IDBI Bank Executive recruitment 2019 Notification Out! 300 Vacancies

IDBI Bank Executive recruitment 2019 Notification Out! 300 Vacancies

IDBI Bank Executive recruitment 2019 Notification Out! 300 Vacancies

IDBI Bank Executive recruitment 2019 notification Out! IDBI (Industrial Development You can get all the details about the IDBI Bank Executive Vacancy, Executive Exam Pattern, Exam dates, Online Application, etc. The IDBI Bank 2019 Executive Recruitment is on contract  Basis.

IDBI Bank Executive Notification 2019, Download PDF!

Note: This post is contractual in nature which means your absorption as an Assistant Manager depends solely on your performance for 3 years. After 3 years an internal exam will be conducted. On satisfactory performance in this, the candidate will be promoted to the post of Assistant Manager (Grade A).

IDBI Bank Executive Recruitment 2019: Vacancy

IDBI bank has released the IDBI Executives notification 2019 for a total of 300 posts. Following table has the details of Reserved Vacancies -
Number of Reserved Vacancies
Number of posts
Essential Qualification
Age (years) as on 01/03/2019 Tentative Date of Online Test Reserved for
300 A Graduate from a recognized
university with a minimum of 50%
marks (45% for SC/ST/PWD)
Minimum - 20
Maximum- 25

May 16, 2019*
137 45 22 81 15 3 3 3

IDBI Executives Recruitment 2019: Important Dates

Sr. No Exam Events  Important Dates
1 Opening Date of Online Application Link will be activated soon
2 Closing Date of Online Application 15th April 2019
4 Pre-Examination training date for the SC/ ST / OBC applicants at all centers May 06, 2019 to May 11, 2019
5 Exam Date May 16, 2019

IDBI Executive Recruitment 2019: Eligibility Criteria

1) Age Eligibility Criteria

  • Minimum age of the candidate should be 20 years and maximum age requirement is 25 years as on 01.09.2018 to apply for the post of Executives in IDBI Bank.It means the candidate must have been born not earlier than 2nd March 1994 and not later than 1st March 1999.
  • There is age relaxation of 5 years for SC/ST Candidates, 3 years for OBC Candidates and 10 years age relaxation for Persons with benchmark disabilities.

2) Minimum Educational Qualifications

  • To be eligible for applying a candidate must be a Graduate in any discipline from a recognized university or any equivalent qualification recognized as such by the Central Government with a minimum 55% marks. It is 45% for SC/ST/PWD candidates.
  • The candidates who are in final year can also apply for this recruitment with the condition that on the time of document verification the candidate must have to produce proof of having passed the graduation on or before 1st March 2019.

IDBI Executive Recruitment – Salary

The IDBI Bank Executive Salary  will be paid a lump sum/fixed remuneration as per below:

Consolidated remuneration -:

Rs.22,000/- per month in the first year,
Rs.24,000/- per month in the second year and
Rs.27,000/- per month in the third year of service.

Note: These executives shall not be entitled to draw any allowances such as DA, HRA, etc.

Important Points to Note -:
  • The appointment of Executive will be on contractual basis.
  • The contract would be initially for a period of 1 year and this 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-learning certifications and availability of vacancies.
  • 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.

IDBI Bank Executive Recruitment 2019: Application Fees

S. No.



1. SC/ST/PWD Rs. 150 (intimation charges only)
2. General and others Rs. 700 (Application fees including intimation charges)

IDBI Executive Selection Procedure

There is no Interview in IDBI Executives Recruitment 2019. The candidates will be selected for the post on the basis of marks obtained in the single online test. The candidate's final selection will be done after being found medically fit as well as on fulfilling eligibility criteria as mentioned in the notification. 

IDBI Executive Recruitment – Exam pattern

The Exam pattern of the IDBI Bank Executive Online Exam is given below -:
Name of TestsNo. of QsMaximum MarksDuration
1Test  of  Reasoning5050Composite
time      of      90 minutes
2Test  of  Working  English  Language5050
3Test  of  Quantitative Aptitude5050

  • The above tests except the Tests of English Language will be available bilingually, i.e. English and Hindi.
  • 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.

For IDBI Executive Recruitment Notification – Exam Date, Exam pattern, Vacancy, etc. Keep checking this space for all the exam updates, IDBI Executive Syllabus, IDBI Executive Mock tests, IDBI Executive study Materials, etc. All the best for your preparation.

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