IDBI BANK Executive Recruitment 2023: Exam Date Out, Salary, Syllabus, and More

Introduction: IDBI Bank Limited, established in 1964 as the Industrial Development Bank of India, is a leading development finance institution providing financial services to the industrial sector. The bank is now a subsidiary of Life Insurance Corporation (LIC). IDBI is recruiting eligible candidates for 1036 Executive vacancies through an online examination and document verification process. Here’s everything you need to know about IDBI Executive Recruitment 2023, including exam date, salary structure, eligibility criteria, and more. Click on the previous year questions for more details.

IDBI BANK Executive 2023 Recruitment Overview:

• Organization: Industrial Development Bank of India (IDBI)
• Post Name: Executive (on Contract basis)
• Total Vacancies: 1036
• Application Mode: Online
• Category: Government jobs
• Official Website: https://www.idbibank.in/
• Exam Date: 02nd July 2023

IDBI BANK Executive Recruitment 2023 Important Dates:

IDBI BANK Executive 2023 Vacancy Distribution:

• General: 451
• SC: 160
• ST: 67
• OBC: 255
• EWS: 103

Total: 1036

IDBI BANK EXECUTIVE: Eligibility Criteria

IDBI BANK EXECUTIVE 2023: Selection process

IDBI BANK EXECUTIVE: Exam Pattern

IDBI BANK Executive 2023: Syllabus 

The IDBI BANK Executive Syllabus for 2023 includes the following subjects: Logical Reasoning, Data Analysis & Interpretation, English Language, Quantitative Aptitude, and General/Economy/Banking Awareness/Computer/IT. Here is a simplified version of the syllabus with the topics covered in each section:

Logical Reasoning, Data Analysis & Interpretation:

• Blood Relation
• Puzzles
• Inequality
• Odd One Out
• Data Sufficiency
• Seating Arrangement
• Alphanumeric series
• Order and Ranking
• Distance & Direction
• And more

English Language:

• Reading Comprehension
• Error Detection
• Fill in the blanks
• Phrase Replacement
• Synonyms and Antonyms
• Idioms and Phrases
• And more

Quantitative Aptitude:

• Approximation
• Number Series
• Inequality
• Arithmetic
• Ratio and Proportion
• Percentage
• Time and Work
• Probability
• And more

General/Economy/Banking Awareness/Computer/IT:

• State Current Affairs
• Banking Awareness
• Economy
• Financial Awareness
• Computer Fundamentals
• Memory and Storage Devices
• Computer Networks
• Cyber Security
• And more

IDBI BANK Executive 2023: Salary Structure

The selected candidates will be paid a fixed remuneration for the initial 1 year, which will increase in the subsequent years.

IDBI BANK Executive Recruitment 2023: Application Fee

During the application process for IDBI BANK Executive Recruitment 2023, candidates are required to pay the applicable application fee or intimation charges. The payment can be made through online mode only. The following table provides the details of the application fee based on the candidate’s category:

IDBI BANK Executive Recruitment 2023: How to Apply

Follow the steps below to fill the online registration form for IDBI Bank Executive vacancies:

Step 1: Visit the official website of IDBI Bank at www.idbibank.in. Alternatively, you can directly apply using the link provided.

Step 2: On the homepage, click on the “Careers” section, and then select “Current Openings.”

Step 3: Look for the notification titled “Recruitment of Executives on Contract-2023” and click on it.

Step 4: Now, click on the “Apply Online” link, which will redirect you to a new page.

Step 5: Fill in your personal and educational details in the application form accurately.

Step 6: Candidates need to proceed to upload the following documents:

• Photograph: Dimensions – 200 x 230 pixels, Size – 20kb to 50 kb.
• Signature: Dimensions – 140 x 60 pixels, Size – 10kb to 20kb.
• Thumb Impression: Dimensions – 240 x 240 pixels, Size – 20kb to 50 kb.
• Hand Written Declaration: Dimensions – 800 x 400 pixels, Size – 50kb to 100 kb.

Step 7: After uploading the documents, candidates are required to pay the applicable application fee to submit the application form.

Step 8: Once all the steps are completed, review the application form, and then finally submit it. Download the submitted application form for future reference.

Note: The Handwritten Declaration must be written by the candidate in their handwriting, and it should state, “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.”

Ensure that the signature and handwritten declaration are NOT in CAPITAL LETTERS as it will not be accepted.

Candidates should carefully adhere to the size and dimension specifications mentioned above while uploading the documents.

Make sure to regularly check the official website for any updates or modifications regarding the recruitment process.

Always refer to the official notification and guidelines issued by IDBI Bank for accurate and up-to-date information on the application process.

FAQ’s

What is the last date for IDBI form 2023?
Candidates can apply through Online only, from May 24, 2023 to June 07, 2023 both dates inclusive. Application in any other mode will not be accepted.

What is the salary of Assistant Manager in IDBI 2023?
IDBI Assistant Manager Salary Structure 2023.The pay scale Of an IDBI Assistant Manager ranges from INR 36000 to INR 63840. The gross monthly payment will be around 60,000 rupees. During the nine months of classroom training, candidates are entitled to INR 2,500 per/month.

What is the fee for IDBI exam 2023?
The Application Fee for the IDBI SO Recruitment 2023 is Rs. 1000/- for the General/ OBC/ EWS candidates. While the Application Fee for the SC/ ST/ PwD candidates is Rs. 200/-

Is IDBI exam conducted every year?
The Industrial Development Bank of India or popularly known as IDBI Bank conducts the recruitment process every year for the post of Executive.

Is IDBI Assistant Manager a permanent job?
The answer is yes, IDBI assistant manager is a permanent job with all the benefits and perks of a public sector bank employee.

What is the highest salary in IDBI Bank?
The highest-paying job at IDBI Bank is a General Manager with a salary of ₹35.3 Lakhs per year. The top 10% of employees earn more than ₹22 lakhs per year. The top 1% earn more than a whopping ₹35.01 lakhs per year.

Is IDBI a government job?
IDBI Bank is an Indian private sector bank and a subsidiary of Life Insurance Corporation.

Is there any interview in IDBI Bank?
Based on your performance in Online Test you are advised to appear for Document Verification (DV) and Personal Interview (PI) as per the time, date and venue details mentioned on your call letter.

What is the first salary of assistant manager in IDBI?
Average IDBI Bank Assistant Manager salary in India is ₹ 11.2 Lakhs for less than 1 year of experience to 14 years. Assistant Manager salary at IDBI Bank India ranges between ₹ 4.0 Lakhs to ₹ 18.8 Lakhs. According to our estimates it is 72% more than the average Assistant Manager Salary in Banking Companies.

Who is next to assistant manager?
A deputy manager is considered a higher rank than an assistant manager.

Is IDBI under RBI?
Formation of Industrial Development Bank of India (IDBI). The Industrial Development Bank of India (IDBI) was established in 1964 under an Act of Parliament as a wholly-owned subsidiary of the Reserve Bank of India.

What is the selection process of IDBI Assistant Manager?
Personality Test for IDBI Assistant Manager Exam 2023.Those who pass the online test will be invited for an in-person interview. While the number of candidates invited for an interview is at the discretion of IDBI Bank, the Bank will select an appropriate number of candidates in each category.

Who is eligible for IDBI exam?
IDBI Executive Eligibility Criteria 2023 – Educational Qualifications. To be eligible for the IDBI Executive Recruitment, the applicants must have a graduate degree in any discipline from a University recognised by the Govt. of India or any equivalent qualification recognised as such by the Central Government.

IDBI Bank Executive Previous Year Question Paper

Previous year question papers and answer keys have been provided in PDF format in the following part of the article. Candidates can download the papers free of cost.