IDBI Bank has entered into a MoU with Manipal Global Education Services Private Limited (MGES), Bengaluru to provide training in Banking and Finance to prospective candidates aspiring to join IDBI Bank as Assistant Manager Grade ‘A’. IDBI Bank invites applications from young, dynamic graduates for admissions to Manipal School of Banking, Bengaluru for 1 year Post Graduate Diploma in Banking and Finance (PGDBF) comprising of 9 months of classroom studies at MGES, Bengaluru and 3 months Internship at IDBI Bank’s Branches. After the successful completion of the course, the candidates will be awarded PGDBF from Manipal University and will be inducted into IDBI Bank as Assistant Manager Grade ‘A’ subject to fulfilment of eligibility criteria as stated in this advertisement.
Post:- Assistant Manager Grade ‘A’
No of vacancies :- 600
Eligibility Criteria :-
Educational Qualification –
A Degree (Graduation) in any discipline from a University recognised by the Government of India or any equivalent qualification recognized as such by the Central Government.
Computer literacy: Operating & working knowledge in computer systems shall be an essential qualification, which a candidate must either possess or acquire within 6 months from the date of joining the Bank.
Hindi Knowledge: The candidates shall acquire working knowledge in Hindi, if not possessed already, before completion of probationary period.
Age limit – (As on 1st June 2019)
Minimum 21 Years ,Maximum 28 Years
Age relaxation 5 years for SC/ST; 3 years for OBC , 10 Years for PWD Candidate
Application Details:-
Important Dates :-
Application Starts on –23rd June 2019
Last date of online Application :- 3rd July 2019
Last date for making online fee payment: – 3rd July 2019
Date of online test (tentative) :- 21st July 2019
Mode of application–Online
Application fees –Rs 700/- for general and OBC candidates, (for SC/ST/PWBD Rs 150/- )
Important Links-
Official Website – https://www.idbibank.in/
Click here to view Official Notification
Click here to Apply Online Directly
Scheme of Examination:-
The selection shall be by way of Online Objective Test followed by Personal Interview.
| Sr. No. | Name of the Test | Number of Questions | Maximum Marks | Duration |
| 1. | Logical Reasoning , Data Analysis & Interpretation | 60 | 60 |
Composite time of 2 hours |
| 2 | English Language | 40 | 40 | |
| 3 | Quantitative Aptitude | 40 | 40 | |
| 4 | General / Economy / Banking Awareness | 60 | 60 | |
| 200 | 200 |
There will be negative marking of 1/4th or 0.25 marks for each wrong answers in Objective Test.
Final Selection –
Sufficient number of candidates will be called for the round of interview based on their performance in online test. And final selection will be done on the basis of combined score of online test & Personal Interview, after the medical fitness test.
Bank will decide the minimum cut-off marks for each subject as well as Total Score. Each candidate will be required to obtain a minimum score in each subject and also a minimum total score as decided by Bank to be considered for Interview.
Watch our video here to understand entire process easily…
Course Fee:-
Course Fee – Rs. 350000.00 + applicable Taxes
Apart from the above course fees, the exam fees for undergoing various Certification exams as mandated under the course will have to be borne additionally by the candidates, as per the fees charged by respective body/organizations.
Education loan option is made available by IDBI bank for fees.
Stipend-
(during the training): During the Training Period (9 Months)-Rs. 2,500/- per month
During the Internship Period (3 Months)-Rs.10,000/-per month.
Agreement / Service Bond:
The selected candidates at the time of joining the course have to execute an Agreement / Security Bond to serve the Bank for a minimum period of 3 years from the date of joining the Bank as Probationary Officer upon successful completion of the PGDBF course. In the event of candidate abandoning, absconding or resigning the services of the Bank before completion of three years, he / she shall be liable to compensate the Bank with an amount of Rs. 200000 (Rupees two lakh only]. Also in such event, in case the candidate has availed Educational Loan from the Bank towards payment of Course Fee, the same has to be repaid fully with upto date
SALARY & EMOLUMENTS AFTER JOINING THE BANK ON SUCCESSFUL
COMPLETION OF PGDBF COURSE:
Basic Pay – Rs. 23,700 per month, gross salary would be approx Rs.42000 p.m.
Please read the official notification carefully before applying.
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Best luck for the Exam.
regards,
MUDRAA CAREERS