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IDBI Bank Recruitment 2019-Apply Online for 40 Vacancies

Posted on 28 Mar 2019 By Samir Anand

IDBI Bank was created in 1964 by an Act to provide credit & other financial facilities for the development of the fledgeling Indian industry. Initially, it operated as a subsidiary of (RBI) Reserve Bank of India transferred it to GOI. Many institutes of national importance find their roots in IDBI like Sidbi, Exim bank, NSE and NSDL. The war cry for reforms in commercial space saw GOI reducing its stake in the bank in the year 2019. At present, Life Insurance Corporation (LIC) holds a 51% stake in IDBI Bank and Government of India holds 46.46% and the remaining 2.54% owned by the public.

IDBI Bank has issued notifications for recruiting eligible candidates to the posts of Chartered Accountants. Please find detailed information regarding the vacancies below.

Important Dates

Commencement of online Registration: 26.03.2019

Last date for receipt of online application: 08.04.2019

Last date for editing applications: 08.04.2019

Last date for printing your application: 23.04.2019

Cut Off date for determining eligibility: 01.03.2019

About Vacancies

Grade Vacancies
DGM (Grade D) 3
AGM (Grade C) 5
Manager ( Grade B) 22
TOTAL 40

How to Apply for IDBI Bank Recruitment 2019

Eligible candidates must ensure that they possess the necessary qualifications and fulfil all the required criteria before applying for the posts.

Interested candidates need to apply online by visiting the Official Website. No other mode of application submission would be accepted.

Essential Qualification

DGM – FAD (Grade D)

  • Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant (CA).
  • Post Graduation in any field is desirable.

DGM – Taxation

  • Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant(CA). Post Graduation in any field is desirable.

AGM – FAD

  • Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant (CA).
  • Post Graduation in any field is desirable.

AGM – Taxation

  • Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant(CA). Post Graduation in any field is desirable.

Manager – FAD / Taxation

  • Graduation with first class in any stream (preferably Commerce) from a recognized University and Chartered Accountant(CA). Post Graduation in any field is desirable.

Manager – Treasury

  • Graduation with first class in any discipline from a recognized University and CA.
  • Candidates possessing additional qualification of MBA/ CFA/ Professionals with Diploma or Certificate in Treasury will be preferred.

Manager – Risk Management

  • Graduation with first class in any discipline from a recognized University and CA.
  • Candidates possessing additional qualification of MBA (Finance)/ ICWA/ CFA/ MA (Economics and Statistics)/ CAIIB/ Financial Risk Manager (GARP)/ Professional Risk Manager (PRIMA) or other equivalent specialized risk management certification would be preferred.

Manager – Corporate Banking

  • Graduation with first class in any discipline from a recognized University and CA.
  • Candidates possessing additional qualification of ICWA/ 2yrs Full time MBA (Specialization in Banking and Finance) would be preferred.
  • Desirable to have Certification in Credit program from NIBM, IIBF, Moody’s, IIBM, NISM, KPMH etc.

Age

Minimum: 18 years

Maximum: 24 years

Cut Off Date: 01.01.2019

Upper Age limit is relaxable by:

3 years for OBC (Non Creamy Layer).

5 years for SC/ST candidates.

Persons with Disabilities Candidates: 10 years

Fee

Unreserved/OBC candidates: Rs 700

SC/ST candidates: Rs 150

The fee has to be paid online through Debit Cards (RuPay/ Visa/ MasterCard/ Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

Other Information

Pay Scale

Deputy General Manager, Grade ‘D’: In the scale of 33600-1100(9)-43500-1300(8)-53900 (18 years) [Pre Revised] Total pre-revised emoluments for Grade D at Metro centres is approx. Rs.1.30 Lakh p.m.

Assistant General Manager, Grade ‘C’: In the scale of 42020-1310(5)-48570-1460(2)-51490 (8 years)

Manager – Grade ‘B’: In the scale of 31705-1145(1)-32850-1310(10)-45950 (12 years.

Official Link

Official Website

Official Notification

Apply Online

For Other Banks Recruitment Notification Please Check, below Link

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