IDBI Executive Salary 2024, Check Job Profile and Allowances

The IDBI Executive Salary 2024 structure offers a clear understanding of the pay scale, job profile and employment conditions for aspirants considering a career with IDBI Bank. The IDBI has released the notification for the 1000 vacant executive posts. This position provides an attractive initial monthly salary of ₹29,000 per month. In addition to the salary, candidates gain practical exposure to banking operations, providing an invaluable foundation for a banking career.

IDBI Executive Salary

IDBI Executive Salary will be mentioned in the official notification of IDBI Recruitment 2024. The salary is handsome with a consolidated remuneration of Rs. 29,000/- in the first year and Rs. 31,000/- per month in the second year. The salary related to the job will increase with the passing years. Here you can get all the information on IDBI Executive Salary 2024 along with its benefits and allowances.

IDBI Executive Salary 2024: Overview

Here is a brief overview of IDBI Executive salary 2024 for the candidates. Aspirants who are willing to apply for the post of IDBI Executive should check the complete details related to IDBI Executive Salary 2024 below.

IDBI Executive Salary Structure 2024

Based on the IDBI Executive Recruitment 2024, individuals who complete a 3-year contractual service will become eligible for appointment as IDBI Executive in the Bank. In the 1st year of employment, the candidate will be getting Rs. 29,000/-. On the other hand, in the 2nd year of employment candidates will be getting Rs. 31,000/-. The selection process for this appointment will be conducted by the Bank. During the contractual period, Executives will receive a fixed remuneration in the form of a lump sum payment as outlined below under the IDBI Executive Salary Structure 2024.

IDBI Executive Salary 2024: Contractual Period

The appointment of the Executive will be initially on a contractual basis for the first year. Subsequently, the appointment will be reviewed annually, taking into account the candidate’s performance, completion of mandatory e-certifications, and the availability of vacancies at that time. Upon completion of 3 years of contractual service in the Executive role, candidates will have the opportunity to be appointed to the position and will be awarded a great IDBI Executive Salary 2024.

IDBI Executive Salary 2024: Allowances and Benefits

It is important for candidates to note that while the IDBI Executive role offers a competitive salary, it does NOT include allowances or additional benefits. Selected candidates will not be eligible for superannuation benefits, gratuity, provident fund, or any other similar benefits. This allows the bank to focus on competitive base compensation, while executives gain hands-on experience without further entitlements.

IDBI Executive 2024 Job Profile and Promotion

IDBI Executive Job Profile and Promotion delivers a vast opportunity to the students. Candidates must check all the promotions that they will get in IDBI.

• IDBI Executive
• IDBI Assistant Manager (Grade A)
• Manager (Grade B)
• Assistant General Manager (Grade C)
• Deputy General Manager (Grade D)
• General Manager (Grade E)
• Chief General Manager (Grade F)
• Executive Director.