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IDBI Junior Assistant Manager Salary Structure 2025, Career Growth and Allowances

IDBI Junior Assistant Manager Salary 2025 starts with CTC of Rs. 6.14 to Rs. 6.50 LPA at the time of joining. There is a career growth opportunity after 3 years to Grade A posts, go through the IDBI JAM Salary Structure, job roles, perks and benefits here.
authorImageLata Negi7 May, 2025
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IDBI Junior Assistant Manager Salary 2025

IDBI Junior Assistant Manager Salary 2025: The Industrial Development Bank of India has recently released a recruitment notification for the position of Junior Assistant Manager Grade 'O'. IDBI has announced a total of 676 vacancies for this role. What makes this opportunity even more exciting is the appealing salary package offered by the organization. To be eligible for this position, candidates must have completed a specialized course known as IDBI PGDBF (Post Graduate Diploma in Banking and Finance), which spans one year. In this article, we will provide you with details about the salary structure and the various benefits associated with the IDBI Junior Assistant Manager Salary 2025. The IDBI Junior Assistant Manager Salary 2025 is indeed quite lucrative, and this aspect adds to the overall attractiveness of the job title.

IDBI Junior Assistant Manager Salary 2025

As part of the selection process, candidates who pass successfully will undergo a specific training and internship program. During the initial 6-month training period, candidates will receive a monthly stipend of Rs. 5,000. Following the training, there will be a 2-month internship where the stipend increases to Rs. 15,000 per month. After successfully completing this probationary period, candidates will be officially appointed as Junior Assistant Manager Grade 'O' (JAM Grade 'O'). Upon becoming full-time Junior Assistant Managers, their annual salary will range from Rs. 6.14 lakh to Rs. 6.50 lakh in Class A cities. In other words, their annual income will fall within this salary range once they are confirmed in the role. Recommended for private bank jobs - BFSI Course

IDBI Junior Assistant Manager Recruitment 2025 Notification Out for 676 Posts

IDBI JAM Salary 2025  

The IDBI Junior Assistant Manager Recruitment presents an excellent opportunity for individuals aspiring to obtain a Post Graduate Diploma in Banking and Finance while also joining the esteemed IDBI Bank. Candidates can anticipate a competitive salary package as Junior Assistant Managers at IDBI Bank.
IDBI Junior Assistant Manager Salary 2025
Organization Industrial Development Bank Of India
Post Junior Assistant Manager
Category Salary
Vacancy 676
Junior Assistant Manager Salary 2025 Rs. 6.14 lakh to Rs. 6.50 lakh
Official Website idbibank.in

IDBI Junior Assistant Manager Salary Structure 2025

The IDBI Junior Assistant Manager Salary 2025 follows a structured progression, with various stages of compensation based on the candidate's training and performance. It's important to note that the bank may recover the stipend from candidates who leave the program before joining the bank's service. Here's the breakdown of the salary:
  1. Training Period (6 Months): During this initial training phase, candidates will receive a stipend of Rs. 5,000 per month.
  2. Internship Period (2 Months): After the training, there is a 2-month internship where candidates will receive a stipend of Rs. 15,000 per month.
IDBI JAM Salary Structure 2025
Phase Duration
Stipend (Per Month)
Training Period 6 Months ₹5,000
Internship Period 2 Months ₹15,000
Full time Rs. 6.14 lakh to Rs. 6.50 lakh (Per Year)
Upon successfully completing the 8-month training program, which includes both the Training and Internship, and the Post Graduate Diploma in Banking and Finance (PGDBF) course, candidates will be absorbed into the bank. They will begin their journey as On-Job Trainees (OJT) for an initial 4-month period. The bank will determine their postings at various branches or offices based on operational needs. After becoming part of the bank's services as a Junior Assistant Manager (Grade 'O') and successfully completing the PGDBF course, candidates can expect a competitive compensation (CTC). This CTC is anticipated to range between Rs. 6.14 lakh to Rs. 6.50 lakh for candidates placed in Class A cities at the time of their joining.

IDBI JAM Probation Period

The probation period for the IDBI Grade O post is 1 year from the date of joining of the job role. This IDBI JAM probation is typically structured into three phases: 6 months of classroom training, followed by 2 months of internship, and then 4 months of on-the-job training (OJT) at various IDBI bank branches or offices. The bank may extend the probation period if deemed necessary. During this time, candidates are assessed for their performance and suitability for the role before being confirmed as Junior Assistant Managers Grade ‘O’.

IDBI Junior Assistant Manager Service Bond

All selected candidates for Junior Assistant Manager are required to sign a Service Bond for serving IDBI Bank for at least 3 years, not including the notice period. Should a candidate depart from IDBI Bank before fulfilling 3 years, they will be obliged to pay a nominal fee of Rs. 2 lakh along with applicable taxes. Furthermore, if the candidate has obtained an educational loan from IDBI Bank, they must settle any remaining dues at the relevant interest rate before exiting the bank.

IDBI Junior Assistant Manager Allowances 

According to the IDBI Junior Assistant Manager 2025 Notification, Grade "O" officers will enjoy specific benefits, which include: Along with the basic pay perks and allowances get added to the IDBI Junior Assistant Manager Salary 2025. The IDBI Junior Assistant Manager Perks and Allowances vary depending on the place of posting. Here, we have listed down the IDBI JAM Salary 2025 Perks and Allowances.
  • House Rent Allowance
  • City Compensatory Allowance
  • Special Allowance
  • Conveyance Allowance
  • Medical Allowance
  • Entertainment Allowance
  • Newspaper Allowance
  • Travel Allowance
  • Lease Allowance
However, it's important to note that Grade "O" officers will not be entitled to certain allowances, performance-based variable pay, staff loans, perks, benefits, or other facilities that are typically available to other full-time bank employees.

IDBI Junior Assistant Manager Career Growth

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. Furthermore, Grade "O" officers may be eligible for promotion to Grade 'A' after serving for three years, provided they meet performance standards and if there are job openings, as specified in the Bank's Promotion Policy, which could be updated periodically.

IDBI Junior Assistant Manager Salary 2024 FAQs

Q1. What is the IDBI Junior Assistant Manager Salary 2024?

Ans. The IDBI Junior Assistant Manager Salary in 2024 ranges from Rs. 6.14 lakh to Rs. 6.50 lakh for candidates placed in Class A cities. This salary is offered to full-time Junior Assistant Managers after they successfully complete their training and internship period.

Q2. Who is eligible for the IDBI Junior Assistant Manager position?

Ans. To be eligible for the IDBI Junior Assistant Manager position, candidates must have completed a specialized course known as IDBI PGDBF (Post Graduate Diploma in Banking and Finance), which is a one-year program.

Q3. What is the training and internship period for Junior Assistant Manager candidates?

Ans. Candidates who pass the selection process will undergo an initial 6-month training period, during which they will receive a monthly stipend of Rs. 5,000. Following this, there will be a 2-month internship with a stipend of Rs. 15,000 per month.

Q4. What are the allowances offered to IDBI Junior Assistant Managers?

Ans. IDBI Junior Assistant Managers, classified as Grade "O" officers, are entitled to various benefits, including travel allowance, halting allowance, local conveyance allowance, subsidized lunch facility, and visiting officer facility. However, certain allowances and benefits available to full-time bank employees may not be applicable to Grade "O" officers.
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