IDBI Bank 2024 Recruitment for 1,000 Executive Positions: Apply Now
Exciting Opportunity with IDBI Bank:
The Industrial Development Bank of India (IDBI) has announced a large recruitment drive to fill 1,000 Executive positions in Sales and Operations. This recruitment offers an excellent chance for candidates holding any bachelor’s degree to join IDBI Bank. The application process is now open, and interested candidates can apply before the last date.
Key Highlights of the IDBI Executive Recruitment 2024:
- Total Vacancies: 1,000 positions
- Qualification Requirement: Bachelor’s degree in any discipline
- Monthly Salary: ₹29,000 for the first year, ₹31,000 for the second year
- Application Deadline: November 16, 2024
- Selection Process: Online exam followed by an interview
- Contract Duration: Two years with the potential for permanent hiring based on performance and organizational needs
Detailed Notification for IDBI Bank Executive Recruitment 2024:
The IDBI Bank Executive recruitment notification outlines the requirements, selection criteria, and benefits for candidates.
Eligibility Criteria:
- Educational Qualification: Candidates must have completed any bachelor’s degree from a recognized university.
- Age Requirement:
- General Candidates: 20 – 25 years as of October 1, 2024 (born between October 2, 1999, and October 1, 2004)
- Age Relaxation: 5 years for SC/ST, 3 years for OBC, and 10 years for Persons with Disabilities (PWD)
Application Process:
- Last Date to Apply: November 16, 2024
- Exam Date: December 1, 2024
- Application Fee: ₹250 for SC/ST/PWD candidates, ₹1050 for all other categories
Examination Centers in Telugu States:
Candidates from Andhra Pradesh and Telangana can take the exam at designated centers:
- Andhra Pradesh: Eluru, Guntur, Kadapa, Kakinada, Kurnool, Nellore, Ongole, Rajamahendravaram, Srikakulam, Tirupati, Vijayawada, Visakhapatnam, Vizianagaram
- Telangana: Hyderabad, Karimnagar, Khammam, Warangal
Salary and Benefits:
Selected candidates for Executive positions in Sales and Operations will receive:
- First-Year Salary: ₹29,000 per month
- Second-Year Salary: ₹31,000 per month
- After two years, candidates who clear an additional bank examination may be offered a permanent position based on the bank’s requirements.
Selection Process: Exam, Interview, and Final Selection
The selection process for IDBI Executives includes:
- Online Examination: The exam will consist of 200 multiple-choice questions (one mark per question), covering English, Quantitative Aptitude, Reasoning, and General Awareness. The test duration is 2 hours, and it will be conducted in English and Hindi (except for the English section, which will be in English only). A quarter of a mark will be deducted for each incorrect answer.
- Interview: Candidates who meet the minimum qualifying marks in each section of the exam will be shortlisted based on merit and reservation for the interview stage. A total of 100 marks are assigned for the interview, with a passing score of 50 marks for General candidates and 45 marks for SC/ST/OBC/PWD candidates.
- Final Selection Criteria:
- The final merit list will be based on a weighted score, with 75% from the online test and 25% from the interview. The highest-ranking candidates, based on combined scores, will be offered the positions.
- Medical Examination: Candidates selected for the Executive role will also undergo a pre-recruitment medical examination.
Online Exam Structure:
The exam will test candidates across four key areas:
- Total Questions: 200 (1 mark per question)
- Duration: 2 hours
- Negative Marking: 0.25 marks will be deducted for each incorrect answer
- Type of Questions: Objective (multiple-choice) questions
Benefits of Applying for IDBI Executive Recruitment:
This recruitment provides a unique opportunity for candidates who are looking for a stable job in banking. Unlike descriptive tests in other banking exams, this test includes only objective questions, making it less complex. Successful candidates may also get an opportunity to secure a permanent role within IDBI Bank after the initial two-year contract, depending on performance and the bank’s requirements.
How to Apply:
Interested candidates should visit the official IDBI Bank website to complete the online application process. Ensure all required documents are ready, as well as the application fee, and submit your application before November 16, 2024. For more details on eligibility and the selection process, please refer to the official IDBI Bank recruitment notification.
This IDBI Executive Recruitment is a golden opportunity for candidates with any degree qualification to start their careers with a reputable institution. Don’t miss out on this chance to join IDBI Bank – apply before the deadline and prepare to excel in the upcoming exam!