IDBI Executive 2024 Exam Date Out for 1000 Vacancies

IDBI Bank, founded in 1964 as the Industrial Development Bank of India, is a private sector bank and a part of Life Insurance Corporation. In 2024, IDBI Bank offers 1000 Executive job openings through an online exam and document verification process. IDBI Executive Exam is scheduled to be held on 1 December 2024. For full details related to eligibility, selection process and salary candidates can check the below article.

IDBI Executive Recruitment 2024 Notification Out

The IDBI Executive Recruitment 2024 is an exciting opportunity for young graduates looking to build a career in the banking sector. Candidates wishing to review the complete details and official instructions regarding the IDBI Executive Recruitment 2024 should download the official notification PDF below. This document includes important information such as eligibility criteria, selection process, exam pattern, and other important guidelines. Click the link below to download and review the IDBI Executive Recruitment 2024 Notification PDF.

IDBI Executive Recruitment 2024 Notification PDF

IDBI Executive Recruitment 2024: Overview

Candidates planning to apply for the IDBI Executive recruitment should familiarize themselves with key details of the recruitment. An overview of the recruitment process is presented in the table below.

IDBI Executive Vacancy 2024

IDBI has announced a total of 1,000 vacancies for the Executive post. The positions are open across various branches of IDBI Bank, offering candidates a chance to secure a reputable and stable job in the banking sector. Here is the category-wise IDBI Executive vacancy details:

IDBI Executive Exam Date 2024 Out

Industrial Development Bank of India has released the IDBI Executive Exam Date 2024 on its official website on www.idbibank.in with the notification PDF. The online exam of the IDBI Executive 2024 will be conducted on 1 December 2024.

IDBI Executive Apply Online 2024

The IDBI Executive Apply Online 2024 Link has been activated for those who want to apply for the Executive positions at IDBI Bank. Candidates can apply online from 7 November to 16 November 2024. It is important to apply as early as possible, as no applications will be accepted after the last date. Only online applications will be allowed, so make sure to complete the form on the official website before the deadline.

IDBI Executive Apply Online 2024-Click Here To Apply [Registration is Over]

IDBI Executive Eligibility Criteria 2024

Before applying, candidates must ensure that they meet the eligibility criteria set by the IDBI for the Executive post:

Educational Qualification:

• Candidates should have a graduate degree from a recognized university or institution.
• A candidate is expected to have a working knowledge of computers.

Age Limit:

• Minimum Age: 20 years
• Maximum Age: 25 years as of the cut-off date specified in the notification.

Age relaxation is applicable for reserved category candidates as per government norms.

IDBI Executive Selection Process 2024

The IDBI Executive Selection Process 2024 consists of three main steps. First, candidates will appear for an online exam at various test centres. If they qualify, then the candidates will go through document verification and a pre-recruitment medical examination. Those selected will be hired on a 3-year contract and placed at different branches and offices of IDBI Bank. After completing the contract, candidates will undergo a selection process for promotion to the role of Assistant Manager (Grade A) in the bank.

IDBI Executive 2024 Exam Pattern:

The Online Test (OT) comprises four sections: Logical Reasoning, Data Analysis & Interpretation, English Language, Quantitative Aptitude and General/Economy/Banking Awareness/Computer/IT. A penalty of 0.25 marks will be deducted for each incorrect answer.

Interview:

Following the online test, candidates undergo Document Verification (DV), a Personal Interview (PI) worth 100 marks (with minimum qualifying scores of 50% for general candidates and 45% for SC/ST/OBC/PwBD candidates), and a Pre Recruitment Medical Test (PRMT).

The final selection is based on the formula: Final Score = 3/4 of OT Score + 1/4 of Interview Score.

IDBI Executive 2024 Salary

The IDBI Executive Salary 2024 provides candidates with an appealing pay scale, starting at ₹29,000 per month for the first year of employment. In the second year, this amount will be ₹31,000 per month. While the position offers a competitive salary, it’s essential to note that IDBI Executives are not entitled to additional allowances, benefits, or superannuation perks such as provident fund and gratuity.

IDBI Executive Application Fee 2024

The IDBI Executive Application Fee 2024 is to be paid through online mode only. The fee structure is as follows: SC/ST/PwBD candidates are required to pay ₹250, which covers only the intimation charges. For all other candidates, the fee is ₹1,050, which includes both application fees and intimation charges. It is essential for applicants to ensure that the payment is completed within the application window to successfully submit their applications.

IDBI Executive 2024 Contractual Basis Recruitment

The IDBI Executive 2024 recruitment is conducted on a contractual basis, with an initial contract of one year. This period may be extended yearly, based on the candidate’s performance, completion of mandatory e-certifications and other criteria set by the bank. After successfully completing two years of service, candidates may become eligible for appointment as Junior Assistant Manager (Grade ‘O’) through an internal selection process. This transition is subject to performance, vacancy availability and other conditions determined by the bank’s policies.