IDBI Executive Salary and Pay Scale

By | February 6, 2018

IDBI Executive Salary and Pay Scale

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IDBI Executive Salary and Pay Scale : Hello friends, IDBI Executive Recruitment notification is released. This year IDBI bank is recruiting for total 760 executive post. If you are willing to get job in bank this this might be best chance for you to get selected in IDBI bank as a executive. Interested candidates must check all recruitment process details before applying. In this article we are discussing about IDBI Executive Salary and Pay Scale. This recruitment will be contractual basis but candidate can get selected permanently after contract.

In this article you will get recruitment details like vacancy, Eligibility, Exam pattern, syllabus, selection process etc. Every year IDBI banks conduct recruitment for probationary officers, clerk and executives. IDBI is one of th public sector nationalize bank. Central government is owner of this bank and there fore employees of this bank is called as Central government Staff. So this is very good chance to get job as a central employees. IDBI Executive Salary and Pay scale is very good as this bank is owned by central government. Below we have discussed recruitment details and Salary details.

IDBI Executive Recruitment Details

There are total 760 vacancies for IDBI Executive. Category wise distribution ( SC-122, ST-56, OBC-102, VH-13, OH- 8, HH-56, MD-07). Age limit is between 20-25 years as on 1-01-2018. Candidates must be any graduate from government recognized Institute. This is contractual base recruitment. There fore candidate wants know about IDBI Executive Salary and Pay Scale. Also they are curious to whether they will get permanent job after completion of contract period.

Interested candidate must apply online before 28-02-2018. Selection of candidate only based on prformance in online test which is for 150 marks. Check Syllabus of IDBI Executive Here.  QUestions will be asked on Reasoning, English Language and Quantitative Aptitude.

IDBI Executive Salary and Pay Scale

This IDBI Executive Post will be contractual basis. This contract initially for 1 year and may extended for 2 year more. So in official notification IDBI Executive Salary and Pay scale is given as below.

First year – 17000 per month fixed salary. 

Second Year – 18500 per month

Third Year – 20000 per month 

So for first three year your in hand salary is fixed of certain amount. No basic pay, DA, HRA and grade pay will be given. Your salary for 3 contractual year will be increase 1500 per year.

What after IDBI Executive Contractual Period is Over ? Will you get Permanent Job ?

This is question asked by candidates many time. Now as per given in Notification ” 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. IDBI Assistant Manager Salary and Pay Scale will be as per government rules. Salary will be revised after 7th Pay Commission.

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