IDBI Executive Salary- Remuneration, Promotion, and More
IDBI Executive Salary: IDBI bank will soon conduct recruitment for Executive posts. Candidates with any Graduation degree will be eligible to apply. The selection will be on the basis of the IDBI Executive exam. Before applying for the role, you must be aware of the salary and job profile. Read this article to know about the remuneration and promotions you can get as an Executive in IDBI bank.
- The IDBI Bank Executive Salary will be based on the year of the contract.
- For the first year, the remuneration will be Rs. 29000/-
- For the second year, the remuneration will be Rs. 31000/-
- At last, for the third year, the remuneration will be Rs. 34000/-
| Recruiting body | Industrial Development Bank of India (IDBI) |
| Official website | idbibank.in/ |
| Post | IDBI Executive |
| Vacancy | To be announced |
| Salary | Rs. 29000 to Rs. 34000 |
Salary of IDBI Executive
The selection process for the IDBI Executive recruitment will include a written test and a medical test. Candidates who make it through the exam will have to take a medical test. Only medically fit candidates will be considered for the role. The job of an executive in the IDBI bank will be on a contractual basis. The remuneration will be as follows.
| Year | Remuneration per month |
|---|---|
| 1st Year | Rs. 29000 |
| 2nd Year | Rs. 31000 |
| 3rd Year | Rs. 34000 |
IDBI Executive Job Profile
Once you make it through the selection process, you will get either the post of a Customer Service Executive or a Telle Service Executive. Depending on the post, the job profile will be as follows.
| Post | Job Profile |
|---|---|
| Customer service executive | Handle the front desk Assist the assistant managers Handling of sale targets Clear suspense accounts of the bank Handle clearance of cheques Update contacts and addresses |
| Teller Service executive | Handling of the teller counter |
IDBI Executive Promotion
As mentioned above, the selected candidates will be recruited on contract basis. The term will be of one year. Following this, on the basis of the candidate’s performance, they might get an extension for up to 2 years. Once a person finishes 3 years of service, they will become eligible for the post of Assistant Manager- Grade A.
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Additional Perks of an IDBI Executive
IDBI bank executives do not get any allowances. They are not eligible for Dearness Allowance, House Rent Allowance, etc. However, as an executive at the IDBI bank, you have a great scope of career growth. There is job security as well as the availability of loans at low-interest rates.
IDBI Executive Exam Pattern
To prepare for the IDBI Executive exam, knowing the exam pattern is important. The details are as follows.
| Test | Questions | Marks | Duration |
|---|---|---|---|
| Test of Reasoning | 50 | 50 | – |
| Test of Working English Language | 50 | 50 | – |
| Test of Quantitative Aptitude | 50 | 50 | – |
| Total | 150 | 150 | 90 minutes |
Thank you for reading this article. We hope this was helpful.
IDBI Executive Salary FAQs
The salary of IDBI Executive is in the range of Rs. 29000 to Rs. 34000.
The selection process includes a written exam and a medical test.
You will be recruited for a one-year contract. However, based on your performance, there can be extensions for up to 2 years.
No, there shall be no interview.
You become eligible for the post of Assistant Manager- Grade A after completing 3 years as an executive.
