IDBI Assistant Manager Salary 2023: Industrial Development Bank of India (IDBI) conducts recruitment to select eligible candidates for the assistant manager (AM) post. The lucrative salary and the prestigious job profile attract a large number of candidates. The selected candidates are entitled to numerous perks along with the IDBI Assistant Manager salary package.
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The approximate basic pay for IDBI Assistant Manager is Rs 36,000 per month on the pay scale of Rs. 36000 – 1490 (7) – 46430 -1740 (2) – 49910 – 1990 (7) – 63840 (17 years). Check out the article to know more about the IDBI Assistant Manager salary structure, allowances and job profile.
IDBI Assistant Manager Salary Structure
Candidates who clear all the stages of the selection process will be recruited as Assistant Managers for various branches of IDBI. Check out the IDBI Assistant Manager salary details from the table below:
Along with the salary, selected candidates will also have other perks and benefits per IDBI’s norms. Following is the list of benefits and allowances for IDBI Assistant Manager:
Dearness Allowance (DA)
Accommodation Allowance
Medical Aid
Travelling Allowance
How To Practice Questions on IDBI Assistant Manager Exam?
Know the steps to practice questions on the IDBI Assistant Manager exam below:
1st Step: Visit Embibe’s official website, i.e., embibe.com.
2nd Step: Use the mobile number/email to log in.
3rd Step: Click on the menu bar “Getting a Government Job”
4th Step: Select the Goal “Banking” from the Dropdown and click on “Next”.
5th Step: Search and Select “IDBI Assistant Manager” on the search bar and click on “Next”.
6th Step: Select the preferred language and click on “Done”.
7th Step: Click “Practice” from the Header Section.
8th Step: Scroll down to the “Subjects” section.
9th Step: Click on any IDBI Assistant Manager subjects.
10th Step: Scroll down to click on the chapters from the selected subject to begin the practice.
IDBI Assistant Manager Job Profile
Following are the roles and responsibilities of an IDBI Assistant Manager:
An Assistant Manager’s tasks include monitoring clerical work, making decisions for the benefit of the bank, maintaining cash balances, and more.
Deal with customers and respond to their queries, such as document requirements, account statements, chequebooks, ATM cards, and new account openings.
Need to supervise all clerical tasks and handle all kinds of cash deposits and withdrawals.
The primary responsibilities include disbursing loans, interacting with consumers to learn about their credit needs, recovering debts from defaulters, and reporting progress to higher officials.
Responsible for creating business operations like advertising banking products and creating various products and services, such as fixed deposits, mutual funds, insurance policies, and more.
FAQs Related to IDBI Assistant Manager Salary 2023
Following are the frequently asked questions and their answer related to IDBI Assistant Manager salary 2023:
Q: What is the salary for the IDBI Assistant Manager?
A: IDBI Assistant Manager’s salary ranges from Rs. 36,000 to Rs. 63,840.
Q: Will the IDBI employees get paid during their training period?
A: Yes, the IDBI Assistant Manager will be paid Rs. 2,500 per month for the 9-month training period.
Q: What is the duration of the training period for the IDBI Assistant Manager?
A: The duration of the training period for IDBI Assistant Manager is 9 months.
Q: What are the roles and responsibilities of the IDBI Assistant Manager?
A: The IDBI Assistant Manager roles include supervising clerical work, making decisions for the bank’s benefit, maintaining cash balances, and more.
Q: What is the selection process for IDBI Assistant Manager recruitment?
A: The IDBI Assistant Manager selection process comprises of Online Test, Group Discussion and Interview.
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