Recruitment of Executives (on Contract) 2023-24 in IDBI Bank Ltd

✓ Last verified on 31 May 2023 from official notification

Job Title: Executive (on Contract) 2023-24

IDBI Bank Ltd. is inviting online applications from eligible candidates for the post of Executive (on contract) 2023-24. The recruitment process will be strictly on an all India basis as per the selection process enumerated below.

Job Description: The selected candidates will be responsible for carrying out various banking activities such as customer service, account opening, loan processing, cash handling, and other related tasks. They will also be required to cross-sell various banking products and services to customers.

Eligibility Criteria:

1. Age: The candidate must be between 20 to 25 years of age as on May 1, 2023.
2. Education Qualification: A Graduate from a recognized university. Passing only a diploma course will not be considered as qualifying the eligibility criteria. The university/institute should be recognized/approved by Government; Government Bodies viz., AICTE, UGC etc.

Selection Process: The selection process for the post of Executive (on contract) 2023-24 will consist of an Online Test followed by a Personal Interview.

Online Test: The online test will consist of objective type questions with a total duration of 90 minutes. The test will cover topics such as Reasoning Ability, Working English Language, and Quantitative Aptitude.

Personal Interview: Candidates who qualify in the online test will be called for a personal interview. The interview panel will assess the candidate’s communication skills, knowledge about banking products and services, and overall suitability for the job.

Important Dates:

1. Last Date for submission of Online Application and Payment of Fee: June 07, 2023
2. Tentative Date of Online Test: July 02, 2023

Salary and Benefits: Selected candidates will be offered a fixed term contract with a consolidated remuneration of Rs.29,000/- per month in the first year, Rs.31,000/- per month in the second year, and Rs.34,000/- per month in the third year of service. In addition to this, they will also be eligible for other benefits such as medical insurance, leave travel allowance, and performance-based incentives.

How to Apply:

Interested candidates can apply online through the official website of IDBI Bank Ltd. The application fee for General/OBC candidates is Rs.1000/- and for SC/ST/PWD candidates is Rs.200/-. The fee can be paid online using Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

Before filling up the online application form, candidates are advised to read the instructions carefully and ensure that they meet the eligibility criteria. Candidates should also keep scanned copies of their photograph and signature ready for uploading during the application process.

In case a candidate is unable to complete the application form in one go, they can save the data already entered by choosing the “SAVE AND NEXT” tab. Prior to final submission of the online application, candidates are advised to use the “SAVE AND NEXT” facility to check and/or verify the details in the online application form and modify the same if required.

Visually Impaired candidates should fill the application form carefully and verify/get the details verified to ensure that they are correct prior to final submission.

IDBI Bank Ltd. is an equal opportunity employer and encourages diversity in its workforce. Candidates from all backgrounds are welcome to apply for this exciting opportunity.

So if you have a passion for banking and finance, excellent communication skills, and a desire to learn and grow with a leading organization, then this is your chance! Apply now for the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.

Frequently Asked Questions about the Job

1. What is the last date for submission of online application and payment of fee for the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.?

Answer: The last date for submission of online application and payment of fee is June 07, 2023.

2. What is the age limit for candidates applying to the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.?

Answer: The candidate must be between 20 to 25 years of age as on May 1, 2023.

3. What is the education qualification required for candidates applying to the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.?

Answer: A Graduate from a recognized university. Passing only a diploma course will not be considered as qualifying the eligibility criteria.

4. What is the selection process for the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.?

Answer: The selection process will consist of an Online Test followed by a Personal Interview.

5. What is the tentative date for the Online Test for the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.?

Answer: The tentative date for the Online Test is July 02, 2023.

6. How much remuneration will be offered to selected candidates for the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.?

Answer: Selected candidates will be offered a fixed term contract with a consolidated remuneration of Rs.29,000/- per month in the first year, Rs.31,000/- per month in the second year, and Rs.34,000/- per month in the third year of service.

7. Is there any provision for relaxation in age limit or educational qualifications for candidates belonging to reserved categories?

Answer: Yes, there is relaxation in age limit and educational qualifications for candidates belonging to reserved categories as per government norms.

8. What is the application fee for General/OBC candidates applying to the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.?

Answer: The application fee for General/OBC candidates is Rs.1000/-.

9. Can visually impaired candidates apply for the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.?

Answer: Yes, visually impaired candidates can apply for the post of Executive (on contract) 2023-24 with IDBI Bank Ltd.

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