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Indian Overseas Bank Senior Manager salaries in Chennai

Annual salary range
8 - 15 years exp.
₹9 Lakhs - ₹27.5 Lakhs
Salary of majority employees
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6% less than the average Senior Manager Salary in Banking Companies for 8 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading
Senior Manager Salary
10 - 15 years exp. (11 salaries)
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₹13 L/yr - ₹27.5 L/yr

Engineering - Software & QA
Senior Manager Salary
8 - 11 years exp. (3 salaries)
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₹9 L/yr - ₹25 L/yr

IT & Information Security
Senior Manager Salary
11 - 15 years exp. (3 salaries)
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₹18 L/yr - ₹23.5 L/yr

Administration & Facilities
Senior Manager Salary
11 - 12 years exp. (AmbitionBox Estimate)
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₹13 L/yr - ₹18 L/yr

Procurement & Supply Chain
Senior Manager Salary
14 - 15 years exp. (AmbitionBox Estimate)
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₹16.5 L/yr - ₹19.3 L/yr

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Last Updated: 19 Dec 2024

Companies similar to Indian Overseas Bank for Senior Manager in Chennai

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Indian Overseas Bank Senior Manager Salary

8 - 15 years exp. (32 salaries)

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₹9 L/yr - ₹27.5 L/yr

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

8 - 15 years exp. (6 salaries)

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₹15 L/yr - ₹34 L/yr

arrow icon 4% more
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ICICI Bank Senior Manager Salary

2 - 19 years exp. (49 salaries)

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₹8.5 L/yr - ₹24 L/yr

arrow icon 19% less
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HDFC Bank Senior Manager Salary

4 - 21 years exp. (445 salaries)

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₹6 L/yr - ₹23.2 L/yr

arrow icon 34% less
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Axis Bank Senior Manager Salary

4 - 21 years exp. (252 salaries)

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₹6.9 L/yr - ₹24 L/yr

arrow icon 26% less
1 job opening
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Punjab National Bank Senior Manager Salary

7 - 11 years exp. (8 salaries)

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₹10 L/yr - ₹22 L/yr

arrow icon 2% less
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Canara Bank Senior Manager Salary

8 - 12 years exp. (8 salaries)

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₹14.5 L/yr - ₹26 L/yr

arrow icon 4% more
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Union Bank of India Senior Manager Salary

9 - 15 years exp. (10 salaries)

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₹10 L/yr - ₹25 L/yr

arrow icon 5% less
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Kotak Mahindra Bank Senior Manager Salary

3 - 18 years exp. (141 salaries)

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₹5.2 L/yr - ₹16.5 L/yr

arrow icon 43% less
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Standard Chartered Senior Manager Salary

6 - 21 years exp. (691 salaries)

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₹13 L/yr - ₹44 L/yr

arrow icon 27% more
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Yes Bank Senior Manager Salary

2 - 18 years exp. (183 salaries)

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₹7.2 L/yr - ₹20 L/yr

arrow icon 45% less
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Senior Manager salary at Indian Overseas Bank ranges between ₹9 Lakhs to ₹27.5 Lakhs per year for employees with experience between 8 years to 15 years. Salary estimates are based on 32 latest salaries received from various employees of Indian Overseas Bank.

Latest annual salaries shared by Indian Overseas Bank Senior Manager in Chennai

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10 years exp.
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13 years exp.
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8 years exp.
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9 years exp.

Experience wise Indian Overseas Bank Senior Manager salaries in Chennai

Last Updated: 19 Dec 2024

Experience Avg Annual Salary
8 years (AmbitionBox Estimate)

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₹7.9 L/yr - ₹25 L/yr
9 years (AmbitionBox Estimate)

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₹9 L/yr - ₹35.9 L/yr
10 years  (6 salaries)

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₹13.2 L/yr - ₹24 L/yr
11 years  (8 salaries)

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₹13 L/yr - ₹36.5 L/yr
12 years  (4 salaries)

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₹18 L/yr - ₹24 L/yr
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Indian Overseas Bank Senior Manager Salary and Career Growth

From

To

Senior Manager

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8 - 15 years exp.

Chief Manager

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13 - 17 years exp.

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

Branch Manager Salary
(6 salaries)
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₹8.25 L/yr - ₹20 L/yr

Salary related reviews for Indian Overseas Bank

3.3

Rated by 7 employees for salary & benefits

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

BFSI, Investments & Trading Department

4.0
  •  posted on 06 Mar 2019

4.0
 for  Salary and Benefits

Likes

...try . IOB is one nice place to work for if u r satisfied being paid for no work. Actually there is no work pressure , no value addition in the Bank's business month on month, and still u r being paid a decent salary. Salary is at par with banking industry but perks are at lower side. Bank forgets u once u r hired. So no grooming also. If u like it, it is d best bank to work for. ;)

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  • Salary - Good
    +4 more

Dislikes

No grooming opportunity.

  • Skill development - Bad

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.

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  • Skill development - Poor
    +4 more

Full Time

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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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  • Salary - 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
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Indian Overseas Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Indian Overseas Bank Chennai?
Senior Manager salary at Indian Overseas Bank in Chennai ranges between ₹9.0 Lakhs to ₹27.5 Lakhs for experience between 8 years to 15 years. According to our estimates it is 6% less than the average Senior Manager Salary in India. Salary estimates are based on 32 latest salaries received from various employees of Indian Overseas Bank Chennai.
How does the salary of a Senior Manager at Indian Overseas Bank Chennai compare with the average salary range for this job?
The average salary of a Senior Manager at Indian Overseas Bank is 6% less than the average salary of a Senior Manager in Chennai. To know exact salary insights, login to view.
Which similar companies are paying more than Indian Overseas Bank to a Senior Manager in Chennai?
  • Bank of America Senior Manager Salary - ₹20.0 Lakhs to ₹36.0 Lakhs per year
  • Standard Chartered Senior Manager Salary - ₹13.0 Lakhs to ₹44.0 Lakhs per year
  • Federal Bank Senior Manager Salary - ₹14.0 Lakhs to ₹25.0 Lakhs per year
  • Barclays Senior Manager Salary - ₹14.0 Lakhs to ₹33.5 Lakhs per year
  • Bank of Maharashtra Senior Manager Salary - ₹13.0 Lakhs to ₹22.6 Lakhs per year
What is the salary of a Senior Manager in companies similar to Indian Overseas Bank in Chennai?
  • State Bank of India Senior Manager Salary - ₹15.0 Lakhs to ₹34.0 Lakhs per year
  • Canara Bank Senior Manager Salary - ₹14.5 Lakhs to ₹26.0 Lakhs per year
  • UCO Bank Senior Manager Salary - ₹16.0 Lakhs to ₹20.0 Lakhs per year
  • Punjab National Bank Senior Manager Salary - ₹10.0 Lakhs to ₹22.0 Lakhs per year
  • Indian Bank Senior Manager Salary - ₹12.0 Lakhs to ₹26.0 Lakhs per year
What is the estimated take home salary of a Senior Manager at Indian Overseas Bank in Chennai?
The estimated take-home salary of a Senior Manager at Indian Overseas Bank ranges between ₹1,33,653 per month to ₹1,38,560 per month in Chennai. The take-home salary calculation is based on the average Indian Overseas Bank Senior Manager salary in India which ranges between ₹9.0 Lakhs to ₹27.5 Lakhs per year for employees with experience between 8 years to 15 years. Check how did we calculate take home salary?
What is the notice period for Senior Manager at Indian Overseas Bank in Chennai?
According to AmbitionBox, 72% of the Indian Overseas Bank Senior Managers in Chennai reported a notice period of 3 Months, 17% reported a notice period of More than 3 months and the remaining reported other notice period durations. This is based on 18 responses on AmbitionBox in last 2 years.

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Indian Overseas Bank Senior Manager salary in Chennai ranges between ₹9 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 32 Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.