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Indian Overseas Bank Salaries in Kolkata (Updated 2025)

based on 38 latest salaries
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BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs
8 - 10 years exp. · Kolkata (4 salaries)
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₹10.4 L/yr - ₹15.3 L/yr

10 years exp. · Kolkata (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

12 years exp. · Kolkata (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

Fresher · Kolkata (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

Starting your career? Discover Indian Overseas Bank fresher salaries in India
3 years exp. · Kolkata (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.5 L/yr

10 years exp. · Kolkata (AmbitionBox Estimate)
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₹10.8 L/yr - ₹13.8 L/yr

8 years exp. · Kolkata (AmbitionBox Estimate)
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₹6.8 L/yr - ₹8.6 L/yr

11 years exp. · Kolkata (AmbitionBox Estimate)
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₹6 L/yr - ₹11 L/yr

7 years exp. · Kolkata (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

7 years exp. · Kolkata (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

4 years exp. · Kolkata (AmbitionBox Estimate)
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₹9 L/yr - ₹11.5 L/yr

6 years exp. · Kolkata (AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr

8 years exp. · Kolkata (AmbitionBox Estimate)
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₹14.4 L/yr - ₹18.4 L/yr

18 years exp. · Kolkata (AmbitionBox Estimate)
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₹16.2 L/yr - ₹20.7 L/yr

7 - 12 years exp. · Kolkata (10 salaries)
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₹6 L/yr - ₹12.5 L/yr

9 - 12 years exp. · Kolkata (6 salaries)
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₹16 L/yr - ₹21.3 L/yr

10 - 12 years exp. · Kolkata (5 salaries)
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₹12 L/yr - ₹19.1 L/yr

Last Updated: 8 Mar, 2025

Salary related reviews for Indian Overseas Bank

3.5

Rated by 18 employees for salary & benefits

Other Department

5.0
  •  posted on 26 May 2018

5.0
 for  Salary and Benefits

Likes

...s a part of Indian overseas bank.worked for long 35 years.got various training .very good salary.having good working environment in the bank.

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  • Salary - Excellent
  • +6 more

Dislikes

There is no dislike from my part about working at Indian Overseas Bank

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

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.

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  • Skill development - Poor
  • +4 more

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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  • Salary - Bad
  • +6 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.

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  • Skill development - Excellent
  • +5 more

Dislikes

Salary is less as compared to workload

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Indian Overseas Bank Salary FAQs

How much does Indian Overseas Bank pay to its employees?
The average annual salary at Indian Overseas Bank varies depending on the role, experience, and location. The salary ranges for some popular designations at Indian Overseas Bank, are as follows:

Branch Manager ₹10.4 Lakhs to ₹15.3 Lakhs per year
Retired Branch Manager ₹2.7 Lakhs to ₹3.5 Lakhs per year
Data Scientist ₹14.4 Lakhs to ₹18.4 Lakhs per year
Marketing Intern ₹4.5 Lakhs to ₹5.8 Lakhs per year

The highest-paying role, Chief Manager, earns between ₹17 Lakhs to ₹40 Lakhs per year. The top 10% of employees earn more than ₹20 Lakhs per year, and the top 1% earn over ₹30 Lakhs per year. 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 salary estimates are based on data from 38 salaries submitted by Indian Overseas Bank employees. Indian Overseas Bank is rated 3.5 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Indian Overseas Bank in Kolkata?
The salary of a fresher at Indian Overseas Bank in Kolkata typically ranges from ₹1 Lakh to ₹5 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Network Engineer L1 Salary ₹1.4 Lakhs to ₹1.8 Lakhs per year
Fresher as a Network Engineer Salary ₹1.6 Lakhs to ₹3.2 Lakhs per year
Fresher as a Marketing Intern Salary ₹4.5 Lakhs to ₹5.8 Lakhs per year
Fresher as a Bank Teller Salary ₹3.5 Lakhs to ₹4.5 Lakhs per year

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Average annual salary in Indian Overseas Bank , Kolkata is INRunlock blur . Salary estimates are based on 30+ Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.

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