IDBI Assistant Manager Recruitment 2023-24: Industrial Development Bank of India (IDBI) has released the latest notification for the recruitment of 600+ Assistant Manager Grade 'A'. Eligible candidates can apply online for IDBI Assistant Manager Vacancy 2023-24 from the website idbibank.in starting from February 17, 2023. All the details related to IDBI Assistant Manager Recruitment 2023-24 are given below.
| Recruitment Organization | Industrial Development Bank of India (IDBI) |
| Post Name | Assistant Manager Grade-A |
| IDBI Assistant Manager notification 2023 Released Date | 17 February 2023 |
| Vacancies | 600 |
| IDBI Assistant Manager apply online 2023 Start date | 17 February 2023 |
| IDBI Assistant Manager apply online 2023 last date | 28 February 2023 |
| Job Location | All India |
| Mode of Apply | Online |
| Online Exam Date | April 2023 (Tentative ) |
| Online Exam Result | To be announced |
| IDBI Assistant Manager apply online 2023 | Apply Here |
IDBI Assistant Manager Notification 2023-24 Vacancy:-
| Total Number of Vacancies # | Reserved for | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unreserved (UR) | SC | ST | OBC | EWS | PWD | ||||
| VI | HI | OH | MD/ID | ||||||
| 600 | 244 | 190 | 17 | 89 | 60 | 8 | 8 | 8 | 8 |
# The number of vacancies mentioned above is provisional and can be modified/ cancelled at the sole discretion of the Bank, without any intimation. The Bank also reserves the right to shortlist candidates and consider these shortlisted candidates for future requirements. Offer Letter may be issued in phases as per the Bank's requirement.
| Name of Post | Minimum Educational Qualification |
Experience | Age (years) as on 01/01/2023 |
Tentative Date of Online Test |
|||
|---|---|---|---|---|---|---|---|
| Assistant Manager | Graduate from a recognized university. * |
Minimum 2 years of experience in Banking financial service and Insurance Sector | Minimum :- 21 Year Maximum :- 30 Year** |
April , 2023*** | |||
IDBI Assistant Manager Eligibility Criteria (as on January 01, 2023):-
| Parameter | Assistant Manager 2023 | |||||||
|---|---|---|---|---|---|---|---|---|
| Age | Minimum: 21 years ; Maximum: 30 years The candidate must have been born not earlier than January 02, 1993 and not later than January 01, 2002 (both dates inclusive) |
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| Education Qualification | Graduate from a recognized university Passing only a diploma course will not be |
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| Parameter | Assistant Manager 2023 | |||||||
| considered as qualifying the eligibility criteria. | ||||||||
| Work Experience | Minimum 2 years of experience in Banks and financial service (including but not limited to Micro Finance Institutions/Non Banking Financial Companies/Cooperative Banks/ Regional Rural Banks/Fintech Companies) & Insurance Sector. Experience should be Full time & as a permanent employee (Experience below 06 months in any organization will not be reckoned). |
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* The university / institute should be recognized / approved by Government; Government Bodies viz., AICTE, UGC etc. **Relaxation in maximum age to SC/ST/OBC/PWD/Ex-Servicemen as per Government guidelines. ***Modification or change in the date of the Online Test, if any, would be intimated through a (Notice) on the website of the IDBI Bank.
IDBI Bank Assistant Manager Notification 2023 Salary:-
Specific information/ instructions for Assistant Manager 2023 process;-
(i) Career Prospects and Emoluments
After joining the Bank’s services as Assistant Manager Grade ‘A’, 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.
(ii) Terms of Appointment and Posting
Initial appointment in the post of Assistant Manager is on probation for a period of 1 year from the date of joining the Bank (which can be extended at the discretion of the Bank). Candidates will be posted at Bank’s discretion, to any offices of the Bank or the departments / offices / business units / the Bank’s associate institutions. The candidates will also be liable to be transferred to any place in / outside India, as the Bank may decide from time to time in terms of the Bank’s prevailing rules/policies.
IDBI Assistant Manager Selection process :-
The selection process shall comprise of Online Test (OT), Document Verification (DV), Personal Interview (PI) and Pre Recruitment Medical Test (PRMT). Fitness of the candidates after PRMT would be based on the prevailing guidelines of the Bank. The above mentioned selection process are indicative and Bank is at liberty to alter/ amend/ modify the same at any time without assigning any reason whatsoever. The structure of the OT is as follows:
| Sr. No. |
No. of Questions | Duration | ||
|---|---|---|---|---|
| 1. | Logical Reasoning, Data Analysis & Interpretation | 60 | 60 | Composite time of 2 hours |
| 2. | English Language | 40 | 40 | |
| 3. | Quantitative Aptitude | 40 | 40 | |
| 4. | General/Economy/Banking Awareness/ Computer/IT | 60 | 60 | |
The above tests except the tests of English Language will be available bilingually, i.e. English and Hindi.
- i. Candidates have to qualify in each of the four tests/sections, by securing cut-off marks as decided by the Bank.
- ii. Penalty for Wrong Answers - For each question for which a wrong answer has been given by the candidate, one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.
- iii. Candidates qualifying in OT will form the pool of shortlisted candidates and will be eligible for further selection process. Such candidates will be called on the 5 basis of higher order of marks and age within their respective category, subject to availability of vacancies in the respective category and /or at the discretion of the Bank.
- iv. The category wise merit/wait list of the candidates will be prepared as per the following formula:
Final Score = 3/4 of Online Test Score +1/4 of Interview Score
- v. The final selection or offer of employment would be made based on category wise final marks obtained in the Selection Processes, being found medically fit and subject to fulfillment of all other eligibility criteria as stipulated in the advertisement.
Nationality / Citizenship
Candidates must be either (a) a citizen of India, or (b) a subject of Nepal, or (c) a subject of Bhutan, or (d) a Tibetan refugee (who came over to India before 1st January 1962) with the intention of permanently settling in India or (e) a person of Indian origin, who have migrated from Pakistan, Myanmar (formally Burma), Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (b), (c), (d) or (e) above shall be a person in whose favour a certificate of eligibility has been issued by Government of India. The candidate, in whose case a certificate of eligibility is necessary, may be admitted to the selection process conducted by the Bank, but on final selection, the offer of appointment may be given only after the necessary eligibility certificate have been issued to him/ her by the Government of India.
IDBI Assistant Manager Notification 2023 Educational Qualifications
- i. A Graduate from a recognized university. Passing only a diploma course will not be considered as qualifying the eligibility criteria.
- ii. The university / institute should be recognized / approved by Government; Government Bodies viz., AICTE, UGC etc. .
- iii. The candidate must possess valid Mark-sheets (year/semester wise or consolidated) and Degree/ Provisional Degree Certificate issued by the University showing that he/ she is a graduate as on January 01, 2023 before registration. The date mentioned on the final year/ semester mark-sheet or Degree/ Provisional degree certificate issued by University will be reckoned as the date of passing the graduation. In case the result of a particular examination is posted on the website of the University / Institute and web based certificate is issued then proper document/certificate in original issued and signed by the appropriate authority of the University / Institute indicating the date of passing properly mentioned thereon will be reckoned for verification and further process. Candidates must therefore possess proper mark sheets and certificates before registering.
- iv. Computer Literacy: Operating and working knowledge of computer is mandatory i.e. candidates should have Certificate/Diploma/Degree in computer operations/Language/ should have studied Computer / Information Technology as one of the subjects in the High School/College/Institute.
Work Experience
i. Minimum 2 years of experience in Banks and financial service (including but not limited to Micro Finance Institutions/Non Banking Financial Companies/ Cooperative Banks/Regional Rural Banks/Fintech Companies) & Insurance 8 Sector. Experience should be Full time & as a permanent employee (Experience below 06 months in any organization will not be reckoned). ii. Experience through an outsourcing vendor, service provider, KPO/BPO / IT support services provider or any akin / similar entity , third party payrolls, On contract (any entity) will not be considered.
Note:
(a) Candidates may note that if at any stage of the hiring process or post appointment a discrepancy is noted with regard to experience claimed, Bank reserves the right to summarily reject/nullify the candidature of such candidate / any other action as deem fit. (b) IDBI Bank reserves the right to establish the work experience, as at 4 (i) and (ii) above and also reject/accept the applications submitted in response to this advertisement without assigning any reason whatsoever.
Others :-
Candidature of candidates against whom there is/ are adverse report regarding character, antecedents, moral turpitude etc. is also liable to be rejected at any stage of the recruitment process or termination of services, if appointed.
IDBI Assistant Manager How to apply:-
Candidates can apply through Online only, from February 17, 2023 to February 28, 2023 both dates inclusive. Application in any other mode will not be accepted.
1. Before applying, candidates should:-
- (i) Have a valid personal email-id and mobile number, which should be kept active till the completion of Recruitment Process. The Bank may send call letters for the examination and/ or other information to the registered email-id/ mobile number. In case of non-receipt of the communication/information due to technical defect, error or failure, the Bank shall not be responsible for the same. Candidates are advised not to change their email-id/ mobile number till the recruitment process is completed.
- (ii) Scanned photograph, thumb impression, hand written declaration and signature as per specifications as given under guidelines at (Annexure I). The text for the hand written declaration is as follows – “I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.”
- (iii) The signature, left thumb impression, the hand written declaration should be of the candidate and not of any other person.
- (iv) If at a later stage of selection process or appointment, the signature/ thumb impression/ the handwriting on the handwritten declaration of the candidate is found to be dissimilar / different as per Bank’s opinion and/or expert analysis, the candidature of the candidate will be cancelled. Signature / Hand written declaration in CAPITAL LETTERS shall NOT be accepted
IDBI Assistant Manager Age Limit 2023:-
Minimum: 21 years
Maximum: 30 years
The candidate must have been born not earlier than January 02, 1993 and not later than January 01, 2002 (both dates inclusive)
As per the IDBI Assistant Manager notification 2023 pdf, the age relaxation for the candidates who belong to the reserved category is mentioned in the table below:
Category | Maximum Age relaxation |
Scheduled Caste/Scheduled Tribe | 5 years |
Other Backward Classes (Non-Creamy Layer) | 3 years |
Persons With Disabilities | 10 years |
Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers(SSCOs) who have rendered at least 5 years of military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalided. | 5 years |
Persons affected by the 1984 riots | 5 years |
Note -
- i. Relaxation in upper age limit to SC/ST/OBC (NCL) candidates is allowed on cumulative basis with only one of the remaining categories for which age relaxation is permitted as mentioned above table in Point No. 3 to 5.
- ii. The maximum age limit specified is applicable to General Category candidates (given at ‘C’ above).
- iii.Candidates seeking age relaxation will be required to submit necessary valid certificate(s) in original/ along with photocopies at the time of document verification and at any subsequent stage of the recruitment process as required by the Bank. In case of Ex-servicemen who have once joined in a Govt. job on the civil side after availing the benefits given to him as Ex-servicemen for his reemployment, his Ex-servicemen status for the purpose of re-employment ceases.
IDBI Assistant Manager Application Fees:-
Online Payment Of Fees- Payable from February 17, 2023 to February 28, 2023 [both dates inclusive]
(i) Payment is to be made only in Online mode as follows
- SC/ST/PWD candidates -Rs.200/- (Only Intimation Charges) •
- All other candidates -Rs.1000/- (Application Fees and Intimation Charges)
- (ii) Bank Transaction charges / convenience charges or any other charges applicable for Online Payment of Application fees/Intimation charges will have to be borne by the candidate. (iii) The last date for payment of fee would be the same even for candidate’s applying from far- flung areas. No mode other than online mode of payment would be acceptable.
- (iv) Candidates are advised to go through the advertisement thoroughly and ensure that they fulfill all the eligibility criteria before making the payment, as fee once paid will not be refunded or adjusted under any circumstances.
- (v) The application form is integrated with the Payment Gateway and the payment process can be completed by following the instructions given below.
- (vi) The payment can be made by using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets etc .
- (vii) After submitting your payment information, PLEASE WAIT FOR THE INTIMATION FROM THE SERVER. DO NOT PRESS BACK OR REFRESH BUTTON IN ORDER TO AVOID DOUBLE CHARGE/ PAYMENT FAILURES.
- (viii) On successful completion of the transaction, an e-Receipt will be generated.
- (ix) Non-generation of ‟E-Receipt‟ indicates PAYMENT FAILURE. On failure of payment, Candidates are advised to login again using their Provisional Registration Number and Password and repeat the process of payment. ADVERTISEMENT NO. 2 /2023-24 13
- (x) Candidates should print online application form containing fee details. Please note that if the same cannot be generated online, transaction may not have been successful.
- (xi) Preserve the hard copy of the system generated online Application Form and E-Receipt for submission during further process. The hard copy is not to be sent to the bank.
- (xii) For Credit Card users: All charges are listed in Indian Rupee. If you use a nonIndian credit card, your bank will convert the amount to your local currency based on prevailing exchange rates.
- (xiii) To ensure the security of your data, please close the browser window once your transaction is completed. (xiv) Bank is not liable to refund the fees paid and/or any charges in event of nonselection of candidate at any stage or closure or filling of all vacancies or in any other circumstances/conditions.
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MAHENDRA GURU