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Indian Overseas Bank Manager salaries in India (Updated 2025)

Annual salary range
9 - 13 years exp.
₹8.2 Lakhs - ₹24 Lakhs
Salary of majority employees
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9% less than the average Manager Salary in Banking Companies for 9 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
9 - 13 years exp. (38 salaries)
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₹8.2 L/yr - ₹24 L/yr

Finance & Accounting
Manager Salary
9 - 13 years exp. (21 salaries)
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₹9.5 L/yr - ₹22 L/yr

Customer Success, Service & Operations
Manager Salary
9 - 13 years exp. (8 salaries)
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₹9 L/yr - ₹15 L/yr

IT & Information Security
Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹9.6 L/yr - ₹15 L/yr

Last Updated: 2 Mar 2025

Companies similar to Indian Overseas Bank for Manager

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

6 - 16 years exp. (532 salaries)

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₹10 L/yr - ₹40 L/yr

arrow icon 55% more
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ICICI Bank Manager Salary

0 - 18 years exp. (4.8k salaries)

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₹5.5 L/yr - ₹18.5 L/yr

arrow icon 18% less
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HDFC Bank Manager Salary

0 - 19 years exp. (10.2k salaries)

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₹5 L/yr - ₹14.6 L/yr

arrow icon 36% less
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Axis Bank Manager Salary

0 - 18 years exp. (6.1k salaries)

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₹5 L/yr - ₹14 L/yr

arrow icon 35% less
1 job opening
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Punjab National Bank Manager Salary

3 - 11 years exp. (203 salaries)

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₹7 L/yr - ₹26 L/yr

arrow icon 2% more
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Bank of Baroda Manager Salary

6 - 14 years exp. (291 salaries)

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₹8 L/yr - ₹28 L/yr

arrow icon 22% more
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Canara Bank Manager Salary

4 - 14 years exp. (388 salaries)

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₹6.8 L/yr - ₹25 L/yr

arrow icon 10% more
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Union Bank of India Manager Salary

5 - 13 years exp. (180 salaries)

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₹7 L/yr - ₹24 L/yr

arrow icon 4% less
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Kotak Mahindra Bank Manager Salary

0 - 15 years exp. (5.4k salaries)

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₹4 L/yr - ₹12 L/yr

arrow icon 46% less
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IDBI Bank Manager Salary

6 - 17 years exp. (656 salaries)

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₹10 L/yr - ₹29 L/yr

arrow icon 32% more
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Manager salary at Indian Overseas Bank ranges between ₹8.2 Lakhs to ₹24 Lakhs per year for employees with experience between 9 years to 13 years. Salary estimates are based on 101 latest salaries received from various employees of Indian Overseas Bank.

Latest annual salaries shared by Indian Overseas Bank Manager

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12 years exp.
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11 years exp.
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Experience wise Indian Overseas Bank Manager salaries

Last Updated: 2 Mar 2025

Experience Avg Annual Salary
9 years  (30 salaries)

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₹9 L/yr - ₹21 L/yr
10 years  (37 salaries)

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₹8.2 L/yr - ₹24 L/yr
11 years  (15 salaries)

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₹11 L/yr - ₹22 L/yr
12 years  (13 salaries)

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₹11 L/yr - ₹20 L/yr
13 years  (6 salaries)

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₹11 L/yr - ₹22 L/yr
Indian Overseas Bank Manager Salary and Career Growth

From

To

Manager

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9 - 13 years exp.

Chief Manager

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13 - 17 years exp.

Manager 9 - 13 years exp.
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Senior Manager 8 - 18 years exp.
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arrow icon 32% hike
    Chief Manager 13 - 17 years exp.
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    arrow icon 31% 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

    Credit Manager Salary
    (19 salaries)
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    ₹11 L/yr - ₹17 L/yr
    Deputy Manager Salary
    (4 salaries)
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    ₹10 L/yr - ₹12 L/yr
    Finance Manager Salary
    (AmbitionBox Estimate)
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    ₹15.3 L/yr - ₹19.5 L/yr
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    ₹9 L/yr - ₹15 L/yr
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    ₹24 L/yr - ₹30 L/yr
    Senior Consultant Salary
    (AmbitionBox Estimate)
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    ₹9 L/yr - ₹11.5 L/yr
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    Salary related reviews for Indian Overseas Bank

    3.3

    Rated by 31 employees for salary & benefits

    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

    Product Management Department

    5.0
      •  posted on 30 Sep 2019

    4.0
     for  Salary and Benefits

    Likes

    The Indian overseas bank is one of the leading PUBLIC sector Bank. Job security is excellent and carrer growth is average as reservation policy of central govt. Is strictly implemented. Regarding salary it is satisfactory not excellent. Traing and work culture is more than excellent what I felt within my 31 yrs of service. The ovehaul assessment of my previous company Indian Overseas Bank is excellent.

    read more
    • Salary - Good
    • +5 more

    Dislikes

    ... as I am from general category the promotional prospects were kin competition. The salary structure was better while I jioned, later in last two salary revisions psu bank employees are getting less salary than GOI employees.

    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

     · 

    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

    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

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    Indian Overseas Bank Manager Salary FAQs

    What is the salary of Manager at Indian Overseas Bank?
    Manager salary at Indian Overseas Bank in India ranges between ₹8.2 Lakhs to ₹24.0 Lakhs for experience between 9 years to 13 years. According to our estimates it is 9% less than the average Manager Salary in India. Salary estimates are based on 101 latest salaries received from various employees of Indian Overseas Bank India.
    How does the salary of a Manager at Indian Overseas Bank India compare with the average salary range for this job?
    The average salary of a Manager at Indian Overseas Bank is 9% less than the average salary of a Manager in India. To know exact salary insights, login to view.
    Which similar companies are paying more than Indian Overseas Bank to a Manager in India?
    • Bank of America Manager Salary - ₹11.0 Lakhs to ₹38.0 Lakhs per year
    • State Bank of India Manager Salary - ₹10.0 Lakhs to ₹40.0 Lakhs per year
    • IDBI Bank Manager Salary - ₹10.0 Lakhs to ₹29.0 Lakhs per year
    • Bank of Baroda Manager Salary - ₹8.0 Lakhs to ₹28.0 Lakhs per year
    • Standard Chartered Manager Salary - ₹7.0 Lakhs to ₹29.0 Lakhs per year
    What is the salary of a Manager in companies similar to Indian Overseas Bank in India?
    • Federal Bank Manager Salary - ₹7.8 Lakhs to ₹24.0 Lakhs per year
    • Canara Bank Manager Salary - ₹6.8 Lakhs to ₹25.0 Lakhs per year
    • Barclays Manager Salary - ₹8.8 Lakhs to ₹27.0 Lakhs per year
    • NatWest Group Manager Salary - ₹7.0 Lakhs to ₹27.0 Lakhs per year
    • HSBC Global Banking and Markets Manager Salary - ₹7.6 Lakhs to ₹21.5 Lakhs per year
    What is the estimated take home salary of a Manager at Indian Overseas Bank in India?
    The estimated take-home salary of a Manager at Indian Overseas Bank ranges between ₹1,01,999 per month to ₹1,04,785 per month in India. The take-home salary calculation is based on the average Indian Overseas Bank Manager salary in India which ranges between ₹8.2 Lakhs to ₹24.0 Lakhs per year for employees with experience between 9 years to 13 years. Check how did we calculate take home salary?
    What is the notice period for Manager at Indian Overseas Bank?
    According to AmbitionBox, 70% of the Indian Overseas Bank Managers reported a notice period of 3 Months, 12% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 146 responses on AmbitionBox in last 2 years.

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    Indian Overseas Bank Manager salary in India ranges between ₹8.2 Lakhs to ₹24 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 101 Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.

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