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Industrial Development Bank of India has released the recruitment notification for the post of Junior Assistant Manager Grade 'O' through Post Graduate Diploma in Banking and Finance (PGDBF) course. After the candidates complete 1 year PGDBF in IDBI, they will be given certification of PGDBF Diploma and candidates will be selected for 500 posts and appointed as Junior Assistant Manager. As per IDBI Notification PDF, the CTC limit of the post is Rs. 6.14 Lakh to Rs. Will be between Rs 6.50 lakh. In this article, we have explained in detail about IDBI Junior Assistant Manager Salary 2024 structure along with other information.
IDBI Junior Assistant Manager Salary 2024: Overview
IDBI Junior Assistant Manager Recruitment is a great opportunity for candidates who want to serve in one of the leading banking sectors of India. For your reference, we have given the detailed IDBI Junior Assistant Manager Salary 2024 overview here.
| IDBI Junior Assistant Manager Salary 2024 | |
| organization | Industrial Development Bank Of India |
| Posts | Junior Assistant Manager |
| Categories | Salary |
| vacancy | 500 |
| PGDBF Course Fee | Rs. 3,00,000 |
| Salary Range | Rs. 6.14 lakh to Rs. 6.50 lakh |
| Application Mode | Online |
| Selection Process | Online Test and Interview |
| Official Website | idbibank.in |
IDBI PGDBF Course 2024 Fees
IDBI Post Graduate Diploma in Banking and Finance (PGDBF) course fee Rs 3,00,000. Rupee. However, IDBI has fixed a schedule for depositing fees in installments for the 1 year programme. Various certificate examinations are mandatory under the IDBI course, for which candidates have to pay additional examination fees. The course fee will be reimbursed through five annual installments, starting after completion of three years of service and confirmation in the employment of the Bank, and upon satisfactory performance appraisal rating.
IDBI Junior Assistant Manager Probation Period
After being appointed to the post of IDBI Junior Assistant Manager, the 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. The candidate can be posted in any of the Bank's offices or departments/offices/business units/associates of the Bank.
IDBI Junior Assistant Manager Service Bond
On joining the syllabus, all selected candidates will be required to sign a service bond to serve in IDBI Bank for a minimum period of 3 years (except notice period) from the date of their employment. Alternatively, candidates can choose to pay the estimated amount of Rs 2 lakh + applicable taxes. Additionally, if a candidate wishes to leave the employment of IDBI Bank before completing 3 years of service, they will be required to repay any outstanding educational loan at the prevailing card rate, provided they have taken an education loan from IDBI Bank.
IDBI JAM Salary 2024
IDBI JAM Salary 2024 will start after inspection of the candidates in the bank. On joining the services of the Bank as Grade 'O', the compensation based on Cost to Company (CTC) at the time of joining will be between Rs 6.14 lakh to Rs 6.50 lakh (Class A city). Annual salary increment will be given on the basis of performance or any other parameter decided by the Bank from time to time. The appointed candidates will be covered under IDBI Bank Limited New Pension Scheme. As per extant Bank norms, Grade “O” officers will be considered for promotion to the next cadre, i.e. Grade ‘A’ on completion of 3 years of service.
IDBI Junior Assistant Manager Salary 2024 Allowances
Check the list below to get information about IDBI Junior Assistant Manager Salary 2024 Allowances:
- Travel Allowance
- Halting Allowance
- Local Conveyance Allowance
- Subsidized Lunch Facility
- Visiting Officer Facility
IDBI Junior Assistant Manager -Career Growth Opportunities
As per IDBI official notification, IDBI Junior Assistant Manager will be given annual increment based on their performance or any other parameter determined by the bank. Additionally, Grade “O” officers may be considered for promotion to Grade ‘A’ after completing 3 years of service, subject to performance, availability of vacancies and other criteria as mentioned in the promotion policy of the Bank, Which may be amended from time to time.
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