Assistant Manager Posts in IDBI Bank

Assistant Manager Posts in IDBI Bank | IDBI has taken up the recruitment process of 600 Assistant Managers. A notification has been issued to this effect. Industrial Development Bank of India (IDBI) will fill these posts through the Post Graduate Diploma in Banking and Finance (PGDBF) course in association with Manipal (Bangalore) and Nitte (Greater Noida) educational institutions.

The selected candidates will be trained at PGDBF for one year (6 months of classroom lessons, 2 months of internship, 4 months of on-the-job training) in the Banking and Finance department. Successful completion of the course will get the job of Junior Assistant Manager (Grade-O) along with a PGDBF certificate. Those Candidates Interested in the Following Recruitment Can Apply.

Assistant Manager Posts in IDBI Bank

Details…

Total Vacancies: 600

Junior Assistant Manager (Grade-O): 600 Posts (UR- 243, SC- 90, ST- 45, EW- 60, OBC- 162)

Eligibility: Degree passed from any recognized university. Age should be between 21 to 25 years as of 31/08/2023. Maximum age relaxation is given to SC/STs by 5 years, OBCs by 3 years, and Divyangs by 10 years. 

Selection Process: Online test will be conducted for eligible candidates. Merited candidates will be eligible for Personal Interviews. The final selection will be made based on merit, examination of certificates and medical examination. 

Application Procedure: Candidates have to apply online. SC/ST/PWD candidates have to pay Rs.200 and others Rs.1000. 
Exam Centers in Telugu States: Vijayawada, Visakhapatnam, Cheerala, Chittoor, Eluru, Guntur, Kadapa, Kakinada, Kurnool, Nellore, Ongole, Rajahmundry, Srikakulam, Tirupati, Vijayanagar, Hyderabad, Karinnagar, Khammam, Warangal L. 

Written Test: The test will be conducted for a total of 200 marks. It has four sections.. Logical Reasoning, Data Analysis, Interpretation (60 Questions, 60 Marks), English Language (40 Questions, 40 Marks), Quantitative Aptitude (40 Questions, 40 Marks), General/ Economy/ Banking Awareness (60 Questions, 60 Marks) Total 200 questions will come from the topics. The time will be two hours. There are credit marks in the exam. A deduction of 0.25 marks will be made for each wrongly marked answer. 

Training and Fee Details: Selected candidates will be admitted to the Post Graduate Diploma in Banking and Finance (PGDBF) course for one year. At that time candidates will have to pay Rs.3,00,000 as course fee. There is flexibility to pay the fee in installments as prescribed by the bank. IDBI Bank will also grant scholarships to eligible candidates. Candidates have to submit a three-year service bond while joining the course. 

Salaries: Selected candidates will be paid Rs.5000 per month during the training period (6 months). 15 thousand per month will be paid during the internship (2 months). Those who have successfully completed the training and joined the job will get an annual salary of Rs.6.14 to Rs.6.50 lakh. 

Important Dates…

Online Registration/ Online Application Start: 15-09-2023

Last date for submission of online application: 30.09.2023

Last Date of Fee Payment: 30.09.2023

Online Exam Date: 20-10-2023

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Assistant Manager Posts in IDBI Bank

The applicant’s responsibility is to ensure fulfillment of the eligibility criteria and requirements as mentioned in the advertisement. Therefore, applicants are advised to read the complete advertisement carefully before filling out the online application.

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