IDBI Assistant Manager Salary | In Hand Salary, Pay Scale, Basic Pay, Career Growth: Industrial Development Bank of India recruits IDBI Assistant Manager, all the interested candidates will be attracted to the salary the job holds. IDBI Assistant Manager Salary has some additional perks including the salary which will be paid by the Industrial Development Bank of India. Being the IDBI Assistant Manager has not only a respectful life but also many beneficial points for this job. IDBI makes a way to grow with many opportunities and a bright future. Let us know the beneficial points for the IDBI Assistant Manager Salary in this article. In this article, we have provided the IDBI Assistant Manager Salary, job profile, and career growth. Clear all your worries in the read the article
IDBI Assistant Manager Salary
Once the notification has been released from the higher authorities of IDBI for IDBI Bank Assistant Manager, immediately candidates look for the job profile with salary. All the eligible candidates are to understand the role of the job and its pay. According to that, candidates can prepare. Here in this article, we have given the pay scale and job profile of the IDBI Bank Assistant Manager. Before starting your preparation, candidates are asked to check all the notifications given on the official website.
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IDBI Assistant Manager Salary – Stipend (Training Period)
Candidates who have been selected for IDBI Assistant Manager need to under a training period. The first year of their joining will be divided into two:
- The first nine months are the classroom instructions
- Next, three months are for job training. This will consider an internship in which the employee needs to work at a bank branch
Stipend During Training
- In all nine months, candidates will get Rs.2,500/- per month
- In their internship, they will get Rs.10,000/- per month
IDBI Assistant Manager Salary Structure
To have a clear understanding of the pay structure for the IDBI Assistant Manager, we have given a table given below. Have a glimpse of it:
| IDBI Bank Assistant Manager Salary Structure | |
| 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 Salary – Job Profile
Before you apply for IDBI Bank Assistant Manager, it is a must to know about the job roles offered by the IDBI. In this section, we have provided some of the roles of IDBI Bank Assistant Manager. Check them out:
- Handling clerical jobs: All clerical work is supervised by the Assistant Manager. They manage all types of deposits and withdrawals of cash.
- Multitasker: Assistant managers are supposed to manage all the tasks like making decisions, supervising the clerical work, managing cash balance and etc
- Customer services: The first role of the Assistant Manager is to handle the customers and clear all their doubts. It might be related to any of the details like documents, account statements and etc.
- Branch-specific roles: It is based on the scale of the branch operation. In any branch, there are certain tasks that need to be accomplished by the Assistant Manager.
- ATM Related Solutions: Sometimes enquires on lost ATM applications, new ATM requests, ATM pin no, and other tasks are solved by the Assistant Manager.
- Creating Business: Works like promoting banking products, New Account opening, selling Insurance, etc. And also promotes different products and services of the bank and its partners such as fixed deposits, mutual funds, insurance policies, etc.
- One-stop Solution: An Assistant Manager needs to do many tasks and he/she is the one to handle all the junior employees and customers in a one-stop solution.
- Financial Tasks: Main goals like recovery of loans from defaulters, talking with the customers knowing their credit requirements, and submitting reports to the officials.
DBI Assistant Manager Perks and Benefits
| DBI Assistant Manager Perks and Benefits | |
| 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 traveling allowance. |
| Newspaper Reimbursement | The bank pays a fixed sum towards the expense of one paper consistently. |
IDBI Assistant Manager Career Growth
IDBI Assistant Manager Career Growth will be based upon the performance and the track record in the bank. The following list is about the Career Growth of IDBI Assistant Manager:
- IDBI Assistant Manager (Grade A)
- Manager (Grade B)
- Assistant General Manager (Grade C)
- Assistant General Manager (Grade D)
- Deputy General Manager (Grade D)
- General Manager (Grade E)
- Chief General Manager (Grade F)
- Executive Director
To conclude, We believe that the IDBI Assistant Manager Salary article has cleared all your confusion. Make use of the time aptly and start up your preparation. To know other details and information stay tuned to our website www.freshersnow.com.