IDBI Executive Salary 2024: In Hand Pay Structure, Salary Slip, Job Profile

Check IDBI Executive Salary 2024 and In Hand Pay Slip details. Due to the excellent remuneration, the IDBI Executive exam will certainly be in high demand among the aspirants. The pay scale in the IDBI executive salary slip 2024 attracts more candidates. In the notification, applicants can check the IDBI executive salary 2024 basic pay. So, you can easily know about the IDBI executive salary per month. Along with IDBI Executive Salary in hand 2024 and IDBI Executive Salary slip 2024 details you can know various info on this page. You can compute the IDBI Executive Salary after 3 years by understanding the ins and outs of the pay scale. Candidates applying for the position should also review the IDBI Executive Job Profile and Career Growth, as well as the IDBI Executive Salary 2024.

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IDBI Executive Salary 2024

The IDBI Executive Salary 2024 is provided below for applicants who are curious to know more about the IDBI Executive Salary per month. IDBI officials set executive salaries and adhere to the pay commission system. Candidates may also evaluate the IDBI Executive Salary in hand 2024 with the IDBI Executive Salary after 3 years.

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IDBI Executive Salary 2024 for a contractual period of three years

IDBI executive salary per month for First Year

₹ 29,000/- per month.

IDBI executive salary per month for Second Year

₹ 31,000/- every month.

IDBI executive salary per month for Third Year

₹ 34,000/ - per month

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IDBI Executive Salary 2024: Contractual Period

The selection process of candidates for the post of IDBI Executive is contractual.

  • Initially, the contract will be for a one-year term.

  • If the candidates’ first year's performance is satisfactory, this contract may be renewed for two further years on a year-to-year basis.

  • Every year, your performance will be evaluated. This implies that your continued employment at the bank will be exclusively contingent on your performance.

  • Following the end of the three-year contractual period, the executive's performance will be examined again, and if satisfactory, he or she may be promoted to Assistant Manager. This promotion will be based on an internal test or any other means of IDBI Bank's selection procedure.

IDBI Executive Perks and Allowances:

  • In addition to the above IDBI Executive salary 2024 pay scale per month, the Bank would also be contributing to the NPS account of the Executives as per norms applicable from time to time.

  • The appointment being purely contractual in nature, the appointee shall not be entitled to draw any allowances such as DA, HRA, etc. nor be entitled for any superannuation benefits, gratuity and provident fund or any benefits whatsoever.

  • The contractual period of service would not be counted for any seniority/superannuation/ terminal benefits, continuation of employment etc., in case, the appointee is considered for appointment in the services of the Bank as a regular full time employee at a later stage. However, the appointee would be covered under the IDBI Bank Ltd. New Pension Scheme (IBLNPS).

IDBI Executive Salary After 3 Years

Candidates will be eager to know the IDBI Executiuve salary After 3 years. as, on successful completion of a period of 3 years of contractual service, such appointees shall become eligible for appointment as Assistant Manager (Grade A) in the Bank through a selection process that would be conducted by the Bank. Hence, the IDBI Executiuve salary After 3 years will be on the scale of Assistant Manager grade A.

IDBI Executive Salary Slip 2024

Various components might be found on this IDBI Executive salary slip 2024. The IDBI Executive salary 2024 basic pay and allowances are the most important parts of that. The gross salary is mentioned in the IDBI Executive salary slip 2024. Also, if there are any deductions, that shall also be mentioned in the IDBI Executive salary slip 2024. thus, from the IDBI Executive salary slip 2024, you can know your net salary, which is the IDBI Executive Salary in Hand 2024.

IDBI Executive Job Profile

After being selected as an executive, a candidate might choose between two IDBI Executive Job profile.

1) Customer service executive (CSE) - The front desk is the responsibility of a customer service executive. A CSE is responsible for tasks like check clearing, updating contact/address information, and clearing bank suspense accounts at the end of the day. A CSE has sales objectives as well. Assisting the Assistant Manager is also part of this job description.

2)Teller Service Executive (TSE) - A teller service executive works in the same capacity as a bank cashier. He or she is in charge of the teller's counter.

IDBI Executive Career Growth

Here we provide the details of IDBI executive career growth. All applicants who are selected for the Recruitment of IDBI Bank executives will be hired for a one-year contract at first. After then, if the applicants' performance is adequate, the contract will be renewed for another two years. After completing a three-year contract, candidates' performance will be examined again, and they may be promoted to Assistant Manager based on an internal test and any other IDBI Bank selection procedure.

IDBI Executive Salary 2024: FAQs

Here we have added some important FAQs regarding the IDBI Executive salary 2024 in hand, IDBI Executive Job Profile 2024, and the related topics.

Q: What are the main components available in the IDBI Executive salary slip 2024?

The IDBI Executive salary slip 2024 has the following components - IDBI Executive salary 2024 basic pay, IDBI Executive perks & allowances, and deductions.

Q: What is the IDBI executive salary 2024 for the 1st year?

IDBI executive salary 2024 for 1st year is Rs.29000 per month.

Q: What is the IDBI executive salary per month for the 3rd year?

IDBI executive salary per month for the 3rd year is Rs.34000.

Q: What is the IDBI executive salary after 3 years?

On successful completion of a period of 3 years of contractual service, appointees shall become eligible for appointment as Assistant Manager (Grade A) in the Bank through a selection process that would be conducted by the Bank. Hence, the IDBI Executiuve salary After 3 years will be on the scale of Assistant Manager grade A.

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