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Indian Overseas Bank Manager salaries in Finance & Accounting in India

Annual salary range
8 - 12 years exp.
₹8 Lakhs - ₹22 Lakhs
Salary of majority employees
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12% less than the average Manager Salary in Banking Companies for 8 - 12 years of experience

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Last Updated: 10 Dec 2024

Companies similar to Indian Overseas Bank for Manager in Finance & Accounting department

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

6 - 15 years exp. (47 salaries)

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₹11.7 L/yr - ₹40 L/yr

arrow icon 60% more
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ICICI Bank Manager Salary

0 - 17 years exp. (718 salaries)

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₹6 L/yr - ₹21.4 L/yr

arrow icon 15% less
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HDFC Bank Manager Salary

0 - 18 years exp. (1k salaries)

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₹4.3 L/yr - ₹16 L/yr

arrow icon 32% less
1 job opening
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Axis Bank Manager Salary

0 - 18 years exp. (540 salaries)

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₹4.5 L/yr - ₹17.2 L/yr

arrow icon 28% less
1 job opening
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Punjab National Bank Manager Salary

4 - 11 years exp. (25 salaries)

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₹6.2 L/yr - ₹25 L/yr

arrow icon 6% more
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Bank of Baroda Manager Salary

5 - 13 years exp. (36 salaries)

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₹9.6 L/yr - ₹20 L/yr

arrow icon 16% more
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Canara Bank Manager Salary

6 - 13 years exp. (49 salaries)

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₹8.4 L/yr - ₹22 L/yr

arrow icon 14% more
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Union Bank of India Manager Salary

5 - 13 years exp. (29 salaries)

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₹7.5 L/yr - ₹24 L/yr

arrow icon 4% more
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Kotak Mahindra Bank Manager Salary

0 - 16 years exp. (584 salaries)

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₹4 L/yr - ₹14.4 L/yr

arrow icon 43% less
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IDBI Bank Manager Salary

6 - 16 years exp. (79 salaries)

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₹8.2 L/yr - ₹25 L/yr

arrow icon 31% more
View all
Manager salary at Indian Overseas Bank ranges between ₹8 Lakhs to ₹22 Lakhs per year for employees with experience between 8 years to 12 years. Salary estimates are based on 27 latest salaries received from various employees of Indian Overseas Bank.

Latest annual salaries shared by Indian Overseas Bank Manager in Finance & Accounting department

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Experience wise Indian Overseas Bank Manager salaries in Finance & Accounting department

Last Updated: 10 Dec 2024

Experience Avg Annual Salary
8 years  (6 salaries)

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₹8 L/yr - ₹15 L/yr
9 years  (4 salaries)

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₹12 L/yr - ₹21 L/yr
10 years  (8 salaries)

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₹9.5 L/yr - ₹18 L/yr
11 years  (5 salaries)

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₹12 L/yr - ₹22 L/yr
12 years  (4 salaries)

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₹11 L/yr - ₹20 L/yr
Indian Overseas Bank Manager Salary and Career Growth

From

To

Manager

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8 - 12 years exp.

Chief Manager

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13 - 17 years exp.

Manager 8 - 12 years exp.
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Senior Manager 8 - 15 years exp.
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arrow icon 38% hike
    Chief Manager 13 - 17 years exp.
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    arrow icon 32% 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
    (18 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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    ₹11.7 L/yr - ₹15 L/yr
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    ₹9 L/yr - ₹15 L/yr
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    ₹12 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

    3.5

    Rated by 5 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

    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

    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.

    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

    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

    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

    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 in Finance & Accounting department?
    Manager salary at Indian Overseas Bank in Finance & Accounting department in India ranges between ₹8.0 Lakhs to ₹22.0 Lakhs for experience between 8 years to 12 years. According to our estimates it is 12% less than the average Manager Salary in India. Salary estimates are based on 27 latest salaries received from various employees of Indian Overseas Bank India in Finance & Accounting department.
    How does the salary of a Manager at Indian Overseas Bank India in Finance & Accounting department compare with the average salary range for this job?
    The average salary of a Manager at Indian Overseas Bank in Finance & Accounting department is 12% 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 Finance & Accounting department in India?
    • Bank of America Manager Salary - ₹11.8 Lakhs to ₹34.5 Lakhs per year
    • State Bank of India Manager Salary - ₹11.7 Lakhs to ₹40.0 Lakhs per year
    • IDBI Bank Manager Salary - ₹8.2 Lakhs to ₹25.0 Lakhs per year
    • Standard Chartered Manager Salary - ₹10.4 Lakhs to ₹30.0 Lakhs per year
    • NatWest Group Manager Salary - ₹9.0 Lakhs to ₹26.5 Lakhs per year
    What is the salary of a Manager in Finance & Accounting department in companies similar to Indian Overseas Bank in India?
    • Barclays Manager Salary - ₹12.0 Lakhs to ₹23.3 Lakhs per year
    • Bank of Baroda Manager Salary - ₹9.6 Lakhs to ₹20.0 Lakhs per year
    • Canara Bank Manager Salary - ₹8.4 Lakhs to ₹22.0 Lakhs per year
    • Federal Bank Manager Salary - ₹8.0 Lakhs to ₹22.0 Lakhs per year
    • NatWest Markets Manager Salary - ₹15.4 Lakhs to ₹20.4 Lakhs per year
    What is the estimated take home salary of a Manager in Finance & Accounting department at Indian Overseas Bank in India?
    The estimated take-home salary of a Manager in Finance & Accounting department at Indian Overseas Bank ranges between ₹1,00,297 per month to ₹1,03,029 per month in India. The take-home salary calculation is based on the average Indian Overseas Bank Manager salary in India which ranges between ₹8.0 Lakhs to ₹22.0 Lakhs per year for employees with experience between 8 years to 12 years. Check how did we calculate take home salary?
    What is the notice period for Manager in Finance & Accounting department at Indian Overseas Bank?
    According to AmbitionBox, 74% of the Indian Overseas Bank Managers in Finance & Accounting department reported a notice period of 3 Months, 10% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 31 responses on AmbitionBox in last 2 years.

    Tell us how to improve this page.

    Indian Overseas Bank Manager salary in Finance & Accounting department in India ranges between ₹8 Lakhs to ₹22 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 27 Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.