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Indian Overseas Bank Officer Scale 1 salaries in India

Annual salary range
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₹13 Lakhs - ₹16.6 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.
Salary of majority employees
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Last Updated: 21 Oct 2024

Companies similar to Indian Overseas Bank for Officer Scale 1

Company name Avg Annual Salary Open Jobs
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State Bank of India Officer Scale 1 Salary

0 - 10 years exp. (10 salaries)

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₹7.3 L/yr - ₹11.5 L/yr

arrow icon 36% less
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ICICI Bank Officer Scale 1 Salary

0 - 3 years exp. (34 salaries)

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₹1.1 L/yr - ₹3.2 L/yr

arrow icon 83% less
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Bank of Baroda Officer Scale 1 Salary

3 - 12 years exp. (17 salaries)

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₹6.5 L/yr - ₹14 L/yr

arrow icon 27% less
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Canara Bank Officer Scale 1 Salary

2 - 10 years exp. (14 salaries)

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₹6.7 L/yr - ₹15 L/yr

arrow icon 30% less
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Union Bank of India Officer Scale 1 Salary

0 - 6 years exp. (4 salaries)

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₹6 L/yr - ₹8.6 L/yr

arrow icon 49% less
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Bank of India Officer Scale 1 Salary

1 - 11 years exp. (3 salaries)

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₹9 L/yr - ₹12.5 L/yr

arrow icon 37% less
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Federal Bank Officer Scale 1 Salary

0 - 2 years exp. (14 salaries)

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₹6.2 L/yr - ₹10 L/yr

arrow icon 36% less
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Bank of Maharashtra Officer Scale 1 Salary

2 - 6 years exp. (4 salaries)

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₹7 L/yr - ₹38.4 L/yr

arrow icon 5% more
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Indian Bank Officer Scale 1 Salary

0 - 9 years exp. (4 salaries)

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₹1.7 L/yr - ₹9.1 L/yr

arrow icon 56% less
Officer Scale 1 salary at Indian Overseas Bank ranges between ₹13 Lakhs to ₹16.6 Lakhs per year for employees with 10 years of experience. Salary estimates are based on 1 latest salaries received from various employees of Indian Overseas Bank.

Similar Designation salaries in Indian Overseas Bank

Chief Manager Salary
(24 salaries)
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₹18 L/yr - ₹40 L/yr
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₹8.1 L/yr - ₹31.8 L/yr
Clerical Staff Salary
(5 salaries)
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₹4.5 L/yr - ₹8 L/yr
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₹8.4 L/yr - ₹10 L/yr
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₹1.1 L/yr - ₹5.8 L/yr
Clerk Salary
(4 salaries)
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₹3 L/yr - ₹6.8 L/yr
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₹12 L/yr - ₹30 L/yr
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₹2.05 L/yr - ₹7.1 L/yr
Deputy Manager Salary
(4 salaries)
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₹10 L/yr - ₹12 L/yr
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₹2 L/yr - ₹7.5 L/yr

Salary related reviews for Indian Overseas Bank

1.0

Rated by 1 employees for salary & benefits

Other Department

5.0
  •  posted on 26 May 2018

5.0
 for  Salary and Benefits

Likes

...s a part of Indian overseas bank.worked for long 35 years.got various training .very good salary.having good working environment in the bank.

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Dislikes

There is no dislike from my part about working at 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..

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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.

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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.

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Dislikes

Salary is less as compared to workload

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Indian Overseas Bank Officer Scale 1 Salary FAQs

What is the notice period for Officer Scale 1 at Indian Overseas Bank?
According to AmbitionBox, 100% of the Indian Overseas Bank Officer Scale 1s reported a notice period of More than 3 months.This is based on 1 response on AmbitionBox in last 2 years.

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Indian Overseas Bank Officer Scale 1 salary in India ranges between ₹13 Lakhs to ₹16.6 Lakhs. This is an estimate based on latest salaries received from employees of Indian Overseas Bank.