IDBI Junior Assistant Manager

IDBI Junior Assistant Manager: A Gateway to a Managerial Career

The IDBI Junior Assistant Manager (JAM) recruitment is a prime opportunity for graduates to embark on a managerial career in the banking sector. Conducted by the Industrial Development Bank of India (IDBI), this role is a Grade 'O' position that offers a direct entry into the officer cadre. Unlike contractual roles, this is a permanent position that comes with extensive training, a competitive salary, and a clear path for career progression, making it one of the most attractive entry-level banking jobs.

Salary, Training, and Career Growth

The IDBI JAM role is known for its structured training program and excellent remuneration.

Training and Stipend: Selected candidates undergo a training program that includes a 6-month training period with a stipend of ₹5,000 per month, followed by a 2-month internship with a stipend of ₹15,000 per month. [1]

Salary Package: Upon successful completion of the training and joining as a Junior Assistant Manager (Grade 'O'), the Cost to Company (CTC) is in the range of ₹6.14 lakh to ₹6.50 lakh per annum in a Class A city. The position also includes annual increments based on performance. [13]

Career Progression: A Junior Assistant Manager is on a probation period of one year. After successful completion, they are confirmed in service. They are eligible for promotion to Assistant Manager (Grade 'A') after completing 3 years of service, subject to performance and availability of vacancies, ensuring steady career growth. [13]

IDBI Junior Assistant Manager Selection Process

The selection for the JAM position is a comprehensive two-stage process designed to select the most suitable candidates.

• Online Test: The first stage is a computer-based online test. It consists of 200 objective-type questions covering Logical Reasoning, Data Analysis & Interpretation, English Language, Quantitative Aptitude, and General/Economy/Banking Awareness/Computer/IT. [1]
• Personal Interview: Candidates who qualify in the online test are shortlisted for a personal interview. The interview assesses the candidate's personality, communication skills, and domain knowledge. The final merit list is prepared based on the combined scores of the online test and the interview. [14]

Key Eligibility Criteria

• Education: A Bachelor's degree from a recognized university with a minimum of 60% marks (55% for SC/ST/PwBD) is required. [13]
• Age Limit: The age limit is generally between 20 and 25 years, with applicable relaxations for reserved categories. [13]

How to Apply for IDBI Junior Assistant Manager

The application process for IDBI JAM is conducted online through the bank's official website.

1. Visit the Official Website: Go to the IDBI Bank website (www.idbibank.in) and click on the "CAREERS/CURRENT OPENINGS" section. [32]
2. Find the Recruitment Link: Open the link for "Recruitment of Junior Assistant Manager (JAM)" and click on "APPLY ONLINE". [32]
3. New Registration: Click on "Click here for New Registration" and enter your basic details like name, contact number, and email ID to generate a provisional registration number and password. [32]
4. Fill the Application Form: Log in and fill out the application form with all the necessary details. Use the "SAVE AND NEXT" feature to verify your details before final submission. [32]
5. Upload Documents: Upload scanned copies of your photograph, signature, left thumb impression, and a handwritten declaration as per the specified guidelines. [13]
6. Pay the Fee: Pay the application fee online. The fee is typically ₹1050 for General/OBC candidates and ₹250 for SC/ST/PwD candidates. [1]
7. Submit and Print: After payment, submit the form and take a printout of the e-receipt and the application form for your records. [13]