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IDBI JAM PGDBF Notification 2024

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IDBI JAM PGDBF Notification

IDBI JAM PGDBF 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 Notification 2024To 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 2024To be Notified
IDBI JAM PGDBF JAM Exam Date 2024To be Notified
IDBI JAM PGDBF Result 2024To be Notified
IDBI JAM PGDBF Interview Call LetterTo be Notified
IDBI JAM PGDBF Interview ResultTo be Notified

IDBI JAM PGDBF Vacancy 2024

IDBI JAM PGDBF Notification 2024 will be released soon on the official website. Last year, total of 600 open positions for IDBI Assistant Manager Exam 2024. 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

 

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

IDBI JAM PGDBF Application Fees 2024

The Fee for applying IDBI JAM PGDBF Application Fees 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 Eligibility Criteria 2024

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

  • Age
  • Nationality 
  • Educational Qualification

IDBI JAM PGDBF Age Limit 2024

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 Age Limit 2024
Minimum Age20 Years 
Maximum Age25 Years

IDBI JAM PGDBF 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 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 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 Selection Process 2024

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 Exam Pattern 2024

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 unattempted questions.

IDBI JAM PGDBF Exam Pattern 2024
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 Salary 2024

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

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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