Introduction
IDBI Junior Assistant Manager Salary 2025: Junior Assistant Manager (JAM) Grade ‘O’ positions are available at the Industrial Development Bank of India (IDBI), which provides a competitive salary package and opportunities for career advancement. It is essential to know the IDBI Bank pay range, allowances, benefits, and career advancement opportunities if you want to work for the bank. What follows is a blog post detailing the IDBI Junior Assistant Manager pay and onboarding process.
IDBI Junior Assistant Manager Salary Structure
Annual Salary Package
Depending on the region of posting, the total cost to the company (CTC) for the IDBI Junior Assistant Manager might vary from 6.14 lakh to 6.50 lakh per year.
Because of increased living expenses and extra allowances, candidates deployed to Class A locations earn a higher CTC.
Training and Internship Stipend
Candidates who are formally appointed must first complete a rigorous training and internship program:
- The monthly training fee is ₹5,000 for 6 months.
- For the two-month internship, the monthly salary is ₹15,000.
The bank employs candidates as full-time Junior Assistant Managers (Grade ‘O’) upon their successful completion of the training and internship.
IDBI Junior Assistant Manager Salary After Joining
Once the internship is completed, candidates are awarded a fixed pay structure, as well as allowances and other benefits.
Breakdown of Salary
| Components | Amount (₹) |
| Basic Pay | ₹36,000 – ₹38,000 |
| Dearness Allowance (DA) | As per bank rules |
| House Rent Allowance (HRA) | Based on location |
| Travel Allowance (TA) | Variable |
| Halting Allowance | As per policy |
| Local Conveyance | Fixed amount |
| Other Benefits | Additional perks |
Career Growth & Promotion in IDBI Bank
IDBI offers great career progression opportunities:
- Promotion to Grade ‘A’ is possible after personnel have worked for three years as Junior Assistant Manager (Grade ‘O’).
- The availability of vacancies, performance, and experience are the determining factors for promotions.
- In managerial positions, employees have the opportunity to advance in the hierarchy through consistent development opportunities.
Allowances and Additional Benefits
IDBI Junior Assistant Managers receive multiple benefits beyond the basic salary:
- House Rent Allowance (HRA) – Based on location.
- Medical Benefits – Comprehensive health insurance for employees and dependents.
- Provident Fund (PF) – Contributions towards retirement savings.
- Gratuity and Pension – Financial security after retirement.
- Visiting Officer Facility – Special perks for official travel.
- Subsidized Lunch Facility – Meals at reduced costs in bank premises.
- New Pension Scheme (NPS) – Secure future financial planning.
Conclusion
The Junior Assistant Manager position at IDBI provides exceptional career advancement opportunities, an exceedingly lucrative compensation, and appealing benefits. For individuals who are interested in a stable and rewarding banking profession, this position is an excellent option, as it offers a structured training program, salary increments, and promotions. You may use this comprehensive wage breakdown as a guide as you study for the IDBI Bank recruiting test.
Stay updated with the latest IDBI recruitment updates to secure your spot in this prestigious bank!