IOB Salaries by 50+ Employees (Updated 2025)

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BFSI, Investments & Trading

Designation	Avg Annual Salary	Open Jobs
Branch Banking Officer 7 - 8 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Head Cashier 6 years exp. (AmbitionBox Estimate)	₹6.3 L/yr - ₹8 L/yr
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Clerk 0 - 3 years exp. (AmbitionBox Estimate)	₹1.8 L/yr - ₹2.3 L/yr
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Banking Operations Experience: NA (AmbitionBox Estimate)	₹4.3 L/yr - ₹5.5 L/yr
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Branch Manager 5 - 14 years exp. (AmbitionBox Estimate)	₹11.6 L/yr - ₹14.8 L/yr
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Banking Officer 25 years exp. (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Amazon Account Manager 1 year exp. (AmbitionBox Estimate)	₹10.2 L/yr - ₹13.1 L/yr
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Bank Teller 9 years exp. (AmbitionBox Estimate)	₹3.4 L/yr - ₹4.4 L/yr
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Auditor 3 years exp. (AmbitionBox Estimate)	₹14.9 L/yr - ₹19.1 L/yr
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Retired Manager 31 years exp. (AmbitionBox Estimate)	₹5 L/yr - ₹6.4 L/yr
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Chief Manager 14 years exp. (AmbitionBox Estimate)	₹19.8 L/yr - ₹25.3 L/yr
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Senior Project Manager 25 years exp. (AmbitionBox Estimate)	₹18.1 L/yr - ₹23.2 L/yr
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SAP MM Consultant 14 years exp. (AmbitionBox Estimate)	₹25.8 L/yr - ₹32.9 L/yr
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Quality Analyst Fresher (AmbitionBox Estimate)	₹3.2 L/yr - ₹4 L/yr
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Manual Test Engineer 2 years exp. (AmbitionBox Estimate)	₹5.2 L/yr - ₹6.7 L/yr
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Account Assistant 6 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.9 L/yr
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Hardware Engineer 2 years exp. (AmbitionBox Estimate)	₹1.5 L/yr - ₹1.9 L/yr
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AM - Finance & Accounts 8 years exp. (AmbitionBox Estimate)	₹11.9 L/yr - ₹15.2 L/yr
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Customer Service Associate 9 years exp. (AmbitionBox Estimate)	₹0.7 L/yr - ₹0.9 L/yr
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Software Developer 3 years exp. (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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Experience - 5.9 Tech - React.js CTC- 13LPA Current company - TCS Offer in the process - Nagarro (19LPA) My LWD is 24th May, but I told Nagarro I can be released in 30 days. Now, should I: 1. Be honest and say I can join on 25th May? 2. Commit to 25th April and request a DOJ extension later?(By telling them some emergency) Q1). If I choose option 1, is there a risk they won’t release the offer?(As I am being hired for a particular project, so will they go for some immediate candidates?) Q2). If I choose option 2, could they revoke the offer?(As the HR told changing the DOJ in released offer letter is not possible

Nagarro offer: Kindly Help me to decide

Option 1

Option 2

89 participants . expiring in 2d

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Salary related reviews for IOB

3.9

Rated by 13 employees for salary & benefits

Retired AGM in Chennai

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

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, Manager, earns between ₹6 Lakhs to ₹12.5 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 58 salaries submitted by IOB employees. IOB is rated 3.9 out of 5 stars by its employees on the salary and benefits parameter.