Indian Overseas Bank Manager Salaries by 100+ Employees (Updated 2025)

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)	Unlock ₹8.2 L/yr - ₹24 L/yr
Finance & Accounting Manager Salary 9 - 13 years exp. (21 salaries)	Unlock ₹9.5 L/yr - ₹22 L/yr
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Customer Success, Service & Operations Manager Salary 9 - 13 years exp. (8 salaries)	Unlock ₹9 L/yr - ₹15 L/yr
IT & Information Security Manager Salary 9 years exp. (AmbitionBox Estimate)	Unlock ₹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
State Bank of India Manager Salary 6 - 16 years exp. (532 salaries)	Unlock ₹10 L/yr - ₹40 L/yr 55% more
ICICI Bank Manager Salary 0 - 18 years exp. (4.8k salaries)	Unlock ₹5.5 L/yr - ₹18.5 L/yr 18% less
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HDFC Bank Manager Salary 0 - 19 years exp. (10.2k salaries)	Unlock ₹5 L/yr - ₹14.6 L/yr 36% less
Axis Bank Manager Salary 0 - 18 years exp. (6.1k salaries)	Unlock ₹5 L/yr - ₹14 L/yr 35% less	1 job opening
Punjab National Bank Manager Salary 3 - 11 years exp. (203 salaries)	Unlock ₹7 L/yr - ₹26 L/yr 2% more
Bank of Baroda Manager Salary 6 - 14 years exp. (291 salaries)	Unlock ₹8 L/yr - ₹28 L/yr 22% more
Canara Bank Manager Salary 4 - 14 years exp. (388 salaries)	Unlock ₹6.8 L/yr - ₹25 L/yr 10% more
Union Bank of India Manager Salary 5 - 13 years exp. (180 salaries)	Unlock ₹7 L/yr - ₹24 L/yr 4% less
Kotak Mahindra Bank Manager Salary 0 - 15 years exp. (5.4k salaries)	Unlock ₹4 L/yr - ₹12 L/yr 46% less
IDBI Bank Manager Salary 6 - 17 years exp. (656 salaries)	Unlock ₹10 L/yr - ₹29 L/yr 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

3d ago

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12 years exp.

1w ago

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10 years exp.

3w ago

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11 years exp.

3w ago

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10 years exp.

1mo ago

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10 years exp.

1mo ago

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12 years exp.

1mo ago

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11 years exp.

1mo ago

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10 years exp.

2mo ago

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10 years exp.

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13 years exp.

Experience wise Indian Overseas Bank Manager salaries

Last Updated: 2 Mar 2025

Experience	Avg Annual Salary
9 years (30 salaries)	Unlock ₹9 L/yr - ₹21 L/yr
10 years (37 salaries)	Unlock ₹8.2 L/yr - ₹24 L/yr
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11 years (15 salaries)	Unlock ₹11 L/yr - ₹22 L/yr
12 years (13 salaries)	Unlock ₹11 L/yr - ₹20 L/yr
13 years (6 salaries)	Unlock ₹11 L/yr - ₹22 L/yr

From

Manager

₹

Lakhs/yr

9 - 13 years exp.

Chief Manager

₹

Lakhs/yr

13 - 17 years exp.

Manager 9 - 13 years exp.

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Senior Manager 8 - 18 years exp.

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32% hike

Chief Manager 13 - 17 years exp.

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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

Financial Analyst Salary

(3 salaries)

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₹9 L/yr - ₹15 L/yr

Deputy General Manager Salary

(4 salaries)

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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

Salary related reviews for Indian Overseas Bank

3.3

Rated by 31 employees for salary & benefits

Manager in Pune

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..

Salary - Poor

+4 more

Manager in Bhubaneswar

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.

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.

Branch Manager in Ranchi

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.

Skill development - Poor

+4 more

Assistant Manager in Chennai

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).

Salary - Bad

+6 more

Senior Manager in Chennai

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.

Skill development - Excellent

+5 more

Dislikes

Salary is less as compared to workload

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an associate vice president

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I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in... read more

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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 Salaries

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

Indian Overseas Bank Manager salaries in India (Updated 2025)

Companies similar to Indian Overseas Bank for Manager

Latest annual salaries shared by Indian Overseas Bank Manager

Experience wise Indian Overseas Bank Manager salaries

Similar Designation salaries in Indian Overseas Bank