IDBI Bank announces 1,000 executive vacancies in its 2024 recruitment drive. Check eligibility, application process, exam pattern, and important dates. Apply online for a career in banking with IDBI.
About IDBI Executive Recruitment 2024
The Industrial Development Bank of India (IDBI) has officially released its recruitment notification for executive positions, offering 1,000 vacancies. This recruitment drive provides an excellent opportunity for candidates seeking a banking career on a contractual basis, offering valuable exposure to banking operations. Eligible candidates can apply online, completing an examination and document verification process to join IDBI in this role.
IDBI Executive Recruitment Notification Highlights
- Recruiting Body: Industrial Development Bank of India (IDBI)
- Position: Executive
- Total Vacancies: 1,000 posts
- Contract Duration: 1 year (extendable by up to 2 years based on performance)
- Application Mode: Online
- Selection Mode: Online examination followed by document verification and a pre-recruitment medical test.
Eligibility Criteria
To be eligible for IDBI Executive Recruitment 2024, candidates must meet the following criteria:
- Educational Qualification: A bachelor’s degree from a recognized university or equivalent qualification.
- Age Limit: Candidates should be between 20 and 25 years as of November 1, 2024.
- Nationality: Only Indian citizens can apply.
IDBI Executive Recruitment Vacancies
A total of 1,000 Executive positions are open in IDBI’s 2024 recruitment cycle. These posts are spread across various regions, ensuring opportunities throughout IDBI’s network.
Important Dates for IDBI Executive Recruitment
- Notification Release: November 6, 2024
- Online Application Start Date: November 7, 2024
- Online Application End Date: November 16, 2024
- Admit Card Release: A few days before the exam
- Tentative Exam Date: December 30, 2024
How to Apply for IDBI Executive Recruitment
The application process for the IDBI Executive Recruitment is straightforward:
- Visit the Official Website: Go to idbibank.in.
- Navigate to the Career Section: Find the recruitment section under “Careers.”
- Fill Out the Online Form: Enter your details, upload necessary documents, and review all entries.
- Pay the Application Fee: Submit the fee online. Categories such as General and OBC may have different fees than reserved categories.
- Final Submission: Verify all information and complete the application.
Selection Process
The selection process includes:
- Online Test: A multiple-choice question exam assessing Quantitative Aptitude, Reasoning, and English Language skills.
- Document Verification: Shortlisted candidates will undergo document verification.
- Medical Examination: A pre-recruitment medical test to ensure candidates meet health standards.
Exam Pattern
The exam consists of:
- Subjects: Quantitative Aptitude, Logical Reasoning, and English Language.
- Total Marks: 200
- Exam Duration: 2 hours
- Negative Marking: Yes (deductions for incorrect answers)
Each section is timed, and candidates should review IDBI’s guidelines to manage time effectively.
Salary for IDBI Executive Recruitment
The IDBI Executive role provides a structured annual salary. Executives do not receive additional allowances like Dearness Allowance (DA), House Rent Allowance (HRA), or Provident Fund (PF). However, candidates are eligible for IDBI’s New Pension Scheme, offering retirement benefits. This role also allows candidates to gain experience in key banking functions, which can be beneficial for career advancement.
Important Links and Official Website
| Description | Link |
|---|---|
| Official Notification | Notification PDF |
| Application Form | Apply Here |
| IDBI Official Website | IDBI Bank |
IDBI Executive Recruitment FAQs
What is the nature of the IDBI Executive job?
The position is contractual, with a one-year term that may be extended up to two additional years based on performance.
Are there any allowances for executives?
No, this position doesn’t include allowances such as DA or HRA, but it does cover retirement benefits under the New Pension Scheme.
Can final-year students apply?
No, candidates must have completed their graduation at the time of applying.
How can I prepare for the IDBI Executive exam?
Review the exam pattern and practice mock tests in quantitative aptitude, logical reasoning, and English.
For further details, refer to the official IDBI website and notification for this recruitment drive.