IDBI Bank - Executive Recruitment
IDBI Bank invites online applications from eligible suitable
applicants for the post of Executive to be filled on contract basis at its
different Branches and Offices. Recruitments in IDBI Bank are strictly on all
India basis by open competition and the Bank has not hired or authorized any
agency or organization or any individual to recommend or recruit any personnel
on its behalf or collect any money or commission or charges for recruitment or
training or coaching, etc.
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Essential Qualification -
A Graduate from a recognized university with minimum 55%
marks (50% for SC/ST/PWD)
Educational Qualifications:
i. A Graduate from a recognized university with
minimum 55% marks (50% for SC/ST/PWD) in any discipline from a university
recognized by the Govt. of India OR any equivalent qualification recognized as
such by the Central Government.
ii. The candidate must possess valid Mark-sheet /
Degree Certificate that he/ she is a graduate as on July 01, 2021 and indicates
the percentage of marks obtained in Graduation while registering online. The
date of passing the eligibility examination will be the date appearing on the
marksheet or provisional certificate issued by University / Institute. In case
the result of a particular examination is posted on the website of the University
/ Institute and web-based certificate is issued then proper
document/certificate in original issued and signed by the appropriate authority
of the University / Institute indicating the date of passing properly mentioned
thereon will be reckoned for verification and further process.
iii.
Candidate should indicate the percentage
obtained in Graduation calculated to the nearest two decimals in the online
application. Where CGPA / OGPA is awarded, the same should be converted into
percentage and indicated in online application. If called for document
verification.
iv.
Applicants are expected to have proficiency in
Computers.
Number of posts
920 Vacancies.
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Age (years) as on 01/07/2021
Minimum - 20 Maximum- 25. The applicant must have been born
not earlier than July 02, 1996 and not later than July 01, 2001 (both dates
inclusive).
Important Dates:-
1. Cut-off date for eligibility criteria (Age &
Qualification ) - July 01, 2021
2. Online Registration - August 04, 2021 to August 18,2021
3. Payment of Application Fee - August 04, 2021 to August
18,2021
5. Date of Online Test at all centers - September 05, 2021
IDBI Bank Executive Recruitment - Service Conditions
(i)
The appointment of Executive will be on
contractual basis. The contract would be initially for a period of 1 year and
this may be reviewed for extension on yearto-year basis for a further period of
2 years, subject to satisfactory performance, completion of assigned mandatory
e-learning certifications and availability of vacancies. On successful
completion of a period of 3 years of contractual service, such appointees may
become eligible for appointment as Assistant Manager (Grade A‟) in IDBI Bank
through a selection process that would be conducted by IDBI Bank. The Executive
will be paid a lump sum/fixed remuneration as per the following : Consolidated
remuneration 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. Note:
These executives shall not be entitled to draw any allowances such as DA, HRA,
etc.
(ii)
During the contractual period, the applicants
can be posted at any branch or offices of the Bank as per the discretion and
requirements of the Bank. Applicants could also be posted at IDBI Bank's
discretion, to any offices of IDBI Bank or the departments or offices or
business units of IDBI Bank’s subsidiaries or associate institutions. The
appointment being purely contractual in nature, the appointee shall not be
entitled for any superannuation benefits whatsoever. Also, appointee shall not
be entitled for any gratuity and provident fund benefits. However, the
Executives would be covered under IBLNPS Rules, 2011. The contractual period of
service would not be counted for any superannuation/ terminal benefits, in
case, the appointee is considered for appointment in the services of IDBI Bank
as a regular full-time employee at a later stage.
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How to apply - IDBI Bank Executive Recruitment
Candidates can apply only online from 04.08.2021 to 18.08.2021
and no other mode of application will be accepted.
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