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IDBI JAM PGDBF Overview

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IDBI JAM PGDBF Recruitment 2024

The Industrial Development Bank of India (IDBI) will announce the IDBI JAM PGDBF Recruitment 2024 on the official website https://www.idbibank.in/. This presents a great opportunity for individuals aspiring to begin their banking career. They offer training in Banking and Finance to young graduates who wish to work with IDBI Bank. The training includes 6 months of classroom studies at the respective campuses, followed by a 2-month internship and a 4-month Job Training (OJT) at IDBI Bank branches/offices/centers. Upon successful completion of the course, candidates will receive a PGDBF Diploma and be employed as Junior Assistant Managers (Grade 'O') at IDBI Bank, provided they meet the eligibility criteria outlined in the advertisement. Depending on availability and business needs, IDBI Bank will select candidates from the West and South Zones through Manipal (MGES) Bengaluru, and from the East and North Zones through Nitte (NEIPL) Greater Noida.

IDBI JAM PGDBF Recruitment 2024 Overview

The following table will provide a detailed understanding of the IDBI JAM PGDBF Recruitment 2024.

IDBI JAM PGDBF Recruitment 2024 Overview
ParticularsDetails
Name of OrganizationIndustrial Development Bank of India (IDBI)
PostJunior Assistant Manager through PGDBF
No. of VacanciesTo be notified
Mode of Exam

Phase I – Online Test 

Phase-II – Personal Interview 

Selection Process 

Online Test

Personal Interview

Official Websitehttps://www.idbibank.in/

IDBI JAM PGDBF Recruitment 2024 Important Dates

The table below will give you a clear idea of the IDBI JAM PGDBF Recruitment 2024 timeline.

IDBI JAM PGDBF Recruitment 2024 Important Dates
EventDate
IDBI JAM PGDBF JAM Recruitment 2024 NotificationTo be Notified
Online Registration Start DateTo be Notified
Last Date To Apply OnlineTo be Notified
Last Date to Edit DetailsTo be Notified
Last Date for PaymentTo be Notified
Last Date to Print the Application formTo be Notified
IDBI JAM PGDBF Admit Card 2024 Release DateTo be Notified
IDBI JAM PGDBF JAM Exam Date 2024To be Notified
IDBI JAM PGDBF Result 2024 Declared DateTo be Notified
IDBI JAM PGDBF Interview Call LetterTo be Notified
IDBI JAM PGDBF Interview Result 2024To be Notified

IDBI JAM PGDBF Vacancy 2024

IDBI JAM PGDBF Recruitment 2024 will be released soon on the official website. There are a total of 600 open positions for IDBI Assistant Manager Exam. The table below provides a detailed overview of these vacancies.

 

 

Essential Qualification

 

Age (years) as on 31/08/202

3

 

 

Date of online Test (Tentative)

 

 

Number of vacancies (last year)

 

Reserved for

 

UR

 

SC

 

ST

 

EWS

 

OBC

PWD
VIOHHI

MD/

ID

Graduate in any discipline from a

recognized university

Minimum 20

Maximum 25*

 

 

To be Notified

 

 

600#

 

 

243

 

 

90

 

 

45

 

 

60

 

 

162

 

 

14

 

 

11

 

 

13

 

 

13

How to Apply Online IDBI JAM PGDBF Recruitment 2024

To apply online for the IDBI JAM PGDBF (Post Graduate Diploma in Banking and Finance) program, follow these steps:

Step 1: Go to the official website of IDBI Bank or the specific webpage dedicated to the PGDBF program.

Step 2: Look for the "Recruitment" or "Careers" section on the website. You may find a specific link for the PGDBF program under the recruitment section.

Step 3: Carefully read the notification or advertisement for the IDBI JAM PGDBF program to understand the eligibility criteria, important dates, and other details.

Step 4: If you meet the eligibility criteria, click on the registration link/button. You will be directed to a registration page where you need to provide basic details such as your name, email address, phone number, etc. Create a unique username and password for your account.

Step 5: After registration, log in to your account using the credentials you created. Complete the application form with accurate personal, educational, and contact details. Make sure to double-check all the information before submitting the form.

Step 6: Upload scanned copies of necessary documents such as your photograph, signature, educational certificates, etc., as per the specifications mentioned in the application form.

Step 7: Pay the application fee online using a debit card, credit card, or internet banking. Ensure that you pay the correct amount as specified in the notification.

Step 8: Before final submission, review the entire application form to ensure that all details provided are correct. Make any necessary corrections if required, and then submit the form.

Step 9: After successful submission, download or print a copy of the completed application form for your reference. Keep it safe for future correspondence.

Step 10: Upon successful submission of the application form and payment of the fee, you will receive a confirmation message or email. Note down any registration number or reference ID provided for future communication.

Step 11: Keep checking the official website for updates regarding the release of admit cards for the online exam or other stages of the selection process. Download your admit card once it is available.

Make sure to adhere to the deadlines mentioned in the notification and complete the application process well within the specified timeframe.

IDBI JAM PGDBF Application Fees 2024

The application fees for applying IDBI JAM PGDBF 2024 are as follows:

IDBI JAM PGDBF Application Fees 2024
CategoryAmount (Rs.)
SC/ST/PWDRs.200 (Intimation charges only)
FOR ALL OTHERSRs.1000 (Application fee + Intimation charges)

IDBI JAM PGDBF 2024 Eligibility Criteria

The IDBI JAM PGDBF Eligibility Criteria are categorized under the three bases i.e.

  • Age
  • Nationality 
  • Educational Qualification

IDBI JAM PGDBF 2024 Age Limit

The age limit is an important criterion that candidates must know when applying for the IDBI JAM PGDBF 2024 Exam. Candidates within the age bracket of 20 to 25 years are eligible to apply online for the IDBI JAM PGDBF 2024.

IDBI JAM PGDBF 2024 Age Limit
Minimum Age20 Years 
Maximum Age25 Years

IDBI JAM PGDBF 2024 Age Relaxation

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

IDBI JAM PGDBF 2024 Nationality

Applicant must be either 

(i) a citizen of India, or 

(ii) a subject of Nepal, or 

(iii) a subject of Bhutan, or 

(iv) a Tibetan refugee (who came over to India before 1st January 1962) with the intention of permanently settling in India or 

(v) a person of Indian origin, who have migrated from Pakistan, Myanmar (formerly Burma), Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malwai, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. 

Provided that an applicant belonging to categories (ii), (iii), (iv) or (v) above shall be a person in whose favour a certificate of eligibility has been issued by Government of India. The applicant, in whose case a certificate of eligibility is necessary, may participate in the selection process conducted by the IDBI Bank, but on final selection, the offer of appointment may be given only after the necessary eligibility certificate has been issued to him/ her by the Government of India.

IDBI JAM PGDBF 2024 Educational Qualifications

According to the IDBI Junior Assistant Manager notification 2024 PDF, the educational qualification requirements (as of January 31, 2024) are as follows:

  • Candidates must hold a bachelor's degree in any discipline from a university recognized by the Government of India or any equivalent qualification recognized by the Central Government.
  • Completion of only a diploma course will not suffice to meet the eligibility criteria.
  • Candidates are required to demonstrate proficiency in computer skills.
  • Preference will be given to candidates who exhibit proficiency in a regional language.

IDBI JAM PGDBF 2024 Selection Process

The selection process for IDBI JAM PGDBF (Post Graduate Diploma in Banking and Finance) program typically involves multiple stages. Here's a general overview:

  • Online Exam: The first stage usually consists of an online exam covering sections like Quantitative Aptitude, Reasoning Ability, English Language, General Awareness, and Banking Awareness. Candidates need to qualify in each section to proceed further.
  • Personal Interview (PI): Those who clear the Online Exam move on to the personal interview stage. In the PI, candidates are evaluated on various parameters including their academic background, banking awareness, general awareness, communication skills, and personality traits.

The final selection is based on the cumulative performance of candidates in the online exam, and personal interview. Merit lists are prepared, and candidates are offered admission to the PGDBF program based on their ranks and availability of seats.

IDBI JAM PGDBF 2024 Exam Pattern

As per the official notification, IDBI JAM PGDBF 2024 has 4 section i.e. Logical Reasoning, Data Data Analysis & Interpretation, English Language, Quantitative Aptitude & General/Economy/Banking Awareness. The total time duration for the exam is 2 Hours. There will be a 0.25 mark penalty for wrong answers. No marks will be deducted for unattempt questions.

IDBI JAM PGDBF 2024 Exam Pattern
S. NoName of the TestNo. Of QuestionsMaximum MarksDuration
1

Logical Reasoning, Data Analysis

& Interpretation

6060

Composite time

of 2 hours

2English Language4040
3Quantitative Aptitude4040
4General/Economy/Banking Awareness60

60

 

IDBI JAM PGDBF 2024 Syllabus

Here is the complete list of the all 4 subjects of IDBI JAM PGDBF 2024 are as follows: 

IDBI JAM PGDBF 2024 Syllabus For Quantitative Aptitude

The IDBI JAM PGDBF 2024 Syllabus for Quantitative Aptitude are as follows: 

  • Vedic Maths
  • Number System
  • Partnership
  • Simplification
  • Ratio and Proportion
  • Problem on Ages
  • Profit and Loss
  • Percentage
  • Quadratic Equations
  • Approximation
  • Averages
  • Number Series (Missing and Wrong)
  • Simple and Compound Interest
  • Time Speed and Distance (Boats and Stream; Trains)
  • Time and Work (Pipes and Cistern)
  • Probability
  • Permutation and Combination
  • Mensuration
  • Data Sufficiency
  • Quantity Comparison

IDBI JAM PGDBF 2024 Syllabus For General/Economy/Banking Awareness

The IDBI JAM PGDBF 2024 Syllabus for General/ Economy/ Banking Awareness are as follows:

  • Evolution of Banking in India
  • Know Your Central Bank (RBI)
  • Monetary Policy Committee (MPC)
  • International Financial Institutions
  • Types of Accounts, ATMs, Cheques
  • Payment Systems in India
  • Currency Management
  • Money Market & Capital Market
  • Shares and Debentures
  • PSL and Types of Risk in banking
  • Miscellaneous

IDBI JAM PGDBF 2024 Syllabus For English Language

The IDBI JAM PGDBF 2024 Syllabus for English Language are as follows: 

  • Noun
  • Pronoun
  • Verb
  • Adjectives
  • Adverbs
  • Active-Passive
  • Direct and Indirect
  • Preposition
  • Conjunction
  • Subject verb agreement
  • Tenses
  • Error Detection
  • Reading Comprehension
  • Cloze test
  • Connectors
  • Phrase Correction
  • Para Completion
  • Descriptive (Letter and Essay)
  • Sentence completion
  • Para Jumbles

IDBI JAM PGDBF 2024 Syllabus For Logical Reasoning, Data Analysis

& Interpretation

The IDBI JAM PGDBF 2024 Syllabus for Logical Reasoning, Data Analysis & Interpretation are as follows:

  • Data Interpretation
  • Blood Relation
  • Directions
  • Rankings
  • Computer Aptitude
  • Coding-Decoding
  • Syllogisms
  • Puzzles
  • Input and Output
  • Data Sufficiency
  • Seating Arrangements
  • Critical reasoning
  • Miscellaneous Reasoning (Prelims)
  • Miscellaneous Reasoning (Mains)

IDBI JAM PGDBF 2024 Salary

Candidates who are going to apply for the upcoming IDBI JAM PGDBF 2024 Exam, must be aware of the salary. Here is a brief explanation of the IDBI JAM PGDBF 2024 Salary: 

  • Candidates who successfully clear the test and interview and enroll in the program will be provided a monthly stipend of ₹5000 for a training period of 6 months. During the 2-month internship, candidates will receive a stipend of ₹15,000.
  • Upon completion of the PGDBF course and subsequent employment with the bank, candidates will receive a compensation package (CTC) ranging from Rs. 6.14 lakh to Rs. 6.50 lakh (applicable for Class A cities) upon joining.

Exam Date

To be notified

Total Vacancies

To be notified

Pricing Plan

Flexible pricing options for all the aspirants

FAQs

What is the IDBI JAM PGDBF 2024 Exam?

IDBI JAM PGDBF (Post Graduate Diploma in Banking and Finance) is an exam conducted by the Industrial Development Bank of India (IDBI) to recruit candidates for the post of Assistant Manager Grade 'A' in the bank.

Who conducts the IDBI JAM PGDBF 2024 Exam? +

The IDBI JAM PGDBF 2024 Exam is conducted by the Industrial Development Bank of India (IDBI).

What is the eligibility criteria for the IDBI JAM PGDBF 2024 Exam? +

Candidates must possess a Bachelor's degree in any discipline from a recognized university with minimum 60% marks (55% for SC/ST/PWD) for IDBI JAM PGDBF 2024 Exam.

What is the selection process for the IDBI JAM PGDBF 2024 Exam? +

The IDBI JAM selection process usually includes 2 Stages: Online Test Personal Interview

Is there any negative marking in the IDBI JAM PGDBF 2024 Exam? +

Yes, there is usually a penalty for wrong answers. For each incorrect answer, 0.25 marks are deducted from the total score.

How can I apply for the IDBI JAM PGDBF 2024 Exam? +

Candidates can apply for the IDBI JAM PGDBF 2024 Exam through the official website of IDBI Bank when the application window is open. They need to register, fill in the application form, upload necessary documents, and pay the application fee online.

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