IDBI Executive Job Profile 2021

One of the major reasons for aspirants to choose IDBI Executive as a career option is due to the elite job profile and exciting salary package. The Industrial Development Bank Of India is conducting the recruitment drive to select candidates for the post of IDBI Executives. Official notification for the same was put out on August 04, 2021. Since this is highly sought-after recruitment, in this article we are providing the job responsibilities of IDBI Executives, IDBI Executive Job Profile 2021.

Read the article without fail to know about IDBI Executive lifestyle, IDBI executive salary structure, how to become IDBI Executive, and more.

Attempt free banking exam quizzes with entri!

IDBI Executive Job Profile 2021 – Roles and Responsibilities

Two major job profiles allocated for the candidates under the post of Industrial Development Bank Of India executives are customer service executive and teller service executive. Now we will see in detail regarding these two job profiles. Candidates can also check IDBI Executive Exam date and IDBI Executive Admit card 2021 over here.

Teller Service Executive

• The responsibilities of a teller service executive is similar to that of a bank cashier
• Main responsibility of candidates coming under this job profile is handling the teller counter

Customer Service Executive

• Customer service executives (CSE) of the Industrial Development Bank of India will have to handle the front desk
• Duties that a customer service executive will have to handle are clearance of cheques, updating contact details or change in addresses of the customers, clearing bank suspense accounts every day etc.
• Another duty of customer service executives includes assisting of assistant managers
• Candidates under the post of customer service executives will also have to attain sales targets

Subscribe to entri for banking exam notifications!

IDBI Executives Contractual Period

Selection of candidates for the post of Industrial Development Bank Of India Executive will be contractual in nature. Initially, the period of the contract will be for one year. Contract renewal will take place from year to year depending on the performance of the candidates. Hence it is extremely important that candidates perform really well in order to retain the post. 

After a three-year time period if the performance of the candidates is good then there are high chances of promotion. IDBI Executives will get a promotion to the post of assistant manager after a period of 3 years, purely dependent on a performance basis. 

How to become an IDBI Executive

In order to become an IDBI Executive candidates will have to appear for the IDBI Executive exam. This exam is conducted by the Industrial Development Bank Of India. All those candidates after completing the eligibility criteria can apply for IDBI Executive Recruitment 2021. This year the examination date for IDBI Recruitment 2021 is September 05, 2021. 

Selection process for the IDBI Executive exam includes only a single stage. That is, candidates will have to appear for an online test. After which there will be a document verification round and a medical test. For more information regarding eligibility, selection process, etc aspirants can refer to the official notification given below.

Click here to download IDBI Executive Recruitment 2021 official notification!

IDBI Recruitment 2021 – Major Highlights

IDBI Executive Salary Structure 2021

During the initial years, the job profile of an IDBI executive is contractual in nature. This will be the case probably for the initial three years. Since this is a contractual post the IDBI executive salary varies from year to year.

• In the first year of the contractual period, the salary of the IDBI Executive is Rs 29000 per month
• For the second year, the Industrial Development Bank Of India Executive will be eligible for a salary of Rs 31000 monthly
• During the final year of the contractual period which is the third year, the employee will have an in-hand monthly salary of Rs 34000 monthly.

NOTE:

All the candidates should also note that this is a job on a contract basis. Hence IDBI executives are not eligible for any other allowances other than the salary. Dearness allowance, housing rent allowances, or any such allowance will not be given for candidates under this post. They will also not be able to get provident funds or gratuity. For a period of three years, they won’t be receiving any terminal benefits or superannuation. 

Candidates can also check IDBI Executive Previous question papers here to aid your IDBI Executive exam preparation.

IDBI Executive Career Growth

The role of the Industrial Development Bank Of India Executive is purely a performance-oriented one. After every year there will be a performance check. At the end of the third year, IDBI executives can get a promotion to the role of assistant manager. For this, they might have to undergo an internal test or any other selection process by IDBI. Your performance appraisal report has a very crucial role in your promotion and career growth. 

Take IDBI Executive mock tests with entri!

We hope this article on IDBI Executive Job Profile 2021 was helpful to you. For more details regarding the IDBI Executive exam 2021 subscribe and stay tuned to entri.