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IDBI Bank Executive Salary 2022 - Check here!

The Industrial Development Bank of India is one of the world's fastest-growing banks, with more than 20,000 workers. Employees at IDBI Bank have a terrific experience and a promising future. IDBI has issued an announcement for the hiring of IDBI Executives. Candidates for the position will be hired on a contractual basis, with an initial contract length of one year. Depending on the candidate's success, the contract might be extended to three years. Such appointees may become eligible for employment as Assistant Manager (Grade A) at IDBI Bank after completing a three-year contractual service tenure through a screening procedure conducted by IDBI Bank.

IDBI Bank Executive Exam 2022- Important Dates

Important dates for the IDBI Bank Executive Exam are:

EventsDates
IDBI Executive 2022 Notification Release Date01 June 2022
IDBI Executive 2022 Online Application Form Starts03 June 2022
Last Date to Apply Online for IDBI ExecutiveJune 17, 2022
Closure for editing application detailsJune 17, 2022
Last date for online fee paymentJune 17, 2022
Last date for printing your applicationJune 17, 2022
Downloads IDBI Executive admit card 202210-15 days prior to the exam date
IDBI Executive Exam Date 2022To be Notified
IDBI Executive Result 2022To be Notified

IDBI Bank Executive Salary Structure:

Let us have a look at the salary details of IDBI Executive with complete In-hand Salary, Structure, Perks, and Allowances. The selection of IDBI executives is done on the basis of an online test. The candidate must qualify the exam in order to get to the document verification round.

The salary structure is given as follows. It is different for each of the three years in the contractual period.

Consolidated Remuneration in first yearRs.29,000/- per month
Consolidated Remuneration in second yearRs.31,000/- per month
Consolidated Remuneration in third yearRs.34,000/- per month

Note: These executives shall not be entitled to draw any allowances such as DA, HRA,  etc.

Important Points to Note (After 3 Years)

  • The appointment of Executive will be on contractual basis.
  • The contract would be initially for a period of 1 year and this may be reviewed for extension on year-to-year basis for a further period of 2 years, subject to satisfactory performance, completion of assigned mandatory e-learning certifications and availability of vacancies.
  • On successful completion of a period of 3 years of contractual service, such appointees may become eligible for appointment as Assistant Manager (Grade A‟) in IDBI Bank through a selection process that would be conducted by IDBI Bank.

Job Description for an Executive at IDBI Bank

A candidate might be offered one of two job profiles after being selected as an executive at IDBI Bank:

1) Customer service executive (CSE) - The front desk is the responsibility of a customer service executive. Customer Service Executives are responsible for activities such as check clearing, updating contact/address information, clearing bank suspense accounts, and so on. CSE is also responsible for assisting the bank's Assistant Manager.

2) Teller Service Executive (TSE) - A teller service executive works in the same capacity as a bank cashier. He or she is in charge of the teller's counter.

IDBI Executive – Post Training Perks

Apart from the salary, here are some other benefits

Other perks include:

  • Scope for Individual Growth
  • Comfortable working hours
  • Promotion chances
  • Further employment after three years of service.

The Selection Process for IDBI Executives

The IDBI Bank Executive recruiting procedure will consist of two stages: an online exam and a pre-recruitment medical test. Applicants who pass both the online test and the pre-recruitment medical exam will be eligible for the final shortlist.

The final decision or offer of employment would be based on the applicant's performance in the online exam, medical fitness, and compliance with all other qualifying conditions outlined in the advertising.

Conclusion

In this article, we have looked into the details of the IDBI Bank Executive Exam 2022 such as salary structure, job profile. We hope this article has helped in clearing the doubts of the candidates appearing for the IDBI Bank Executive Exam 2022.

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FAQs

What is the total marks and duration of the online test?

Total mark for the exam is 150 and the test is of 90 min duration.

What is the last date for filling the online applications for executives on contract? +

As per the details on the company’s website, the last day for filling the online applications for executives on the contract is 17 June 2022.

Is there any negative marking for the wrong answer? +

Yes, there is a penalty of 1/4 or 0.25 for each wrong answer.

What is the total number of vacancies for IDBI Executive Exam 2022? +

There is a total of 1044 vaccines for the IDBI Executive Exam 2022.

What is the age limit for the IDBI Bank Executive Exam? +

The minimum & maximum age limit for the IDBI Bank Executive recruitment exam are as follows:
Minimum Age – 20 years
Maximum Age – 25 years

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