IDBI Bank Recruitment 2022 Apply Online 1544 Executive & Assistant Manager Posts

IDBI Bank Recruitment 2022 Apply Online 1544 Executive & Assistant Manager Posts: IDBI Bank Executive & Assistant Manager Job Notification 2022 | IDBI Bank Executive & Assistant Manager 2022 Online Application @ https://www.idbibank.in/.

IDBI Bank Recruitment 2022 Apply Online 1544 Executive & Assistant Manager Posts Overview

Organization Name: IDBI Bank Ltd
Notification No: 1/2022-23
Employment Type: Regular Basis
Total No of Vacancies: 1544 Executive & Assistant Manager, Grade ‘A’ (PGDBF 2022-23) Posts
Place of Posting: Anywhere in India
Starting Date: 03.06.2022
Last Date: 17.06.2022
Apply Mode: Online
Official Website https://www.idbibank.in/

IDBI Bank Executive & Assistant Manager Vacancy Details 2022

IDBI Bank Ltd., hereafter referred to as ‘the Bank’ invites online applications from eligible candidates for the post of Executives (on contract) and Admission to IDBI Bank PGDBF 2022-23 for absorption as Assistant Manager, Grade- ‘A’, hereafter referred to as the ‘Recruitment Process’. The above recruitments will be strictly on an India basis as per the selection process enumerated hereunder

SI No Name of Posts No. of Posts
1. Executives (on Contract) 1044
2. Admissions to IDBI Bank PGDBF 2022-23 for absorption as Assistant Manager, Grade ‘A’ 500
Total 1544

IDBI Bank Executive & Assistant Manager Educational Qualification: (As of 01.04.2022)

Note- Candidates are strictly advised to apply only for one of the posts, after ensuring their eligibility as per the criteria given for the respective post. Please note that multiple applications are liable to be rejected and fees/charges, if paid are non-refundable.

i. 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.

ii. The candidate must possess valid Mark-sheets (year/semester wise or consolidated) and a Degree/ Provisional Degree Certificate issued by the University showing that he/ she is a graduate as of April 01, 2022, before registration. The date mentioned on the final year/ semester mark-sheet or Degree/ Provisional degree certificate issued by University will be reckoned as the date of passing the graduation. In case the result of a particular examination is posted on the website of the University / Institute and a web-based certificate is issued then the proper document/certificate is original issued and signed by the appropriate authority of the University / Institute indicating the date of passing properly mentioned thereon will be reckoned for verification and further process. Candidates must therefore possess proper mark sheets and certificates before registering.

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

Age Limit: (As of 01.04.2022)

1. Executives (on Contract) – Minimum: 20 years Maximum: 25 years

The candidate must have been born not earlier than April 2, 1997, and not later than April 1, 2002 (both dates inclusive)

2. Assistant Manager, Grade ‘A’ (PGDBF 2022-23) – 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)

Salary Details:

1. Executives (on Contract)

Emoluments, Career Prospects, and Service Conditions:

The appointment of Executive will be p u r e l y on a contractual basis. The contract would be initially for 1 year and maybe reviewed for extension on a year-to-year basis for a further period of 2 years, subject to satisfactory performance, completion of assigned mandatory e-certifications, availability of vacancies at the relevant point of time, and any other criteria. On successful completion of a period of 3 years of contractual service, such appointees shall become eligible for appointment as Assistant Manager (Grade A) in the Bank through a selection process that the Bank would conduct. Appointment as Grade A will be as per the prevailing policy of the Bank and availability of vacancy at the relevant point of time. The Executive will be paid a lump sum/fixed remuneration as given below:

Consolidated Remuneration:

Rs.29,000/- per month in the first year,

Rs.31,000/- per month in the second year and

Rs.34,000/- per month in the third year of service.

2. Admissions to IDBI Bank PGDBF 2022-23 for absorption as Assistant Manager, Grade ‘A’ –

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 banking and finance training 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 on campus and 3 months of internship at the Bank’s branches or offices. However, the Bank reserves the right to alter the timelines as noted above based on business requirements, industry standards, etc. After successful completion of the course, the candidates will be awarded a 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.

Program Fees: Programme fees for this course will be Rs.3,50,000/- (Rs. Three Lakh Fifty Thousand only) plus GST, as applicable, to be paid by the students in a lump sum or installments as per a fixed schedule during the one year program. The said fee is inclusive of course fees, lodging, boarding, other charges, etc.

Apart from the above course fees, the exam fees for undergoing various certification exams as mandated under the course will have to be borne additionally by the candidates, as per the fees charged by respective bodies/organizations from time to time for conducting these Certification exams.

Career Prospects and Emoluments Stipend:

During the Training Period of 9 months – Rs.2,500/- per month and 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.

 

IDBI Bank Executive & Assistant Manager Selection Process 2022:

(a) Executive (On contract): The selection process shall comprise an Online Test (OT), Document Verification (DV), and Pre Recruitment Medical Test (PRMT).
(b) Admission to IDBI Bank PGDBF 2022-23 for absorption as Assistant Manager, Grade ‘A’: The selection process shall comprise of OT, DV, Personal Interview (PI), and PRMT.

 

Application Fee/Exam Fee for IDBI Bank Executive & Assistant Manager: 

Name of the Community See Details
For SC/ST/PWD Candidates Rs.200/-
For All Other Candidates Rs.1000/-
Note: The payment can be made by using Debit Cards (RuPay/ Visa/ MasterCard/ Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets by providing information as asked on the screen.

How to apply for IDBI Bank Executive & Assistant Manager Post:  

Candidate(s) fulfilling all the above laid down criteria will have to apply online only through the link on the IDBI Bank website in the careers webpage under the current openings section i.e. https://www.idbibank.in/ from 03.06.2022 to 17.06.2022. No other mode of application will be accepted.

 

Important Dates for IDBI Bank Executive & Assistant Manager Post: 

Starting Date for Submission of Application 03.06.2022
Last date for Submission of Application 17.06.2022
Last Date for Payment of Application Fees 17.06.2022
Tentative Date of Online Test*
Executive (on contract) 09.07.2022
Admission to IDBI Bank PGBDF 2022-23 23.07.2022

 

IDBI Bank Executive & Assistant Manager Official Notification & Application Link:

IDBI Bank Official Website Career Page Click Here
IDBI Bank Official Notification PDF Click Here
IDBI Bank Online Application Form Click Here

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