Introduction:
The Industrial Development Bank of India (IDBI) has recently
announced a golden opportunity for job seekers with its recruitment
notification for Junior Assistant Manager and Executive vacancies.
If you aspire to build a career in the banking sector and meet the eligibility criteria, this could be your chance to join one of the premier financial institutions in the country. In this article, we will delve into the details of IDBI recruitment, providing essential information for interested candidates.
Vacancy Details:
Junior Assistant Manager:
Total Vacancies: 800
Executive:
Total Vacancies: 1300
Application Process:
To kickstart your journey with IDBI, candidates need to
follow a straightforward online application process. Here are the key details:
Application Fee:
For Others: Rs. 1000/-
For SC/ST/PWD candidates: Rs. 200/-
Payment mode: Through Online Mode
Important Dates:
Starting Date for Apply Online & Payment of Fee:
22-11-2023
Last Date for Apply Online & Payment of Fee: 06-12-2023
Tentative Exam Date for JAM & Executive: 30 to
31-12-2023
Eligibility Criteria:
Before proceeding with the application, it's crucial to
ensure you meet the eligibility criteria set by IDBI. Here are the key points:
Age Limit (as of 01-11-2023):
Minimum Age Limit for Executive: 20 Years
Minimum Age Limit for Assistant Manager: 25 Years
Candidates must have been born not earlier than November 2,
1998, and not later than November 1, 2003 (both dates inclusive).
Qualification:
Candidates should possess Any Degree with 60% marks for
General and OBC Candidates and also 55% marks for SC, and ST candidates.
Candidates are expected to have proficiency in computers.
Scale Of Pay:
I) Junior Assistant Manager (JAM), Grade ‘O’
(i) Emoluments, & Career Prospects and Service
Conditions
a) On joining the Bank’s services as Grade ‘O’, compensation
on Cost to
Company (CTC) basis would range between Rs.6.14 lakh to
Rs.6.50 lakh
(Class A city) at the time of joining.
b) Annual increment shall be granted based on performance or
any other
parameters as decided by the Bank from time to time.
II) Executive-Sales and Operations (ESO)
(i) Emoluments, Career Prospects and Service Conditions
The Executive will be paid a lump sum/fixed remuneration as
under:
Consolidated
remuneration
Rs.29,000/- per month in the first year,
Rs.31,000/- per month
in the second year
How to Apply:
Visit the official IDBI website.
Navigate to the recruitment section and find the
notification for the Junior Assistant Manager & Executive Vacancy (Advt No:
10/2023-24).
Carefully read the full notification to understand the
eligibility criteria, application process, and other essential details.
Click on the "Apply Online" link and fill in the
required information.
Pay the application fee through the designated online mode.
Double-check all the entered details before submitting the
application.
Official website- Official website
Official Notification- Official Notification
Apply Link - Apply Here
Selection Process Overview:
i) Junior Assistant Manager (JAM), Grade ‘O’:
The selection process for JAM includes the following stages:
Online Test (OT):
Subjects: Logical Reasoning, Data Analysis &
Interpretation; English Language; Quantitative Aptitude;
General/Economy/Banking Awareness/Computer/IT.
Total Questions: 200 (60 in Logical Reasoning, Data Analysis
& Interpretation; 40 in English Language; 40 in Quantitative Aptitude; 60
in General/Economy/Banking Awareness/Computer/IT)
Maximum Marks: 200
Duration: 2 hours
Language: Bilingual (English and Hindi)
Document Verification (DV):
Successful candidates from the Online Test stage will
undergo a Document Verification process to verify their credentials.
Personal Interview (PI):
Shortlisted candidates from the Document Verification stage
will face a Personal Interview to assess their suitability for the role.
Pre-Recruitment Medical Test (PRMT):
Candidates who clear the Personal Interview will undergo a
medical examination to ensure they meet the required health standards.
ii) Executive – Sales and Operations (ESO):
Candidates who clear the Document Verification stage will
undergo a medical examination.
Test Structure:
The structure of the online examination for both JAM and ESO
is as follows:
Logical Reasoning, Data Analysis & Interpretation: 60
questions (60 marks)
English Language: 40 questions (40 marks)
Quantitative Aptitude: 40 questions (40 marks)
General/Economy/Banking Awareness/Computer/IT: 60 questions
(60 marks).
Conclusion:
IDBI's recruitment drive for Junior Assistant Managers and Executive positions presents a valuable opportunity for individuals seeking a career in the banking sector. Ensure you meet the eligibility criteria and adhere to the application process timeline. Don't miss the chance to be a part of the esteemed Industrial Development Bank of India. Read the full notification thoroughly before applying online to make a successful entry into the world of banking careers. Good luck to all the aspirants!
Note: The information provided here is based on the details available as of 22-11-2023. Candidates are advised to refer to the official notification for the most accurate and up-to-date information.
