IDBI Bank Recruitment 2022

IDBI Bank Recruitment 2022 : Hiring for Freshers as Executive/Assistant Manager | Registration Link Available | Apply Now

IDBI Bank Recruitment 2022 : IDBI Bank announce Recruitment for Any Degree Graduate Candidates through its Official Portal. Interested Jobseeker can go through this Job post to know further details about IDBI Bank Hiring 2022 and Apply to the IDBI Bank Recruitment 2022 through the Registration link available at the end of this post. The more details about IDBI Bank Exam date 2022, SBI Eligibility Criteria and IDBI Bank Recruitment Pattern 2022 are discussed below.

About IDBI Bank: The IDBI Bank Limited is a subsidiary of Life Insurance Corporation providing financial and banking services. It was established in 1964 as Industrial Development Bank of India, a development finance institution, which provided financial services to industrial sector. Industrial Development Bank of India (IDBI) was constituted under the Industrial Development Bank of India Act, 1964 as a Development Financial Institution (DFI) and came into being on July 01, 1964, vide GoI notification dated June 22, 1964. IDBI Bank internet banking provides a safe and convenient banking service to help you manage your finances from anywhere and anytime. Development Banking emerged after the Second World War and the Great Depression in the 1930s.

The bank has an aggregate balance sheet size of ₹3.74 trillion as of 31 March 2016. It has 3,683 ATMs, 1,892 branches, including one overseas branch in Dubai, 58 e-lounges and 1,407 centres as of 1 February 2020. As of September 2021, Life Insurance Corporation holds the 49.24% shareholding and the Union government holds 45.48%, with LIC being in control of the management of the bank. IDBI Bank offers a wide range of products from savings and current bank account to loans for retail and msme customers or agri loans to farmers. IDBI Bank Ltd was incorporated in the year 1964 as a wholly owned subsidiary of Reserve Bank of India with the name Industrial Development Bank of India.

The demand for reconstruction funds for the affected nations compelled in setting up of national institutions for reconstruction. At the time of Independence in 1947, India had a fairly developed banking system. The adoption of bank dominated financial development strategy was aimed at meeting the sectoral credit needs, particularly of agriculture and industry. Towards this end, the Reserve Bank concentrated on regulating and developing mechanisms for institution building. The commercial banking network was expanded to cater to the requirements of general banking and for meeting the short-term working capital requirements of industry and agriculture. Specialized Development Financial Institutions (DFIs) such as the IDBI, NABARD, NHB and SIDBI were set up to meet the long-term financing requirements of industry and agriculture.

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IDBI Bank Recruitment 2022 Details :

Recruitment AuthorityIDBI Bank
IDBI Official Websitehttps://www.idbibank.in/
Job RoleExecutive/Assistant Manager
QualificationAny Degree
Total Vacancies1544
ExperienceFreshers
Salaryupto Rs.36000 /-Month
Job LocationAcross India
Last Date17 June 2022

IDBI Bank Recruitment 2022 Eligibility Criteria :

Educational Qualification:

  • Graduate in any discipline from a University recognized by the Govt. of India OR any equivalent qualification recognized as such by the Central Government. Passing only a diploma course will not be considered as qualifying the eligibility criteria.

Age Limit :

  • Executive – 20 – 25 years
  • Assistant Manager-21-28 years

Relaxation in Upper age limit:

  • OBC (NCL): 3 years
  • SC/ST: 5 years
  • PWD: 10 years
  • Ex-Servicemen/ ECOs/ SSCOc: 5 years
  • Persons affected by 1984 riots: 5 years

Post Wise Vacancies:

  • Executives (on Contract)-1044 Posts
  • Assistant Manager, Grade ‘A’-500 Posts

Pay Scale:

For Executives:

  • I Year – Rs.29,000/-
  • II Year – Rs.31,000/-
  • III Year – Rs.34,000/-

For Assistant Manager:

  • Rs 36000-63840/Month
IDBI Recruitment 2022 Selection Process:

Executive (On contract):- The selection process shall comprise of an Online Test (OT), Document Verification (DV) and Pre Recruitment Medical Test (PRMT).

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Admission to IDBI Bank PGDBF 2022-23 for absorption as Assistant Manager, Grade ‘A’, the selection process shall comprise of OT, DV, Personal Interview(PI) and PRMT.. The online test will be objective in nature. The details of the same are furnished hereunder.

Name of TestsNo. of QsMaximum MarksDuration
Logical Reasoning, Data Analysis & Interpretation6060Composite time of 2 hours
English Language4040
Quantitative Aptitude4040
General/Economy/Banking
Awareness
6060
  • The applicants will be called for the Online Test based on the information provided by them in the online application form, subject to scrutiny at a later date.
  • Penalty for Wrong Answers – For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score.
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Application Fee/ Intimation Charges:

  • SC/ST/PWD : Rs. 200/-
  • For all others: Rs. 1000/-

How to Apply for IDBI Bank Recruitment 2022 ?

All interested and eligible candidates can apply for IDBI Bank Recruitment 2022 online as soon as possible Before Last Date.

 Apply Link :Click here

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IDBI Bank Recruitment 2022 – Frequently Asked Questions

How to apply for IDBI Bank Recruitment 2022?

To apply for the IDBI Bank Recruitment 2022, you have to check the official site of IDBI Bank or Fresheropenings.com.

Does Fresheropenings.com provide IDBI Bank Recruitment 2022 Alerts?

Yes, Freshersopenings.com provides IDBI Bank Recruitment 2022 Alerts continuously.

What is the IDBI Bank Selection Process?

Aptitude Test, Technical & Interview Rounds.

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