About IDBI Assistant Manager
IDBI has released the notification for IDBI Assistant Manager recruitment 2023. There are a total of 600 vacancies. The IDBI Assistant Manager registration process begins on 17th February 2023 and ends on 28th February 2023. The selected candidates will earn a basic pat of Rs.36,000/- a month. The following blog provides a complete overview of the IDBI Assistant Manager 2023 exam.
IDBI Assistant Manager Exam - Overview
|Name of Organization||Industrial Development Bank of India (IDBI)|
|No. of Vacancies||600|
|Application Start Date||17 February 2023|
|Application End Date||28 February 2023|
|Exam Date||April 2023|
|Admit Card Release Date||To be notified|
|Mode of Exam|
1. Phase I- Online Test- Online Mode
2. Phase-II- Personal Interview- Offline Mode
|Selection Process |
- Online Test
- Personal Interview
IDBI Assistant Manager – Important Dates
|IDBI Assistant Manager Registration – Start Date||17-Feb-2023|
|IDBI Assistant Manager Registration – End Date||28-Feb-2023|
|Last Date for Payment||28-Feb-2023|
|IDBI Assistant Manager Exam Date (Tentative)||April-2023|
IDBI Assistant Manager Recruitment - Vacancy
Following are the category-wise Vacancy Details for the IDBI Assistant Manager 2022 Recruitment -:
|Category||No. of Vacancies|
IDBI Assistant Manager Recruitment – Eligibility
Lets have a look at the IDBI Assistant Manager Recruitment Eligibility criteria for Educational Qualification, Experience and Age limit:
The candidate must be a Graduate from a recognized university with minimum of 60% marks (55% for SC/ST/PWD)*
- Age Limit (as on January 1, 2023 ) -:
Minimum: 21 years
Maximum: 30 years
The candidate must have been born not earlier than January 2, 1993, and not later than January 1, 2002 (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)
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.
|Category||Relaxation in Maximum Age|
|SC/ST||5 years Relaxation|
|OBC||3 years Relaxation|
|PWD||10 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|
A candidate applying for the post of IDBI Assistant Manager 2023 should have a minimum of 2 years of experience in the Banking Financial Services and the Insurance Sector. (including but not limited to Micro Finance I institutions/Non Finan cial Banking Companies/Cooperative Bank s/ Regional Rural Banks/Fintech Companies) & Insurance Sector. Experience should be Full time & as a permanent employee (Experience below 06 months in any organization will not be reckoned).
IDBI Assistant Manager – Selection Process
The Selection process for IDBI Assistant Manager 2023 recruitment will have 2 stages, the online written test followed by an interview -:
- 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.
- Personal Interview – Candidates would have to clear the Online Test to be eligible for the Personal Interview round.
IDBI Assistant Manager Recruitment 2023 – Exam Pattern
The pattern of the Online Test for IDBI Assistant Manager Recruitment 2022 is given below -:
|S.No||Name of the Test||No. Of Questions||Maximum Marks|
|1||Logical Reasoning, Data Analysis|
Time duration – Composite time of 2 hours
Important Point -: 0.25 Negative Marking for Each Wrong Answer.
The final selection or offer of employment would be made based on the applicant's marks in the interview, Online test, being found medically fit, and subject to fulfillment of all other eligibility criteria with regard to age and qualification and successful completion of the course and award of certificate by Manipal University as stipulated in the advertisement.
IDBI Assistant Manager – Application Fees
- ₹200/- for SC/ST/PWD candidates
- ₹1000/- for all others
IDBI Assistant Manager 2023 – Salary
The extant basic pay applicable to IDBI Assistant Managers in Grade A is Rs.36,000/- per month in the pay scale of 36000-1490(7)-46430-1740 (2)–49910–1990(7)-63840 (17 years). The pay scales, allowances, reimbursements, perquisites and other terms subsisting at the time of joining and as may be modified/amended/revised from time to time would be applicable as per rules in force from time to time.
IDBI Assistant Manager Recruitment 2023 - Probation Period
- Initial appointment in the post of Assistant Manager is on probation for a period of 1 year from the date of joining the Bank (which can be extended at the discretion of the Bank). Candidates will be posted at Bank's discretion, to any offices of the Bank or the departments/offices/business units / the Bank's 3 associate institutions. The candidates will also be liable to be transferred to any place in/outside India, as the Bank may decide from time to time in terms of the Bank's prevailing rules/policies.
IDBI Assistant Manager Cut-Off 2022
If you are appearing for the IDBI Assistant Manager Examination, it is a good idea to know the IDBI Assistant Manager Cut Off for 2022 to prepare for the Examination with that target in mind. Once you have a goal to achieve, preparing for it becomes much easier. But, please note that the cut off mark is declared by the Examination board only after the Examination has been completed.This is because all the factors that affect the cut off mark are known only after the Examination is conducted. So, it is a good practice to look at the IDBI Assistant Manager CutOff in the previous years to get an idea of the cut-off for 2022.
The official cut off will be released on the Examination Board's website only once the Written Examination process is complete. You can visit the official website of the Examination Board to check the cut off mark. If you score marks equal to or more than the released cut off, you will be considered to have qualified in the Written Examination. The IDBI Assistant Manager recruitment has a sectional cut off as well as an overall cut off.
Previous Year's IDBI Assistant Manager Cut Off
Given below are the cut off for the past three examinations – 2021, 2019, 2018, and 2017.
IDBI Assistant Manager Cutoff: 2021
|Category||Cut Off |
IDBI Assistant manager sectional Cutoff: 2021
|Category||Logical Reasoning (60)||English Language (40)||Quantitative Aptitude (40)||General Awareness (60)|
|SC, ST, OBC & PWD||5.25||5.00||5.75||4.50|
|UR & EWS||11.00||8.50||9.75||8.25|
IDBI Assistant Manager Cut Off: 2019
|Category||English (40)||Reasoning (60)||Quant (40)||Banking Awareness (60)||Overall (200)|
|Scheduled Castes||13.212|| 26.614 ||11.39||9.717||122.25|
|Scheduled Tribes||13.212|| 26.614 ||11.39||9.717||111|
|Other Backward Classes||13.212|| 26.614 ||11.39||9.717||132|
|Economically Weaker Sections|| 17.595 ||33.09||16.683||13.608||133.25|
|Unreserved|| 17.595 ||33.09||16.683||13.608||140.25|
IDBI Assistant Manager Cut Off: 2018
|Category||Reasoning(50)||English(50)||Quantitative Aptitude(50)||Total Out Of(150)|
|Other Backward Classes||11.75||4.00||6.25||92.00|
IDBI Assistant Manager Cut Off: 2017
|Category||English (50)||Reasoning (50)||Quant (50)||Banking Awareness (50)||Overall (200)|
|Other Backward Classes||4.25||8.75||8||7.25||73.25|
If you are interested in the IDBI Assistant Manager position, it is a good idea to keep yourself informed of the cut off that is expected in 2022 for the Written Examination. You have the IDBI Assistant Manager Cut Off for 2021, 2019, 2018, and 2017. Use them to check your category and get a fair idea of the cut-off mark to expect for the 2021 Written Examination. With that knowledge in hand, you can prepare accordingly for the Written Examination. If you are well prepared, cracking the examination should not be a problem.