IDBI Recruitment: Applications invited for 600 vacancies

Hyderabad: Industrial Development Bank of India (IDBI) has invited applications for filling up 600 vacancies of Asst. Managers Grade – A through PG-Diploma in Banking and Finance Course.

This course is run by IDBI in collaboration with Manipal School of Banking. Any graduate who is in the age group of 21-28 years as on 1st June 2019 is eligible to apply.

Age relaxation is available for SCs, STs and Physically Handicapped candidates.

Selected candidates will be paid a stipend of Rs. 2500 during the first phase comprising 9 months and Rs. 10000 in the second phase comprising 3 months. On successful completion of course, the candidates will be appointed as managers grade A carrying a pay scale of Rs. 23700 – 42020.

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The recruited candidates have to enter into an indemnity bond that they would serve IDBI at least for three years. Those who leave the job within three years have to pay Rs. 2 lakh to the bank.

The application fee is Rs. 700 for other candidate whereas SCs, STs and Physically Handicapped persons have to pay only Rs. 150.

Selection of the candidate will be based on online test which will be in English and Hindi.

There are 94 test centers including Hyderabad and Vijayawada.

Interested candidates may register their applications online before 21st July 2019.

For further details, read official notification of IDBI (click here).

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