Mohit Dhulia
IDBI Recruitment 2024: The IDBI Recruitment 2024 Notification is now available for the 500 Junior Assistant Manager (Grade “O”) positions. Candidates will be chosen based on how well they performed on the online exam, which will be followed by an in-person interview. Applications will be accepted through February 26, 2024, with the registration process starting on February 12 of that year.
The Industrial Development Bank of India (IDBI) posts vacancies for the role of IDBI Bank Executive regularly. The online written test, followed by document verification and medical examination, is used to select candidates for the position of IDBI Bank Executive. Candidates who pass these tests are hired for the position of IDBI Bank Executive.
The IDBI Executive Recruitment Examination 2024 application process is conducted entirely online. However, candidates must be familiar with the IDBI Executive Recruitment Examination 2024 qualifying requirements, exam structure, and mode of selection before applying for the examinations. The IDBI Executive Recruitment Examination 2024 exam is described in full further down in this post.
Table of Contents
The official notification for the IDBI Executive Recruitment examination is normally released in July or August, according to prior data. However, no formal announcement has been made regarding the IDBI Executive Recruitment 2024. The official notification is scheduled to be posted soon on the Industrial Development Bank of India’s official website (IDBI).
| Particulars | Details |
|---|---|
| Exam Name | IDBI Executive Examination |
| Organising Body | Industrial Development Bank of India (IDBI) |
| Exam Level | National |
| Number of Job Vacancies | More than 900 |
| Exam Frequency | Once a year |
| Exam Phases | Online Examination Document Verification/ Medical Examination |
| Application Mode | Online |
| Examination Mode | Online |
| Total Number of Questions | 150 |
| Exam Duration | 90 Minutes |
| Negative Marking | -0.25 marks |
| Exam Language | English |
| Post Open | IDBI Executive |
| Application fees | Unreserved categories: Rs. 1000/- SC/ST/PWD: Rs. 200/- |
| Official Website | https://ibpsonline.ibps.in/ |
| IDBI Executive Recruitment 2024 Events | IDBI Executive Recruitment 2024: Dates |
|---|---|
| Official Notification Release | 07 February 2024 |
| Commencement of Online Application Process | 12 February 2024 |
| Last Date to Submit Online Application Form | 26 February 2024 |
| Admit Card Issue Date | March 2024 |
| IDBI Executive Recruitment 2024 Exam Date | 17 March 2024 |
| Result Announcement | September 2024 (Tentative) |
The Industrial Development Bank of India (IDBI) is yet to issue an official announcement regarding the IDBI Executive openings. The Industrial Development Bank of India (IDBI) posts vacancies for Bank Executive recruits on its official website every year. The cut-off marks and degree of competition for the IDBI Bank Executive examination will be determined by the total number of vacancies available.
However, the prior year’s IDBI Executive Recruitment Exam vacancies are included here to assist candidates in estimating vacancies for the 2024 cycle.
| Categories | Vacancies (2021) |
|---|---|
| General | 203 |
| OBC | 135 |
| SC | 75 |
| ST | 37 |
| EWS | 50 |
| Total Vacancies | 500 |
The official notification for IDBI Executive Recruitment 2024, which includes the exam’s eligibility criteria, has yet to be released. The eligibility requirements for the IDBI Executive Recruitment 2021 examination, on the other hand, will assist you in calculating the eligibility criteria for the year 2024.
One of the most significant eligibilities for the IDBI Executive Recruitment 2024 examination is nationality. A candidate must be an Indian citizen to sit for the IDBI Executive recruitment exam. Candidates from Nepal or Bhutan, as well as individuals who have relocated from Tibet or migrated from Pakistan, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Ethiopia, Vietnam, or Burma, are all eligible to take the exam.
For the IDBI Executive Recruitment 2024 examination, the maximum age limit is 25 years, while the lowest age limit is 20 years.
Candidates in the reserved categories, on the other hand, are given some age concessions. In the IDBI Executive Recruitment 2024, certain age relaxations are offered to reserved groups of candidates, as shown in the table below:
| Categories | Age Relaxation (in years) |
|---|---|
| OBC | 3 |
| ST | 5 |
| SC | 5 |
| PwD | 10 |
| Person Domicile of Jammu and Kashmir/ The person affected by the 1984 Riots/ Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) | 5 |
Educational qualifications are another significant criterion for the IDBI Executive Recruitment 2024. Every candidate must meet this requirement to be considered for the IDBI Executive recruiting examination. The IDBI Executive Recruitment 2024 has the following educational qualifications:
The candidate must have received an overall grade point average of 55 percent in a relevant discipline at a recognized university or an equivalent qualification recognized by the central government.
To be eligible for the IDBI Executive Recruitment 2024 exam, no prior experience is required. However, the IDBI Executive Recruitment 2024 formal announcement is yet to be released.
For the IDBI Executive Recruitment 2024, there is no set number of attempts required. Candidates must, however, adhere to the age limit outlined in the official IDBI Executive Recruitment 2024 examination notification.
All interested candidates for the role of IDBI Bank Executive can apply online at the Industrial Development Bank of India’s official website. The candidates can apply for the position of IDBI Bank Executive by following the comprehensive processes outlined below.
Step 3: Application Fees for IDBI Bank Executives.
Once you’ve filled out all of the information and uploaded all of the documents, go to the payment option and finish the payment procedure to submit the form. Submit the form when you’ve paid the fees.
For the IDBI Executive recruiting procedure, the application fees are Rs. 1000/- for general and other unreserved categories; however, the prices for SC, ST, and PwD categories are Rs. 200/-.
Candidates can pay using a variety of payment channels, including Debit Card, Credit Card, Internet Banking, Cash Cards, Wallets, and other online payment options.
| Relevant Links | ||
|---|---|---|
| CBI Recruitment | Saraswat Bank | NIACL Recruitment |
| SBI Assistant Manager | JAIIB | RBI Recruitment |
The Industrial Development Bank of India has released the admit card for the IDBI Executive Recruitment 2024 on its official website. All IDBI Executive Recruitment 2024 contenders can get their admit cards from the official website. The processes for downloading the IDBI Executive Recruitment 2024 admit card are listed here.
Note: Candidates for the IDBI Recruitment exam must bring at least two copies of their admit card, as well as a photo identity card such as an Aadhar card for verification purposes and two passport-sized coloured photographs to the examination centre, or they may be denied entry to the examination hall.
Candidates must check the IDBI Recruitment 2024 admit card for the following details after downloading it:
Candidates must examine their admission cards for the above-mentioned information, and if any information is missing or incorrect, they must immediately contact the IDBI authority to have the details in the admit card corrected.
In addition, candidates must carefully study all instructions contained in the IDBI Bank Executive Recruitment admit card to avoid making any mistakes in the future.
The IDBI Bank Executive examination is divided into two parts: one is a written exam, and the other is a document verification and medical exam. The written examination is an objective sort of online assessment.
Candidates who pass the written exam will be invited for document verification or medical examinations before being hired as IDBI Bank Executives. The table below provides a full description of the IDBI Bank Executive Examination exam format.
| Particulars | Paper |
|---|---|
| Exam Mode | Online |
| Number of Sections | 3 |
| Section Name |
|
| Number of Questions in each Section | 50 questions in each section |
| Examination Duration | 90 minutes |
| Total Number of Questions | 150 |
| Question Type | Objective-based |
| Maximum Marks | 150 |
| Marking Scheme | 1 mark each for the correct answer -0.25 mark for each incorrect answer marked |
| Language of Exam | English/Hindi |
The IDBI Bank Recruitment Exam consists of three sections, Reasoning Ability, English Language and Quantitative Aptitude. Each section consists of 50 questions for 50 marks with 1 mark for each question. The total exam consists of 150 questions for 150 marks. The Syllabus for each section is listed in the table below.
| Sections | Syllabus |
|---|---|
| Reasoning Ability |
|
| English Language |
|
| Quantitative Aptitude |
|
It is critical to refer to the correct book depending on the curriculum and exam pattern devised for the students to give their preparation an edge. Although, previous year’s question papers are one of the greatest resources for preparing for the IDBI Executive Recruitment 2024 since they will assist you in evaluating the trends and patterns of questions answered in the IDBI Executive Recruitment 2024.
The list of relevant books that applicants can use to prepare for the IDBI Executive Recruitment 2024 is provided below.
| Subject | Book Name |
|---|---|
| English Language |
|
| Logical Reasoning |
|
| Quantitative Aptitude |
|
The answer key will be available on the Industrial Development Bank of India’s official website (IDBI). The IDBI Executive Recruitment 2024 answer key will assist applicants in analyzing their answers and estimating their scores.
However, there has been no formal announcement regarding the release of the IDBI Executive Recruitment 2024 answer key. This section will be updated as soon as the relevant authority releases the answer key.
The IDBI Executive Recruitment 2024 results will be available 15 days after the online examination is completed. The results will be published on the Industrial Development Bank of India’s official website.
Candidates whose names appear in the results will be contacted for document verification and a medical assessment. Follow these steps to see the results of the IDBI Executive Recruitment 2024 online exam:
After the examination, the cut-off marks for the IDBI Executive Recruitment 2024 will be published on the Industrial Development Bank of India’s official website. However, there has been no official announcement regarding the release of the IDBI Executive Recruitment Exam cutoff scores for the 2024 cycle.
Candidates can, however, anticipate the cutoff points for the 2024 recruitment cycle based on past years’ cutoff marks. The cutoff points for the previous year’s cycle are listed in the table below.
| Particulars | Reasoning (2021) | English Language (2021) | Quantitative Aptitude (2021) |
|---|---|---|---|
| UR | 13.75 | 16.00 | 12.50 |
| OBC | 8.50 | 10.25 | 7.25 |
| SC | 8.50 | 10.25 | 7.25 |
| ST | 8.50 | 10.25 | 7.25 |
| PWD | 8.50 | 10.25 | 7.25 |
| EWS | 13.75 | 16.00 | 12.50 |
Cutoff marks are the minimum qualifying marks that candidates must get to be considered for IDBI Executive Recruitment 2024. The IDBI Executive Recruitment 2024 cutoff marks are influenced by several things. These are some of them:
The IDBI Bank Executive remuneration structure is built on a contractual basis. The contract is for one year, but it can be extended for another two years based on performance. However, when the three-year contract period expires, the hired individual will be promoted to IDBI Assistant Manager-Grade A.
The IDBI Executive will be compensated annually. The candidate will be paid Rs. 29,000/- per month in the first year, Rs. 31,000/- per month in the second year, and Rs. 34,000/- per month in the third year. The IDBI Bank Executive, on the other hand, is not eligible for any benefits or allowances such as DA, HRA, and so on.
The IDBI Executive Recruitment 2024 has a minimum age requirement of 20 years and a maximum age requirement of 25 years. However, different types of candidates taking the IDBI Executive Recruitment 2024 exam are allowed certain concessions.
Yes, the IDBI Executive Recruitment 2024 has a mechanism for negative marking. Candidates will receive 1 mark for each correct answer, and 0.25 marks will be deducted from their IDBI Bank Executive result score for each incorrect answer.
In the IDBI Executive Recruitment 2024, however, there is no provision for advancement. After being hired as an Assistant Manager in Grade A, the candidate will be on a contract for 1 to 3 years.
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