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The Money Desk · Blog
Re:

IDBI Bank Executive Recruitment 2024: The 160-Post Claim and Deadline Don’t Match the Linked Notice

The June 7, 2024 deadline and 160-post claim do not match the linked IDBI notice, which covers 1,036 contractual Executive vacancies in 2023–24.
From TheFinanceBase Team3 min to read

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The article’s claim of 160 IDBI Bank Executive posts with a June 7, 2024 deadline is not supported by the official notice linked from it. That document is IDBI Advertisement No. 03/2023-24, for 1,036 Executive (on Contract) vacancies, with applications closing June 7, 2023. The 2024 application period is historical; check IDBI’s official careers page for current openings.

Does the linked notice confirm 160 Executive posts in 2024?

No. Scroll.in’s article states that there were 160 Executive posts and that June 7, 2024 was the last date to apply, but its linked official PDF is for a different recruitment. The document is IDBI Bank Advertisement No. 03/2023-24, titled “Recruitment of Executives (on Contract) 2023-24.” It lists 1,036 vacancies and gives June 7, 2023—not June 7, 2024—as the last date to register and pay the fee.

This is a material mismatch between the article’s headline and the document presented as its notification. The available official document does not verify the 160-post figure or a June 7, 2024 application deadline. It also does not establish that no separate 2024 notice existed; the specific 160-post claim remains unverified.

What the linked IDBI notice actually covered

The following details belong only to Advertisement No. 03/2023-24. They are not confirmed eligibility or recruitment terms for the article’s 2024 claim.

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Item Terms in the 2023–24 notice
Posts 1,036 Executive (on Contract) vacancies. The notice said the number was provisional and could be changed or cancelled by the Bank.
Application window May 24 to June 7, 2023, inclusive, for online registration and fee payment.
Online test July 2, 2023, listed as tentative.
Age and education Age 20–25 as of May 1, 2023, and graduation from a recognized university. A diploma alone did not qualify; computer literacy and supporting documents were also required.
Fee ₹200 in intimation charges for SC/ST/PwBD applicants; ₹1,000 in application and intimation charges for other applicants. Online payment only; charges were non-refundable.
Selection stages Online test, document verification and pre-recruitment medical test.
Employment terms Initial one-year contract, extendable year by year for up to two further years subject to performance and other conditions.

What was the exam pattern in the 2023–24 notice?

The notice set a two-hour composite online test, with one-fourth of the marks assigned to a question deducted for a wrong answer.

Section Questions and marks
Logical Reasoning, Data Analysis & Interpretation 60
English Language 40
Quantitative Aptitude 40
General/Economy/Banking Awareness/Computer/IT 60

What did the contract pay, and did it guarantee a permanent job?

For the 2023–24 recruitment, the notice set fixed monthly remuneration at ₹29,000 in the first contract year, ₹31,000 in the second and ₹34,000 in the third. These figures apply to that notice, not to a verified 2024 recruitment.

After three years of contractual service, appointees could become eligible for a separate Bank selection process for Assistant Manager (Grade A). The notice did not promise automatic or guaranteed regular appointment; eligibility was subject to the Bank’s prevailing policy and available vacancies.

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Where should applicants check for current IDBI vacancies?

The 2023 application window closed on June 7, 2023, and the 2024 date stated in the article has also passed. IDBI’s careers listing distinguishes its 2024–25 Junior Assistant Manager and Executive Sales and Operations recruitment from the older 2023–24 recruitment and related process materials. For any live vacancy, dates or application instructions, use the official IDBI Bank careers page and read the matching advertisement before applying.

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IDBI’s careers and results page warns that the Bank has encountered fake job offers and advises the public to be cautious. Verify that a recruitment notice and application route are on IDBI’s official channels; do not rely on a headline or an expired application link to establish that a vacancy is open.

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