IDBI Recruitment Notification 2023

The IDBI recruitment process is a very important annual recruitment in the private banking sector of India. IDBI or the Industrial Development Bank of India conducts an online examination for recruiting new employees in various posts of the bank. The list of vacancies varies from year to year, in 2022, 650 managers and 600 assistant managers were selected through this recruitment drive.

The IDBI bank recruitment 2023 details are mentioned below, which may be referred to for candidates interested in applying for the upcoming 2023 examination.

IDBI is among the many Public Sector Banks in the country that invite applications to appoint officers and clerks in the banking sector. A major section for candidates opt for a career in this industry and can check the details about the various bank exams at the linked article.

Kickstart your IDBI and other banking sector examinations preparation now and complement it with the links given below:

IDBI Recruitment Examination

The examination pattern for 2023 IDBI recruitment process for executive manager consists of three sections-

  • Quantitative Aptitude
  • Reasoning, and
  • English

Each section consists of 50 questions, totalling 50 marks on each section. So, the candidates will be answering 150 questions across three sections and be allocated 90 minutes to finish their papers.

However, for assistant managers, there are four sections, totalling 200 questions of 200 marks. They are:

Section Total Questions Total Marks
Logical Reasoning 60 60
English 40 40
Quantitative Aptitude 40 40
General Economy 60 60

The IDBI Recruitment Process Details

The recruitment process consists of the aspirants appearing for the online examination at their respective exam centres, which is followed by the candidate document verification and medical test. The selected candidates from this process will be recruited on a 3-year contract at various posts and branches across the country.

How to Apply for IDBI Recruitment?

Aspiring candidates can opt for the IDBI bank recruitment 2023 apply online process by following these simple steps:

  • Candidates should visit the official website idbibank.in and click on “Careers”.
  • On the “Current Openings” option, they should click the notification which reads “Recruitment of Executives/ Assistants on Contract- 2023”.
  • Click “apply online”, and you will be redirected.
  • Candidates should enter their personal and educational details in the form and pay the fee.
  • The next step is to submit the application.

It is recommended that the candidates download the application and the payment receipt for future reference.

2023 Notification for Recruitment in IDBI

The recruitment details for the 2023 IDBI Executive recruitment have not yet been released. Still, the important dates mentioned in the IDBI bank recruitment 2021 notification for can help aspirants get a good idea of when the examination can be held.

  • IDBI Executive Exam Dates (2021)
    Events Date
    Cut-off date for eligibility criteria (Age & Qualification ) July 01, 2021
    Online Registration August 04, 2021 to August 18, 

    2021

    Payment of Application Fee/ Intimation Charges – 

    Online

    August 04, 2021 to August 18, 

    2021

    Date of Online Test at all centers September 05, 2021

Other IDBI recruitment related links for candidate’s reference:

IDBI Assistant Manager Admit Card IDBI Executive Result

IDBI Recruitment Eligibility Criteria

The eligibility criteria for candidates appearing for the 2023 recruitment process include:

  • The age of the candidate should be between 20 and 25 years, with the relaxation of the upper age limit for SC/ST candidates (5 years), OBC candidates (3 years), PWD candidates (10 years) and so on.
  • The candidate should have obtained a graduation degree from any recognised institution with at least 55 per cent marks for general candidates and 50 per cent for SC/ ST and PWD candidates.

Syllabus of the IDBI Bank Exam

The syllabus for the 2023 recruitment has not been released yet, but candidates are advised to refer to the syllabus of IDBI recruitment 2021 to start preparing for the upcoming examination well beforehand.

Section Executive Assistant
Reasoning Verbal and Non-verbal reasoning Seating arrangement, puzzle, order and ranking, blood relation, etc.
Numerical ability Number system, time and work, profit and loss, HCF- LCM, etc. Number system, Average, Mensuration, Time and Work, etc.
English Synonyms, Antonyms, Vocabulary, Idioms, etc. Para jumble. Sentence correction, error spotting, etc.
General Awareness Current affairs, banking, currencies, Awards, etc.

Aspiring candidates should keep these points in their minds and prepare accordingly for the recruitment. Power to you!

Furthermore, candidates can look for assistance with the latest exam updates, study material and preparation tips at BYJU’S.

Other Related Links
Upcoming Bank Exams 2023 RBI Exams
SBI Exams IBPS
Bank Exam Syllabus Bank PO

Frequently Asked Questions on IDBI Recruitment

Q1

What is the salary of an executive officer at IDBI bank?

An executive officer earns a monthly salary of nearly 29,000 INR in the first year. The salary increases in the 2nd and 3rd year. It reaches around 31,000 INR/month and 34,000 INR/month, respectively.

Q2

How will the marks of the exam be calculated?

Candidates will be rewarded 1 mark for every correct answer. For every incorrect answer, 0.25 marks will be deducted.

Q3

What is the application fee for the exam?

For SC/ST and PWD candidates, the fee is 200 INR. For other category candidates, the fee is 1,000 INR.

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