IDBI JAM Jobs: 500 Junior Assistant Manager Posts in IDBI Bank
IDBI has taken up the recruitment process of 500 Junior Assistant Managers in various zones across the country. A notification has been issued to this effect. Industrial Development Bank of India (IDBI) will fill these posts through Post Graduate Diploma in Banking and Finance (PGDBF) course in association with Manipal (Bangalore) and Nitte (Greater Noida) educational institutions.
The selected candidates will be trained at PGDBF for one year (6 months of classroom lessons, 2 months of internship, 4 months of on-the-job training) in the Banking and Finance department. Successful completion of the course will get the job of Junior Assistant Manager (Grade-O) along with PGDBF certificate.
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Zones: Ahmedabad, Bhopal, Bangalore, Chennai, Hyderabad, Mumbai, Nagpur, Pune, Bhubaneswar, Patna, Chandigarh, Delhi, Kolkata, Lucknow.
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* Junior Assistant Manager (Grade-O): 500
Posts :
- UR- 203,
- SC- 75,
- ST- 37,
- EW- 50,
- OBC- 135
Eligibility: Degree passed from any recognized University.
Age should be between 21 to 25 years as on 31/01/2024. Maximum age relaxation is given to SC/STs by 5 years, OBCs by 3 years and Divyangs by 10 years.
Selection Process: Online test will be conducted for eligible candidates. Merited candidates will be eligible for Personal Interviews. The final selection will be made based on merit, examination of certificates and medical examination.
Application Procedure: Candidates have to apply online. SC/ST/PWD candidates have to pay Rs.200 and others Rs.1000.
Exam Centers in Telugu States: Vijayawada, Visakhapatnam, Cheerala, Chittoor, Eluru, Guntur, Kadapa, Kakinada, Kurnool, Nellore, Ongole, Rajahmundry, Srikakulam, Tirupati, Vijayanagar, Hyderabad, Karinnagar, Khammam, Warangal .
Written Test: The test will be conducted for a total of 200 marks. It has four sections.. Logical Reasoning, Data Analysis, Interpretation (60 Questions, 60 Marks), English Language (40 Questions, 40 Marks), Quantitative Aptitude (40 Questions, 40 Marks), General/ Economy/ Banking Awareness (60 Questions, 60 Marks) Total 200 questions will come from the topics. The time will be two hours. There are credit marks in the exam. A deduction of 0.25 marks will be made for each wrongly marked answer.
Training and Fee Details: Selected candidates will be admitted to Post Graduate Diploma in Banking and Finance (PGDBF) course for one year. At that time candidates will have to pay Rs.3,00,000 as course fee. There is flexibility to pay the fee in installments as prescribed by the bank. IDBI Bank will also grant scholarships to eligible candidates. Candidates have to submit three years service bond while joining the course.
Salaries: Selected candidates will be paid Rs.5000 per month during the training period (6 months). 15 thousand per month will be paid during the internship (2 months). Those who have successfully completed the training and joined the job will get an annual salary of Rs.6.14 to Rs.6.50 lakh.
Important Dates…
Online Registration/ Online Application Start: 12-02-2024.
Last date for submission of online application: 26.02.2024.
Last Date of Fee Payment: 26.02.2024.
Online Exam Date: 17-03-2024.
