(Notification) Post Graduate Diploma in Banking and Finance (PGDBF) at IDBI Bank - 2016

IDBI Bank Ltd., (IDBI Bank) a company within the meaning of Companies Act, 2013, having majority share holding by Government of India, is a leading provider of complete range of retail and corporate banking services to its clients. IDBI Bank is aggressively expanding its operations.

Post Details:

Course Name: Post Graduate Diploma in Banking and Finance (PGDBF)

Total no of Posts: 1000 #

Pay Scale:

Stipend (during the training): During the Training Period (9 Months) - ` 2500/- per month During the Internship Period (3 Months) - `10000/- per month

After joining the Bank’s services as Assistant Manager Grade ‘A’ on successful completion of the course: The extant basic pay applicable to Assistant Managers in Grade A is ` 14,400/- per month in the pay scale of ` 14400-1000(19)-33400-1250(6)-40900 (26 years). These pay scales are under revision. The pay scales, allowances, reimbursements, perquisites and other terms subsisting at the time of joining and as may be modified / amended / revised from time to time would be applicable as per rules in force from time to time.

Essential Qualification

Graduation from a recognised University with minimum 60% marks (55% marks for SC/ST/PWD)*

Age Limit:

28 years **

APPLICATION FEES

SC/ST/PWD `150 (Intimation charges only)
FOR ALL OTHERS `700 (Application fee + Intimation charges)

Programme Fees

Programme fees for this Course will be ` 3,50,000/- (Rs. Three lakh fifty thousand only) plus service taxes, as applicable, to be paid by the students in instalments as per a fixed schedule during the 1 year programme ( inclusive of course fees, lodging, boarding and other fees, etc.).

Apart from the above course fees, the exam fees for undergoing various Certification exams as mandated under the course will have to be borne additionally by the candidates, as per the fees charged by respective body/organizations from time to time for conducting these Certification exams.

Service Bond

All selected candidates, at the time of their joining the course itself, will have to execute a Service Bond for serving IDBI Bank for a minimum period of 3 years from the date of their joining IDBI Bank’s service or shall have to pay a notional amount of `2 lakh. In addition to the payment of `2 lakh, in case any candidate leaves the services of IDBI Bank before 3 years of his/her joining, he/she will have to clear his/her outstanding educational loan dues at the applicable card rate, if he/she has opted for education loan from IDBI Bank.

Selection Process

a. The selection process will comprise of Online Test followed by personal interview of the candidates, who have qualified in the online test. The online test will be objective in nature. The details of the same are furnished hereunder.

S.No	Name of the Test	No. Of Questions	Maximum Marks	Duration
1	Reasoning	50	50	Composite time of 2 hours
2	English Language	50	50
3	English Language	50	50
4	General Awareness (With Special Reference to Banking)	50	50

b. The applicants will be called for the Online Test based on the information provided by them in the online application form, subject to scrutiny at a later date.

How to Apply:

DETAILED GUIDELINES/PROCEDURES FOR

A. APPLICATION REGISTRATION
B. PAYMENT OF FEES

Candidates can apply only online from 25.11.2016 to 09.12.2016 and no other mode of application will be accepted.

IMPORTANT POINTS TO BE NOTED BEFORE REGISTRATION

Before applying online, candidates should:

(i) Scan their photograph and signature ensuring that both the photograph and signature adhere to the required specifications as given under Guideline for photograph & signature scan and upload.

(ii) Have a valid personal email ID and mobile number, which should be kept active till the completion of this Recruitment Process. IDBI Bank will send call letters for the Examination and other information through the registered e-mail ID. In case a candidate does not have a valid personal e-mail ID/mobile number, he/she should create his/her new e-mail ID and obtain mobile number before applying on-line and must maintain that email account and mobile number. In case of non-reaching of the communication /information due to technical defect, error or failure, IDBI Bank shall not be responsible for the same.

Important Dates:

1. Opening and closing of payment Gateway 25.11.2016 to 09.12.2016
2. Opening and closing of gateway for submission of on-line application 25.11.2016 to 09.12.2016
3. Date of Online (Tentatively) Test at all centers 03.02.2017