IDBI Bank Requires Executives - 500 job vacancies in 2012-2013

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Executive (on contract)

IDBI Bank Ltd., a banking company under the Companies Act, 1956, having majority share holding by Govt of India, is a leading provider of complete range of retail and corporate banking services to its clients

Recruitments in IDBI Bank are strictly on all India basis by open competition and the Bank has not hired or authorised any agency or organisation or any individual to recommend or recruit any personnel on its behalf or collect any money or commission or charges for recruitment or training or coaching, etc

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

Important Dates

Cut off date for eligibility criteria (age/educational qualification): 01st June, 2012 (upto and inclusive of 31st May, 2012)

Opening and closing of payment Gateway: 10th July, 2012 to 23rd July, 2012

Opening and closing of Gateway for submission of on-line application: 10th July, 2012 to 23rd July, 2012

Date of pre-examination training for SC/ST applicants at all centers: 27th August, 2012 to 01st September, 2012

Date of written test at all centers: 02nd September, 2012

Executive (on contract)

Vacancies: 500

Essential Qualification: A graduate from a recognized University

Age (as on 01st June, 2012): Maximum 25 years

Career: The appointment of Executive (on contract) 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, such appointees may become eligible for appointment as Assistant Manager (Grade ‘A’) in the Bank through a selection process that would be conducted by the Bank

The Executive (on contract) will be paid a lump sum/fixed remuneration

 Rs 12,000/- per month in the first year, Rs 13,500/- per month in the second year, and Rs 15,000/- per month in the third year of service

These executives shall not be entitled to draw any allowances such as DA, HRA, etc

During the contractual period, the applicants can be posted at any branch or offices of the Bank as per the discretion and requirements of the Bank

Applicants could also be posted at the Bank’s discretion, to any offices of the Bank or the departments or offices or business units of the Bank’s subsidiaries or associate institutions

The appointment being purely contractual in nature, the appointee shall not be entitled for any superannuation benefits whatsoever

It is clarified that the appointees shall not be entitled for any gratuity, provident fund or pension benefit

The contractual period of service would not be counted for any superannuation benefits, in case, the appointee is considered for appointment in the services of the Bank as a regular full time employee at a later stage

Eligibility Criteria: Applicants must be either (i) a citizen of India, or (ii) a subject of Nepal, or (iii) a subject of Bhutan, or (iv) a Tibetan refugee (who came over to India before 01st January, 1962) with the intention of permanently settling in India or (v) a person of Indian origin, who have migrated from Pakistan, Myanmar (formally Burma), Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malwai, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. Provided that applicant belonging to categories (ii), (iii), (iv) or (v) above shall be a person in whose favour a certificate of eligibility has been issued by Govt of India

The applicant, in whose case a certificate of eligibility is necessary, may be admitted to the selection process conducted by the Bank, but on final selection, the offer of appointment may be given only after the necessary eligibility certificate have been issued to him/ her by the Govt of India

As on the cut-off date, the applicants should possess a degree from a recognised University

Maximum age limit for general category applicants applying for the post is 25 years as on cut-off date

Applicants are expected to have proficiency in computers

The Bank reserves the right to raise or modify the eligibility criteria pertaining to educational qualification (including percentage of marks secured at Graduation) and/or work experience

Depending upon the requirement, Bank reserves the right to cancel or restrict or curtail or enlarge the recruitment process, if need so arises, without any further notice and without assigning any reason there for

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Age Relaxation: OBC applicants 3 years; SC/ST applicants, Ex-employees of banking institutions, whose services had to be terminated for reasons of economy or as a result of bank going into liquidation and personnel retrenched from Govt Offices after at least one year’s service and applying through Employment Exchanges, Ex-servicemen (including Emergency Commissioned Officers or Short Service Commissioned Officers) provided applicants have rendered at least five years continuous Military Service and have been released on completion of assignment (including those whose assignment is due to be completed within one year) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability or have been released on account of physical disability attributable to Military Service or on invalidment, Emergency Commissioned Officers or Short Service Commissioned Officers who have completed their initial period of assignment of five years of Military Service but whose assignment has been extended beyond five years and in whose case the Ministry of Defence issues certificates that they would be released on selection within three months from the date of receipt of offer of appointment, Applicants, who had ordinarily been domiciled in Kashmir Division of the State of Jammu and Kashmir between 1st January, 1980 and 31st December, 1989, For the Children or family members of those, who have died in the 1984 riots- 5 years; PWD (General category)-10 years, PWD (OBC category)- 13 years; PWD (SC/ST category)- 15 years

Application Fee (non-refundable application fee and postal charges): Rs 75/- (Rs seventy five only) towards postal charges is payable by the applicants belonging to the SC/ST/PwD/Ex-Servicemen categories and Rs 400/- (Rs four hundred only) towards application fee and postal charges by all other categories (General/OBC)

Applicants are required to make payment of the fee in cash at any of the branches of IDBI Bank Ltd (IDBI Bank) or State Bank of India (SBI)

Proforma of the Challans to be used for payment through IDBI or SBI are displayed on the IDBI Bank’s website

Applicants may download the Challans and approach the respective bank for making payments

Please note that the Challans would not be available in any of the branches of the banks and has to be necessarily downloaded from the Bank’s website

While the applicants paying the fee through IDBI Bank would be required to pay the stipulated fee of Rs 75/- or Rs 400/- as stated above, the applicants paying the fee through SBI would need to pay an additional amount of Rs 50/- as service charge to SBI

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 challan

Copy of the challan (applicant’s copy and Bank’s copy) duly stamped would be returned to the applicants as proof of receipt of the fee

The applicants after making payment of fee as indicated above would thereafter apply online

The applicants would be required to enter the 14 or 10 digit unique number respectively in the online application to enable them to submit their application

The payment of fee would be accepted only during the banking hours at the respective bank’s branches from 10th July, 2012 to 23rd July, 2012

The dates for payment of fee would be the same even for applicants applying from far flung areas

No other mode of payment of application fee would be acceptable

Fee once paid will not be refunded or adjusted

Even if the Bank extends the cut off date of submission of online application due to technical reasons, the valid dates, during which, the fee and postal charges payable would not undergo any change and would remain the same as mentioned above

Applicants are advised to go through the advertisement thoroughly and ensure that they fulfil all the eligibility criteria before making payment of fee and postal charges as fee once paid will not be refunded or adjusted under any circumstances

How to apply: Applicants are required to apply online through IDBI Bank’s website at

Applicants are required to have a valid personal email ID

It should be kept active during the currency of this recruitment

Under no circumstances, he/she should share/ mention email ID to/ or of any other person

In case, an applicant does not have a valid personal email ID, he/she should create his/ her new email ID before applying online

Applicants are first required to go to the website and open the link Recruitment

Thereafter, open the Recruitment Notification titled as Recruitment of Executive (on contract)-2012

Take a print of the entire Recruitment Notification, including the Fees Payment Challan

Fill in the Fee Payment Challan in a clear and legible handwriting in Block Letters

Go to the nearest Branch of IDBI Bank or State Bank of India with the fee payment challan duly filled in and pay the appropriate application fee

Obtain the counterfoil (Applicant’s copy and Bank’s copy) of the fee payment challan duly received by the Bank with (a) Branch Name and Code Number (b) Transaction ID/Journal No (c) Date of Deposit and Amount filled by the Branch official

Before applying online an applicant will be required to have a scanned (digital) image of his/her photograph and signature

Applicants are now ready to apply online by re visiting the Recruitment Page of the IDBI Bank’s website and going to the sublink online Application for Recruitment of Executive (on contract)-2012

Click on this sublink will open up the appropriate online application format

Carefully fill in the complete details in online application form indicating the necessary details from the Fee Payment Challan, scan and upload your recent photograph and signatures at the appropriate places, and submit the same online

Original counterfoil of the fee payment challan (Bank’s copy) will have to be submitted with the call letter at the time of written test by the applicants

Without counterfoil of the fee payment challan, the applicants will not be allowed to appear in the written test

Applicants are, therefore, advised to keep 3 photocopies of the fee payment challan for future use

The name of the applicant or his/ her father/ husband etc should be spelt correctly in the application as it appears in the certificates/mark sheets

Any change/ alteration found may disqualify the candidature

Applicants will be required to download the call letter from IDBI Bank’s website

Applicants will be intimated about the same by e-mail and SMS

Applicants applying for the post, after submission of the online application form shall take a print of system generated hard copy of the application form and preserve the same for submission at the time of personal interview, along with the counterfoil of the challan for payment of fee and the documents required in support of the eligibility criteria

10th/12th standard mark sheet or school leaving certificate or birth certificate (the certificate or documentary evidence issued by the competent authority for age relaxation under any other clause); all semester wise or year wise individual mark sheets; all mark sheets pertaining to improvement in the marks (if the applicants has made more than one attempt to obtain pass or improve marks of any subject in any of the semesters or years); degree or provisional pass certificate; high school (class 10th) and Intermediate (class 12th); mark sheets and passing certificates; if declared in the application form, all the documents such as experience certificate from the past and current employers or offer letters, relieving letters, pay or salary slips clearly indicating the date of joining and date of relieving for each of the past or previous employers (the experience certificate or testimonials produced by the applicants should indicate the date of joining and relieving, designation at the time of joining, date of promotion with designation, if any); copy of caste or tribe or class certificate for SC/ST/OBC category applicants; Medical certificate issued by the Competent Authority in case of PwD applicants; Photo identity certificate (PAN card or Driving Licence or passport or voters ID card); Print out of the online call letter for the written test with a recent passport size colour photograph (without dark glasses) firmly pasted at the prescribed place duly signed across by the applicant

Inability to produce any of the above mentioned documents (both original and attested copy) at the time of interview will render the applicants ineligible for the selection

The applicants who could not produce the above documents (both in original and attested copy), would not be allowed to appear for interview

Selection Process:  The selection process for the post of Executive (on contract) will comprise of a written test followed by personal interview of the applicants, who have qualified in the written test

The written test would comprise of objective type questions having three components (a) Test of Reasoning, (b) Test of Working English Language and (c) Test of Quantitative Aptitude

Questions papers for the written test, except the paper on Test of English Language, will be set in Hindi and in English

The applicants will be called for the written test based on the information provided in the online application form by them, subject to scrutiny at a later date

The applicants, who are successful in the written test, would be called for a personal interview

The number of applicants called for interview will also be at the discretion of the Bank

Applicants have the option to answer the questions during interview in Hindi or English at their option

Applicants qualifying both in the written test and personal interview shall be considered for final shortlisting

All applicants shortlisted in the interview would be referred for pre recruitment medical examination on same day or next day

Reference for medical examination does not imply final selection, which may please be noted

The final selection or offer of employment would be made based on applicant’s marks in the interview, written test, being found medically fit and subject to fulfillment of all other eligibility criteria with regard to age and qualification

Test Centre: The written test for the post of Executive (on contract) would be held at the following centers

Ahmedabad, Bhopal, Bengaluru, Bhubaneswar, Chennai, Chandigarh, Guwahati, Hyderabad, Jaipur, Kolkata, Kanpur, Kochi, Mumbai, New Delhi, Patna

Applicants admitted to the written test will be intimated the time and full address of the venue of the written test through on-line call letters call letters required to be downloaded from Bank’s website

The applicants must bring the Photo Identity at the time of the interview such as the PAN Card or Driving License (with the photograph)/ Passport/ Voter ID/UID Card

The written test for the post of Executive (on contract) would be held on 02nd September, 2012

The applicants are advised to visit the Bank’s website in the second or third week of August, 2012 to download their call letters from the Bank’s website by entering their registration number and password

The call letters for the interview for those applicants who qualify in the written test would also be issued online call letters only and applicants would have to visit the bank’s website to download the online call letter for personal interview also by entering their registration number and password

Pre Examination Training (PET): In compliance with Govt guidelines, Bank would arrange free non-residential PET for interested eligible SC/ST applicants for 6 consecutive days from 27th August, 2012 to 01st September, 2012 prior to the written test

The PET will be organized at Ahmedabad, Bhopal, Bengaluru, Bhubaneswar, Chennai, Chandigarh, Guwahati, Hyderabad, Jaipur, Kolkata, Kanpur, Kochi, Mumbai, New Delhi, Patna

The Bank has discretion to add or delete the centers in respect of PET

Applicants who desire to avail of such training may indicate the same at the appropriate place in the application format

The applicants will have to make their own arrangements for travel and stay and meet all expenses

The PET will not confer on the applicants any right of recruitment in the Bank

Details regarding the time, date and address of the venue of the PET for the interested eligible applicants would be put on the Bank’s website

Provision will be made to issue call letter online for the PET

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Applicants would have to visit the bank’s website to download the online call letter by entering their registration number and password

IDBI Bank Ltd. (A government of India undertaking), IDBI Tower, WTC complex, Cuffe parade, Colaba, Mumbai-400005

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