IDBI JAM & Executive Salary 2025: Monthly In-Hand Payment & Structure

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:

  •  Salary 2024: Rs 36000/- to Rs 63,840/- per month

  •  Initial Pay: Rs 56976/- per month

  •  Maximum Salary: Rs 84816/-/- per month

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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)

Dearness Allowance (DA)

34% of Basic Pay

House Rent Allowance (HRA)

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)

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

Transport Allowance

Rs. 3,600 per month

Medical Allowance

Medical Allowance

Rs. 17,500 per year

Meal Allowance

Meal Allowance

Rs. 1,200 per month

Uniform Allowance

Uniform Allowance

Rs. 4,000 per year

Laptop Allowance

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+4,3204,224= 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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