Profile:

IDBI Bank was established on 1 July 1964 under the Companies Act, 1956. The bank provides excellent banking service to its customers. The bank is expanding its operations insistently. IDBI has taken steps to reshape its role from a development finance institution to a commercial institution in order to meet emerging challenges and to keep up with reforms in financial sector.

Job Profile:

IDBI Bank invites application for the post of Executives on contract basis. The contract period is 3 yrs. After successful completion of contract period, appointees will be eligible to attend the selection process of Assistant manager (Grade A) in the Bank.

No. of posts – 700

P ay Scale –  Rs. 12000 per month in the 1st yr; Rs. 13500 per month in the 2nd yr; and Rs. 15000 per month in the 3rd yr.

Eligibility:

Age Criteria: 25 yrs (Relaxable as per Government of India rules)

Educational Qualification: Graduation from a recognized university with 55% marks in aggregate (50% marks for SC/ST and PWD candidates)

Selection Process:

Candidates will be selected for the post only through objective type written examination and personal interview. For more details related to the schedule and portions of the written examination, candidates can visit the website http://www.idbi.com.

How to apply:

Eligible candidates must apply online through IDBI Bank’s website http://www.idbi.com, after paying the application fee.

Application Fee:

Rs.400 (Application fee and postal charge) must be paid in cash at any branch of IDBI Bank Ltd., or State Bank of India (SBI).SC/ST/PWD/Ex-Servicemen must pay only Rs. 75. Applicants paying the fee through SBI must pay an additional amount of Rs. 50 as service charge to SBI.

Contact Details:

IDBI Bank

IDBI Tower, WTC Complex,

Cuffe Parade,

Colaba,

Mumbai – 400005

Last date to apply: Last date for receipt of online applications is 16.12.2010 and last date for payment of fees is 15.12.2010

For more information visit the website: http://www.idbi.com