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IDBI Executive Recruitment 2024 Out, Apply Online for 1000 Vacancies

The Industrial Development Bank of India has released IDBI Executive Recruitment 2024 on its official website at https://www.idbibank.in/. IDBI is now recruiting for 1,000 Executive positions, with the selection process involving an online exam and document verification. Full details about the IDBI Executive Recruitment 2024 are available in the official notification, and the application link will be live on November 7, 2024. Read the article below to learn the eligibility criteria for the executive posts.

IDBI Executive Recruitment 2024 Notification Out

Bank Limited, originally founded in 1964 as the Industrial Development Bank of India, began as a financial institution to support the industrial sector. Today, it operates as an Indian private-sector bank and is a subsidiary of Life Insurance Corporation. The IDBI Executive Recruitment 2024 is a great opportunity for recent graduates interested in a banking career.

Candidates can download the official notification PDF from the link below to understand it in detail. It includes important information like eligibility, selection process, exam format, and other instructions.

IDBI Executive Recruitment 2024

IDBI is set to recruit candidates for Executive roles as part of the 2024 recruitment process. All relevant details are outlined in the official notification. Check the table below for an overview of the IDBI Bank Executive Exam 2024.

IDBI Executive Recruitment 2024- Overview
Name of Organization
Industrial Development Bank of India (IDBI)
Name of Posts
Executive (Sales and Operations)
Total Vacancies 1000
Category Govt Jobs
IDBI Executive Registration Dates
7th to 16th November 2024
Selection Process
Online Test- Document Verification- Pre-Recruitment Medical Examination
Salary
Rs.29,000/- per month in the first year
Rs.31,000/- per month in the second year
Exam Mode Online
Official website
https://www.idbibank.in/

IDBI Executive Recruitment 2024: Important Dates

The IDBI Executive Recruitment 2024 important dates have been announced with the release of the IDBI Executive Notification 2024 PDF. The online registration will take place from 7th to 16th November 2024. IDBI has also confirmed the exam date for IDBI Executive 2024, scheduled for 1st December 2024.

IDBI Bank Executive Recruitment 2024: Important Dates
Events Dates
IDBI Notification Release Date
6th November 2024
Online Application Begins
7th November 2024
Last Date to Apply Online
16th November 2024
Last date for Fee Payment
16th November 2024
Last date to print the application TBA
IDBI Executive Admit Card 2024
10-12 days before the exam date
IDBI Executive Online Test Date
1st December 2024

IDBI Executive Vacancy 2024

IDBI Bank has announced new Executive vacancies in Sales and Operations for FY 2025-26 on its official website, alongside an official notification. This year, IDBI Bank has listed a total of 1,000 Executive positions, with a category-wise breakdown provided below.

IDBI Executive Vacancy 2024 Details
Category
Executive Vacancy
General 448
SC 127
ST 94
OBC 231
EWS 100
Total 1000
VI 10
HI 10
OH 10
MD/ID 10

IDBI Executive Application Form 2024

Candidates who are interested must complete the online application form for the IDBI Bank Executive vacancies. The registration dates for IDBI Executive 2024 have been announced alongside the release of the official notification. The application process will be open from 7th November to 16th November 2024, and applicants are advised to apply well before the deadline. Only online applications will be accepted for the IDBI Executive recruitment process.

IDBI Executive Application Fee 2024

Candidates must pay the required application fee/intimation charges while completing the registration form. The payment can only be made through online mode.

IDBI Bank Application Fee 2024: Category-wise
Category
Application fee Details
SC/ST/PWD Rs. 200/-
Other Categories Rs. 1000/-

Steps to Apply Online for IDBI Executive Recruitment 2024

Here are the steps to fill the online application for IDBI Bank Executive vacancies:

  1. Visit the official IDBI website @idbibank.in or use the direct link provided above.
  2. On the homepage, click on “Careers” and then “Current Openings.”
  3. Find and click on the “Recruitment of Executive- 2024-25” notification.
  4. Click on “Apply Online” to go to the application page.
  5. Fill in your personal and educational details correctly.
  6. Upload your photo, signature, thumb impression, hand-written declaration, and scribe declaration (if applicable).
  7. Pay the application fee.
  8. Submit your application and download it for future reference.

IDBI Executive Eligibility Criteria 2024

Candidates who meet the eligibility requirements can apply for the IDBI Bank Executive position. The details about the educational qualifications and age limit for the IDBI Executive Exam 2024 are given below

IDBI Executive Age Limit (as on 1/10/2024)

Candidates applying for IDBI Executive posts must be between 20 and 25 years of age. To be eligible, applicants should have been born on or after November 2, 1999, and on or before November 1, 2004 (both dates included).

Upper Age Relaxation is provided as follows:

Category
Age relaxation
Other Backward Classes (Non-Creamy Layer) 3 years
Scheduled Caste/Scheduled Tribe 5 years
Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs)
who have rendered at least 5 years of military service and have been released on completion of assignment
(including those whose assignment is due to be completed within one year from the last date of receipt of application)
otherwise than by way of dismissal or discharge on account of misconduct or
inefficiency or physical disability attributable to military service or invalided
5 years
Persons With Benchmark Disabilities as defined under “The
Rights of Persons with Disabilities Act, 2016 ”
10 years
Persons affected by the 1984 riots 5 years

IDBI Executive Education Qualification (as on 1/10/2024)

  • Candidates must have a bachelor’s degree from a recognized university or institution.
  • Candidates should have basic computer knowledge.

IDBI Executive Syllabus 2024

Candidates appearing for the IDBI Executive Exam should follow the updated IDBI Executive Syllabus to maximize their scores. A detailed syllabus for subjects such as English Language, Numerical Ability, and Reasoning is provided. Click the link below to review the syllabus and start preparing accordingly.

IDBI Executive Exam Pattern 2024

Here is the exam pattern for the IDBI Executive Exam 2024. Candidates can check the below pattern:

  • The online test will consist of four sections: Reasoning, Quantitative Aptitude, English Language, and General/Economy/Banking Awareness/Computer/IT.
  • The total duration for the online test will be 120 minutes.
  • The exam will include 200 multiple-choice questions, carrying a total of 200 marks.
  • For each incorrect answer, 0.25 marks will be deducted as a negative marking.
IDBI Executive Exam Pattern 2024
S. No. Sections No. of Question Total Marks Duration
1 Logical Reasoning, Data Analysis & Interpretation 60 60
120 minutes
2 English Language 40 40
3 Quantitative Aptitude 40 40
4 General/Economy/Banking Awareness/ Computer/IT 60 60
Total 200 200

IDBI Executive Salary 2024

The IDBI Executive will receive a competitive salary, which will be fixed for a certain period. The 1st year IDBI executive salary will be around 29000 monthly with the possibility of extension yearly for up to two additional years, depending on the applicant’s performance. Refer to the table below for the year-wise consolidated remuneration.

IDBI Bank Executive Salary Structure 2024
Year Remuneration
1st year
Rs.29,000/- (per month)
2nd year
Rs.31,000/- (per month)

IDBI Executive Selection Process 2024

The IDBI Executive Selection Process 2024 for candidates will be based on an online exam conducted at various test centres, followed by document verification and a pre-recruitment medical examination. Those selected will be hired on a contract for 3 years at different branches and offices of IDBI Bank. After completing the contract period, candidates will undergo a selection process for promotion to the position of Assistant Manager (Grade A) in IDBI Bank.

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FAQs

Is IDBI Executive Recruitment 2024 released?

Yes, the official notification for IDBI Executive Recruitment 2024 has been released on 6th November 2024.

Is there any negative marking for the IDBI Executive Online exam?

Yes, there will be a negative marking of 0.25 marks for each incorrect answer.

How many vacancies has been released through the IDBI Executive Recruitment 2024?

Through IDBI Executive Recruitment 2024, 1000 vacancies has been announced with the official notification.

When will the registration process begin for the IDBI Executive Recruitment 2024?

The registration process will begin for the IDBI Executive Recruitment 2024 on 07 November 2024.

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