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IDBI Bank Recruitment Highlights 2024
The Industrial Development Bank of India (IDBI) has played a significant role in shaping India’s financial landscape since its inception in 1964. Originally established under the Industrial Development Bank of India Act, IDBI functioned as a Developmental Financial Institution (DFI) that focused on providing financial assistance to the industrial sector. Over the years, the bank has contributed immensely to the country's economic infrastructure by helping set up key national institutions such as the Small Industries Development Bank of India (SIDBI), the Export-Import Bank of India (EXIM), the National Stock Exchange (NSE), and the National Securities Depository Limited (NSDL). In 2004, IDBI underwent a major transformation by becoming a full-fledged bank, and since then, it has broadened its range of services to include both industrial and individual banking through the IDBI Bank Exam.
As a subsidiary of the Life Insurance Corporation of India (LIC), IDBI Bank remains a crucial player in the financial sector, contributing to India’s industrial and economic development. It offers a wide variety of banking services, including loans, deposits, and financial management products, aimed at individuals, businesses, and industries. Additionally, IDBI is committed to recruiting talented professionals to sustain and enhance its operations, regularly organizing the IDBI Bank Recruitment drives to attract eligible candidates for various roles within the bank. These recruitment drives for the IDBI Bank Exam are an excellent opportunity for young professionals to embark on successful careers in the banking industry.
The IDBI Bank Recruitment details for the positions of Executives and Junior Assistant Managers (JAM) Grade ‘O’ has been officially released. The IDBI Bank Recruitment process provides detailed information on eligibility criteria, exam patterns, application procedures, and exams' fees. The IDBI Executive recruitment notification was released on November 06, 2024, with the online registration process open from November 07, 2024, to November 16, 2024. Candidates must complete the payment of application fees during this same period. The online test for the IDBI Bank Exam has been tentatively scheduled for December 01, 2024 according to the notification. IDBI Bank Exam 2024 hopefuls should know that the date can change at any time. All aspirants are encouraged to carefully review these important dates and ensure timely submission of their applications to participate in this opportunity.
IDBI Bank Executive Highlights 2024
Conducting Authority | IDBI Bank |
---|---|
Official Website | www.idbibank.in |
Name of the Posts | Executive – Sales and Operations (ESO) |
Mode of application | Online |
Stages of Exam | Executive – Sales and Operations (ESO)-
|
Maximum marks and Time duration of exam |
200 Marks and Time is 2 Hours |
Online Registration (only) including Edit/ Modification of Application by Candidates | November 07, 2024 to November 16, 2024 |
Payment of Application Fee/ Intimation Charges – (Online mode only) | November 07, 2024 - November 16, 2024 |
IDBI Executive – Sales and Operations (ESO) Online Examination Date | December 01, 2024 (Sunday) |
Number of Vacancies |
1000
|
IDBI Executive - Sales and Operations (ESO) Official Notification PDF 2024 |
IDBI Bank Notification 2024
The IDBI Bank recruitment is among the most awaited notifications for all job aspirants. Finally, the wait is over as IDBI released the IDBI Bank notification 2024 was released on November 06, 2024. All the candidates who were waiting for IDBI Bank Recruitment notification for this year should not miss this opportunity. The IDBI Bank Exam will be a contract-based job of 1 year (maybe extended on a year-to-year basis for a further period of 2 years). Furthermore, the IDBI Bank Exam online registration will commence from November 07, 2024 and will close on November 16, 2024. The official notification for the IDBI Bank Recruitment will carry all the important information such as-
Application Process: The IDBI Bank Recruitment2024 outlines the application process, including the mode of application, application fees, and important dates. By understanding the application process for the IDBI Bank exam, you can submit your applications correctly and within the specified timeframe. It also ensures that you are aware of any required documents or supporting materials that need to be submitted along with the application.
Selection Process: The IDBI Bank recruitment 2024 explains the selection procedure in detail. By understanding the selection process for the IDBI Bank Exam, you can prepare yourself accordingly. You can gather the necessary study materials, practice previous year question papers, free mock tests and be better prepared for the specific stages of the selection process.
Eligibility Criteria: Taking a look at the IDBI Bank Exam notification 2024 first, you will get a fair idea of the IDBI Bank Exam eligibility criteria 2024, including educational qualifications, age limit, and experience requirements. By reading the notification carefully for the IDBI Bank Recruitment, candidates can determine if they meet the specified criteria for the Executive and Junior Assistant Manager position. This saves time and effort by avoiding applications that do not meet the requirements for the IDBI Bank Exam .
Important Instructions: TheIDBI Bank Recruitment also includes important instructions and guidelines that you need to follow during the application process, examination, and further stages. These instructions may include guidelines regarding the use of calculators, restrictions on bringing certain items to the examination hall, or any specific requirements. Following these instructions quite closely is important if you want to avoid any disqualification or inconvenience during the selection process.
IDBI Executive Vacancies 2024
The IDBI Bank Recruitment 2024 offers a total of 1000 vacancies, providing a significant opportunity for candidates seeking a career in the banking sector. These vacancies for the IDBI Bank Exam are part of IDBI's efforts to onboard skilled professionals to contribute to its growth and operations. The position is initially offered on a contractual basis, with the potential for extensions and future appointments as Assistant Managers (Grade A) based on performance. Candidates interested in these vacancies should ensure they meet the eligibility criteria and apply within the designated dates. You can get more details on the vacancies from the table below:
Post | Category | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
Total | UR | SC | ST | OBC | EWS | PWD | ||||
VI | HH | OH | MD/ID | |||||||
Executives - Sales and Operations (ESO) | 1000 | 448 | 127 | 94 | 231 | 100 | 10 | 10 | 10 | 10 |
IDBI Bank Exam Eligibility Criteria 2024
To apply for the IDBI Bank Exam , it is essential to meet the specific eligibility criteria set by the bank. The official IDBI Bank Recruitment for the year 2024 outlines these requirements, and failure to comply with them may result in the rejection of your application.
The primary eligibility criterion for the IDBI Bank Recruitment is educational qualification—you must be a graduate from a recognized university or institution. This ensures that candidates possess the necessary academic background to perform the duties associated with the role. Additionally, candidates must meet the age requirements set by IDBI Bank. Both the educational qualification and age criteria must be satisfied as of October 01, 2024, for your application for the IDBI Bank Exam to be considered valid.
Sticking to these IDBI Bank exam eligibility criteria for 2024 is very important if you want to participate in the IDBI Bank Recruitment . Be sure to review the eligibility details carefully in the official notification to confirm you meet the necessary qualifications before submitting your application.
IDBI Executive Exam Pattern & Syllabus 2024
TheIDBI Bank Recruitment for 2024 can be counted among the important examinations and therefore, its preparation will also need extra attention, as the competition is quite high. To be able to prepare well, the first step is to take a look at the IDBI Executive exam pattern & syllabus 2024. This will give you a clear idea of how much attention needs to be given to each subject. The IDBI Executive selection process consists of the following stages-
- Online Test
- Document Verification
- Pre-recruitment Medical Test
Knowing the syllabus for any exam that you are going to write is an important step to clear the exam with flying colours. Therefore, it will be advantageous if you note down the syllabus for the 2024 IDBI Bank Exam well in time, so that you can start your preparation accordingly. Detailed info on the IDBI Executive exam syllabus 2024 will give you an understanding of which topics to focus more on. Along with the syllabus, it is equally important to know about the useful IDBI Bank Recruitment books for the exam.
IDBI Bank Exam Dates 2024
TheIDBI Bank Recruitment for 2024-2025 was released on November 06, 2024, on the official website of IDBI. The IDBI Bank Exam recruitment 2024 carries all the information, such as the IDBI Bank Recruitment and its application wondoe, IDBI Bank exam date 2024 and more. Being aware of all the important IDBI Bank exam dates will help you in devising a structured study plan that suits the exam needs. The application window for the IDBI Bank Recruitment will begin on November 07, 2024, and will close on November 16, 2024.
Furthermore, the IDBI Bank exam 2024 is expected to take place on December 01, 2024 (tentatively). Candidates can download their IDBI Bank Exam admit card 2024 a few days prior to the exam. You will be asked your preference for the examination centre. You can choose your preferred IDBI Bank exam centre, however, IDBI reserves the right to allot the center of its choice.
IDBI Bank Executive Salary 2024
Salary is one of the motivating factors that attract many aspirants to any job like the IDBI Bank Recruitment. The IDBI Bank Executive salary 2024 varies according to the number of years of the contract. Appointed as an IDBI Executive you will not be entitled to any benefits/allowances such as Dearness Allowance, House Rent Allowance, PF or any gratuity for the IDBI Bank Recruitment. You can be posted in any branch or department or office as per the requirement of the IDBI Bank. However, you will be covered under the IDBI Bank Ltd. New Pension Scheme.
Furthermore, IDBI Bank offers avenues for growth and career progression. Through performance-based evaluations, employees have the opportunity to climb the corporate ladder and assume higher responsibilities within the organization.
In addition to the above, working as an Executive in IDBI Bank you will be exposed to various banking functions, such as retail banking, corporate banking, credit analysis, operations, and more. This diverse exposure will enhance your understanding of the banking industry and provide a solid foundation for future career growth.
IDBI Executive Previous Year Cut-off
The IDBI Executive previous year cut-off will act as a benchmark for aspirants to gauge the level of competition and set their preparation goals accordingly. It will provide you with an understanding of the minimum score required to qualify the IDBI Executive exam 2024. By knowing the IDBI previous year cut-off marks, you can aim to surpass it and secure a better position in the merit list. It is also important to note that the cut-off of any exam depends on the difficulty level of the exam. If the exam is of the moderate level cut off will be high and if the difficulty level is high then the cut off will be low. Given below is the IDBI Executive cut-off for the previous year.
IDBI Executive Free Mock Tests
To ensure success in any examination, it is extremely important to test yourself too along with just studying or preparing for it. It is very important to test and also practice for the real exam rather than just reading or learning. Therefore you should practice as many mock tests as you can to brush up your knowledge completely. ixamBee is providing IDBI Executive mock tests for various exams. Any candidates interested in taking the IDBI Executive Mock Tests can log in to the website and can attempt the mock tests right away.
IDBI Banking Executive - Free Mock Tests
IDBI Banking Executive - Previous Year Question Paper
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