IDBI Executive Recruitment 2021 – Application Process, Eligibility, Pattern, and Result

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Banking

IDBI Executive Recruitment 2021 – Application Process, Eligibility, Pattern, and Result

IDBI Bank, also known as the Industrial Development Bank of India, has issued a notification for Executive positions for 2021. The application form was open until the 7th of January 2021. http://www.idbi.com is the official website for applying for IDBI Executive positions.

Any candidate with a valid graduation degree from a recognised university or institute from anywhere in India is qualified to apply for the IDBI Bank exam 2021. A nationwide entrance test will be conducted to select candidates. The IDBI Bank has issued an official notification to fill a total of 300 contractual vacancies. The exam date has not yet been announced, but an official announcement will be made shortly.

IDBI Executive Notification

According to the IDBI Bank notification, the total number of vacancies is 300, for which eligible candidates may apply online on the official website. Before starting the online application process, all applicants should read the notification carefully.

The role is open to those who have completed their bachelor’s degree and are looking for work in the banking industry. Interested candidates can download the IDBI Bank Executive Official Notification PDF from the official website. 

Candidates who meet the eligibility requirements may apply online for the position of IDBI Bank Executive. The candidates will be selected on the basis of a selection process. 

IDBI Bank Selection Process

Step 1- Online Test

Step 2- Document Verification

Step 3- Pre-Recruitment Medical Test

Step 4- Personal Interview

How to Apply for the IDBI Executive 2021 Exam

Step 1: Candidates can go to the IDBI Bank’s official website: http://www.idbibank.in or http://www.idbi.com.

Step 2: Click on the “Careers” link, then “Current Openings.”

Step 3: Download and read the instruction on “Recruitment of 300 Executives in IDBI – 2020.”

Step 4: To begin the registration process, click on “Apply Online-Executive Application.”

Step 5: Fill out all of the required information and upload all required documents and photographs in the proper formats.

Step 6: Aspirants must pay the application fees to receive an e-receipt.

Step 7: Before clicking “Submit,” check all of the information you’ve entered.

Step 8: After completing the registration process, you will receive a Registration ID and Password. 

Step 9: Save or print a copy of the complete application for future reference.

IDBI Executive salary

Here is the IDBI executive Salary Structure:

  • First-year – For the first year, an executive will be eligible to get Rs.22,000/- per month.
  • Second Year – In the second year of his/her job as an executive, a person will get Rs.24,000/- every month.
  • Third Year – In the last year of the contractual period, an executive will be eligible for a monthly payment of Rs.27000/.
  1. Since this post is contractual in nature, an executive is not eligible to draw any allowances such as Dearness Allowance, House Rent Allowance etc.
  2. Also, an executive will not get any superannuation and Terminal Benefits for the entire period of 3 years.
  3. IDBI executive is not eligible for any gratuity and provident fund benefits.

IDBI Bank Vacancy

IDBI Bank has added the EWS category to the vacancies this year, in addition to the earlier reservations. According to government directives, the seats are divided into different groups. The vacancies of 300 is divided in the following way: 

UR 300
SC 137
ST 45
OBC 22
EWS 81

IDBI Bank Eligibility

Before applying for the exam, all interested candidates should carefully review the eligibility requirements. 

Educational Qualifications

To apply for the position, the applicant must have a minimum educational qualification. T  the applicant must be a graduate of a recognised university or institution. For GEN category, a minimum of 60% is required, while for SC/ST/PWD, a minimum of 55% is required.

Age 

IDBI Bank has set an age limit for those interested candidates. An applicant may not be allowed to take the examination if he or she is younger than the minimum age or older than the maximum age limit. The minimum age is 20 years, and the maximum age is 25 years – the age will be calculated as of 1st March 2020. 

IDBI Bank Exam Pattern

The exam will be conducted online and will only include Objective Type Questions.  The exam duration is 90 minutes and will include 150 questions. All questions will be in English and Hindi languages. The exam has a total score of 150 marks, with a 0.25 mark deduction as a negative mark for each incorrect answer.

Subjects Questions Marks Duration
Reasoning 50 50 90 Minutes
English Language 50 50
Quantitative Aptitude 50 50
Total 150 150

IDBI Executive Syllabus

Verbal Reasoning Classification, Operations of Mathematics, Venn Diagrams, Word Sequence, Missing Characters, Sequential Output training, Directions, Test on Alphabets, Eligibility Test, Data Sufficiency, Alpha-Numeric Sequence Puzzle, Puzzle Test, Blood Relations, Coding-Decoding, Analogy, Series Completion, Verification of the truth of the Statement, Situation Reaction Test, Direction Sense Test, Assertion and Reasoning, Arithmetical Reasoning
Non-verbal Reasoning Construction of Squares and Triangles, Series, Completion Incomplete Pattern, Spotting embedded figures, Classification, Rules Detection, Analytical Reasoning, Paper Folding, Paper Cutting, Cubes and Dice, Water Images, Mirror Images, Dot Situation, Identical figure groupings, Forming figures and analysis, Figure Matrix
Test of English Language Fill in the blanks, Synonyms & Antonyms, Vocabulary, Idioms and Phrases, One word substitutions, Comprehension passage, Shuffling of sentence parts 
Test of Quantitative Aptitude Number System, Decimal & Fractions, Percentages, Ratio and Proportions, Average, Problems on Ages, Time and Work, Mixtures & Allegations, Time and Distance, Profit and Loss, Simplification, Simple & Compound Interest, HCF & LCM, Data Interpretation

The Personal Interview is the second stage of the exam, followed by document verification and a medical examination. Those who pass the online exam will be invited to the next level of document verification, which will be followed by the “pre-recruitment medical test,” after which final appointments will be made.

IDBI Executive Admit Card

IDBI Bank will issue admit cards for the online test once the application has been submitted and accepted. By logging in to the official website, candidates can download and print their admit cards. The exam centre will be mentioned on the admit card. The admit card will also provide details such as the exam place, reporting time, roll number, and instructions for the exam day. On the day of the exam, the candidate must bring a copy of valid identity proof and the admit card to the exam centre.

The admit cards will be issued about two weeks before the test. 

IDBI Bank Result

Follow the following steps to download IDBI Executive Recruitment results. 

  1. Log in to your account from the official IDBI portal. 
  2. Then, click on the result link.One-word
  3. Once the link is open, provide the registration number and date of birth to know the IDBI Executive Results 2021.
  4. To get a hard copy of the IDBI Executive result 2021, proceed to the next stage and press the submit button.

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