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 has now released the notification for the post of Assistant Manager for which the recruitment will be done through enrolment in Post Graduate Diploma in Banking & Finance at Manipal School of Banking, Bengaluru.
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 has invited applications for 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 can start applying for the post after ensuring that they possess all required qualifications. IDBI has released 600 vacancies for Assistant Manager post. Interested and eligible candidates can start applying for the post immediately to not miss the deadline. The notification contains all details related to the eligibility criteria, vacancies, exam dates etc.
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. This year IDBI has released 600 vacancies for the post of Assistant Manager. The details of the vacancy breakup is as follows:
IDBI has released its official notification for the post of Assistant Managers and it is 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 on 21st July 2019. All the interested candidates should start applying for the same. But, before you apply, you should be aware of all the important dates related to the IDBI Assistant Manager Examination.
Revised Exam Dates
Cut-off date for eligibility criteria (Age )
01st June 2019
23rd June 2019 to 03rd July 2019
23rd June 2019 to 07th July 2019
Payment of Application Fee/ Intimation Charges - Online
Date of Online Test at all centres
21st July 2019
28th July 2019
Result Declaration Date
To be Updated
IDBI announced its vacancies for the post of Assistant Manager and most of you must be willing to go for this exam. Therefore, 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 2019 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.
IDBI Assistant Manager 2019 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 June 1, 2019, as specified below:
Minimum Age: 21 years
Maximum Age: 28 years
This implies that the candidates should not be born earlier than 02.06.1991 and not later than 01.06.1998 (including both dates).
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 Test
No. of Questions
Logical Reasoning,Data Analysis & Interpretation
Composite Time of 120 Minutes
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 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:
Abbreviations and Economic terminologies
History of computers
Ratio and proportion
Overview of Indian Financial System
Basics of hardware and software
History of Indian Banking System
Windows operating system
Mixture and allegation
Statement and conclusions
Recent credit and monetary policies
Time and work
Important Government Schemes on capital & money market
Terms and services
Idioms and phrases
Speed, distance and time
Statement and assumptions
Introduction to national financial institutions like RBI, SEBI, IRDA, FSDC etc.
Basic functionalities of MS-Office (MS-word, MS-Excel, MS-PowerPoint)
Fill in the suitable words
Stocks and shares
Statement and arguments
Introdcution to International organisations like IMF, World Bank, ADB, UN etc.
Networking and communication
Current affairs related to national and international issues of last 6 months
Basics of hacking,
Volume and surface Area
Passage and conclusions
Security tools and viruses
Active/ passive voice
Height and Distances
Phrases and idioms
Direct and indirect speech
Permutation and combinations
Number, ranking and time sequence
Simple and compound interest
Direction sense test
Rearrangement of passage
Profit, loss and discount
Assertion and reasoning
Elements of algebra
Odd figure out
As the IDBI Assistant Manager 2019 notification has been released, you will have to start the online application process soon, as the last date to apply online is 3rd July 2019. No one would be able to apply after this last date. All candidates should first read all the instructions mentioned in the notification before starting the application process. You need to follow a step-by-step process to properly fill the application form.
IDBI Assistant Manager 2019: How To Apply
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.
IDBI is expected to conduct the examination for Assistant Manager on 17th of May 2019 and it will allot various exam centres for the same. 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 indicated by it.
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.
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:
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.
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.
Question. Can those students who are appearing in final year of Graduation apply for any post in IDBI Assistant Manager 2019 Recruitment?
Answer. Yes. Those who are in the final year of their Graduation / Semester may also apply provisionally, subject to the condition that, if called for Document Verification they will have to produce proof of having passed the Graduation examination on or before 1st March.
Question: In IDBI Assistant Manager 2019 Exam, can I choose Hindi language as the exam language?
Answer Yes, IDBI Assistant Manager 2019 Exam is bilingual (i.e, Hindi & English). You can choose your preferred language either Hindi or English, except in the English Language section.
Question: Is the IDBI Assistant Manager 2019 Examination ONLINE or OFFLINE ?
Answer. The IDBI Assistant Manager 2019 Exam will be online.
Question: Is IDBI Assistant Manager job a transferable one?
Answer: Yes, IDBI Assistant Manager is a transferable job.
Question: How many attempts can be given in IDBI Assistant Manager 2019 Exam?
Answer: There is no restriction on the number of attempts in IDBI Assistant Manager 2019 Exam.
Question: What is the age limit for the IDBI Assistant Manager post?
Answer: The minimum age of the candidates must be 21 years & maximum age should be 28 years as on 1st March 2019.
Question: Are there any changes in the IDBI Assistant Manager 2019 Examination?
Answer: Yes, there is a change in the IDBI Assistant Manager 2019 Examination. This year, IDBI has changed the pattern of the exam slightly as it has combined the sections of Logical Reasoning, Data Analysis and Interpretation and made it into one section.
Question: Is there any separate provision for Economically Weaker Sections (EWS)?
Answer: Yes, there are separate vacancies mentioned for the Economically Weaker Sections (EWS).
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