IDBI Bank

IDBI Executive Exam Dates, Fees, Eligibility & Notification

IDBI Bank
IDBI Executive Exam Dates, Fees, Eligibility & Notification
August 24, 2021
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About IDBI Executive Exam Overview:

The IDBI (Industrial Development Bank of India) Executive exam is a single-stage exam. This exam is to recruit Executives across all IDBI branches across the nation. The IDBI releases the notification in April every year. But, due to the covid pandemic, the IDBI had delayed the release of the notification 2021.

The IDBI will be releasing the official notification soon. Candidates can apply online using the official portal of the bank, and they can get the official notification from the bank website: www.idbi.com.

The Applicants who hold a graduation degree from any reputed college in India are eligible to apply. We can expect around 200 to 300 vacancies this year (2021). The selection process of the bank is:

  1. Online test
  2. Medical test

The applicant must be between ages 20 to 25.

Table of Contents

The recruitment is based on contract. On the other hand, the contract is for three years. After the completion of the contract, the bank conducts an internal exam. This exam is conducted for the applicants to make their jobs permanent. The internal exam is a compulsory exam for the applicants who applied for the post of Executive. The applicants must pass the internal exam to be in that post.

The IDBI executive overview contains details about the exam, important dates, vacancies, syllabus, & application fee.

IDBI Executive overview is as follows:

IDBI Executive Overview
Name of the organization IDBI (Industrial Development Bank of India)
Recruiting for the post IDBI Executive
Type of Recruitment Contract-Based
Total vacancies 200 to 300
Apply mode Online
Application fee For all others – 700 (Application fee + Intimation charges)SC/ST/PWD – 150 (Intimation charges)
Payment mode Online
Location Pan India
Exam date Yet to release
Result date Yet to release
Official website www.idbi.com
Selection procedure 1. Online Exam2. Medical Test
Age limit 20-25 years

About IDBI Executive Notification & news:

IDBI has about 300 vacancies this year. The candidates who completed their graduation can apply to the IDBI executive post online through the official website. Before applying to the IDBI Executive post, the candidates must go through the notification, which will be released by the IDBI organization for 2021. In the meantime, the candidates can go through the previous year (2019) notification about the application process & selection process.

 

The applicants who fulfill the eligibility criteria can apply for the post online. The selection process of the bank is as follows:

  1. Online test
  2. Medical fitness test
  3. Personal interview

The selected candidates need to sign a bond (Contract) which is of 3 years. After that, the contract will expire, the IDBI will conduct an internal exam for the selected candidates to make their jobs permanent. The internal exam is a must and should write the exam for the executives.

In the meantime, all the applicants are requested to prepare well for the exam instead of waiting for the official notification. The IDBI will release the official notification containing the eligibility criteria, Important Dates, Age Limit, Fee & Application process. The online test will be commencing soon.

IDBI Executive Overview: Application fee
Category Fee in rupees
SC/ST/PWD 150
For all Others 700

About IDBI Executive Exam Dates:

The IDBI Executive exam is a single-stage exam conducted by IDBI (Industrial Development Bank of India). In 2020, the IDBI executive exam got canceled due to the covid-19 pandemic. So, the 2021 official notification got delayed and it has to be released by April. Therefore the exam date and all other dates are delayed.

When the notification is released by the bank the tentative important dates for the exam will be as follows (these dates are based on the previous exam (IDBI executive exam-2019))

Event Tentative dates/months Based on the 2019 Exam
Online registration starts from Yet to declare April 1st week
The Last date Yet to declare April 3rd week
Date of payment Yet to declare Between 1st &3rd week
Pre-screening of SC/ST/PWD Yet to declare April last week to May 1st week
Admit card Yet to declare May 1st week
Online test Yet to declare May 3rd week
Results day Yet to declare June 2nd week

 

About Application fee:

Category Fee in rupees.
SC/ST/PWD 150(INTIMATION CHARGES)
FOR ALL OTHERS 700(APPLICATION + INTIMATION CHARGES)

The application process and payment are both done online. All applicants need to visit the official website (www.idbi.com), click on “CAREERS/CURRENT OPENINGS” and click on APPLY online. A new registration page will open and the applicants need to fill in all the basic details like name, mobile number, email id.

 

After the final submission page, the payment page appears and then proceed for payment. The applicants must check the complete details that they provided and choose payment online mode only. Because once the payment is chosen, the applicants can’t go back to change the mode of payment. Likewise, the payment can be made by using Debit cards, Credit cards, Internet banking & mobile wallets.

 

After submitting the payment, an e-receipt is generated. In addition to that, the applicants are advised to take a printout of the e-receipt. That e-receipt should be submitted during the document verification process. If the e-receipt is not generated, the payment is failed. The applicant needs to pay the fee again using their provisional registration number and password and repeat the payment process.

 

Eligibility Criteria for IDBI Executive Exam:

Applicants are requested to check the conditions for the eligibility of the IDBI Executive exam before filling the application form. However, any government exam will have 3 common parts for eligibility, they are:

  1. Nationality:

Firstly, the candidate must be either:

  • A citizen of India
  • A Subject of Bhutan
  • A subject of Nepal
  • A Tibetan refugee who came to India before 1st Jan 1962 to permanently settle in India.
  • A person of Indian origin who migrated from Myanmar, Pakistan, Sri Lanka, East African countries to settle in India permanently.

 

  1. Education Qualification:
  • The candidate should be a graduate of any reputed college of India with 65%. The SC/ST/PWD candidates can apply if they have 55%.
  • Similarly, the candidates pursuing their final year can also apply for the examination only if they can show the educational proof as in the graduation certificate during the document verification.

 

  1. Age limit:

The applicants willing to apply for the IDBI Executive post should have a minimum age between 20 to 25 years.

Meanwhile, there is also age relaxation provided by IDBI for SC/ST/PWD/OBC, they are:

  • The applicants who belong to OBC have a relaxation of 3 years.
  • Those who belong to SC/ST have a relaxation of 5 years.
  • Those who have the proper benchmark of disabilities have a relaxation of 10 years.

 

About IDBI Executive Vacancies:

 

The IDBI bank announced that this bank has 309 vacancies for the executive post this year. The IDBI has the same number of vacancies in 2019. In addition to that, IDBI has also introduced the EWS category for the vacancies this year (2021). The seats are divided into various categories as per the government directions, IDBI executive overview: Vacancies

Category Vacancy
General 137
SC 45
ST 22
OBC 81
EWS 15
PWD 9
TOTAL 309

 

About IDBI Executive Salary:

This is contract-based recruitment which is of 3 years. On the other hand, the recruitment is based on the contract for 1 year. After one year the contract is reviewed for an extension on a year to year for a period of 2 years. These 3 years contracts will have satisfactory performance, vacancies, and completion of learning certificate. After 3 years the candidates will be eligible for an appointment as assistant manager Grade-A.

The IDBI Executive officer will be paid remuneration as follows:

  • 1st Year – Rs: 22,000/-
  • 2nd Year – Rs: 24,000/-
  • 3rd Year – Rs: 27,000/-

However, the Executive officers are not allowed to draw any allowances such as DA HRA.

 

About Syllabus:

IDBI executive exam 2021 syllabus: Firstly, the exam consists of 3 sections: English language, Quantitative aptitude, & Reasoning (verbal & non-verbal). The syllabus for the 3 sections are as follows:

IDBI Executive overview syllabus:
VERBAL REASONING CLASSIFICATION, OPERATIONS OF MATHEMATICS, VENN DIAGRAMS, WORD SEQUENCE, MISSING CHARACTERS, SEQUENTIAL OUTPUT TRAINING, DIRECTION, DATA SUFFICIENCY, ALPHANUMERIC SEQUENCE PUZZLE, BLOOD RELATION, CODING-DECODING, ANALOGY, ASSERTION, AND REASONING, ARITHMETICAL REASONING.
NON- VERBAL REASONING SQUARES AND TRIANGLES, CLASSIFICATION, RULES DETECTION, ANALYTICAL REASONING, CUBES, DICE, MIRROR IMAGES, DOT SITUATION, IDENTICAL FIGURE GROUPING,
ENGLISH LANGUAGE FILL IN THE BLANKS, SYNONYMS & ANTONYMS, VOCABULARY, IDIOMS & PHRASES, COMPREHENSION PASSAGES.
QUANTITATIVE APTITUDE NUMBER SYSTEM, DECIMALS & FRACTIONS, PERCENTAGES, RATIO & PROPORTIONS, AVERAGES, PROBLEMS ON AGES, PROBLEMS ON TRAINS. TIME & WORK, MIXTURE & ALLEGATIONS. HDF & LCM, DATA INTERPRETATION, SIMPLE & COMPOUND INTEREST.

 

About Exam pattern:

IDBI Executive exam is conducted only through online mode. After the completion of the exam, the applicants will be selected based on their performance in the online test. On the other hand, the exam contains three sections, they are:

  1. Reasoning
  2. English language
  3. Quantitative aptitude

Meanwhile, the duration of the exam is 90 min and in addition to that, the exam contains a sectional time limit which means when the time completes 30 min the system will automatically change to the 2nd section and so on.

The sections are divided as follows:

Name of the subject No. of Questions Maximum marks Duration
REASONING (VERBAL & NON- VERBAL) 50 50 The Composite time limit of 90 minutes
ENGLISH LANGUAGE 50 50
QUANTITATIVE APTITUDE 50 50
TOTAL 150 150

 

About Admit card:

Once the applicant applies for the post, the verification process starts for SC/ST/PWD. After the application is accepted by the bank,  the bank will release the admit card for the eligible candidates. The candidates can download the admit card from the official website (www.idbi.com).

Above all, the admit card will have the details like exam center, exam date, hall ticket number, and personal information. Most importantly, the candidate needs to carry admit card to the exam center to enter the exam hall.

Without the admit card the candidate is not allowed inside the exam hall. In the same vein, the candidates are also advised to carry id proof along with the admit card on the day of the exam. The candidates can get the admit card 10 days before the exam.

 

About IDBI Executive Exam Result:

As of now, the exam notification for 2021 is not yet released. Once the official notification is out, then the important dates will be declared. The notification includes: the start date of application, the last date to apply, pre-screening for SC/ST/PWD, admit card, and Result date will be announced. Similarly, when the exam is conducted, the candidates can expect the results after 15 to 20 days from the completion of the online exam.

The candidates can use the following steps to view or download the results:

  • Firstly, the candidates must log in to their accounts from the official website idbi.com.
  • Secondly, in the portal/website, the candidates can find results and click on results.
  • Once the results link opens, the candidate must enter the registration number and password/ date of birth to log in to the portal and can download the results. The candidates are provided with the registration number and password or date of birth for checking the IDBI Executive results.
  • Finally, after providing information click on submit. The Final link will provide you the results of the exam. In the same link, the candidate can download the results. The candidates can keep a hard copy of the results.
  • For the next round, the candidates who cleared the online exam should bring the results card along with the admit card to the interview process.
  • Meanwhile, before the physical interview, the candidate who cleared the online test should appear for document verification (only for SC/ST/PWD) and medical tests.

 

How to apply for IDBI Executive Exam:

The notification for the IDBI Executive exam is going to release soon, candidates are requested not to waste time waiting for the notification. Candidates can get the update for notification from the website www.idbi.com.

The application is available on the website and the candidates can apply by following some steps:

Part-1

  • The applicants must visit the official webpage of IDBI: idbi.com and click on the “careers/ current openings” tab. That link will be directed to another link “recruitment of executives on contract-2021” there you need to click on apply online option.
  • You are going to be directed to a different page where you need to click on “click here for new registration” a new page will open and there you need to enter your details and a new provisional registration number and password are going to be generated and they are sent to your registered mobile number.
  • With the credentials, you will log in to the website to fill the application whenever you have got time until the last date of application.
  • In the subsequent stage, you have got to fill in all the details related to your personal information, like parents’ details, etc. You may need to verify and save the details and move to the subsequent part by clicking the save and next button.

Part-2

  • After all the personal details have been entered, you are required to upload your recent passport photograph and signature in keeping with the specification given by the bank.
  • Preview your application form before finally applying for the post.
  • After the preview, you will be able to submit the form by clicking on the final submit tab.
  • After completion of all the processes, click on the payment tab on the next page and proceed for payment. The candidates are requested to take care of the payment mode. Once the payment mode is chosen and details are entered, the candidate can’t go back to the payment page.
  • After completion of payment, the candidate must save the payment receipt and should take a printout of that receipt because it has to be brought along with other documents while the pre-screening process is done.
  • Finally, click submit button to save the details.
  • The candidate must wait for 15 days for the admit card.

 

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FAQ’s

Q. Is the IDBI executive exam online or offline?

A. The exam is online mode only.

Q.Is the exam available in Hindi and other regional languages?

A. The exam is conducted in bilingual mode i.e., in English and Hindi languages. No other languages are allowed within the exam.

Q. What is the age limit of the candidate to apply for the IDBI Executive exam?

A. The minimum age limit to apply for IDBI executive exam is 20 years and the maximum age limit is 25 years.

Q. Are the questions objective-type or essay-type?

A. The questions are objective type only. There will be a choice of answers with only one correct answer to every question that is to be marked within the answer sheet.

Q. I belong to the SC category. What is the age relaxation for me in the IDBI Executive exam?

A. There is a 5 years relaxation for candidates who belong to the SC category.

Q. Is there any application fee for the IDBI Executive exam?

A. Yes, for SC/ST/PWD the application fee is Rs. 150/- and for all other categories, the application fee is Rs. 700/-

Q.IF I’m in my final year of graduation, can I still apply for the exam?

Yes, candidates who are in their final year of graduation are allowed to give the exam, based on conditions. They have to submit proof that they are in the final year of their respective college.

Recently asked questions

Q. What is the EWS category? Why did the government introduce it?

A. A new category EWS (economically weaker section) introduced by the government. That provides 10% reservation in higher education and government jobs of those who belong to the general category but their annual income is less than 8 lakhs.

Q. What is the salary structure of an executive?

A. The salary of an executive varies according to the year of the contract. If changes as per the year as follows: 1st year Rs:22,000/- pm, 2nd year Rs:24,000/-pm, 3rd year Rs:27,000/-pm. However, benefits/allowances are not given to the executive.

Q. What are the stages of selection for the post of Executive?

A. There are 3 stages in total for the selection of IDBI executives, they are 1. Online test, 2. Document verification & 3. Medical fitness test.

Q. What are the details provided in the admit card?

A. Details like Name of the candidate, Roll number. Candidate’s date of birth, Category of the candidate, Exam date, Exam venue, Timings of the exam, Reporting time, Entry closing time, etc.

Q. When the admit card will release?

A. The IDBI bank will release admit card 2021 on August 2nd week. They have given the exam date which is on 5th September. Therefore, the admit card will release 10 days before the exam. All the applicants must carry this admit card to enter the exam hall.

Q. What is the importance of downloading Admit card?

A. All the applicants who are appearing for the exam must carry a hard copy of the admit card as it’s mandatory. Because it contains all the details of the exam and candidate. The candidate must bring the admit card to enter the exam hall.

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