IDBI announces 760 Executive posts ( 2017-18 Recruitment)

IDBI announces 760 Executive posts ( 2017-18 Recruitment)

  1. Important Dates :

    • Online Registration : Feb. 06, 2018 to Feb. 28, 2018
    • Payment of Application Fee/ Intimation Charges - Online : Feb. 06, 2018 to Feb. 28, 2018
    • Date of Pre-Examination training for the SC/ ST / OBC applicants at all centers : Apr. 16, 2018 to Apr. 21, 2018
    • Date of Online Test at all centers : April 28, 2018
  2. Eligibility Criteria ( As on 01.01.2018) :

    Educational Qualification : A Graduate from a recognized university with minimum 60% marks (55% for SC/ST/PWD)

    Age : Minimum - 20, Maximum- 25

  3. Emoluments, Career prospects and Service Conditions:

    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. The Executive will be paid a lump sum/fixed(Consolidated remuneration) remuneration given below.

    • Rs 17,000 per month in the first year
    • Rs 18,500 per month in the second year and
    • Rs 20,000 per month in the third year of service
  4. Selection process :

    The selection process for the post of Executive will comprise of an Online Test. The structure of the Examination is as follows:

    S. No Name of Tests No of Qs Max Marks Duration
    1 Test of Reasoning 50 50 Composite time of 90 Minutes
    2 Test of Working English Language 50 50
    3 Test of Quantitative Aptitude 50 50
    TOTAL 150 150

    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. I

  5. Final Selection: The applicants, who are successful in the online test, would be called for a document verification and Pre-Recruitment Medical Test. The final selection or offer of employment would be made based on applicant’s marks in the online test, being found medically fit and subject to fulfillment of all other eligibility criteria as stipulated in the advertisement.

  6. Application fee :

    • Rs 150/- for SC/ST/PWD candidates
    • Rs 700/- for all others.