IDBI Asst. Manager 2022 Notification- FAQs

IDBI 2022 Notification was released on June 2, 2022. The online application starting day has already started on June 3, 2022 onwards. If you are not sure whether to fill the online application form or not and how difficult will be the exam, don’t worry. You can take a free mock test of IDBI Assistant Manager and assess your preparatory level. Then you can take a call whether to fill the IDBI Assistant Manager online application form or not.  Meanwhile, we have come up with Important FAQs on IDBI Asst Manager Exam Pattern, Exam Dates, Salary, Result, Admit Card related to IDBI Assisstant Manager Notification 2022.

Can I apply for both the posts: IDBI Asst Manager & IDBI Executive?

No, Candidates are strictly advised to apply only for one of the posts, after ensuring their eligibility as per the criteria given for the respective post. Please note that multiple applications are liable to be rejected and fees/charges, if paid are non-refundable.

When will the IDBI Asst Manager exam take place?

The tentative date of IDBI Asst Manager is July 23, 2022.

What is the IDBI Asst age criteria? My date of birth is April 1, 1994. Can I apply?

It’s clearly mentioned in the official notification that The candidate must have been born not earlier than April 2, 1994 and not later than April 1, 2001 (both dates inclusive). So, sorry but you can’t apply.

What are the details of PGDBF program I need to pursue to become IDBI Asst Manager?

Currently, the 1 year Post Graduate Diploma in Banking and Finance (PGDBF) comprises of 9 months of classroom studies at campus and 3 months of internship at the Bank’s branches or offices. After successful completion of the course, the candidates will be awarded PGDBF certificate and will be inducted into the Bank as Assistant Manager Grade ‘A’.

What is the program fee of IDBI Asst Manager?

Programme fees for this course will be Rs.3,50,000/- (Rs. Three Lakh Fifty Thousand only) plus GST. The said fee is inclusive of course fees, lodging, boarding and other charges, etc.

Will I get any stipend as well while pursuing this program?

During the Training Period of 9 months you will get a stipend of Rs.2,500/- per month and during the Internship Period of 3 months you will get a stipend of Rs.10,000/- per month.

What will be my salary after joining the bank as IDBI Asst Manager?

After joining the Bank’s services as Assistant Manager Grade ‘A’, only on successful completion of the course, the extant Basic Pay currently 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).

What if I want to leave the bank in 2 years after joining as an IDBI Asst. Manager?

You will have to execute a Service Bond for serving the Bank for a minimum period of 3 years. If you leave in 2 years (or any time before 3 years), you will have to pay Rs 2 lakh to the bank.

I have selected an exam center in my application form but I want to change it. I’ve already submitted the application. Please help.

Sorry! Request for change of center will not be entertained.

These were the important FAQs of IDBI Asst Manager. Refer to the official notification of IDBI Asst Manager if you still have any doubt.

Nikunj Barnwal

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