IDBI Bank Assistant Manager Recruitment 2017 | 1000 Posts

The IDBI Bank (Industrial Development Bank of India) recruitment notification of Probationary Officers in the cadre of Assistant Manager has been announced for 2016 – 2017 batch. IDBI Bank with headquarters in Mumbai is one of the largest public sector banks in India that mainly caters to corporate & SME concerns.

This recruitment is for admission into IDBI Manipal School of Banking which was formed as a result of the tie-up between IDBI Bank & Manipal Global Education Services Private Limited (MGES)

As part of it, selected candidates shall be enrolled for the 1 year Post Graduate Diploma in Banking & Finance course.

Position:

Assistant Manager (grade A) – 1000 posts [Gen – 469, OBC – 285, SC – 138, ST – 108]

When to apply?

Online registration of applications from November 25 to December 9, 2016

Online Test shall be held on February 3, 2017

Eligibility:

Those looking to apply for this IDBI bank PO recruitment must fulfil the following conditions, as on October 1, 2016

• Must have 60% in degree (55% for SC/ST/PWD), as on Oct 1, 2016
• Agelimit: 20 – 28 yrs (+3yrs for OBC, +5yrs for sc/st, +10yrs for PWD)
• Must be proficient in computer operations

Those in final year/ semester are also eligible to apply provided they submit at the time of Interview, a proof of having passed the degree exam on or before December 9, 2016

Books:

About the Course

The fees for this programme is Rs.3,50,000 that can be availed by candidates as education loan from IDBI bank itself.

Since you would be an employee of the bank after training, EMIs for the loan amount shall be recovered from your monthly salary.

During the training period, you would be paid Rs.2500 for the first 9 months & Rs.10000 for last 3 months as stipend.

Agreement: At the time of joining, all selected candidates will have to execute a 3 year service bond.

Incase you leave the bank within 3 years, Rs.2 lakh + outstanding loan dues must be paid to the organization.

Registration & Fees

The application fee is Rs.700 (Gen/OBC) & Rs.150 (SC/ST/PWD) has to be paid only through Internet before December 9th

• Visit www.idbi.com & open the online application link placed under ‘careers’ link
• Fill in the required details such as personal, educational etc., carefully
• Complete the online payment using Debit/ Credit card or Net banking facility  & take a print of the e-receipt.
• After submitting the application, you will see the registration no. & password on the screen that you need to note.These details would also be sent via email & SMS

Applicants can download their call letters for the examination from the bank`s website after January 3rd week.

Read the notice:

Aspirants who wish to apply for IDBI Bank PO/ Assistant Manager recruitment 2017 can download the notification from their website here (pdf)

The online application is available here