ADVERTISEMENT NO. 1/2022-23 Recruitment of Executives (on Contract)and Admissions to IDBI Bank PGDBF 2022-23
Last Date for submission of ONLINE APPLICATION and PAYMENT OF FEE is June 17, 2022
PLEASE READ THE FOLLOWING INSTRUCTIONS CAREFULLY BEFORE FILLING UP THE
ONLINE APPLICATION AND REMITTING THE FEE/CHARGES (Non-Refundable)
IDBI Bank Ltd., hereafter referred to as ‘the Bank’ invites online applications from eligible candidates for
the post of Executives (on contract) and for Admission to IDBI Bank PGDBF 2022-23 for absorption as
Assistant Manager, Grade- ‘A’, hereafter referred to as the ‘Recruitment Process’. The above recruitments will be
strictly on all India basis as per the selection process enumerated hereunder.
Note- Candidates are strictly advised to apply only for one of the posts, after ensuring their eligibility as per the
criteria given for the respective post. Please note that multiple applications are liable to be rejected and
fees/charges, if paid is non-refundable.
A. Vacancy
Name of Posts by
Total
Number
of
Vacancy#
Reserved for
Unreserved
(UR) SC ST OBC EWS VI HI OH MD/ID
Executives (on Contract) 1044 418 175 79 268 104 10 11 10 10
Admissions to IDBI Bank
PGDBF 2022-23 for
absorption as Assistant
Manager, Grade ‘A’
500 200 121 28 101 50 05 05 05 05
#The number of vacancies mentioned above is provisional and can be modified/ cancelled at the sole discretion of
the Bank. The Bank also reserves the right to shortlist candidates and consider these shortlisted candidates for future
requirements. Offer Letter/Letter of Admission (LoA) may be issued in phases as per the Bank's requirement. Ni
B. Crucial Date for the Recruitment Process
S. No. Activity Date
1. Cut-off date for eligibility criteria of Age & Qualification April 1, 2022
2. Online Registration (only)
June 03, 2022 to June 17, 2022
3. Payment of Application Fee/ Intimation Charges – (Online
mode only)
4. Tentative Date of Online Test*
Executive (on contract) July 09, 2022
Admission to IDBI Bank PGBDF 2022-23 July 23, 2022
*Any modification in the Date of the Online Test shall be updated on the Bank’s website only and individual
mails/ communications shall not be sent to the applicants.
C. Eligibility Criteria (as on April 1, 2022)
Parameter Executives (on Contract) IDBI Bank PGDBF 2022-23
Age
Minimum: 20 years
Maximum: 25 years
The candidate must have been
born not earlier than April 2,
1997 and not later than April
1, 2002 (both dates inclusive)
Minimum: 21 years
Maximum: 28 years
The candidate must have been born not
earlier than April 2, 1994 and not later
than April 1, 2001 (both dates inclusive)
Education Qualification
Graduate in any discipline from a University recognized by the Govt.
of India OR any equivalent qualification recognized as such by the
Central Government. Passing only a diploma course will not be
considered as qualifying the eligibility criteria.
D. Specific information/ instructions for
1. Executives on Contract:
(i) Emoluments, Career Prospects and Service Conditions
The appointment of Executive will be p u r e l y on contractual basis. The contract would be initially
for a period of 1 year and may be reviewed for extension on year-to-year basis for a further period of 2
years, subject to satisfactory performance, completion of assigned mandatory e-certifications, availability of
vacancies at the relevant point of time and any other criteria. On successful completion of a period of 3 years of
contractual service, such appointees shall become eligible for appointment as Assistant Manager (Grade A)
in the Bank through a selection process that would be conducted by the Bank. Appointment as Grade A will
be as per the prevailing policy of the Bank and availability of vacancy at the relevant point of time. The Executive
will be paid a lump sum/fixed remuneration as given below:
Consolidated
remuneration
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.
Note-
(a) In addition to the above, the Bank would also be contributing to the NPS account of the Executives as per norms.
(b) During the contractual period, the appointee can be posted at any branch or departments or offices or
business units of the Bank or its subsidiaries or associate institutions as per the discretion and/or
requirement of the Bank.
( c ) The appointment being purely contractual in nature, the appointee shall not be entitled to draw any
allowances such as DA, HRA, etc. nor be entitled for any superannuation benefits, gratuity and provident
fund or any benefits whatsoever.
( d ) The contractual period of service would not be counted for any seniority/superannuation/ terminal
benefits, continuation of employment etc., in case, the appointee is considered for appointment in the
services of the Bank as a regular full time employee at a later stage. However, the appointee would
be covered under the IDBI Bank Ltd. New Pension Scheme (IBLNPS).
2. Admissions to IDBI Bank PGDBF 2022-23 for absorption as Assistant Manager:
(i) The Bank has an arrangement with Manipal Global Education Services Private Limited (Manipal), Bengaluru
and Nitte Education International Private Limited (Nitte), Greater Noida to provide training in Banking and
Finance to prospective candidates aspiring to join the Bank as Assistant Manager Grade ‘A’. Currently the 1
year Post Graduate Diploma in Banking and Finance (PGDBF) comprises of 9 months of classroom studies at
campus and 3 months of internship at the Bank’s branches or offices. However, bank reserves the right to alter
the timelines as noted above based on business requirement, industry standards etc. After successful
completion of the course, the candidates will be awarded PGDBF certificate and will be inducted into the Bank
as Assistant Manager Grade ‘A’ subject to fulfillment of eligibility criteria as stated in this advertisement.
(ii) Bank shall endeavor to induct candidates from the Western and Southern Zones through Manipal, Bengaluru
and candidates from the Eastern and Northern Zones through Nitte, Greater Noida. The allotment of candidates
to Manipal or Nitte will be done by the Bank on basis of the State of domicile declared in the Online
Application form on best effort basis, but subject to availability of seats and/or discretion of the Bank.
Southern and Western Zones Northern and Eastern Zones
(Manipal, Bengaluru) (Nitte, Greater Noida)
Zone States Zone States
Ahmedabad Gujarat, Dadra & Nagar Haveli and
Daman & Diu Bhopal Madhya Pradesh
Bengaluru Kerala & Karnataka Bhubaneswar Chhattisgarh & Odisha
Chennai Tamil Nadu, Puducherry, Andaman
& Nicobar Chandigarh
Chandigarh, Haryana, Himachal
Pradesh, Jammu & Kashmir, Ladakh
(U.T.) & Punjab
Hyderabad Telangana and Andhra Pradesh Kolkata
Arunachal Pradesh, Assam,
Manipur, Meghalaya, Mizoram,
Nagaland, Sikkim, Tripura & West
Bengal
Mumbai Maharashtra (Mumbai, Thane &
Nashik) Lucknow Uttar Pradesh & Uttarakhand
Nagpur
Maharashtra (Ahmednagar,
Aurangabad, Jalgaon, Nagpur &
Solapur)
New Delhi Delhi (UT - NCT), Haryana,
Rajasthan & Uttar Pradesh
Pune Maharashtra (Pune, Satara,
Kolhapur) & Goa Patna Bihar & Jharkhand
(iii) Programme Fees
Programme fees for this course will be Rs.3,50,000/- (Rs. Three Lakh Fifty Thousand only) plus GST, as
applicable, to be paid by the students in lump sum or in installments as per a fixed schedule during the one year
programme. The said fee is inclusive of course fees, lodging, boarding and other charges, etc.
Eligibility Criteria
1. Nationality / Citizenship
Candidates must be either (a) a citizen of India, or (b) a subject of Nepal, or (c) a subject
of Bhutan, or (d) a Tibetan refugee (who came over to India before 1st January 1962) with the intention of
permanently settling in India or (e) a person of Indian origin, who have migrated from Pakistan, Myanmar
(formally Burma), Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania
(formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of
permanently settling in India, provided that a candidate belonging to categories (b), (c), (d) or (e) above shall
be a person in whose favour a certificate of eligibility has been issued by Government of India. The candidate,
in whose case a certificate of eligibility is necessary, may be admitted to the selection process conducted by
the Bank, but on final selection, the offer of appointment may be given only after the necessary eligibility
certificate have been issued to him/ her by the Government of India.
2. Relaxation of Upper Age limit
Sr.
No.
Category
Maximum
Age
relaxation
1 Scheduled Caste/Scheduled Tribe 5 years
2 Other Backward Classes Non-Creamy Layer (NCL) 3 years
3
Persons With Benchmark Disabilities as defined under “The Rights of Persons with
Disabilities Act, 2016 ”
10 years
4
Ex-Servicemen, Commissioned Officers including Emergency Commissioned
Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered
at least 5 years military service and have been released on completion of assignment
(including those whose assignment is due to be completed within one year from the
last date of receipt of application) otherwise than by way of dismissal or discharge on
account of misconduct or inefficiency or physical disability attributable to military
service or invalidment.
5 years
5 Persons affected by 1984 riots 5 years
Educational Qualifications
i. Graduate in any discipline from a University recognized by the Govt. of India OR any equivalent
qualification recognized as such by the Central Government. Passing only a diploma course will not be
considered as qualifying the eligibility criteria.
ii. The candidate must possess valid Mark-sheets (year/semester wise or consolidated) and Degree/
Provisional Degree Certificate issued by the University showing that he/ she is a graduate as on April 01,
2022 before registration. The date mentioned on the final year/ semester mark-sheet or Degree/ Provisional
degree certificate issued by University will be reckoned as the date of passing the graduation. In case the result
of a particular examination is posted on the website of the University / Institute and web based certificate is
issued then proper document/certificate in original issued and signed by the appropriate authority of the
University / Institute indicating the date of passing properly mentioned thereon will be reckoned for verification
and further process. Candidates must therefore possess proper mark sheets and certificates before registering.
iii. Computer Literacy: Operating and working knowledge of computer is mandatory i.e. candidates should
have Certificate/Diploma/Degree in computer operations/Language/ should have studied Computer /
Information Technology as one of the subjects in the High School/College/Institut
G. How to apply
Candidates can apply through Online only, from June 03, 2022 to June 17, 2022 both dates inclusive. Application
in any other mode will not be accepted.
1. Before applying, candidates should
(i) Have a valid personal email-id and mobile number, which should be kept active till the completion of
Recruitment Process. The Bank may send call letters for the examination and/ or other information to theregistered email-id/ mobile number. In case of non-receipt of the communication/information due to technical
defect, error or failure, the Bank shall not be responsible for the same. Candidates are advised not to change their
email-id/ mobile number till the recruitment process is completed.
(ii) Scan photograph, thumb impression, hand written declaration and signature as per specifications as
given under g uidelines at (Annexure I).
The text for the hand written declaration is as follows –
“I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application
form is correct, true and valid. I will present the supporting documents as and when required.”
The signature, left thumb impression, the hand written declaration should be of the candidate and not of any other
person.
If at a later stage of selection process or appointment, the signature/ thumb impression/ the handwriting on the
handwritten declaration of the candidate is found to be dissimilar / different as per Bank’s opinion and/or expert
analysis, the candidature of the candidate will be cancelled.
Signature / Hand written declaration in CAPITAL LETTERS shall NOT be accepted.
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