Indian Overseas Bank Pune Senior Manager Salaries by 4 Employees (Updated 2025)

11 - 15 years exp.

₹16 Lakhs - ₹24 Lakhs

Salary of majority employees

7% less than the average Senior Manager Salary in Banking Companies for 11 - 15 years of experience

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Last Updated: 10 Aug 2024

Companies similar to Indian Overseas Bank for Senior Manager in Pune

Indian Overseas Bank Senior Manager Salary

11 - 15 years exp. (4 salaries)

₹16 L/yr - ₹24 L/yr

Company name	Avg Annual Salary	Open Jobs
State Bank of India Senior Manager Salary 7 - 11 years exp. (5 salaries)	₹19.7 L/yr - ₹24 L/yr 4% more
ICICI Bank Senior Manager Salary 2 - 19 years exp. (80 salaries)	₹7.2 L/yr - ₹27 L/yr 16% less
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HDFC Bank Senior Manager Salary 4 - 21 years exp. (323 salaries)	₹6 L/yr - ₹23.8 L/yr 27% less
Axis Bank Senior Manager Salary 2 - 21 years exp. (282 salaries)	₹7.3 L/yr - ₹27 L/yr 22% less	1 job opening
Punjab National Bank Senior Manager Salary 9 - 14 years exp. (4 salaries)	₹11 L/yr - ₹21.3 L/yr 1% more
Bank of Baroda Senior Manager Salary 8 - 12 years exp. (11 salaries)	₹8 L/yr - ₹25.8 L/yr At par
Union Bank of India Senior Manager Salary 8 - 13 years exp. (17 salaries)	₹12 L/yr - ₹30 L/yr At par
Kotak Mahindra Bank Senior Manager Salary 1 - 17 years exp. (148 salaries)	₹5.5 L/yr - ₹22 L/yr 38% less
Yes Bank Senior Manager Salary 2 - 19 years exp. (97 salaries)	₹6.7 L/yr - ₹19 L/yr 40% less
IDFC FIRST Bank Senior Manager Salary 3 - 18 years exp. (46 salaries)	₹7 L/yr - ₹21 L/yr 31% less
Bank of Maharashtra Senior Manager Salary 8 - 14 years exp. (44 salaries)	₹11.5 L/yr - ₹32 L/yr 10% more
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AU Small Finance Bank Senior Manager Salary 5 - 12 years exp. (18 salaries)	₹5.3 L/yr - ₹19 L/yr 37% less	1 job opening
IndusInd Bank Senior Manager Salary 6 - 18 years exp. (13 salaries)	₹5.5 L/yr - ₹16.5 L/yr 40% less	2 job openings
Jana Small Finance Bank Senior Manager Salary 5 - 16 years exp. (13 salaries)	₹5.5 L/yr - ₹11.5 L/yr 51% less
Indian Bank Senior Manager Salary 10 - 13 years exp. (10 salaries)	₹12.3 L/yr - ₹27.5 L/yr 7% more
Bank of India Senior Manager Salary 8 - 12 years exp. (7 salaries)	₹15 L/yr - ₹30 L/yr 1% less
Federal Bank Senior Manager Salary 8 - 13 years exp. (5 salaries)	₹15 L/yr - ₹26 L/yr 20% more
UCO Bank Senior Manager Salary 9 - 11 years exp. (4 salaries)	₹8 L/yr - ₹20.4 L/yr 3% less
Central Bank of India Senior Manager Salary 8 - 13 years exp. (3 salaries)	₹18.4 L/yr - ₹19.8 L/yr 4% less
Ujjivan Small Finance Bank Senior Manager Salary 5 - 13 years exp. (3 salaries)	₹5.6 L/yr - ₹8.3 L/yr 62% less

Senior Manager salary at Indian Overseas Bank ranges between ₹16 Lakhs to ₹24 Lakhs per year for employees with experience between 11 years to 15 years. Salary estimates are based on 4 latest salaries received from various employees of Indian Overseas Bank.

Experience wise Indian Overseas Bank Senior Manager salaries in Pune

Last Updated: 10 Aug 2024

Experience	Avg Annual Salary
11 years (AmbitionBox Estimate)	₹8 L/yr - ₹24 L/yr
12 years (AmbitionBox Estimate)	₹18 L/yr - ₹23 L/yr
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13 years (AmbitionBox Estimate)	₹16 L/yr - ₹36.4 L/yr
14 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹24 L/yr
15+ years (AmbitionBox Estimate)	₹20 L/yr - ₹36.9 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

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AmbitionBox

New Job, Higher Pay, Now I’m Feeling Awkward

I’ve been at my new job for about six months now, and everything’s been going great! I’m getting positive feedback from my manager, and I get along well with the team. The thing is, when I started, my salary offer ended up being much higher than the initial number discussed during my interview. I didn’t negotiate and just accepted the offer. So, fast forward to happy hour with the team, and the topic of salary comes up. I, unfortunately, shared what I’m making, and let’s just say... it didn’t sit well with the others who have been on the team for years and make less than me. They weren’t mad at me, but now I’m feeling a bit uncomfortable and unsure how to handle this situation. Has anyone had something like this happen? How did you deal with it? Let’s chat!

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Indian Overseas Bank Senior Manager Salary FAQs

What is the salary of Senior Manager at Indian Overseas Bank Pune?

Senior Manager salary at Indian Overseas Bank in Pune ranges between ₹16.0 Lakhs to ₹24.0 Lakhs for experience between 11 years to 15 years. According to our estimates it is 7% less than the average Senior Manager Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Indian Overseas Bank Pune.

How does the salary of a Senior Manager at Indian Overseas Bank Pune compare with the average salary range for this job?

The average salary of a Senior Manager at Indian Overseas Bank is 7% less than the average salary of a Senior Manager in Pune. To know exact salary insights, login to view.

Which similar companies are paying more than Indian Overseas Bank to a Senior Manager in Pune?

Federal Bank Senior Manager Salary - ₹15.0 Lakhs to ₹26.0 Lakhs per year
Bank of Maharashtra Senior Manager Salary - ₹11.5 Lakhs to ₹32.0 Lakhs per year
Indian Bank Senior Manager Salary - ₹12.3 Lakhs to ₹27.5 Lakhs per year
State Bank of India Senior Manager Salary - ₹19.7 Lakhs to ₹24.0 Lakhs per year
Punjab National Bank Senior Manager Salary - ₹11.0 Lakhs to ₹21.3 Lakhs per year

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

Bank of Baroda Senior Manager Salary - ₹8.0 Lakhs to ₹25.8 Lakhs per year
Union Bank of India Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
Bank of India Senior Manager Salary - ₹15.0 Lakhs to ₹30.0 Lakhs per year
UCO Bank Senior Manager Salary - ₹8.0 Lakhs to ₹20.4 Lakhs per year
Central Bank of India Senior Manager Salary - ₹18.4 Lakhs to ₹19.8 Lakhs per year

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

The estimated take-home salary of a Senior Manager at Indian Overseas Bank ranges between ₹1,31,540 per month to ₹1,36,332 per month in Pune. The take-home salary calculation is based on the average Indian Overseas Bank Senior Manager salary in India which ranges between ₹16.0 Lakhs to ₹24.0 Lakhs per year for employees with experience between 11 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 Pune?

According to AmbitionBox, 100% of the Indian Overseas Bank Senior Managers in Pune reported a notice period of 3 Months.This is based on 1 response on AmbitionBox in last 2 years.

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Indian Overseas Bank Senior Manager Salaries in Pune

Indian Overseas Bank Senior Manager salary in Pune ranges between ₹16 Lakhs to ₹24 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Indian Overseas Bank latest salaries received from various employees of Indian Overseas Bank.