IDBI Assistant Manager Recruitment 2019 Official Notification – Apply Now
IDBI Bank has finally released the Assistant Manager Recruitment and Notification 2019. Total number of posts is 500. Candidates can apply for the IDBI bank recruitment from official website of Industrial Development Bank of India (IDBI).
As of January 2019 IDBI bank has been acquired by LIC and LIC now holds the status of promoter in the Bank, although LIC holds 51% stake the government of India holds 44% stake in IDBI hence making the total stake below 51% so now IDBI BANK as categories lies as PRIVATE SECTOR BANK. This bank was constituted under Industrial Development Bank of India Act, 1964 as a Development Financial institution (DFI) and came into being as on 1 Jul 1964 via GOI notification dated 22nd Jun 1964. Title of IDBI Bank is ‘Bank Aisa Dost Jaisa‘. Rakesh Sharma is current CEO of IDBI Bank.
IDBI Recruitment Notification 2019
IDBI Bank Assistant Manager Recruitment 2019 : Important Dates
| Activity | Dates |
| Online Application Begin | 29 Mar 2019 |
| Last Date to apply online | 15 Apr 2019 |
| Last Date to pay Fees | 15 Apr 2019 |
| Admit Card Download | May 2019 |
| Exam Date | 17 May 2019 |
| Result | Jun |
IDBI Bank Assistant Manager Vacancy 2019
| Category | Vacancy |
| General | 228 |
| SC | 75 |
| ST | 37 |
| OBC | 135 |
| EWS | 25 |
| PwD | 15 |
| Total Vacancy | 500 |
IDBI Bank Assistant Manager Application Fees
| Category | Fees |
| General, OBC | Rs. 700 |
| SC/ ST/ PwD | Rs. 150 |
IDBI Bank Assistant Manager Eligibility Criteria
Aspirants must read the eligibility criteria before applying for IDBI Bank AM post. Applicable eligibility criteria standard are given below.
IDBI Bank Assistant Manager Age Limit
- Minimum Age of the aspirants should be 21 years and maximum age limit is 28 years as on 1st Mar 2019 for applying the AM post of IDBI Bank.
- This indicates that candidates must not have been born earlier than 2nd Mar 1991 and not later than 1st Mar 1998 (both dates are inclusive).
IDBI Bank Assistant Manager Age Relaxation
There is some age relaxation in upper age limit.
| Category | Age Relaxation |
| SC/ ST | 5 yrs |
| OBC (Non-Creamy Layer) | 3 yrs |
| PwD | 10 yrs |
| EXSM, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military | 5 yrs |
| Persons ordinarily domiciled in the State of Jammu & Kashmir during the period 01.01.1980 to 31.12.1989 service or invalidment. | 5 yrs |
| Persons affected by 1984 riots | 5 yrs |
IDBI Bank Assistant Manager Education Qualification
- An aspirants must have a graduate degree from a recognized university or any equivalent qualification recognized university or any equivalent qualification recognized as such by Central Govt with a minimum qualification of 60% marks. It is 55% for SC/ST/ PwD category candidates.
- Cut off (Fixed) date is 1st Mar 2019 for education qualification eligibility.
- Candidates must have a valid marksheet/degree certificate of graduation with prescribed mark percentage while applying online for it.
- Candidates who are in the final year of graduation/semester can also apply in one condition that they will have to produce proof of having passed the graduation exam on or before 15 Apr 2019 if called for interview.
- Candidates must have good proficiency in computers.
IDBI Bank Assistant Manager Apply Online
- Go to the official website of IDBI Bank.
- Click career link given on home page.
- Now search for apply link of recruitment 2019 of assistant manager.
- Start new registration and fill all the required details and upload your scanned photograph and signature.
- Submit it carefully and check all details before submitting finally. Now do the payments and save the registration number for using in future.
IDBI Bank Assistant Manager Salary
Salary of IDBI Bank Assistant Manager is Rs. 14,400 per month as basic salary. AM (Assistant Manager) also gets the applicable allowances.
IDBI Bank Assistant Manager Selection Procedure
IDBI Bank AM selection process is comprise of two steps (i) Online Test (ii) Personal interview who have qualified first phase (test).
IDBI Bank Assistant Manager Exam Pattern 2019
Online test is composite time of 2 hours.
| Test Name | No. of Qs | Max. Marks |
| Logical Reasoning, Data Analysis & Interpretation | 60 | 60 |
| English Language | 40 | 40 |
| Quantitative Aptitude | 40 | 40 |
| General/ Economy/ Banking Awareness | 60 | 60 |
| Total | 200 | 200 |
IDBI Bank Assistant Manager Exam Negative Marking
There will be a penalty for giving a wrong answer, 1/4th of the assigned marks to that question will be deducted as penalty from total obtained marks.
If any question is blank means no answer is given by candidates, there will be no penalty for that question.
IDBI Bank Assistant Manager Syllabus 2019
Below is given four section syllabus for online test.
IDBI Bank Assistant Manager Reasoning
Topics for IDBI Bank AM reasoning are given as
- Input Output Machine
- Data Sufficiency (2 or 3 statements)
- Syllogism
- Inequality
- Logical Reasoning (Effect & Cause, Statement & Argument etc.)
- Puzzle
- Seating Arrangement
- Miscellaneous (Direction based problems, Blood relations, order and ranking, alphanumeric series etc.)
IDBI Bank Assistant Manager English Language
Topics for English section are given below –
- Reading Comprehension
- Para Jumbles
- Spotting Errors
- Sentence Improvement/ Correction
- Sentence Formation
- Sentence Rearrangement
- Sentence Connectors
- Double fillers
- Phrase Replacement
- Match the columns – sentences in column 1 have to match with sentences in column 2 to form a meaningful sentence.
IDBI Bank Assistant Manager Quantitative Aptitude
Topics for IDBI Bank AM Quantitative Aptitude are as –
- Number Series
- Simplification/ Approximation
- Arithmetic topics (Average, Profit & Loss, Time & Work, Time & Distance, Ratio & Proportion, Problem on Ages, Simple & Compound Interest, Probability etc)
- Quadratic Equation
- Comparison between two quantities
- Data Interpretation
IDBI Bank Assistant Manager General Awareness
Some topics for IDBI Bank AM GA/ Banking/ Economy are given below.
- Current Affairs of past 4-5 months.
- News related to Insurance sectors
- History of LIC and IDBI
- latest Appointments, Obituaries, Award & Functions etc.
- Static G.K (List of Dams, National Parks, Wildlife Sanctuaries etc.)
All the best for your upcoming exam!
Read more articles….