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IDBI Executive Recruitment 2023 Notification Out for 1036 Posts

Last updated on 24-May-2023

IDBI Executive Recruitment 2023

IDBI Executive Recruitment 2023: The Industrial Development Bank of India has released the notification for the position of Executive. A total of 1036 posts are available The bank released the notification on the 24th of May 2023 on their official website www.idbibank.in. The registration for the same starts on 24th May and ends on 7th June 2023. Interested candidates should read further for more information.

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IDBI Executive Recruitment - Notification Download

Candidates can download the notification for the recruitment from the official site. For convenience, we have provided the direct link to download the IDBI Executive Notification 2023.

Download IDBI Executive Notification 2023 PDF

IDBI Executive 2023 - Overview

This section provides an overview of the details provided in the notification.

Examination conducting AuthorityIndustrial Development Bank of India
Name of the ExaminationIDBI Executive
Mode of ApplicationOnline
Frequency of ExaminationOnce a year
EligibilityGraduate from a recognized University
Age LimitMin - 20
Max - 25
Official websitewww.idbibank.in
Commencement of the Registration process24th May 2023
Last date of submission7th June 2023
Correction window 24th May to 7th June 2023
Availability of Admit cardJune 2023 (Tentative)
UGC NET 2023 Exam Date2nd July 2023
Release of Answer KeyTBA
Announcement of ResultsTBA

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IDBI Executive Recruitment - Important Dates

Candidates wanting to apply for IDBI Executive Recruitment should be aware of the schedule of the same. The following table provides the schedule for convenience.

EventsDates
Registration process starts24th May 2023
Last date of submission7th June 2023
Correction window 24th May to 7th June 2023
Availability of Admit cardJune 2023 (Tentative)
Exam Dates2nd July 2023
Release of Answer KeyTo Be Announced
Announcement of ResultsTo Be Announced

IDBI Executive Recruitment 2023 - Vacancy

Candidates can find the information on vacancies available for IDBI Executive Recruitment 2023 below.

CATEGORYSCSTOBCEWSURTotal--------PW BD---------
       VHHHOHMD/ID
VACANCY160672551034511036#19111010

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IDBI Executive Recruitment 2023 - Application Link

The link to apply for IDBI Executive will be open from 24th May 2023 to 7th June 2023. Candidates can directly apply for the same through the link below.

IDBI Executive Apply Online 2023

IDBI Executive Recruitment - Eligibility Criteria

All candidates interested in applying for IDBI Executive should be aware of the eligibility criteria. Failing to meet these will result in disqualification or rejection of the application.

Age Limit

As of 1st March 2023,

  • Minimum: 20 years
  • Maximum: 25 years

The candidate must have been born not earlier than May 2, 1998 and not later than May 1, 2003 (both dates inclusive).

Age Relaxation

Candidates of certain sections can avail age relaxation as given below.

  S. No.  CategoryMaximum Age relaxation
1Scheduled Caste/Scheduled Tribe5 years
2Other Backward Classes Non-Creamy Layer (NCL)3 years
3Persons With Benchmark Disabilities as defined under "The Rights of Persons with Disabilities Act, 2016 "10 years
    4Ex-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 assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment.    5 years
5Persons affected by 1984 riots5 years

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Educational Qualification

Candidates applying for IDBI Executive should have the following educational qualification-

  • A Graduate from a recognized university. Passing only a diploma course will not be considered as qualifying the eligibility criteria. The university should be recognized/approved by the Government; Government Bodies viz., AICTE, UGC, etc.
  • Computer Literacy: Operating and working knowledge of computer is mandatory i.e. candidates should have Certificate/Diploma/Degree in computer operations/Language/ should have studied Computer / Information Technology as one of the subjects in the High School/College/Institute.

Nationality

Candidates must be either -

  • a citizen of India or
  • a subject of Nepal or
  • a subject of Bhutan, or
  • a Tibetan refugee (who came over to India before 1st January 1962) with the intention of permanently settling in India or
  • a person of Indian origin, who has migrated from Pakistan, Myanmar (formally Burma), Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia, and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (b), (c), (d) or (e) above shall be a person in whose favor a certificate of eligibility has been issued by Government of India.

Additional Criteria

There are a few additional criteria for the candidate to keep in mind before filling out the application. These are as follows.

  • Candidature of candidates with a record of default in repayment of loans/ credit card dues and/or against whose name adverse reports of CIBIL or other external agencies are available is liable to be rejected at any stage of the recruitment process or termination of services, if appointed, at the sole discretion of the Bank without any recourse to the candidate.
  • Candidature of candidates against whom there is/ are adverse reports regarding character, antecedents, moral turpitude, etc. is also liable to be rejected at any stage of the recruitment process or termination of services, if appointed, at the sole discretion of the Bank without any recourse to the candidate.

Completing the Online Application will be deemed as consent from the candidate to check his/her Credit history with the relevant agencies.

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IDBI Executive Recruitment 2023 - Application Form

Candidates should be careful in filling out their application form. The following section provides a step-by-step guide to the same.

Documents Required

Candidates should keep the following documents ready before beginning the application process.

  • Valid passport-size photograph in JPEG format.
  • Scanned signature in JPEG format.
  • Scanned declaration in JPEG format.
  • A scanned copy of the left-hand thumb impression in JPEG format.
  • Valid email id and mobile number.
  • A valid PAN card Voter ID card or Driving License.
  • Valid payment instrument (credit card/debit card/net banking).

CONTENT OF DECLARATION

"I,_______________(Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required."

Note: Signature/Handwritten declarations in CAPITAL LETTERS will NOT be accepted.

How to Apply for IDBI Executive 2023

Here are the steps on how to fill out the IDBI Executive application form:

  1. Visit the IDBI Bank website.
  2. Click on the "Careers" tab.
  3. Click on the "Apply Online" link for the IDBI Executive post.
  4. Create a new account or log in to your existing account.
  5. Fill in the application form with your personal details.
  6. Upload your photograph and signature.
  7. Pay the application fee.
  8. Submit the application form.

IDBI Executive Application Fees

The application fees by category is as follows.

CategoryUGC NET Application Fee 
SC/ST/PWDRs. 200/-
for all other candidatesRs. 1000/-

Common Mistakes When Filling the Form

Here are some common mistakes that people make when filling the IDBI Executive application form:

  • Not reading the instructions carefully: The application form has a lot of instructions, and it is important to read them carefully before filling the form. If you make a mistake, your application may be rejected.
  • Making spelling and grammatical errors: It is important to proofread your application form carefully before submitting it. Spelling and grammatical errors will make you look unprofessional and may affect your chances of getting selected.
  • Not uploading the required documents: The application form requires you to upload certain documents, such as your photograph, signature, and educational certificates. If you do not upload these documents, your application may be rejected.
  • Not paying the application fee: The application fee is non-refundable, so it is important to make sure that you pay the fee before submitting your application.

Here are some tips to avoid making these mistakes:

  • Read the instructions carefully and take your time filling out the form.
  • Proofread your application form carefully before submitting it.
  • Make sure that you have all the required documents and that they are in the correct format.
  • Pay the application fee before submitting your application.

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IDBI Executive Recruitment 2023 - Syllabus and Exam Pattern

The following section covers the syllabus and exam pattern for the IDBI Executive recruitment exam.

IDBI Executive Exam Pattern 2023

First, let's take a look at the exam pattern

Sr. No.Name of the TestNo. of QuestionsMaximum MarksDuration
1.Logical Reasoning, Data Analysis & Interpretation6060Composite time of 2 hours
2.English Language4040 
3.Quantitative Aptitude4040 
4.General/Economy/Banking Awareness/ Computer/IT6060 
 Total200200 

 

Important Points

  • There will be 0.25 negative marking for incorrect answers.
  • Final selection will be subject to clearing the category-wise cut-off, overall and section-wise. The candidate should also be medically fit.

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IDBI Executive Syllabus 2023 - Reasoning Ability

The Reasoning section for the IDBI Online exam is divided into two parts: Verbal Reasoning and Non-verbal Reasoning. The section-wise topics have been discussed below

Verbal ReasoningNon-Verbal Reasoning
Classification
Operations of Mathematics
Venn Diagram
Word Sequence
Missing Characters
Sequential Output Training
Directions
Test on Alphabets
Eligibility Test
Data Sufficiency
Alpha-Numeric Sequence Puzzle
Puzzle Test
Blood Relations
Coding-Decoding
Analogy
Series Completion
Verification of truth of Statement
Situation Reaction Test
Direction Sense Test
Assertion & Reasoning
Arithmetical Reasoning
Construction of Squares & Triangles
Series
Completion of Sentences
Spotting embedded figures
Classification
Rule Detection
Analytical Reasoning
Paper Folding
Paper Cutting
Cubes & Dices
Water Images
Mirror Images
Dot Situation
Identical Figure Groupings
Forming figures and analysis
Figure matrix

 

IDBI Executive Syllabus 2023 - English Language

Check the topics for the English language paper to be asked in the Executive & Assistant Manager exam 2023.

  1. Cloze test
  2. Ace Reading Comprehension
  3. Error Spotting
  4. Sentence Improvement
  5. Sentence Correction
  6. Para jumble
  7. Fill in the blanks
  8. Para/Sentence Completion

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IDBI Executive Syllabus 2023 - Quantitative Aptitude 

The topics for the Quantitative Aptitude section for the IDBI Executive & Assistant Manager syllabus is as below:

  1. Number series
  2. Data Interpretation
  3. Simplification and approximation
  4. Quadratic Equation
  5. Data Sufficiency
  6. Mensuration
  7. Average
  8. Profit loss & Discount
  9. Ratio and Proportion
  10. Time & Work and Energy
  11. Time and Distance
  12. Probability
  13. Relations
  14. Simple interest & Compound Interest
  15. Permutation & Combination

IDBI Executive Syllabus 2023 - General Awareness/Banking Awareness

Prepare according to the below topics to score good marks in the General Awareness and Banking Awareness section for IDBI Executive  & Assistant Manager Exam 2023.

  1. Current Affairs
  2. Banking Awareness
  3. GK Updates
  4. Currencies
  5. Important Places
  6. Books and Authors
  7. Awards
  8. Headquarters
  9. Prime Minister Schemes
  10. Important Days

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IDBI Executive Recruitment 2023 - Salary and Career Prospects

The appointment of the Executive will be purely on a contractual basis.

  • Contract period: 1 year
  • It may be reviewed for extension on a year-to-year basis for a further period of 2 years (This is subject to satisfactory performance, completion of assigned mandatory e-certifications, availability of vacancies at the relevant point of time and any other criteria)
  • On successful completion of a period of 3 years of contractual service, such appointees shall become eligible for appointment as Assistant Manager (Grade A) in the Bank through a selection process that would be conducted by the Bank.
  • Appointment as Grade A will be as per the prevailing policy of the Bank and availability of vacancy at the relevant point of time. As on the date of this advertisement, the Executive will be paid a lump sum/fixed remuneration as given below:
  Consolidated remuneration1st Year - Rs.29,000/- per month
2nd Year - Rs.31,000/- per month
3rd Year - Rs.34,000/- per month

 

Note-

  • The appointment being purely contractual in nature, the appointee shall not be entitled to draw any allowances such as DA, HRA, etc. nor be entitled to any superannuation benefits, gratuity and provident fund, or any benefits whatsoever.
  • The contractual period of service would not be counted for any seniority/superannuation/ terminal benefits, continuation of employment, etc., in case, the appointee is considered for appointment in the services of the Bank as a regular full-time employee at a later stage. However, the appointee would be covered under IDBI Bank Ltd. New Pension Scheme (IBLNPS).

IDBI Executive Recruitment 2023 - Admit Card

Registered candidates will receive their admit card for the online test in June 2023. Candidates will be able to access the same on the official website. Here are the steps on how to download the IDBI Executive admit card:

  1. Go to the IDBI Bank website.
  2. Click on the "Careers" tab.
  3. Click on the "Admit Card" link for the IDBI Executive post.
  4. Enter your registration number and password.
  5. Click on the "Submit" button.
  6. Your admit card will be displayed on the screen.
  7. Download and print your admit card for future reference.

Important Points-

Here are some important things to note about the IDBI Executive admit card:

  • The admit card is a mandatory document for appearing for the IDBI Executive exam.
  • The admit card will contain your personal details, such as your name, registration number, date of birth, exam center, and exam date and time.
  • You must carry your admit card and a valid photo ID proof to the exam center.
  • You will not be allowed to appear for the exam without your admit card and a valid photo ID proof.

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IDBI Executive Recruitment 2023 - Exam Centers

The following are the choices of exam centers available to candidates for the IDBI Executive exam

States/UTCity
Andaman & Nicobar IslandPort Blair
Andhra PradeshChirala
Chittoor
Eluru
Guntur
Kadapa
Kakinada
Kurnool
Nellore
Ongole
Rajahmundry
Srikakulam
Tirupati
Vijaywada
Vishakhapatnam
Vizianagaram
Arunachal PradeshNaharlagun
AssamDibrugarh
Guwahati
Jorhat
Silchar
Tezpur
BiharArrah
Aurangabad(Bihar)
Bhagalpur
Darbhanga
Gaya
Muzaffarpur
Patna
Purnea
ChandigarhChandigarh
ChhattisgarhBhilai Nagar
Bilaspur
Raipur
Delhi NCRDelhi & New Delhi
GoaPanaji
GujaratAhmedabad
Anand
Gandhinagar
Himmatnagar
Jamnagar
Mehsana
Rajkot
Surat
Vadodara
HaryanaAmbala
Faridabad
Gurugram
Hisar
Karnal
Kurukshetra
Panipat
Yamuna Nagar
Himachal PradeshBilaspur
Hamirpur
Kangra
Kullu
Mandi
Shimla
Solan
Una
Jammu & KashmirJammu
Samba
Srinagar
JharkhandBokaro steel city
Dhanbad
Hazaribagh
Jamshedpur
Ranchi
KarnatakaBengaluru
Belgaum
Bidar
Davangere
Dharwad
Gulbarga
Hassan
Hubli
Mandya
Mangalore
Mysore
Shimoga
Udupi
KeralaAlappuzha
Kannur
Kochi
Kollam
Kottayam
Kozhikode
Malappuram
Palakkad
Thiruvananthpuram
Thrichur
LakshadweepKavaratti
Madhya PradeshBhopal
Gwalior
Indore
Jabalpur
Sagar
Satna
Ujjain
MaharashtraAmravati
Aurangabad(Maharashtra)
Chandrapur
Dhule
Jalgaon
Kolhapur
Latur
Mumbai/Thane/Navi Mumbai
Nagpur
Nanded
Nashik
Pune
Ratnagiri
Solapur
ManipurImphal
MeghalayaShilong
MizoramAizawl
NagalandKohima
OdishaBalasore
Berhampur(Ganjam)
Bhubaneshwar
Cuttack
Dhenkanal
Rourkela
Sambalpur
PuducherryPuducherry
PunjabAmritsar
Bhatinda
Fategarh Sahib
Jalandhar
Ludhiana
Mohali
Pathankot
Patiala
Sangrur
RajasthanAjmer
Alwar
Bikaner
Jaipur
Jodhpur
Kota
Sikar
Udaipur
SikkimBardang
Gangtok
Tamil NaduChennai
Coimbatore
Erode
Madurai
Nagercoil
Salem
Thanjavur
Thiruchirapalli
Tirunelvelli
Vellore
Virudhunagar
TelanganaHyderabad
Karimnagar
Khammam
Warangal
TripuraAgartala
Uttar PradeshAgra
Aligarh
Prayagraj (Allahabad)
Banda
Bareilly
Faizabad
Ghaziabad
Gonda
Gorakhpur
Jhansi
Kanpur
Lucknow
Mathura
Meerut
Moradabad
Muzaffarnagar
Noida / Greater Noida
Sitapur
Varanasi
UttarakhandDehradun
Haldwani
Roorkee
West BengalAsansol
Durgapur
Greater Kolkata
Hooghly
Kalyani
Siliguri

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IDBI Executive Recruitment 2023 - Result

Here are the steps on how to check the IDBI Executive result:

  1. Go to the IDBI Bank website.
  2. Click on the "Careers" tab.
  3. Click on the "Results" link for the IDBI Executive post.
  4. Enter your registration number and date of birth.
  5. Click on the "Submit" button.
  6. Your result will be displayed on the screen.
  7. Download and print your result for future reference.

Important Points -

Here are some important things to note about the IDBI Executive result:

  • The result will be declared on the IDBI Bank website.
  • The result will be available in PDF format.
  • The result will contain your personal details, such as your name, registration number, marks, and rank.
  • You can download and print your result for future reference.

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IDBI Executive Recruitment 2023 - Cut Off

Candidates are selected for IDBI Executive once they clear both the sectional and category-wise cut offs. The cut offs for IDBI Executive 2022 are as follows-

IDBI Executive Category-Wise Cut Off 2022

The following table shows the category-wise cut off in 2022.

CategoryCut Off
SC101.25
ST90.5
OBC110.5
EWS108.25
UR116.25
OH114.25
VI143.75
HI67.75
MD/ID89.25

IDBI Executive Sectional Cut Off 2022

The following table shows the sectional cut off in 2022.

CategoryLR (60)EL (40)QA (40)GE (60)
SC, ST, OBC & PWD89.55.752
UR & EWS16149.54.25

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Exam Date

2nd July 2023

Total Vacancies

1036

Find the Right Plan

Flexible pricing options for all the aspirants

FAQs

What is the total marks and duration of the online test?

The total mark for the exam is 200 and the test is of 60 min duration.

What is the last date for filling the online applications for executives on contract? +

As per the details on the company’s website, the last day for filling the online applications for executives on the contract is 7th June 2022.

Is there any negative marking for the wrong answer? +

Yes, there is a penalty of 1/4 or 0.25 for each wrong answer.

What is the total number of vacancies for IDBI Executive Exam 2022? +

There is a total of 1036 vaccines for the IDBI Executive Exam 2022.

What is the age limit for the IDBI Bank Executive Exam? +

The minimum & maximum age limit for the IDBI Bank Executive recruitment exam are as follows:
Minimum Age – 20 years
Maximum Age – 25 years

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