IDBI PGDBF Recruitment of Assistant Manager Grade ‘A’ 2021-22 | Apply Here

IDBI Bank Recruitment of PGDBF 2021-22:

IDBI Bank invites applications from young, dynamic graduates for 1 Year Post Graduate Diploma in Banking and Finance (PGDBF) comprising of 9 months of classroom studies at campus and 3 months of internship at IDBI Bank’s branches. After successful completion of the course, the candidates will be awarded PGDBF certificate and will be inducted into IDBI Bank as Assistant Manager Grade ‘A’ subject to fulfillment of eligibility criteria as stated in this advertisement.

The candidates from states falling under the Western and Southern Zones of the Bank will be inducted through Manipal, Bengaluru and candidates from states falling under the Eastern and Northern Zones of the Bank will be inducted through Nitte, Greater Noida.

IDBI Bank Recruitment Application link

IDBI PGDBF Vacancy Details – 650 (Total):

*If Grades/ CGPA are awarded instead of marks, only candidate securing CGPA/ Grades equivalent to 60% (55% in case SC/ST/PWD) should apply. Calculation of percentage: The percentage marks shall be arrived at by dividing the total marks obtained by the candidate in all the subjects in all semester (s)/ year (s) by aggregate maximum marks in all the subjects irrespective of honours/optional/ additional optional subject, if any. This will be applicable for those Universities also where Class/ Grade is decided on basis of Honours marks only. The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%.
**Relaxation in maximum age for SC/ST/OBC/PWD/Ex-Servicemen as per Government guidelines
***Modification or change in the date of the Online Test, if any, would be intimated through an advertisement on the website of IDBI Bank.
# The number of seats mentioned above is provisional and may vary depending on future requirements. IDBI Bank reserves the right to empanel the candidates and consider these empanelled candidates for future requirements. Offers could be issued in phases as per IDBI Bank’s requirement.

IDBI PGDBF Important Dates:

IDBI Bank Recruitment Application link

IDBI PGDBF Eligibility Criteria: Age

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)

IDBI PGDBF Age Relaxation:

IDBI PGDBF Hand Written Declaration:

The text for the hand written declaration is as follows –

“I, _______ (Name of the candidate), hereby declare that all the information submitted by me in the application form is correct, true and valid. I will present the supporting documents as and when required”.

IDBI PGDBF Application Fees:

PAYMENT OF FEE – ON LINE : 10.08.2021 to 22.08.2021 (Both days inclusive).

Note: Bank Transaction charges for Online Payment of application fees/intimation charges will have to be borne by the candidates.

IDBI PGDBF Selection Process:

IDBI PGDBF 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 PGDBF Financing / Loan Options:

Selected candidates can finance the course fees by availing Education Loan, if they so desire, which will be granted by IDBI Bank as per its prevailing education loan scheme of IDBI Bank.

IDBI Bank Recruitment Application link

IDBI PGDBF Career Prospects and Emoluments:

Stipend (during the training): During the Training Period (9 Months) – ` 2,500/- per month and during the Internship Period (3 Months) – `10,000/- 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 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 11 to time.

IDBI PGDBF 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 an amount of `2 Lakh plus applicable GST.
In addition to the payment of `2 Lakh plus applicable GST, 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.

Download Official IDBI PGDBF Recruitment notification