IDBI Bank Recruitment 2023: 2100 Executive Posts

IDBI Bank Recruitment 2023 : Industrial Development Bank of India (IDBI Bank) has invites Online Application for recruitment to the Post of Junior Assistant Manager (JAM), Grade ‘O’, Executives – Sales and Operations (ESO) in All Over India. Eligible candidates can Apply Online on or before 06.12.2023

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IDBI Bank Vacancy Details November 2023

IDBI Bank Recruitment 2023 – Vacancy Details

IDBI Bank Recruitment 2023 – Educational Qualification details

IDBI Bank Recruitment 2023 – Career Prospects

1.Junior Assistant Manager (JAM), Grade ‘O’

• a) As per extant Bank’s norms (subject to amendments from time to time), Grade “O” officers shall be considered for promotion to next cadre i.e. Grade ‘A’, on completion of 3 years of service. The same would be subject to performance, availability of vacancies, other criteria, etc. These norms shall be as per then prevalent Bank’s Promotion Policy, as amended from time to time.

  b) The broad modalities of the selection process shall be decided by the Bank from time to time and would be at its sole discretion

2.Executives – Sales and Operations (ESO)

• The appointment of Executive will be purely on contractual basis. The contract would be initially for a period of 1 year and may be reviewed for extension on year-to-year basis for a further period of 1 year, subject to satisfactory performance, completion of assigned mandatory e-certifications, availability of vacancies and any other criteria that Bank may decide from time of time. As per extant Bank’s norms (subject to amendments from time to time), on successful completion of a period of 2 years of contractual service, appointee shall become eligible for appointment as Junior Assistant Manager, (JAM), Grade ‘O’ in the Bank through a selection process that would be conducted by the Bank. The same would be subject to performance, availability of vacancies, other criteria, etc. These norms shall be as per then prevalent Bank’s Promotion Policy, as amended from time to time. On joining the Bank’s services as Junior Assistant Manager -JAM (Grade ‘O’), CTC would range between Rs.6.14 lakh to Rs.6.50 lakh (Class A city) at the time of joining. Appointment as Grade ‘O’ will be as per the prevailing policy of the Bank and availability of vacancy at the relevant point of time. The broad modalities of the selection process shall be decided by the Bank from time to time and would be at its sole discretion.

IDBI Bank Recruitment 2023 – Emoluments

1.Junior Assistant Manager (JAM), Grade ‘O’

• a) On joining the Bank’s services as Grade ‘O’, compensation on Cost to Company (CTC) basis would range between Rs.6.14 lakh to Rs.6.50 lakh (Class A city) at the time of joining.

  b) Annual increment shall be granted based on performance or any other parameters as decided by the Bank from time to time.

  c) The appointee would be covered under the IDBI Bank Ltd. New Pension Scheme (IBLNPS) rules, 2011, as amended / modified from time to time.

2.Executives – Sales and Operations (ESO)

• The Executive will be paid a lump sum/fixed remuneration as under:

  • Rs.29,000/- per month in the first year,

  • Rs.31,000/- per month in the second year

  • The appointment is purely contractual in nature. The appointee shall not be entitled to draw any allowances such as DA, HRA, etc. nor be entitled for any superannuation benefits, gratuity and provident fund or any benefits whatsoever.

IDBI Bank Recruitment 2023 – Age Limit details

IDBI Bank Recruitment 2023 – Age Relaxation details

IDBI Bank Recruitment 2023 – Application Fee

• SC/ST/PWD Candidates : Rs. 200/-
• All Other Candidates : Rs. 1,000/-
• Mode of Payment : Online.

IDBI Bank Recruitment 2023 – Selection Process

• i) Junior Assistant Manager (JAM), Grade ‘O’ – The selection process shall comprise of Online Test(OT), Document Verification (DV), Personal Interview (PI) and Pre Recruitment Medical Test (PRMT).

  ii) Executive –Sales and Operations (ESO): The selection process shall comprise of Online Test(OT), Document Verification (DV)and Pre Recruitment Medical Test (PRMT)

• Exam Center In Tamilnadu: Chennai, Coimbatore, Erode, Madurai, Nagercoil/Kanyakumari, Salem, Thanjavur, Thiruchirapalli, Tirunelvelli, Vellore & Virudhunagar

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How to apply for IDBI Bank Recruitment (Executive) Jobs

• A Willing and Eligible candidates can apply Online at the Official Website idbibank.in, Starts From 22.11.2023 to 06.12.2023

Important Dates

• Start Date to Apply Online : 22.11.2023
• Last Date to Apply Online : 06.12.2023
• Date of Examination for Junior Assistant Manager (JAM), Grade ‘O’ : 31.12.2023
• Date of Examination for Executive – Sales and Operations (ESO) (on Contract) : 30.12.2023

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