IDBI Executive Recruitment 2024: Comprehensive Guide

 

IDBI Executive Recruitment 2024: Comprehensive Guide.

The Industrial Development Bank of India (IDBI) has announced its recruitment for the position of Executive in the Sales and Operations department for the year 2024. This recruitment presents an excellent opportunity for candidates looking to establish a career in the banking sector. Below, we delve into the details of this recruitment drive, including important dates, eligibility criteria, selection process, and more.

Overview of IDBI Executive Recruitment 2024

IDBI is a government bank that operates as a development finance institution. The Executive positions are crucial for the bank as they directly impact sales and customer interaction. The recruitment notification outlines various key aspects that candidates need to be aware of.

• Post: Executive (Sales and Operations)
• Total Vacancies: 1000
• Online Application Dates: November 7, 2024 - November 16, 2024
• Online Test Date: December 1, 2024

Eligibility Criteria

To apply for the IDBI Executive positions, candidates must meet certain eligibility criteria. Here’s a breakdown:

Educational Qualification

Candidates must possess a bachelor’s degree from a recognized university. Additionally, proficiency in computer operations is essential. This educational background ensures that candidates have the necessary skills to perform effectively in the banking environment.

Age Limit

The age of candidates should be between 20 to 25 years as on October 1, 2024. Age relaxations are provided for reserved categories:

• OBC: 3 years
• SC/ST: 5 years
• Ex-servicemen: 5 years
• Persons with disabilities: 10 years

Salary and Contract Terms

The salary structure for the IDBI Executive positions is as follows:

• First Year: ₹29,000 per month
• Second Year: ₹31,000 per month

The position is on a contractual basis for two years, with the possibility of extension based on performance. Candidates should note that executives are not entitled to any allowances like DA, HRA, etc.

Selection Process

The selection process for the IDBI Executive recruitment includes several stages:

• Online Test: This will consist of multiple-choice questions covering various subjects.
• Document Verification: Candidates who qualify the online test will undergo document verification.
• Personal Interview: A personal interview will be conducted for shortlisted candidates.
• Medical Examination: Candidates will need to pass a medical examination to ensure fitness for the role.

Online Test Pattern

The online test will feature questions in the following subjects:

• Logical Reasoning, Data Analysis & Interpretation
• English Language
• Quantitative Aptitude
• General/Economy/Banking Awareness/Computer/IT

Each section will have a specific number of questions and marks allocated. Notably, negative marking of 0.25 marks will be applied for each incorrect answer.

Application Process

To apply for the IDBI Executive positions, candidates must follow these steps:

1. Visit the official IDBI Bank website.
2. Register by providing the required details.
3. Fill out the application form with accurate information.
4. Upload necessary documents, including a photograph and signature.
5. Pay the application fee and submit the form.

Application Fee

The application fee varies based on the category:

• SC/ST/PWD: ₹200
• Others: ₹1000

Important Dates

Candidates should note the following important dates related to the recruitment process:

• Application Start Date: November 7, 2024
• Application End Date: November 16, 2024
• Online Test Date: December 1, 2024

Exam Centers

The online exam will be conducted at various centers across India. Some of the major centers include:

• Bangalore
• Belgaum
• Dharwad
• Gulbarga
• Mangalore
• Mysore

Conclusion

The IDBI Executive Recruitment 2024 is an excellent opportunity for candidates looking to build a career in the banking sector. With a clear understanding of the eligibility criteria, selection process, and application procedure, candidates can prepare effectively and enhance their chances of securing a position. Be sure to keep track of important dates and prepare thoroughly for the online test.