Job Profile for IDBI Assistant Manager: With the announcement of 500 vacancies for IDBI Assistant Manager positions, candidates must be curious about the compensation, training length, internship period, and career advancement. After being chosen, the applicants would be required to participate in a 9-month training program for which they will be paid a stipend of Rs.2,500/-. Following recruiting, they will be required to take on certain job obligations delegated by the bank, such as providing credit and debit cards, dealing with administrative work, and so on. After completing their training and internship, applicants will be hired permanently. Because computer knowledge is necessary, it is vital to confirm eligibility. Applicants must complete all four stages of the screening process to be considered. This position is exclusively open to people below the age of 28. Applicants must take the test to be considered. Read the entire article to learn more about the Job profile for IDBI Assistant Manager 2022. Check out the post for more information on IDBI Assistant Manager Perks and Benefits.
Job profile for IDBI Assistant Manager 2022
The job profile of IDBI Assistant Manager positions are listed below:
- Multitasker: An Assistant Manager’s tasks include monitoring clerical work, making judgments in the best interests of the bank, keeping cash balances, etc.
- Customer service: Dealing with customers and responding to their questions is the most important task of any bank worker. It could be associated with any banking service, for example, paperwork requirements, account statements, chequebooks, ATM cards, or new account opening.
- Supervising clerical tasks: The Assistant Manager is in charge of all clerical duties. They also deal with cash withdrawals and deposits of various kinds.
- Branch-specific roles: The position of an Assistant Manager is fully determined by the scale of the branch’s operations. The Assistant Manager in a small branch is liable for a wide variety of duties such as cash, administration, sales, and so on; however, in larger branches, specific positions are assigned.
- Financial Tasks: The primary responsibilities include loan disbursement, connecting with customers to learn about their financing needs, reclaiming debts from defaulters, and progress reporting to higher officials.
- An Assistant Manager serves as the branch’s public face. They are the go-to person for all junior staff and client inquiries. The job provides them with numerous opportunities to make a meaningful and respectable contribution to society.
- Establishing a business requires activities such as advertising banking goods, developing different products and services such as insurance policies, fixed deposits, mutual funds, and so on.
- Customers’ Lending Services: Candidates chosen for the position of IDBI Assistant Manager must provide main customer service.
- Creating a Business: This includes activities such as promoting financial products, opening new accounts, selling insurance, and so on. Promoting the bank’s and its partners’ different products and services, like fixed deposits, insurance policies, mutual funds, and so on.
- ATM-Related Concerns: Queries such as LOST ATM Application, New ATM request, block ATM card online, ATM PIN request, and other related matters are occasionally answered by the Assistant Manager.
IDBI Assistant Manager Perks & Benefits 2022
Together with the salary, the applicants will receive other benefits and perks as per IDBI guidelines, such as DA, HRA, and so on.
| IDBI Assistant Manager Perks & Benefits 2022 | |
| Dearness Allowance (DA) | Every quarter, the Consumer Price Index (CPI) is revised. The DA is roughly 46% of the basic salary, but it may rise or fall depending on inflation. |
| Accommodation Allowance | This office, rather than HRA, is approachable. IDBI will supply the official convenience as a rental. |
| Medical Aid | To cover clinical expenditures, IDBI pays a yearly add-on. |
| Travelling Allowance | A specific amount of money is provided by IDBI for travel. |
| Newspaper Reimbursement | The bank contributes a specific amount toward the cost of one paper on a regular basis. |
IDBI Assistant Manager Training Period 2022
The one-year PGDBF programme for the hiring of IDBI Assistant Manager Grade A is split into two parts:
- 3 months of on the job training (internship at a bank branch).
- 9 months of classroom instruction.
IDBI Assistant Manager Career Growth and Promotion 2022
The post of Assistant Manager is a Grade A job. Following that, the employee can rise to a variety of senior management roles within the bank, including:
- Grade A: IDBI Assistant Manager
- Grade B: Manager
- Grade C: Assistant General Manager
- Grade D: Assistant General Manager
- Grade D: Deputy General Manager
- Grade E: General Manager
- Grade F: Chief General Manager
- Executive Director.
A person’s record and bank experiences will decide whether or not they are eligible for the prestigious Executive Director position before they retire.
Conclusion
For the most recent news and information regarding the IDBI Assistant Manager recruiting process, applicants should go to the official web page. Candidates should start preparing as soon as the notification is due to be released. Aspirants should also review previous question papers to get a feel for the kinds of questions that are asked during the exam. We hope this blog on the Job profile for IDBI Assistant Manager helped you get the information you needed.
Frequently Asked Questions
An Assistant manager’s tasks include monitoring clerical work, making judgments in the best interests of the bank, keeping cash balances, and so on.
Candidates are eligible for INR 2,500 per month during the 9 months of classroom training. They will be required to enrol in a 3-month internship or on the job training after completing their classroom instruction. They will be paid a monthly stipend of ten thousand rupees for the internship.
The exam will be conducted entirely online. The tests will be held in two phases: phase one will be an online test, and phase two will be an interview.
Based on work experience and educational levels, the IDBI Assistant Manager (Grade A) can be advanced to Executive Director.
At the time of hire, the minimum basic salary for IDBI Assistant Manager jobs is INR 36000, with a gross compensation of INR 60000 per month after all allowances.
I have been writing blog content for different exams for more than 3 years now. Being an aspirant myself and having closely worked with students and mentors, I know what kind of content an aspirant is looking for. Apart from writing content, I like watching movies.
Oliveboard Live Courses & Mock Test Series
