About IDBI Assistant Manager
Banking is one of the most sought-after career options in present times. A banking career offers an excellent salary, perks, job security, fast growth, and the right work-life balance.
IDBI - Industrial Development Bank of India conducts the annual entrance exam to give admissions for the 1 year IDBI Assistant Manager PGDBF Course at Manipal School of Banking. Candidates who successfully complete the 1-year course are posted as Assistant Manager at various IDBI Bank Branches.
IDBI Assistant Manager Exam - Overview
|Name of Organization||Industrial Development Bank of India (IDBI)|
|No. of Vacancies||500|
|Application Start Date||03 June 2022 |
|Application End Date||17 June 2022|
|Exam Date||23 July 2022|
|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
|Online Application Start Date||03 June 2022 |
|Last Date To Apply Online||17 June 2022|
|Date of Online Test||23 July 2022|
IDBI Assistant Manager Recruitment - Vacancy
Following are the category-wise Vacancy Details for the IDBI Assistant Manager 2022 Recruitment -:
| Name of Posts||Total Number of Vacancy||Unreserved (UR)||SC||ST||OBC||EWS||VI||HI||OH||MD/ID|
|Admissions to IDBI Bank PGDBF 2022-23 for|
absorption as Assistant Manager, Grade ‘A'
IDBI Assistant Manager Recruitment – Eligibility
- Educational Requirements -: The candidate must be a Graduate from a recognized university with minimum of 60% marks (55% for SC/ST/PWD)*
- Other Qualification -: Candidates are expected to have proficiency in Computers
- Age Limit (as on April 1, 2022 ) -:
Minimum: 21 years
Maximum: 28 years
The candidate must have been born not earlier than April 2, 1994, and not later than April 1, 2001 (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|
All candidates seeking relaxation in age will have to produce and submit certificates that corroborate their claim that age relaxation applies to them. The bank will require the candidates to submit the related documents and certificate(s) in original / copies for scrutiny during the interview stage and at any time during the entire following process(es) of recruitment.
So far as the candidates belonging to the category of Ex-serviceman are concerned, if such as candidate has post-retirement, taken up a civil position in a Government job with having availed the benefits that had become due as an Ex-servicemen for this civil re-employment, then this candidate will not be allowed to re-use the Ex-serviceman status for reemployment in a Government job. This applies to the IDBI Assistant Manager position also.
IDBI Assistant Manager – Selection Process
The Selection process for Admission to the IDBI Assistant Manager PGDBF Course 2022 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 2022 – 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 – Programme Fees
Programme fees for this Course will be Rs.3,50,000/- (Rs. Three Lakh Fifty Thousand only) plus GST, as applicable, to be paid by the students in instalments as per a fixed schedule during the 1-year program (inclusive of course fees, lodging, boarding and other fees, etc.). Apart from the above course fees, the exam fees for undergoing various
Certification exams as mandated under the course will have to be borne additionally by the candidates, as per the fees charged by respective body/organizations from time to time for conducting these Certification exams.
IDBI Assistant Manager Recruitment 2022 – Stipend
- 9 months Classroom Training Stipend – ₹2500/- per month
- 3 months Internship Stipend – ₹10,000/- per month
IDBI Assistant Manager 2022 – Salary
After joining the Bank's services as Assistant Manager, Grade ‘A' on successful completion of the course: The extant basic pay applicable to 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 2022 – Service Bond
- A Service Bond of ₹2,00,000/- for a period of 3 years will have to be signed by the candidate at the time of joining the IDBI Assistant Manager PGDBF course.
- If a candidate leaves the job before completing 3 years, then She/He will have to pay the complete service bond amount of ₹2,00,000 along with the payment of the outstanding educational loan dues at the applicable card rate.
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.