IDBI Executive Recruitment- Aspiring candidates now have a fantastic opportunity to work in the banking industry as the Industrial Development Bank of India (IDBI) has formally posted the notification for IDBI Executive Recruitment 2024. For the Executive position, IDBI has offered 1,000 openings. The hiring procedure will be carried out under contract.
Candidates can apply online between November 7 and November 16, 2024, after the notification was released on November 6, 2024. The online test is tentatively scheduled for December 1, 2024. To assist candidates in making an informed choice, this page offers a comprehensive summary of the IDBI Executive Recruitment 2024 procedure, eligibility requirements, test format, pay scale, and application information.
IDBI Executive Recruitment 2024
Important information on eligibility, the selection procedure, the format of the exam, and other rules are included in the official notification for IDBI Executive Recruitment 2024. To make sure they meet all qualifications and fully comprehend the procedure, candidates are urged to download and reread the IDBI Executive Notification PDF from the official website.
The announcement of 1,000 openings for IDBI Executive Recruitment 2024 was made public by the Industrial Development Bank of India (IDBI). For applicants hoping to pursue a career in banking, this hiring campaign offers a fantastic opportunity. The application window opened on November 7 and closed on November 16, 2024, after the notification was publicised on November 6, 2024.
IDBI Executive Recruitment 2024 Overviews
Parameters | Details |
Organization | Industrial Development Bank of India (IDBI) |
Exam | IDBI Executive 2024 |
Post | Executive – Sales & Operations |
Vacancies | 1,000 |
Registration Dates | 7th November – 16th November 2024 |
Educational Qualification | Graduation |
Age Limit | 20 – 25 years |
Employment Type | Contractual |
Contract Period | 1 year (extendable) |
Salary | 1st Year: ₹29,000/month; 2nd Year: ₹31,300/month |
Selection Process | Online Test & Interview |
Online Exam Date | 1st December 2024 (Tentative) |
Category | Recruitment |
Official Website | www.idbibank.in |
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About IDBI Bank Limited
Originally called the Industrial Development Bank of India, the IDBI Bank Limited was founded in 1964 as a development finance organisation that offered financial services to the industrial sector. A division of Life Insurance Corporation, IDBI Bank is a private sector bank in India. For a number of positions, the Industrial Development Bank of India (IDBI) hires qualified applicants. An online test and document verification will be used to fill the 1000 IDBI Executive positions available this year.
IDBI Executive Recruitment Notification
On November 6, 2024, the Industrial Development Bank of India (IDBI) posted the IDBI ESO Recruitment 2024 Notification on its official website, https://www.idbibank.in/, announcing 1000 openings for executive positions (Sales and Operations). The IDBI Executive 2024 Notification is a crucial document that includes all pertinent details, including the exam pattern, eligibility requirements, registration date, and selection procedure.
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Vacancy 2024
There are 1,000 Executive vacancies available throughout all IDBI Bank offices. The breakdown by category is as follows:
Category | Vacancy Count |
Unreserved (UR) | 448 |
Economically Weaker Section (EWS) | 100 |
Other Backward Classes (OBC) | 231 |
Scheduled Caste (SC) | 127 |
Scheduled Tribe (ST) | 94 |
Total | 1,000 |
Important Dates
- Notification Release Date: 6th November 2024
- Application Start Date: 7th November 2024
- Application End Date: 16th November 2024
- Online Exam Date: 1st December 2024 (Tentative)
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Application Process for IDBI Executive 2024
- Visit IDBI Bank website.
- Register/Login.
- Fill application form.
- Upload documents.
- Pay fee.
- Submit application.
- Print confirmation.
Application Fee
The application fees for different categories are:
Category | Application Fee |
UR/EWS/OBC | ₹1,050 |
SC/ST/PwBD | ₹250 |
Eligibility Criteria
Prior to applying for the position, candidates must meet the IDBI Executive 2024 qualifying requirements.
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Educational Qualification
- A graduate degree from a recognized university.
- Candidates should possess working knowledge of computers.
Age Limit
- Minimum Age: 20 years
- Maximum Age: 25 years (age relaxation for reserved categories as per government norms).
Selection Process
Both an interview and an online test are part of the selection procedure. Candidates must pass a Pre-Recruitment Medical Test (PRMT) and Document Verification after being chosen.
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Exam Pattern
There will be four components on the online test. The table below provides information about the exam’s length and question count.
Section | No. of Questions | Max Marks | Duration |
Logical Reasoning, Data Analysis & Interpretation | 60 | 60 | 40 minutes |
General/Economy/Banking Awareness/Computer/IT | 60 | 60 | 25 minutes |
Quantitative Aptitude | 40 | 40 | 35 minutes |
English Language | 40 | 40 | 20 minutes |
Total | 200 | 200 | 2 hours |
IDBI Executive Salary 2024
The starting salary for an IDBI Executive in 2024 will be ₹29,000 for the first year and ₹31,300 for the second. Please be advised that IDBI executives are not eligible for gratuities or provident funds, among other benefits or allowances. To take advantage of this chance, interested candidates should read the IDBI Executive Notification PDF and make sure to apply before the deadline.
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IDBI Executive Contractual Basis and Promotion
The one-year contract for the IDBI Executive 2024 position may be extended in accordance with performance and e-certification completion. After two years, employees may be eligible for internal selection for a promotion to Junior Assistant Manager, contingent on performance and vacancy. The IDBI Executive Recruitment 2024 is a fantastic chance for recent graduates who want to start working in banking. IDBI provides a rewarding career path with competitive pay, chances for professional advancement, and extensive training.
IDBI Executive Recruitment FAQ’S
Is IDBI Executive Notification 2024 Out?
Yes, the official notification for IDBI Executive Recruitment 2024 has been released on 6th November 2024.
What is the official website of IDBI Bank?
The official website of IDBI Bank is https://www.idbibank.in/
Is there any negative marking for IDBI Bank Online Exam?
Yes, there will be a negative marking of 0.25 marks for each incorrect answer.
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