Industrial Development Bank of India, popularly known as IDBI Bank has released the notification for the Executive posts for the year 2020. All the eligible candidates can apply online for the post of Executives through the official website.
The official website to apply for the IDBI Executive Posts is www.idbi.com
All the candidates seeking jobs in the banking sector should seize the opportunity. Any candidate, all over India with a valid graduation degree from a recognized university or institute can apply for the IDBI Bank Recruitment 2020. The selection will be through a country-wide entrance examination.
The IDBI Bank Official Notification is open to fill up a total of 300 Vacancies on contractual basis. Candidates who are interested should thoroughly go through the official notification to check the eligibility criteria and the application process before registering. However, the IDBI bank authority has not yet released the examination date, but there is going to be an official update soon. Of what the notification states, the application is open for Executive posts on contractual basis and the selected candidates will get a permanent post as an Executive Officer in one of its many branches.
As per the notification released by the IDBI Bank authorities, the total number of vacancies is 300 for which the eligible candidates can apply online on the official website. All the applicants should read the notification thoroughly before starting the application process on-line.
The recruitment is for those who have completed their graduation degree and are looking for a job in the banking sector. The interested candidates are requested to consult the official website and download the IDBI Bank Executive Official Notification PDF.
For the candidates who are willing to apply, here is in-depth information about the eligibility criteria, payment options, application procedure, educational qualifications required, etc.
The candidates who fulfil the eligibility criteria can apply for the post of IDBI Bank Executive through the online website. The appearing students will be selected based as per the following selection process:
Step 1- Online Test
Step 2- Document Verification
Step 3- Pre-Recruitment Medical Test
Step 4- Personal Interview
In addition to the earlier reservations, IDBI Bank has also introduced the EWS category for the vacancies this year. The seats are divided into various categories as per the Government directions. The vacancy of 300 will be as follows:
All the interested candidates are advised to check the eligibility criteria thoroughly before you apply for the exam. The eligibility criteria of the aspirants will be depend upon several parameters and these are age, and educational qualification. A candidate should check the prerequisite before applying for the post, failing which he/she will not be allowed to appear for the examination.
The candidate who is willing to apply for the post should possess a minimum educational qualification in order to be eligible for the post. The candidate needs to be a graduate from a recognized University or an Institution to be eligible for the job of IDBI Executive. The minimum marks required are 60% for GEN and 55% for SC/ST/PWD.
IDBI Bank has specified the age limit for the candidates willing to apply. If a candidate is younger than the minimum age or exceeds the maximum age limit, he/she will be not permitted to take the examination. The details of age as on March 1, 2020, are- Minimum age-20 years and Maximum age- 25 years.
The process is very simple. The aspirants require to follow these simple steps if they are eligible and interested. The entire registration process is online and candidates need to go to the official website to get the complete instructions. Detailed stepwise instruction is as follows-
Step 2: Go to “Careers” link and then click on “Current Openings”
Step 3: Download the instruction on “Recruitment of 300 Executives in IDBI – 2020” and read it thoroughly
Step 4: Click on“Apply Online-Executive Application” to begin the registration process.
Step 5: Submit all the required details, upload necessary documents, and photographs in proper formats.
Step 6: Next the aspirants should pay the exact amount of application fees so that they can get the e-receipt.
Step 7: Check all the provided details before clicking on “Submit”
Step 8: After successful registration, you will receive the Registration ID and Password for the further process.
Step 9: Download or take a printout of the final application for future reference.
The final process of application is the submission of the application fee for the exam. Candidates can opt for various online methods of payment. Fee payment is only available in online mode as per the following structure:
|General Candidates||700 INR|
The exam will be an Online Test and consist of Objective Type Questions only. The questions will be available in English and Hindi languages for all questions. The total duration of the exam is90 minutes and the total number of questions is 150. Total marks of the exam are also 150 and there is a penalty of 0.25 marks for every wrong answer.
The following table sums up the marking scheme of the IDBI Executive Exam Pattern 2020:-
The applicants should prepare for the exam as per the marking scheme and the exam pattern. It is for the benefit of the candidate that the syllabus is also given for each segment of the paper. The exam consists of 3 sections-Test of Reasoning, Test of Working English Language, Test of Quantitative Aptitude. The syllabus for each of the section for the IDBI Executive exam is as follows:
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 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 etc.
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 etc.
The second stage of the exam pattern is the Personal Interview followed by the document verification and the medical test. After the online test, those candidates that qualify will be called for the next stage of document verification, followed by the ‘pre-recruitment medical test’ after which the final appointments will be made.
Once the application is submitted and accepted, IDBI Bank will release the admit cards for the online test. Candidates can download the admit cards from the official website by signing in to their accounts and taking a print out. The admit card will have the details of the exam centre. The admit card will also contain the information about the exam venue, reporting time, roll number and the instructions for the candidate for the exam day. The candidate must carry a copy of valid identity proof along with the admit card to the test centre on the day of the exam.
The admit cards will be released about two weeks before the examination.
To check the IDBI Executive Result2021, the aspirants should follow the below-mentioned instructions:
Ques. Is the IDBI Executive Exam 2020 online or offline?
Ans. The exam is only in online mode.
Ques. Is the exam available in Hindi and other languages also?
Ans. The exam is conducted in bilingual mode i.e. in English and Hindi languages. No other language is allowed in the exam
Ques. Are the questions objective-type or essay-type?
Ans. The questions are only objective type in the exam. There will be a choice of answers with only one correct answer to every question that is to be marked in the answer sheet.
Ques. What is the maximum limit on age for the IDBI Executive exam?
Ans. The maximum age allowed as of March 2020 is 25 years and the minimum age is 20 years.
Ques. If I am in my final year of graduation, can I still apply for the exam?
Ans. Yes, candidates in their final year of graduation are allowed to give the exam, condition applied, they have to submit a proof of passing their final semester/year at the time of document verification if they clear the written exam.
Ques. What is the EWS category that is being introduced?
Ans. As per the Government of India, a new category called the EWS i.e. The Economically Weaker Section is introduced. This provides 10% reservation in higher education and government jobs to those who belong to the General category but their annual income is less than 8 lakhs.
Ques. What is the salary structure of an Executive?
Ans. The salary of an Executive varies according to the years of the contract. It changes as per the year as follows: Ist Year - Rs 22000/- per month. IInd Year - Rs 24000/- per month. IIIrd Year - Rs 27000/- per month. However, an Executive is not entitled to any benefits/allowances such as House Rent Allowance, PF or any gratuity.
Ques. What are the stages of selection for the post of Executive?
Ans. There are three stages in total for the selection to the post of IDBI Executive. Stage 1 is the objective type Online Test, followed by Stage 2 which is the Document Verification and the final Stage 3 that is the Pre-recruitment Medical Test.
Ques. What is the total time duration of the online test?
Ans. The total time a candidate gets for completing the online test is 90 minutes, i.e. 1.5 hours.
Ques. Is the job of Executive on a contractual basis?
Ans. Yes, the appointment of candidates for the post will be on a contractual basis with an initial period of 1 year that may be extended up to 3 years depending on the performance of the candidate.
*The article might have information for the previous academic years, please refer the official website of the exam.