IDBI Assistant Manager

IDBI Assistant Manager

IDBI Assistant Manager: A Gateway to a Thriving Banking Career

The IDBI Bank recruits candidates for the post of Assistant Manager (Grade β€˜A’)/Junior Assistant Manager (JAM), Grade 'O', offering a fantastic opportunity for graduates to enter the banking sector in a managerial role. This position is a direct path to becoming an officer in one of India's prominent banks. The role involves a comprehensive training program (PGDBF), after which candidates are absorbed as Assistant Managers. It promises a dynamic work environment, a handsome salary, and a fast-tracked career growth trajectory.

Salary, Perks, and Career as an Assistant Manager

A career as an Assistant Manager in IDBI Bank is both financially rewarding and professionally enriching.

Salary and Compensation: After successful completion of the training and probation period, candidates are appointed as Assistant Manager Grade β€˜A’. The pay scale is attractive, and the initial annual CTC (Cost to Company) is in the range of β‚Ή6.14 lakh to β‚Ή6.50 lakh in Class A cities. The salary package includes basic pay, Dearness Allowance (DA), House Rent Allowance (HRA), and other perquisites as per bank rules.

Job Profile and Responsibilities: An Assistant Manager is involved in various banking operations, including customer service, credit management, and business development. It is a client-facing role that requires strong interpersonal and analytical skills.

Career Growth: IDBI Bank offers excellent career progression opportunities. Based on performance, an Assistant Manager can rise to the levels of Manager, Assistant General Manager (AGM), Deputy General Manager (DGM), and beyond. The bank has a well-defined promotion policy that ensures steady growth for deserving employees.

IDBI Assistant Manager Selection Process

The selection process for the Assistant Manager post is a two-stage process designed to select the best talent:

  • Online Test: This is a computer-based objective test with a total of 200 questions for 200 marks. The exam covers four sections: Logical Reasoning, Data Analysis & Interpretation; English Language; Quantitative Aptitude; and General/Economy/Banking Awareness/Computer/IT. The composite duration of the exam is 2 hours, and there is a negative marking of 0.25 for each wrong answer.
  • Personal Interview: Candidates who clear the online test are shortlisted for a personal interview. The interview is conducted to assess the candidate's personality, communication skills, and suitability for the managerial role. The final merit list is prepared based on the combined scores of the online test and the interview.

Key Eligibility Criteria

  • Education: A Bachelor's degree in any discipline from a recognized university with a minimum percentage of marks as specified in the notification.
  • Age Limit: The age limit is typically between 20 and 25 years. Age relaxation is provided to candidates from reserved categories.

How to Apply for the IDBI Assistant Manager Exam

The application process is conducted online through the official IDBI Bank website.

  1. Visit the Official Website: Go to the IDBI Bank's official website, www.idbibank.in, and open the "Careers" or "Current Openings" page.
  2. Find the Recruitment Advertisement: Click on the link for "Recruitment of Junior Assistant Manager (JAM), Grade β€˜O’".
  3. Register Online: Select the option "Click here for New Registration" and enter your name, contact details, and email-id. A Provisional Registration Number and Password will be generated.
  4. Fill the Application Form: Log in and carefully fill in the online application form with your personal and academic details.
  5. Upload Documents: Upload scanned copies of your photograph, signature, left thumb impression, and a handwritten declaration as per the specifications given.
  6. Fee Payment: Pay the application fee (e.g., β‚Ή1000 for General/OBC, β‚Ή200 for SC/ST/PWD) through the online payment gateway.
  7. Final Submission: Before the final submission, verify all the details in the application form. After submission, take a printout of the application form and e-receipt for your records.