IDBI ESO Salary 2024: The Industrial Development Bank of India (IDBI) has been a prominent financial institution providing excellent career opportunities in banking. The role of an Executive Security Officer (ESO) at IDBI is both rewarding and challenging, offering a competitive salary, job stability, and growth opportunities. The IDBI ESO 2024 salary is 29000 per month, Candidates can check the detailed IDBI ESO salary 2024 including in-hand salary, gross salary, salary structure, career growth, promotion Perks and Allowances in the article below.
IDBI ESO Salary 2024 Overview
The IDBI ESO Salary includes multiple allowances including Dearness Allowance (DA), Accommodation Allowance, Medical allowances and more. Candidates can check the complete overview for the IDBI ESO salary 2024 in the article below.
| IDBI ESO Salary 2024 Overview | |
| Organization | Industrial Development Bank of India |
| Post Name | Executive |
| IDBI Executive Salary In Hand | Rs. 29,000/ month in the 1st year and 31,000 in 2nd year) |
| IDBI Executive Salary Allowances | DA, Medical, Accommodation, etc. |
| IDBI Official Website | www.idbibank.in |
IDBI ESO Salary 2024 Structure
IDBI ESO salary keeps on increasing year wise like first year is 29,000, second year is 31,000 and their year is 31,000 and it includes many packs and benefits.
| IDBI ESO Salary 2024 Structure | |
| Consolidated Remuneration | Rs.29,000/- per month in the first year |
| Rs.31,000/- per month in the second year | |
| Rs.34,000/- per month in the third year of service. | |
IDBI ESO Perks and Allowances 2024
The IDBI ESO include more perks and allowances including Dearness Allowance (DA), Accommodation Allowance, Medical Aid, Travelling Allowance and other allowances. Candidates check the comprehensive information for IDBI ESO Perks and Allowances 2024 in the table below.
| IDBI ESO Perks and Allowances 2024 | |
| Dearness Allowance (DA) | Based on the Consumer Price Index (CPI) which is refurbished every quarter. The DA is around 46% of the basic salary but can either increase or decrease depending on the inflation rate. |
| Accommodation Allowance | This office is accessible instead of HRA. IDBI will give the official convenience as a rented convenience. |
| Medical Allowance | IDBI pays a fixed yearly add-up to meet clinical costs. |
| Travelling Allowance | IDBI provides a fixed traveling allowance. |
| Newspaper Reimbursement | The bank pays a fixed sum towards the expense of one paper consistently. |
IDBI ESO Career Growth And Promotion
The career growth potential within IDBI Executive Sales & Operations Officer (ESO) positions in 2023 is significant and holds promising prospects for individuals aspiring to build a long-term career with the organization. Starting as ESOs, employees have the opportunity to advance through various hierarchical levels, taking on increasing responsibilities and leadership roles. As they demonstrate expertise and dedication in specialized areas, avenues for promotion to IDBI higher managerial positions open up. IDBI Bank values continuous learning and skill development, often providing avenues for professional enhancement. With a commitment to nurturing talent from within, IDBI ESOs can anticipate a structured and rewarding career progression, making it an attractive choice for those seeking sustained growth and success in the banking sector. Here is the graph of the IDBI ESO Career Growth:
- IDBI Assistant Manager (Grade A)
- Manager (Grade B)
- Assistant General Manager (Grade C)
- Deputy General Manager (Grade D)
- General Manager (Grade E)
- Chief General Manager (Grade F)
- Executive Director
IDBI ESO Salary 2024 FAQ
The basic salary for an IDBI ESO typically starts at around ₹29,000 per month
The main components include Basic Pay, Dearness Allowance (DA), House Rent Allowance (HRA), and other allowances like Travel Allowance and Medical Allowance.
The in-hand salary after deductions is generally between 29000 per month.
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