Salary and Benefits of idbi executive Exam 2024

The Idbi Executive Exam is a national-level examination conducted by the Industrial of India (IDBI) to recruit executives for various positions in the bank. The exam is held every year and is open to candidates who have a graduate degree in any discipline.

The IDBI Executive Exam is a two-stage exam. The first stage is the Preliminary Examination, which is a computer-based test. The second stage is the Main Examination, which is a written test. The Main Examination consists of two papers: Paper I (General Studies) and Paper II (Professional Knowledge).

The IDBI Executive Exam is a very competitive exam and the selection rate is very low. However, the salary and benefits offered by IDBI are very attractive. The starting salary for an IDBI Executive is around Rs. 30,000 per month. The salary increases with seniority and experience. IDBI also offers a number of other benefits, such as housing allowance, medical allowance, and leave travel allowance.

The IDBI Executive Exam is a great opportunity for candidates who are looking for a challenging and rewarding career in Banking. The exam is not easy to crack, but the rewards are definitely worth the effort.

Here are some of the benefits of being an IDBI Executive:

  • Competitive salary: The starting salary for an IDBI Executive is around Rs. 30,000 per month. The salary increases with seniority and experience.
  • Good benefits: IDBI offers a number of other benefits, such as housing allowance, medical allowance, and leave travel allowance.
  • Job security: IDBI is a public sector bank and offers job security to its employees.
  • Growth opportunities: There are ample growth opportunities for IDBI Executives. They can move up the ladder and take on more challenging roles.
  • Prestige: IDBI is a well-known and respected bank. Working for IDBI is a matter of prestige.

If you are looking for a challenging and rewarding career in banking, then the IDBI Executive Exam is the right choice for you. The exam is not easy to crack, but the rewards are definitely worth the effort.

What is the IDBI Executive Exam?

The IDBI Executive Exam is a national-level examination conducted by the Industrial Development Bank Of India (IDBI) to recruit candidates for the post of Executive in the bank. The exam is held every year in two phases: the Preliminary Examination and the Main Examination.

What are the eligibility criteria for the IDBI Executive Exam?

To be eligible for the IDBI Executive Exam, candidates must have a Bachelor’s degree in any discipline from a recognized university with at least 50% marks in aggregate. Candidates must also be between the ages of 21 and 30 years as on the 1st of January of the year in which the exam is held.

What are the syllabus and pattern of the IDBI Executive Exam?

The syllabus for the IDBI Executive Exam covers topics such as General English, Quantitative Aptitude, Reasoning Ability, General Knowledge, and Current Affairs. The exam is conducted in two phases: the Preliminary Examination and the Main Examination.

The Preliminary Examination is a objective-type paper of 100 questions, each carrying 1 mark. The duration of the paper is 1 hour and 30 minutes. The Main Examination is a two-day examination consisting of four papers: Paper I (General Studies), Paper II (Economics), Paper III (Finance), and Paper IV (Banking and Financial Markets). Each paper is of 200 marks and the duration of each paper is 3 hours.

What are the exam centers for the IDBI Executive Exam?

The exam centers for the IDBI Executive Exam are located all over India. Candidates can choose their preferred exam center while filling up the application form.

What is the application fee for the IDBI Executive Exam?

The application fee for the IDBI Executive Exam is Rs. 1000 for General/OBC candidates and Rs. 500 for SC/ST/PWD candidates. The application fee can be paid online through the bank’s website.

What is the selection process for the IDBI Executive Exam?

The selection process for the IDBI Executive Exam consists of the following stages:

  1. Preliminary Examination
  2. Main Examination
  3. Interview

The candidates who qualify in the Preliminary Examination will be called for the Main Examination. The candidates who qualify in the Main Examination will be called for the Interview. The final selection will be based on the performance of the candidates in the Preliminary Examination, Main Examination, and Interview.

What is the salary and benefits of IDBI Executive?

The salary and benefits of IDBI Executive are very attractive. The starting salary of an IDBI Executive is around Rs. 30,000 per month. The bank also offers a number of other benefits such as housing allowance, medical allowance, and leave travel allowance.

What are the career prospects of IDBI Executive?

The career prospects of IDBI Executive are very good. The bank offers a number of opportunities for growth and development. The bank also offers a number of lateral entry opportunities for candidates with experience in other fields.