Last date for payment of fee: 15th December, 2010
IDBI Bank Ltd, a banking company under the companies act, 1956, having majority share holding by govt of India, is a leading provider of complete range of retail and corporate banking services to its clients. The Bank is aggressively expanding its operations
Recruitments in IDBI Bank are strictly on all India basis by open competition and the Bank has not hired or authorized any agency or organization or any individual to recommend or recruit any personnel on its behalf or collect any money or commission or charges for recruitment or training or coaching, etc
The Bank invites applications from the eligible and suitable applicants for the following posts to be filled on contract basis at its different branches and offices
Executive (on contract)
Vacancies: 700***; SC 105; ST 53; OBC 189; PwD 21; General 332
Maximum age (as on cut-off date) 30th November, 2010: 25 years
Essential qualification: Graduate from a recognized university with 55% marks in aggregate* for applicants belonging to General/OBC/PwD (General/OBC) categories
Graduate from a recognized university with 50% marks in aggregate* for applicants belonging to the SC/ST/PWD (SC/ST) categories
Date of written test: 23rd January, 2011**
Emoluments, career prospects and service conditions
The appointment of Executive (on contract) will be on contractual basis. The contract would be initially for a period of 1 year and this may be reviewed for extension on year-to-year basis for a further period of 2 years, subject to satisfactory performance and availability of vacancies. On successful completion of a period of 3 years of contractual service, such appointees may become eligible for appointment as Assistant Manager (Grade ‘A’) in the Bank through a selection process that would be conducted by the Bank. The Executive (on contract) will be paid a lump sum/fixed remuneration as per the following chart
Consolidated remuneration Rs 12,000/- per month in the first year, Rs 13,500/- per month in the second year and Rs 15,000/- per month in the third year of service
These executives shall not be entitled to draw any allowances such as DA, HRA, etc
During the contractual period, the applicants can be posted at any branch or offices of the Bank as per the discretion and requirements of the Bank. Applicants could also be posted at the Bank’s discretion, to any offices of the Bank or the departments or offices or business units of the Bank’s subsidiaries or associate institutions. The appointment being purely contractual in nature, the appointee shall not be entitled for any superannuation benefits whatsoever. It is clarified that the appointees shall not be entitled for any gratuity, provident fund or pension benefit. The contractual period of service would not be counted for any superannuation benefits, in case, the appointee is considered for appointment in the services of the Bank as a regular full time employee at a later stage
Eligibility criteria
Cut-off date: 30th November, 2010 (upto and inclusive of 30th November, 2010)
Applicants must be either (i) citizen of India, or (ii) subjects of Nepal and Bhutan, or (iii) Tibetan refugees (who came over to India before 1st January 1962) and (iv) persons of Indian origin, who have migrated from Myanmar and Sri Lanka with the intention of permanently settling in India and in whose favour eligibility certificates have been issued by govt of India. Applicants, in whose case a certificate of eligibility is necessary, may be admitted to the selection process conducted by the Bank, but on final selection, the offer of appointment may be given only after the govt of India has issued the necessary eligibility certificate to him or her
As on the cut-off date, the applicants should possess a degree from a recognized University
Maximum age limit for general category applicants applying for the post is 25 years as on cut-off date
The SC/ST/OBC/PwD/Ex-servicemen applicants will be extended age relaxation as mentioned below
Applicants are expected to have proficiency in computers
The Bank reserves the right to raise or modify the eligibility criteria pertaining to educational qualification (including percentage of marks secured at graduation) and/or work experience. Depending upon the requirement, Bank reserves the right to cancel or restrict or curtail or enlarge the recruitment process, if need so arises, without any further notice and without assigning any reason there for
Age relaxation: SC/ST/OBC/PwD/Ex-servicemen applicants would be eligible for age relaxation as per the govt of India guidelines, as; 3 years OBC applicants; 5 years SC/ST applicants; Ex-servicemen; 10 years PWD
Cumulative age relaxation will not be available either under the above items or in combination with other items. An ex-serviceman, who has once joined a govt job on the civil side (as an civilian) after availing of the benefits given to him as an ex-serviceman for his re-employment, including a job in a Public Sector Bank ceases to enjoy ex-serviceman status for further employment
Non-refundable application fee and postal charges: Only Rs 75/- (Rs seventy five only) towards postal charges is payable by the applicants belonging to the SC/ST/PwD/Ex-Servicemen categories and Rs 400/- (Rs four hundred only) towards application fee and postal charges by all other categories (i.e. General/OBC)
Applicants are required to make payment of the fee in cash at any of the branches of IDBI Bank Ltd (IDBI) or State Bank of India (SBI). Proforma of the challans to be used for payment through IDBI or SBI are displayed on the IDBI bank’s website. Applicants may download the challans and approach the respective bank for making payments. Please note that the challans would not be available in any of the branches of the banks and has to be necessarily downloaded from the Bank’s website
While the applicants paying the fee through IDBI Bank would be required to pay the stipulated fee of Rs 75/- or Rs 400/- as stated above, the applicants paying the fee through SBI would need to pay an additional amount of Rs 50/- as service charge to SBI
On payment of the requisite fee, the concerned branch of IDBI Bank or SBI would generate a unique 14 or 10 digit code number respectively, which would be recorded on the counterfoil of the challan. Copy of the challan (applicant’s copy and Bank’s copy) duly stamped would be returned to the applicants as proof of receipt of the fee
The applicants after making payment of fee as indicated above would thereafter apply online. The applicants would be required to enter the 14 or 10 digit unique number respectively in the online application to enable them to submit their application
The payment of fee would be accepted only during the banking hours at the respective bank’s branches from 01st December, 2010 to 15th December, 2010
The dates for payment of fee would be the same even for applicants applying from far-flung areas
No other mode of payment of application fee would be acceptable. Fee once paid will not be refunded or adjusted
Even if the Bank extends the cut-off date of submission of online application due to technical reasons, the valid dates, during which, the fee and postal charges would need to be paid would not undergo any change and would remain the same as mentioned above
Applicants are advised to go through the advertisement thoroughly and ensure that they fulfill all the eligibility criteria before making payment of fee and postal charges as fee once paid will not be refunded or adjusted under any circumstances
How to apply: Before filling the online application forms, the applicants must pay the requisite fee as applicable to them and get the 14 or 10 digit unique number. Applicants will have to submit this number in the application form
Applications shall be submitted by the on-line mode only through the Bank’s website after carefully going through all the instructions contained in this advertisement and online application form. No other means or mode of application form will be accepted
On submission of the online application, the applicants will receive a registration number and password, which he or she needs to retain for use in future
Important dates for the recruitment process are as under
Cut-off date for eligibility criteria (age and educational qualification): 30th November, 2010
Opening and closing of payment gateway: 01st December, to 15th December, 2010
Opening and closing of gateway for submission of on-line application: 02nd December, to 16th December, 2010
Date of pre-recruitment training for the SC/ST applicants at all centers: 17th to 22nd January, 2011
Date of written test at all centers: 23rd January, 2011
Click here for More Details And To Apply Online
Applicants applying for the post, after submission of the online application form shall take a print of system-generated hard copy of the application form, paste a recent passport size colour photograph (without dark glasses) at the prescribed place, sign across the photograph and preserve the same for submission at the time of personal interview, along with the counterfoil of the challan for payment of fee and the documents required in support of the eligibility criteria as detailed below
Age: 10th or 12th standard mark sheet or school leaving certificate or birth certificate. The certificate or documentary evidence issued by the competent authority for age relaxation under any other clause
Educational Qualifications: Graduation; all semester wise or year wise individual mark sheets; all mark sheets pertaining to improvement in the marks (i.e. if the applicants has made more than one attempt to obtain pass or improve marks of any subject in any of the semester’s or year’s; degree or provisional pass certificate; High school (class 10th) and Intermediate (class 12th); mark sheets and passing certificates
Work experience: If declared in the application form, all the documents such as experience certificate from the past and current employers or offer letters, relieving letters, pay or salary slips clearly indicating the date of joining and date of relieving for each of the past or previous employer’s. The experience certificate or testimonials produced by the applicants should indicate the date of joining and relieving, designation at the time of joining, date of promotion with designation, if any
Selection process: The selection process for the post of Executive (on contract) will comprise of a written test followed by personal interview of the applicants, who have qualified in the written test. The written test would comprise of objective type questions having three components (a) Test of Reasoning, (b) Test of working English Language and (c) Test of quantitative aptitude. Questions papers for the written test, except the paper on Test of English Language, will be set in Hindi and in English
The applicants will be called for the written test based on the information provided in the online application form by them, subject to scrutiny at a later date
The applicants, who are successful in the written test, would be called for a personal interview. The number of applicants called for interview will also be at the discretion of the Bank. Applicants have the option to answer the questions during interview in Hindi or English at their option
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