IDBI Executive

IDBI Executive: Your Stepping Stone into the Banking World

The IDBI Executive role is a unique opportunity for graduates to enter the banking sector on a contractual basis. Conducted by the Industrial Development Bank of India (IDBI), this recruitment drive selects candidates for Executive - Sales and Operations (ESO) positions. While it is a contractual appointment, it serves as an excellent platform to gain valuable banking experience. Successful completion of the contract period opens up pathways for permanent appointment as an Assistant Manager (Grade 'A') in the bank, making it a strategic career move for many aspirants.

Salary, Job Profile, and Career Path

The IDBI Executive role offers a fixed remuneration and a clear path for career advancement.

Consolidated Salary: The position offers a fixed monthly salary. For the first year, the remuneration is ₹29,000 per month, and for the second year, it is ₹31,000 per month. [11, 12] It's important to note that as a contractual role, allowances like DA and HRA are not included. [11]

Job Profile: The role of an Executive involves both customer-facing and operational duties. Responsibilities include handling customer queries, cash management, processing transactions, and assisting in sales of banking products. It provides a comprehensive experience of front-office and back-office banking functions. [12]

Career Growth: After successfully completing the 3-year contractual period, Executives become eligible for appointment as Assistant Manager (Grade 'A') in IDBI Bank. This is subject to their performance and clearing the internal selection process, providing a direct route to a permanent officer-level position in the bank. [12]

IDBI Executive Selection Process

The selection process for an IDBI Executive is straightforward and primarily based on a single online test.

• Online Test: This is a computer-based examination consisting of 200 multiple-choice questions. The test evaluates candidates on Logical Reasoning, Data Analysis & Interpretation, English Language, Quantitative Aptitude, and General/Economy/Banking Awareness/Computer/IT. [3]
• Document Verification & Medical Test: Candidates who qualify in the online test are called for document verification and a pre-recruitment medical examination to ensure they meet the required eligibility and fitness standards. [9]

Key Eligibility Criteria

• Education: A graduate from a recognized university in any discipline is eligible to apply. [3]
• Age Limit: The age limit is typically between 20 and 25 years, with relaxations for reserved categories as per government norms. [3]
• Computer Literacy: Proficiency in computer operations is expected. [3]

How to Apply for the IDBI Executive Exam

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

1. Visit the Official Website: Go to the IDBI Bank website (www.idbibank.in) and navigate to the "Careers" or "Current Openings" section. [3]
2. Find the Notification: Click on the notification for "Recruitment of Executive - Sales and Operations (ESO)".
3. Register Online: Click on "Apply Online" and complete the registration by providing your basic details to get a registration number and password. [3]
4. Fill the Application Form: Log in and fill out the application form with your personal, educational, and contact details.
5. Upload Documents: Upload scanned copies of your photograph, signature, thumb impression, and a handwritten declaration as per the specified dimensions and size. [3]
6. Pay the Application Fee: Pay the application fee online. The fee is typically ₹1000 for general candidates and ₹200 for SC/ST/PWD candidates. [9]
7. Submit and Print: After successful payment, submit the application form and take a printout for your records. [3]