The Role and Reality of an IDBI utive: Job Profile and Prospects

When considering a career at IDBI, the position of utive is often a point of interest. This article delves into the job profile, expectations, and realities of working as an IDBI utive, providing a comprehensive overview to help prospective employees make informed decisions.

Job Profile Overview

The job profile of an IDBI utive closely mirrors that of a clerical role in Public Sector Banks (PSBs), primarily focusing on handling cash transactions, NEFT/RTGS operations, and addressing customer inquiries. Due to its past status as a PSB, IDBI offers a more relaxed working environment with better financial emoluments compared to its private competitors.

Main Responsibilities

As a utive at IDBI, your primary responsibilities may include:

Teller counter administration, including cash handling and transaction management. Handling customer requests, such as opening FD accounts and resolving various queries. Executing NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement) transactions. Performing other clerical tasks as assigned by superiors.

Due to the shortage of officers at IDBI, you may be expected to carry out a wide range of tasks beyond your primary duties, adding to the workload and responsibilities.

Differences in Working Conditions

Compared to clerical staff in PSBs, who often leave by 5 PM, utives at IDBI have to work until the end of the shift with other officers. This can create a significant difference in work-life balance, as utives lack the flexibility enjoyed by clerical staff in PSBs.

Another downside is the contractual nature of the role, with a fixed duration of three years, during which time no Dearness Allowance (DA) or House Rent Allowance (HRA) is provided. This can affect your overall financial benefits and stability.

Transition and Prospects

After three years of service, an IDBI utive may be presented with the opportunity to transition to an Assistant Manager (AM) role. However, the transition process is largely dependent on the review and approval of your supervisors. This adds an element of uncertainty to the role's long-term prospects.

Some of the key expectations from an IDBI utive include:

Teller service and cash handling. Customer service and relationship management. Recovery and management of in-hand salary (generally ranging from 14-15k).

Pros and Cons

While the job profile and responsibilities of an IDBI utive can be enriching and rewarding, it is also important to consider the realities and challenges:

Pros

Competitive remuneration and benefits. Relaxed work environment compared to private sector banks. Potential for promotion after three years of service.

Cons

High workload due to the shortage of officers. Fixed-term contract with limited additional benefits. Lack of work-life balance due to longer working hours.

Conclusion

The role of an IDBI utive is significant, allowing for a wide range of responsibilities and opportunities for growth. However, it also comes with its challenges. For those who prefer a more structured and less demanding environment, possibly looking at joining as a clerk in another bank would be more advantageous.