Job profile for IDBI Executive | All Details 2022

Job profile for IDBI Executive: The Industrial Development Bank of India has released a notification to fill in the Executive vacancies. The notification is available on the bank’s official website and was uploaded on 1st June 2022. The applications will start on the 3rd and June and close on 17th of June 2022. The bank is expected to conduct the examination on 9th July 2022. Eligible candidates can apply online through the official website. This article contains the Job profile for IDBI Executive, the salary structure, allowances and perks, opportunities for career growth, and other relevant information. 

Job Profile for IDBI Executive

The shortlisted candidates are given one of the two CSE profiles- Customer Service Executive or the TSE- Teller Service Executive.

CSE- Customer Service Executive

The customer service executive has to manage the front desk. His responsibilities also include achieving sales targets, helping the Asst. managers. They also have to work on clearing cheques, contacting updating, and clearing the suspense accounts at the end of the day. 

TSE- Teller Service Executive

The Teller service executive manages the teller counter. Their job profile is similar to that of a bank cashier.

IDBI Executive officer Job Details

• The job of the Bank Executive officer of IDBI at the entry-level is contractual. 
• The contract is usually made for a period of 1 year.
• In case the candidate works well and shows promise the contract may be renewed for two more years on a year-to-year basis. 
• The performance of the executive is reviewed after each year.
• After three years contractual period is over, the Executive officer’s performance is evaluated, and he might be given the post of Asst. Manager. This promotion is achieved by clearing an internal exam. Sometimes such selections are made through some other process in the IDBI Bank. 
• The performance of the past three years and the appraisal report too influence the promotion.

IDBI Executive Salary Structure and Pay Scale

The IDBI Executive salary details are as follows:

Year of Employment	Salary Amount
1st Year of Employment	Rs.29,000/- per month
2nd Year of Employment	Rs.31,000/- per month
3rd Year of Employment	Rs.34,000/- per month

For the three years of service, the Executive officer receives a consolidated salary. Basic pay, Grade pay, DA, and HRA are not paid during this period. After one year of contractual service, the salary is increased by Rs.2,000/- per month, whereas after two years of service, it is increased by Rs.3.000/-. During this period, the executive is not allowed any superannuation and terminal benefits. He/ she is not eligible for any gratuity, and PF (provident funds) benefits too. 

IDBI Executive officer: Additional Benefits

• Scope for individual growth
• Convenient working hours
• Good travelling
• Substantial number of leaves
• Job Security
• Good Pay Scale
• low-interest loan facility
• Job Satisfaction
• Reimbursement of medical expenditure
• Good after retirement benefits
• Opportunities for promotion
• Additional compensation for procuring, education, and journey.

DBI Executive Career Growth

• The performance of the executive is reviewed every year. this shows that the job depends on the performance of the individual, and they have to keep trying hard and performing well to stay in place. 
• After completion of the 3 years, the executive’s performance is reviewed again. If found to be satisfactory, they are promoted to the post of Asst. Manager. This will happen after clearing an internal examination or any other selection process adopted by the bank. 

Conclusion

We hope this article has been successful in providing the information you needed. The details of the Job profile for IDBI Executive are mentioned here clearly. The article gives you a lucid picture of the responsibilities attached to the post and also the returns. Since the exam is in July, you must start preparing earnestly. Download the syllabus. Go through it carefully. Buy the relevant books. Retain the information. Also, revise regularly. Prepare well and maintain a positive attitude. Give it your 100 per cent. You will certainly succeed.

FAQs: Frequently Asked Question:

Question: What is the salary received by an IDBI Executive officer?
Answer: The IDBI Executive salary details are as follows:

• 1st year of employment – Rs.29,000/- per month
• 2nd year of employment – Rs.31,000/- per month
• 3rd year of employment – Rs.34,000/- per month

For the three years of service, the Executive officer receives a consolidated salary. Basic pay, Grade pay, DA, and HRA are not paid during this period. After one year of contractual service, the salary is increased by Rs.2,000/- per month, whereas after two years of service, it is increased by Rs.3.000/-. During this period, the executive is not allowed any superannuation and terminal benefits. They are not eligible for any gratuity and PF (provident funds) benefits too. 

Question: What is the Job profile for IDBI Executive?
Answer: The shortlisted candidates are given one of the two profiles of either the CSE- Customer Service Executive or the TSE- Teller Service Executive.

CSE- Customer Service Executive

The customer service executive has to manage the front desk. His responsibilities also include achieving sales targets, helping the Asst. managers. They also have to work on clearing cheques, contacting updating, and clearing the suspense accounts at the end of the day. 

TSE- Teller Service Executive

The Teller service executive manages the teller counter. His job profile is similar to that of a bank cashier.

Question: What are the career growth opportunities for an IDBI Executive?
Answer: The performance of the executive is reviewed every year. this shows that the job depends on the performance of the individual, and they have to keep trying hard and performing well to stay in place. After completion of the 3 years, the executive’s performance is reviewed again. If found to be satisfactory, they are promoted to the post of Asst. Manager. This will happen after clearing an internal examination or any other selection process adopted by the bank. 

Question: What are the additional benefits provided to an IDBI Executive officer?
Answer: The additional benefits are:

• Scope for individual growth
• Convenient working hours
• Good traveling
• Substantial number of leaves
• Job Security
• Good Pay Scale
• low-interest loan facility
• Job Satisfaction
• Reimbursement of medical expenditure
• Good after retirement benefits
• Opportunities for promotion
• Additional compensation for procuring, education, and journey.