Profile:

Industrial Development Bank of India is a universal bank which comes under the Government of India. It is one of the largest bank present in the country. The bank comes under the Companies Act 1956 with its headquarter located at Mumbai. The bank has played a significant role in the economic and industrial growth of the country for over 40 years. Initially the bank was established as a development financial institution but later it transformed into a full service commercial bank.

Job Profile:

Industrial Development Bank of India invites application for the post of Executive on contractual basis. Candidates must posses the prescribed educational qualification for applying on the specified post in Industrial Development Bank of India.

Eligibility:

Candidates must have age less than the 25 years as on 30 November 2011. Candidates with age more than 25 years are not eligible to apply and their applications will not be considered at all.

Educational Qualification:

Candidates are required to have done Graduation in any discipline. Atleast 55% marks are required in Graduation from General categroy candidates while SC/ST/PWD should have atleast 50% marks in their Graduation. Also the Graduation must be done from a recognized institute of India.

No. of posts: Total 700 posts (Gen-353, SC-105, ST-53, OBC-189 and PH-21).

Pay Scale: In the first year of their service, candidates will be paid Rs. 12000 per month. After that they will be paid Rs. 13500 per month in second year and then Rs. 15000 in the third year of their service.

Application Fee:

Candidates should do cash payment of the application fee in any branch of IDBI Bank. A Payment Voucher is needed to submit the application fee. All candidates should pay Rs. 400 (SC/ST/PWD candidates should pay Rs. 75 only).

Selection Process:

A General Aptitude Test is to be organized by the bank on 23 January 2011 for making selection of eligible candidates on the post of Executives. Qualified candidates will then be called for the personal interview.

How to apply: Interested candidates should apply online at IDBI website. The application must be made from 2 December 2010 to 16 December 2010. The system generated application form should be kept by the candidates as it need to be presented at the time of interview.

Contact Details:

Industrial Development Bnk of India,
Regd. Office : IDBI Tower, WTC Complex,
Cuffe Parade, Mumbai- 400005.

Last date for online application: 4 December 2010

Date for Written test: 16 December 2010

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