IDBI Bank Assistant Manager Recruitment 2017 – Apply online for 1000 Posts

IDBI Bank Assistant Manager Recruitment for 1000 Posts: – IDBI Bank has published a notification regarding the recruitment for 1000 Assistant Manager Vacancies. Candidates have to undergo and successfully clear the prescribed course before being inducted.IDBI Bank, IDBI Bank Assistant Manager Recruitment, IDBI Bank Vacancy Details, IDBI Bank Selection Process, IDBI Bank Assistant Manager

Eligible candidates can apply online till 09 December 2016. Course will be conducted by Manipal School of Banking.

Post: – Assistant Manager.

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IDBI Bank, IDBI Bank Assistant Manager Recruitment, IDBI Bank Vacancy Details, IDBI Bank Selection Process, IDBI Bank Assistant Manager

Eligibility: – Graduation Degree.
Location: – All India.
Last date: –
09 December 2016.
Age limit: – maximum 28 years.
Advertisement number: – 2/2016-17.

IDBI Bank Vacancy Details of Assistant Manager Posts: –

Total Vacancy: – 1000 posts.
Name of post: – Assistant Manager.
1) SC – 138 posts.
2) ST – 108 posts.
3) OBC – 285 posts.
41 posts are reserved for PwD candidates.

IDBI Bank Assistant Manager Recruitment Eligibility Criteria: –

Eligibility: – Candidate should possess a graduation degree with minimum 60% marks in any discipline from a recognized university or institute. Minimum 55% marks are needed for SC/ ST/ PWD candidates.

Age limit: – The age of candidate should be between 20 and 28 years as on 01 October 2016. The applicant must have been born not earlier than 02 October 1988 and not later than 01 October 1996 (both dates inclusive).

Age relaxation as per the Government of India rules will be as follows.

  • SC/ ST – 05 years.
  • OBC (NCL) – 03 years.
  • PwD – 10 years.
  • Ex-servicemen – 05years.
  • Affected by 1984 riots – 05 years.
  • Persons ordinarily domiciled in the State of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989 – 05 years.

Pay scale: – The candidates will get a stipend of Rs 2500 per month during training.
In the internship period the candidate will get Rs 10000 per month. After joining bank as the Assistant Manager the candidate will get Rs 14400 as basic pay.

Application fee: – A non-refundable application fee as given below will be charged from the candidates.

  • Rs 150 – for SC/ST/PWD candidates.
  • Rs 700 – for all others.

Mode of payment: – Application fee can be paid only in online mode. Candidates can use debit cards (ru-pay/Visa/master-card/maestro), credit cards, internet banking, IMPS, cash cards/ mobile wallets.

IDBI Bank Selection Process: –

Selection process: – The selection process for the getting selection in the MSB will comprise of an Online Test and subsequent interview. The structure of the Examination is as follows:

Sr. no. Name of test No. of questions Maximum marks
1 Reasoning 50 50
2 English Language 50 50
3 Quantitative Aptitude 50 50
4 General Awareness (With Special Reference to Banking) 50 50

Total time duration of the exam will be two hours.

The above tests except the Tests of English Language will be available bilingually. The final selection or offer of employment would be made based on applicant’s marks in the online test, being found medically fit and subject to fulfillment of all other eligibility criteria as stipulated in the advertisement.

Those candidates who are finally selected will undergo a prescribed course at Manipal School of Banking for the one year program.
Candidates will be inducted in the bank as Assistant Manager (Grade A) after further training of about nine months.

Program fee: – Program fees for this Course will be Rs 350000 (Rs. Three lakh fifty thousand only) plus service taxes, as applicable, to be paid by the students in installments as per a fixed schedule during the 1 year program ( inclusive of course fees, lodging, boarding and other fees, etc.).

How to apply: – Candidates should apply online on website along with scanned images of latest photograph and other relevant documents.

Important dates for IDBI Bank Assistant Manager Recruitment: –

  • Cut-off date for DOB – 01 October 2016.
  • Opening date for online application – 25 November 2016.
  • Last date to submit online application – 09 December 2016.
  • Online exam date – 03 February 2017.

Click here for recruitment advt.

Click here for online application.

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About IDBI Bank Recruitment
IDBI Bank is an Indian government-owned financial service company, formerly known as Industrial Development Bank of India, headquartered in Mumbai, India. It was established in 1964 by an Act of Parliament to provide credit and other financial facilities for the development of the fledgling Indian industry.

IDBI Bank is currently 10th largest development bank in the world in terms of reach, with 3350 ATMs, 1853 branches, including one overseas branch at Dubai, and 1382 centers. It is one of 27 commercial banks owned by the Government of India.

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Updated: December 7, 2016 — 5:24 pm

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