IDBI Bank – Recruitment of Executives (On contract) Post 2011

IDBI Bank – Recruitment of Executives (On contract) Post 2011

IDBI Bank Ltd. is a Universal Bank with its operations driven by a cutting edge core Banking IT platform. The Bank offers personalized banking & financial solutions to its clients in the retail and corporate banking sector. IDBI Bank Ltd. having majority of share holdings by government of India. As on March 31, 2010, the IDBI Bank had a network of 720 Branches and 1210 ATMs and plans to roll out another 300 branches during FY 2010-11

The Bank invites application from the eligible and suitable applicants for the following posts to be filled on contract basis at its different branches and offices.

Date of Written Test – January 23, 2011

Name of the Post: Executive (On Contract)

Essential Qualification: Graduate from a recognized university with 55% for General, OBC, and PWD (General and OBC) candidates and 50% for SC, ST and PWD (SC and ST) candidates

Age: 25 years

Vacancies: 700*


  • SC – 105
  • ST – 53
  • OBC – 189
  • VH – 10
  • OH – 11

Emoluments, Career Prospects and Service Conditions

The appointment of Executive will be on contractual basis. The contract would be initially for a period of 1 year and this may be reviewed for extension on year-to-year basis for a further period of 2 years, subject to satisfactory performance and availability of vacancies. On successful completion of a period of 3 years of contractual service, appointees may become eligible for appointment as an Assistant Manager (Grade ‘A’).

Consolidated Remuneration

  • Rs. 12,000 per month in the first year,
  • Rs. 13,500 per month in the Second year and
  • Rs. 12,000 per month in the third year of service.

Non-refundable application fee and postal charges

Rs. 75 towards postal charges for SC, ST, PWD and Ex-Servicemen candidates

Rs. 400 towards postal charges for General and OBC candidates

Note: The applicants paying the fee through SBI would need to pay an additional amount of Rs. 50 as service charge to SBI.

How to apply

On payment of the requisite fee, the concerned branch of IDBI Bank or SBI would generate a unique 14 or 10 digit code number respectively, which would be recorded on the counterfoil of the challen.

Applications shall be submitted by the on-line mode only through the Bank’s website after carefully going through all the instructions contained in the advertisement and Online Application Form. No other means or mode of application form will be accepted.

Selection Process

  • Written Test
  • Personal Interview

Important Dates

Cut-off date for eligibility criteria (Age and Educational Qualification) – November 30, 2010

Opening of payment Gateway – December 1, 2010

Closing of payment Gateway – December 15, 210

Date of Pre-recruitment training for SC and ST applicants – January 17-22, 2011

Date of Written Test – January 23, 2011



No comments yet.

Post Comment

You must be logged in to post a comment.