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Indian Overseas Bank Manager salaries in Bhubaneswar

Annual salary range
9 - 10 years exp.
₹12 Lakhs - ₹19.8 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
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Monthly In-hand Salary

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Manager Salary at Indian Overseas Bank ranges between ₹12 Lakhs to ₹19.8 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 3 latest salaries received from... Read more

14% more than the average Manager Salary in Banking Companies for 9 - 10 years of experience

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Last Updated: 20 Aug 2024

Companies similar to Indian Overseas Bank for Manager in Bhubaneswar

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Indian Overseas Bank Manager Salary

9 - 10 years exp. (3 salaries)

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₹12 L/yr - ₹19.8 L/yr

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1 job opening
Indian Overseas Bank Manager Salary and Career Growth

From

To

Manager

unlock blur Lakhs/yr

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 9 - 15 years exp.
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arrow icon 25% hike
    Chief Manager 13 - 17 years exp.
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    arrow icon 42% 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.

    Indian Overseas Bank Manager salaries by

    Years of experience Avg. annual salary
    9 years (AmbitionBox Estimate)

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    ₹12.3 L/yr - ₹15.7 L/yr
    10 years (AmbitionBox Estimate)

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    ₹12.5 L/yr - ₹16 L/yr

    Top trending discussions

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    Salary Discussions, Hike & Promotions
    1w
    an executive
    The day I found out my colleague earns 30% more for the same role
    It was an accidental slip. A teammate mentioned her CTC while we were chatting casually. Same designation, same team, joined after me but her salary was almost 30% more. My stomach dropped. I spent days debating whether to bring it up. I didn’t want to come off as insecure or difficult. But I also couldn’t un-know what I knew. Eventually, I had an honest, data-backed conversation with my manager. Turns out, I was right and they revised my pay. It wasn’t easy, but it taught me this: silence doesn’t protect you. Companies run on numbers. If you don’t negotiate, you leave money on the table. Have you ever been in a similar spot? How did you navigate it?
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    Salary related reviews for Indian Overseas Bank

    4.0

    Rated by 2 employees for salary & benefits

    Product Management Department

    5.0
      •  updated 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
      •  updated on 13 Apr 2025

    4.0
     for  Salary and Benefits

    Likes

    It provides job security, salary is fairly good

    • Salary - Good
    • +1 more

    Dislikes

    Work culture is toxic, No focused targets, The training programs are equally worthless and irrelevant to your profile. Promotions are not that transparent and performance has minimal impact. Transfer policy is not good

    read more
    • Skill development - Poor
    • +4 more

    Full Time

     · 

    BFSI, Investments & Trading Department

    2.0
      •  updated 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

     · 

    Finance & Accounting Department

    1.0
      •  updated on 01 May 2025

    2.0
     for  Salary and Benefits

    Likes

    Nothing

    • Job security - Good

    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
    • +5 more

    Full Time

     · 

    Customer Success, Service & Operations Department

    1.0
      •  updated 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
    see more salary related reviews

    Indian Overseas Bank Manager Salary FAQs

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

    Experience Average Salary Range
    9 years ₹12.3 Lakhs to ₹15.7 Lakhs per year
    10 years ₹12.5 Lakhs to ₹16.0 Lakhs per year
    and so on.

    Tell us how to improve this page.

    Indian Overseas Bank Manager salary in Bhubaneswar ranges between ₹12 Lakhs to ₹19.8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 3 Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.