IDBI Bank Recruitment 1544 Vacancy

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IDBI Bank Recruitment 1544 Vacancy | IDBI Bank Executive & Assistant Manager Recruitment 2022 | IDBI Bank: 1544 Executive & Assistant Manager Posts 2022 | The Candidates are requested to apply between 03.06.2022 to 17.06.2022.

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[ Highlights ] IDBI Bank Recruitment 1544 Vacancy

Organization Name IDBI Bank Ltd
Notification NumberAdvertisement No. 1/2022-23
Job Type / Category Banking job
Employment type Regular Basis job
Number of Vacancy 1544
Post Name Executive & Assistant Manager, Grade ‘A’ (PGDBF 2022-23) Posts
Place of Posting Anywhere in India
Starting date03.06.2022
Last date 17.06.2022
Apply Mode Online

Vacancy Details of IDBI Bank Recruitment 1544 Vacancy

Total Number of Vacancies : vacancies

S.NoName of Post Number of post
1Executives (on Contract)1044
2Admissions to IDBI Bank PGDBF 2022-23 for absorption as Assistant Manager, Grade ‘A’500
Total1544

Salary Details for the recruitment of IDBI Bank Recruitment 1544 Vacancy

1. Executives (on Contract)
Emoluments, Career Prospects and Service Conditions:
The appointment of Executive will be p u r e l y on contractual basis. The contract would be initially for a period of 1 year and may be reviewed for extension on year-to-year basis for a further period of 2 years, subject to satisfactory performance, completion of assigned mandatory e-certifications, availability of vacancies at the relevant point of time and any other criteria. On successful completion of a period of 3 years of contractual service, such appointees shall become eligible for appointment as Assistant Manager (Grade A) in the Bank through a selection process that would be conducted by the Bank. Appointment as Grade A will be as per the prevailing policy of the Bank and availability of vacancy at the relevant point of time. The Executive will be paid a lump sum/fixed remuneration as given below:

Rs.29,000/- per month in the first year,
Rs.31,000/- per month in the second year and
Rs.34,000/- per month in the third year of service.
2. Admissions to IDBI Bank PGDBF 2022-23 for absorption as Assistant Manager, Grade ‘A’ –
The Bank has an arrangement with Manipal Global Education Services Private Limited (Manipal), Bengaluru and Nitte Education International Private Limited (Nitte), Greater Noida to provide training in Banking and Finance to prospective candidates aspiring to join the Bank as Assistant Manager Grade ‘A’. Currently the 1 year Post Graduate Diploma in Banking and Finance (PGDBF) comprises of 9 months of classroom studies at campus and 3 months of internship at the Bank’s branches or offices. However, bank reserves the right to alter the timelines as noted above based on business requirement, industry standards etc. After successful completion of the course, the candidates will be awarded PGDBF certificate and will be inducted into the Bank as Assistant Manager Grade ‘A’ subject to fulfillment of eligibility criteria as stated in this advertisement.
Programme Fees: Programme fees for this course will be Rs.3,50,000/- (Rs. Three Lakh Fifty Thousand only) plus GST, as applicable, to be paid by the students in lump sum or in installments as per a fixed schedule during the one year programme. The said fee is inclusive of course fees, lodging, boarding and other charges, etc.
Apart from the above course fees, the exam fees for undergoing various certification exams as mandated under the course will have to be borne additionally by the candidates, as per the fees charged by respective body/organizations from time to time for conducting these Certification exams.
Career Prospects and Emoluments Stipend:
During the Training Period of 9 months – Rs.2,500/- per month and during the Internship Period of 3 months – Rs.10,000/- per month.
After joining the Bank’s services as Assistant Manager Grade ‘A’, only on successful completion of the course, the extant Basic Pay currently applicable to Assistant Managers in Grade A is Rs.36,000/- per month in the pay scale of 36000-1490(7)-46430-1740(2)–49910–1990(7)-63840(17 years). Candidates should note that the pay scales, allowances, reimbursements, perquisites and other terms subsisting at the time of joining and as may be modified / amended / revised from time to time would be applicable as per rules in force from time to time.

Age Limit : [As on 01-04-2022]

1. Executives (on Contract) – Minimum: 20 years Maximum: 25 years
2. Assistant Manager, Grade ‘A’ (PGDBF 2022-23) – Minimum: 21 years Maximum: 28 years
Sr.NoCategoryAge relaxation
1UR & EWSsNIL
2Scheduled Caste/Scheduled Tribe5 years
3Other Backward Classes3 years
4Persons With Benchmark Disabilities as defined under “The Rights of Persons with
Disabilities Act, 2016 ”
10 years
5Ex-Servicemen05 years
5Persons affected by 1984 riots05 YEARS

Eligibility Criteria / Educational Qualification for the recruitment of IDBI Bank Recruitment 1544 Vacancy

1. Executives (on Contract):
Graduate in any discipline from a University recognized by the Govt. of India OR any equivalent qualification recognized as such by the Central Government. Passing only a diploma course will not be considered as qualifying the eligibility criteria.
2. IDBI Bank PGDBF 2022-23:
Graduate in any discipline from a University recognized by the Govt. of India OR any equivalent qualification recognized as such by the Central Government. Passing only a diploma course will not be considered as qualifying the eligibility criteria.

Selection Process for the recruitment of IDBI Bank Recruitment 1544 Vacancy

1 Online Test (OT)
2Document Verification (DV)
3Pre Recruitment Medical Test (PRMT).

Application fees / Exam fees for the recruitment of IDBI Bank Recruitment 1544 Vacancy

For SC/ST/PWD Candidates : Rs.200
For All Other Candidates : Rs.1000

How to apply for IDBI Bank Recruitment 1544 Vacancy

Candidate(s) fulfilling all the above clearly laid down criteria will have to apply online only through the link on the IDBI Bank website in the careers webpage under current openings section i.e. https://www.idbibank.in/ from 03.06.2022 to 17.06.2022. No other mode of application will be accepted

Important dates

Starting Date for Submission of Application03-06-2022
Closing date for Submission of Application17-06-2022
Official website Click Here
Official Notification pdfClick Here
Application form Click Here

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