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IDBI Assistant Manager Salary 2022

About IDBI Assistant Manager

The Industrial Development Bank of India (IDBI) has posted 500 job openings for IDBI Assistant Managers. Candidates would be required to participate for a period of nine (09) months after being selected, for which they will be paid a stipend of 2500 rupees. After completing the training and internship term, candidates will be hired on a permanent basis. Following their hiring, they will be required to carry on specific job obligations that the bank has delegated to them, such as providing credit and debit cards, dealing with administrative tasks, and so on. Let's start by going over all of the crucial dates for the IDBI Assistant Manager recruiting in 2022.

IDBI Bank Assistant Manager 2022- Important Dates

ParticularsImportant Dates
Online Application Start Date03 June 2022 
Last Date To Apply Online17 June 2022
Date of Online Test23 July 2022

IDBI Bank Assistant Manager Salary 2022 – Course Stipend

The 1 year IDBI Asst. Manager Recruitment is divided into 2 parts -:

  • 9 Months of Classroom Training
  • 3 Months On-Job Training (Internship at Bank Branch)

During Both these phases, Candidates will receive different Monthly Stipend. Following are the details -:

Classroom Training Stipend

Candidates will be required to undergo a 9-month training programme after being shortlisted. They would be paid a stipend of Rs. 2,500/- per month for classroom training during the training duration.

On-Job Training (Internship) Stipend

After the classroom training, the candidates will have to go for the internship for a period of 3 months. During the internship period, they will be paid Rs.10,000/- per month.

IDBI Assistant Manager Salary Structure

Candidates will be chosen for a 9-month training term with a monthly stipend of Rs. 2,500/- and then advanced to a 3-month internship period with a monthly payment of Rs. 10,000/-. The salary scale for IDBI Assistant Manager Grade A is 36000-1490(7)-46430-1740(2)–49910–1990(7)–63840 after entering the bank as an IDBI Assistant Manager Grade A. (17 years).

DetailsAmount
Training Period- 9 monthsRs. 2500/- per month
Internship Period- 3 monthsRs. 10,000/- per month
Initial Basic Pay (Full Time)Rs. 36,000/-
Max. Basic PayRs. 63840/-
Pay Scale36000-1490(7)-46430-1740 (2)–49910–1990(7)-63840 (17 years)

IDBI Bank Assistant Manager Salary 2022 – Allowances

Following is the list of Allowances which an IDBI Assistant Manager gets along with his Basic Salary -:

  • Accommodation Allowance (HRA): IDBI will provide rental convenience to the employees.
  • Medical Aid: IDBI provides a fixed yearly add-up to meet clinical costs.
  • Traveling Allowance: IDBI provides a fixed traveling allowance for the employees.
  • Pension fund: PF facility is being provided by the bank to its employees.
  • Newspaper Allowance: A fixed sum towards the expense of one paper is paid by the Bank to its employee.

Conclusion

That is all from us in this blog on IDBI Assistant Manager Salary during and after the training. Keep checking this space for all Bank Exam updates, Study Materials, and Mock Tests. With that knowledge in hand, you can prepare accordingly for the Written Examination. If you are well prepared, cracking the examination should not be a problem. All the best!

 

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FAQs

What is the date of the online exam of IDBI Assistant Manager Exam 2022?

The IDBI Assistant Manager online exam date is 23 July 2022.

What is the application fee for IDBI Assistant Manager 2022? +

The application fee for IDBI Assistant Manager 2022 is Rs.1000 for unreserved and EWS and Rs.200 for SC/ST/OBC categories.

Can I request to change my exam centre for the online exam? +

No. Change of exam centre is not allowed for any reason.

How many vacancies are there for the Assistant Manager post in IDBI Bank? +

500 vacancies are there for the Assistant Manager post in IDBI Bank.

What are the various heads under which I must check for IDBI Assistant Manager Eligibility Criteria? +

The heads you must check under are Nationality, Age, Educational Qualification, and Need for Scribe.

When will the Application Process for IDBI Assistant Manager start? +

The Application Process for IDBI Assistant Manager will start on 3rd June 2022.

When is the last date for applying online for IDBI Assistant Manager exam 2022? +

The last date for applying online for IDBI Assistant Manager exam 2022 is 17th June 2022.

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