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
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.
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.
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.