The Industrial Development Bank of India (IDBI) Executive exam is a single-stage exam. This is an exam to recruit Executives through direct recruitment in various IDBI branches across the Nation.
IDBI has released the official notification for the IDBI Executive exam 2022. The concerned officials have released the IDBI Executive notification 2022 on the official portal in order to provide candidates with an information handout. In total, 1044 vacancies have been announced via official notification. The candidates can get the application link from the website.
IDBI Executive Notification Released Date: 1st June 2022
IDBI Executive Admit card 2022: 4th Week of June 2022
Below are some important dates that candidates can go through –
Online registration starts from
03rd June 2022
Last date to apply online
17th June 2022
Last date to print the application
02nd July 2022
June 2022 [4th week]
IDBI Executive Online Test Date
9th July 2022
IDBI Assistant Manager Online Test Date
23rd July 2022
IDBI Executive Exam Notification
As per the notification released by the Industrial Development Bank of India, the total number of vacancies is 1044, for which the eligible candidates can apply online on the official website. All the candidates should read the notification thoroughly before starting the application process.
The recruitment is for those who have completed their graduation degree with 55% marks (50% for SC/ST/PWD) and are trying to find employment within the Banking sector. The applicants should complete the education as of 1st April 2022. The candidate must have a minimum age of 20 years and maximum age of 25 years.
The applicants who fulfil the eligibility criteria can apply for the post of IDBI executive online. The candidates will be selected on the following basis:
Document verification for SC/ST/PWD
Medical fitness test
Know More – IDBI Executive Admit Card and Interview Call Letter
The IDBI Executive position is on a contract basis. The contract would initially be for 1 year, with the possibility of an extension for another 2 years based on satisfactory performance, completion of assigned mandatory e-learning certifications, and the availability of vacancies. After completing 3 years of contractual service, such appointees may be eligible for appointment as Assistant Manager (Grade A) in IDBI Bank through a selection process conducted by IDBI.
The vacancies in various categories divided by the government are listed below –
Assistant Manager Vacancies
The IDBI bank announced that this bank has 1044 vacancies for the executive post and 500 Assistant Managers vacant posts this year. Additionally, that IDBI has also introduced the EWS category for the vacancies this year. The vacant seats are divided into various categories based on the government’s decision.
Know More – IDBI Executive Exam Pattern and Syllabus
IDBI Executive Exam Dates
IDBI has invited online applicants for the Executive post on its official website. The vacancies are filled based on contracts at different IDBI branches. The IDBI Executive Exam will be held on 09th July 2022. Candidates are expected to have prepared thoroughly for the examination. IDBI Executive is a graduate-level exam that consists of a single online computer-based exam. This is a great opportunity for all candidates because they only need to pass one exam to get the job. Candidates should continue their preparation and bookmark this page to receive the most recent updates on the IDBI Executive exam.
The following is the tabular format of the exam dates –
Ans. The selection process for the position of IDBI Executive consists of three stages in total. Stage 1 is an objective type online test, followed by Stage 2 (document verification) and Stage 3 (pre-recruitment medical test).
Q.2 Does IDBI executive have an interview?
Ans. Candidates who pass the written exam will be invited for a personal interview. The number of applicants called for interviews will also be at the Bank’s discretion. During the interview, applicants can choose to answer questions in Hindi or English.
Q.3 What is the salary structure of an executive?
Ans. Every year, the salary structure increases, and it provides them with an enlightened career path. For the first year, the IDBI Executive salary is Rs. 29,000/- per month. The monthly salary for the second year is 31,000/-. The salary increase for the third year is 34,000/.
Q.4 I belong to the SC category. What is the age relaxation in IDBI Executive exam?
Ans. The age relaxation for the Scheduled Caste/Scheduled Tribe in the IDBI Executive exam is 5 years. The minimum age of the aspirant should be 20 and the age should not be more than 25 years old.
Q.5 Is there any application fee for the IDBI Executive exam?
Ans. The IDBI Executive application online 2022 will not be accepted unless the fees are paid. Fees can be paid using a variety of methods, including credit cards, debit cards, net banking, mobile wallets, and so on. The online registration fee for the SC/ST Category is Rs.200/-, while the fee for other categories is Rs.1000/- for the IDBI Executive 2022 application online process.
Q.6 If I’m in my final year of graduation, can I still apply for the exam?
Ans. Yes, candidates in their final year of graduation are permitted to take the exam. However, if they pass the written exam, they must provide proof of passing their final semester/year at the time of document verification.
Q.7 What is the EWS category that is being introduced?
Ans. The economically weaker section (EWS) is a section of Indian society that is unreserved and has an annual family income of less than 8 lakh rupees. The Indian government implemented a 10% reservation for people who do not fall into the ST/SC/OBC categories but fall into the unreserved category and meet the economically weaker section criteria.
Q.8 What are the stages of selection for the post of the executive?
Ans. Candidates will be chosen through an online test administered at various exam centres, followed by document verification and a pre-recruitment medical exam. Candidates who pass the written exam will be invited for a personal interview. The selected graduates will be hired on a three-year contract basis at various branches and offices.
Q.9 What is the age limit of the candidate to apply for the IDBI Executive exam?
Ans. The IDBI Executive exam has a minimum age limit of 20 years and a maximum age limit of 25 years. The specified maximum age limit applies to both General Category and Economically Weaker (EWS) candidates.
Q.10 When the results will release?
Ans. The bank has not yet released the IDBI Executive 2022 result date notification. The bank will announce the results of the examination within one month (or sooner) after the completion of the online examination.
Q.11 What is the starting date for Application 2022?
Ans. The online registration process for the IDBI Recruitment 2022 exam for Executive and Assistant Manager is currently closed as its deadline to apply online was 17th June 2022. The IDBI Bank Executive exam is scheduled for 09th July 2022, and the Assistant Manager exam is scheduled for 23rd July 2022.
Q.12 When is the exam date of the IDBI executive?
Ans. The IDBI Executive Exam Date 2022 has been published on its official website. The IDBI Executive Recruitment 2022 notification was issued on 01st June 2022, and the IDBI Executive Exam is scheduled for 09th July 2022.
Q.13 What are the cut-off marks for the wrongly answered question?
Ans. The exam is a computer-based test with only Objective Question Types. All questions will be answered in both English and Hindi. The exam will last 120 minutes and include 200 questions. The exam is worth 150 points, with a 0.25 point penalty for each incorrect answer.