arrow icon 38% 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.

Similar Designation salaries in Indian Overseas Bank

unlock blur
₹9 L/yr - ₹12.8 L/yr
Team Manager Salary
(AmbitionBox Estimate)
unlock blur
₹11.3 L/yr - ₹14.4 L/yr
Branch Manager Salary
(34 salaries)
unlock blur
₹8 L/yr - ₹20 L/yr
Deputy Manager Salary
(4 salaries)
unlock blur
₹10 L/yr - ₹12 L/yr
Sales Manager Salary
(AmbitionBox Estimate)
unlock blur
₹17.1 L/yr - ₹21.8 L/yr
unlock blur
₹3 L/yr - ₹14.1 L/yr
Senior Officer Salary
(AmbitionBox Estimate)
unlock blur
₹13.5 L/yr - ₹17.3 L/yr
Team Lead Salary
(3 salaries)
unlock blur
₹3.2 L/yr - ₹4.8 L/yr
Teller Salary
(AmbitionBox Estimate)
unlock blur
₹7.2 L/yr - ₹9.2 L/yr
Operations Executive Salary
(AmbitionBox Estimate)
unlock blur
₹2.9 L/yr - ₹3.7 L/yr

Salary related reviews for Indian Overseas Bank

3.2

Rated by 56 employees for salary & benefits

Full Time

 · 

Customer Success, Service & Operations Department

1.0
  •  posted on 08 Sep 2023

1.0
 for  Salary and Benefits

Likes

Nothing to like, before joining i thought it will be my best decision but i regret.

Dislikes

... leave were cancelled and converted into Loss of Pay with retrospective effect. The bank ks extremely toxic, doesn’t want staff to grow, extreme level of politics in transfer and salary payments unlike other govt banks where they have transparency in salary payments. The bank is not following the IBA guidelines and suppressing the voice of employee who tries to expose their cunning behaviour. Newly joined POs are not left untouched from this blood boiling frustration, they are treated like Bonded Labours , I request if anyone who has just cleared IBPS to not even think of joining this pathetic bank in the rarest of their dreams, we are stuck here we don’t have any other way to have peace owning to our family responsibilities now. I hope the bank gets private asap so that at least some heed is paid to improve the pathetic condition of the management of Indian Overseas Bank (IOB).

read more
  • Salary - Bad
  • +6 more

BFSI, Investments & Trading Department

4.0
  •  posted on 15 Jan 2019

3.0
 for  Salary and Benefits

Likes

One of the best parts of working in a Public sector bank is job Security.Salary is same for all psbs, perks are good.Feels very proud to be a part of the brand IOB as the developments and decisions made by the top management in the last couple of years in a very short time is really appreciable.Training is given almost every year,so you will be able to learn new things as well as roam new places.Good career growth opportunities are also there.

read more
  • Skill development - Good
  • +5 more

Dislikes

Transfer Policy is very bad.Especially on promotion you are expected to be thrown atleast 1000-1500 kms away from your hometown.In my case it is 1500 kms in a rural place in a different state where no hindi or English is there,so you have to face language problem. Some old policies are there which may demotivate the young people like no Jaiib Caiib increments for the promotees which violates the guidelines of IBA and also demotivates the staff not to take promotion.

read more

Full Time

 · 

BFSI, Investments & Trading Department

2.0
  •  posted on 10 Jun 2024

4.0
 for  Salary and Benefits

Likes

Salary at par and comes on time and some sense of job security.

  • Salary - Good
  • +1 more

Dislikes

Arguably one of the worst HR policies in PSBs, Where transfer postings are thoroughly weaponised, every now and then threats for transfer to 'Deep South' is reiterated to employees. No work life balance at all.

read more
  • Skill development - Poor
  • +4 more

Full Time

 · 

Security Services Department

2.0
  •  posted on 02 Nov 2024

2.0
 for  Salary and Benefits

Likes

Nothing

Dislikes

...ers who know nothing and have been given the responsibility of managing branch..salary not at par with the growing inflation. Inappropriate people who misuse their power and position..constant threats of transfer.. If you work in iob, then forget that you have any family..work for your ownself only..

read more
  • Salary - Poor
  • +4 more

BFSI, Investments & Trading Department

5.0
  •  posted on 08 Jun 2020

3.0
 for  Salary and Benefits

Likes

Thermal Screening Availability of hand sanitizer in office Social Distancing Job Rotation & Work from home as per State Govt Guidelines Timely Salary as usual Monetary compensation to purchase Covid related material like mask, sanitizer etc.

read more
  • Skill development - Excellent
  • +5 more

Dislikes

Salary is less as compared to workload

see more salary related reviews

Discover interview dos and don'ts from real experiences

Indian Overseas Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Indian Overseas Bank ?
The average salary of a Assistant Manager at Indian Overseas Bank in India typically ranges from ₹5.1 Lakhs to ₹18.0 Lakhs per year, depending on experience (from 7 years to 14 years).

The top 10% of Assistant Manager at Indian Overseas Bank earn more than ₹13.5 Lakhs per year, and the top 1% earn over ₹18.0 Lakhs per year. Assistant Manager Salaries at Indian Overseas Bank 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 100+ Indian Overseas Bank employees in India.
What is the estimated take home salary of a Assistant Manager at Indian Overseas Bank in India?
The estimated take-home salary of a Assistant Manager at Indian Overseas Bank in India typically ranges from ₹84,922 to ₹87,144 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹18.0 Lakhs per year for employees with experience ranging from 7 years to 14 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 100+ salaries received from various employees of Indian Overseas Bank. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Indian Overseas Bank for Assistant Manager in India?
Reserve Bank of India ₹9.9 Lakhs to ₹38.0 Lakhs per year
Bank of America ₹7.0 Lakhs to ₹26.0 Lakhs per year
Barclays ₹7.2 Lakhs to ₹25.0 Lakhs per year
Federal Bank ₹6.0 Lakhs to ₹20.0 Lakhs per year
IDBI Bank ₹6.0 Lakhs to ₹18.0 Lakhs per year

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

Standard Chartered ₹5.4 Lakhs to ₹18.7 Lakhs per year
J&K Bank ₹8.7 Lakhs to ₹13.0 Lakhs per year
NatWest Markets ₹4.9 Lakhs to ₹16.5 Lakhs per year
Union Bank of India ₹5.0 Lakhs to ₹16.0 Lakhs per year
Indian Bank ₹5.0 Lakhs to ₹17.0 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 Assistant Manager at Indian Overseas Bank in India?
The salary growth for a Assistant Manager at Indian Overseas Bank depends on factors such as experience, performance, and promotions. On average, a Assistant Manager can expect the following growth trajectory at Indian Overseas Bank:

Experience Average Salary Range
7 years ₹5.1 Lakhs to ₹15.0 Lakhs per year
8 years ₹6.0 Lakhs to ₹18.0 Lakhs per year
9 years ₹6.5 Lakhs to ₹18.0 Lakhs per year
10 years ₹7.2 Lakhs to ₹16.0 Lakhs per year
and so on.

Tell us how to improve this page.

Indian Overseas Bank Assistant Manager salary in India ranges between ₹5.1 Lakhs to ₹18 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 165 Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.