Clear your Doubts about IDBI Exam 2021-FAQs

IDBI Bank has revealed a notification inviting online applications for the recruitment of 920 executives on a contract basis for different branches and offices of the bank. The Bank will conduct an open competition for the posts. The online application process started on August 4 and the last date to apply is August 18, 2021.

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The job tenure will be one year, which can possibly be extended for a two-year extension based on:

  • Satisfactory performance
  • Availability of vacancies
  • Fulfilment of required e-learning certifications

The online examination is slated to be conducted on September 5.

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FAQ’s (Frequently Asked Questions) on IDBI Exam 2021

Here are the answers to some of the most important questions on IDBI Exam 2021, that might be hovering in your mind:

Important Dates

Q1. What is the last date for the online registration for the IDBI exam?

August 18, 2021. Online Registrations began on August 04, 2021, and will continue till August 18, 202

Q 2. What is the date for Payment of Application Fee/ Intimation Charges?

The Payment of Application Fee/ Intimation Charges should be done Latest by August 18.

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Q 3. What is the date for the IDBI Exam 2021 Date in Online Test at all centers?

The date of the Online Test at all centers is September 05, 2021.

IDBI Executive post recruitment 2021 will be notified in April 2021. Here are the frequently asked questions related to the exam.

Q4. How many vacancies are available in IDBI recruitment 2021?

This recruitment drive is ready to a total of fill 920 vacancies of the executives in the IDBI.

Q5. What is the educational qualification for IDBI Exam 2021? Are there any changes?

You need to be graduate with a minimum of 55% (50% for SC/ST/PWD) from any recognized university. Keep in mind, the percentage marks shall be arrived at by dividing the total marks obtained by you in all the subjects in all semester (s)/ year (s) by aggregate maximum marks in all the subjects irrespective of honors/optional/ additional optional subject if any.

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Q6. What is the age limit for IDBI recruitment 2021?

If you are interested in applying for the IDBI executives post-2021, you should be between the age of 20 to 25 years. This is the cut-off date for eligibility criteria, Age-wise & Qualification wise.

Q7. What will be the consolidated remuneration (salary) for the above-mentioned post?

As per the latest IDBI notification ringing on its official website, it is Rs.29,000/- per month in the first year, Rs.31,000/- per month in the second year, and Rs.34,000/- per month in the third year of service. You, as an appointee, shall not be entitled to any superannuation benefits whatsoever. Plus, you will also not get any gratuity and provident fund benefits. However, the Executives would be covered under IBLNPS Rules, 2011. The contractual period of service would not be counted for any superannuation/ terminal benefits, in case, the appointee is considered for appointment in the services of IDBI Bank as a regular full-time employee at a later stage.

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Q8. Can you submit your application form offline mode?

No. The application will be accepted only through the online mode.

Q9. What will be the mode of the test?

The test will be conducted online mode.

Q10. What is the language of the question paper?

English and Hindi (except for the English Language test).

Q11. Is there any negative marking in the exam?

Yes, there is a negative marking in the exam. 0.25 marks will be deducted for every incorrect response.

Q12. When will the result be announced?

The result of the online test will be announced 15 days after the online test.

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Best of Luck with the IDBI Exam Preparation!

Asad Yar Khan

I write and oversee the creation of informative educational blogs centering around study strategies, exam techniques, and more, to guide aspirants in clearing SSC, banking, engineering, and other competitive exams. I ensure a range of subjects are covered with precision and clarity. With over 7 years of diverse writing experience, I share a wealth of wisdom and expertise with thousands of students, through PracticeMock every day, helping them achieve their goals.

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