IDBI Bank (Industrial Development Bank of India) has come up with a recruitment notification of 500 executives for the year 2016-17. Established 40 years ago, with govt. of India as majority shareholder, IDBI Bank now functions as a full service commercial bank headquartered in Mumbai & has network of 970 branches across India.
IDBI bank is part of the IBPS common recruitment process & allots candidates for clerks & PO posts based on their exam performance.But the bank did not declare any vacancies for the past 2 years for qualifiers of the IBPS PO/Clerk exam .
Now, IDBI Bank is looking to hire candidates on contract for its branches & offices across India for which applicants to have qualified in the IBPS common written test.
Posts & Vacancies:
Executive – 500 posts
This is a contract job of 1 year, which will be extended for 2 more years with monthly salary of Rs.17000 (1yr), 18500 (2nd yr) & 20,000 (3rd yr).
On completion of 3 yrs, executives can apply for Asst.Manager post in IDBI bank.
Dates to Note:
Last date to submit online applications – November 30, 2016
Written test on January 6, 2016
Who are Eligible?
As said earlier,IBPS exam scores are not needed.The other eligibility conditions for this IDBI bank recruitment are,
- Age: 20 – 25 years as on Oct 1, 2016 (+3 yrs for OBC, +5 for sc/st)
- 60% marks in degree (55% for SC/ST/PWD) from a recognized university, as on Nov 30, 2016
- Must have good working knowledge in computers
Those studying in final year/ semester are also eligible to apply but they need to provide proof of passing the graduation on or before 30.11.2016
Selection Process:
The selection process of IDBI bank Executive recruitment 2016 involves an online written test only (objective type) in the following pattern:
While each correct answer fetches you 1 mark, every wrong answer results in 0.25 negative mark.
Books: If you are looking to appear for this exam, worry not as there are guides available to help you in preparations.
* IDBI Bank Executive Exam Guide for Rs.213 – Buy online now
Since there is no interview for executive posts, those who are qualifying in the exam shall be directly shortlisted for document verification & medical test.
Candidates can choose from the following test centres – Ahmedabad, Amritsar, Bhopal, Bengaluru, Belgaum, Bhubaneswar, Coimbatore, Chennai, Chandigarh, Guwahati, Gwalior, Hyderabad, Jaipur, Kanpur, Kolkata, Kochi, Lucknow, Madurai, Mangalore, Mumbai, Nagpur, New Delhi, Patna, Pune, Raipur, Rajkot, Ranchi, Thiruvananthapuram, Vijayawada and Vishakhapatnam.
Registration Fees:
Interested applicants have to pay Rs.700 (Gen/OBC) or Rs.150 (SC/ST/PWD) as non-refundable fee between November 16 to 30 only through online mode.
- After completing the registration form, there is an online payment gateway for you to pay the fees using debit/credit cards/ net banking etc.,
- Take a print of the e-Receipt generated after you complete the payment
Remember to write down the registration no. & password displayed on the screen as you may need to take a reprint of the online application for reference purposes.
Head to www.idbibank.com, visit ‘careers’ page & fill your details in the online application & hit submit to confirm registration.
More Info
Are you looking to apply for IDBI bank executives recruitment 2016? Download & read the official notification carefully from the bank website here (.pdf)
The online application links will be activated on Nov 16th.
