Home » Govt Exams » IDBI Recruitment 2023: Latest News, Eligibility, Salary & Vacancies
The Industrial Development Bank of India Limited (IDBI) is a full-service bank that provides several financial products and services. Customers can avail of loans, savings and deposit account services, investment options, and payment solutions through IDBI Bank. IDBI Bank posts job vacancies and openings for recruiting talented individuals yearly to fulfil the bank’s commitments and services. The candidates are chosen after rigorous testing through online examination. To apply for any position, interested candidates must first visit the IDBI Bank official website to get all the latest updates regarding vacancies. IDBI Recruitment Exam was conducted on 16th April, 2023.
In the IDBI recruitment 2022 drive, there were 1544 vacancies available. For this year, FY 2023-24, IDBI Bank recruitment will be open for application as soon as there are vacancies. Candidates should keep checking the official website to know the latest details.
IDBI Bank recruitment is open for two positions:
IDBI Recruitment – Exam Summary | |
Organisation | IDBI Bank |
Post Name | 1. Digital Banking & Emerging Payments (DB&EP) 2. Information Technology & MIS (IT &MIS) |
Vacancy | 1. DB & EP (Manager, Assistant general manager, and deputy general manager) – 51 vacancies 2. IT &MIS (Manager, Assistant general manager, and Deputy general manager) – 63 vacancies |
Exam Date | Notified via call letter |
Application Mode | Online |
Exam Mode | Offline |
Recruitment Process | The selection process involves group discussion and private interview |
Education Qualification | Manager – B.SC/ BCA/ B. Tech/BE and MBA Assistant General Manager – B.SC/ BCA/ B. Tech/BE and M.SC/ MBA Deputy General Manager – B.SC/ BCA/ B. Tech/BE and M.SC/ MBA |
Age Limit | Manager – Min-25 and Max-35 Assistant General Manager – Min-28 and Max-40 Deputy General Manager – Min-35 and Max-45 |
Salary | Manager – Grade B – Rs. 48170 to 69810 Assistant General Manager – Grade C – Rs. 63840 to 78230 Deputy General Manager – Rs. 76010 to Rs. 89890 |
Official website | https://www.idbibank.in |
IDBI recruitment – Exam Summary | |
Organisation | IDBI Bank |
Post Name | Assistant Manager |
Vacancy | 600 |
Exam Date | April 2023 (tentative) |
Application Mode | Online |
Exam Mode | Online |
Recruitment Process | The selection process involves an online test, document verification, personal interview, and pre-recruitment medical test. |
Education Qualification | Graduation from a recognised university |
Age Limit | Min – 21 and Max – 30 |
Salary | Assistant Manager Grade A – Rs. 36000 to Rs. 63840 |
Official website | https://www.idbibank.in |
Important events | Date |
IDBI recruitment Notification 2023 | 1st January 2023 |
Registration Start | 21st February 2023 |
Registration Ends | 12th March 2023 |
IDBI recruitment Admit Card release | Yet to be released |
IDBI recruitment Exam Date | Yet to be released |
IDBI recruitment Result | Yet to be released |
IDBI Bank recruitment Score Card | Yet to be released |
Important events | Date |
IDBI recruitment Notification 2023 | 1st January 2023 |
Registration Start | 17th February 2023 |
Registration Ends | 12th March 2023 |
IDBI recruitment Admit Card release | 5th April 2023 |
IDBI recruitment Exam Date | 16th April 2023 |
IDBI recruitment Result | Yet to be released |
IDBI recruitment Score Card | Yet to be released |
Before applying for the open positions, candidates must ensure that they meet the eligibility criteria. Only those who meet the criteria will be notified via a call letter to appear for the examination. For positions involving online tests, the results of the online tests, along with the eligibility criteria, will be taken into consideration before sending a call letter for IDBI Bank recruitment 2023.
The age requirement for IDBI Bank recruitment for open positions depends on the position. You should carefully go through the requirements before applying. The age requirement must be met as of 1st January 2023.
Vacancy | Post | Age Requirement |
Specialist Cadre Officers | Manager Grade B | Minimum – 25 years Maximum 35 years |
Assistant General Manager Grade C | Minimum – 28 years Maximum – 40 years | |
Deputy General Manager Grade D | Minimum – 35 years Maximum – 45 years | |
Assistant Manager | Assistant Manager Grade A | Minimum – 21 years Maximum – 30 years |
Candidates who want age relaxation must provide valid certifications and documents during recruitment. Relaxation for the upper age limit provided is as follows:
Category | Age Relaxation |
Scheduled caste/ scheduled tribe | 5 years |
Other backward classes non-creamy layer (NCL) | 3 years |
Persons with benchmark disabilities as per “The Rights of Persons with Disabilities Act, 2016.” | 10 years |
Ex-Servicemen, Commissioned Officers such as Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) with at least 5 years of service in the military. Relaxation is applicable only for those who are released after assignment completion. (Also extends to those people with an assignment to be completed within one year from the date of application receipt) | 5 years |
People affected by the 1984 riots | 5 years |
For IDBI executive recruitment, the candidate should have a valid degree from any recognised institution. The qualification requirement is as follows:
Vacancy | Post | Educational Qualification |
Specialist Cadre Officers | Manager Grade B | BCA/BSC (IT)/ B.Tech/ BE (in IT/Electronics & Communication/ Software Engineering/ Electronics, & Electrical/ Electronics/ Computer Science) and MBA in (Finance/ Marketing/IT) |
Assistant General Manager Grade C | BCA/BSC (IT)/ B.Tech/ BE (in IT/Electronics & Communication/ Software Engineering/ Electronics, & Electrical/ Electronics/ Computer Science) and MSC (IT)/ MCA/ M. Tech/ ME in (in IT/Electronics & Communication/ Software Engineering/ Electronics, & Electrical/ Electronics/ Computer Science) Or BCA/BSC (IT)/ B.Tech/ BE (in IT/Electronics & Communication/ Software Engineering/ Electronics, & Electrical/ Electronics/ Computer Science) and MBA in (Finance/ Marketing/IT) | |
Deputy General Manager Grade D | BCA/BSC (IT)/ B.Tech/ BE (in IT/Electronics & Communication/ Software Engineering/ Electronics, & Electrical/ Electronics/ Computer Science) and MSC (IT)/ MCA/ M. Tech/ ME in (in IT/Electronics & Communication/ Software Engineering/ Electronics, & Electrical/ Electronics/ Computer Science) Or BCA/BSC (IT)/ B.Tech/ BE (in IT/Electronics & Communication/ Software Engineering/ Electronics, & Electrical/ Electronics/ Computer Science) and MBA in (Finance/ Marketing/IT) | |
Assistant Manager | Assistant Manager Grade A | Graduation degree from a recognised university (recognised or approved by government bodies). Those who have passed only a diploma course will not be considered eligible. Must be a graduate as of 1st January 2023 before registration. |
To Apply for IDBI Bank vacancy 2023, the candidate can be
For IDBI bank recruitment vacancies, candidates must apply only for one of the posts according to their eligibility criteria. The application must be submitted online using the online application form. Before applying, candidates must verify that all the information provided is accurate. Supporting documents and proof must also be submitted as and when needed.
The online application process will be considered complete only if the candidate completes the payment of fees. The fees can be paid online on or before the last date for fee payment and registration.
Here are the details regarding the application fees:
Applicant Category | Application Fees |
SC/ST | Rs. 200 (including GST – intimation charges only applicable) |
General, EWS, & OBC | Rs. 1000 (including GST – includes application fee, and intimation charges) |
The payment of application fees is considered final. Even if the person wants to withdraw the application, the paid application fees will not be refunded under any circumstances. Also, the payment of the application fee will not guarantee that the spot is reserved for future recruitment selection. It is the responsibility of the candidates to ensure that they meet the eligibility criteria before making the application fee payment.
If there are any transaction charges for the payment of application fees, those charges must be paid by the candidate. It is not included in the application fee. Candidates can choose any payment option available at the time of submitting the online application.
IDBI Bank recruitment application is available online to ensure a seamless application process. Candidates who wish to apply for the vacancy should go to the official IDBI Bank website and use the online link to apply for the appropriate vacancies.
Following are the steps to be followed:
Once applied online, candidates should wait for the Special Cadre Officers recruitment call letter. For assistant managers, candidates will receive application notification and invite to attend the online test.
The IDBI Bank recruitment for the position of Assistant Manager involves an online test. It is the first step of the selection process. Candidates eligible to attend the online test must carry the IDBI recruitment admit card to the designated exam centre. The exam centre should be selected at the time of admission.
The IDBI recruitment admit card must be downloaded online and printed to be carried to the exam centre. It will contain all the details related to the schedule of the online test. For the year 2023, the admit card is yet to be released.
Candidates who have successfully completed the online application after fee payment will receive a call letter notification with the scheduled date, time, and venue of the exam. The admit card can be downloaded from the official website of IDBI. To download the admit card, candidates must provide the registration number and date of birth.
The exam centre details for the year 2023-2024 are yet to be announced. However, the IDBI executive recruitment 2022 exam centre details are available:
States/UT | City |
Andaman & Nicobar Island | Port Blair |
Andhra Pradesh | Chirala Chittoor Eluru Guntur Kadapa Kakinada Kurnool Nellore Ongole Rajahmundry Srikakulam Tirupati Vijayawada Visakhapatnam Vizianagaram |
Arunachal Pradesh | Naharlagun |
Assam | Dibrugarh Guwahati Jorhat Silchar Tezpur |
Bihar | Arrah Aurangabad(Bihar) Bhagalpur Darbhanga Gaya Muzaffarpur Patna Purnea |
Chandigarh | Chandigarh |
Chhattisgarh | Bhilai Nagar Bilaspur Raipur |
Delhi NCR | Delhi & New Delhi |
Goa | Panaji |
Gujarat | Ahmedabad Anand Gandhinagar Himmatnagar Jamnagar Mehsana Rajkot Surat Vadodara |
Haryana | Ambala Faridabad Gurugram Hisar Karnal Kurukshetra Panipat Yamuna Nagar |
Himachal Pradesh | Bilaspur Hamirpur Kangra Kullu Mandi Shimla Solan Una |
Jammu & Kashmir | Jammu Samba Srinagar |
Jharkhand | Bokaro steel city Dhanbad Hazaribagh Jamshedpur Ranchi |
Karnataka | Bengaluru Belgaum Bidar Davangere Dharwad Gulbarga Hassan Hubli Mandya Mangalore Mysore Shimoga Udupi |
Kerala | Alappuzha Kannur Kochi Kollam Kottayam Kozhikode Malappuram Palakkad Thiruvananthapuram Thrichur |
Lakshadweep | Kavaratti |
Madhya Pradesh | Bhopal Gwalior Indore Jabalpur Sagar Satna Ujjain |
Maharashtra | Amravati Aurangabad(Maharashtra) Chandrapur Dhule Jalgaon Kolhapur Latur Mumbai/Thane/Navi Mumbai Nagpur Nanded Nashik Pune Ratnagiri Solapur |
Manipur | Imphal |
Meghalaya | Shillong |
Mizoram | Aizawl |
Nagaland | Kohima |
Odisha | Balasore Berhampur(Ganjam) Bhubaneshwar Cuttack Dhenkanal Rourkela Sambalpur |
Puducherry | Puducherry |
Punjab | Amritsar Bhatinda Fategarh Sahib Jalandhar Ludhiana Mohali Pathankot Patiala Sangrur |
Rajasthan | Ajmer Alwar Bikaner Jaipur Jodhpur Kota Sikar Udaipur |
Sikkim | Bardang Gangtok |
Tamil Nadu | Chennai Coimbatore Erode Madurai Nagercoil Salem Thanjavur Tiruchirapalli Tirunelveli Vellore Virudhunagar |
Telangana | Hyderabad Karimnagar Khammam Warangal |
Tripura | Agartala |
Uttar Pradesh | Agra Aligarh Prayagraj (Allahabad) Banda Bareilly Faizabad Ghaziabad Gonda Gorakhpur Jhansi Kanpur Lucknow Mathura Meerut Moradabad Muzaffarnagar Noida / Greater Noida Sitapur Varanasi |
Uttarakhand | Dehradun Haldwani Roorkee |
West Bengal | Asansol Durgapur Greater Kolkata Hooghly Kalyani Siliguri |
The IDBI Bank recruitment for the Assistant Manager vacancy involves an online test (OT). The tests are available in English and Hindi languages. To pass the test, the candidates must secure the minimum cut-off marks in each section. The bank determines these cut-off marks. For each wrong answer, 0.25 marks will be deducted as a penalty. If the question is left unanswered, there will be no penalty marking.
The online test is structured as follows,
Section | No. Of Questions | Maximum Marks | Duration |
Logical Reasoning, Data Analysis & Interpretation | 60 | 60 | Total time of 2 hours |
English language | 40 | 40 | |
Quantitative aptitude | 40 | 40 | |
General/ economy/ banking awareness/ computer/ IT | 60 | 60 | |
Total | 200 | 200 |
The recruitment syllabus for 2023 will follow the IDBI bank recruitment 2022 syllabus. The questions will be formed from verbal reasoning and non-verbal reasoning categories. For English language paper, candidates must learn about sentence structures, reading comprehension, etc. The quantitative aptitude section will test the candidate’s analytical abilities and mathematical abilities. Those who wish to apply for IDBI Bank recruitment must keep themselves updated about current affairs and banking awareness to answer the last section in the online test.
Logical Reasoning, Data Analysis & Interpretation | Classification Operations of Mathematics Venn Diagram Word Sequence Missing Characters Sequential Output Training Directions Test on Alphabets Eligibility Test Data Sufficiency Alpha-Numeric Sequence Puzzle Puzzle Test Blood Relations Coding-Decoding Analogy Series Completion Verification of truth of Statement Situation Reaction Test Direction Sense Test Assertion & Reasoning Arithmetical Reasoning Construction of Squares & Triangles Series Completion of Sentences Spotting embedded figures Classification Rule Detection Analytical Reasoning Paper Folding Paper Cutting Cubes & Dices Water Images Mirror Images Dot Situation Identical Figure Groupings Forming figures and analysis Figure matrix |
English language | Cloze test Ace Reading Comprehension Error Spotting Sentence Improvement Sentence Correction Para jumble Fill in the blanks Para/Sentence Completion |
Quantitative Aptitude | Number series Data Interpretation Simplification and approximation Quadratic Equation Data Sufficiency Average Profit loss & Discount Ratio and Proportion Time & Work and Energy Time and Distance Probability Relations Simple interest & Compound Interest Permutation & Combination |
General/Economy/Banking Awareness/ Computer/IT | Current Affairs Banking Awareness GK Updates Currencies Important Places Books and Authors Awards Headquarters Prime Minister Schemes Important Days |
The pay scale varies based on the post and work experience of the candidates. The basic pay for a Grade A assistant manager is Rs. 36,000 per month. For Grade B Manager, pay starts at Rs. 48170 per month. Grade C Assistant General Manager and Grade D Deputy General Manager will earn Rs. 63840 and Rs. 76010 based on their eligibility. The pay scale will vary as the candidate gains more experience on the job.
The IDBI Bank recruitment pattern and syllabus are known to the candidates well in advance. The online test is 2 hours long and includes various multiple-choice questions. The questions will be based on multiple topics, and adequate preparation is crucial to ensure that candidates answer them properly. Some of the tips that can help in preparation are:
The average monthly pay at IDBI Bank Ltd. is between 11,343 and 80,743 rupees for customer service representatives and back office executives, respectively.
The applicants must hold a graduate degree in any field from a university that is approved by the government in order to be eligible for the IDBI Executive Recruitment 2023.
The overall difficulty level for the 90-minute IDBI Executive test ranged from Easy to Moderate.
For the IDBI Assistant Manager Recruitment 2023, the applicant must be between the ages of 21 and 28 and possess a graduate degree from an accredited institution.