IDBI Junior Assistant Manager Salary 2024, In-hand Salary, Basic Pay, Perks

The IDBI has released the official IDBI Junior Assistant Manager Notification releasing 600 vacancies. The candidates must be anxious to know the IDBI Junior Assistant Manager Salary 2024, training period, internship period, and career growth. As per the official notification, the CTC for the post of Junior Assistant Manager can range up to Rs 6.14 Lakh to Rs 6.50 Lakh. Here in this article, the candidates will get the details of the IDBI Junior Assistant Manager Salary 2024, Salary Structure, and other details of the Probation period.

IDBI Junior Assistant Manager Salary 2024

After the selection process is over and once the applicants are selected, they will have to complete their Post Graduate Diploma in Banking and Finance (PGDBF) for one year. After that, they will have to join for the training period of 5 months for which they will be paid a stipend of Rs. 5000/-. Candidates will be recruited permanently after they complete the training and their internship period (2 months). During the internship period, they will be paid Rs.15,000/- per month.

IDBI Junior Assistant Manager Salary Structure 2024

The candidates will be first selected for a 6-month training period with a stipend of Rs. 5000/- per month and then will be promoted to 2 months of Internship Period with a stipend of Rs. 15,000/- per month.

IDBI Junior Assistant Manager Probation Period

Once the candidates are appointed as the Junior Assistant Manager, they have to be on probation for a year from the date of joining. The term of this period can be extended according to the decision of the bank. This also depends on the performance of the candidates.

Emoluments, & Career Prospects

a) On joining the Bank’s services as Grade ‘O’, compensation on a Cost to Company (CTC) basis would range between Rs.6.14 lakh to Rs.6.50 lakh per annum (Class A city) at the time of joining.
b) Annual increment shall be granted based on performance or any other parameters as decided by the Bank from time to time.
c) The appointee would be covered under the IDBI Bank Ltd. New Pension Scheme (IBLNPS) rules, 2011, as amended/modified from time to time.

IDBI Junior Assistant Manager Career Prospects

As per extant Bank’s norms (subject to amendments from time to time), Grade ‘O’ officers shall be considered for promotion to the next cadre i.e. Grade ‘A’, on completion of 3 years of service. The same would be subject to performance, availability of vacancies, any
other criteria, etc. These norms shall be as per the prevalent Bank’s Promotion Policy, as amended from time to time. The broad modalities of the selection process shall be decided by the Bank from time to time and would be at its sole discretion.

IDBI Junior Assistant Manager Salary 2024: Allowances

Along with the IDBI Junior Assistant Manager Salary 2024, the employees will also get several allowances from the bank, which have been listed below:

1. Travel Allowance
2. Visting Officer Facility
3. Halting Allowances
4. Local Conveyance Allowance
5. Subsidized Lunch Facility

Sharing is caring!