If you’re interested in banking jobs, IDBI Bank’s recent Executive (Sales and Operations) recruitment for 2024-25. IDBI Bank Executive Recruitment 2024. could be a great opportunity. This article covers all the essential details you need to know, including job responsibilities, eligibility criteria, important dates, and how to apply. IDBI Bank has released Advertisement No. 09/2024-25 with a total of 1,000 vacancies, inviting candidates to apply for contractual Executive roles in sales and operations.
1. Introduction to IDBI Bank Executive Recruitment 2024
IDBI Bank Ltd. has announced recruitment for the Executive (Sales and Operations) position on a contractual basis. This role provides a unique opportunity for graduates interested in sales and customer operations within a banking environment.
2. Job Overview: IDBI Bank Executive (Sales and Operations)
The IDBI Bank Executive (Sales and Operations) position is a dynamic role, primarily focused on customer engagement and branch operations. The position is offered on a contractual basis with an initial period of one year, extendable up to two years based on the employee’s performance and bank requirements. Executives in this role are responsible for supporting IDBI’s core functions in both customer service and sales, as well as handling operational aspects in various branches.
In this role, executives will work directly with customers, helping them navigate the bank’s services, providing personalized assistance, and promoting IDBI’s financial products. They will also engage in sales activities, encouraging customers to use a range of IDBI Bank’s products and services such as savings and current accounts, loans, and investment solutions. Additionally, executives manage routine branch operations like cash handling, transaction processing, and documentation, ensuring smooth daily functioning and compliance with IDBI’s operational standards.
The job offers an excellent opportunity for recent graduates and young professionals interested in starting a career in banking. Although it is a contract position, executives with exceptional performance have the potential to transition to a Junior Assistant Manager role after successfully completing the two-year period.
IDBI Bank Executive Recruitment 2024
3. Eligibility Criteria
To be eligible for the IDBI Bank Executive (Sales and Operations) role, candidates must meet specific age, educational, and skill requirements. These criteria are crucial to ensure that applicants have the foundational knowledge and skills needed to perform effectively in the role.
Age Requirements
- Minimum Age: 20 years
- Maximum Age: 25 years
- Candidates must have been born between October 2, 1999, and October 1, 2004, inclusive.
- Age Relaxation: Upper age limits are relaxed for certain categories as per government guidelines:
- Scheduled Castes (SC)/Scheduled Tribes (ST): 5 years
- Other Backward Classes (OBC): 3 years
- Persons with Benchmark Disabilities (PwBD): 10 years
Educational Qualifications
- Minimum Qualification: A graduate degree from a recognized university in any discipline.
- Note: Diplomas or equivalent qualifications are not considered valid for this position.
- Documentation: Candidates must be able to provide original and photocopies of all relevant educational documents, including graduation certificates and mark sheets.
Computer Literacy
- Proficiency in computer skills and a basic understanding of IT operations are expected for this role, as the work involves handling digital systems and banking software.
These eligibility requirements ensure that candidates possess the foundational skills and background to succeed in the role of Executive in Sales and Operations at IDBI Bank.
IDBI Bank Executive Recruitment 2024
4. Reservation and Vacancies
For the 2024 recruitment cycle, IDBI Bank has announced a total of 1,000 vacancies for the Executive (Sales and Operations) position. These vacancies are distributed according to reservation policies to ensure fair representation of various categories, in alignment with government guidelines.
Vacancy Distribution
The available positions are divided as follows:
- Unreserved (UR): 448 vacancies
- Scheduled Tribes (ST): 94 vacancies
- Scheduled Castes (SC): 127 vacancies
- Other Backward Classes (OBC): 231 vacancies
- Economically Weaker Section (EWS): 100 vacancies
Reservations for Persons with Benchmark Disabilities (PwBD)
A specific number of seats are reserved within these categories for persons with benchmark disabilities (PwBD). The distribution includes:
- Visually Handicapped (VH): 10 vacancies
- Hearing Handicapped (HH): 10 vacancies
- Orthopedically Handicapped (OH): 10 vacancies
- Multiple Disabilities/Intellectual Disabilities (MD/ID): 10 vacancies
Key Points on Reservation
- Reservations follow government norms, providing age and application fee relaxations for reserved categories.
- The vacancies are tentative and may be adjusted based on IDBI Bank’s requirements. IDBI Bank reserves the right to increase, decrease, or modify the number of vacancies and the distribution as needed.
This vacancy and reservation system supports diversity and inclusivity in IDBI’s workforce, offering opportunities to a wide range of applicants.
IDBI Bank Executive Recruitment 2024
5.Selection Process
The selection process for the IDBI Bank Executive (Sales and Operations) position involves multiple stages to ensure that candidates possess the necessary skills and qualifications. The process includes an online test, document verification, a personal interview, and a pre-recruitment medical test.
Stage 1: Online Test
The online test is the first step of the selection process and assesses candidates’ aptitude in various areas. The test structure includes the following sections:
| Section | No. of Questions | Maximum Marks | Time Allotted |
|---|---|---|---|
| Logical Reasoning, Data Analysis & Interpretation | 60 | 60 | 40 minutes |
| English Language | 40 | 40 | 20 minutes |
| Quantitative Aptitude | 40 | 40 | 35 minutes |
| General/Economy/Banking Awareness & Computer/IT | 60 | 60 | 25 minutes |
- Total Duration: 120 minutes
- Scoring: Each section has a maximum score, and the test is scored out of 200.
- Negative Marking: A penalty of 0.25 marks will be deducted for each incorrect answer.
Candidates are required to meet minimum qualifying scores in each section, as determined by IDBI Bank. Shortlisted candidates are then eligible for the next selection steps based on their scores and overall merit.
Stage 2: Personal Interview (PI) and Document Verification (DV)
Candidates who clear the online test are shortlisted for the personal interview stage. The PI assesses candidates on communication skills, problem-solving ability, and alignment with the role’s requirements. The interview will be scored out of 100, and candidates must achieve a minimum score of 50% (45% for SC/ST/OBC/PwBD).
During this stage, candidates must also undergo document verification to confirm eligibility. Essential documents, including educational certificates, identity proof, and any reservation certificates, must be presented for verification.
Stage 3: Pre-Recruitment Medical Test (PRMT)
Candidates who pass the interview and document verification stages will undergo a medical examination to confirm they meet IDBI Bank’s health and fitness standards. Only those who pass this medical test will be considered for final selection.
Final Selection and Merit List
The final selection of candidates will be based on their combined scores from the online test and the personal interview. The formula used to determine the final score is:
- Final Score = (3/4) x Online Test Score + (1/4) x Interview Score
Candidates who rank highest in the final merit list, subject to document verification and medical fitness, will receive an offer of employment from IDBI Bank.
This rigorous selection process ensures that IDBI Bank recruits well-qualified individuals who are fit for the responsibilities of the Executive (Sales and Operations) role.
IDBI Bank Executive Recruitment 2024
6.Application Process
The application process for the IDBI Bank Executive (Sales and Operations) position is conducted entirely online. Interested candidates need to follow the steps carefully to ensure successful registration. Here’s a step-by-step guide on how to apply:
Key Dates
- Online Registration Start Date: November 7, 2024
- Last Date to Apply: November 16, 2024
- Tentative Online Test Date: December 1, 2024
Step-by-Step Guide to Apply
- Visit the Official Website
Go to the IDBI Bank Careers section on the official website (www.idbibank.in). - Click on the “Apply Online” Link
Under the “Recruitment of Executives – Sales and Operations (ESO)” heading, click the “Apply Online” link. This will open the registration portal. - Register with Personal Details
For new users, select “Click here for New Registration” and enter your name, contact information, and email ID. A Provisional Registration Number and Password will be generated. Save these credentials as they are essential for logging in and checking your application status. - Fill in the Application Form
Complete the application form by providing accurate information about your personal details, educational qualifications, work experience (if any), and category. Ensure the information matches your official documents, as discrepancies may lead to disqualification. - Upload Required Documents
Upload scanned copies of the following documents:- Passport-sized Photograph (4.5cm x 3.5cm): Size between 20kb to 50kb
- Signature: Size between 10kb to 20kb
- Left Thumb Impression: Size between 20kb to 50kb
- Handwritten Declaration: “I, [Name of the candidate], hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required.” (Size between 50kb to 100kb)
- Review and Confirm Application Details
Before submitting, use the “Preview” option to review your details. Double-check all information, as edits are not permitted after submission. - Pay the Application Fee
After finalizing the application, proceed to the payment section. Choose an online payment method to pay the application fee:- General/OBC/EWS Candidates: ₹1050 (including intimation charges)
- SC/ST/PwBD Candidates: ₹250 (intimation charges only)
- Submit the Application
After payment, submit the application form. Upon successful submission, an e-receipt and application form will be generated. Print and save a copy of these for future reference, as they are required for the selection process.
Important Tips
- Use a valid email ID and mobile number that remain active throughout the recruitment process, as important updates and call letters will be sent to these contacts.
- Ensure the uploaded documents meet the specified size and format guidelines to avoid application rejection.
- Candidates should apply only once. If multiple applications are submitted, only the most recent one will be considered valid, and fees for other applications will be forfeited.
This structured application process allows IDBI Bank to streamline candidate information and ensures a fair and accessible recruitment process for all eligible candidates.
IDBI Bank Executive Recruitment 2024
7. Application Fees
- General/OBC/EWS: ₹1050 (Application and Intimation Charges)
- SC/ST/PwBD: ₹250 (Intimation Charges Only)
Fees are non-refundable and must be paid through the online application portal.
8. Job Responsibilities
ESOs will be responsible for:
- Customer Service: Addressing queries and assisting customers with banking services.
- Sales: Promoting and selling IDBI Bank products to customers.
- Operations: Managing routine banking tasks and operations.
9. Remuneration and Contract Period
The contract is initially for 1 year with possible yearly extensions up to 2 years based on performance. Salary details are as follows:
- Year 1: ₹29,000/month
- Year 2: ₹31,000/month
This role is contractual and does not include allowances such as DA, HRA, or superannuation benefits.
10. Career Prospects
On successful completion of 2 years, ESOs may be eligible for Junior Assistant Manager (JAM), Grade ‘O’, based on performance and vacancy availability. This transition can offer an annual CTC ranging from ₹6.14 lakh to ₹6.50 lakh.
11. Medical Fitness and Verification
Selected candidates must undergo a medical fitness test as per IDBI Bank’s standards. Those found unfit will be disqualified.
12. General Instructions
- Multiple Applications: Only the latest valid application will be considered if multiple applications are submitted.
- Correct Documentation: Ensure all certificates and documents meet IDBI’s requirements.
- No Allowances for Contract Staff: ESOs on contract do not receive benefits like provident fund or gratuity.
IDBI Bank Executive Recruitment 2024
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FAQ’S
1.What is the IDBI Bank Executive (Sales and Operations) position?
The Executive (Sales and Operations) role is a contractual position focused on customer service, sales, and operational support in IDBI Bank branches. Executives assist customers, promote bank products, and ensure smooth branch operations.
2.Is the IDBI Executive position permanent?
No, this is a contractual role initially for one year, extendable up to two years based on performance. After two years, eligible executives may be considered for a Junior Assistant Manager position, subject to vacancies and performance.
3.What is the age limit for this recruitment?
Candidates must be between 20 and 25 years old. However, age relaxations apply for specific categories: 5 years for SC/ST, 3 years for OBC, and 10 years for PwBD candidates.
4.Can diploma holders apply for this position?
No, only candidates with a graduate degree from a recognized university are eligible to apply. Diploma qualifications do not meet the educational requirements.
5.What is the application fee, and how can I pay it?
The application fee is ₹1050 for General/OBC/EWS candidates and ₹250 for SC/ST/PwBD candidates. Payment can be made online through the IDBI Bank application portal using debit/credit cards, internet banking, or mobile wallets.
6.What is the selection process for the Executive role?
The selection process includes an online test, personal interview, document verification, and a pre-recruitment medical test. Candidates must qualify in each stage to move forward in the selection process.
7.How do I apply for the IDBI Executive position?
Applications are only accepted online. You can apply by visiting the IDBI Bank’s official website, filling in the application form, uploading required documents, and paying the application fee within the specified dates.
8.When is the online test scheduled?
The online test is tentatively scheduled for December 1, 2024. Candidates should regularly check the IDBI Bank website for any updates regarding test dates and locations.
9.What is the salary for the Executive (Sales and Operations) role?
Executives receive a fixed monthly salary: ₹29,000 in the first year and ₹31,000 in the second year. This is a contractual position without additional allowances or benefits like HRA or DA.
10.Can I edit my application after submission?
No, once submitted, the application cannot be edited. It is important to review all details carefully before submission to avoid errors.
