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IDBI Recruitment 2019: Apply for 600 Assistant Manager Post

IDBI Recruitment 2019: IDBI Bank has invited 600 vacancies for admissions to Manipal School of Banking, Bengaluru for 1 year Post Graduate Diploma in Banking and Finance (PGDBF). After the successful completion of the course, the candidates will be awarded PGDBF from Manipal University and will be inducted into IDBI Bank as Assistant Manager Grade ‘A’ .

Interested candidate can check the Notification and apply online from 23.06.2019 to 07.07.2019 .

Important Notice: Last date to apply online has been extended till 07.07.2019

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IDBI Bank 2019 Vacancy at a Glance
Total Vacancy 600
Start Date to submit application form 23.06.2019
Last date to submit application form 07.07.2019
Mode of application ONLINE
AGE Limit 21-28 Years
Educational Qualification Graduation
Application Fees SC/ST/PWD- 150/-
Others- 700/-
Online Test Date 21.07.2019
Apply Online

Important Links
Apply Online: Click here
Official Notification: Click here
Official Website: Click here

IDBI Recruitment: Vacancy in detail

CategoryVacancy
General273
OBC162
ST45
SC90
EWS30
Total600

Note: For PwD Category 24 seats are reserved.

IDBI Bank Recruitment: Eligibility

Educational Qualification
  • Candidates should be Graduate from any discipline from a recognised university.
  • Applicants are expected to have proficiency in computers.

Note: Those who are in the final year of their Graduation/ Semester may also apply provisionally subject to the condition that, if called for interview, they will have to produce proof of having passed the graduation examination on or before 01.06.2019.

Age

Minimum: 21 years
Maximum: 28 years

Relaxation in age limit
Category Relaxation(Years)
SC/ST 5
OBC 3
PwD 10
Ex-Serviceman 5
J&K Domiciled 5
Persons affected by 1984 riots 5
Application Fee
All Others Rs. 700/-
SC/ST Rs. 150/-

IDBI Recruitment 2019: Selection Procedure

  1. Online Test
  2. Personal Interview
Online Test
Name of TestsNo. of QsMax
Marks
Duration
Logical Reasoning, Data Analysis
& Interpretation
6060Composite
time of
English Language 40402 hours
Quantitative Aptitude 4040
General/Economy/Banking
Awareness
6060
Total200200

Career Prospects and Emoluments

After selection candidate should have to take admissions to Manipal School of Banking, Bengaluru for 1 year Post Graduate Diploma in Banking and Finance (PGDBF).

There will be 9 months of classroom studies at MGES, Bengaluru and 3 months Internship at IDBI Bank’s Branches.

After the successful completion of the course, the candidates will be awarded PGDBF from Manipal University and will be inducted into IDBI Bank as Assistant Manager Grade ‘A’ subject to fulfillment of eligibility criteria as stated in this advertisement.

Stipend: During the Training Period (9 Months) – ` 2,500/- per month during the Internship Period (3 Months) – `10,000/- per month.

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 ` 23,700/- per month in the pay scale of ` 23700-980(7)-30560-1145(2)-32850-1310(7)- 42020(17 years).

Programme Fees

Programme fees for this Course will be ` 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 programme ( inclusive of course fees, lodging, boarding and other fees, etc.).

Financing/Loan Options

Selected candidates can finance the course fees by availing Education Loan, if they so desire, which will be granted by IDBI Bank as per its existing education loan scheme.

Service Bond

All selected candidates, at the time of their joining the course itself, will have to execute a Service Bond for serving IDBI Bank for a minimum period of 3 years from the date of their joining IDBI Bank’s service or shall have to pay a notional amount of `2 lakh.

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