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

Due to the excellent remuneration and career growth opportunities, the IDBI Executive job has high demand among banking aspirants. IDBI Bank Ltd. invites online applications from eligible candidates for the post of Executive – Sales and Operations (ESO) on a Contract basis. Aspirants will be eager to know the IDBI Executive salary 2024 details. Here we have given the details of IDBI executive salary slip 2024. Along with the details of IDBI executive salary per month for freshers, go through the contract period and career growth aspects. As per the notification, The ESOs will be paid a lump sum/fixed remuneration of Rs.29000 per month for the 1st year and Rs.31000 per month for the 2nd year. Along with IDBI Executive Salary in hand 2024 details, check here the  IDBI Executive job profile info on this page. You can compute the IDBI Executive Salary after 3 years, 5 years by understanding the career growth opportunities.

Download IDBI Executive Syllabus 2024 PDF

IDBI Executive Cut Off

IDBI Executive Salary 2024

The IDBI Executive Salary for freshers is provided below. 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.

IDBI Executive Mock Test

IDBI Executive Admit Card 2024

NOTE:

• The appointment being purely contractual in nature. 

• The appointee shall not be entitled to draw any allowances such as DA, HRA, etc.

• The appointee shall not be entitled to 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 Previous Year Question Paper

IDBI Executive Career Growth, Contract 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 a further one year, subject to satisfactory performance, completion of assigned mandatory e-certifications, availability of vacancies and any other criteria that Bank may decide from time of time.

• On successful completion of a period of 2 years of contractual service, the appointee shall become eligible for appointment as Junior Assistant Manager, (JAM), Grade ‘O’ in the Bank through a selection process that would be conducted by the Bank.

• On joining the Bank’s services as Junior Assistant Manager - JAM (Grade ‘O’), CTC would range between Rs.6.14 lakh to Rs.6.50 lakh per annum (Class A city) at the time of joining.

IDBI Executive Salary Slip 2024

The IDBI Executive Salary Slip 2024 contains the consolidated pay details. The consolidated salary is Rs.29000 per month for the 1st year and Rs.31000 per month for the 2nd year. There will be no allowances in the salary slip.

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.

FAQs

Here we have added some important FAQs regarding the IDBI Executive salary in-hand.

Q: Is there any allowances included in the IDBI Executive salary slip 2024?

The IDBI Executive is not entitled for allowances.

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

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

Q: What is the IDBI executive salary per month for the 2nd year?

IDBI executive salary in hand for the 2nd year is Rs.31000.