IDBI ESO Overview

IDBI ESO - Sales and Operations Overview

IDBI Bank Limited is an important bank in India that helps people with their money. It started in 1964 and became a full bank in 2004. 

IDBI Bank Limited operates as a developmental finance institution and is owned by the Life Insurance Corporation of India and the Government of India.The bank offers many services to individuals and businesses, such as saving and checking accounts. It also helps industries and does other financial activities. IDBI Bank is known for being reliable and caring about its customers. The bank aims to help the country's economy grow and make sure people have good financial options.

The Industrial Development Bank of India (IDBI) recruits qualified individuals for different positions. In 2023, a total of 1300 vacancies for IDBI ESO positions will be occupied through an online examination and subsequent document verification. The registration for the IDBI ESO exam 2023 commenced on November 22, 2023.

IDBI ESO 2023-24: Overview

IDBI is set to hire qualified individuals for 1300 Executive positions through the IDBI ESO Recruitment 2023. All relevant information has been outlined in the official notification. Refer to the summary table below for details on the IDBI Bank Executive exam 2023.

IDBI ESO 2023-24: Notification

The Industrial Development Bank of India (IDBI) published the IDBI Recruitment 2023 Notification on November 21, 2023, revealing 1300 executive post vacancies on its official website https://www.idbibank.in/. The IDBI ESO 2023 Notification is a crucial document containing essential details such as Registration start Date, registration end date, Number of Vacancies,  Eligibility Criteria, Selection Process, Exam Pattern, etc.

IDBI ESO 2023-24: Important Dates

Understanding the crucial dates is essential if you plan to apply for IDBI ESO (Executive Sales & Operations). So, the important dates for IDBI Bank Executive 2023, including the release of the IDBI ESO Notification 2023 PDF, were shared on November 21, 2023. The online registration Starting from November 22 and ending on December 6, 2023, you can register online. The suggested date for the IDBI ESO 2023 exam is December 30, 2023. 

Check the summary table below for the IDBI Bank Executive exam Important Dates 2023.

IDBI ESO (ESO) 2023-24 Online Application

The IDBI ESO Online Application Form serves as the gateway for individuals aspiring to join the ranks of IDBI Bank's executives. This crucial form, accessible on the IDBI official website, prompts applicants to provide essential details accurately. Aspirants are required to carefully fill in personal information, educational qualifications, and any other particulars specified in the form. Additionally, candidates often need to upload supporting documents, such as photographs and signatures, adhering to the stipulated guidelines. The online application process involves a secure payment system for the required application fee. It is essential for applicants to follow the instructions provided in the form and stay updated with any notifications or changes on the official IDBI Bank website.

To apply for the IDBI ESO Exam, follow these steps:

Step 1: Visit Official Website: Go to the official website of IDBI Bank i.e. idbi bank.in.

Step 2: Navigate to Careers Section: Find and click on the "Careers" or "Recruitment" section on the website.

Step 3: Check for Executive Exam Notification: Look for the specific notification related to the IDBI ESO Exam i.e, Recruitment of Junior Assistant Manager (JAM), Grade ‘O' & Executive – Sales and Operations (ESO)

Step 4: Read the Official Notification: Carefully read the complete official notification to understand eligibility criteria, exam pattern, and other important information.

Step 5: Online Registration: If you meet the eligibility criteria, proceed with the Online registration. Fill in the required details accurately.

Step 6: Upload Documents: Upload necessary documents such as photograph, signature, and any other documents as per the specifications mentioned in the notification.

Step 7: Application Fee Payment: Pay the required application fee through the provided online payment options.

Step 8: Submit Application: After completing the form and payment, submit the application.

Step 9: Print Application Form: Take a printout of the application form for your records.

Step 10: Download Admit Card: Once the application process is complete, download the admit card when it is released.

Always ensure that you follow the specific instructions provided in the official notification and regularly check the official website for any updates or changes in the application process.

IBBI Executive (ESO) 2023 Fee Structure:

Applicants are required to submit the relevant application fee during the registration process. The payment of this fee is exclusively accepted through online mode.

IDBI ESO (ESO) Documents Required

The size and dimensions of the documents which have to be uploaded along with IDBI ESO Sales & Operations application form are mentioned below. Please ensure that you conform to these instructions when uploading your documents. 

IDBI ESO 2023-24: Vacancy

IDBI Bank has disclosed new job openings for the financial year 2023-24 on its official website, concurrently releasing an official notification. In the current fiscal year, IDBI Bank has notified a total of 1300 vacant positions for Executives- Sales and Operations, and the distribution of these positions according to categories is outlined below.

IDBI ESO 2023-24: Eligibility Criteria

Understanding the IDBI ESO eligibility requirements is essential prior to applying for the examination. Meeting all the specified criteria is a crucial step to progress in the recruitment process. 

The IDBI Grade A eligibility criteria for 2023 are primarily divided into three stages:

• Stage 1: Educational Qualifications 
• Stage 2: Nationality
• Stage 3: Age Limit Requirements

IDBI ESO 2023 Eligibility Criteria: Educational Qualification

The eligibility criteria for IDBI ESO based on Educational qualification are as follows:

• The Candidate who is going to apply for IDBI ESO must be Graduate from a recognized university. Passing only a diploma course will not be considered as qualifying the eligibility criteria. The university / institute should be recognized / approved by the Government; Government Bodies viz., AICTE, UGC etc.
• The candidate should hold valid mark sheets (year/semester-wise or consolidated) and a degree and/or provisional degree certificate issued by the university, demonstrating that they have completed their graduation by November 1, 2023 (as of the cut-off date).

IDBI ESO 2023 Eligibility Criteria: Age Limit

The eligibility criteria for IDBI ESO based on age are as follows:

• The candidate must fall within the age range of 20 to 25 years to qualify for applying to IDBI Bank Executive positions.
• The candidate's date of birth should be on or after November 2, 1998, and on or before November 1, 2003, inclusive of both dates.

IDBI ESO 2023 Eligibility Criteria: Age Relaxation

IDBI ESO 2023 Eligibility Criteria: Nationality Criteria

An individual eligible for the IDBI ESO Exam must be:

• Resides in India, or
• Is a citizen of Nepal, or
• Is a citizen of Bhutan, or
• Is a Tibetan exile who entered India prior to January 1, 1962, with the intention of settling permanently, or
• Is a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African Countries (Kenya, Uganda, the United Republic of Tanzania, Zambia, Malawi, Zaire, Ethiopia), and Vietnam, with the intention of permanently settling in India.

IDBI ESO 2023-24: Exam Pattern

IDBI will administer an online test for the selection of candidates for the Executive position, as outlined in the IDBI ESO Recruitment 2023. The examination will cover four subjects, and candidates must meet the cutoff marks in each test. Refer to the table below for a detailed overview of the IDBI ESO Exam Pattern 2023. 

Note: 

• The IDBI ESO- Sales & Operations online test will comprise four sections: Reasoning, Quantitative Aptitude, English Language, and General/Economy/Banking Awareness/ Computer/IT.
• The duration of the IDBI ESO online test is set at 120 minutes.
• A total of 200 Multiple Choice Questions will be presented, carrying a weightage of 200 marks.
• In the IDBI ESO Exam Negative marking of 0.25 marks will be applied for each incorrect answer.

IDBI ESO 2023-24: Syllabus

The IDBI ESO 2023-24 syllabus covers essential subjects such as Logical Reasoning and Data Analysis & Interpretation, English language, Quantitative Aptitude and General/Economy/Banking Awareness. Here is the list of complete IDBI ESO 2023 syllabus.

IDBI ESO Syllabus: Logical Reasoning, Data Analysis & Interpretation

The IDBI ESO syllabus for Logical Reasoning, Data Analysis & Interpretation includes the following topics:

IDBI  Executive Syllabus: Logical Reasoning 

• Analogies
• Syllogism
• Coding-Decoding
• Blood Relations
• Direction Sense
• Order and Ranking
• Inequalities
• Puzzles (Floor, box, Schedule, etc.)
• Seating Arrangement (Linear, Circular, Other Figures, etc.)
• Data Sufficiency
• Miscellaneous Reasoning (Alphabet, Number Arrangement, etc.)

IDBI  Executive Syllabus: Data Analysis & Interpretation

• Tabular Data Interpretation
• Bar Graphs
• Line Charts
• Pie Charts
• Mixed Graphs
• Caselet Data Interpretation
• Missing Data Interpretation
• Data Sufficiency
• Mathematical Inequalities
• Time and Work Problems

IDBI ESO Syllabus: English Language

The IDBI ESO syllabus for English Language includes the following topics:

• Reading Comprehension
• Grammar (Error Spotting, Phrase Replacement)
• Vocabulary (Synonyms, Antonyms)
• Sentence Improvement
• Fill in the Blanks
• Cloze Test
• Para Jumbles

IDBI ESO Syllabus: Quantitative Aptitude

The IDBI ESO syllabus for Quantitative Aptitude includes the following topics:

• Number Series
• Simplification/Approximation
• Data Interpretation
• Quadratic Equations
• Time and Work
• Speed, Distance, and Time
• Simple and Compound Interest
• Ratio and Proportion
• Percentages

IDBI ESO Syllabus: General Awareness

The IDBI ESO syllabus for General/Economy/Banking Awareness includes the following topics: 

• Current Affairs (National and International)
• Awards and Honors
• Sports
• Books and Authors
• Important Days
• Science and Technology
• International and National Organizations
• History and Geography (particularly of India)
• Indian Economy
• Indian Constitution
• Political Science
• Art and Culture
• IDBI ESO Syllabus: Economy:
  • Economic Terms and Concepts
  • Indian Economy
  • Budget and Five Year Plans
  • Economic Policies
  • Banking and Financial Awareness
  • RBI and its Functions
  • Inflation
  • Monetary and Credit Policies
  • Financial Markets
• IDBI ESO Syllabus: Banking Awareness:
  • History of Banking
  • Functions of Banks
  • Types of Banks and their Roles
  • RBI and its Roles
  • Banking Terms and Abbreviations
  • Financial and Banking Regulations
  • Financial Institutions in India
  • Recent Developments in the Banking Sector

IDBI ESO 2023-24: Cut offs

The IDBI ESO Cut Offs play a crucial role in determining the success of candidates in the recruitment process. These cut-offs represent the minimum qualifying marks that aspirants must achieve to progress to the next stage of the selection process. The cut-off marks are usually determined based on factors such as the difficulty level of the exam, the number of vacancies, and the overall performance of candidates. Achieving the prescribed cut-off scores is essential for candidates to secure their eligibility for further stages, such as interviews or document verification. Here are the list mentioned below for the previous year cut offs

IDBI ESO 2022-23 Cut Off: Category-wise

IDBI ESO 2022-23 Cut Off: Sectional Cut Off

IDBI ESO 2022-23 Cut Off: Category wise Waiting List

IDBI ESO 2023-24: Job Profile

IDBI ESOs are versatile professionals, excelling in customer service, sales, and operational tasks. From addressing inquiries to managing documentation and handling cash transactions, they contribute significantly to the bank's efficiency. Engaging in sales and cross-selling, they promote various banking products, ensuring compliance with regulations. Executives play a vital role in maintaining customer satisfaction, resolving issues, and supporting overall banking operations. Here is the list of the IDBI ESO Job Profile: 

Customer Service: IDBI ESOs are responsible for providing customer service, addressing inquiries, and assisting customers with their banking needs.

Sales and Marketing: IDBI ESOs play a role in promoting and selling banking products, such as savings accounts, fixed deposits, and loans.

Documentation: Managing and maintaining accurate documentation related to customer accounts, transactions, and other banking processes.

Cash Handling: IDBI ESO Handling cash transactions, including deposits, withdrawals, and other financial transactions, ensuring accuracy and compliance with banking standards.

Cross-Selling: Identifying opportunities to cross-sell additional banking products and services to customers based on their financial needs.

Compliance: Ensuring compliance with banking regulations and policies while executing various banking operations.

Account Management: IDBI ESO Managing and monitoring customer accounts, including resolving any discrepancies, addressing customer complaints, and providing assistance as needed.

Report Generation: IDBI ESO Generating reports related to banking operations and customer activities as required by the bank.

KYC Compliance: Ensuring adherence to Know Your Customer (KYC) guidelines and verifying customer identities for account opening and transactions.

Support Functions: IDBI ESO Assisting in various administrative and support functions within the bank, contributing to the overall efficiency of banking operations.

IDBI ESO 2023-24: Salary

IDBI ESO salaries vary based on experience and roles. Entry-level Executives earn a competitive starting salary, with scope for increments and bonuses as they progress in their careers. The bank offers a comprehensive compensation package, including allowances and benefits, making it attractive for professionals seeking financial stability and growth.

Here is the list of IDBI ESO Salary on the basis of the employment: