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IDBI Bank Executive Salary 2025: The Industrial Development Bank of India (IDBI) conducts recruitment for hiring Executives on a contractual basis. Furthermore, IDBI offers lucrative salaries and benefits for the post of Executive. The bank releases the salary details along with the official notification, and interested candidates can check the same online on the official website, i.e., idbibank.in.
| Attempt IDBI Bank Executive Mock Tests | |
|---|---|
| IDBI Bank Executive Mock Test-1 | IDBI Bank Executive Mock Test-2 |
| IDBI Bank Executive Mock Test-3 | IDBI Bank Executive Mock Test-4 |
*Steps to take mock tests are mentioned below in this article.
IDBI is one of the fastest-growing banks in the world with more than 20,000 employees. The bank hires Executives for an initial contract period of one year. However, the contract may be extended to three years depending on candidates’ performance and other criteria. The fixed salary of an IDBI Executive is Rs. 29,000 per month for the first year. Furthermore, as the post is contractual in nature, Executives are not eligible for allowances such as DA, HRA, etc. Read on to find out more.
As mentioned earlier, the IDBI Bank Executive will be hired for a period of one year. Furthermore, the bank may further extend the contract on a year-to-year basis for a period of two years. The extension of the contract is purely based on candidates’ satisfactory performance, completion of assigned mandatory e-certifications, availability of vacancies at the relevant point in time, and any other criteria.
Candidates should note that as the post is on a contractual basis, the bank has fixed the salary of an Executive. Aspirants interested to apply for the post can check the detailed lump sum/ fixed salary of an Executive below:
After selection as IDBI Executive, a candidate can be offered any one of the following two job profiles:
| Job Profile | Job Responsibilities |
|---|---|
| Customer Service Executive (CSE) | Aspirants will have to handle the front desk. A CSE has to deal with operations such as carrying out all non-financial requests, like contact details updating, sol change, cheque clearance, transfer of funds, clearing of bank suspense accounts at EOD, etc. This Job profile also includes the work of assisting the Assistant Manager. |
| Teller Service Executive (TSE) | A teller service executive has the job responsibilities same as a Bank Cashier. The candidate is responsible for handling the Teller counter. |
Candidates can follow the steps mentioned below to take mock tests on the IDBI Bank Executive exam:
On successful completion of three years of contractual service, an IDBI Bank Executive is eligible for Assistant Manager (Grade A) post. However, to get an appointment as an Assistant Manager, they have to go through a selection process conducted by IDBI. Furthermore, the appointment also depends on the availability of vacancies at the relevant point in time.
The bank appoints Executives purely on a contractual basis. Thus, appointees are not entitled to draw any
allowances such as DA, HRA, etc. Furthermore, they are also not entitled to get gratuity and provident funds. However, there are certain benefits that an Executive can avail of. The following are the benefits that candidates will get after joining as an IDBI Bank Executive:
Also, check:
Candidates can find some commonly asked questions related to the IDBI Executive salary structure and their answers below:
Ans: The IDBI Bank Executive gets a fixed lump sum remuneration of Rs. 29,000 per month in the first year.
Ans: The fixed remuneration of Executives in the second and third years is Rs. 31,000 and Rs. 34,000 per month.
Ans: No. The bank hires IDBI Bank Executives on a contractual basis for a period of one year. However, the contract may be extended up to three years depending on the performance and other criteria.
Ans: Yes. On successful completion of three years of service, Executives are eligible to apply for Assistant Manager (Grade A) posts.
Ans: No. As the post is purely contractual basis, IDBI Bank Executives are not entitled to get allowances such as HRA, DA, etc.
We hope this article on the IDBI Bank Executive Salary 2025 is helpful. In case of any queries, check our website or download our app. Stay tuned to embibe.com for the latest news and updates.
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