IDBI Bank

IDBI Recruitment 2023: Latest News, Eligibility, Salary & Vacancies

May 15, 2023

Table of Contents

Table of Contents

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.

IDBI Recruitment
Final-Detailed-Advt-Spl-23-24

IDBI Recruitment Summary

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:

  1. Recruitment of specialist cadre officers
  2. Recruitment of assistant manager

Specialist Cadre Officers

IDBI Recruitment – Exam Summary
OrganisationIDBI Bank
Post Name1. Digital Banking & Emerging Payments (DB&EP)
2. Information Technology & MIS (IT &MIS)
Vacancy1.  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 DateNotified via call letter
Application ModeOnline
Exam ModeOffline
Recruitment ProcessThe selection process involves group discussion and private interview
Education QualificationManager – 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 LimitManager – Min-25 and Max-35
Assistant General Manager – Min-28 and Max-40
Deputy General Manager – Min-35 and Max-45
SalaryManager – Grade B – Rs. 48170 to 69810
Assistant General Manager – Grade C – Rs. 63840 to 78230
Deputy General Manager – Rs. 76010 to Rs. 89890
Official websitehttps://www.idbibank.in

Assistant Manager

IDBI recruitment – Exam Summary
OrganisationIDBI Bank
Post NameAssistant Manager
Vacancy600
Exam Date April 2023 (tentative)
Application ModeOnline
Exam ModeOnline
Recruitment ProcessThe selection process involves an online test, document verification, personal interview, and pre-recruitment medical test. 
Education QualificationGraduation from a recognised university
Age LimitMin – 21 and Max – 30
SalaryAssistant Manager Grade A – Rs. 36000 to Rs. 63840
Official websitehttps://www.idbibank.in

IDBI Recruitment Important Dates

Special Cadre Officers

Important eventsDate
IDBI recruitment Notification 20231st January 2023
Registration Start21st February 2023
Registration Ends12th 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 CardYet to be released

Assistant Manager

Important eventsDate
IDBI recruitment Notification 20231st January 2023
Registration Start17th February 2023
Registration Ends12th 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 CardYet to be released

IDBI Bank Recruitment Eligibility

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. 

Age

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.

VacancyPostAge Requirement
Specialist Cadre OfficersManager Grade BMinimum – 25 years Maximum 35 years
Assistant General Manager Grade CMinimum – 28 years Maximum – 40 years
Deputy General Manager Grade DMinimum – 35 years Maximum – 45 years
Assistant ManagerAssistant Manager Grade AMinimum – 21 years Maximum – 30 years

Age Relaxation

Candidates who want age relaxation must provide valid certifications and documents during recruitment.  Relaxation for the upper age limit provided is as follows:

CategoryAge Relaxation
Scheduled caste/ scheduled tribe5 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 riots5 years

Qualification

For IDBI executive recruitment, the candidate should have a valid degree from any recognised institution.  The qualification requirement is as follows:

VacancyPostEducational Qualification
Specialist Cadre OfficersManager Grade BBCA/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 CBCA/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 DBCA/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 ManagerAssistant Manager Grade AGraduation 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.

Nationality/ Citizenship

To Apply for IDBI Bank vacancy 2023, the candidate can be

  1. An Indian citizen.
  2. From Nepal/ Bhutan.
  3. Tibetan Refugee (came to India before 1st January 1962) to settle permanently in India.
  4. Person of Indian origin (migrated from Pakistan, Myanmar, Sri Lanka, East African countries, and Vietnam) to settle permanently in India.
  5. A person with a certificate of eligibility provided by the government of India.

IDBI Bank Recruitment Application

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.

Application Fees

Here are the details regarding the application fees:

Applicant CategoryApplication Fees
SC/STRs. 200 (including GST – intimation charges only applicable)
General, EWS, & OBCRs. 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.

Application steps

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:

  • Step 1 – Go to the official website, https://www.idbibank.in.
  • Step 2 – On the home page, click Careers -> Current Openings.
  • Step 3: Click on “Recruitment of Special Officers” or “Recruitment of Assistant Manager” based on eligibility fulfilment.
  • Step 4: Candidates must register a new free online account or log in using an existing account/
  • Step 5: Fill in all the details, including personal, educational, etc.
  • Step 6: In the required space, upload a photo, signature, thumb impression, scribe declaration or hand-written declaration, whichever is applicable.
  • Step 7: Pay the application fee to submit the application successfully.
  • Step 8: Print the application receipt.

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.

IDBI Bank Recruitment Admit card

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.

Admit card details

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. 

Exam centre details

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/UTCity
Andaman & Nicobar IslandPort Blair
Andhra PradeshChirala Chittoor Eluru Guntur Kadapa Kakinada Kurnool Nellore Ongole Rajahmundry Srikakulam Tirupati Vijayawada Visakhapatnam Vizianagaram
Arunachal PradeshNaharlagun
AssamDibrugarh Guwahati Jorhat Silchar Tezpur
BiharArrah Aurangabad(Bihar) Bhagalpur Darbhanga Gaya Muzaffarpur Patna Purnea
ChandigarhChandigarh
ChhattisgarhBhilai Nagar Bilaspur Raipur
Delhi NCRDelhi & New Delhi
GoaPanaji
GujaratAhmedabad Anand Gandhinagar Himmatnagar Jamnagar Mehsana Rajkot Surat Vadodara
HaryanaAmbala Faridabad Gurugram Hisar Karnal Kurukshetra Panipat Yamuna Nagar
Himachal PradeshBilaspur Hamirpur Kangra Kullu Mandi Shimla Solan Una
Jammu & Kashmir Jammu Samba Srinagar
JharkhandBokaro steel city Dhanbad Hazaribagh Jamshedpur Ranchi
KarnatakaBengaluru Belgaum Bidar Davangere Dharwad Gulbarga Hassan Hubli Mandya Mangalore Mysore Shimoga Udupi
KeralaAlappuzha Kannur Kochi Kollam Kottayam Kozhikode Malappuram Palakkad Thiruvananthapuram Thrichur
LakshadweepKavaratti
Madhya PradeshBhopal Gwalior Indore Jabalpur Sagar Satna Ujjain
MaharashtraAmravati Aurangabad(Maharashtra) Chandrapur Dhule Jalgaon Kolhapur Latur Mumbai/Thane/Navi Mumbai Nagpur Nanded Nashik Pune Ratnagiri Solapur
ManipurImphal
Meghalaya  Shillong  
MizoramAizawl 
Nagaland Kohima
OdishaBalasore Berhampur(Ganjam) Bhubaneshwar Cuttack Dhenkanal Rourkela Sambalpur
PuducherryPuducherry
PunjabAmritsar Bhatinda Fategarh Sahib Jalandhar Ludhiana Mohali Pathankot Patiala Sangrur
RajasthanAjmer Alwar Bikaner Jaipur Jodhpur Kota Sikar Udaipur
SikkimBardang Gangtok
Tamil NaduChennai Coimbatore Erode Madurai Nagercoil Salem Thanjavur Tiruchirapalli Tirunelveli Vellore Virudhunagar
TelanganaHyderabad Karimnagar Khammam Warangal
TripuraAgartala
Uttar PradeshAgra Aligarh Prayagraj (Allahabad) Banda Bareilly Faizabad Ghaziabad Gonda Gorakhpur Jhansi Kanpur Lucknow Mathura Meerut Moradabad Muzaffarnagar Noida / Greater Noida Sitapur Varanasi
UttarakhandDehradun Haldwani Roorkee
West BengalAsansol Durgapur Greater Kolkata Hooghly Kalyani Siliguri

IDBI Bank Recruitment Exam Pattern

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,

SectionNo.  Of QuestionsMaximum MarksDuration
Logical Reasoning, Data Analysis & Interpretation6060Total time of 2 hours
English language4040
Quantitative aptitude4040
General/ economy/ banking awareness/ computer/ IT6060
Total200200 

IDBI Bank Recruitment Syllabus

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 & InterpretationClassification
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 languageCloze test
Ace Reading Comprehension
Error Spotting
Sentence Improvement
Sentence Correction
Para jumble
Fill in the blanks
Para/Sentence Completion
Quantitative AptitudeNumber 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/ITCurrent Affairs
Banking Awareness
GK Updates
Currencies
Important Places
Books and Authors
Awards
Headquarters
Prime Minister Schemes
Important Days

IDBI Bank Recruitment Salary Structure

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.

IDBI Bank Recruitment Preparation Tips

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:

  • Create a proper time-table for studying, with time marked for each section
  • Understand the concepts thoroughly instead of following rote learning
  • Prepare notes while learning each topic
  • Revise each topic frequently
  • Take up as many mock-up tests as possible
  • Read more newspapers and books to gain general knowledge and English proficiency
  • Download previous year’s question papers and frequently practise

FAQs

What is the minimum salary of IDBI Bank?

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.

What is the qualification for IDBI exam?

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.

Is IDBI Executive exam tough?

The overall difficulty level for the 90-minute IDBI Executive test ranged from Easy to Moderate.

What is the eligibility of IDBI Assistant Manager?

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.