IDBI Bank was created in 1964 by an Act to provide credit & other financial facilities for the development of the fledgeling Indian industry. Initially, it operated as a subsidiary of (RBI) Reserve Bank of India transferred it to GOI. Many institutes of national importance find their roots in IDBI like Sidbi, Exim bank, NSE and NSDL. The war cry for reforms in commercial space saw GOI reducing its stake in the bank in the year 2019. At present, Life Insurance Corporation (LIC) holds a 51% stake in IDBI Bank and Government of India holds 46.46% and the remaining 2.54% owned by the public.
IDBI Executive Recruitment Notification 2019 has been released. Check all the Latest and Upcoming Notifications released on IDBI Executive Recruitment Notification here. Updated Information is provided on IDBI Executive Notification for the benefit of the aspirants looking for jobs with IDBI Bank Recruitment 2019. Read this article to know more about IDBI Executive Recruitment 2019 Exam Dates, Vacancies, Eligibility Criteria & more!
IDBI Executive Recruitment Notification 2019
IDBI Bank has invited online applications from eligible Indian citizens for the post of Executive. Candidates fulfilling required eligibility criteria may apply On-line through the link given in Bank’s website. All the interested candidates looking out for IDBI Executive Recruitment 2019 jobs 2019 in India can check this page for all latest recruitment 2019 updates. Find more details and updates about IDBI Bank Recruitment 2019, exam results, dates, schedules etc. Here you can find jobs vacancies for both fresher and experienced candidates.
Exam Dates IDBI Executive Recruitment Notification 2019
The Online Applications will be available for registration for various posts for IDBI Executive Recruitment Notification till April 15th, 2019. If you are willing to participate in this IDBI Executive Recruitment Drive, check out the Important Dates related to this IDBI Recruitment 2019.
|Website Link Open For Online Registration of Applications and Payment of Fees/Intimation Charges||Link will be Made Active Soon|
|Last Date for registration of Applications||15-April-2019|
|Last Date for Fee Payment||15-April-2019|
|Date of Pre-Examination training for the SC/ ST/
OBC applicants at all centers
|May 06, 2019 to May 11, 2019|
|Date of Online Test at all centers||May 16, 2019|
Stay connected with fellow students on PaGaLGuY for IDBI Executives & SBI Junior Associates 2018
Vacancies IDBI Executive Recruitment Notification 2019
A total of 300 vacancies are to be filled for this Recruitment Drive. The category-wise division of these vacancies for IDBI Executive Recruitment 2019 has been mentioned in the table below!
|PWD – VH||3|
|PWD – OH||3|
|PWD – HH||3|
Eligibility Criteria IDBI Executive Recruitment Notification 2019
Check out the Eligibility Criteria for IDBI Executive Recruitment 2019 including the Age Limit and Educational Qualification for the mentioned post.
Age Limit (01/03/2019):
Min. Age: 20 years
Max Age: 25 years
i.e. a candidate must have been born not earlier than 02.03.1991 and not later than 01.03.1998 (both dates inclusive)
Age relaxation in Upper Age limit
|1||Scheduled Caste/Scheduled Tribe||5 years|
|2||Other Backward Classes (Non-Creamy Layer)||3 years|
|3||Persons With Benchmark Disabilities||10 Years|
|7||Persons ordinarily domiciled in the state of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989||5 years|
|8||Persons affected by 1984 riots||5 years|
|9||Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military
service or invalidment
Minimum Educational Qualifications (01/03/2019)
- A Degree (Graduation) in any discipline from a University recognized by the Govt. of India OR any equivalent qualification recognized as such by the Central Government.
- Candidates should be Graduate from any discipline from a recognized university with minimum 50% marks (45% for SC/ST/PWD candidates).
Selection Procedure IDBI Executive Recruitment Notification 2019
The selection process will comprise of Online Test followed by personal interview of the candidates, who have qualified in the online test.
Exam Pattern IDBI Executive Recruitment Notification 2019
|S.No||Name of the Test||No. Of Questions||Maximum Marks||Duration|
|1||Test of Reasoning||50||50||Composite time of 90 minutes|
|2||Test of Working English Language||50||50|
|3||Test of Quantitative Aptitude||50||50|
- The above tests except the Tests of English Language will be available bilingually, i.e. English and Hindi.
- Penalty for Wrong Answers – For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score.
- If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.
How to Apply IDBI Executive Recruitment Notification 2019
Candidates can apply through link provided below or they can also apply through official site of the IDBI Bank till April 15th, 2019.
On successful completion of a period of 3 years of contractual service, such appointees may become eligible for appointment as Assistant Manager (Grade A) in IDBI Bank through a selection process that would be conducted by IDBI Bank for IDBI Bank Recruitment 2019.
The Executive will be paid a lump sum/fixed remuneration as mentioned below:
- Rs.22,000/- per month in the first year,
- Rs.24,000/- per month in the second year and
- Rs.27,000/- per month in the third year of service.
These executives shall not be entitled to draw any allowances such as DA, HRA, etc.
Application Fee IDBI Executive Recruitment Notification 2019
The Application Fee for the various categories for IDBI Executive Recruitment has been mentioned below in tabular form.
|1||FOR ALL OTHERS||Rs.750/- (Application fee + Intimation charges)|
|2||SC/ST/PwBD||Rs. 150/- (Intimation charges only)|
|*Bank/ Transaction Charges are to be borne by the candidate.|
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