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IDBI Bank Executive

IDBI Bank Executive

Industrial Development Bank of India Executive Recruitment
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Overview

The Industrial Development Bank of India (IDBI) has officially released its recruitment notification for executive positions. This is a great opportunity for those looking to advance their careers in the banking industry. Candidates should familiarize themselves with all the information related to IDBI Executive Recruitment to efficiently prepare and achieve success in the exam.

This document will offer complete details about the exam and will be crucial in helping candidates develop an appropriate and effective study plan. The tentative exam date has also been provided along with the release of this notification. Before applying for these positions, all candidates are urged to thoroughly examine the information provided in the notification and commence their preparations accordingly.

Highlights

Particulars
 Details
Name of Exam Industrial Development Bank of India (IDBI Bank)
Name of the Exam IDBI Executive Recruitment 2023
Level of Exam National
Duration of Exam  1.5 Hours
Fees of Exam  General / OBC Candidates: INR 1000
SC / ST Candidates: INR 200
PH Candidates: INR 200
Total Number of Posts 1036
Application Mode  Online
Language of Exam  English, Hindi
Process of Selection Online Exam
Document Verification/Medical Fitness Test

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Eligibility

  • Applicants should hold a graduate degree in any field, obtained from a recognized college in India. Generally, candidates need to have scored a minimum of 60% aggregate marks, whereas candidates of SC/ST castes require a minimum of 55%.
  • Final-year students who aspire to apply and are prepared to submit to an examination can be considered. However, they will need to provide the necessary proof of their educational qualifications, specifically their graduation certificate, upon document verification
  • For age requirements, applicants must be above 20 years and not exceed 25 years of age. This means that eligible candidates should have their date of birth falling between January 1, 1994, and January 1, 1999, inclusive of both dates.
  • As for OBC (Other Backward Caste) candidates, there is a concession of 3 years in the upper age limit. Likewise, SC/ST caste candidates are afforded an upper age relaxation of 5 years.
  • Candidates with benchmark disabilities are granted an age relaxation of up to 10 years.
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Syllabus

The syllabus for the IDBI Bank recruitment exam plays a crucial role in effective and efficient preparation. It provides a roadmap to devise a fitting plan of action and strategy for covering all syllabus aspects thoroughly within the stipulated time. By identifying your strengths and weaknesses, you can adapt your preparation strategy to ensure optimal preparedness for the exam. Being well-prepared paves the way for success in the exam.

For candidates from the OBC (Other Backward Caste) category, there is an age relaxation of 3 years on the upper age limit. Meanwhile, candidates from SC/ST categories enjoy a 5-year relaxation on the upper age limit. Candidates with benchmark disabilities can benefit from an age relaxation of 10 years. Moreover, there is a 5-year age relaxation applicable for some candidates too.

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Exam Pattern

SNo.
 Sections No. of Question Total Marks Duration
1 Logical Reasoning, Data Analysis & Interpretation 60 60 120 minutes
2 English Language 40 40
3 Quantitative Aptitude 40 40
4 General/Economy/Banking Awareness/ Computer/IT 60 60
Total   200 200  
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Exam Paper

It is essential to comprehend the exam format before taking any examination. The exam format for the IDBI Executive Recruitment is listed below:

  • The examination has a 1.5-hour time limit.
  • Three components make up the exam paper.
  • There are 50 questions in the first section, Reasoning, and each one is worth one mark.
  • There are 50 questions in the Test of Working English Language, the second component, and each one is graded.
  • The third section, Quantitative Aptitude, has 50 questions total and each question is worth one mark.
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Exam Prepare

  • If you're an aspirant intending to undertake the online IDBI Executive exam, it's critical to start your preparations right away as August is already upon us. How to effectively prepare for the IDBI executive exam is the question on the minds of many candidates, and the answer is straightforward.
  • Candidates should let go of any unnerving thoughts prior to beginning their preparation, to ensure their potential is maximized during the study period.
  • There's no need to be daunted by the exam, as with structured effort and time management, it's quite feasible to pass. Don't put undue pressure on yourself to study around the clock. Instead, dedicate a few focused hours daily for exam preparation, which is more than sufficient to excel in the test.
  • Creating a well-balanced study schedule is paramount. Prioritize devoting time to evenly cover the entire syllabus to crack the IDBI Executive exam successfully.
  • It's also worth noting that not all market-available books claiming to be exam-oriented can guarantee a comprehensive preparation for the online test.
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Exam Important Date

Events 
 Date 
Opening Date June 2024
Closing Date  June 2024
Application Fees  Stay Tuned 
Exam Date  Stay Tuned 
Result Date  Stay Tuned 
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Exam Application Process

In order to successfully apply and submit the application forms, applicants should have a clear understanding of the online application process. 

  • Visit the IDBI official website.
  • Navigate to the IDBI's career section.
  • Find and choose the IDBI Executive application form.
  • Register using a legitimate registration id and mobile number, then click the submit button.
  • Login to the site with your newly created registration details.
  • Completely fill out the IDBI executive application form.
  • Attach your picture and signature in the required sections.
  • Pay the necessary application fees.
  • To complete your application, please press the 'Submit' button.
  • Make sure to print the application receipt for your records.
  • By adhering to each of the steps mentioned above, you're guaranteed a successful submission of your application forms.
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Admit Card

  • Go to the IDBI BANK official website and select the "Career with us" option located at the top right corner of the page.
  • Navigate to and click on the career column. Then choose to apply for the position you're interested in.
  • Search for and select the "click here to Apply Online" link.
  • Complete the application form, providing your personal information, address, and educational qualifications.
  • If this is your first application, you will be given a registration ID. If you have already registered, proceed with your existing registration ID.
  • Proceed to pay the required fee for the application form through debit, credit card, or online banking.
  • Upon successful payment, you will be directed to a new page.
  • Next, please proceed by uploading a digitized version of your photographic ID and signature. The accepted formats will be specified; it is important to adhere strictly to these guidelines to ensure your photo or signature is recognized and validated.
  • To finalize your application, press the "submit" button. Upon successful completion, you should print your application form and payment receipt for further processing.
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FAQ

Ques. Does an executive position at IDBI offer permanent employment?
Ans. Depending on the individual's performance and the Bank's policy, an executive at IDBI could potentially obtain permanent employment following a three-year period.

Ques. Can you provide some information on IDBI Bank?
Ans. The Industrial Development Bank of India (IDBI Bank), was founded in 1964, in accordance with an Act, with the primary objective of providing credit and other financial services for the growth and improvement of nascent Indian industries. Initially, it functioned as a subsidiary of the Reserve Bank of India (RBI), before transitioning under the purview of the Government of India (GOI).

Ques. Does the IDBI Executive Exam incorporate a penalty for incorrect answers?
Ans. Certainly, the IDBI Executive Exam incorporates a negative scoring policy. Every question bears a value of 1 mark, but for every incorrect answer, there is a reduction of 0.25 marks. It should be noted, though, unattempted questions do not result in negative markings.

Ques. Can you provide an analysis of the IDBI Executive exam?
Ans. Applicants should have a comprehensive understanding of the competition and the difficulty level of the IDBI Executive exam. Detailed information about this exam is readily accessible. Last year, the IDBI exam ranged from moderate to hard difficulty. It's crucial for applicants to evaluate the questions and focus on sections that offer more weightage to secure a competitive rank in the exam.

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