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IDBI Assistant Manager Salary 2024
IDBI Assistant Manager Salary 2024: The IDBI has released the notification for the Assistant Manager. With the release of 500 vacancies for IDBI Assistant Manager posts, the candidates must be anxious to know the salary to be paid, training period, internship period, and career growth. After the applicants are selected, they will have to join for the training period of 9 months for which they will be paid a stipend of Rs.2,500/-. Candidates will be recruited permanently after they complete the training and their internship period. During the training period, they will be paid a stipend of Rs. 2,500/- per month which is classroom training. After finishing their classroom training they will have to go for the internship or On-the-Job training which is the Internship for 3 months. During the internship period, they will be paid Rs.10,000/- per month. Check the article, for complete details about IDBI Assistant Manager Salary.
IDBI Assistant Manager 2024: Salary Structure
The candidates will be first selected for a 9 month training period with a stipend of Rs. 2,500/- per month and then will be promoted to 3 months of Internship Period with a stipend of Rs. 10,000/- per month. After joining the bank as IDBI Assistant Manager Grade A, the pay scale of the post is 36000-1490(7)-46430-1740(2)–49910–1990(7)-63840(17 years).
| Details | Amount |
| Training Period- 9 months | Rs. 2500/- per month |
| Internship Period- 3 months | Rs. 10,000/- per month |
| Initial Basic Pay (Full Time) | Rs. 36,000/- |
| Max. Basic Pay | Rs. 63840/- |
| Pay Scale | 36000-1490(7)-46430-1740 (2)–49910–1990(7)-63840 (17 years) |
IDBI Assistant Manager Perks and Benefits 2024
Along with the Salary, the candidates will be getting other perks and benefits as per the norms of IDBI which include DA, HRA, etc.
| IDBI Assistant Manager Perks and Benefits 2024 | |
| Dearness Allowance (DA) | Based on the Consumer Price Index (CPI) which is refurbished every quarter. The DA is around 46% of the basic salary but can either increase or decrease depending on the inflation rate. |
| Accommodation Allowance | This office is accessible instead of HRA. IDBI will give the official convenience as a rented convenience. |
| Medical Aid | IDBI pays a fixed yearly add-up to meet clinical costs. |
| Travelling Allowance | IDBI provides a fixed travelling allowance. |
| Newspaper Reimbursement | The bank pays a fixed sum towards the expense of one paper consistently. |
IDBI Assistant Manager 2024: Training Period
The candidates will be first selected for a 9 month training period after which they will be promoted to a 3-month internship program. After 1 year of training & internship, the candidates will be selected as IDBI Assistant Manager Grade ‘A’ post.
IDBI Assistant Manager 2024: Growth & Promotion
IDBI Assistant Manager posts have a wide growth and promotion. Candidates must check all the promotions which they will get in IDBI.
- IDBI Assistant Manager (Grade A)
- Manager (Grade B)
- Assistant General Manager (Grade C)
- Deputy General Manager (Grade D)
- General Manager (Grade E)
- Chief General Manager (Grade F)
- Executive Director
IDBI Assistant Manager Cut Off (Previous Year)- Click to Check
IDBI Assistant Manager Salary 2024- FAQs
Q1. What is basic pay for IDBI Assistant Manager?
Ans. The starting basic pay for IDBI Assistant Manager is Rs. 36,000/-
Q2. What is the training period for IDBI Assistant Manager?
Ans. The training period for IDBI Assistant Manager is 9 months.
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