IDBI Recruitment 2024 Monthly Salary Upto 1,20,940

IDBI Recruitment 2024

IDBI Bank is conducting recruitment for various positions including Deputy General Manager, Assistant General Manager, and Manager, totaling 31 vacancies. Applicants must submit their applications online, ensuring eligibility and paying the specified fees which are non-refundable. The application window opens on July 1, 2024, and closes on July 15, 2024. Candidates are advised to apply for only one position, as multiple applications will be rejected.

No of Vacancies

Educational Qualification and Experience

• Chartered Accountant (CA)/ ICWA/ MBA (Finance)
• Minimum 10 years of BFSI experience, with at least 7 years in relevant roles.
• Alternatively, minimum 7 years of BFSI experience, with 4 years in relevant roles.
• Or minimum 4 years of BFSI experience, with 2 years in relevant roles.
• B.Tech/ BE/ BCA/ B.Sc. (IT)
• Specializations: IT, Electronics & Communications, Software Engineering, Electronics & Electrical, Electronics, Computer Science, Digital Banking.
• Additional qualifications: Certified Information Systems Auditor (CISA), M.Sc. (IT/ Computer Science), MCA, M.Tech, M.E.
• Preferred certifications: Certified Information Security Manager (CISM), Certified in Risk and Information Systems Control (CRISC), Certified Information Systems Security Professional (CISSP).
• MBA (Finance/ Marketing/ IT/ Digital Banking)
• Combined with B.Tech/ BE in IT/ Electronics/ Computer Science or equivalent.
• Experience in Digital Banking & Emerging Payments within BFSI/ Fin-Tech/ IT Services/ PSUs/ Government sectors preferred.
• Graduate in any discipline
• Graduate in B.Sc. Mathematics/ Statistics/ B.Tech
• Preference for candidates with Masters/ Post Graduate in M.Sc. Mathematics/ Statistics.

Pay Scale

• Deputy General Manager, Grade ‘D’: Rs. 102300-2980(4)-114220-3360(2)-120940 (7 years) Gross emolument for metro cities will be Rs. 190000/- per month (approx.)
• Assistant General Manager, Grade ‘C’: Rs. 85920-2680(5)-99320-2980(2)-105280 (8 years) Gross emolument for metro cities will be Rs.157000/- per month (approx.)
• Manager – Grade ‘B’: Rs. 64820-2340(1)-67160-2680 (10)-93960 (12 years) Gross emolument for metro cities will be Rs. 119000/- per month (approx.)

Place of Posting

• Upon initial appointment, all candidates will undergo a probationary period of 1 year from the Date of Joining, which may be extended as per the Bank’s discretion.
• Candidates may be assigned to various offices, branches, departments, or business units of the Bank or its associate institutions, as determined by the Bank.
• Additionally, candidates may be transferred to locations within or outside India, based on the Bank’s regulations.
• Candidates joining the Bank will be subject to the prevailing Service, Conduct Rules & Policies of the Bank, which may be revised periodically.

Selection Procedure

• Preliminary Screening: Candidates’ eligibility criteria such as age, educational qualifications, and work experience as declared in the application form will be initially screened.
• Provisional Candidature: Candidates’ candidature will be provisional until verification of original documents.
• Bank’s Rights: The Bank reserves the right to change (cancel/ modify/ add) selection criteria, methods, and provisional selection. The decision will consider the number of vacancies and the Bank’s requirements.
• Shortlisting: Based on qualifications, experience, and overall suitability, a limited number of candidates will be shortlisted for the selection process.
• Selection Process: Candidates shortlisted will undergo Group Discussion and/or Personal Interview (PI). Merely meeting eligibility criteria does not guarantee selection process participation.
• Notification: Shortlisted candidates will be notified of the selection process details (venue, time, date) through the Bank’s website and/or registered email/SMS.
• Change Requests: Requests for changes in selection process details (center/date/time) will not be entertained. The Bank reserves the right to change/add/cancel dates, times, and venues as deemed necessary, with notifications provided on the Bank’s website.

Application Fee

• Non-Withdrawal of Application and Fee: Once an application is submitted, it cannot be withdrawn, and the fee paid will not be refunded under any circumstances. The fee cannot be reserved for future selection processes.
• Candidate Responsibility: Candidates must ensure their eligibility before making payment and submitting their application online.
• Fee Structure:
• SC/ST candidates: Rs.200/- (Intimation charges only) including GST.
• General, EWS & OBC candidates: Rs.1000/- (Application fee + Intimation charges) including GST.
• Transaction charges for online payment of application fees/intimation charges are to be borne by the candidate.
• Online Application: Once an online application is registered, it cannot be withdrawn, and the application fee/intimation charges paid will not be refunded.

How to Apply

• Candidates are required to apply Online through website (Careers). No other means/ mode of application will be accepted.
• Candidates are required to have a valid personal Email ID and Mobile number.
• It should be kept active till completion of this recruitment process. Bank may notify through the registered Email ID. In case, a candidate does not have a valid personal email ID, he/ she should create his/ her new email ID before applying Online
• The candidate’s identity will be verified with respect to his/ her details on the call letter, in the Attendance List and requisite documents submitted.
• If identity of the candidate is in doubt the candidate may not be allowed to appear for the selection process. Ration Card will not be accepted as valid id proof
• Start Date of Online Registration & Payment of Application Fee/ Intimation Charges – Online : July 01, 2024
• Last Date of Online Registration & Payment of Application Fee/ Intimation Charges – Online : July 15, 2024
• Candidates are strictly advised to apply only for one of the notified position, after ensuring their eligibility as per the criteria for the respective post.
• Please note that multiple applications by the same candidate (for one/all/any position) will be rejected out rightly without assigning any reason and fees/charges, if paid would be non-refundable.

Official Notification