IDBI JAM & Executive Salary 2025: Monthly In-Hand Payment & Structure
IDBI Jr. Assistant Manager (JAM) Salary
IDBI Job ( Full Time )
Basic Salary
Rs 36000/-
Maximum Salary
Rs 63, 840/-
Min (In Hand)
≈ ₹56976/-Month
Max (In Hand)
≈ ₹ 84816/-Month
IDBI Junior Assistant Manager (JAM) positions offer an attractive salary ranging from Rs 36,000/- to Rs 63,840/-. In addition to the basic pay of Rs 36,000, employees receive Dearness Allowance (DA) (53% of basic pay) and House Rent Allowance (HRA) (20% of basic pay). Transport Allowance (TA) is provided as per norms. The minimum take-home pay is around Rs 56,976/- per month, and the maximum can go up to approximately Rs 84,816/- per month after deductions. The salary structure is designed to address housing, transportation, and general living expenses, making IDBI JAM positions financially rewarding and competitive in the banking sector.
★ Top 3 key highlights:
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Salary 2024: Rs 36000/- to Rs 63,840/- per month
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Initial Pay: Rs 56976/- per month
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Maximum Salary: Rs 84816/-/- per month
IDBI Jr. Assistant Manager (JAM) Salary 2024
Information | Details |
---|---|
Name | IDBI Jr. Assistant Manager (JAM) Salary |
Profession | IDBI Job ( Full Time ) |
Pay Scale | Rs 36000/- to 63, 840/- |
Basic Salary | Rs 36000/- |
Maximum Salary | Rs 63, 840/- |
(DA) | 53% Of Basic |
(HRA) | 20% Of Basic |
Transport Allowance (TA) | As Per Applicable |
Min (In Hand) | ≈ ₹56976/-Month |
Max (In Hand) | ≈ ₹ 84816/-Month |
IDBI Jr. Assistant Manager (JAM) Salary Allowances (2024)
The IDBI JAM and Executive recruitment process for 2024 will incorporate rigorous assessments, comprising written exams and typing evaluations. Candidates who excel in these assessments can expect an attractive salary package that adheres to government guidelines. This inclusive package covers various components, including House Rent Allowance (H.R.A.), Arrears, Travel Allowance (T.A.), and Dearness Allowance (D.A.).
Dearness Allowance (DA)
34% of Basic Pay
House Rent Allowance (HRA)
24% of Basic Pay in Metro Cities, 16% of Basic Pay in 'A' Class Cities, and 8% of Basic Pay in other cities
City Compensatory Allowance (CCA)
12% of Basic Pay in Metro Cities, 9% of Basic Pay in 'A' Class Cities, and 5% of Basic Pay in other cities
Transport Allowance
Rs. 3,600 per month
Medical Allowance
Rs. 17,500 per year
Meal Allowance
Rs. 1,200 per month
Uniform Allowance
Rs. 4,000 per year
Laptop Allowance
Rs. 15,000 per year
IDBI JAM And Executive Salary Deductions (2024)
In the compensation structure for IDBI Junior Associates (JAM) and Executives, deductions are applied to both the basic salaries and allowances. The following table offers a brief summary of commonly utilized deduction categories.
Employee Provident Fund (EPF)
12% of basic salary
Employee State Insurance (ESI)
4.75% of basic salary (for employees earning less than ₹21,000 per month)
Professional Tax
As per state government rules
Income Tax
As per income tax slab
Life Insurance
As per employee's choice
Health Insurance
As per employee's choice
Other deductions
As per company policy
IDBI JAM And Executive Salary Calculation
To calculate the Total In-Hand Salary for IDBI JAM And Executive Salary
➜ Step 1: Calculate the DA Amount
DA Amount = Current DA Rate * Basic Salary (Starting)
DA Amount = 53% * 36000/- = Rs 19080/-
➜ Step 2: Calculate the HRA Amount
HRA Amount = Current HRA Rate * Basic Salary (Starting)
HRA Amount = 20% * 36000/- = Rs 7,240/-
➜ Step 3: Calculate the PF Amount
PF Amount = PF (Employee's contribution) * Basic Salary (Starting)
PF Amount = 12% * 36000/- = Rs 4,320/-
➜ Step 4: Calculate the NPS Amount
NPS Amount = NPS (Employee's contribution) * (Basic Salary (Starting) + DA Amount)
NPS Amount = 10% * (36000 + 12,240/-) = 4,224/-
➜ Step 5: Calculate the Total In-Hand Salary
Total In-Hand Salary = Basic Salary (Starting) + DA Amount + HRA Amount - PF Amount - NPS Amount
Total In-Hand Salary = 36,000+12,240+8,640+4,320−4,224= Rs 56976/-
➜ Conclusion:
The Total In-Hand Salary for an IDBI JAM And Executive Salary is Rs = 56976/-
IDBI JAM & Executive 7th Pay Commission
✦ Top IDBI JAM And Executive Salary Govt Jobs Perks
01 DA
02 HRA
03 TA
04 NPS
05 MA
IDBI JAM And Executive Salary FAQs
⭐What is the basic salary for IDBI Junior Assistant Manager (JAM)?The basic salary for IDBI Junior Assistant Manager is Rs 36,000/-
⭐What is the maximum salary a Junior Assistant Manager at IDBI can earn?The maximum salary for IDBI Junior Assistant Manager is Rs 63,840/-.
⭐Is there any Transport Allowance (TA) provided, and how is it determined?Yes, Transport Allowance (TA) is applicable, and the amount is determined based on the policies in place.
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