There are people who want big rewards for the hours they put in their jobs. Some people have lifestyles that need extra earnings. And then there are some who want to support their families. IDBI careers are the best choice for these people. It is the starting industrial bank of India. IDBI recruitment gives lavishing career chances to many people every year. Most of these chances are jobs for freshers from many fields.
Not only that, but it also provides internships to fresh graduates. Everyone knows that a bank job gives a satisfying life. But when you add the word public to the bank, the perks skyrocket. It is not because these jobs pay better than the private sector. The main reason is the esteem that comes with it. People that have such jobs know the pride they and their families feel. There is no one who doesn’t desire such a job. IDBI is one of these public institutions.
If you have a desire for a job like this, you have a chance to be a part of it. There many job openings in it every year. It gives notices for every one of these posts. Here learn about the available posts. Learn their criteria, education, and age limit. Take a look at the expertise needs for these posts. See what the salaries are like and what are the benefits of working here. In the end, check your abilities and make the decision. Suppose you get on board, learn the application process as well.
Table of Contents
Latest IDBI Bank Recruitment 2023
More Banking Jobs: Click Here
About Industrial Development Bank of India
IDBI started in 1964 as a special type of bank. Its prime focus at that time was to give financial support. Like the name suggests, its support aimed only at Indian industries. When the country separated, the situation was not looking good. No one was ready to invest in the market with no actual scope. To revert this, the state created it, and the plan worked. Now the industries had someone they could look up to for help.
It attracted new investors by giving a push start to the industries. The country then flourished with development. RBI had its own since the start. But in 2018, it handed it to the government. Now the state wholly owns it. The end of World War II began its start. After the war, trade smashed and commerce stopped. During this time, everyone was in a dire position. Only those states that reached the top handled themselves during those tough times.
After it became a government holding its shares went up for bidding. LIC now has the greatest number of stakes in it. Just recently 51% of its stakes were owned by them. In 2003, it went under one of its biggest changes. The formal finance bank turned into a commercial one. With the purchase of UWB, it added more than 200 branches to its name. It was not a business deal but a rescue for UWB. It has a franchise in Dubai as well.
List of Vacancies that are in Demand at IDBI Bank
- Information Technology
- Human Resources
- Business Operations
- Protective Services
Basic Requirements to Join IDBI Bank
IDBI bank recruitment is a golden chance for fresh graduates to make a good life. There are many openings for freshers’ posts and internships. This is not much of a surprise. It is because the government bent on creating new chances for their youth. There is not much sentiment to it. The only reason for that is the future progress is in the youth’s hands. However, there are many chances, but not everyone is eligible for them.
To maintain the quality of applicants, there are some effective requirements for these posts. The first to enter is the age of the applicant. No one should be younger than 21 years. And no one should be older than 28 years. If you ask, this is a simple requirement. Along with it, there are education criteria as well. The criteria vary for every post. It is common sense that the need will arise for important posts.
The starting limit is 10th and 12th class. This is only for lower-scale posts. These include clerks, peons, and security staff. Moving to the real posts, the basic need is a bachelor’s degree. That is for ordinary jobs only. For complex jobs, the conditions rise to postgraduate or even higher education. The posts of officers require high knowledge plus some work expertise.
The authorities don’t want to trouble their applicants. That is why they try to keep the process as simple as possible. It is a usual two-step process. The first one is the same for every public job, the aptitude exam. This exam is sometimes online and sometimes at a venue. The second process is the interview. A simple yet strict method to choose the right applicant. The interview is a mixture of different types of questions. If your answers match their standards, they give you a job offer.
Salary & Benefits
IDBI bank jobs have tempting wages. Ranks decide the employee pay scale. It is common practice for any public body. The wages of ordinary recruits are 22k to 27k INR per month. It is something to look up for at this job. For assistant level posts of manager, the wages start from 600k INR and ends on 1.2M INR per year. For an Operation Manager, the salary takes a big leap and reaches up to 2M INR per year.
There are extra perks to these great wages. Health and life insurance are a big part of these benefits. You get job security like nowhere else. They give you food and drinks during working hours. The best among them is their pension plan. The pensions here are the favorite of many employees.
How to Apply for IDBI Bank Careers?
After reading the above information, you might have some idea about the bank. IDBI careers promise a stress-free livelihood. The pays are nice, and the benefits are uncanny. The requirements are not that strict either. Furthermore, you get to be a member of a respectable bank. There is a vacancy for every job title. If you fulfill the recruitment details, all that remains is the application process. First of all, pick an opening among the given posts. Go to the website www.idbibank.com and apply online for that post. To get rid of any doubt, read the application method.
- Visit the official website with the link.
- Go to the careers section.
- Click on the post you want to apply to.
- Fill the registration form with credentials.
- Upload your scanned signature with a photograph.
- Pay the application fee of the bank.
- Wait for a little for a response.
For your ease, there is a link down below that will take you to the application page.