Industrial Development Bank of India (IDBI) has released an advertisement for the post of Executives on a contract basis. Total No. of Post is 300. IDBI invites applications from eligible and suitable candidates for the post of Executive. Interested candidates may apply online on or before 15 April 2019.
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. It is one of the leading government banks in India. It is currently 10th largest development bank in the world in terms of reach, with 2912 ATMs, 1659 branches, including one overseas branch at Dubai, and 1013 centers, including two overseas centers at Singapore & Beijing.
Total No. of Post: 300
| Name of Post | No. of Post | Educational Qualification | Age Limit |
| Executive | 300 | A Graduate from a recognized university with min. 50% marks (45% for SC/ST/PWD) | Min.20 Years
Max.25 Years |
On successful completion of a period of 3 years of contractual service, such appointees may become eligible for appointment as Assistant Manager (Grade A‟) in IDBI Bank through a selection process that would be conducted by IDBI Bank. The Executive will be paid a lump sum/fixed remuneration as per the following chart:
| Consolidated Remuneration | · Rs.22000/- per month in the first year
· Rs.24000/- per month in the second year and · Rs.27000/- per month in the third year of service. |
Note: These executives shall not be entitled to draw any allowances such as DA, HRA, etc.
Selection of the candidates will be based on the Online Test. The structure of the Examination is as follows:
| Name of Tests | No. of Question | Max. Marks | Duration |
| Reasoning | 50 | 50 | Composite time of 90 min. |
| Working English Language | 50 | 50 | |
| Quantitative Aptitude | 50 | 50 | |
| Total | 150 | 150 |
The online test for the post of Executive would be held at the following centers:
Ahmedabad, Amritsar, Bhopal, Bengaluru, Belgaum, Bhubaneswar, Coimbatore, Chennai, Chandigarh, Delhi- NCR, Guwahati, Gwalior, Hyderabad, Jaipur, Kanpur, Greater Kolkata, Kochi, Lucknow, Madurai, Mangalore, Mumbai/Navi Mumbai/Greater Mumbai/Thane, Nagpur, Patna, Pune, Raipur, Rajkot, Ranchi, Thiruvananthapuram, Vijayawada and Vishakhapatnam
Candidates can apply only online on or before 15 April 2019 and no other mode of application will be accepted. Candidates to go to IDBI Bank’s website www.idbi.com and click on the “CAREERS/CURRENT OPENINGS” to open the link “Recruitment of Executives on Contract-2019” and then click on the option “APPLY ONLINE” which will open a new screen.
Important Dates
Last Date of Online Application Form: 15 April 2019
Date on Online Test at all centers: 16 May 2019
Important Links
Download Official Notification: Click Here
Apply Online: Link for application will be made live shortly
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I am doing bsc and now m in 3rd year of bsc so can i apply for this.IS it possible