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

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.

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.

Likes

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

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.

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..

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.

Dislikes

Salary is less as compared to workload