IDBI Executive Application Link Active on 22nd November 2023! Earlier, IDBI Executive Notification 2024 was out on 21st November ​2023 (under Advt No.10 /2023-24)! The Industrial Development Bank of India has released the official notification for recruitment of IDBI Executive – Sales and Operations (ESO) (on Contract). Candidates can apply online from 22nd November to 6th December 2023. The selection of the candidates will be done on the basis of an Online Test(OT), Document Verification (DV) and Pre Recruitment Medical Test (PRMT). This is a great opportunity for Graduates. Check the important dates, selection process, and other details of the IDBI Executive Recruitment in this article.

• The IDBI Executive Recruitment is on a contract basis
• The selection process comprises an Online Test, Document Verification, and Pre Recruitment Medical Test.
• Candidates should be between the age group of 20 to 25 years.
• The consolidated pay for the appointed candidates will be INR 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.

IDBI Executive Latest Updates

21st November 2023 : IDBI Executive Notification Out!

The Industrial Development Bank of India has released the official notification for recruitment of IDBI Executive – Sales and Operations (ESO) (on Contract). Candidates can apply online from 22nd November to 6th December 2023. The selection of the candidates will be done on the basis of an Online Test(OT), Document Verification (DV) and Pre Recruitment Medical Test (PRMT). 

11th July 2023: IDBI Executive Result Announced

The IDBI Bank has declared the IDBI Executive Result for the online examination conducted on 2nd July 2023. The link to download the same has been provided above. Candidates can also check the IDBI Executive Cut Off from the PDF given below.

Download IDBI Executive Cut Off PDF

23rd June 2023: IDBI Executive Admit Card Released! 

The Industrial Development Bank of India (IDBI) Bank has released the official admit card for the IDBI Executive exam to be held on 2nd July 2023 tentatively. Candidates can download their call letter using the direct link below. 

Direct Link to Download IDBI Executive Admit Card

IDBI Executive Recruitment 2024 - Vacancy

The IDBI Bank had announced a total of 1036 vacancies for the post of Executive in the previous recruitment cycle. The IDBI Executive Vacancies for the 2024 cycle are 1300 posts. The category-wise IDBI Bank Executive Vacancy details for the 2023 & 2024 cycle are presented in the following table for candidates' reference -

IDBI Executive Recruitment 2024 - Apply Online

The applications for the IDBI Executive Recruitment 2024 must be submitted online. The steps to complete the IDBI Executive Application Process are given below for your reference.

Direct Link to Apply Online for IDBI Executive Recruitment

OR

Step 1: Visit the IDBI Bank Current Openings page.

Step 2: Click the link to apply for the IDBI Bank Executive Recruitment process.

Step 3: Click on New Registration. Provide the required details and complete the registration. You will be provided with a Registration Id and Password.

Step 4: Fill out the application form and upload the required documents, such as a photograph and signature. If you have difficulty resizing your documents, use the Testbook Photo Cropping Tool.

Step 5: Verify the entered details and pay the application fee.

Step 6: Submit the Application Form.

IDBI Executive Application Fees 2024 

The candidate has to pay a certain amount of fee while filling out the application form for the IDBI Executive Examination. The details of the application fee are given below.

IDBI Bank Executive Recruitment 2024 - Selection Process

Candidates must understand the IDBI Executive selection process to perform well in the exam. The selection process will include the following:

• Online Test
• Document Verification
• Pre-Recruitment Medical Test

IDBI Bank Executive Recruitment Process 2024 - Eligibility Criteria

The applicants must meet the required eligibility criteria to avoid disqualification from the IDBI Executive Recruitment 2024. The detailed IDBI Executive Eligibility Criteria is mentioned below for your reference.

IDBI Executive Educational Qualification

• The candidate should possess a graduate degree in any discipline or equivalent qualification from a recognised institute.
• Passing only a diploma course will not be considered as qualifying the eligibility criteria.

IDBI Executive Age Limit

The candidates who are applying for IDBI Executive Recruitment 2024 should not be more than 25 years old and also not less than 20 years of age, i.e., the candidate must have been born

• Not earlier than May 2, 1998,
• Not later than May 1, 2003 (both dates inclusive).

The age relaxation allowed is as follows:

IDBI Executive Syllabus 2024

The IDBI Executive Syllabus includes Reasoning, English Language, Quantitative Aptitude, and General/Economy/Banking Awareness/Computer/IT. The topic-wise syllabus for the IDBI Executive Exam is indicated below.

Logical Reasoning, Data Analysis & Interpretation

• Seating Arrangement
• Data Sufficiency
• Input-Output
• Syllogism
• Logical Reasoning
• Puzzles
• Graphs and Charts
• Miscellaneous - Blood Relations, Direction-based problems, order and ranking, alphanumeric series, etc.
• Inequality

English Language Syllabus

• Spotting Errors
• Reading Comprehension
• Para Jumbles
• Sentence Formation
• Sentence Improvement/ Correction
• Cloze Test
• Active/Passive Voice
• Errors Spotting
• Tenses
• Verb
• Vocabulary
• Grammar
• Fill in the blanks
• Reading Comprehension

Quantitative Aptitude Syllabus

• Number Series
• Quadratic Equations
• Miscellaneous Topics
• Data Interpretation
• Simplification / Approximation
• Ratio & Proportion
• Percentage
• Probability
• Profit & Loss
• Average
• Time & Distance

General/Economy/Banking Awareness/ Computer/IT Syllabus

• General Knowledge
• Current Affairs
• Banking Awareness
• Currencies
• Important Places
• Books and Authors
• Prime Minister Schemes
• Important Days
• Headquarters
• Awards
• Basics of Computer

Get IDBI Executive Previous Year Papers here.

IDBI Executive Exam Pattern 2024

Candidates preparing for the exam, can go through the IDBI Executive Exam Pattern indicated below to understand the marking scheme, type of questions, and other details for the exam.

• All the tests except the English Language will be bilingual in nature.
• There is a negative marking of 0.25 marks will be deducted for every wrong answer.
• No marks will be deducted for an un-attempted question.
• Candidates must qualify in each of the four tests by securing cut-off marks as decided by the Bank.

IDBI Executive Salary

The candidates will be on a contractual basis for one year, which will be reviewed for an extension on a year-to-year basis for 2 years. This is subject to satisfactory performance, vacancies, and completion of e-learning certifications. On completion of the 3 years of contractual service, the candidates will be eligible for an appointment as Assistant Manager- Grade A.

The IDBI Executive will be paid fixed remuneration as mentioned below:

• 1st year: Rs.29,000/- per month
• 2nd year: Rs.31,000/- per month
• 3rd year: Rs.34,000/- per month

Note: Executives are not entitled to draw any allowances such as DA, HRA, etc.

Check out Details about IDBI Executive Salary Job Profile

We hope you found this article on IDBI Bank Executive Recruitment informative and helpful. You can also download our Testbook App, which is free and start preparing for the IDBI Executive Exam 2024 and any competitive examination by taking the mock tests before the final exam and getting an extra edge of confidence to crack the examination.