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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
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₹5
Lakhs - ₹6.4
Lakhs
Low Confidence 
Low confidence means that this average salary is based on data that was reported by very few people.
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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 Retired Manager in Chennai
IOB
Retired Manager Salary
31 years exp. (AmbitionBox Estimate) |  ₹5 L/yr - ₹6.4 L/yr |
vs
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 State Bank of India Retired Manager Salary
31 - 34 years exp. (4 salaries) |  ₹9 L/yr - ₹13 L/yr 
119%
more | |
Retired Manager salary at IOB ranges between ₹5
Lakhs
to ₹6.4
Lakhs
per year for employees with 31 years of experience. Salary
estimates are based on
1 latest salaries received
from various employees of IOB.
Salary related reviews for IOB
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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 Retired Manager salary in Chennai ranges between ₹5 Lakhs to ₹6.4 Lakhs. This is an estimate based on latest salaries received from employees of IOB.