IDBI Bank Recruitment 2020 – Apply Online for 134 DGM, AGM, Manager & Asst Manager Posts

Industrial Development Bank of India (IDBI Bank) has published the latest recruitment notification on the official website, idbibank.in. The latest IDBI Bank notification 2020 is for the recruitment of DGM, AGM, Manager & Asst Manager. Here you will get the complete information about IDBI Bank DGM, AGM, Manager & Asst Manager Recruitment online application form 2020. You will get here full detail about the Industrial Development Bank of India (IDBI Bank) DGM, AGM, Manager & Asst Manager application procedure, important dates, application fees, age limit, qualification, number of vacancies, pay scale, and important links.

If you have any questions regarding IDBI Bank DGM, AGM, Manager & Asst Manager recruitment online application form procedure you can ask us via comment form given below.

आईडीबीआई बैंक भर्ती 2020 – 134 डीजीएम, एजीएम, प्रबंधक और सहायक प्रबंधक पदों के लिए ऑनलाइन आवेदन करें

IDBI Bank Recruitment 2020 Job Notification Details

The latest IDBI Bank notification 2020 is for the recruitment of DGM, AGM, Manager & Asst Manager. There is a total of 134 vacant posts available to apply in IDBI Bank, across India.

IDBI Bank IDBI Bank Recruitment 2020 – idbibank.in recruitment 2020
Important Dates Application Fees
Starting Date to Apply: 24/12/2020
  • SC/ ST: Rs.150/- (Intimation charges only)
  • For all others: Rs.700/- (Application fee + Intimation charges)
  • PWD: NIL
  • The payment can be made using only Debit Cards (RuPay/ Visa/ MasterCard/ Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets by providing information as asked on the screen.
Closing Date to Apply: 07/01/2021

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Vacancy Name

Name of Post No. of Post
DGM (Grade D) 11
AGM (Grade C) 52
Manager ( Grade B) 62
Assistant Manager (Grade A) 9

Pay Scale (Salary)

Name of Post Payscale
DGM (Grade D) In the scale of Rs.50030-1460(4)-55870-1650(2)-59170 (7 years)
AGM (Grade C) In the scale of Rs.42020-1310(5)-48570-1460(2)-51490 (8 years)
Manager ( Grade B) In the scale of Rs.31705-1145(1)-32850-1310(10)-45950 (12 years)
Assistant Manager (Grade A) In the scale of Rs.23700-980(7)-30560-1145(2)-32850-1310(7)-42020 (17 years)

IDBI Bank DGM, AGM, Manager & Asst Manager Recruitment 2020 Eligibility Details

Age Limit

Name of Post Age limit
DGM (Grade D) Min – 35 Yrs Max. – 45 Yrs
AGM (Grade C) Min – 28 Yrs Max. – 40 Yrs
Manager ( Grade B) Min – 25 Yrs Max. – 35 Yrs
Assistant Manager (Grade A) Min 21 yrs Max.- 28 Yrs
  • Age relaxation is applicable as per rules. We advise you to read detailed IDBI Bank job notification if you have any concerns.

Required Educational Qualification/Experience

Name of Post Qualification  
DGM (Grade D) B.E./ B.Tech. OR Any Graduation from a Recognized University.
AGM (Grade C) B.E./ B.Tech. OR Any Graduation from a Recognized University.
Manager ( Grade B) B.E./ B.Tech. OR Any Graduation from a Recognized University
Assistant Manager (Grade A) Graduation (B.E. / B.Tech) in Electronics& Telecommunications/ Computer Science/ Electronics& Electrical/ Information Technology/ Electronics & Communication OR Graduate with PostGraduation in MCA from a Recognized University

Selection Process

Most jobs require you to attend Personal Interview (PI) and/or Written Exam. IDBI Bank selection process may vary on the nature of the job, Suggest you check IDBI Bank DGM, AGM, Manager & Asst Manager Recruitment notification 2020 which is available below.

Important Links to Apply Jobs at IDBI Bank 2020

You can find all important links (Detailed IDBI Bank notification 2020, Official Website, etc.) to apply for Industrial Development Bank of India (IDBI Bank) Recruitment 2020. Before filling the online application form for IDBI Bank Recruitment 2020, We suggest interested candidates read official IDBI Bank notification before filing an application form for Industrial Development Bank of India (IDBI Bank) Recruitment 2020.

Download IDBI Bank Notification in PDF Format Click Here
Apply online Click here
Addition reference documents, if any. N/A
Official Website idbibank.in
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Quick FAQ to Apply IDBI Bank Jobs in across India

Does Maharojgar charge any fees?

Maharojgar never asks money in exchange for anything. All Sarkari Naukri, State Government Jobs, Bharti listed here are free for life.

What is Authenticity Govt Jobs, which gets published at Maharojgar?

Team Maharojgar is continuously working on getting all the latest central government jobs, state government jobs, and PSU jobs directly from respective govt websites. We are 100% sure that all Indian Government Jobs, which gets published here, is very much genuine.

Who can apply for jobs in IDBI Bank?

Any India citizen who is eligible can apply for jobs in Industrial Development Bank of India (IDBI Bank).

How to submit IDBI Bank online application form 2020?

You have to apply online.

Below are common steps to fill IDBI Bank application form 2020 online,

  1. Read detailed IDBI Bank recruitment notification 2020 (notification in PDF format is already provided on this page).
  2. Before you start to fill IDBI Bank recruitment online application form, Make sure that you are eligible as per Age, Education, etc.
  3. While registering for very first time, make sure to provide correct email ID and Mobile number.
  4. Fill IDBI Bank recruitment online application form as per education certificates or mark sheet (Link to apply online is already provided on this page).
  5. Pay application fees as per describe in IDBI Bank recruitment notification 2020 using online mode like Credit Card, Debit Card, UPI, Net Banking, etc (If, any).
  6. Note down online transaction reference number, IDBI Bank application Login details for future reference.

Below are common steps to fill IDBI Bank application form 2020 offline,

  1. Read detailed IDBI Bank recruitment notification 2020 (notification in PDF format is already provided on this page).
  2. Download IDBI Bank offline application form, other related form and take print-out of the same.
  3. Before you start to fill IDBI Bank recruitment offline application form, Make sure that you are eligible as per Age, Education, etc.
  4. After filling Industrial Development Bank of India (IDBI Bank) offline application form, bundle it with all education mark sheet, Certificates, etc. (Make sure to use xerox copy, Do not send original documents)
  5. Fill all required documents to suitable envelope, pack it well and send it to provided address.
  6. Pay application fees as per describe in IDBI Bank recruitment notification 2020 using online mode like Credit Card, Debit Card, UPI, Net Banking or DD etc and enclose transaction receipt in same envelope.
  7. Send envelope to provided IDBI Bank office address.

What is the full form of IDBI Bank in india?

Full form of IDBI Bank is Industrial Development Bank of India (IDBI Bank).

What is the last date to apply to idbibank.in recruitment 2020?

IDBI Bank last date to apply is 07/01/2021.

Application submission deadline for the IDBI Bank DGM, AGM, Manager & Asst Manager recruitment is 07/01/2021. Selection to IDBI Bank DGM, AGM, Manager & Asst Manager post will be through shortlisting and/or interview.

What is IDBI Bank DGM, AGM, Manager & Asst Manager Salary?

Salary of IDBI Bank DGM, AGM, Manager & Asst Manager post is depended on many factors like Education, Age, Prior Experience, etc. We have provided the salary of DGM, AGM, Manager & Asst Manager in IDBI Bank above in Industrial Development Bank of India (IDBI Bank) job notification.

Components of Salary in IDBI Bank

  1. Basic Pay:

    Basic pay is written in format:

    Number1 – percent – number2

    Number1 – It is the basic pay at which your salary is calculated when you are appointed.

    Number2 – It is the maximum basic pay a person can receive in a designated post.

    Percent – To compensate for inflation, an increment is added to your basic pay after a fixed period. This increment is in percent of your current basic pay and the fixed period is usually a year

  2. Grade Pay: Apart from basic pay, government employees receive grade pay which depends on the category/class of employee. The sum of basic pay and grade pay is used to calculate dearness allowance and other allowances.
  3. Dearness Allowance: The Dearness Allowance(DA) is a cost of living adjustment to allowance. It is calculated as a percentage of (Basic pay + grade pay). Dearness allowance is updated every quarter of calendar year to compensate for inflation in consumer price index. It may increase or decrease depending on inflation rate. (Decrease in DA is rare).
  4. House Rent Allowance: House rental allowance(HRA) is allowance paid for house rent. It depends city to city. Cities are classified as X, Y and Z, on the basis of their population, as recommended by Sixth Central Pay Commission in 2008. HRA is also used by the Indian Revenue Service(IRS) to provide income tax exemptions.
  5. Other miscellaneous allowances: Miscellaneous allowance(MA) includes phone allowance, shift allowance, travel allowance etc.

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What are the jobs in IDBI Bank?

Currently, IDBI Bank is hiring for DGM, AGM, Manager & Asst Manager.

How many vacancies are there in IDBI Bank?

There are totally 134 posts are available to apply jobs in IDBI Bank.

What is the difference between PSU and Government Company?

Public Sector Enterprises is a part of Public sector Undertakings.

Public Sector Undertaking or Enterprise refers to a Government Company. “Government Company” is defined under Section 2 (45) of the Companies Act, 2013 as Any company in which more or equal to 51% of the paid-up share capital is held by the Central Government, or by any State Government or Governments, or partly by the Central Government and partly by one or more State Governments, and includes a company which is a subsidiary company of such a Government company.

Public Sector Undertakings (PSUs) can be classified as (Read full list here)

  • Public Sector Enterprises (PSEs)
  • Central Public Sector Enterprises (CPSEs)
  • Public Sector Banks (PSBs)

Public Sector undertakings refer to commercial ventures of the Government where user fees are charged for services rendered. The tariff/fees may be market-based or subsidized. They are usually wholly owned and managed by the Government, such as Railways, Posts, Defence Undertakings, Banks, etc.

On the other hand, public sector enterprises refer to those companies registered under the Companies Act, 1951, which are predominantly owned by Government and managed by a Government-appointed Chairman and Managing Director.

Government nominees represent the interests of the Government on the board of Public sector enterprises. Public sector companies usually compete with private sector enterprises in the domestic as well as international market.

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