IDBI Executive Exam Salary & Job Profile
Updated 2026The IDBI Executive position is a contractual engagement for a period of one year, which can be extended on a year-to-year basis for up to two years. This extension is strictly performance-based, subject to the candidate's performance, current vacancies, and the successful completion of mandatory e-learning certifications.
Regarding the compensation, the bank follows a fixed monthly pay structure for the duration of the contract:
- First Year: Candidates receive a consolidated monthly pay of Rs. 29,000.
- Second Year: Upon the successful completion of the first year and based on performance reviews, the pay is increased to Rs. 31,000 per month.
It is important for candidates to note that this package is inclusive of all benefits. Executives are not entitled to draw any additional allowances such as Dearness Allowance (DA), House Rent Allowance (HRA), or other periodic banking perks. The salary is purely a fixed monthly remuneration, and candidates should consider this structure carefully before accepting the offer. The role provides valuable experience and a foundation in banking operations, which serves as a major advantage for future career prospects in the financial sector.
| Detail | Information |
|---|---|
| Post Name | Executive (Sales and Operations - ESO) |
| Organization | Industrial Development Bank of India (IDBI) |
| Engagement Type | Contractual |
| Initial Duration | 1 Year (Renewable) |
| Total Tenure | Up to 2 Years |
| Salary (1st Year) | Rs. 29,000 per month |
| Salary (2nd Year) | Rs. 31,000 per month |
| Allowances | Not applicable (No DA, HRA, etc.) |
