IDBI Bank Recruitment Of Assistant Manager 2014-15


About IDBI Bank:

IDBI Bank Ltd., a banking company under the Companies Act, 1956, having majority share holding by Government of India, is a leading provider of complete range of retail and corporate banking services to its clients. The Bank is aggressively expanding its operations.

Total No. of vacancies: 500 Posts

Location: Across India

Position/Designation: Assistant Manager

Eligibility Criteria:

Qualification: Graduation from a recognised University

Age: Min 20 Years & Max 26 Years

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Application Fees :  

Intimation Charges (Payable from June 30, 2014 to July 12, 2014 (both dates inclusive) – `100/- for SC/ST/PWD candidates – `600/- for all others Bank Transaction charges / convenience charges for Offline/ Online Payment of fees/ postal charges will have to be borne by the candidate

Selection Process :

The selection process will comprise of Online Test followed by personal interview of the candidates, who have qualified in the online test. The Online Test will be Objective in nature.

Programme Fees :

Programme fees for this Course will be `3,50,000/- (Three lakh fifty thousand only) (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the students in instalments as per a fixed schedule during the 1 year programme.

Service Bond :

All selected candidates, at the time of their joining the course itself, will have to execute a Service Bond for serving the bank for a minimum period of 3 years from the date of their joining Bank?s service or shall have to pay a notional amount of ` 2 lakh. In addition to the payment of ` 2 lakh, in case any candidate leaves the services of the Bank before 3 years, he/she will have to clear his/her outstanding educational loan dues at the applicable card rate, if he/she has opted for education loan from IDBI Bank.

Career Prospects and Emoluments :

Stipend (during the training): During the Training Period (9 Months) – `2500/- per month During the Internship Period (3 Months) – `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 ` 14,400/- per month in the pay scale of ` 14400-1000(19)-33400-1250(6)-40900 (26 years).

The pay scale, allowances, reimbursements, perquisites and other terms subsisting at the time of joining and as may be modified / amended / revised from time to time would be applicable as per rules in force from time to time.

Test Centres :

Chennai, Madurai, Coimbatore, Hyderabad, Vishakhapatnam, Vijayawada, Kochi, Bangalore, Hubli, Mangalore, Mumbai, Kolhapur, Nagpur, Bhopal, Ahmedabad, Rajkot, Jaipur, Bhubaneswar, Raipur, Ranchi, Kanpur, New Delhi, Chandigarh, Guwahati and Kolkata.

Call Letters:

The candidates are advised to visit the Bank’s website after 08.08.2014 to download their call letters by entering their registration number and password. Candid ates qualifying 7 in on – line test would have to visit bank’s website to download the call letter for personal interview by entering their registration number and password.

About Training:

IDBI Bank has entered into a MoU with Manipal Global Education Services Private Limited, to provide training in Banking and Finance to prospective candidates aspiring to join IDBI bank as Assistant Manager Grade “A”. The Bank invites applications from young, dynamic graduates for admissions in IDBI Manipal School of Banking, Bangalore 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 a s Assistant Manager Grade “A”.

Important Dates :
Opening and closing of payment Gateway: June 30, 2014 – July 12, 2014

Opening and closing of gateway for submission of on-line application: June 30, 2014 – July 12, 2014

Date of Written Test at all centers: August 22, 2014


Candidates are required to apply Online

Registration Link: Click Here To Apply

Official Detailed Notification Advertisement: Click here for more details



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