IDBI PO Recruitment 2016-17 | 100 Vacancies | www.idbi.com | Across India

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About IDBI Probationary Officer Recruitment 2016-17 – 1000 Vacancies – through PGBDF – Across India :

IDBI Bank has entered into a MoU with Manipal Global Education Services Private Limited (MGES), Bengaluru to provide training in Banking and Finance to prospective candidates aspiring to join IDBI Bank as Assistant Manager Grade ‘A’. IDBI Bank invites applications from young, dynamic graduates for admissions in Manipal School of Banking, Bengaluru for 1 year Post Graduate Diploma in Banking and Finance (PGDBF) comprising of 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 fulfilment of eligibility criteria.

Bank Name : IDBI Bank

Bank Website : www.idbi.com

Job Location : Across India Branches

Position : Assistant Manager Grade – A { after completion of 1 year training at Manipal School of Banking }

Salary : 

Stipend (during the training): During the Training Period (9 Months) – Rs 2500/- per month and During the Internship Period (3 Months) – Rs 10000/- 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 Rs 14,400/- per month in the pay scale of Rs 14400-1000(19)-33400-1250(6)-40900 (26 years). {initially Rs 35k per month after deductions }

No of Posts : 1000

Eligibility Criteria (as on 1 Oct 2016) :

  • Educational Qualification : Graduation from a recognised University with minimum 60% marks (55% marks for SC/ST/PWD)
  • Age Limit : Minimum: 20 years Maximum: 28 years i.e. a candidate must have been born not earlier than 02.10.1988 and not later than 01.10.1996 (both dates inclusive)

Selection Process :

  • Online Written Test { No Prelims }
    • Total Questions 200 and Total Marks 200 with negative marking of 1/4th per wrong answer attempted
    • Total Duration : 2 Hours
    • Reasoning – 50 Questions – 50 Marks , Quantitative – 50 Questions – 50 Marks , English Language – 50 Questions – 50 Marks , General Awareness ( with special reference to Banking ) – 50 Questions – 50 Marks
  • Interview
  • Final Merit Ratio of Online Test : Interview = 80:20

Application Fee :

  • SC / ST / PWD : Rs 150/-
  • Others : Rs 700/-

How To Apply :

Last date to apply is 9 December 2016. Tentative Date of Online Test is 3 February 2017. Call Letters will be available for download from 17 January 2017 onwards.

Apply Link : Click Here

Official Notification : Click Here

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