• Written By dhiyana
  • Last Modified 10-02-2023

IDBI Assistant Manager Salary 2023: Check Salary & Job Profile

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IDBI Assistant Manager Salary 2023: Industrial Development Bank of India (IDBI) conducts recruitment to select eligible candidates for the assistant manager (AM) post. The lucrative salary and the prestigious job profile attract a large number of candidates. The selected candidates are entitled to numerous perks along with the IDBI Assistant Manager salary package.

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The approximate basic pay for IDBI Assistant Manager is Rs 36,000 per month on the pay scale of Rs. 36000 – 1490 (7) – 46430 -1740 (2) – 49910 – 1990 (7) – 63840 (17 years). Check out the article to know more about the IDBI Assistant Manager salary structure, allowances and job profile.

IDBI Assistant Manager Salary Structure

Candidates who clear all the stages of the selection process will be recruited as Assistant Managers for various branches of IDBI. Check out the IDBI Assistant Manager salary details from the table below:

DetailsAmount
Training Period- 9 monthsRs. 2500
Internship Period- 3 monthsRs. 10000
Initial Basic Pay (Full Time)Rs. 36000
Max. Basic PayRs. 63840
Pay Scale36000-1490(7)-46430-1740 (2)–49910–1990(7)-63840 (17 years)

IDBI Assistant Manager Perks and Benefits

Along with the salary, selected candidates will also have other perks and benefits per IDBI’s norms. Following is the list of benefits and allowances for IDBI Assistant Manager:

  • Dearness Allowance (DA)
  • Accommodation Allowance
  • Medical Aid
  • Travelling Allowance

How To Practice Questions on IDBI Assistant Manager Exam?

Know the steps to practice questions on the IDBI Assistant Manager exam below:

  • 1st Step: Visit Embibe’s official website, i.e., embibe.com.
  • 2nd Step: Use the mobile number/email to log in.
  • 3rd Step: Click on the menu bar “Getting a Government Job” 
  • 4th Step: Select the Goal “Banking” from the Dropdown and click on “Next”.
  • 5th Step: Search and Select “IDBI Assistant Manager” on the search bar and click on “Next”.
  • 6th Step: Select the preferred language and click on “Done”.
  • 7th Step: Click “Practice” from the Header Section.
  • 8th Step: Scroll down to the “Subjects” section.
  • 9th Step: Click on any IDBI Assistant Manager subjects.
  • 10th Step: Scroll down to click on the chapters from the selected subject to begin the practice.

IDBI Assistant Manager Job Profile

Following are the roles and responsibilities of an IDBI Assistant Manager:

  • An Assistant Manager’s tasks include monitoring clerical work, making decisions for the benefit of the bank, maintaining cash balances, and more.
  • Deal with customers and respond to their queries, such as document requirements, account statements, chequebooks, ATM cards, and new account openings.
  • Need to supervise all clerical tasks and handle all kinds of cash deposits and withdrawals.
  • The primary responsibilities include disbursing loans, interacting with consumers to learn about their credit needs, recovering debts from defaulters, and reporting progress to higher officials.
  • Responsible for creating business operations like advertising banking products and creating various products and services, such as fixed deposits, mutual funds, insurance policies, and more.

Following are the frequently asked questions and their answer related to IDBI Assistant Manager salary 2023:

Q: What is the salary for the IDBI Assistant Manager?

A: IDBI Assistant Manager’s salary ranges from Rs. 36,000 to Rs. 63,840.

Q: Will the IDBI employees get paid during their training period?

A: Yes, the IDBI Assistant Manager will be paid Rs. 2,500 per month for the 9-month training period.

Q: What is the duration of the training period for the IDBI Assistant Manager?

A: The duration of the training period for IDBI Assistant Manager is 9 months.

Q: What are the roles and responsibilities of the IDBI Assistant Manager?

A: The IDBI Assistant Manager roles include supervising clerical work, making decisions for the bank’s benefit, maintaining cash balances, and more.

Q: What is the selection process for IDBI Assistant Manager recruitment?

A: The IDBI Assistant Manager selection process comprises of Online Test, Group Discussion and Interview.

Also, check:

IDBI Assistant Manager Detailed InfoIDBI Assistant Manager Books
IDBI Assistant Manager Mock TestsIDBI Assistant Manager Study Material
IDBI Assistant Manager Question PapersIDBI Assistant Manager Cut Off

We hope this article on the IDBI Assistant Manager Salary 2023 is helpful. In case of any queries, check our website or download our app. Stay tuned to embibe.com for the latest news and updates on IDBI Assistant Manager 2023.

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