IDBI Bank (51% shares held by Life Insurance Corporation of India) invites online applications from eligible Indian citizens for the post of Assistant Manager. Candidates fulfilling required eligibility criteria may apply On-line through the link given in Bank’s website. Recruitments in IDBI Bank are strictly on all India basis by open competition.

Post –  Executive ( on contract basis )

No of Vacancies – 287

Eligibility-

Age limit –

20 to 25 years

3 years relaxation for OBC and 5 years age relaxation for SC/ST candidates will be there. (Age relaxation for PWD or Ex-servicemen will be there as per government norms)

Educational Qualification

1. A degree of a recognized University or equivalent with minimum 50% ( 45% for SC/ST)

Important Dates :-

Last date of application – 15^th April 2019

Last Date of online Payment – 15^th April 2019

Online Examination – 16^th May 2019 ( Tentative)

Application Details:-

Official Website- www.idbi.com

Click here to view Official Notification

Click Here for Application link

Mode of  application– online

Application fees – Gen & OBC – Rs.700/- (SC/ST/PWD – Rs.150/-)

Mode Of Payment – Online

Selection Process-

The selection process will comprise of Online Test followed by Interview. The Test will be as follows

For each correct answer there is one mark, for each wrong answer there is a penalty of 0.25 negative marking.

On the basis of the performance of Online Test, candidate will be called for document verification and medical test.

Final Selection will be declared after the medical test only.

Salary / Emoluments-

The appointment of Executive will be on contractual basis. The contract would   be initially for a period of 1 year and this may be reviewed for extension on year-to-year basis for a further period of 2 years, subject to satisfactory performance, completion of assigned mandatory e-learning certifications and availability of vacancies. On successful completion of a period of 3 years of contractual service, such appointees may become eligible for appointment as Assistant Manager (Grade A‟) in IDBI Bank through a selection process that would be conducted by IDBI Bank. The Executive will be paid a lump sum/fixed remuneration as per the following chart :

Consolidated remuneration

Rs.22,000/-per month in the first year,

Rs.24,000/-per month in the second year and

Rs.27,000/-per month in the third year of service.

Note:These executives shall not be entitled to draw any allowances such as DA, HRA etc. during contract period.

Please read the official notification carefully before you apply.

Best luck for the exam.

Regards,

MUDRAA CAREERS