Assistant manager idbi bank salary

February 24,

With the release of vacancies for IDBI Assistant Manager posts, the candidates must be anxious to know the salary to be paid, training period, internship period, and career growth. After the applicants are selected, they will have to join for the training period of 9 months for which they will be paid a stipend of Rs. Candidates will be recruited permanently after they complete the training and their internship period. During the training period, they will be paid a stipend of Rs. After finishing their classroom training they will have to go for the internship or On-the-Job training which is the Internship for 3 months.

Assistant manager idbi bank salary

During the 6 months of the training period, candidates will receive a stipend amount of Rs. For the 1 year programme, the organization has fixed the schedule to pay the fees in instalments. There are various certificate exams mandatory to cover under the PGDBF Course, the exam fees for which have to be paid additionally by the candidates. After being appointed for the post of Junior Assistant Manager, candidates will be on probation for 1 year from the date of joining. The probation period can be extended at the discretion of the bank. Upon joining the course, all selected candidates are required to sign a Service Bond committing to serve IDBI Bank for a minimum duration of 3 years excluding notice period from their date of employment. Alternatively, candidates may opt to pay a notional amount of Rs. Annual increments shall be granted based on performance or any other parameters as decided by the Bank from time to time. New Pension Scheme. As per the official notification, annual increments to IDBI Junior Assistant Managers will be granted based on their performance or any other parameters determined by the bank. Related Posts. Our Other Websites.

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This designation makes one eligible for promotion to various senior management posts in the bank like. Moreover, these pay scales are under constant revision to compensate for the inflationary pressures. Besides the salary, the facilities available to assistant manager are accommodation, reimbursement made towards leave fare concession LFC , medical expenses, telephone charges and conveyance allowance. Nature of job: On the macro level, the role of an Assistant Manager depends upon the size and scale of the branch operations. While in a small branch, the Assistant Manager has to deal with a wide range of aspects such as cash, operations, sales and third party products, where as in bigger branches they have specific roles. The major responsibilities include disbursing loans, interacting with customers of the bank and knowing their credit requirements, recovery of loans from defaulters and submitting periodical reports to higher officials on the progress made by the branch. Basically, an Assistant Manager is the face of the branch. In life nothing succeeds like success.

Assistant manager idbi bank salary

The candidates will be initially appointed on a contractual basis and promoted after 3 years on the basis of their performance. Read here for more. According to the IDBI Executive Recruitment on successful completion of a period of 3 years of contractual service, such appointees shall become eligible for appointment as Assistant Manager Grade A in the Bank through a selection process that would be conducted by the Bank.

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During the 6 months of the training period, candidates will receive a stipend amount of Rs. All rights reserved. State Govt. Following the training, there will be a 2-month internship where the stipend increases to Rs. As part of the selection process, candidates who pass successfully will undergo a specific training and internship program. Close Exams Govt. Search for:. Candidates who pass the selection process will undergo an initial 6-month training period, during which they will receive a monthly stipend of Rs. In other words, their annual income will fall within this salary range once they are confirmed in the role. All rights reserved. Rajasthan Safai Karamchari Bharti N

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According to the official notice, IDBI Junior Assistant Managers will receive their annual salary increments based on their performance or other criteria set by the bank. All rights reserved. The probation period can be extended at the discretion of the bank. Achievers 3. Upon joining the course, all selected candidates are required to sign a Service Bond committing to serve IDBI Bank for a minimum duration of 3 years excluding notice period from their date of employment. Maharashtra Police Bharti Notificat Download Adda App. During the initial 6-month training period, candidates will receive a monthly stipend of Rs. Close Exams Govt. As part of the selection process, candidates who pass successfully will undergo a specific training and internship program. During the training period, they will be paid a stipend of Rs. Our Other Websites. After being appointed for the post of Junior Assistant Manager, candidates will be on probation for 1 year from the date of joining. Upon becoming full-time Junior Assistant Managers, their annual salary will range from Rs. Newspaper Reimbursement The bank pays a fixed sum towards the expense of one paper consistently.