IDBI Bank Recruitment Notification 2016 for Executive Posts | NO IBPS Exam Scores!!

IDBI Bank (Industrial Development Bank of India) has come up with a recruitment notification of 500 executives for the year 2016-17. Established 40 years ago, with govt. of India as majority shareholder, IDBI Bank now functions as a full service commercial bank headquartered in Mumbai & has network of 970 branches across India.

IDBI bank is part of the IBPS common recruitment process & allots candidates for clerks & PO posts based on their exam performance.But the bank did not declare any vacancies for the past 2 years

Now, IDBI Bank is looking to hire candidates on contract for its branches & offices across India for which applicants to have qualified in the IBPS common written test.

Applications will be accepted only Online through the Bank’s website.

Highlights of IDBI Bank Recruitment Notification 2016

A.Important Dates for IDBI Bank Recruitment 2016

B. Vacancies Available through IDBI Bank Recruitment Exam

C. Eligibility Criteria for IDBI Bank Recruitment 2016 (Executives)

As said earlier,IBPS exam scores are not needed.The other eligibility conditions for this IDBI bank recruitment are,

• Age: 20 – 25 years as on Oct 1, 2016 (+3 yrs for OBC, +5 for sc/st)
• 60% marks in degree (55% for SC/ST/PWD) from a recognized university, as on Nov 30, 2016
• Must have good working knowledge in computers

Those studying in final year/ semester are also eligible to apply but they need to provide proof of passing the graduation on or before 30.11.2016

D. Selection Procedure & Exam Pattern for IDBI Bank Recruitment 2016

The selection process of IDBI bank Executive recruitment 2016 involves an online written test only (objective type) in the following pattern:

While each correct answer fetches you 1 mark, every wrong answer results in 0.25 negative mark.

E. Salary

This is a contract job of 1 year, which will be extended for 2 more years with monthly salary of Rs.17000 (1yr), 18500 (2nd yr) & 20,000 (3rd yr).

On completion of 3 yrs, executives can apply for Asst.Manager post in IDBI bank.

F. Application Fee

Interested applicants have to pay Rs.700 (Gen/OBC) or Rs.150 (SC/ST/PWD) as non-refundable fee between November 16 to 30 only through online mode.

Note that you have to bear the bank charges, etc. yourself and that the fee is not refundable.

G. How to apply

Applications will be accepted via online mode only. You will need to fill the online application through the official website of IDBI Bank. Here is a step by step process to apply for IDBI Bank Executive Recruitment 2016:

• To apply online for executive posts, visit the link given below.

Apply for RBI Assistant Post

• Fill the Application by registering.
• You will receive a provisional Registration Number and Password.
• You will also be required to pay online.
• YAlternatively, go to the official website of IDBI Bank.
• Click on “Career” and then “Current Openings”.
• Now click on “Online application” below the “Detailed Advertisement for Executives 2016” link.
• Follow the above instructions.