IDBI Executive Notification 2024, Vacancy, Eligibility Criteria, Selection Process

The notification for the post of Executive will be released officially by the Industrial Development Bank of India most probably by the last quarter of 2024. Candidates who are seeking a job as Executive in IDBI will be able to apply by visiting the official website at https://idbibank.in/.

IDBI Executive Notification 2024

Candidates who want to be appointed as Executive in IDBI need to know that the notification for recruitment is not yet released by the Industrial Development Bank of India, but there is a high speculation that it may be made public in October or November 2024. Once it is released officially, a direct link to apply will be also activated inside the table above.

Country India
Organization IDBI (Industrial Development Bank of India)
Post Name Executive
Vacancies Expected around 1000 positions
Eligibility Criteria Bachelor’s degree with 55% aggregate (50% for SC/ST/PWD)

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Age: 20-25 years

Application Fee ₹1000 (General) & ₹200 (SC/ST/PWD)
Apply Date Expected: October-November 2024
Exam Date Anticipated: First quarter of 2025
Selection Process Written Exam (Online), Document Verification (In-person)
Official Website https://idbibank.in/

The application form for recruitment of Executive in IDBI will be available for four weeks shortly after the release of the notification. To apply online, an aspirant will have to provide details, attach documents and make fee payment. Only those candidates’ applications will be accepted, who will have provided all the details and documents correctly.

IDBI Executive Vacancy 2024

IDBI hasn’t yet disclosed the number of vacancies for the post of Executive, but there is high speculation that it is likely to be around 1000 positions for various categories. Candidates need to know that last year, there were a total number of 1300 vacancies, you may check the reservation details from below.

  • General – 558
  • Scheduled Caste – 200
  • Scheduled Tribes – 86
  • Other Backward Class – 326
  • Economically Weaker Section – 130

Once the advertisement for recruitment of Executive is released officially by the Industrial Development Bank of India, we will update the details above.

IDBI Executive Eligibility Criteria 2024

Eligibility criteria for the post of Executive in Industrial Development Bank of India in terms of educational qualification and age limit is available below.

  • Educational Qualification: A candidate must have pursued a Bachelor’s degree from a recognised institution or university with 55% aggregate, minimum requirement SC/ST/PWD is only 50%.
  • Age Limit: One age must not be below 20 and above 25 years, there will be upper age relaxation for 3 years for OBC (NCL) and 5 years for SC/ST.

Before applying for recruitment as an Executive in IDBI, a candidate is highly recommended to download the notification brochure to check the eligibility criteria thoroughly.

IDBI Executive Application Fee 2024

To apply for recruitment as an Executive in Industrial Development Bank of India, a candidate will have to pay ₹1000 using one of the provided payment gateway by the deadline of fee submission. Those who belong to Scheduled Caste, Scheduled Tribes or Physically Handicapped, have to make payment of ₹200/-.

IDBI Executive Selection Process 2024

The selection process for the post of Executive in the Industrial Development Bank of India consists of two stages, which are Written Exam and Document Verification. Check the listed points to get more details regarding it.

Written Exam:

  • Mode: Online
  • Duration: 120 minutes
  • Questions: 200 MCQs
  • Marks: 200
  • Sections:
    1. Logical Reasoning, Data Analysis & Interpretation
    2. English Language
    3. Quantitative Aptitude
    4. General/Economy/Banking Awareness/ Computer/IT
  • Marking Scheme: +1 for correct, -0.25 for incorrect
  • Medium: English

Document Verification:

  • Mode: In-person 
  • Marks: Qualifying 
  • Duration: Around 15 Minutes 

Candidates who will apply for recruitment of Executive in IDBI wil be called for the Computer Based Test mode, which will be followed by the Documentation.

IDBI Executive Exam Date 2024

Exam date for the post of Executive is not yet confirmed officially by the Industrial Development Bank of India, it is highly anticipated to take place by the first quarter of 2025. Candidates who are eagerly waiting for release of the notification are hereby notified that after the release notification, we will also update the details above it inside the table above.

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