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  2. Jobs » 
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IDBI Bank Recruitment 2024 Check Post, Age Limit, Qualification, Salary And Other Important Details

IDBI Bank Recruitment 2024: The Industrial Development Bank of India (IDBI Bank) has recently released a Recruitment Notification for Assistant General Manager, Manager Vacancies on 01.09.2024. Online Applications are invited through IDBI Bank Website idbibank.in. The application process for IDBI Bank Recruitment 2024 started on 01.09.2024, and the deadline to apply ending on 15.09.2024.

by Sangeetha

Updated Sep 02, 2024

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IDBI Bank Recruitment 2024 Check Post, Age Limit, Qualification, Salary And Other Important Details

IDBI Bank Recruitment 2024 Notification Out Assistant General Manager, Manager Vacancies, Check Eligibility at idbibank.in

The IDBI Bank Recruitment 2024 notification invites applications for the positions of Assistant General Manager and Manager. The total number of vacancies is 56, with a salary range of ₹1,19,000 to ₹1,57,000 per month.

Candidates for the Assistant General Manager role must have a Post-Graduate degree and at least 7 years of relevant experience, including 4 years in corporate or retail finance. For the Manager position, a graduation degree and 4 years of experience, including 2 years in corporate or retail finance, are required.

The age limits for these positions are 28 to 40 years for Assistant General Manager and 25 to 35 years for Manager, as of August 01, 2024. Applicants must submit their applications online through the IDBI Bank website by September 15, 2024. The application fee is ₹200 for SC/ST candidates and ₹1,000 for General, EWS, and OBC candidates, with transaction charges borne by the applicant.

The selection process includes preliminary screening, followed by Group Discussions and/or Personal Interviews. Candidates are advised to ensure their eligibility before applying, as the application fee is non-refundable and the process is strictly online. For further details and to apply, visit the official website at idbibank.in

Company Name

Industrial Development Bank of India (IDBI Bank)

Post Name

Assistant General Manager, Manager

No of Posts

56

Salary

Rs 119000 to Rs 157000/-

Age Limit

Min 25 - to Max - 40

Last Date to Apply

September 15, 2024

Official Website

idbibank.in

Qualifications Details for IDBI Bank Recruitment 2024

  • Assistant General Manager: Post-Graduate degree from any University recognized by Govt. of India or its regulatory bodies. Additional qualifications like JAIIB/CAIIB/MBA shall be preferred.
  • Minimum 7 years of experience as an officer or equivalent in Corporate Finance/ Corporate Credit/ Retail Credit (functions viz. Sanction/ Credit Monitoring/ credit appraisal, credit administration/ operations, credit risk, Branch Head having credit experience, etc.) in Scheduled Commercial Banks (as defined under RBI Act).
  • Out of the above, a minimum of 4 years experience in Corporate/ Retail finance in the areas viz. credit sourcing & appraisal of large ticket size loans, documentation, credit administration/operations, credit risk, Credit recovery, etc.
  • Manager: Graduation from any University recognized by Govt. of India or its regulatory bodies. Additional qualifications like JAIIB/CAIIB/MBA would be preferred.
  • Minimum 4 years of experience as an Officer or equivalent in Corporate Finance/ Corporate Credit (Credit functions viz. Sanction/ Credit Monitoring/ credit appraisal, credit administration/ operations, credit risk, etc.) in Scheduled Commercial Banks as defined under the RBI Act.
  • Out of the above, a minimum of 2 years’ experience in Corporate / retail finance in the areas of credit sourcing & appraisal of large ticket size loans, documentation, credit administration /operations, credit risk, Credit recovery, etc.
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Age Limit for IDBI Bank Recruitment 2024

Age Criteria as of August 01, 2024:

  • Post Age Assistant General Manager, Grade ‘C’:

    • Minimum Age: 28 years
    • Maximum Age: 40 years
    • Candidates must be born between August 2, 1984, and August 1, 1996 (inclusive).
  • Manager – Grade ‘B’:

    • Minimum Age: 25 years
    • Maximum Age: 35 years
    • Candidates must be born between August 2, 1989, and August 1, 1999 (inclusive).
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Pay Scale for IDBI Bank Recruitment 2024

Post

Current Pay Scale

Gross Emolument (Metro Cities)

Assistant General Manager, Grade ‘C’

₹85,920 - ₹99,320 - ₹1,05,280 (8 years)

₹1,57,000/- per month (approx.)

Manager – Grade ‘B’

₹64,820 - ₹67,160 - ₹93,960 (12 years)

₹1,19,000/- per month (approx.)

Application Fee for IDBI Bank Recruitment 2024

Application Fee/Intimation Charges (Non-Refundable):

  1. Withdrawal and Refund Policy:

    • Applications cannot be withdrawn once submitted.
    • Application fees once paid are non-refundable under any circumstances and cannot be transferred to future selection processes.
    • Candidates should confirm their eligibility before submitting their application and paying the fees.
  2. Application Fee by Category:

    • SC/ST: ₹200/- (Intimation charges only, including GST)
    • General, EWS & OBC: ₹1,000/- (Application fee + Intimation charges, including GST)
  3. Online Payment:

    • Transaction charges for online payment of application fees/intimation charges are the responsibility of the candidate.
  4. Multiple Applications:

    • In the case of multiple applications, only the last valid (complete) application will be considered. Fees paid for other multiple registrations will be forfeited.
  5. Non-Refundable Policy:

    • Online applications, once registered, cannot be withdrawn. The application fee/intimation charges paid are non-refundable.

Selection Process for IDBI Bank Recruitment 2024

  • The selection process for aforesaid post/position will comprise of preliminary screening of stipulated eligibility criteria of Age, Educational Qualifications and working experience etc. as declared by the candidate in the application form. Candidature after preliminary screening and without verification of documents would be provisional for all Posts/ Grades and would be subject to verification with the originals.
  • Bank reserves the right to change (cancel/ modify/ add) any of the criteria, method of selection and provisional selection etc. Taking into account the number of vacancies proposed to be filled, Bank reserves the right to call limited number of candidates for selection process at its sole discretion and/or requirement.
  • Number of candidates (as decided by the Bank) will be shortlisted based on their qualification, experience and overall suitability for selection process. Most suitable candidates will be called for the selection process i.e. Group Discussion and /or Personal Interview (PI). Merely applying/ being eligible for the post does not entitle any right to the candidate to be called for the selection process.
  • The venue, time and date for selection process will be informed to the shortlisted candidates through notification on Bank’s website and/or through call letter on/ to Registered Email/SMS. Request for change of center/date/time etc. shall not be entertained/ considered.
  • However, the Bank reserves its right to change/ add/ cancel the date, time, and venue for the selection process at its discretion. The changes, if any, would be suitably advised to the candidates by notification on Bank's website or as decided by the Bank.

How to Apply for IDBI Bank Recruitment 2024

Candidates are required to apply Online through website (Careers). No other means/ mode of application will be accepted.

Candidates are required to have a valid personal Email ID and Mobile number. It should be kept active till completion of this recruitment process. Bank may notify through the registered Email ID. In case, a candidate does not have a valid personal email ID, he/ she should create his/ her new email ID before applying Online

Use of special characters while filling the form will not be allowed. In case the candidate is unable to fill in the application form in one go, he/ she can save the data already entered. When the data is saved, a Provisional Registration Number and password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and password.

An Email & SMS indicating the Provisional Registration Number and Password will also be sent. They can reopen the saved data using Provisional Registration Number and password and edit the particulars, if needed. This facility will be available for three times only. Once the application is filled in completely, candidate should submit the data.

Notification PDF for IDBI Bank Recruitment 2024

Notification PDF for IDBI Bank Recruitment 2024 is available. To access the official notification, click on the provided link. Additionally, the application link for IDBI Bank Recruitment 2024 is also provided

Click For The Official Notification




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