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...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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Annual salary range
Select experience
₹1.1
Lakh - ₹1.4
Lakh
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salaryInterested in this particular role?
Companies similar to IOB for Banker in Mumbai
IOB
Banker Salary
11 years exp. (AmbitionBox Estimate) |  ₹1.1 L/yr - ₹1.4 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 State Bank of India Banker Salary
10 - 31 years exp. (7 salaries) |  ₹9 L/yr - ₹22 L/yr 
1137%
more | |
 HDFC Bank Banker Salary
0 - 8 years exp. (19 salaries) | ₹1.5 L/yr - ₹7.5 L/yr
209%
more | |
Login to view exact salary
| ||
 ICICI Bank Banker Salary
0 - 7 years exp. (48 salaries) | ₹1.8 L/yr - ₹9 L/yr
232%
more | |
 Axis Bank Banker Salary
0 - 8 years exp. (28 salaries) | ₹2.5 L/yr - ₹6.8 L/yr
241%
more | |
 Kotak Mahindra Bank Banker Salary
0 - 8 years exp. (20 salaries) | ₹2 L/yr - ₹4.4 L/yr
172%
more | |
 TCS Banker Salary
3 - 5 years exp. (4 salaries) | ₹2.4 L/yr - ₹3 L/yr
114%
more | |
Banker salary at IOB ranges between ₹1.1
Lakh
to ₹1.4
Lakh
per year for employees with 11 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of IOB.
Salary related reviews for IOB
Top trending discussions
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Salary Discussions, Hike & Promotions
2w
a senior consultant
Retention offer
Hello,
Current offer from CG - Total 21.5L, fixed as 19.4 and rest bonus
Retention offer from Deloitte - Total 19.1, fixed as 15.5 and rest bonus (4L)
I understand the offer is less but my manager explained that Deloitte's hikes are better in the market and on an average, I can get 15% every year with good performance.
The same hikes in CG are around 5-6% so financially, my salary growth will definitely be more in Deloitte.
Please give me suggestions. I have good management and projects in Deloitte with WLB but I would like to have some perspective on offered CTC too
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IOB Banker salary in Mumbai ranges between ₹1.1 Lakh to ₹1.4 Lakh. This is an estimate based on latest salaries received from employees of IOB.