IDBI Bank Recruitment 2024: The Industrial Development Bank of India (IDBI) has posted the 56 Assistant General Manager, Manager notice on its official website at https://www.idbibank.in/. The notification for the recruitment of 56 applicants for the positions of Assistant General Manager, Manager was published on 01-09-2024. Candidates interested in the job role of Assistant General Manager (AGM) - Grade C, Manager - Grade B can apply online from 01-09-2024 to 15-09-2024. Candidates for IDBI Bank Recruitment 2024 must be between the ages of 28-40 Years.
Candidates with Graduate, Post-Graduate or its equivalent of a recognized University are eligible to apply for this job. Candidates can refer to the Industrial Development Bank of India (IDBI) Job Vacancy Notification for information on the eligibility criteria, educational qualifications, salary structure, age restriction, how to apply, important event dates, and application form. The chosen applicants for the aforementioned role would be paid between Rs.64820-157000/- per month.
Job Notice Summary for IDBI
| Organization | Industrial Development Bank of India (IDBI) |
| Job Category | Govt Jobs |
| Job Role | Assistant General Manager (AGM) - Grade C, Manager - Grade B |
| Qualification | Graduate, Post-Graduate |
| Total Vacancy | 56 |
| Job Location | Across India |
| Salary | >Rs.64820-157000/- |
| Apply Mode | Online |
| Official Website | https://www.idbibank.in/ |
IDBI Job Vacancy
According to the official IDBI Bank Recruitment 2024 announcement, there is an opening for the role of Assistant General Manager (AGM) - Grade C, Manager - Grade B. There are 56 openings for the aforementioned post.
| Post | Unreserved (UR) | Reserved for | Vacancy | |||
| SC | ST | OBC | EWS | |||
| Assistant General Manager (AGM) – Grade C | 13 | 6 | 2 | 7 | 3 | 25 |
| Manager – Grade B | 10 | 3 | 3 | 7 | 2 | 31 |
| Total | 23 | 9 | 5 | 14 | 5 | 56 |
IDBI Job Eligibility criteria
Educational qualifications
According to the official IDBI notice, the applicant must have earned their Graduate, Post-Graduate from a recognized institution or board.
| Sr. No. |
Functional Area | Grade | Educational Qualification | Experience |
| 1 | Mid/ Large Corporate Group/ Structured Retail Assets/ Credit Solution Center/ Retail Banking etc. | Assistant General Manager (Grade C) | Post-Graduate degree from any University recognized by Govt. of India or its regulatory bodies.
Additional qualifications like JAIIB/CAIIB/MBA shall be preferred. |
Minimum 7 years of experience as an officer or equivalent in Corporate Finance/ Corporate Credit/ Retail Credit (functions viz. Sanction/ Credit Monitoring/ credit appraisal, credit administration/ operations, credit risk, Branch Head having credit experience etc.) in Scheduled Commercial Banks (as defined under RBI Act).
Out of above, minimum 4 years’ experience of Corporate/ Retail finance in the areas viz. credit sourcing & appraisal of large ticket size loans, documentation, credit administration/operations, credit risk, Credit recovery etc. |
| 2 | Mid/ Large Corporate Group/ Structured Retail Assets/ Credit Solution Center/ Retail Banking etc. | Manager (Grade B) | Graduation from any University recognized by Govt. of India or its regulatory bodies.
Additional qualifications like JAIIB/CAIIB/MBA would be preferred. |
Minimum 4 years of experience as an Officer or equivalent in Corporate Finance/ Corporate Credit (Credit functions viz. Sanction/ Credit Monitoring/ credit appraisal, credit administration/ operations, credit risk, etc.) in Scheduled Commercial Banks as defined under RBI Act.
Out of above, minimum 2 years’ experience of Corporate / retail finance in the areas of credit sourcing & appraisal of large ticket size loans, documentation, credit administration /operations, credit risk, Credit recovery etc. |
Age Limit
According to the official notice of IDBI Bank Recruitment 2024, the minimum and maximum age restriction for applying for this specific opportunity is 28-40 years.
| Post | Age |
| Assistant General Manager, Grade ‘C’ | Minimum: 28 years
Maximum: 40 years A candidate must have been born not earlier than 02.08.1984 and not later than 01.08.1996. (both dates inclusive) |
| Manager – Grade ‘B’ | Minimum: 25 years
Maximum: 35 years A candidate must have been born not earlier than 02.08.1989 and not later than 01.08.1999. (both dates inclusive) |
IDBI Notification PDF Download
Candidates can download the official IDBI Bank Recruitment 2024 Notification PDF, which was issued on 01-09-2024. Also, before filling out the application form, candidates should read this section carefully. A link to vital information regarding IDBI Bank Recruitment 2024 is provided below.
Salary for IDBI Recruitment
According to the official IDBI Bank Recruitment 2024 announcement, those chosen for the aforementioned position would receive a monthly salary ranging from Rs.64820-157000/-.
| Post | Current Pay scale |
| Assistant General Manager, Grade ‘C’ | ₹85920-2680(5)-99320-2980(2)-105280 (8 years)
Gross emolument for metro cities will be ₹157000/- per month (approx.) |
| Manager – Grade ‘B’ | ₹64820-2340(1)-67160-2680 (10)-93960 (12 years)
Gross emolument for metro cities will be ₹119000/- per month (approx.) |
Selection Process for IDBI Notice
- Candidates will be Selected as per their performance in Preliminary Screening, Group Discussion & Personal Interview.
IDBI Career Application Fees
| Category of Applicant | Application Fee |
| SC/ST | Rs.200/- (Intimation charges only) including GST |
| General, EWS & OBC | Rs.1000/- (Application fee + Intimation charges) including GST |
How to Apply for IDBI Job ?
- Before submitting the online application form, the candidates must ensure that they fulfill all the eligibility criteria with respect to age, educational qualifications, experience, etc. as stated in this advertisement. If the candidates are not eligible, their candidature will be cancelled at any stage of the recruitment. If the candidate qualifies in the selection process and subsequently it is found that he or she does not fulfill the eligibility criteria, his or her candidature will be cancelled and if appointed, services would be terminated without any notice or compensation.
- Applications should be submitted only by the on-line mode through IDBI Bank’s website, after carefully going through all the instructions contained in General Instructions given in the advertisement and in the Online Application Form. No other means or mode of application form would be accepted.
Apply Online Link for IDBI Job
The Industrial Development Bank of India opened the online application window for IDBI Bank Recruitment 2024 on 01-09-2024. Eligible candidates, as described in the IDBI Bank Recruitment 2024 Notification, can register until 15-09-2024. You can access the IDBI Bank Recruitment 2024 Application Form online through the link provided below.
IDBI Job Important Dates
- Starting Date of Application: 01-09-2024
- Last Date to Apply: 15-09-2024
