IDBI Bank

IDBI Recruitment 2024: Latest News, Eligibility, Salary & Vacancies

May 13, 2024

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 fulfill the bank’s commitments and services.  The candidates are chosen after rigorous testing through online examination.  For IDBI recruitment, interested candidates must visit the IDBI Bank official website to get all the latest updates regarding vacancies.

IDBI Recruitment

Latest update from IDBI Recruitment

  • IDBI Junior Assistant Manager (JAM) Result 2024 will be released soon on the official website.
  • IDBI Bank has published a notification for IDBI Bank SO Recruitment 2024 for the Junior Assistant Managers posts. (IDBI JAM)
  • In the IDBI recruitment 2024 drive, there are 500 vacancies available. Candidates should keep checking the official website to know the latest details.

Latest notification for Junior Assistant Manager

idbi-Recruitment-2024

IDBI Recruitment 2024 Highlights

OrganisationIDBI Bank
Post NameJunior Assistant Manager
Vacancy500
Exam Date17th March 2024
Application ModeOnline
Exam ModeOnline Written Mode
Recruitment ProcessThe selection process involves online and interview
Education QualificationBachelor’s degree
Age Limit20-25 years
SalaryRs.6.14 lakh to Rs.6.50 lakh
Official websitehttps://www.idbibank.in

IDBI Recruitment Important Dates

Important eventsDate
IDBI Recruitment Notification 20247th February 2024
Registration Start12th February 2024
Registration Ends26th February 2024
IDBI Recruitment Admit Card release 8th March 2024
IDBI Recruitment Exam Date 17th March 2024
IDBI Recruitment Result To be notified
IDBI Bank recruitment Score CardTo be notified

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 2024. 

Age

The age requirement for IDBI Bank recruitment for open positions depends on the position.

Minimum: 20 years
Maximum: 25 years

The candidate’s birthdate (inclusive of both dates) must have been between November 2, 1998 and November 1, 2003.

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:

VacancyEducational Qualification
Junior Assistant ManagerGraduate from a recognized university in any discipline from a University
recognized/ approved by the Government / Govt. Bodies like AICTE, UGC, etc.
Note: Passing only a diploma course will not be considered as qualifying the eligibility criteria.

Nationality/ Citizenship

To Apply for IDBI Bank vacancy 2024, 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 application fees, the candidate must pay those charges.  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 Executive (Sales and Operation)” or “Recruitment of Junior Assistant Manager” based on eligibility fulfillment.
  • 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 apply successfully.
  • Step 8: Print the application receipt.

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 center.  The exam center 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 center.  It will contain all the details related to the schedule of the online test.  For the year 2024, 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 center details for the year 2024 are yet to be announced.  However, the IDBI executive recruitment 2024 exam center 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 PradeshBokaro Steel City Dhanbad Hazaribagh Jamshedpur Ranchi
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 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 
Note: To be eligible, candidates must meet the Bank-determined cut-off marks in each of the four tests. To determine the corrected or final score, one-fourth, or 0.25, of the marks allotted to each question for which the candidate provided an incorrect response will be subtracted as a penalty. There won’t be any penalties for questions left blank, meaning the candidate didn’t mark their response.

Also read, IDBI Executive Exam Analysis – Complete Subject-wise Analysis

IDBI Bank Recruitment Syllabus

The recruitment syllabus for 2024 will follow the IDBI bank recruitment 2024 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. 36000 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 practice

Also read, IDBI Executive’s previous year’s question paper- Download

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 the IDBI exam?

The applicants must hold a graduate degree in any field from a university that is approved by the government to be eligible for the IDBI Executive Recruitment 2024.

Is the 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 the IDBI Assistant Manager?

For the IDBI Assistant Manager Recruitment 2024, the applicant must be between the ages of 21 and 28 and possess a graduate degree from an accredited institution.