IDBI JAM Notification 2024 Released For 500 Posts

Utkarsh Classes 18-09-2023
IDBI JAM Notification 2024 Released For 500 Posts

IDBI JAM Notification 2024 has been issued by the Industrial Development Bank of India to recruit 500 eligible candidates for the post of Junior Assistant Manager (Grade “O”). Online applications for the IDBI Jr Assistant Manager are invited from the eligible candidates. Interested candidates can apply for the IDBI Recruitment 2024 from 12 to 26 February 2024.

IDBI Bank is seeking applications from vibrant and motivated graduates for a one-year Post Graduate Diploma in Banking and Finance (PGDBF) programme. The curriculum includes six months of classroom studies at the designated campus, followed by a two-month internship and four months of On Job Training (OJT) at various IDBI Bank branches, offices and centres. Upon the successful conclusion of the programme, candidates will be conferred with a PGDBF Diploma and subsequently inducted into IDBI Bank as Junior Assistant Managers (Grade 'O').

IDBI JAM Recruitment 2024  

A total of 500 vacancies have been announced to fill through this IDBI JAM Recruitment 2024. IDBI JAM Exam 2024 will take place on 17 March 2024. Candidates who want to apply for this post are advised to thoroughly check the details of IDBI JAM 2024 Recruitment before applying for the recruitment. Scroll down this page to get updates on IDBI JAM 2024 Recruitment.

IDBI JAM Exam 2024: Overview

IDBI JAM Recruitment Notification 2024 has been published with detailed information about IDBI Junior Assistant Manager position. Look at the table for a concise summary of the IDBI JAM Exam 2024 below:-

IDBI Jr. Assistant Manager Exam - Important Updates

Exam Conducting Organization

Industrial Development Bank of India (IDBI)

Exam Name/Post Name

Junior Assistant Manager (JAM), Grade ‘O’ 

Vacancies/Posts

500

Application Dates

12 February to 26 February 2024

Application Mode

Online 

Examination Mode

Online 

Selection Process

  • Online Test 
  • Interview

IDBI JAM Important Dates 2024

IDBI JAM Recruitment Notification 2024 was issued on 7 February 2024 for the 500 vacancies of IDBI JAM post. Important dates related to the IDBI JAM Recruitment 2024 are tabulated for your reference below:-

Event

Date

Notification Release Date

7 February 2024

Application Start Date

12 February 2024

Last Date to Apply

26 February 2024

Exam Date

17 March 2024

Admit Card Release Date

To Be Announced

Answer Key

To Be Announced

Result/Final Selection

To Be Announced

IDBI Jr. Assistant Manager 2024 Recruitment: Important Links

IDBI JAM Online Application 2024 can be submitted till 26 February 2024. Candidates can find a table with all the relevant links for the IDBI JAM 2024 Recruitment below:-

Official Website

IDBI JAM Notification PDF 2024

IDBI JAM Apply Link

IDBI Jr. Assistant Manager Admit Card 2024 (Inactive)

IDBI JAM 2024 Answer Key (Inactive)

IDBI Jr. Assistant Manager Result 2024 (Inactive)

IDBI JAM 2024 Vacancy

Candidates need to grasp the competitive landscape of IDBI recruitment before submitting their applications. IDBI has disclosed a total of 500 vacancies for the IDBI JAM Recruitment 2024. The allocation of vacancies across various categories is detailed in the table below:

                                                  IDBI JAM Vacancy 2024

Category 

Position

UR

203

SC

75

ST

37

EWS

50

OBC

135

Total 

500

PWD

22

IDBI JAM Eligibility Criteria 2024 

Before proceeding with the application for the IDBI Junior Assistant Manager position, candidates must thoroughly review the eligibility criteria. The eligibility criteria for IDBI encompass nationality, age restrictions, and educational qualifications. In this section, we detailed the eligibility requirements for JAM position:

Nationality

Applicants must meet specific citizenship criteria to be eligible for this opportunity. They should either be: 

(a) an Indian citizen, 

(b) a Nepali national, 

(c) a citizen of Bhutan, 

(d) a Tibetan refugee who arrived in India before January 1st, 1962, with the aim of settling permanently, or 

(e) a person of Indian origin who migrated from Pakistan, Myanmar, Sri Lanka, Kenya, Uganda, Tanzania, Zambia, Malawi, Zaire, Ethiopia, or Vietnam, intending to settle permanently in India. 

Note:- Candidates falling under categories (b), (c), (d), or (e) must possess a certificate of eligibility issued by the Government of India to qualify.

Age Limit 

Prospective candidates applying for the IDBI Junior Assistant Manager position must adhere to defined age criteria. The minimum age for eligibility is set at 20 years, and the maximum age allowed is 25 years. Candidates meeting the criteria should have a birth date falling between 31 January 1999, and 31 January  2004.

Relaxation Age

Certain categories are eligible for relaxation in age as per the provisions set by IDBI. It's essential for candidates to review the specifics of age relaxation before applying for the IDBI Recruitment. Below, we outline the category-wise relaxation in age for your reference:

                                                         IDBI Relaxation Age 

Category 

Relaxation Age

Scheduled Caste/Scheduled Tribe

5 Years

Other Backward Classes (Non-Creamy Layer) 

3 Years

Persons With Benchmark Disabilities 

10 Years

Ex-Servicemen, (ECOs)/ (SSCOs) who have rendered at least 5 years military service 

5 Years

Person Affected in 1948 Riots

5 Years

Educational Qualification

Applicants must hold a graduation degree from any discipline, recognized by the Government of India or possess an equivalent qualification acknowledged by the Government of India. Merely completing a diploma course will not meet the eligibility criteria. Candidates are required to demonstrate proficiency in computer skills. Additionally, a preference will be given to candidates who exhibit proficiency in the regional language.

IDBI JAM Application Process

Candidates must apply online for the Junior Assistant Manager position after ensuring they meet the respective eligibility criteria. Submitting multiple applications for the same post will result in immediate rejection without explanation, and any fees paid will be non-refundable. Candidates can follow these steps to apply for the IDBI Recruitment 2024:-

  1. Go to the official IDBI website.
  2. Find the “Careers” section on the homepage and select “Current Openings.”
  3. Find the notification labeled “Recruitment of Junior Assistant Manager (JAM) Through PGDBF- 2024-25.” Then, click on “Apply Online,” which will redirect you to a new page.
  4. Enter your personal and educational details accurately in the provided sections of the application form.
  5. Upload your Photo, Signature, Thumb impression, Hand-written declaration, and Scribe declaration (if applicable).
  6. Complete the application by making the required payment for the application fee.
  7. Click “Submit” to enroll successfully for the IDBI Assistant Manager Training program. Download a copy of the submission for future reference.

Application Fees 

To finalize the IDBI application, candidates are required to remit the applicable application fee within the specified period, from 12 February 2024 to 26 February 2024. The fee structure based on categories is detailed as follows:

IDBI Application Fee 

Category 

Application Fee

SC/ST/PWD 

INR 200/- (Intimation Charges only)

Others

INR 1000/- (Application Fees and Intimation Charges)

IDBI JAM 2024 Selection Process

The IDBI Junior Assistant Manager (JAM) Selection Process for the year 2024 will involve an Online Test, succeeded by a personal interview for candidates who successfully pass the online test. The IDBI JAM Online Test will be objective in nature. Candidates will be invited to participate in the Online Test based on the information provided in their online application forms, subject to later scrutiny.

IDBI JAM Exam Pattern

The online examination structure for both the Junior Assistant Manager (JAM) position will follow this format:

  • The Online Test comprises 200 objective questions.
  • Each correct answer earns 1 mark, while incorrect responses incur a deduction of 0.25 marks.
  • Candidates have a maximum of 2 hours to complete the examination.
  • The test encompasses four subjects: Logical Reasoning, Data Analysis & Interpretation, English Language, Quantitative Aptitude, and General Economy & Banking Awareness.
  • Successful candidates in the Online Test will constitute the pool of shortlisted candidates eligible for the subsequent selection process.

                                          IDBI Exam Pattern For Online Test

Name of the Test

No. Of Questions

Maximum Marks

Duration

Logical Reasoning, Data Analysis & Interpretation

60

60

2 Hours (120 Minutes)

English Language

40

40

Quantitative Aptitude

40

40

General/Economy/Banking Awareness/ Computer/IT

60

60

Total 

200 

200 

2 Hours

IDBI JAM Exam Syllabus 2024

For a strong performance in the online examination and securing a place in the further round, thorough preparation based on the syllabus is imperative. Here's a detailed breakdown of the IDBI Junior Assistant Manager Syllabus:

IDBI Junior Assistant Manager Syllabus 2024

Subject

Topic

Logical Reasoning, Data Analysis & Interpretation

Verbal Reasoning:- Classification, Mathematical Operations, Alpha-Numeric Sequence Puzzle, Venn Diagram, Word Sequence, Missing Characters, Sequential Output Training, Directions, Test on Alphabets, Eligibility Test, Data Sufficiency, Puzzle Test, Blood Relations, Coding-Decoding, Analogy, Verification of truth of Statement, Series Completion, Situation Reaction Test, Direction Sense Test, Assertion & Reasoning & Arithmetical Reasoning

Non-Verbal Reasoning:- Analytical Reasoning, Water Images, Construction of Squares & Triangles, Series, Dot Situation, Figure matrix, Spotting embedded figures, Classification, Rule Detection, Paper Folding, Paper Cutting, Completion of Sentences, Cubes and Dices, Mirror Images, Identical Figure Groupings & Forming figures and analysis

English Language

Reading Comprehension, Cloze test, Sentence Improvement, Error Spotting, Para jumble, Para/Sentence Completion, Sentence Correction & Fill in the blanks

Quantitative Aptitude

Number series, Data Sufficiency, Profit loss & Discount, Simplification and approximation, Permutation & Combination, Data Interpretation, Quadratic Equation, Ratio and Proportion, Probability, Mensuration, Time & Work and Energy, Time and Distance, Relations, Simple interest, Average & Compound Interest

General/Economy/Banking Awareness

Current Affairs, Currencies, Banking Awareness, Headquarters, Prime Minister Schemes, GK Updates, Books and Authors, Important Places, Awards & Important Days

IDBI JAM 2024 Admit Card

The IDBI Admit Card 2024 is a mandatory document for entry into the examination centre and will be issued by the Bank before the exam date. Candidates without this admit card will not gain access to the exam hall. To simplify the process of downloading the IDBI Junior Assistant Manager Hall Ticket, a direct download link format will be made available here. This link will be activated well in advance of the exam date. We advise candidates to regularly check the official website for updates on the release of the admit card.

IDBI JAM Admit Card Link (Inactive)

IDBI JAM Answer Key 2024

IDBI JAM Answer Key 2024 will be uploaded by the IDBI after the examination. Candidates will get the opportunity to raise their objections by paying the specified fee against the answer key. Once the Bank uploads the IDBI JAM Answer Key on its website then we will update the direct link here for your reference:-

IDBI JAM Answer Key Link 2024 (Inactive) 

IDBI JAM 2024 Cut-off Marks 

IDBI Junior Assistant Manager Cut-off Marks will be announced by the IDBI along with the IDBI JAM Result 2024 in a PDF format. Candidates will be able to check the category-wise IDBI JAM Cut-off Marks 2024 after the result declaration. IDBI JAM 2024 Cut-off Marks PDF link will soon be provided below:-

IDBI JAM 2024 Cut-off Marks Link (Inactive)

IDBI JAM Result 2024 

The IDBI Junior Assistant Manager Result 2024 will be available once the examination process concludes. The Bank will publish results for each stage of the selection process on its official website. Candidates can access their IDBI Results through the provided link. Please note that the IDBI Result 2024 Link will become active post-examination completion. For updates regarding the result release, please visit the official website.

IDBI JAM Result Link (Inactive)

IDBI JAM 2024 Salary

Upon joining the Bank's services as Grade 'O', the compensation on a Cost to Company (CTC) basis will fall within the range of Rs.6.14 lakh to Rs.6.50 lakh (applicable to Class A cities) at the time of commencement. Annual increments will be awarded based on performance or other parameters determined by the Bank periodically. Additionally, the appointee will be included under the IDBI Bank Ltd. New Pension Scheme (IBLNPS) rules of 2011, subject to amendments/modifications as made from time to time.

FAQ

The IDBI JAM Notification 2024 was released on 7 February 2024.

There are a total of 500 vacancies for the IDBI Junior Assistant Manager position in the 2024 recruitment.

The application window for IDBI JAM Recruitment 2024 is open from 12 February to 26 February 2024.

Candidates applying for IDBI JAM 2024 must be between 20 and 25 years of age, with a birth date falling between 31 January 1999 and 31 January 2004.

The selection process includes an Online Test followed by a personal interview for candidates who pass the online test.

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