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Indian Overseas Bank Manager salaries in Ahmedabad

Annual salary range
9 - 10 years exp.
₹13.4 Lakhs - ₹17.2 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Avg. annual salary (AmbitionBox Estimate)
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This is an estimate of the average salary for this position. The actual salary may differ.
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Monthly In-hand Salary

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Salaries in different departments

BFSI, Investments & Trading
Manager Salary
9 years exp. (AmbitionBox Estimate)
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₹12 L/yr - ₹16 L/yr

Finance & Accounting
Manager Salary
10 years exp. (AmbitionBox Estimate)
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₹14.7 L/yr - ₹18 L/yr

Last Updated: 8 Nov 2024

Companies similar to Indian Overseas Bank for Manager in Ahmedabad

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Indian Overseas Bank Manager Salary

9 - 10 years exp. (AmbitionBox Estimate)

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₹13.4 L/yr - ₹17.2 L/yr

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Company name Avg Annual Salary Open Jobs
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₹4.6 L/yr - ₹11 L/yr

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8 - 11 years exp. (3 salaries)

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₹8 L/yr - ₹9.3 L/yr

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₹4.1 L/yr - ₹8.9 L/yr

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Manager salary at Indian Overseas Bank ranges between ₹13.4 Lakhs to ₹17.2 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Indian Overseas Bank.
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 - 24 years exp.

Manager 9 - 13 years exp.
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Senior Manager 8 - 18 years exp.
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arrow icon 38% hike
    Chief Manager 13 - 24 years exp.
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    arrow icon 22% 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.

    Salary related reviews for 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

    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

    How the salary growth look like for a Manager at Indian Overseas Bank in Ahmedabad?
    The salary growth for a Manager at Indian Overseas Bank in Ahmedabad depends on factors such as experience, performance, and promotions. On average, a Manager in Ahmedabad can expect the following growth trajectory at Indian Overseas Bank:

    Experience Average Salary Range
    9 years ₹12.9 Lakhs to ₹16.5 Lakhs per year
    10 years ₹13.2 Lakhs to ₹16.8 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Indian Overseas Bank Manager salary in Ahmedabad ranges between ₹13.4 Lakhs to ₹17.2 Lakhs. This is an estimate based on latest salaries received from employees of Indian Overseas Bank.