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IDBI Assistant Manager Exam 2021

About IDBI Assistant Manager

Banking is one of the most sought-after career options in present times. A banking career offers an excellent salary, perks, job security, fast growth, and the right work-life balance.

IDBI - Industrial Development Bank of India conducts the annual entrance exam to give admissions for the 1 year IDBI Assistant Manager PGDBF Course at Manipal School of Banking. Candidates who successfully complete the 1-year course are posted as Assistant Manager at various IDBI Bank Branches.

IDBI Assistant Manager Exam - Overview

ParticularsDetails
Name of OrganizationIndustrial Development Bank of India (IDBI)
Official Websitehttps://www.idbibank.in/index.aspx
PostAssistant manager
No. of Vacancies650
Application Start Date10th August 2021
Application End Date22nd August 2021
Exam Date4th September 2021 (Tentative)
Admit Card Release DateTo be Announced
Mode of Exam

1. Phase I- Online Test- Online Mode 

2. Phase-II- Personal Interview- Offline Mode

Selection Process 
  • Online Test
  • Personal Interview

IDBI Assistant Manager Exam 2021 Mock Test

IDBI Assistant Manager Exam 2021 Mock Test series have the following features:

  1. The mock test series consists of 5 Mock Tests (Hindi & English) in the latest pattern with detailed solutions
  2. This mock test series is created by Subject matter experts
  3. Analyse your performance using our AI-Based Detailed Performance Analysis
  4. These mock tests will help you identify your strong and weak areas

IDBI Assistant Manager – Important Dates

ParticularsImportant Dates
Online Application Start Date10.08.2021
Last Date To Apply Online22.08.2021
Date of Online Test04.09.2021 (Tentative)

IDBI Assistant Manager Recruitment - Vacancy

Following the category-wise Vacancy Details for the IDBI Assistant Manager 2021 Recruitment -:

CategoryVacancy
UR265
SC97
ST48
EWS65
OBC175
Total650

Following are the details of the PWD Vacancies -:

CategoryVacancy
PWD – VH7
PWD – OH6
PWD – HH7
PWD – MD/ID6
Total26

IDBI Assistant Manager Recruitment – Eligibility

  • Educational Requirements -: Candidate must be a Graduate from a recognized university with minimum 60% marks (55% for SC/ST/PWD)*
  • Other Qualification -: Candidates are expected to have proficiency in Computers
  • Age Limit (as on 01 July 2021) -:
    Minimum: 21 years
    Maximum: 28 years
    i.e. a candidate must have been born not earlier than 02.07.1993 and not later than 01.07.2000 (both dates inclusive)

(Note -: Candidates in their last year of Graduation/Semester may also apply provisionally subject to the condition that, if called for interview, they will have to produce proof of having passed the graduation examination on or before 01 July 2021)

There is relaxation in the age criteria for other categories for appearing for the IDBI Assistant Manager position. The following table provides the relaxation in the age that has been granted to various categories of applicants. 

CategoryRelaxation in Maximum Age
SC/ST5 years Relaxation
OBC3 years Relaxation
PWD10 years Relaxation
Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose receipt of application) 5 years Relaxation
Persons affected by the riots of 1984 5 years Relaxation

All candidates seeking relaxation in age will have to produce and submit certificates that corroborate their claim that age relaxation applies to them. The bank will require the candidates to submit the related documents and certificate(s) in original / copies for scrutiny during the interview stage and at any time during the entire following process(es) of recruitment.

So far as the candidates belonging to the category of Ex-serviceman are concerned, if such as candidate has post-retirement, taken up a civil position in a Government job with having availed the benefits that had become due as an Ex-servicemen for this civil re-employment, then this candidate will not be allowed to re-use the Ex-serviceman status for reemployment in a Government job. This applies to the IDBI Assistant Manager position also.

IDBI Assistant Manager – Selection Process

The Selection process for Admission to the IDBI Assistant Manager PGDBF Course 2021 will have 2 stages, the online written test followed by interview -:

  1. Online Test – 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.
  2. Personal Interview – Candidates would have to clear the Online Test to be eligible for the Personal Interview round.

IDBI Assistant Manager Recruitment 2021 – Exam Pattern

The pattern of the Online Test for IDBI Assistant Manager Recruitment 2021 is given below -:

S.NoName of the TestNo. Of QuestionsMaximum Marks
1Logical Reasoning, Data Analysis
& Interpretation
6060
2English Language4040
3Quantitative Aptitude4040
4General/Economy/Banking Awareness6060

Time duration – Composite time of 2 hours

Important Point -: 0.25 Negative Marking for Each Wrong Answer.

The final selection or offer of employment would be made based on the applicant’s marks in the interview, Online test, being found medically fit, and subject to fulfilment of all other eligibility criteria with regard to age and qualification and successful completion of the course and award of certificate by Manipal University as stipulated in the advertisement.

IDBI Assistant Manager – Application Fees

  • ₹200/- for SC/ST/PWD candidates
  • ₹1000/- for all others

IDBI Assistant Manager – Programme Fees

Programme fees for this Course will be Rs.3,50,000/- (Rs. Three Lakh Fifty
Thousand only) plus GST, 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.

IDBI Assistant Manager Recruitment 2021 – Stipend

  • 9 months Classroom Training Stipend – ₹2500/- per month
  • 3 months Internship Stipend – ₹10,000/- per month

IDBI Assistant Manager 2021 – Salary

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 Rs.36,000/- per month in the pay scale of 36000-1490(7)-46430-1740 (2)–49910–1990(7)-63840 (17 years). 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.

IDBI Assistant Manager Recruitment 2021 – Service Bond

  • A Service Bond of ₹2,00,000/- for a period of 3 years will have to be signed by the candidate at the time of joining the IDBI Assistant Manager PGDBF course.
  • If a candidate leaves the job before completing 3 years, then She/He will have to pay the complete service bond amount of ₹2,00,000 along with the payment of the outstanding educational loan dues at the applicable card rate.

IDBI Assistant Manager Cut Off 2021

If you are appearing for the IDBI Assistant Manager Examination, it is a good idea to know the IDBI Assistant Manager Cut Off for 2021 to prepare for the Examination with that target in mind.Once you have a goal to achieve, preparing for it becomes much easier. But, please note that the cut off mark is declared by the Examination board only after the Examination has been completed.This is because all the factors that affect the cut off mark are known only after the Examination is conducted. So, it is a good practice to look at the IDBI Assistant Manager CutOff in the previous years to get an idea of the cut-off for 2021.

The official cut off will be released on the Examination Board’s website only once the Written Examination process is complete. You can visit the official website of the Examination Board to check the cut off mark. If you score marks equal to or more than the released cut off, you will be considered to have qualified in the Written Examination. The IDBI Assistant Manager recruitment has a sectional cut off as well as an overall cut off. 

Previous Year’s IDBI Assistant Manager Cut Off

Given below are the cut off for the past three examinations – 2019, 2018, and 2017.

IDBI Assistant Manager Cut Off: 2019 

CategoryEnglish (40)Reasoning (60)Quant (40)Banking Awareness (60)Overall (200)
Scheduled Castes13.212 26.614 11.399.717122.25
Scheduled Tribes13.212 26.614 11.399.717111
Other Backward Classes13.212 26.614 11.399.717132
Economically Weaker Sections 17.595 33.0916.68313.608133.25
Unreserved 17.595 33.0916.68313.608140.25

IDBI Assistant Manager Cut Off: 2018 

CategoryReasoning(50)English(50)Quantitative Aptitude(50)Total Out Of(150)
Unreserved17.758.2510.7596.50
Other Backward Classes11.754.006.2592.00
Scheduled Castes11.754.006.2585.75
Scheduled Tribes11.754.006.2576.75
OH11.754.006.2596.00
VI11.754.006.25100.00
HH11.754.006.2552.25
MD/ID11.754.006.2552.00

IDBI Assistant Manager Cut Off: 2017 

CategoryEnglish (50)Reasoning (50)Quant (50)Banking Awareness (50)Overall (200)
Scheduled Castes4.258.7587.2564
Scheduled Tribes4.258.7587.2547.75
Other Backward Classes4.258.7587.2573.25
Unreserved712.2510.511.2575.75

Conclusion

If you are interested in the IDBI Assistant Manager position, it is a good idea to keep yourself informed of the cut off that is expected in 2021 for the Written Examination. You have the IDBI Assistant Manager Cut Off for 2019, 2018, and 2017. Use them to check your category and get a fair idea of the cut-off mark to expect for the 2021 Written Examination. With that knowledge in hand, you can prepare accordingly for the Written Examination. If you are well prepared, cracking the examination should not be a problem.

Exam Date

4th September, 2021 (Tentative)

Total Vacancies

650

Find the Right Plan

Flexible pricing options for all the aspirants

FAQs

What is the date of the online exam of IDBI Assistant manager exam 2021?

The IDBI Assistant Manager online exam will be conducted on 4th September 2021.

What is the application fee for IDBI Assistant Manager 2021? +

The application fee for IDBI Assistant Manager 2021 is Rs.1000 for unreserved and EWS and Rs.200 for SC/ST/OBC categories.

Can I request to change my exam centre for the online exam? +

No. Change of exam centre is not allowed for any reason.

How many vacancies are there for the Assistant Manager post in IDBI Bank? +

650 vacancies are there for the Assistant Manager post in IDBI Bank.

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