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Home Articles

IDBI Assistant Manager Salary 2021

by Sebastian Joseph
October 19, 2021
in Articles, Banking
IDBI Assistant Manager Salary 2021
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Table of Contents

  • IDBI Assistant Manager 2021: Salary
  • IDBI Assistant Manager 2021: Pay Scale
  • IDBI Assistant Manager 2021: Perks and Benefits
  • Assistant Manager IDBI: Career Growth
  • Job Profile: IDBI Assistant Manager 2021

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.

Get the latest government job updates here!

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.

Ace your preparation in the Bank Exams with Entri App!

IDBI Assistant Manager 2021: Pay Scale

1: What does the acronym "ATM" stand for in banking?

2: What is the primary function of a central bank?

3: Which of the following is a type of digital banking service?

4: What is the full form of "NEFT" in banking terms?

5: What does "KYC" stand for in banking?

    Fill out the form to see the results



    Ready to see how much you know? Take the challenge!

    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
    17+ INR 42021 –

    Enroll in Kerala's Top-rated Bank Coaching Program!

    Are you ready to take your banking career aspirations to new heights? Join Entri App's Bank Exam Coaching program to kickstart your preparations!

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    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.

    1. 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.
    2. Accommodation Allowances –Will provide a rented accommodation
    3. Medical Aid –A fixed annual allowance will pay for medical aid
    4. Traveling allowance– IDBI provides a traveling allowance.
    5. 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.

    Posts Grades
    IDBI Assistant Manager Grade A
    Manager Grade B
    Assistant General Manager Grade C
    Assistant General Manager Grade D
     Deputy General Manager Grade D
     General Manager Grade E
    Chief General Manager Grade F
    Executive Director –

    Attempt a mock test and evaluate your score now!

    Job Profile: IDBI Assistant Manager 2021

    Job Profile Detailed Description
    Services to Customers
    • Provide service to the customers is the primary job of the Assistant Manager.
    • Assistant Managers have to handle the queries from customers.
    • The query can be issuing a new checkbook, documents, ATM cards, open new accounts, etc.
    Financial works
    • Assistant Managers have to reach out to the customer and know their credit needs.
    • Recovery of loans from defaulters.
    • ·Assistant Managers have to make the reports and submitting them to the higher officials.
    Multitasking
    • Deal with all the tasks, such as managerial decisions.
    •  Manage cash balance
    •  Supervising clerical work.
    Handle Desk Work
    • Assistant Manager has to supervise all the desk and clerical work.
    • Assistant Managers have to manage deposits and withdrawal of cash, DD authorization.
    Creation of Business
    • Assistant Managers have to promote the banking system. They are also selling insurance, partner products. Mutual Funds.

    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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    IDBI Assistant Manager Exam Information Links
    IDBI Assistant Manager Notification IDBI Assistant Manager Selection Process
    IDBI Assistant Manager Syllabus IDBI Assistant Manager Mock Test
    IDBI Assistant Manager Exam Date IDBI Assistant Manager Video Course
    IDBI Assistant Manager Application Form IDBI Assistant Manager Study Materials
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    Sebastian Joseph

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