IDBI Bank

IDBI Executive Exam 2022: Latest News, Eligibility, Salary & Vacancies

September 8, 2022

Table of Contents

Table of Contents

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. IDBI Bank Executive Recruitment 2022 is open to candidates aged 20 to 25 with a Graduate degree or equivalent qualification.

The online registration for the IDBI Executive Recruitment 2022 exam will be open until 17th June 2022. Candidates can apply online using the official portal of the bank, and they can get the official notification from the bank website.

The Applicants who hold a graduation degree from any reputed college in India are eligible to apply. IDBI has published the IDBI Recruitment 2022 Notification on its official website, announcing 1044 executive positions and 500 Assistant Manager Positions. The selection process of the bank is:

  1. Online test
  2. Document Verification
  3. Pre-recruitment Medical test

Latest Updates

  • Application start date: 3rd June 2022
  • Last date of application: 17th June 2022
  • Examination date: 09th July 2022
The recruitment is based on contract. 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 1044
Apply mode Online
Application fee For all others – 1000 (Application fee + Intimation charges)SC/ST/PWD – 200 (Intimation charges)
Payment mode Online
Location Pan India
IDBI Executive Online Test Date 09th July 2022
IDBI Assistant Manager Online Test Date 23rd July 2022
Official website https://www.idbibank.in/
Selection procedure Online Exam
Document Verification
Pre-recruitment Medical test
Age limit 20-25 years

About IDBI Executive Notification & News

IDBI has about 1044 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 need to go through the notification, which will be released by the IDBI organization for 2022. Before applying online for the position of IDBI Executive under IDBI Recruitment 2022, candidates must read all instructions thoroughly. 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.
Category Fee in rupees
SC/ST/PWD 200
For all Others 1000

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 cancelled due to the covid-19 pandemic. The application period for the position of IDBI Executive begins on 3rd June and ends on 17th June 2022. While the online written test for IDBI 2022-23 Assistant Manager Grade-A admission will be held on 23rd July 2022.

The important dates regarding IDBI Executive Exam Date 2022 are given below:
Event Dates
Online registration starts from 03rd June 2022
Last date to apply online 17th June 2022
Last Date of payment 17th June 2022
Last date to print the application 02nd July 2022
Admit card June 2022 [4th week]
IDBI Executive Online Test Date 9th July 2022
IDBI Assistant Manager Online Test Date 23rd July 2022
Results day Not yet declared

About Application fee

Category Fee in rupees
SC/ST/PWD 200 (INTIMATION CHARGES)
FOR ALL OTHERS 1000 (APPLICATION + INTIMATION CHARGES)
The application process and payment are both done online. All applicants need to visit the official website, 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 and 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. 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:

Nationality

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.

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.
  • The Cut-off date for eligibility criteria of Qualification is 1st April 2022.

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.
  • For EXS, ECOs/SSCOs (who have rendered at least 5 years of military service) have a relaxation of 5 years.
  • For Jammu & Kashmir Migrants, relaxation is of 5 years.

About IDBI Executive Vacancies

The IDBI bank announced that this bank has 1044 vacancies for the executive post and 500 Assistant Manager vacant post this year. The seats are divided into various categories as per the government directions and the table for this is given below:
Category Executive Vacancy Assistant Manager Vacancies
General 418 200
SC 175 121
ST 79 28
OBC 268 101
EWS 104 50
VI 10 5
HI 11 5
OH 10 5
MD/ID 10 5
Total 1044 500

About IDBI Executive Salary

This is contract-based recruitment which is of 3 years. The contract would initially be for one year, with the possibility of an extension for another two years on a year-to-year basis. 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.29,000/-
  • 2nd Year – Rs.31,000/-
  • 3rd Year – Rs.34,000/-

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

About Syllabus

IDBI executive exam 2022 syllabus: The exam is consists of following sections: English language, Quantitative aptitude, General awareness & Reasoning (verbal & non-verbal). The syllabus for the 3 sections is as follows:
VERBAL REASONING CLASSIFICATION, OPERATIONS OF MATHEMATICS, VENN DIAGRAMS, WORD SEQUENCE, MISSING CHARACTERS, SEQUENTIAL OUTPUT TRAINING, DIRECTIONS, TESTS ON ALPHABETS, ELIGIBILITY TEST, DATA SUFFICIENCY, ALPHA-NUMERIC SEQUENCE PUZZLE, PUZZLE TEST, BLOOD RELATION, CODING-DECODING, ANALOGY, SERIES COMPLETION, ASSERTION AND REASONING, ARITHMETICAL REASONING, DIRECTION SENSE TEST, SITUATION REACTION TEST.
NON-VERBAL REASONING SQUARES AND TRIANGLES, SERIES, COMPLETION OF SENTENCE, SPOTTING OF EMBEDDED FIGURES, CLASSIFICATION, RULES DETECTION, ANALYTICAL REASONING, PAPER FOLDING, PAPER CUTTING, CUBES AND DICE, WATER IMAGES, MIRROR IMAGES, DOT SITUATION, IDENTICAL FIGURE GROUPING, FIGURE MATRIX, FORMING FIGURE AND ANALYSIS.
ENGLISH LANGUAGE CLOZE TEST, ACE READING COMPREHENSION, ERROR SPOTTING, SENTENCE IMPROVEMENT, SENTENCE CORRECTION, PARA JUMBLE, FILL IN THE BLANKS, SYNONYMS & ANTONYMS, VOCABULARY, IDIOMS & PHRASES, COMPREHENSION PASSAGES.
QUANTITATIVE APTITUDE NUMBER SERIES, SIMPLIFICATION AND APPROXIMATION, QUADRATIC EQUATION, MENSURATION, DATA SUFFICIENCY,PROFIT LOSS AND DISCOUNT, RATIO & PROPORTIONS, AVERAGES, PROBLEMS ON TRAINS, TIME & WORK AND ENERGY, TIME AND DISTANCE, DATA INTERPRETATION, SIMPLE & COMPOUND INTEREST, PROBABILITY, RELATIONS, PERMUTATION AND COMBINATION.
GENERAL AWARENESS/ BANKING AWARENESS CURRENT AFFAIRS, BANKING AWARENESS, GK UPDATES, CURRENCIES, IMPORTANT PLACES, BOOKS AND AUTHORS, AWARDS, HEADQUARTERS, PRIME MINISTER SCHEMES, IMPORTANT DAYS.

About Exam Pattern

The online examination for IDBI Executive Recruitment 2022 consists of four sections of 200 multiple-choice questions with a time limit of two hours. Each incorrect answer will result in a 0.25 point deduction. The online test will consist of four sections which are: Reasoning, Quantitative aptitude, English language, and General/Economic/Banking awareness/Computer/IT.
Name of the subject No. of Questions Maximum marks Duration
REASONING (VERBAL & NON-VERBAL) 60 60 The duration of the online test will be 120 minutes
ENGLISH LANGUAGE 40 40
QUANTITATIVE APTITUDE 40 40
GENERAL/ BANKING AWARENESS 60 60
TOTAL 200 200

Know More – IDBI Executive Exam Pattern and Syllabus

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.

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. Know More – IDBI Executive Admit Card and Interview Call Letter

About IDBI Executive Exam Result

The online registration for IDBI Bank Executive Recruitment 2022 began on June 3rd and will end on June 17th, 2022. The deadline to apply online for 1044 executive positions is 17th June 2022. 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:

  • The candidates must log in to their accounts from the official website.
  • 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.
  • 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.
Know More – IDBI Executive Result & Cut-off Marks

How to apply for IDBI Executive Exam?

The notification for the IDBI Executive exam has been already released on the official website. Candidates can get the all the update regarding the exam from the website.

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 and click on the “careers/ current openings” tab. That link will be directed to another link “recruitment of executives on contract-2022” 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 after that, 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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FAQs

Q.1 What is the IDBI executive exam?

Ans. The Industrial Development Bank of India holds a recruitment exam for an Executive position every year. 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.

Q.2 Is IDBI Executive Exam tough?

Ans. Because IDBI is one of India’s most reputable banks, the level of examination can be difficult. Applicants must complete each section completely and carefully. It is critical to answer with focus and care, as incorrect answers will result in a deduction of marks.

Q.3 What is level of IDBI executive exam?

Ans. The IDBI executive 2022 selection process will include the following steps:
  • Online Test
  • Document Verification
  • Medical Examination
The Online Written Exam will be divided into four sections: Reasoning, English Language and Quantitative Aptitude, General/Economy/Banking Awareness/Computer/IT.

Q.4 Is the IDBI Executive Exam 2022 online or offline?

Ans. The exam will be an online test with only Objective Type Questions. For all questions, the answers will be available in English and Hindi. The exam will last 120 minutes and will contain 200 questions. The online test for IDBI Executive is going to be held on 09th July 2022.

Q.5 What is the maximum limit on age for the IDBI Executive exam?

Ans. IDBI Bank has set an age limit for candidates who wish to apply. The minimum age is 20 years old, and the maximum age is 25 years old. If a candidate is under the minimum age or over the maximum age limit, he or she will be unable to take the examination. The candidate’s age as of July 1, 2022, will be considered.

Q.6 What are the eligibility criteria for IDBI Executive Recruitment 2022?

Ans. To apply for Executive & Assistant Manager positions, the candidate must have a Graduation Degree from a recognized University or Institution with a minimum of 55 percent marks (50 percent for SC/ST/PWD). To be eligible to apply for IDBI bank Executive positions, candidates must be between the ages of 20 and 25.

Q.7 What is the selection process for IDBI Executive Recruitment 2022?

Ans. Aspirants will be chosen via an online test at various exam centres, followed by document verification and a pre-recruitment medical test. Candidates, who are successful in the written test would be called for a personal interview. The chosen graduates will be hired on a contract basis for three years at various branches and offices.

Q.8 Is the exam available in Hindi and other regional languages?

Ans. No, the paper will not be available in other regional languages. The exam will be an online test with only Objective Type Questions. For all questions, the answers will be available in English and Hindi. The exam will last 120 minutes and will contain 200 questions with four sections.

Q.9 Are the questions objective-type or essay-type?

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.

Q.10 I belong to the SC category. What is the age relaxation for me in the 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.11 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. The online registration fee for the SC/ST Category is Rs.200/-, while the other categories must pay Rs.1000/- for the IDBI Executive 2022 application process. Fees can be paid using a variety of methods, including credit card, debit card, net banking, mobile wallets, and so on.

Q.12 If I am 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.13 What is the EWS category? Why did the government introduce it?

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.14 What is the salary structure of an executive?

Ans. 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/-. Because of the contractual nature of the job profile, IDBI Executives are not entitled to emoluments and allowances.

Q.15 What are the stages of selection for the post of Executive?

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).

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