IDBI Executive Salary

By Reena Pal | Updated on: Jun 02, 2022

Salary

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After the selection, you will be appointed as the Executive on a contractual basis. The contract would be initially for a period of 1 year and this may be extended for a further period of 2 years, based on the performance. On successful completion of a period of 3 years of contractual service, you may become eligible for appointment as Assistant Manager (Grade A) in IDBI Bank through a selection process. Further details on the IDBI Executive salary 2022 is given below.

PostSalary
IDBI Executive
  • Ist Year - Rs 29,000/- per month
  • IInd Year -  Rs 31,000/- per month
  • IIIrd Year - Rs 34,000/- per month

Note: IDBI Executive is not entitled to any benefits/allowances such as Dearness Allowance, House Rent Allowance, PF or any gratuity. However, you will be covered under the IDBI Bank Ltd. New Pension Scheme (IBLNPS).  

Job Profile

During the contractual period, you can be posted at any branch or office of the Bank as per requirement. In case, you get appointed as a permanent employee in future by clearing the exam conducted by the Bank, your contractual period of service would not be counted for any superannuation/ terminal benefits.

The responsibilities and roles that an IDBI Executive will perform are as follows-

  • Teller Service Executive: You will be required to handle the cash counter.
  • Customer Service Executive: This job involves interacting with the customers, at the front desk. He/ she may also have to handle tasks related to cheque clearance, updating data, clearing bank accounts, helping the Assistant Manager, achieving sales targets etc.

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FAQs

You will be appointed as the Executive on a contractual basis. The contract would be initially for a period of 1 year and this may be reviewed for extension on a year-to-year basis for a further period of 2 years, based on the performance.
You will be appointed as the Executive will be on a contractual basis. You will be paid a lump sum amount of Rs.29,000/- per month in the first year, Rs.31,000/- per month in the second year and Rs.34,000/- per month in the third year of service.

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