IDBI PGDBF Recruitment 2024 Out for 500 Posts, Download PDF

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IDBI PGDBF Recruitment 2024

IDBI PGDBF Recruitment 2024: The Industrial Development Bank of India (IDBI) released the IDBI PGDBF Recruitment 2024 notification on the 7th of February on their official website Candidates who are looking to start their career in banking should make use of this excellent opportunity. A total of 500 posts are available. This article will provide the complete details for the notification and all relevant details related to the recruitment.

IDBI PGDBF Recruitment 2024 – Download PDF

Candidates should make sure to download the IDBI PGDBF Recruitment PDF and read through it thoroughly. The link below will provide you the PDF directly.

Download the IDBI PGDBF Recruitment 2024 PDF Here

IDBI JAM PGDBF 2024 – Application Link

Candidates can directly apply for the IDBI JAM PGDBF 2024 recruitment through the link below. The link will be open from 12th to 26th February 2024. Candidates should apply at the earliest to avoid any delays or issues due to last-minute technical issues.

IDBI PGDBF Application Form 2024 – Link [Inactive]

IDBI PGDBF JAM Recruitment – Overview

The IDBI Bank in collaboration with Manipal Global Education Services Private Limited (MGES), Bengaluru, and Nitte Education International Pvt. Ltd (NEIPL) is providing training to prospective graduate candidates who wish to join IDBI Bank. The program, a Post Graduate Diploma in Banking and Finance (PGDBF), will be a one-year course. It will consist of 6 months of classroom study, 2 months of internship, and 4 months of On-The-Job Training (OJT) at IDBI Bank’s own branches/offices. The following table will give a brief overview of recruitment.

Name of OrganizationIndustrial Development Bank of India (IDBI)
Official Website
PostJunior Assistant Manager through PGDBF
No. of Vacancies500
Application Start Date12th February 2024
Application End Date26th February 2024
Exam Date17th March 2024
Admit Card Release DateTo be notified
Mode of Exam1. Phase I – Online Test – Online Mode 
2. Phase-II – Personal Interview – Offline Mode
Selection Process Online Test
Personal Interview

IDBI PGDBF Recruitment 2024 – Important Dates

It is vital to keep track of the dates in the recruitment process. The following table will provide a detailed understanding of the IDBI PGDBF recruitment schedule.

IDBI PGDBF JAM Recruitment 2024 Notification7th February 2024
IDBI PGDBF Registration – Start Date12th February 2024
IDBI PGDBF Registration – End Date26th February 2024
Last Date to Edit Details26th February 2024
Last Date for Payment26th February 2024
Last Date to Print the IDBI PGDBF Application form26th February 2024
IDBI PGDBF JAM Exam Date (Tentative)17th March 2024
IDBI PGDBF Online Test ResultTBA
IDBI PGDBF Interview Call LetterTBA
IDBI PGDBF Interview ResultTBA

IDBI PGDBF Recruitment 2024 – Apply Online

Candidates can now apply online for the IDBI PGDBF position. The registration window will be open from the 15th to the 30th of September 2024. Candidates can directly apply for the recruitment process using the link below.

IDBI PGDBF Application Fees

The fees for applying for IDBI PGDBF 2024 is as follows-

SC/ST/PWDRs.200 (Intimation charges only)
FOR ALL OTHERSRs.1000 (Application fee + Intimation charges)

IDBI PGDBF Recruitment 2024 – Vacancies

There are a total of 600 vacancies available for IDBI Assistant Manager 2024. The table below gives the detailed overview of the IDBI Assistant Manager vacancies.


IDBI PGDBF Recruitment 2024 – Eligibility Criteria

The candidates applying for the recruitment should meet the following eligibility criteria-

  • Educational Requirements -: The candidate must be a Graduate of a recognized university with a minimum of 60% marks (55% for SC/ST/PWD)*
  • Other Qualification -: Candidates are expected to have proficiency in Computers
  • Age Limit (as of January 31, 2024) -:
    • Minimum: 21 years
    • Maximum: 25 years
  • The candidate must have been born not earlier than 31.01.1999 and not later than 31.01.2004 (both dates inclusive)

(Note -: Candidates in their last year of Graduation/Semester may also apply provisionally subject to the condition that, if called for an interview, they will have to produce proof of having passed the graduation examination on or before April 1, 2022)

IDBI Assistant Manager 2024 – Age Relaxation

There is relaxation in the age criteria for other categories for appearing for the IDBI Assistant Manager position. The following table provides the relaxation in the age that has been granted to various categories of applicants. 

CategoryRelaxation in Maximum Age
SC/ST5 years Relaxation
OBC3 years Relaxation
PWD10 years Relaxation
Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose receipt of application) 5 years Relaxation
Persons affected by the riots of 1984 5 years Relaxation

IDBI PGDBF Recruitment 2024 – Selection Process

The Selection process for IDBI Assistant Manager 2024 recruitment will have 2 stages, the online written test followed by an interview -:

  1. Online Test – The applicants will be called for the Online Test based on the information provided by them in the online application form, subject to scrutiny at a later date.
  2. Personal Interview – Candidates would have to clear the Online Test to be eligible for the Personal Interview round.

IDBI PGDBF Online Test Exam Pattern

The exam pattern for the IDBI PGDBF online test is as follows –

S. NoName of the TestNo. Of QuestionsMaximum MarksDuration
1Logical Reasoning, Data Analysis
& Interpretation
6060Composite time
2English Language4040of 2 hours
3Quantitative Aptitude4040
4General/Economy/Banking Awareness6060

There will be a 0.25 mark penalty for wrong answers. No marks will be deducted for unattempted questions.

IDBI PGDBF Recruitment 2024 – Salary

Candidates will receive a stipend for the one-year program. Following the clearance of the program, they will begin to receive their salary for Jr. Assistant Manager post as follows.

  • The candidates who clear the test and interview and join the program will receive a stipend of ₹5000/- per month during the training period of 6 months. For the internship period of 2 months, candidates will receive a stipend of ₹15,000.
  • Candidates clearing the PGDBF course and successfully joining the bank will receive compensation (CTC) ranging between Rs.6.14 lakh to Rs.6.50 lakh (Class A city) at the time of joining.

IDBI PGDBF Recruitment 2024 – Frequently Asked Questions

Q1. When did the IDBI PGDBF Recruitment 2024 release?

A1. The IDBI PGDBF Recruitment 2024 was released on 7th February 2024.

Q2. Where can I download the IDBI PGDBF Recruitment 2024?

A2. Candidates can download the IDBI PGDBF Recruitment 2024 from the link given in the article.

Q3. What is the last date to apply for IDBI PGDBF 2024?

A3. The last date to apply for IDBI PGDBF 2024 is 26th February 2024.

Q4. What is IDBI PGDBF?

A4. IDBI PGDBF is a 1-year course provided by the Industrial Development Bank of India. It is a one-year Post Graduate Diploma in Banking and Finance course.

Q5. What is the stipend for IDBI PGDBF?

A5. During the training period, the candidates will receive a stipend of ₹5000 per month. During the internship, this stipend will be ₹15,000 per month. After clearing the course the stipend changes to salary and will be ₹6.14-₹6.50 LPA.


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