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Indian Overseas Bank Assistant Manager salaries in Kolkata

Annual salary range
8 - 12 years exp.
₹7 Lakhs - ₹12 Lakhs
Salary of majority employees
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43% more than the average Assistant Manager Salary in Banking Companies for 8 - 12 years of experience

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Last Updated: 25 Nov 2024

Companies similar to Indian Overseas Bank for Assistant Manager in Kolkata

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Indian Overseas Bank Assistant Manager Salary

8 - 12 years exp. (6 salaries)

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₹7 L/yr - ₹12 L/yr

vs
Company name Avg Annual Salary Open Jobs
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State Bank of India Assistant Manager Salary

0 - 11 years exp. (20 salaries)

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₹5.5 L/yr - ₹16.2 L/yr

arrow icon 3% more
2 job openings
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ICICI Bank Assistant Manager Salary

0 - 8 years exp. (509 salaries)

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₹1.8 L/yr - ₹5 L/yr

arrow icon 65% less
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HDFC Bank Assistant Manager Salary

0 - 10 years exp. (884 salaries)

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₹1.9 L/yr - ₹6.5 L/yr

arrow icon 68% less
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Axis Bank Assistant Manager Salary

0 - 10 years exp. (1.4k salaries)

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₹1.9 L/yr - ₹5.9 L/yr

arrow icon 65% less
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Punjab National Bank Assistant Manager Salary

1 - 10 years exp. (33 salaries)

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₹4 L/yr - ₹12.5 L/yr

arrow icon 20% less
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Bank of Baroda Assistant Manager Salary

4 - 13 years exp. (14 salaries)

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₹5.5 L/yr - ₹16 L/yr

arrow icon 10% more
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Canara Bank Assistant Manager Salary

2 - 9 years exp. (11 salaries)

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₹5.2 L/yr - ₹13.6 L/yr

arrow icon 8% more
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Union Bank of India Assistant Manager Salary

4 - 8 years exp. (8 salaries)

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₹7 L/yr - ₹11.3 L/yr

arrow icon 5% less
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IDBI Bank Assistant Manager Salary

0 - 10 years exp. (42 salaries)

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₹6.4 L/yr - ₹17 L/yr

arrow icon 4% more
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Kotak Mahindra Bank Assistant Manager Salary

0 - 9 years exp. (663 salaries)

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₹1.3 L/yr - ₹5 L/yr

arrow icon 68% less
View all
Assistant Manager salary at Indian Overseas Bank ranges between ₹7 Lakhs to ₹12 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 6 latest salaries received from various employees of Indian Overseas Bank.

Latest annual salaries shared by Indian Overseas Bank Assistant Manager in Kolkata

4w ago
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12 years exp.
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10 years exp.
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8 years exp.
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12 years exp.
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9 years exp.
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8 years exp.

Experience wise Indian Overseas Bank Assistant Manager salaries in Kolkata

Last Updated: 25 Nov 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹7 L/yr - ₹18.5 L/yr
9 years (AmbitionBox Estimate)

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₹8 L/yr - ₹19.1 L/yr
10 years (AmbitionBox Estimate)

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₹4.4 L/yr - ₹12 L/yr
11 years (AmbitionBox Estimate)

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₹10.1 L/yr - ₹12.9 L/yr
12 years (AmbitionBox Estimate)

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₹10.4 L/yr - ₹12 L/yr
Indian Overseas Bank Assistant Manager Salary and Career Growth

From

To

Assistant Manager

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8 - 14 years exp.

Chief Manager

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13 - 17 years exp.

Assistant Manager 8 - 14 years exp.
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Manager 8 - 12 years exp.
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arrow icon 22% hike
Senior Manager 8 - 15 years exp.
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arrow icon 37% hike

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Similar Designation salaries in Indian Overseas Bank

Branch Manager Salary
(4 salaries)
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₹10.35 L/yr - ₹18.68 L/yr

Salary related reviews for Indian Overseas Bank

4.0

Rated by 3 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).

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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.

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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.

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Full Time

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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.

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.

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Full Time

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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..

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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.

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Dislikes

Salary is less as compared to workload

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Indian Overseas Bank Assistant Manager Salary FAQs

What is the salary of Assistant Manager at Indian Overseas Bank Kolkata?
Assistant Manager salary at Indian Overseas Bank in Kolkata ranges between ₹7.0 Lakhs to ₹12.0 Lakhs for experience between 8 years to 12 years. According to our estimates it is 43% more than the average Assistant Manager Salary in India. Salary estimates are based on 6 latest salaries received from various employees of Indian Overseas Bank Kolkata.
How does the salary of a Assistant Manager at Indian Overseas Bank Kolkata compare with the average salary range for this job?
The average salary of a Assistant Manager at Indian Overseas Bank is 43% more than the average salary of a Assistant Manager in Kolkata. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Overseas Bank to a Assistant Manager in Kolkata?
  • Federal Bank Assistant Manager Salary - ₹7.0 Lakhs to ₹20.0 Lakhs per year
  • Bank of Baroda Assistant Manager Salary - ₹5.5 Lakhs to ₹16.0 Lakhs per year
  • Canara Bank Assistant Manager Salary - ₹5.2 Lakhs to ₹13.6 Lakhs per year
  • IDBI Bank Assistant Manager Salary - ₹6.4 Lakhs to ₹17.0 Lakhs per year
  • State Bank of India Assistant Manager Salary - ₹5.5 Lakhs to ₹16.2 Lakhs per year
What is the salary of a Assistant Manager in companies similar to Indian Overseas Bank in Kolkata?
  • Bank of India Assistant Manager Salary - ₹8.0 Lakhs to ₹12.0 Lakhs per year
  • Union Bank of India Assistant Manager Salary - ₹7.0 Lakhs to ₹11.3 Lakhs per year
  • Indian Bank Assistant Manager Salary - ₹7.2 Lakhs to ₹13.6 Lakhs per year
  • UCO Bank Assistant Manager Salary - ₹6.0 Lakhs to ₹12.6 Lakhs per year
  • Central Bank of India Assistant Manager Salary - ₹8.6 Lakhs to ₹9.1 Lakhs per year
What is the estimated take home salary of a Assistant Manager at Indian Overseas Bank in Kolkata?
The estimated take-home salary of a Assistant Manager at Indian Overseas Bank ranges between ₹80,437 per month to ₹82,532 per month in Kolkata. The take-home salary calculation is based on the average Indian Overseas Bank Assistant Manager salary in India which ranges between ₹7.0 Lakhs to ₹12.0 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?
What is the notice period for Assistant Manager at Indian Overseas Bank in Kolkata?
According to AmbitionBox, 80% of the Indian Overseas Bank Assistant Managers in Kolkata reported a notice period of 3 Months, 20% reported a notice period of 1 Month.This is based on 5 responses on AmbitionBox in last 2 years.

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Indian Overseas Bank Assistant Manager salary in Kolkata ranges between ₹7 Lakhs to ₹12 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 6 Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.