Indian Overseas Bank New Delhi Senior Manager Salaries by 10+ Employees

10 - 15 years exp.

₹12.5 Lakhs - ₹25 Lakhs

Salary of majority employees

8% less than the average Senior Manager Salary in Banking Companies for 10 - 15 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 10 - 12 years exp. (3 salaries)	₹12.5 L/yr - ₹25 L/yr
Customer Success, Service & Operations Senior Manager Salary 12 years exp. (AmbitionBox Estimate)	₹15 L/yr - ₹20.3 L/yr
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Finance & Accounting Senior Manager Salary 15 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹22 L/yr

Last Updated: 22 Apr 2024

Companies similar to Indian Overseas Bank for Senior Manager in New Delhi

Indian Overseas Bank Senior Manager Salary

10 - 15 years exp. (11 salaries)

₹12.5 L/yr - ₹25 L/yr

Company name	Avg Annual Salary	Open Jobs
Kotak Mahindra Bank Senior Manager Salary 2 - 19 years exp. (458 salaries)	₹6.5 L/yr - ₹21 L/yr 40% less
Yes Bank Senior Manager Salary 2 - 18 years exp. (393 salaries)	₹6.5 L/yr - ₹21.1 L/yr 37% less
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IDFC FIRST Bank Senior Manager Salary 3 - 17 years exp. (132 salaries)	₹7.8 L/yr - ₹22 L/yr 30% less
Bank of America Senior Manager Salary 8 - 18 years exp. (103 salaries)	₹17.8 L/yr - ₹46 L/yr 57% more	3 job openings
AU Small Finance Bank Senior Manager Salary 4 - 18 years exp. (77 salaries)	₹5 L/yr - ₹19.9 L/yr 38% less
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (43 salaries)	₹6 L/yr - ₹19.2 L/yr 39% less	6 job openings
NatWest Group Senior Manager Salary 9 - 18 years exp. (35 salaries)	₹9.5 L/yr - ₹25 L/yr 10% less
Bandhan Bank Senior Manager Salary 6 - 17 years exp. (27 salaries)	₹9 L/yr - ₹17 L/yr 35% less
Union Bank of India Senior Manager Salary 8 - 14 years exp. (26 salaries)	₹10.5 L/yr - ₹28 L/yr 7% more
Federal Bank Senior Manager Salary 6 - 14 years exp. (20 salaries)	₹13 L/yr - ₹30 L/yr 19% more
Jana Small Finance Bank Senior Manager Salary 6 - 15 years exp. (18 salaries)	₹6.9 L/yr - ₹15 L/yr 45% less
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Indian Bank Senior Manager Salary 8 - 13 years exp. (10 salaries)	₹12 L/yr - ₹27 L/yr 8% more
UCO Bank Senior Manager Salary 9 - 12 years exp. (10 salaries)	₹14 L/yr - ₹26 L/yr 8% more
Central Bank of India Senior Manager Salary 8 - 12 years exp. (9 salaries)	₹11 L/yr - ₹20 L/yr 5% less
Bank of Maharashtra Senior Manager Salary 8 - 12 years exp. (9 salaries)	₹15.5 L/yr - ₹21.6 L/yr 3% more
Ujjivan Small Finance Bank Senior Manager Salary 7 - 14 years exp. (4 salaries)	₹7.5 L/yr - ₹9.9 L/yr 60% less
Deutsche Bank Senior Manager Salary 12 - 14 years exp. (4 salaries)	₹9.3 L/yr - ₹17.7 L/yr 25% less
IDBI Bank Senior Manager Salary 13 - 15 years exp. (3 salaries)	₹16.5 L/yr - ₹20 L/yr 15% less
Equitas Small Finance Bank Senior Manager Salary 7 - 15 years exp. (3 salaries)	₹9.2 L/yr - ₹12 L/yr 48% less
NatWest Markets Senior Manager Salary 11 - 13 years exp. (3 salaries)	₹12.7 L/yr - ₹16.9 L/yr 16% less

Senior Manager salary at Indian Overseas Bank ranges between ₹12.5 Lakhs to ₹25 Lakhs per year for employees with experience between 10 years to 15 years. Salary estimates are based on 11 latest salaries received from various employees of Indian Overseas Bank.

Experience wise Indian Overseas Bank Senior Manager salaries in New Delhi

Last Updated: 22 Apr 2024

Experience	Avg Annual Salary
10 years (3 salaries)	₹12.5 L/yr - ₹34.9 L/yr
11 years (3 salaries)	₹12.5 L/yr - ₹22 L/yr
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12 years (AmbitionBox Estimate)	₹17.4 L/yr - ₹22.2 L/yr
13 years (AmbitionBox Estimate)	₹17.5 L/yr - ₹22.4 L/yr
14 years (AmbitionBox Estimate)	₹17.7 L/yr - ₹22.6 L/yr
15+ years (3 salaries)	₹18 L/yr - ₹22 L/yr

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From

Senior Manager

8 - 18 years exp.

Chief Manager

13 - 24 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

Assistant General Manager Salary

(3 salaries)

₹22 L/yr - ₹36 L/yr

Salary related reviews for Indian Overseas Bank

Senior Manager in Chennai

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.

Skill development - Excellent

+5 more

Dislikes

Salary is less as compared to workload

Senior Manager in Ranchi

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. ;)

Salary - Good

+4 more

Dislikes

No grooming opportunity.

Skill development - Bad

Branch Manager in Ranchi

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.

Skill development - Poor

+4 more

Manager in Pune

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..

Salary - Poor

+4 more

Assistant Manager in Chennai

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).

Salary - Bad

+6 more

see more salary related reviews

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Shifting from Bangalore to Hyderabad

I’m working in Bangalore for last 9 years. Currently I got 2 offers. 1. CTS - Bangalore (CTC - 22.7 LPA) 2. Deloitte - Hyderabad (CTC - 24.2 LPA) Is it good move to shift to Hyderabad for Deloitte ? Is it ok to ask the HR if my base location can be changed to Bangalore ? Please share your thoughts

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Indian Overseas Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Indian Overseas Bank in New Delhi?

The average salary of a Senior Manager at Indian Overseas Bank in New Delhi typically ranges from ₹12.5 Lakhs to ₹25.0 Lakhs per year, depending on experience (from 10 years to 15 years).

The top 10% of Senior Manager in New Delhi at Indian Overseas Bank earn more than ₹23.2 Lakhs per year, and the top 1% earn over ₹25.0 Lakhs per year. Senior Manager Salaries at Indian Overseas Bank can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 10+ Indian Overseas Bank employees in India.

What is the estimated take home salary of a Senior Manager at Indian Overseas Bank in New Delhi?

The estimated take-home salary of a Senior Manager at Indian Overseas Bank in New Delhi typically ranges from ₹1,31,293 to ₹1,36,053 per month. This is based on the average salary range of ₹12.5 Lakhs to ₹25.0 Lakhs per year for employees with experience ranging from 10 years to 15 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 10+ salaries received from various employees of Indian Overseas Bank. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Indian Overseas Bank for Senior Manager in India?

Bank of America	₹17.8 Lakhs to ₹46.0 Lakhs per year
Federal Bank	₹13.0 Lakhs to ₹30.0 Lakhs per year
Indian Bank	₹12.0 Lakhs to ₹27.0 Lakhs per year
UCO Bank	₹14.0 Lakhs to ₹26.0 Lakhs per year
Union Bank of India	₹10.5 Lakhs to ₹28.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Indian Overseas Bank, depending on the role and experience level.

What is the salary of a Senior Manager in companies similar to Indian Overseas Bank in New Delhi?

The salary of a Senior Manager at companies similar to Indian Overseas Bank in New Delhi varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Bank of Maharashtra	₹15.5 Lakhs to ₹21.6 Lakhs per year
Central Bank of India	₹11.0 Lakhs to ₹20.0 Lakhs per year
NatWest Group	₹9.5 Lakhs to ₹25.0 Lakhs per year
IDBI Bank	₹16.5 Lakhs to ₹20.0 Lakhs per year
NatWest Markets	₹12.7 Lakhs to ₹16.9 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Senior Manager at Indian Overseas Bank in New Delhi?

The salary growth for a Senior Manager at Indian Overseas Bank in New Delhi depends on factors such as experience, performance, and promotions. On average, a Senior Manager in New Delhi can expect the following growth trajectory at Indian Overseas Bank:

Experience	Average Salary Range
10 years	₹12.5 Lakhs to ₹34.9 Lakhs per year
11 years	₹12.5 Lakhs to ₹22.0 Lakhs per year
12 years	₹17.4 Lakhs to ₹22.2 Lakhs per year
13 years	₹17.5 Lakhs to ₹22.4 Lakhs per year

and so on.

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Indian Overseas Bank Senior Manager Salaries in New Delhi

Indian Overseas Bank Senior Manager salary in New Delhi ranges between ₹12.5 Lakhs to ₹25 Lakhs with an average annual salary of ₹. Salary estimates are based on 11 Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.