EXIM Bank Management Trainee Salary 2026: ₹65,000 Stipend, Then a JMGS-I Officer Scale

Export-Import Bank of India (EXIM Bank), the government-owned bank that finances India's exports and imports, has announced 120 posts: 90 Management Trainees (MT) and 30 Managers. The advertisement number is HRM/MT/M/2026-27/05, according to Testbook, Bankersadda and other exam sites. A short notice also appeared in newspapers around 11 November 2026.

Key dates

• Online applications: 27 November to 11 December 2026, on eximbankindia.in.
• Selection: a written test and a personal interview. The written test is expected in December 2026, as reported.

The pay, step by step

Year 1, as a Management Trainee: a fixed stipend of ₹65,000 a month, as reported by several exam sites. That is about ₹7.8 lakh a year.

After one year, as a Deputy Manager: trainees who complete training are absorbed as Deputy Managers in Junior Management Grade Scale I. The basic pay scale is ₹48,480 to ₹85,920 a month, the standard Scale I officer scale under the 12th Bipartite Settlement for banks. On top of basic pay come dearness allowance, house rent allowance or leased housing, and other benefits.

Managers (direct entry, for experienced candidates): these join at Middle Management Grade Scale II, where the standard basic pay scale is ₹64,820 to ₹93,960 a month.

What about the yearly CTC? Some exam coaching sites put the total yearly cost-to-company after absorption at about ₹25 lakh. That is their estimate, not a number from the bank. It counts housing and other benefits at the bank's cost, so it is much higher than what lands in your account each month. Read the official notice for the exact pay and benefits.

Who can apply

• Management Trainee: a 3-year degree with at least 60% marks plus a 2-year full-time MBA, PGDBA, PGDBM or MMS (finance, international business or foreign trade) with at least 60%, or a Chartered Accountant (CA), as listed by exam sites.
• Age: exam sites list 21 to 28 years for MT and 24 to 30 years for Manager, as on 1 November 2026. Sites differ, so check the official notice.

Earlier EXIM Bank notices asked trainees to sign a service bond. Check the new notice for any bond and its amount before you apply.

How this pay compares

EXIM Bank's entry pay sits well above most entry-level finance jobs, and below top campus offers:

• Entry front-line jobs at banks, NBFCs and insurers (sales and relationship roles): median fixed pay of about ₹3.5 lakh a year (most between ₹3.4 lakh and ₹4.25 lakh), according to Finploy's own job post data (February 2025 to October 2026).
• CA campus hires (ICAI placement drives, December 2025 to January 2026): average offers of about ₹12.5 to 13 lakh a year.
• IIM Ahmedabad 2025: finance offers averaged about ₹38 lakh, according to placement report coverage.

The lesson is the same at every level. Pay follows a skill that a client or a regulator will trust. EXIM Bank asks for an MBA in finance or trade, or a CA, because its officers judge cross-border loans and trade credit. That is specialised work, and it is paid as such.

Is it right for you?

This job suits finance or trade graduates who want a long career in a government-owned bank, with corporate and trade finance work rather than retail branch banking. The posts are few: 90 trainee seats for the whole country. Prepare for a written test, not only an aptitude test, and read the trade finance basics: letters of credit, buyer's credit and export credit.

Frequently asked questions

What is the stipend for EXIM Bank Management Trainees?

Trainees get a fixed stipend of ₹65,000 a month during the one-year training, as reported by several exam sites.

What is the pay after training at EXIM Bank?

Trainees who complete training join as Deputy Managers in Junior Management Grade Scale I, with basic pay of ₹48,480 to ₹85,920 a month plus allowances and benefits.

When can I apply for EXIM Bank recruitment 2026?

Online applications run from 27 November to 11 December 2026 on eximbankindia.in. There are 90 Management Trainee and 30 Manager posts.