IDBI Executive Recruitment 2024

IDBI Executive Recruitment 2024: Application Dates, Vacancy, Application Fees and More

The IDBI Executive Recruitment 2024 is set to be a significant opportunity for job seekers looking to establish a career in the banking sector. Conducted by the Industrial Development Bank of India (IDBI), this recruitment drive aims to fill approximately 1,300 executive positions on a contract basis. The selection process will include an online written examination, followed by document verification and a pre-recruitment medical test.

The official notification for this recruitment is anticipated to be released soon, detailing the application process, eligibility criteria, and important dates. Candidates interested in applying should prepare to meet the educational qualifications, which typically require a graduation degree with a minimum percentage, as well as adhere to the specified age limits. This recruitment presents a valuable opportunity for aspiring candidates to join one of India's prominent banking institutions and gain exposure to various banking functions.

IDBI Executive Recruitment 2024 Overview

The IDBI Executive Recruitment 2024 presents an exciting opportunity for candidates aspiring to build a career in the banking sector. The Industrial Development Bank of India (IDBI) is set to announce a significant number of vacancies for the position of Executive, aimed at enhancing its operational capabilities. With a total of 1300 positions available, this recruitment drive is designed to attract qualified individuals who meet the eligibility criteria, including educational qualifications and age limits. The selection process will involve an online examination followed by document verification and a medical test, ensuring that only the most suitable candidates are chosen. As the application dates and further details are expected to be released soon, prospective applicants are encouraged to stay informed and prepare accordingly to seize this opportunity for a rewarding career in banking.

The notification for the IDBI Executive 2024 recruitment cycle is expected to be released soon. Aspiring candidates can find the key details summarized in the table below.

IDBI Executive Recruitment 2024 Important Dates

Details Information
Organization Name Industrial Development Bank of India (IDBI)
Position IDBI Executive
Application Mode Online
Advertisement No To Be Announced (TBA)
Total Vacancies TBA
Application Start Date TBA
Application Deadline TBA
Online Exam Date TBA
Selection Process - Online Exam - Document Verification - Pre-Recruitment Medical Test (PRMT)
Official Website IDBI Bank Website
Category Bank Clerk Jobs

IDBI Executive Recruitment 2024 Vacancies

In the previous recruitment cycle, IDBI Bank announced 1,036 vacancies for the Executive post. For the 2024 cycle, there are expected to be 1,300 posts available. Below is the breakdown of vacancies by category for both 2023 and 2024:

Category Vacancies (2023) Vacancies (2024)
UR 451 558
SC 160 200
ST 67 86
OBC 255 326
EWS 103 130
Total 1,036 1,300

How to Apply Online for IDBI Executive Recruitment 2024

Candidates must apply online for the IDBI Executive Recruitment 2024. Follow these steps to complete the application process:

  1. Visit the IDBI Bank's Current Openings page.
  2. Click the link to apply for the IDBI Executive Recruitment.
  3. Select "New Registration" and provide the necessary details to complete the registration process. You will receive a Registration ID and Password.
  4. Fill in the application form and upload required documents, such as your photograph and signature. If needed, use tools to resize your documents.
  5. Review your application and pay the application fee.
  6. Submit the application form.

Documents Required for IDBI Executive Recruitment

Documents to be Uploaded During Online Application

  • Scanned copy of photograph
  • Scanned copy of signature
  • Scanned copies of documents related to educational qualifications (degree certificate and mark sheets)
  • Scanned copies of documents related to age proof (birth certificate or 10th standard certificate)
  • Scanned copies of documents related to category (caste certificate for SC/ST/OBC candidates)
  • Scanned copies of documents related to disability (disability certificate for PWD candidates)
  • Scanned copies of documents related to ex-servicemen status (discharge certificate for ex-servicemen candidates)

Documents to be Produced at the Time of Document Verification

  • Print out of online application form
  • Proof of identity (Aadhaar card, PAN card, Driving License, Voter ID, Passport etc.)
  • Proof of date of birth (10th standard certificate or birth certificate)
  • Educational qualification documents (degree certificate and mark sheets)
  • Caste certificate (for SC/ST/OBC candidates)
  • Disability certificate (for PWD candidates)
  • Ex-servicemen documents (for ex-servicemen candidates)
  • Domicile certificate (if applicable)
  • Income and Asset certificate (for EWS candidates)
  • No Objection Certificate (for candidates employed in Government/PSU/Autonomous bodies)

IDBI Executive Application Fees 2024

Applicants are required to pay a fee while submitting their application. The fee details are as follows:

Category Fees (INR)
Scheduled Caste 200 (Intimation charges only)
Scheduled Tribe 200 (Intimation charges only)
PWD 200 (Intimation charges only)
Others 1000 (Includes application and intimation charges)

Selection Process of IDBI Executive Recruitment Process 2024

The selection process for the IDBI Executive 2024 will involve:

  1. Online Test
  2. Document Verification
  3. Pre-Recruitment Medical Test

IDBI Executive Recruitment 2024 Eligibility Criteria

To be eligible for the IDBI Executive Recruitment 2024, candidates must meet specific criteria related to age, educational qualifications, and nationality.

Age Limit

Candidates should be between 20 to 25 years old as of November 1, 2024. This means they must have been born no earlier than November 2, 1998, and no later than November 1, 2003. Age relaxation is available for certain categories:

  • OBC (Non-Creamy Layer): 3 years
  • SC/ST: 5 years
  • Ex-Servicemen: 5 years
  • Persons with Disabilities: 10 years
  • Persons affected by the 1984 riots: 5 years

Educational Qualification

Candidates must possess a graduate degree from a recognized university or institution. The minimum percentage required is 55% for general and OBC candidates, and 50% for SC/ST/PWD candidates. Additionally, candidates must have a valid mark sheet or degree certificate confirming their graduation status.

Nationality

Eligible candidates must be:

  • Indian citizens, or
  • Subjects of Nepal or Bhutan, or
  • Tibetan refugees who settled in India before January 1, 1962, or
  • Persons of Indian origin who migrated from certain countries to settle in India permanently.

Candidates who are not Indian citizens need to obtain a certificate of eligibility from the Government of India to apply

IDBI Executive Syllabus 2024

The syllabus for the IDBI Executive Exam includes topics in Reasoning, English Language, Quantitative Aptitude, and General/Economy/Banking Awareness/Computer/IT. Detailed topic-wise syllabus can be found in the provided link.

IDBI Executive Exam Pattern 2024

Understanding the exam pattern is crucial for effective preparation. Below is an overview of the exam structure:

Test No. of Questions Max. Marks Time
Logical Reasoning, Data Analysis & Interpretation 60 60 2 Hours
English Language 40 40  
Quantitative Aptitude 40 40  
General/Economy/Banking Awareness/Computer/IT 60 60  
Total 200 200  

Note: All tests, except for the English Language, will be bilingual. A penalty of 0.25 marks will be applied for each wrong answer, but no marks will be deducted for unanswered questions. Candidates must meet the cut-off marks in each section as decided by the bank.

IDBI Executive Salary

Executives will be hired on a contractual basis for one year, with the possibility of yearly extensions up to two more years, depending on performance, availability of vacancies, and completion of e-learning certifications. After three years, they may be considered for an Assistant Manager position (Grade A).

  • 1st Year: Rs.29,000/- per month
  • 2nd Year: Rs.31,000/- per month
  • 3rd Year: Rs.34,000/- per month

Note: Executives are not eligible for additional allowances such as DA or HRA.

IDBI Executive 2024 Admit Card

The admit card for the IDBI Executive 2024 exam will be available on the official website. Candidates should keep their admit card safe as it will be required during document verification.

IDBI Executive 2024 Result

The result for the IDBI Executive 2024 exam will be announced a month or two after the exam. Candidates can download their results from the official IDBI website.

IDBI Executive 2024 Answer Key

The answer key for the IDBI Executive 2024 exam will be released a few days after the exam. Candidates can use it to check their answers and estimate their scores.

IDBI Executive 2024 Cut-Off

The cut-off marks for the IDBI Executive 2024 exam will be published on the official website a few weeks after the exam. Cut-off details will be provided category-wise for each subject.

IDBI Executive 2024 Books

Books are essential for preparing for the IDBI Executive 2024 exam. They offer in-depth explanations, practice questions, and model tests that help candidates understand complex concepts and exam patterns. These books are valuable resources for candidates aiming to succeed in this competitive exam.

IDBI Executive 2024 Preparation Tips

Preparing for the IDBI Executive 2024 exam requires a well-structured approach and consistent effort. Here are some essential tips to help you prepare effectively:

  1. Understand the Syllabus Thoroughly: Begin by familiarizing yourself with the complete syllabus for the IDBI Executive 2024 exam. Make sure you know what topics are covered under each section, including Reasoning, English Language, Quantitative Aptitude, and General/Economy/Banking Awareness/Computer/IT.
  2. Create a Study Plan: Develop a realistic study plan that covers all topics in the syllabus. Allocate time based on the difficulty and importance of each subject. Ensure your plan includes time for both learning new concepts and revising what you've already studied.
  3. Practice Regularly: Consistent practice is key to success in competitive exams. Solve previous years' question papers and take mock tests to understand the exam pattern and improve your speed and accuracy. Time yourself during these practice sessions to get used to the exam's time constraints.
  4. Focus on Weak Areas: Identify the subjects or topics where you face difficulties and dedicate extra time to improving them. Use additional resources, such as books or online tutorials, to strengthen these areas.
  5. Revise Frequently: Regular revision is essential to retain what you've learned. Schedule revision sessions in your study plan to revisit important topics and ensure you're well-prepared.
  6. Stay Updated with Current Affairs: For the General/Economy/Banking Awareness section, keep yourself updated with the latest news, especially related to banking, finance, and economic developments. Reading newspapers and following credible news sources can help with this.
  7. Work on Speed and Accuracy: Practice solving questions with a focus on both speed and accuracy. Use shortcuts and tricks where applicable, but ensure your answers are correct. Remember, there is negative marking for incorrect answers, so it's important to be careful.
  8. Stay Healthy and Manage Stress: Preparing for a competitive exam can be stressful, so it's important to maintain a healthy lifestyle. Take regular breaks, eat nutritious food, exercise, and get enough sleep. Staying mentally and physically healthy will help you stay focused and perform better.
  9. Join Study Groups or Coaching Classes: If possible, join a study group or take coaching classes to get additional support and guidance. Interacting with peers and mentors can provide new insights and help you stay motivated.
  10. Use Quality Study Material: Invest in good quality books and study materials specifically designed for IDBI Executive preparation. These resources often include practice questions, model tests, and detailed explanations that can aid in your understanding and exam preparation.

Chapter Wise Solutions - Download Free PDF

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Frequently Asked Questions on IDBI Executive Recruitment 2024

The last date for the IDBI Executive exam 2024 applications is yet to be officially announced, as the notification detailing these dates will be released soon. However, the application period is expected to be relatively short, typically lasting around two weeks, so candidates should stay alert for the official announcement to ensure timely submission of their applications.

The IDBI exam is conducted annually, allowing candidates to apply for executive positions each year. The recruitment process typically follows a consistent structure, including an online test, document verification, and a medical examination, ensuring that candidates have regular opportunities to secure a position within the bank.

The IDBI Executive position is a contractual role rather than a permanent job. While executives may have the opportunity to work with the bank for an extended period, the nature of the employment is typically contractual, which may not provide the same job security as permanent positions.

Although the IDBI Bank is a government-owned entity, the executive roles are classified as contractual positions and do not carry the same status as traditional government jobs. This distinction is important for candidates to understand, as it affects job security and benefits associated with the role.

Regarding compensation, the starting salary for an IDBI Executive is typically in the range of INR 29,000 to INR 31,000 per month. This salary can vary based on experience and other factors, but it provides a competitive entry-level remuneration for candidates entering the banking sector.