Indian Overseas Bank

4.2
iob.in
Age Unknown
Chennai, India
Banks & Credit Unions
10000+
Private

Reviews' Summary from 65 reviews

4.2 / 5

Job Security

4.5

Career growth

4.1

Work Satisfaction

3.9

Skill development

3.8

Company culture

3.8

Salary & Benefits

3.8

Work-Life balance

3.7

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Working Days

Office Travel

Work Timings

Strict

Flexible

Indian Overseas Bank Reviews

1 - 10 of 65 ReviewsSort By: Popularity  |  Latest

Excellent
Good
Good
Good
Excellent
Excellent
Excellent

Likes

This is a Bank which is Small enough to know a Customer and Big enough to serve. Good People to grow with. All the staff members are committed to the growth of the Bank and have good loyalty. The only Bank which remembers its illustrious founder Mr.M.Ct.M. Chidambaram Chettiar. It is totally scam free. The only Bank to have had Drive in Counter in its Cathedral Branch of Chennai.
1.first Bank to introduce Personal Loan to Customers for the purchase of needy items like Cycle, Two/four wheelers, Refrigerator, Washing machines
2.First Bank to overseas Branches in Penang, Singapore, Malaysia, Burma etc.
3. Having correspondents worldwide including China, Syria.
4. First Bank to open with Foreign Exchange Dealing Licence.
5. Moved up its position from 13th at the time of nationalization to seventh in the year 2005.
6.The leader in handling foreign exchange business.
7. Has developed enormous skills in handling Agri-Business and played the significant role in the green and white revolution of India.
8.Very good in Customer Service.
9.Skill DEvelopment of staff at all levels with strong training college besides sending them to other institutions like NIBM, BTC
and also abroad.


Dislikes

Presently the Bank is going through tough times with enormous NPAs
I am sure with the committed staff it will come out of the problem and will become profitable. next year.

Work

When you start liking the work you will enjoy.

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Working Days

Alternate Saturday Off

Job Travel

I have to travel within country, international travel.

Work Timings

10:00 AM to 5:00 PM (strict)

Facilities

Cafeteria

Soft skill training

International relocation

Health insurance

+1 More

Job training

Show Less

33 views

33 views


Good
Good
Excellent
Good
Excellent
Good
Good

Likes

The company is rating high in public sector bank. It adopts high technology and gives world class customer satisfaction. I enjoy being part of this bank. IOB gives full discretion to their managers to adopt new market policy and help them to grow the business. It also handles the govt. norms to deliver the services to lower incomegroup people. I was posted in various states and it gives me chance to handle the customers of different cultural backgrounds .I learned that a customer is happy if if you demand minimum requirements and gives them maximum adjustment.

Dislikes

NPA is there. So the growth of the bank is little slow. Govt sponsor loan is going to NPA

Work

As I retired from the bank as a br. manager.i was responsible for business growth. Operation and administration. Some times due to shortage of staff it becomes hard to handle the day to day work but at any cost I managed to finish the work at end.

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Working Days

Monday to Friday

Job Travel

I have to travel within country

Work Timings

10:00 AM to 6:00 PM (strict)

Facilities

Team outings

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64 views

64 views


Good
Excellent
Excellent
Good
Excellent
Good
Excellent

Likes

I am fortunate to get selected in Indian Overseas Bank and am proud of it. They have provided me all sort of training at time to times to enhance my career.Due to regular training I was able to discharged my duties diligently and in proper way. I am thankful to my esteemed organisation who has provided me job security, money, better living standard. I am lucky to have all helping staff through out my career and they are instrumental for my career growth. I am deeply thankful to them. I do like my regular transfer which provide me the opportunity to interact with people from different regions and sects. I still value the relationship of customers. I am satisfied person with limited wishes. My family always supported me.

Dislikes

Delay in getting the sanctions.

Work

I enjoyed.

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Working Days

Monday to Saturday

Job Travel

I have to travel within city

Work Timings

9:30 AM to 7:30 PM (strict)

Facilities

Free transport

Cafeteria

Education assistance

Soft skill training

+2 More

Health insurance

Job training

Show Less

30 views

30 views


Excellent
Excellent
Excellent
Excellent
Excellent
Excellent
Excellent

Likes

We were having a friendly working atmosphere. Trainings were imparted to all staff members on Business, Management etc. Due to regular transfers we were exposed to different nuances of business like Foreign exchange. Priority Sector lendings, Industrial Advances Risk Management etc. Well documented Book of Instructions Documentation manual are provided in all the branches and controlling offices. Good performance appraisal and timely promotions were given to deserving staff members. I worked from April 1970 to May 2010, totally for 40 years in the Bank.

Dislikes

Nothing specific to mention

Work

Very interesting and exciting. I was with IOB for 40 years and served very sincerely. I was rewarded with timely promotions and recognitions.

Show More

Working Days

Monday to Saturday

Job Travel

I have to travel within country

Work Timings

9:00 AM to 6:00 PM (strict)

Facilities

Cafeteria

Soft skill training

International relocation

Health insurance

+1 More

Job training

Show Less

31 views

31 views


Excellent
Good
Good
Good
Excellent
Good
Excellent

Likes

IOB is well known bank in domestic and international market and I feel previllege to work with IOB. I could learn the banking from grass root level ti exectuve level in all the capacity and in the departments. I enjoyed working.

Dislikes

IOB had provided me trainings to work in all the deptt specially Assets management portfolio and I could perform best if my ability.Working environment was healthy

Work

I enjoyed working with IOB

Show More

Working Days

Alternate Saturday Off

Job Travel

I have to travel within country, international travel.

Work Timings

10:00 AM to 7:30 PM (strict)

Facilities

Free transport

Cafeteria

Soft skill training

International relocation

+2 More

Health insurance

Job training

Show Less

51 views

51 views


Excellent
Excellent
Excellent
Excellent
Excellent
Excellent
Excellent

Likes

I am so grateful that I was a part of Indian overseas bank.worked for long 35 years.got various training .very good salary.having good working environment in the bank.

Dislikes

There is no dislike from my part about working at Indian Overseas Bank

Work

My work is slightly challenging as I have to look after the critical part of the branch and I was ready to take the challenge.

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Working Days

Monday to Saturday

Job Travel

I have to travel within city

Work Timings

flexible

Facilities

Free transport

Childcare

Work from home

Education assistance

+3 More

Soft skill training

Health insurance

Job training

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30 views

30 views


Good
Poor
Average
Good
Excellent
Excellent
Good

Likes

There is a sense of belonging among the employee irrespective of cader/grade. Higher authorities can be approached easily. Customer service is excellent.

Dislikes

Interference of the unions / associations in posting / promotion.

Work

Work load is very high due to less number of staff members compared to business growth.

Show More

Working Days

Alternate Saturday Off

Job Travel

I have to travel within country

Work Timings

10:00 AM to 8:00 PM (strict)

Facilities

Team outings

Education assistance

Soft skill training

International relocation

+2 More

Health insurance

Job training

Show Less

30 views

30 views


Terrible
Terrible
Terrible
Terrible
Excellent
Poor
Terrible

Likes

Having no other choice, am working here.

Dislikes

No professionalism, rampant corruption , 90% women employees don't work and offer sexual pleasure to management and association people for favour.

Work

There is no work to do but shown by employees as if they are working extremely hard.

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Working Days

Monday - Saturday but 2nd and 4th Saturday holidays

Job Travel

I have to travel within country

Work Timings

10:00 AM to 8:00 PM (strict)

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35 views

35 views


Excellent
Excellent
Excellent
Excellent
Excellent
Good
Excellent

Likes

workers under me were very co-operative, obliging and immediate in attending to the need of the customers. I had about 8 to 10 persons working under me in Vellore. In chennai only a handful. but upto my satisfaction.

Dislikes

On superannuation I have to leave the job. Still love to work in IOB.

Work

An excellent place to work with.

Show More

Working Days

Monday to Saturday

Job Travel

I have to travel within city

Work Timings

8:30 AM to 5:30 AM (strict)

Facilities

Education assistance

Soft skill training

Health insurance

Job training

Show Less

30 views

30 views


Excellent
Excellent
Excellent
Excellent
Excellent
Excellent
Excellent

Likes

I have enjoyed the team spirit of my fellow staff.Technology helped me to speed up my job.Customer satisfaction given me a boost to work.

Dislikes

Almost nothing.

Work

With smile face during office I have completed my entire service career.

Show More

Working Days

Monday to Friday

Job Travel

I have to travel within country

Work Timings

10:00 AM to 5:00 PM (strict)

Show Less

30 views

30 views


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