IDBI Assistant Manager Recruitment 2023

IDBI Assistant Manager Recruitment 2023 is out…!! IDBI Bank has released notification for the position of Assistant Manager Grade A. Eligible candidates are requested apply before the last date as per the format given in the official notification.

Post –  Assistant Manager Grade A

No of Vacancies – 600

Eligibility for IDBI Assistant Manager Recruitment 2023 –

Age limit –

21 to 30 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
  2. Minimum 2 years of experience in Banking financial service and Insurance Sector

 

Application Details IDBI Assistant Manager Recruitment 2023

Official Website- https://www.idbibank.in

Last date of application – 28th February 2023

Mode of  application– online

Application fees – Gen & OBC – Rs.1000/- (SC/ST/PWD – Rs.200/-)

Click here to view Official IDBI Assistant Manager Recruitment Notification

Click Here for Application Link

 

Selection Process for IDBI Assistant Manager Recruitment 2023-

The selection process shall comprise of Online Test (OT), Document Verification (DV), Personal Interview (PI) and Pre Recruitment Medical Test (PRMT). Fitness of the candidates after PRMT would be based on the prevailing guidelines of the Bank.
The above mentioned selection process are indicative and Bank is at liberty to alter/ amend/ modify the same at any time without assigning any reason whatsoever.

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
Total 200 200

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 interview.

Final Selection will be made on the basis of combined score of Online Test and Interview.

Salary for IDBI Assistant Manager Recruitment 2023

After joining the Bank’s services as Assistant Manager Grade ‘A’, the extant Basic Pay currently applicable to Assistant Managers in Grade A is Rs.36,000/- per month in the pay scale of 36000-1490(7)-46430-1740(2)–49910–1990(7)-63840(17 years). Candidates should note that the pay scales, allowances, reimbursements, perquisites and other terms subsisting at the time of joining and as may be modified / amended / revised from time to time would be applicable as per rules in force from time to time.

Please read the official IDBI Assistant Manager Recruitment notification carefully before you apply.

Also Read, Nuclear Power Corporation Recruitment 2023

Best luck for the exam.

Regards,

MUDRAA CAREERS

IDBI Executive Recruitment 2022

IDBI Executive Recruitment 2022 is out…!! IDBI Bank has released notification for the position of Executive. Eligible candidates are requested apply before the last date as per the format given in the official notification.

Total No of Vacancies :- 1044

Posts–  Executive ( On contract)

Eligibility for IDBI Executive Recruitment 2022-

Age Limit :-

20 to 25 Years

Age relaxation of 3 years for OBC & 5 years for SC/ST candidates.

Age relaxation for PwBD & Ex-servicemen as per government norms,

Educational Qualification :-

Any graduation with minimum 55% (Minimum 50% marks for SC/ST candidates on similar lines.)

Application Details for IDBI Recruitment 2022-

Official Website – idbibank.in

Mode of Application – Online

Application Fees – Rs.1000 ( Rs.200 for SC/ST/PWBD)

Last Date of Application :-  17th June 2022

 Click Here to view Official IDBI Executive Recruitment Notification 

Click here to apply Online

 

Selection Process for IDBI Executive Recruitment 2022

The selection process for the post of Executive will comprise of an Online Test. The structure of the Examination is as follows:

Sr No Name of the test No of Questions Maximum Marks Duration
1 Reasoning 50 50 Composite time of 90 minutes
2 Working English Language 50 50
3 Quantitative Aptitude 50 50
Total 150 150

 

The above tests except the Tests of English Language will be available bilingually, i.e. English and Hindi. ii. Penalty for Wrong Answers – For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.

Also Read here, BANK EXAM MASTERY COURSE for faster preparation

The applicants, who are successful in the online test, would be called for a document verification and Pre-Recruitment Medical Test. The number of applicants called for document verification and pre-recruitment medical test will also be at the discretion of IDBI Bank.

Applicants qualifying both in the online test and declared fit in the pre-recruitment medical test shall be considered for final shortlisting. Reference for medical test does not imply final selection, which may please be noted.

The final selection or offer of employment would be made based on applicant’s marks in the online test, being found medically fit and subject to fulfilment of all other eligibility criteria as stipulated in the advertisement.

Salary for IDBI Executive Recruitment 2022

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 yearto-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: Rs.29,000/- per month in the first year, Rs.31,000/- per month in the second year and Rs.34,000/- per month in the third year of service.

For detailed Selection Process, terms and conditions of service & other details, Please read the official IDBI Recruitment 2021 notification carefully before applying.

Also Read,  IBPS RRB Recruitment 2022

You can also Follow us on Facebook Page

Stay connected  for more such updates about different government recruitment regularly through our blogs. Best luck for the job.

Regards,

MUDRAA CAREERS

IDBI Executive Recruitment 2021

IDBI Executive Recruitment 2021 is out…!! IDBI Bank has released notification for the position of Executive. Eligible candidates are requested apply before the last date as per the format given in the official notification.

Total No of Vacancies :- 920

Posts–  Executive ( On contract)

Eligibility for IDBI Executive Recruitment 2021-

Age Limit :-

20 to 25 Years

Age relaxation of 3 years for OBC & 5 years for SC/ST candidates.

Age relaxation for PwBD & Ex-servicemen as per government norms,

Educational Qualification :-

Any graduation with minimum 55% (Minimum 50% marks for SC/ST candidates on similar lines.)

Application Details for IDBI Recruitment 2021-

Official Website – idbibank.in

Mode of Application – Online

Application Fees – Rs.1000 ( Rs.200 for SC/ST/PWBD)

Last Date of Application :-  18th August 2021

 Click Here to view Official IDBI Executive Recruitment 2021 Notification 

Click here to apply Online

 

Selection Process for IDBI Executive Recruitment 2021

The selection process for the post of Executive will comprise of an Online Test. The structure of the Examination is as follows:

Sr No Name of the test No of Questions Maximum Marks Duration
1 Reasoning 50 50 Composite time of 90 minutes
2 Working English Language 50 50
3 Quantitative Aptitude 50 50
Total 150 150

 

The above tests except the Tests of English Language will be available bilingually, i.e. English and Hindi. ii. Penalty for Wrong Answers – For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.

Also Read here, BANK EXAM MASTERY COURSE for faster preparation

The applicants, who are successful in the online test, would be called for a document verification and Pre-Recruitment Medical Test. The number of applicants called for document verification and pre-recruitment medical test will also be at the discretion of IDBI Bank.

Applicants qualifying both in the online test and declared fit in the pre-recruitment medical test shall be considered for final shortlisting. Reference for medical test does not imply final selection, which may please be noted.

The final selection or offer of employment would be made based on applicant’s marks in the online test, being found medically fit and subject to fulfilment of all other eligibility criteria as stipulated in the advertisement.

Salary for IDBI Executive Recruitment 2021

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 yearto-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: Rs.29,000/- per month in the first year, Rs.31,000/- per month in the second year and Rs.34,000/- per month in the third year of service.

For detailed Selection Process, terms and conditions of service & other details, Please read the official IDBI Recruitment 2021 notification carefully before applying.

Also Read Here, Union Bank Recruitment 2021

You can also Follow us on Facebook Page

Stay connected  for more such updates about different government recruitment regularly through our blogs. Best luck for the job.

Regards,

MUDRAA CAREERS

IDBI Assistant Manager Grade A Recruitment 2019

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

IDBI Executive Recruitment 2019

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 – 15th April 2019

Last Date of online Payment – 15th April 2019

Online Examination – 16th 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

Sr No Name of the Test Number of Questions Maximum Marks Duration
1 Logical Reasoning 50 50  

Composite time of 2 hours

2 English Language 50 50
3 Quantitative Aptitude 50 50
Total 150 150

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

IDBI Assistant Manager Recruitment 2019

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 –  Assistant Manager

No of Vacancies – 515

Eligibility-

Age limit –

21 to 28 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 60% ( 55% for SC/ST)
  2. Working knowledge of computer including use of office suites and databases

Important Dates :-

Last date of application – 15th April 2019

Last Date of online Payment – 15th April 2019

Online Examination – 17th May 2019 ( Tentative)

Application Details:-

Official Website- https://www.idbi.com/idbi-bank-careers-current-openings.asp

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

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
Total 200 200

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 interview.

Final Selection will be made on the basis of combined score of Online Test and Interview.

Please read the official notification carefully before you apply.

 

Best luck for the exam.

Regards,

MUDRAA CAREERS