[500 Posts] IDBI Bank PGDBF & Assistant Manager Recruitment 2022 – Study & Earn

The IDBI Bank (Industrial Development Bank of India) recruitment-cum-admission notification for IDBI Bank PGDBF 2022-23 and Probationary Officers in the cadre of Assistant Manager has been released. IDBI Bank with headquarters in Mumbai is one of the largest public sector banks in India that mainly caters to corporate & SME entities.

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.

Positions:

Assistant Manager (Grade A) – 500 posts [Gen – 418, OBC – 268, SC – 175, ST – 79]

When to apply?

Online registration of applications from June 3 to June 17, 2022

Online Test shall be held on July 9, 2022

Who are Eligible?

Those looking to apply for this IDBI bank PO recruitment must fulfil the following conditions, as on April 1, 2022

• Must have completed graduation in any degree
• Age limit: 21 – 28 yrs (+3yrs for OBC, +5yrs for SC/ST, +10yrs for PWD)
• Must have good working knowledge in computers. You should have completed Certificate/ Diploma/ Degree in Computer operations/ Language/ OR should have studied Computer science/ IT as one of the subjects in the High School/ College/Institute.

  Those studying in final year/ semester are also eligible to apply but they need to provide proof of passing the graduation on or before April 1, 2022.

  About the Course

  The fees for this year`s Post Graduate Diploma in Banking and Finance (PGDBF) 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 during internship of 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.

  What is the Selection Process:

  The selection process of IDBI bank PO recruitment 2022 involves an online written test (objective type) in the following pattern:

  It is necessary for you to qualify in each test by scoring the necessary cutoff marks fixed by the bank. While a correct answer fetches you 1 mark, every wrong answer carries 0.25 negative mark.

  Candidates selected in the online test will be called for personal interview, followed by document verification and then finally appointed.

  Books:

  The online written test for 200 marks contains questions from Reasoning, English, Quantitative aptitude & General awareness/Computer/ IT. To prepare for these tests, you can make use of the below reference material. * IDBI Bank Asst.Manager Exam Guide – Rs.362 – Buy online (latest edition)

  Registration & Fees

  The application fee is Rs.1000 (Gen/OBC) & Rs.200 (SC/ST/PWD) has to be paid between June 6 to 17 only through online mode.

  • 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.

  Read the notice:

  Aspirants who wish to apply for IDBI Bank PO/ Assistant Manager recruitment cum PGDBF admission 2022 can download the notification from their website here (pdf)

  The online application is available here