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IOB Salaries in India (Updated 2025)

based on 59 latest salaries
Explore Salaries by Departments
BFSI, Investments & Trading
Designation Avg Annual Salary Open Jobs
7 - 8 years exp. (AmbitionBox Estimate)
unlock blur Lock Unlock

₹6.3 L/yr - ₹8 L/yr

6 years exp. (AmbitionBox Estimate)
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₹6.3 L/yr - ₹8 L/yr

0 - 3 years exp. (AmbitionBox Estimate)
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₹1.8 L/yr - ₹2.3 L/yr

Experience: NA  (AmbitionBox Estimate)
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₹4.3 L/yr - ₹5.5 L/yr

Starting your career? Discover IOB fresher salaries in India
25 years exp. (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

1 year exp. (AmbitionBox Estimate)
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₹10.2 L/yr - ₹13.1 L/yr

9 years exp. (AmbitionBox Estimate)
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₹3.4 L/yr - ₹4.4 L/yr

3 years exp. (AmbitionBox Estimate)
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₹14.9 L/yr - ₹19.1 L/yr

31 years exp. (AmbitionBox Estimate)
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₹5 L/yr - ₹6.4 L/yr

14 years exp. (AmbitionBox Estimate)
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₹19.8 L/yr - ₹25.3 L/yr

25 years exp. (AmbitionBox Estimate)
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₹18.1 L/yr - ₹23.2 L/yr

14 years exp. (AmbitionBox Estimate)
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₹25.8 L/yr - ₹32.9 L/yr

Fresher (AmbitionBox Estimate)
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₹3.2 L/yr - ₹4 L/yr

2 years exp. (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.7 L/yr

6 years exp. (AmbitionBox Estimate)
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₹5.4 L/yr - ₹6.9 L/yr

2 years exp. (AmbitionBox Estimate)
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₹1.5 L/yr - ₹1.9 L/yr

8 years exp. (AmbitionBox Estimate)
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₹11.9 L/yr - ₹15.2 L/yr

9 years exp. (AmbitionBox Estimate)
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₹0.7 L/yr - ₹0.9 L/yr

3 years exp. (AmbitionBox Estimate)
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₹4.5 L/yr - ₹5.8 L/yr

14 years exp. (AmbitionBox Estimate)
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₹22.5 L/yr - ₹28.8 L/yr

Last Updated: 22 Apr, 2025

Salary related reviews for IOB

3.9

Rated by 13 employees for salary & benefits

BFSI, Investments & Trading Department

5.0
  •  posted on 26 May 2022

5.0
 for  Salary and Benefits

Likes

...cy lays down rules and regulations for smooth functioning of the Bank branches. salary hike is taken care of by the tripartite settlement

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  • Salary - Excellent
  • +6 more

Dislikes

As of now there is no serious issue which affects the employees

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IOB Salary FAQs

How much does IOB pay to its employees?
The average annual salary at IOB varies depending on the role, experience, and location. The salary ranges for some popular designations at IOB, are as follows:

Branch Banking Officer ₹6.3 Lakhs to ₹8 Lakhs per year
Head Cashier ₹6.3 Lakhs to ₹8 Lakhs per year
Clerk ₹1.8 Lakhs to ₹2.3 Lakhs per year
Banking Operations ₹4.3 Lakhs to ₹5.5 Lakhs per year

The highest-paying role, Assistant Manager, earns between ₹4.1 Lakhs to ₹9 Lakhs per year. The top 10% of employees earn more than ₹20.1 Lakhs per year, and the top 1% earn over ₹34.6 Lakhs per year. Salaries at IOB 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 salary estimates are based on data from 59 salaries submitted by IOB employees. IOB is rated 3.9 out of 5 stars by its employees on the salary and benefits parameter.

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Average annual salary in IOB is INRunlock blur . Salary estimates are based on 50+ IOB latest salaries received from various employees of IOB.

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