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IDBI Executive Recruitment 2024: Apply Now for 1000 Vacancies!

Nov 7, 2024

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IDBI Bank Executive Recruitment 2024 – Overview and Key Details

The Industrial Development Bank of India (IDBI), established in 1964, is a prominent private sector bank and a subsidiary of Life Insurance Corporation (LIC). This year, IDBI is offering 1000 Executive vacancies under the IDBI Executive Recruitment 2024 process for posts related to Sales and Operations. The recruitment involves an online examination, document verification, and an interview. The exam for this recruitment is scheduled for 1st December 2024, and the admit cards have been released on 26th November 2024.


IDBI Executive 2024 Notification Details

The IDBI Executive 2024 Notification was officially released on 6th November 2024, announcing the recruitment for 1000 Executive vacancies. These vacancies are categorized under Sales and Operations (ESO) roles. The notification contains all the essential details such as:

  • Eligibility Criteria

  • Selection Process

  • Exam Pattern

  • Important Dates

To view the complete notification, visit the IDBI Bank official website.


IDBI Executive Recruitment 2024 - Important Dates

Here’s a summary of the key dates for the IDBI Executive 2024 recruitment:

Event

Date

Notification Release Date

6th November 2024

Online Application Start Date

7th November 2024

Last Date to Apply Online

16th November 2024

Last Date for Fee Payment

16th November 2024

Admit Card Release

26th November 2024

Online Test Date

1st December 2024

Vacancy Details

The IDBI Bank has announced 1000 Executive vacancies, with the following category-wise distribution:

Category

Vacancies

General

448

SC (Scheduled Caste)

127

ST (Scheduled Tribe)

94

OBC (Other Backward Class)

231

EWS (Economically Weaker Section)

100

Total

1000

There are also reserved vacancies for PWD candidates:

Category

Vacancies

VI (Visually Impaired)

10

HI (Hearing Impaired)

10

OH (Orthopedically Handicapped)

10

MD/ID (Multiple Disabilities/Intellectual Disabilities)

10

Salary Details

The monthly salary for the selected candidates will be as follows:

  • Rs. 29,000 per month during the first year.

  • Rs. 31,000 per month during the second year.


Eligibility Criteria

Educational Qualification:

  • Candidates must have a Graduate degree from a recognized university in any discipline.

  • Computer literacy is a must, as candidates are expected to have proficiency in computer/IT-related aspects.

Age Limit (as on 1st October 2024):

  • Candidates must be between 20 to 25 years of age.

  • Candidates born between 2nd November 1999 and 1st November 2004 (both dates inclusive) are eligible.

Age Relaxation:

  • OBC (Non-Creamy Layer): 3 years

  • SC/ST: 5 years

  • Ex-Servicemen: 5 years

  • PWD (Persons with Disabilities): 10 years

  • Persons affected by the 1984 riots: 5 years


Selection Process

The selection process for the IDBI Executive 2024 includes:

  1. Online Test: An online examination to assess the candidates.

  2. Document Verification: Verification of documents provided by the candidates.

  3. Interview: A personal interview for shortlisted candidates.

  4. Pre-Recruitment Medical Examination: A medical checkup prior to final recruitment.

Candidates who successfully complete the contract period may be considered for the position of Assistant Manager (Grade A) in IDBI Bank.


How to Apply for IDBI Executive Recruitment 2024

Follow the steps below to apply for the IDBI Executive 2024 positions:

  1. Visit the official website of IDBI Bank: idbibank.in

  2. Click on Careers >> Current Openings.

  3. Select Recruitment of Executive - Sales and Operations (ESO): 2025-26.

  4. Click on Apply Online to open the registration page.

  5. Fill in personal and educational details.

  6. Upload scanned documents like a photograph, signature, thumb impression, and handwritten declaration.

  7. Pay the application fee:

    • SC/ST/PWD: Rs. 250/-

    • Other Categories: Rs. 1050/-

  8. Submit the application form and save a copy for future reference.

Documents to Upload

Candidates are required to upload the following documents:

Document

Size

Photograph

20kb–50 kb (200 x 230 px)

Signature

10kb–20kb (140 x 60 px)

Thumb Impression

20kb–50kb (240 x 240 px)

Handwritten Declaration

50kb–100kb (800 x 400 px)

Text for Handwritten Declaration:

"I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required."

IDBI Executive Exam Pattern 2024

  • Total Duration: 120 minutes

  • Total Questions: 200 (Multiple Choice Questions)

  • Total Marks: 200

  • Negative Marking: 0.25 marks for each incorrect answer.

Breakdown of Sections:

Section

No. of Questions

Total Marks

Duration

Logical Reasoning, Data Analysis & Interpretation

60

60


English Language

40

40


Quantitative Aptitude

40

40


General/Economy/Banking Awareness/Computer/IT

60

60



200

200

120 minutes


Syllabus Overview:

The syllabus covers the following topics for each section:

  • Reasoning: Logical reasoning, Data analysis, and Interpretation.

  • Quantitative Aptitude: Numerical ability and quantitative reasoning.

  • English Language: Grammar, comprehension, vocabulary, etc.

  • General/Economy/Banking Awareness/Computer/IT: Current affairs, banking knowledge, IT concepts, and general awareness.

IDBI Executive Salary Structure

The salary for the IDBI Executive position is structured as follows:

  • 1st Year: ₹29,000 per month

  • 2nd Year: ₹31,000 per month


IDBI Executive Cut-Off (2023)

The cut-off for the 2023 exam was released category-wise. Below are the cut-off details for the overall exam and sectional cut-off.

Overall Cut-Off (Out of 200):

Category

Cut-Off

SC

105.25

ST

94.75

OBC

113.50

EWS

104.75

UR

115.75

OH

103

VI

110.50

HI

61.25

MD/ID

87

Sectional Cut-Off (2023):

Category

LR (60)

EL (40)

QA (40)

GE (60)

SC, ST, OBC, PWD

17.50

7.75

9

5.75

UR & EWS

25

12.25

13

8.75

Candidates must clear both the overall and sectional cut-offs to be eligible for further rounds.



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