IDBI Bank invites Online applications for the recruitment of 2100 Junior Assistant Manager (JAM), Grade ‘O’, Executives – Sales and Operations (ESO) Posts. This online facility will be available in the Official website @ https://www.idbibank.in/ from 22.11.2023 to 06.12.2023. Before applying for the recruitment, candidates must carefully read the IDBI Bank Executive 2023 notification and ensure their eligibility.
IDBI Bank Recruitment 2023 [Quick Summary]
| Organization Name: | IDBI Bank Ltd |
| Notification No: | 10 /2023-24 |
| Total No of Vacancies: | 2100 Junior Assistant Manager (JAM), Grade ‘O’, Executives – Sales and Operations (ESO) Posts |
| Place of Posting: | All Over India |
| Starting Date: | 22.11.2023 |
| Last Date: | 06.12.2023 |
| Exam Date: | JAM: 31.12.2023, ESO: 30.12.2023 |
| Apply Mode: | Online |
| Official Website | https://www.idbibank.in/ |
Latest IDBI Bank Vacancy Details:
IDBI Bank Invites Applications for the Following Posts
| SI No | Name of Posts | No. of Posts |
| 1. | Junior Assistant Manager (JAM), Grade ‘O’ | 800 |
| 2. | Executives – Sales and Operations (ESO) | 1300 |
| Total | 2100 |
Eligibility Criteria:
Educational Qualification: (As on 01.11.2023)
| 1. Junior Assistant Manager (JAM), Grade ‘O’ – Bachelor’s degree with minimum 60% for General and OBC candidates (55% for SC/ST/PwBD candidates) in any discipline from a University recognized/ approved by the Government / Govt. Bodies viz., AICTE, UGC, etc. Passing only a diploma course will not be considered as qualifying the eligibility criteria. |
| 2. Executives – Sales and Operations (ESO) – A Graduate from a recognized university in any discipline from a University recognized/ approved by the Government / Govt. Bodies viz., AICTE, UGC, etc. Passing only a diploma course will not be considered as qualifying the eligibility criteria. |
Age Limit: (As on 01.11.2023)
| Minimum: 20 years Maximum: 25 years The candidate must have been born not earlier than November 2, 1998 and not later than November 1, 2003 (both dates inclusive) |
The Upper age limit is relaxed by 5 years for SC/ST; 3 years for OBC, 10 Years for Persons with Disabilities (15 years for SC/ST PWD’s & 13 years for OBC PWD’s) and for Ex-S as per Govt. of India rules. Candidates Relaxation in Upper Age limit will be provided as per Govt. Rules. Go through IDBI Bank official Notification 2023 for more reference
Career Prospects:
Junior Assistant Manager (JAM), Grade ‘O’:
a) As per extant Bank’s norms (subject to amendments from time to time), Grade “O” officers shall be considered for promotion to next cadre i.e. Grade ‘A’, on completion of 3 years of service. The same would be subject to performance, availability of vacancies, other criteria, etc. These norms shall be as per then prevalent Bank’s Promotion Policy, as amended from time to time.
b) The broad modalities of the selection process shall be decided by the Bank from time to time and would be at its sole discretion.
Executive-Sales and Operations (ESO):
The appointment of Executive will be purely 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 1 year, subject to satisfactory performance, completion of assigned mandatory e-certifications, availability of vacancies and any other criteria that Bank may decide from time of time. As per extant Bank’s norms (subject to amendments from time to time), on successful completion of a period of 2 years of contractual service, appointee shall become eligible for appointment as Junior Assistant Manager, (JAM), Grade ‘O’ in the Bank through a selection process that would be conducted by the Bank. The same would be subject to performance, availability of vacancies, other criteria, etc. These norms shall be as per then prevalent Bank’s Promotion Policy, as amended from time to time. On joining the Bank’s services as Junior Assistant Manager -JAM (Grade ‘O’), CTC would range between Rs.6.14 lakh to Rs.6.50 lakh (Class A city) at the time of joining. Appointment as Grade ‘O’ will be as per the prevailing policy of the Bank and availability of vacancy at the relevant point of time. The broad modalities of the selection process shall be decided by the Bank from time to time and would be at its sole discretion.
Emoluments:
Junior Assistant Manager (JAM), Grade ‘O’:
a) On joining the Bank’s services as Grade ‘O’, compensation on Cost to Company (CTC) basis would range between Rs.6.14 lakh to Rs.6.50 lakh (Class A city) at the time of joining.
b) Annual increment shall be granted based on performance or any other parameters as decided by the Bank from time to time.
c) The appointee would be covered under the IDBI Bank Ltd. New Pension Scheme (IBLNPS) rules, 2011, as amended / modified from time to time.
Executive-Sales and Operations (ESO):
The Executive will be paid a lump sum/fixed remuneration as under:
Rs.29,000/- per month in the first year,
Rs.31,000/- per month in the second year
The appointment is 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.
Selection Process:
IDBI Bank may follow the following process to select the candidates.
| i) Junior Assistant Manager (JAM), Grade ‘O’ – The selection process shall comprise of Online Test(OT), Document Verification (DV), Personal Interview (PI) and Pre Recruitment Medical Test (PRMT). |
| ii) Executive –Sales and Operations (ESO): The selection process shall comprise of Online Test(OT), Document Verification (DV)and Pre Recruitment Medical Test (PRMT). |
| Exam Center In Tamilnadu: Chennai, Coimbatore, Erode, Madurai, Nagercoil/Kanyakumari, Salem, Thanjavur, Thiruchirapalli, Tirunelvelli, Vellore & Virudhunagar |
| IDBI Bank Executive Syllabus & Exam Pattern: Click Here |
Application Fee:
| for SC/ST/PwBD candidates ( Only Intimation Charges) – Rs.200/- |
| for all other candidates (Application Fees and Intimation Charges) – Rs.1000/- |
| Note: The applicants shall pay the Application Fee as indicated in the Table Above through Online Payment Mode Only. |
How to Apply:
Candidate(s) fulfilling all the above clearly laid down criteria will have to apply online only through the link on the IDBI Bank website in the careers webpage under current openings section i.e. https://www.idbibank.in/ from 22.11.2023 to 06.12.2023. No other mode of application will be accepted.
Important Dates:
| Starting Date for Submission of Application | 22.11.2023 |
| Last date for Submission of Application | 06.12.2023 |
| Tentative Date of Online Test: | |
| Junior Assistant Manager (JAM), Grade ‘O’ | 31.12.2023 |
| Executive – Sales and Operations (ESO) (on Contract) | 30.12.2023 |
Official Notification & Application Link:
| IDBI Bank Official Website Career Page | Click Here |
| IDBI Bank Official Notification PDF | Click Here |
| IDBI Bank Online Application Form | Click Here |
