IDBI Assistant Manager Recruitment 2022 Notification Out

IDBI Assistant Manager Recruitment 2022

IDBI has released the notification for the post of Executive on its official website on 1st June 2022. Interested and eligible candidates can check all the details given in this post. There are total of 500 posts for IDBI Assistant Manager. Read the full details about eligibility, important dates, selection process etc.

Last Date for submission of ONLINE APPLICATION and PAYMENT OF FEE  – 17th June, 2022

Vacancy

Category Executives (on Contract)
Unreserved (UR) 200
SC 121
ST 28
OBC 101
EWS 50
VI 05
HI 05
OH 05
MD/ID 05

Total 500

Important dates 

S. No. Activity Date
1. Cut-off date for eligibility criteria of Age & Qualification April 1, 2022
2. Online Registration (only) June 03, 2022 to June 17, 2022

 

3. Payment of Application Fee/ Intimation Charges – (Online mode only)
4. Tentative Date of Online Test(Admission to IDBI Bank PGBDF 2022-23)  July 23, 2022

 

Eligibility Criteria (as on April 1, 2022)

Age
Minimum: 21 years
Maximum: 28 years
The candidate must have been born not earlier than April 2, 1994 and not later than April 1, 2001 (both dates inclusive)

Education Qualification
Graduate in any discipline from a University recognized by the Govt. of India OR any equivalent qualification recognized as such by the Central Government. Passing only a diploma course will not be considered as qualifying the eligibility criteria.

Specific information/ instructions

The Bank has an arrangement with Manipal Global Education Services Private Limited (Manipal), Bengaluru and Nitte Education International Private Limited (Nitte), Greater Noida to provide training in Banking and Finance to prospective candidates aspiring to join the Bank as Assistant Manager Grade ‘A’. Currently the 1 year Post Graduate Diploma in Banking and Finance (PGDBF) comprises of 9 months of classroom studies at campus and 3 months of internship at the Bank’s branches or offices. However, bank reserves the right to alter the timelines as noted above based on business requirement, industry standards etc. After successful completion of the course, the candidates will be awarded PGDBF certificate and will be inducted into the Bank as Assistant Manager Grade ‘A’ subject to fulfillment of eligibility criteria as stated in this advertisement.

Career Prospects and Emoluments

Stipend: During the Training Period of 9 months – Rs.2,500/- per month and during the Internship Period of 3 months – Rs.10,000/- per month.
After joining the Bank’s services as Assistant Manager Grade ‘A’, only on successful completion of the course, the extant Basic Pay currently applicable to Assistant Managers in Grade A is Rs.36,000/- per month in the pay scale of 36000-1490(7)-46430-1740(2)–49910–1990(7)-63840(17 years). Candidates should note that the pay scales, allowances, reimbursements, perquisites and other terms subsisting at the time of joining and as may be modified / amended / revised from time to time would be applicable as per rules in force from time to time.

Selection process

The selection process shall comprise of OT, DV, Personal Interview(PI) and PRMT.

  • The above tests except the tests of English Language will be available bilingually, i.e. English and Hindi.
  • Candidates have to qualify in each of the four tests, by securing cut-off marks as decided by the Bank.
  • 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.

Educational Qualifications

Graduate in any discipline from a University recognized by the Govt. of India OR any equivalent qualification recognized as such by the Central Government. Passing only a diploma course will not be considered as qualifying the eligibility criteria.

The candidate must possess valid Mark-sheets (year/semester wise or consolidated) and Degree/ Provisional Degree Certificate issued by the University showing that he/ she is a graduate as on April 01, 2022 before registration.

Computer Literacy: Operating and working knowledge of computer is mandatory i.e. candidates should have Certificate/Diploma/Degree in computer operations/Language/ should have studied Computer / Information Technology as one of the subjects in the High School/College/Institute.

How to apply

Candidates can apply through Online only, from June 03, 2022 to June 17, 2022 both dates inclusive. Application in any other mode will not be accepted.

IDBI Assistant Manager Recruitment PDF

 Click here to read the Detailed notification

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