IDBI Bank is hiring for the role of Executive – Sales and Operations (ESO) on a contractual basis for 2025-26. Explore eligibility criteria, salary, selection process, and apply online from November 7 to November 16, 2024. Discover how you can take your first step into a promising banking career.

Overview of IDBI Bank ESO Recruitment 2024-25

IDBI Bank, a trusted name in the financial sector, invites eligible candidates to apply for the position of Executive – Sales and Operations (ESO) on a contractual basis. This role offers a unique entry opportunity for motivated individuals aiming to build a career in the banking industry. As an ESO, you will gain practical experience in sales and operational duties, providing an ideal foundation for future growth within the banking sector. Here’s everything you need to know about the job, eligibility criteria, application process, and more.

Job Overview

This job role is designed to equip candidates with essential skills and experience in both the sales and operational aspects of the banking industry. It serves as a strong stepping stone toward career progression within IDBI Bank or other financial institutions.

Vacancy and Reservation Details

IDBI Bank has announced 1,000 tentative vacancies for the ESO role, with a breakdown across various reservation categories to ensure equal opportunity. The table below details the distribution:

Note: These vacancies are provisional and may be modified as per the bank’s discretion.

Important Dates to Remember

The recruitment process follows a strict timeline, so make sure to note these essential dates:

Note: All candidates are advised to keep an eye on IDBI Bank’s official website for any updates or changes to these dates.

Eligibility Criteria

To apply for the ESO role, candidates must meet specific age and educational requirements.

Age Limit

• Minimum Age: 20 years
• Maximum Age: 25 years
• Eligible Birth Range: Applicants born between October 2, 1999, and October 1, 2004, meet the age criterion.

Educational Qualification

• Required Qualification: Candidates must have completed their graduation in any discipline from a university recognized by the Government, such as those approved by AICTE or UGC.
• Computer Literacy: Basic computer proficiency is mandatory to perform tasks effectively in the role.

Age Relaxation

Certain categories are eligible for age relaxation as outlined below:

Selection Process

The selection process for the ESO role involves a structured set of evaluations, including an online test and personal interview, followed by a pre-recruitment medical test. Here’s a detailed look at each step:

1. Online Test

Candidates are required to take an online test that evaluates various competencies including logical reasoning, English, quantitative aptitude, and general/economy awareness. The test details are as follows:

• Total Marks: 200
• Duration: 120 minutes
• Penalty for Wrong Answers: 0.25 marks will be deducted for each incorrect answer.

The test is bilingual (except for the English Language section) and candidates must meet the minimum score in each section and in the total score to qualify.

2. Personal Interview (PI)

Candidates who meet the online test cut-off will proceed to a personal interview. The PI carries 100 marks and candidates must secure at least 50% (45% for SC/ST/OBC/PwBD) to qualify.

3. Final Selection and Offer

The final selection is based on combined scores from the online test and personal interview. The formula for the final score is as follows:

Final Score = (3/4 of Online Test Score) + (1/4 of Interview Score)

After successfully passing the medical fitness test, the selected candidates will receive an offer of employment.

Salary Structure and Benefits

Note: As a contractual position, ESOs will not receive allowances such as DA or HRA. However, candidates will be covered under IDBI Bank’s New Pension Scheme (IBLNPS) during their contract period. Upon transitioning to a permanent position as a Junior Assistant Manager (JAM) after two years, candidates may receive a comprehensive salary package.

Career Growth Opportunities

The ESO role is initially offered as a one-year contract, with the possibility of yearly extensions based on individual performance, the bank’s needs, and other criteria. Those who complete two years of service successfully become eligible to apply for Junior Assistant Manager (JAM), Grade ‘O’ positions through an internal selection process.

The starting CTC for Junior Assistant Managers in Class A cities ranges between Rs.6.14 lakh and Rs.6.50 lakh per annum. This provides an excellent pathway for individuals looking to build a long-term career in banking.

Application Process for IDBI Bank ESO Role

Follow these steps to apply for the Executive – Sales and Operations (ESO) role at IDBI Bank:

How to Apply

1. Visit the Official Website: Go to IDBI Careers and locate the “Recruitment of Executives – Operations and Sales (ESO)” section.
2. Click on Apply Online: Under this section, you’ll find an “Apply Online” button. Click it to start the application process.
3. New Registration: For those applying for the first time, select “Click here for New Registration.” Enter your name, contact details, and email ID.
4. Fill in Application Details: Complete all sections of the online form carefully, ensuring accuracy in each field.
5. Upload Required Documents: You’ll need to upload a recent passport-sized photograph, your signature, a thumb impression, and a handwritten declaration.
6. Pay the Application Fee: Choose the appropriate category for payment and pay the application fee online. Here are the fee details:

7. Submit Your Application: Once you’ve reviewed all details, submit the form. Make a note of the provisional registration number generated for reference.

Important Links:

NOTIFICATION PDF

APPLY ONLINE

Important Application Guidelines

• Multiple Applications: Only one application will be considered valid. In case of multiple submissions, the latest completed application will be retained, and fees for other registrations will not be refunded.
• Personal Details: Make sure that your name, contact number, and email address are accurate, as these will be used for communication throughout the recruitment process.
• Adherence to Guidelines: Candidates are advised to follow the application guidelines provided on the official website to avoid disqualification.

Frequently Asked Questions (FAQs)

1. What is the last date to apply?

The online application window is open from November 7 to November 16, 2024. All candidates are encouraged to complete their applications well in advance.

2. Can I apply if I hold a diploma?

No, a diploma alone does not

meet the eligibility criteria. Candidates must have completed a graduate degree from a recognized university.

3. Is this a permanent position?

No, this is a contractual position, with potential for an extension or promotion based on performance. After two years, candidates may become eligible for a regular position as a Junior Assistant Manager.

4. Are age relaxations available?

Yes, age relaxations are offered for SC/ST/OBC/PwBD candidates and other categories as per government guidelines.

5. How will I know if I’m shortlisted?

Shortlisted candidates will be notified via email. They can also check the status on the IDBI Bank website in the Careers section.

6. What if I face technical issues while applying?

If you encounter technical difficulties during the application process, IDBI Bank’s official website provides customer support contact details. You can reach out for assistance with your application.

Disclaimer

This article is intended for informational purposes only. We are not affiliated with IDBI Bank, nor do we charge any fee for providing this information. All details in this article have been sourced directly from IDBI Bank’s official recruitment notification to ensure accuracy. For official updates, please visit the IDBI Bank website.

This recruitment opportunity could be the beginning of a rewarding career with IDBI Bank. Be sure to prepare for each stage of the recruitment process, complete your application on time, and stay updated on IDBI’s official website for any new notifications.

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