IDBI Executive Salary 2023, Structure, Job Profile & Allowances

Hello Dear Aspirants,

IDBI Executive Salary 2023

IDBI Executive Recruitment 2023 has been released for 1300 vacancies for the post of Executive Sales and Operations on a contractual basis. The registration process has been activated on the official website and it will continue till 06 December 2023. So, now the IDBI Executive Salary 2023 must be known to all candidates. As per the details mentioned in the official notification, the initial salary for IDBI Executive is approx. Rs. 29,000. The candidates aspiring for this opportunity ought to know all about the IDBI Executive Salary 2023. The details on Salary along with allowances and benefits can keep the candidates motivated. Here in this post we have covered the IDBI Executive Salary 2023 in detail.

On the first year of employment, IDBI Executives will receive a sum of 29,000/- per month. Further details related to the IBDI Executive Salary 2023 are provided in this article below along with other relevant details like job profile, career growth, promotion, etc.

IDBI Executive Salary 2023

The Industrial Development Bank of India (IDBI) offers a handsome amount of salary to the IDBI Executives. The salary related to the job will increase with the passing years. Along with a lucrative salary, the job also provides several other benefits like Convenient working hours, good travelling facilities, security of the job, easy loan facilities at low-interest rates, etc.

The IDBI Executive job also presents promising prospects for career growth, enabling individuals to progress within the organization through internal promotions. To get further insights into all the promising details related to the IDBI Executive salary 2023, allowance, job profile, etc, read the entire article.

IDBI Executive Salary 2023: Overview

Here is a brief overview of IDBI Executive salary 2023.

IDBI Executive Salary Structure

Based on the IDBI Executive Recruitment 2023, individuals who successfully complete a 3-year contractual service will become eligible for appointment as Assistant Manager (Grade A) in the Bank. The selection process for this appointment will be conducted by the Bank. During the contractual period, Executives will receive a fixed remuneration in the form of a lump sum payment as outlined below.

IDBI Executive Salary: Contractual Period

The appointment of the Executive will be initially on a contractual basis for the first year. Subsequently, the appointment will be reviewed annually, taking into account the candidate’s performance, completion of mandatory e-certifications, and the availability of vacancies at that time. Upon successfully completing 3 years of contractual service in the Executive role, candidates will have the opportunity to be appointed as Assistant Manager Grade A through a selection process conducted by IDBI Bank.

IDBI Executive Salary 2023: Allowances and Benefits

In addition to the IDBI Executive Salary 2023, candidates selected for IDBI Executive jobs permanently are entitled to various perks and benefits in accordance with the IDBI norms. These benefits may include allowances such as DA (Dearness Allowance), HRA (House Rent Allowance), and more.

IDBI Executive Job Profile and Promotion

IDBI Executive Job profile and Promotion delivers a vast opportunity to the students. Candidates must check all the promotions which they will get in IDBI.

• IDBI Executive
• IDBI Assistant Manager (Grade A)
• Manager (Grade B)
• Assistant General Manager (Grade C)
• Deputy General Manager (Grade D)
• General Manager (Grade E)
• Chief General Manager (Grade F)
• Executive Director.

FAQ on IDBI Executive Salary 2023