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 bodyIndustrial Development Bank of India (IDBI)
PostIDBI Executive
VacancyTo be announced
SalaryRs. 29000 to Rs. 34000
IDBI Executive recruitment

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 YearRs. 29000
2nd YearRs. 31000
3rd YearRs. 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.

PostJob Profile
Customer service executiveHandle 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 executiveHandling 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 of Reasoning5050
Test of Working English Language5050
Test of Quantitative Aptitude5050
Total15015090 minutes

Thank you for reading this article. We hope this was helpful.

IDBI Executive Salary FAQs

What is the IDBI Bank Executive Salary?

The salary of IDBI Executive is in the range of Rs. 29000 to Rs. 34000.

What is the IDBI Executive recruitment process?

The selection process includes a written exam and a medical test. 

What is the term of the contract for the IDBI Executive post?

You will be recruited for a one-year contract. However, based on your performance, there can be extensions for up to 2 years.

Will there be any interviews for the IDBI Executive recruitment?

No, there shall be no interview.

For which post do I become eligible after completing 3 years as an executive?

You become eligible for the post of Assistant Manager- Grade A after completing 3 years as an executive.