IDBI Assistant Manager

 

IDBI Assistant Manager 2020 Highlights

Industrial Development Bank of India  or IDBI was established in 1964 with the intention of providing credit assistance to the Indian industry. It offers excellent career opportunities to eligible Indian citizens by releasing recruitment notifications for various posts. It will release the notification for the post of Assistant Manager 2020 for which the recruitment will be done through enrolment in Post Graduate Diploma in Banking & Finance at Manipal School of Banking, Bengaluru.

 IDBI Assistant Manager Exam Highlights
Name of the ExamIDBI Assistant Manager
Conducting Body Industrial Development Bank of India (IDBI)
Application Mode Online 
Number of Stages Three (Online Test, Personal Interview and Document Verification)
Exam Mode Online
Vacancy 600
Official Website idbi.com
 

IDBI Assistant Manager 2020 Exam Notification

IDBI or the Industrial Development Bank of India Recruitment, whose 51% shares are held by Life Insurance Corporation of India, is one of the most awaited notifications and majority of job aspirants apply for this exam. IDBI releases its recruitment notification almost every year for various posts. This year also it can be expected that IDBI will come out for recruitment to the post of Assistant Manager wherein the appointments will be made through first enrolling the selected candidates for the Post Graduate Diploma in Banking and Finance at Manipal School of Banking and Finance at Bengaluru. All the eligible candidates should ensure that they possess all required qualifications. Interested and eligible candidates should apply for the post immediately to not miss the deadline. The notification will have all  the details related to the eligibility criteria, vacancies, exam dates etc. 

IDBI Assistant Manager 2020 Vacancy Details

IDBI has been recruiting candidates for various posts every year. It is a golden chance for aspirants who wish to join the banking industry. The competition being too high these days for every job, any opportunity that comes your way should be grabbed with both hands. IDBI Assistant Manager exact vacancies can not be predicted now. The details of the previous vacancy breakup is as follows: 

URSCSTOBCEWSPWD
273 90 45 162 30 24
 

IDBI Assistant Manager 2020 Important Dates

IDBI official notification for the post of Assistant Managers  will be  a good chance for all the job aspirants as IDBI provides excellent opportunities to build up a stable career for them. The examination for the Assistant Manager post is expected to be held once the recruitment  notification is out.. But, before you apply, you should be aware of all the important dates related to the IDBI Assistant Manager Examination.

IDBI Assistant Manager Exam Dates

EventsExam Dates
Cut-off date for eligibility criteria (Age ) To be notified later
Online Registration To be notified later
Payment of Application Fee/ Intimation Charges - Online To be notified later
Date of Online Test at all centres To be notified later
Result Declaration Date To be notified later
 

IDBI Assistant Manager 2020 Eligibility Criteria

 Before applying for the IDBI Assistant Manager Exam, you need to ensure if you are eligible for the mentioned post. The eligibility criteria includes many parameters and you need to make sure you are eligible on all these parameters. You can check the details below.

IDBI Assistant Manager 2020 Educational Qualification

All the candidates should possess a certain educational qualification to be able to apply for the specified IDBI Assistant Manager post. You need to ensure that you possess the exact percentage of marks, if specified, or possess the mentioned degree to fill the application form. If you fail to do so, your application will be rejected and you will not be able to appear in the examination. Candidates applying for IDBI Assistant Manager post, are also expected to have proficiency in Computers.

PostEducational Qualification
IDBI Assistant Manager A graduate from a recognized university with minimum 60% marks. 55% for SC/ST/PWD

IDBI Assistant Manager 2020 Age Criteria

The candidates interested in applying for the post of IDBI Assistant Manager should also be eligible with respect to age, apart from the educational qualification. All the candidates should follow the age criteria mentioned in the IDBI notification if they wish to apply for the job. A candidate’s age should not cross the minimum or maximum age as on the mentioned date

PostAge (As on March 1, 2020)
IDBI Assistant Manager Minimum Age - 20 years Maximum Age - 25 years

IDBI Assistant Manager 2020 Exam Pattern 

IDBI selects the candidates through a simplified selection process where it conducts one online objective test which is followed by a personal interview for those who will qualify the online test. The online exam for IDBI Assistant Manager will consist of four tests of Logical Reasoning, Data Analysis & Interpretation, English Language, Quantitative Aptitude and General/ Economy/ Banking Awareness. Marks will be allotted to each section accordingly. Candidates will have a composite timing of 2 hours.

Name of the TestNo. of QuestionsMaximum MarksDuration
Test of Reasoning 50 50 Composite Time Duration - 1.5 Hours
Test of Working English Language 50 50
Test of Quantitative Aptitude 50 50
Total150150
  • There will be a penalty of 0.25 marks for every incorrect answer given by the candidate.
  • After the examination is over and the results have been announced, the selected candidates will be called for an interview, where the candidates will be given the choice of answering the questions either in English or Hindi. The final selection will be done according to the total marks obtained in the interview and online test along with medical fitness. 

IDBI Assistant Manager Interview

Candidates who will qualify the online test will subsequently be called for Interview. Candidates will get the choice of answering the questions in the Interview in either Hindi or English. Those who qualify the Interview will be considered for the final shortlisting.

IDBI Assistant Manager 2020 Syllabus 

IDBI recruitment has been one of the most popular and important examinations. It is a golden chance for all the candidates who are willing to enter the banking industry. To make sure that you succeed in the examination, you need to keep yourself updated on all aspects related to the exam. Knowing the syllabus is the major part of exam preparation and should be your first priority. Find the syllabus details below:

IDBI Assistant Manager Syllabus

To start off with the preparation, you will first need the syllabus of the IDBI Assistant Manager Exam,so that you know what to study. Refer to the complete syllabus here:

Quantitative Aptitude
  • Ratio and Proportion
  • Average
  • Time and Work
  • Speed, Distance and Time
  • Mixture and Allegations
  • Stocks and Shares
  • Percentage
  • Permutation and Combination
  • Algebra
  • Trigonometry
  • Data Interpretation
  • Mensuration
  • Probability
  • Set Theory
Reasoning Ability
  • Inequality
  • Coding Decoding
  • Syllogism
  • Machine Input Output
  • Data Sufficiency
  • Circular Arrangement
  • Linear Arrangement
  • Floor Puzzle
  • Scheduling
  • Verbal Reasoning
  • Ordering and Ranking
  • Arrangement and Pattern
  • Blood Relations
  • Direction and Distance
General Awareness
  • Current Affairs
  • Indian Financial System
  • Indian Banking System
  • Monetary Plans
  • National Institution
  • Banking Terms
English Language
  • Grammar
  • Vocabulary
  • Error Spotting
  • Comprehension
  • Passage Making
  • Jumble Words
  • Fill in the Blanks
  • Sentence Framing
 

IDBI Assistant Manager 2020 Application Process

 All candidates should first read all the instructions mentioned in the IDBI Assistant Manager notification before starting the application process. You need to follow a step-by-step process to properly fill the application form.

IDBI Assistant Manager 2020: How To Apply

  • Candidates will have to visit the official IDBI website www.idbi.com and click on the “careers” tab which will direct you to the link “Recruitment of Assistant Manager-2020” where you will have to click on the “Apply Online” option.
  • You will be directed to a different page where you will have to click on the tab given on the top of the page - “Click here for New Registration” where you will have to enter your personal details and a new ‘provisional registration number’ and ‘password’ will be generated which will help you in further process, where you can save the data and reopen the form whenever convenient until the last date.
  • In the next stage, you will have to fill in all the details related to your personal information, like parents details, etc. You will have to verify and save the details and move to the next part by clicking on the Save and Next button.
  • After all the personal details have been entered, you will have to upload your recent passport photograph and signature according to the specifications mentioned in the notification.
  • Preview your application form before you finally submit the form by clicking on the Final Submit tab.
  • After completion of all the process, click on the payment tab in the next page and proceed for payment, where you will be given online fee payment options. Save your payment receipt after the payment is done.
  • Finally, click the submit button and all your details will be saved. 

IDBI Assistant Manager 2020 Application Fee

After the complete details have been entered in the application form and every part of the process has been completed, the candidates will have to submit the application fee which will have to be done in online mode. The payment options will be online and the amount is specified in the notification. The fee amount depends on the category of candidates.

CategoryFee Amount
SC/ST/PWD Rs.150
For All Others Rs.700

 

IDBI Assistant Manager 2020 Exam Centres

The candidates will be allotted these exam centres on the basis of their choice of state and city while filling up the application form. IDBI will allot a fixed venue which cannot be changed whatsoever on any candidate’s request. The states where IDBI will be conducting the exam will be mentioned in the official notification.

 

IDBI Assistant Manager 2020 Admit Cards

As soon as the application process for IDBI Assistant Manager will get over, the admit cards for the examination will be released soon after. The admit cards release will be intimated through sms/email and you can download the admit cards from IDBI’s official website. The date, time and venue of the exam will be indicated in the admit card and you will have to bring the admit card along with your passport size photograph and a valid identity proof to the exam centre, failing which you will not be allowed to appear in the exam. 

IDBI Assistant Manager 2020 Salary 

A candidate who is appointed as an Assistant Manager will be entitled to basic pay of - Rs 23,700 /- per month in a pay Scale of- Rs 23,700-980(7) - 30560- 1145 (2) - 32850 - 1310 (7) - 42020 (17 years). The gross salary after all the perks in a metro city will amount to approximately Rs 60,000/- per month. The allowances under this job will be:

  • Travel Allowance
  • Newspaper Reimbursement
  • Accommodation Allowance
  • Medical Aid 

IDBI Assistant Manager 2020 Free Mock Tests

IDBI is one of the important bank examinations and therefore require thorough preparation. As the competition is high for every exam, thus you need to give your 100 % for an exam. Along with a study plan, you need a lot of practice also. ixamBee provides free mock tests for IDBI Assistant Manager, where you can practice and test yourself. 

IDBI Assistant Manager 2020 Blogs

To prepare well for the IDBI Assistant Manager examination and to ensure that you do not leave any chance which can give you an edge over others, it is good to grab any piece of knowledge or information you receive through any source. Thus, reading blogs related to the examination will also increase your knowledge and provide an advantage over others. Read our blog on IDBI notification that may give you some necessary information.