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IDBI Executive Recruitment 2024: Apply for 1000 Vacancies for Executive Posts

The Industrial Development Bank of India (IDBI) has announced a major recruitment drive for the position of Executive (Sales and Operations), with 1000 vacancies available under the IDBI Executive Recruitment 2024. This is an excellent opportunity for graduates to enter the banking sector and build a career with a reputable organization. Let’s dive into the complete analysis of the recruitment process, eligibility, application procedure, and other important details.

IDBI Executive Recruitment 2024
IDBI Executive Recruitment 2024

1. IDBI Executive Recruitment 2024 Overview

  • Organization: Industrial Development Bank of India (IDBI)
  • Post Name: Executive (Sales and Operations)
  • Total Vacancies: 1000
  • ADVERTISEMENT NO.: 09/2024-25
  • Recruitment Process: Online Examination → Document Verification → Pre-Recruitment Medical Examination
  • Salary: â‚ą29,000 per month in the first year and â‚ą31,000 per month in the second year
  • Application Start Date: 7th November 2024
  • Application End Date: 16th November 2024
  • Exam Date: 1st December 2024
  • Job Location: Across various branches of IDBI Bank in India

2. Vacancy Distribution for IDBI Executive 2024

IDBI has announced a total of 1000 vacancies for the position of Executive. The vacancies are divided across various categories, including General, SC, ST, OBC, and EWS. Additionally, there are special vacancies for Persons with Disabilities (PWD):

CategoryVacancies
General448
SC127
ST94
OBC231
EWS100
Total1000
VI (Visually Impaired)10
HI (Hearing Impaired)10
OH (Orthopedically Handicapped)10
MD/ID (Multiple Disabilities)10

3. Eligibility Criteria for IDBI Executive 2024

Before applying for the IDBI Executive position, candidates must ensure they meet the eligibility criteria set by IDBI Bank. This includes educational qualifications and age limits.

Educational Qualification:

  • Required: A Graduate degree in any discipline from a university recognized by the Government (UGC/AICTE).
  • Important: Only graduates will be considered eligible. A diploma will not be considered equivalent to a degree.
  • Computer Literacy: Candidates should be proficient in Computer/IT applications.

Age Limit (as of 1st October 2024):

  • Minimum Age: 20 years
  • Maximum Age: 25 years
  • Age Relaxation:
    • OBC: 3 years
    • SC/ST: 5 years
    • Ex-Servicemen: 5 years (with conditions)
    • PWD: 10 years
    • Persons Affected by 1984 riots: 5 years

4. IDBI Executive Application Process

The online application process for IDBI Executive Recruitment 2024 is conducted through the official IDBI Bank website. Here is a step-by-step guide on how to apply:

Steps to Apply:

  1. Visit the Official Website: Go to https://www.idbibank.in.
  2. Find the Recruitment Notification: Under the “Careers” section, locate the “IDBI Executive 2024” notification.
  3. Register and Fill the Application: Fill in personal and educational details, and ensure all the information is correct.
  4. Upload Documents: Upload your photograph, signature, thumb impression, handwritten declaration, and scribe declaration (if applicable).
  5. Pay the Application Fee:
    • SC/ST/PWD: â‚ą250
    • Other Categories: â‚ą1050
  6. Submit the Application: After completing the application form, submit it and download the confirmation page.

5. IDBI Executive 2024 Exam Pattern and Syllabus

The IDBI Executive Exam 2024 will consist of 200 multiple-choice questions (MCQs), spread across 4 sections. The total marks for the exam will be 200, with each section carrying a specific weight. Candidates will have 120 minutes to complete the exam.

IDBI Executive Exam Pattern:

SectionNumber of QuestionsTotal Marks
Reasoning & Data Analysis6060
English Language4040
Quantitative Aptitude4040
General/Economy/Banking Awareness/IT6060
Total200200
  • Duration: 2 hours (120 minutes)
  • Negative Marking: 0.25 marks will be deducted for every incorrect answer.

Syllabus:

The syllabus covers the following areas:

  • Reasoning: Analytical reasoning, puzzles, seating arrangements, blood relations, coding-decoding, and more.
  • English Language: Reading comprehension, vocabulary, grammar, and sentence correction.
  • Quantitative Aptitude: Number series, arithmetic, percentage, ratio and proportion, data interpretation, and more.
  • General Awareness: Economy, banking awareness, current affairs, computer knowledge, and general knowledge.

6. IDBI Executive Salary and Benefits

The IDBI Executive is appointed on a contractual basis for a period of 1 year, with the possibility of extension based on performance. The salary structure for the Executive post is as follows:

  • First Year: â‚ą29,000 per month
  • Second Year: â‚ą31,000 per month

After successfully completing the contract period, executives may be considered for a permanent role as Assistant Manager in IDBI Bank, subject to a selection process.

7. IDBI Executive Admit Card 2024

The IDBI Executive 2024 Admit Card will be available for download 10-12 days before the exam date. Candidates need to log in with their Registration Number and Password to access the admit card.

  • Admit Card Release Date: Expected between 20th to 24th November 2024.
  • Important: No hard copy of the admit card will be sent. It must be downloaded from the official website.

8. IDBI Executive Exam Centers

The IDBI Executive Exam will be conducted in multiple cities across India. Candidates can choose their preferred exam center while filling out the application form. The list of exam cities includes popular locations such as:

  • Delhi
  • Mumbai
  • Bangalore
  • Chennai
  • Kolkata
  • Hyderabad
  • Patna
  • And many more.

9. Important Dates for IDBI Executive 2024

EventDate
Notification Release Date6th November 2024
Online Application Begins7th November 2024
Online Application Ends16th November 2024
Last Date for Fee Payment16th November 2024
IDBI Executive Exam Date1st December 2024
Admit Card Release (Tentative)20th-24th November 2024

IDBI Executive Recruitment 2024: Apply Online & Notification Link

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Conclusion

The IDBI Executive Recruitment 2024 is a fantastic opportunity for graduates who want to kick-start their career in the banking sector. With a clear exam pattern, detailed eligibility criteria, and a handsome salary, this recruitment drive is a great chance to work with one of India’s leading banks.

Be sure to apply online before 16th November 2024, and start your preparation early to secure a place in the IDBI Executive 2024.

For more information and to apply, visit the official website: IDBI Bank Recruitment.

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