For the purpose of filling 1036 Executive positions on a contract basis, the IDBI Bank has released the IDBI Executive Recruitment 2023 announcement. The contract would initially be in place for a year, with the possibility of an additional two-year extension on a year-to-year basis. The candidates will be eligible for appointment as Assistant Managers (Grade A) in the Bank through a selection procedure that will be performed by the Bank in accordance with the vacancies available at the relevant point in time after successfully completing a period of three years of contractual service.
Important dates
| Event | Date |
| Date of Notification | 24/05/2023 |
| Starting Date of Online Application | 24/05/2023 |
| Last Date of Online Application | 07/06/2023 |
Salary
Candidates hired as executives at IDBI Bank will receive a consolidated salary of ₹ 29,000/month for the first year of employment, ₹ 31,000/month for the second year, and ₹ 34,000/month for the third. In addition to the aforementioned, they will be protected by the IDBI Bank Ltd. New Pension Scheme (IBLNPS).
Vacancy
| Category | Vacancy |
| UR | 451 |
| SC | 160 |
| ST | 67 |
| OBC | 255 |
| EWS | 103 |
| Total | 1036 |
Educational qualification
For consideration for the position of Executive at IDBI Bank, a candidate must have graduated from a university or institution that is recognised by the government.
Age Limit
The IDBI has set a minimum age requirement of 20 years and a maximum age of 25 years for executive positions (as of 01.05.2023). According to government regulations, candidates from different reserved categories will have their upper age limit relaxed.
Application Fees
Each applicant must pay a fee of Rs. 1000 as application fees. However, candidates who fall under the SC, ST, or PWD categories would only be required to pay a ₹ 200 Application fee.
