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The banking sector is offering a lot of job vacancies during the pandemic. The Industrial Development Bank of India, also known as IDBI, recruits new candidates for the calendar year 2021. Those who are eagerly waiting for the job vacancy in IDBI, then you have great news. The Industrial Development Bank of India has announced new job opportunities for Assistant Manager posts. Here we are providing the details of the salary for the Assistant Manager post in IDBI. If you want to know more about the exam notification, feel free to check out the upcoming IDBI Assistant Manager Exam 2021 Notification. Read further to know about the IDBI assistant manager salary structure and the IDBI assistant manager pay scale.
IDBI Assistant Manager 2021: Salary
The selected candidates must complete the training period. The stipends are granted to the candidates during the training period. Per month stipend is INR 2,500 for the candidates. The training is conducted in the classroom. For the candidates who are complete the classroom training, the next step is to go for the Internship. The Internship is about Three months. Another thing is salary increment while the eligible candidate is doing the Internship. The candidates will be getting paid INR 10,000 per month.
For those who complete the PDGBF course, The candidates’ responsibility as an Assistant Manager (Grade A). They will post as Assistant Manager at any of the IDBI Bank Branches. The basic pay is for Assistant Manager Grade A is about INR 23,000, the other thing the in-hand salary for Assistant Managers will be around INR 25,000 to INR 30,000. We are also providing the pay scale for the Assistant Manager positions.
IDBI Assistant Manager 2021: Pay Scale
|Experience in office in years||INR Basic Pay||INR Increment|
|7 Years||INR 23700||INR 980|
|9 Years (7+2)||INR 30560||INR 1145|
|16 Years (7+2+7)||INR 32850||INR 1310|
IDBI Assistant Manager 2021: Perks and Benefits
Many organizations only pay the salary. They do not have any other benefits, but IDBI offers other perks and benefits for their employees.
- Dearness Allowance The DA is around 46% of the basic salary, but employees can either increase or decrease depending on the inflation rate. Da is on the Consumer Price Index. It renews every quarter.
- Accommodation Allowances –Will provide a rented accommodation
- Medical Aid –A fixed annual allowance will pay for medical aid
- Traveling allowance– IDBI provides a traveling allowance.
- Newspaper Allowance– One Newspaper subscription paid monthly
Assistant Manager IDBI: Career Growth
IDBI is a banking sector, and there is a lot of career growth for the employees working for IDBI. Who does not like promotions? Candidates, you might start your career as an Assistant Manager. If you work hard according to IDBI, then you all have an excellent opportunity.
|IDBI Assistant Manager||Grade A|
|Assistant General Manager||Grade C|
|Assistant General Manager||Grade D|
|Deputy General Manager||Grade D|
|General Manager||Grade E|
|Chief General Manager||Grade F|
Job Profile: IDBI Assistant Manager 2021
|Job Profile||Detailed Description|
|Services to Customers||
|Handle Desk Work||
|Creation of Business||
We provide the salary details, benefits, and other perks given by IDBI. Aspirants, if you are interested in the IDBI Assistant Manager position. Also, you will be able to get the job profile. IDBI is recruiting for an Assistant Manager position. So take advantage of the opportunity—all the best for your career in the IDBI banking sector.
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