IDBI JAM Jobs 2024: If you want to work in a bank, then this news is going to be important for you. A recruitment notification has been issued by IDBI Bank. According to which recruitment will be done on bumper posts in the institute. The application process for this campaign has started from today. For which candidates can apply by visiting the official site. The last date to apply for this campaign has been fixed as 26 February 2024.

Through this recruitment drive, recruitment will be done on 500 posts in the bank. These include the posts of Junior Assistant Manager (JAM). The examination for recruitment to these posts will be conducted on March 17.

IDBI JAM Jobs 2024: This is the essential educational qualification
According to the notification, candidates applying for IDBI Bank Junior Assistant Manager Recruitment should be graduate in any discipline from any recognized institute.

IDBI JAM Jobs 2024: Age Limit

The age of the candidates applying should be between 20 years to 25 years. Whereas reserved category candidates applying will be given relaxation in the maximum age limit.

IDBI JAM Jobs 2024: This much application fee will have to be paid
To apply for this recruitment drive, candidates will have to pay a fee. For the campaign, candidates will have to pay a fee of Rs 1,000 as application fee. SC, ST and disabled candidates will have to pay a fee of Rs 200 for the campaign. Candidates can pay the application fee for the campaign in online mode.

IDBI JAM Jobs 2024: Apply like this

Step 1: To apply candidates visit the official site idbibank.in

Step 2: After this, click on the career link on the candidate homepage

Step 3: Then candidates click on Current Openings

Step 4: Now candidates click on Recruitment for IDBI-PGDBF 2024-25

Step 5: Now candidates click on New Registration

Step 6: After this the candidates register themselves

Step 7: Now candidates fill the application form

Step 8: Then candidates upload the required documents

Step 9: After this candidates pay the application fee

Step 10: Now Candidates Submit Application

Step 11: Then candidates download the application form and take a print out

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Under this recruitment process of IDBI, a total of 86 posts will be filled. The last date to fill the online application form for these posts is December 25, 2023. If you also want to work in a bank and have not yet applied for these posts, then you can apply by reading the things given below.

How much is the application form in IDBI

Candidates who belong to General/OBC/EWS category will have to pay Rs 1000 as application fee. Whereas SC/ST category candidates will have to pay a fee of Rs 200.

There will be restoration on these posts in IDBI:

Deputy General Manager Grade ‘D’ – 1 post
Assistant General Manager Grade ‘C’ – 39 posts
Manager – 46 posts
Total number of posts – 86 posts

Age limit to apply in IDBI:

• The age limit for the posts to be filled under IDBI is different. Post wise age limit can be seen below.
• Deputy General Manager Grade ‘D’ – Candidates minimum age should be 35 years and maximum age should be 40 years.
• Assistant General Manager Grade ‘C’- The minimum age for these posts is 28 years and maximum 40 years.
• Manager- For the posts of Manager, the minimum age should be 25 years and maximum age should be 35 years.

Salary you will get on selection:

Deputy General Manager Grade ‘D’ – approximately Rs 1,55,000 per month
Assistant General Manager Grade ‘C’ – approximately Rs 1,28,000 per month
Manager – approximately Rs 98,000 per month

See application link and notification here

Link to apply for IDBI Recruitment 2023
IDBI Recruitment 2023 Notification

How will the selection be done?

First the applications will be shortlisted and selective candidates will be called for further processing. This will include processes like personal interview, group discussion. The candidate will be informed about this. Keep checking the website for updates.

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Candidates who are willing to apply for this vacancy should visit the official website of the bank idbibank.in. But will have to visit. IDBI Bank has invited applications for the posts of Specialist Cadre Officer. From here you will also get all the details related to recruitment.

Recruitment is to be held on Specialist Cadre Officer posts in IDBI Bank. The registration link for applying for these posts will be opened from 9th December 2023.
The last date for filling the application form and depositing the fee is 25th December 2023.

Vacancy Details:

A total of 89 posts will be appointed through this recruitment drive in IDBI Bank. These include the posts of Assistant General Manager, Deputy General Manager, Manager. This recruitment process has been conducted for different grades. As far as qualifications are concerned, the eligibility to apply for these posts is according to the post and varies. For detailed information about each post, check the recruitment notice given on the website.

Qualification and Age Limit:

Candidates applying for Specialist Cadre Officer posts in IDBI Bank must have graduation degree from a recognized university. Candidates between 28 to 40 years of age can apply for these various posts. At the same time, the age limit for Deputy Manager has been kept at 35 to 45 years.

Application Fee:

General category candidates applying for Specialist Cadre Officer posts will have to pay an application fee of Rs 1,000. Whereas, SC, ST candidates will have to pay an application fee of Rs 200.

This much salary will be given

Deputy Manager Grade D – Rs 1, 55,000 lakhs,
Assistant General Manager Grade C – Rs 1,28,000 lakhs,
Manager Grade B – Rs 98,000 lakhs.

This is how the selection will be done

Under the selection process, first of all the applications will be shortlisted. In this, selective candidates will be called for further process like personal interview, group discussion. Candidates will be informed about this.

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LIC Disinvestment Plan in IDBI Bank: IDBI Bank’s promoter Life Insurance Corporation of India has given a big statement regarding selling its stake in the bank. The insurance company has said that LIC wants to retain some of its stake in IDBI Bank to take advantage of the bank-insurance business. Speaking to PTI, LIC Chairman Siddharth Mohanty said that LIC does not want to sell its entire stake at present.

IDBI Bank is necessary for bank-insurance business-

LIC Chairman said that IDBI Bank is an important partner of the bank-insurance business of Life Insurance Corporation of India. In such a situation, LIC wants to retain some of its stake in the bank in future also so that the bank remains an important part of its bank-insurance business.

What is bank-insurance business?

It is noteworthy that through bank-insurance business, insurance products are sold through banks. In such a situation, IDBI Bank plays an important role in saving the products of LIC. It is worth noting that the government has been preparing to sell stake in IDBI Bank in collaboration with LIC for a long time. Government’s stake in this bank is 45 percent and LIC’s stake is 49.24 percent. The government wants to sell 60.70 percent of its stake in LIC under the disinvestment plan.

When will the disinvestment process be completed?

Giving major information on the process of disinvestment, Tuhin Kant Pandey, Secretary of DIPAM i.e. Department of Investment and Public Asset Monetization, had said that the process of disinvestment of the government and LIC in IDBI Bank can be completed by March 2024. In the year 2019, LIC became a subsidiary of IDBI Bank, but in 2020, after LIC’s stake increased to 49.24, it became a subsidiary of the bank.

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According to the notification issued by IDBI Bank, there are 2100 vacancies for Junior Assistant and Executive posts in the bank. In this, there are 800 vacancies for the post of Junior Assistant Manager and 1300 vacancies for the post of Executive (Sales and Operation). Online forms for recruitment in IDBI Bank will be filled from 22nd November to 6th December.

According to the recruitment notification, the examination for the post of Junior Assistant Manager will be held on 31 December and for the post of Executive Sales and Operations on 30 December. It has been said that if there is any change in the date of examination, its information will be given by issuing a notification on the IDBI website.

Qualification for recruitment in IDBI

Junior Assistant Manager: Bachelor degree with at least 60% marks. SC/ST/PwBD must have passed with at least 55 percent marks.

Executive-Sales and Operations: Must be graduate in any discipline.

Age limit and work experience

There should also be work experience of minimum 20 years and maximum 25 years. Candidates should not have been born before 2 November 1998 and after 1 November 2003.

Salary

Junior Assistant Manager: CTC will be between 6.14 lakh to 6.50 lakh (Class A city).

Executive-Sales & Operations: Rs.29,000/- per month for first year. Rs 31,000/- per month in the second year

Selection Process

Junior Assistant Manager and Executive: Online Test, Document Verification, Personal Interview and Pre Recruitment Medical Test.

IDBI Bank Recruitment Notification 2023

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According to the notification issued by IDBI Bank, there are 2100 vacancies for Junior Assistant and Executive posts in the bank. In this, there are 800 vacancies for the post of Junior Assistant Manager and 1300 vacancies for the post of Executive (Sales and Operation). Online forms for recruitment in IDBI Bank will be filled from 22nd November to 6th December.

According to the recruitment notification, the examination for the post of Junior Assistant Manager will be held on 31 December and for the post of Executive Sales and Operations on 30 December. It has been said that if there is any change in the date of examination, its information will be given by issuing a notification on the IDBI website.

Qualification for recruitment in IDBI

Junior Assistant Manager: Bachelor degree with at least 60% marks. SC/ST/PwBD must have passed with at least 55 percent marks.

Executive-Sales and Operations: Must be graduate in any discipline.

Age limit and work experience

There should also be work experience of minimum 20 years and maximum 25 years. Candidates should not have been born before 2 November 1998 and after 1 November 2003.

Salary

Junior Assistant Manager: CTC will be between 6.14 lakh to 6.50 lakh (Class A city).

Executive-Sales & Operations: Rs.29,000/- per month for first year. Rs 31,000/- per month in the second year

Selection Process

Junior Assistant Manager and Executive: Online Test, Document Verification, Personal Interview and Pre Recruitment Medical Test.

IDBI Bank Recruitment Notification 2023

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First of all, if we talk about Canara Bank, then the bank has launched a special FD scheme plan, whose time period is 666 days. The bank will give an interest of 7% to common citizens and 7.50 percent to senior citizens on depositing money in this FD scheme of less than Rs 2 crore.

Canara Bank tweeted information

Canara Bank has given information about this special FD scheme by tweeting. Canara Bank is currently giving an interest of 2.90 to 5.75 percent to its general customers on FDs of 7 days to 10 years. Whereas, the bank is giving interest between 2.90 to 6.25 percent to its senior citizen customers on making FDs for the same period.

Unity Bank launched special scheme

The post Special FD Scheme: These banks started special FD scheme in the festive season, check details here first appeared on Rightsofemployees.com.