Good news for banking aspirants! IDBI Bank has officially launched its recruitment drive for Junior Assistant Manager (JAM) positions. The bank is looking to fill 650 vacancies through its Post Graduate Diploma in Banking and Finance (PGDBF) program for the 2025-26 batch.
Key Details at a Glance
| Item | Information |
|---|---|
| Position | Junior Assistant Manager (Grade ‘O’) |
| Vacancies | 650 |
| Education | Any graduate degree |
| Age Limit | 20-25 years (as of March 1, 2025) |
| Application Dates | March 1 – March 22, 2025 |
| Exam Date | April 6, 2025 (Tentative) |
| Starting Salary | ₹6.14 – 6.50 lakhs per annum |
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What is the PGDBF Program?
The Post Graduate Diploma in Banking and Finance is a specialized one-year training program designed to prepare candidates for a banking career. IDBI Bank conducts this program in partnership with two educational institutions:
- UMGES, Bengaluru
- Nitte Education International Pvt. Ltd., Greater Noida
The program structure includes:
- 6 months of classroom training
- 2 months of internship
- 4 months of On-Job Training (OJT) at IDBI Bank branches
During this period, candidates receive:
- ₹5,000 per month during classroom training
- ₹15,000 per month during the internship
After successful completion, candidates are appointed as Junior Assistant Managers at IDBI Bank with competitive salary packages.
Eligibility Requirements
Educational Qualification
- Graduation in any discipline from a recognized university
- Basic computer proficiency
- Regional language knowledge (preferred)
- Final-year students can apply but must complete graduation by March 1, 2025
Age Criteria
Candidates must be between 20-25 years of age as of March 1, 2025 (born between March 1, 2000, and March 1, 2005). Age relaxation applies for reserved categories as per government guidelines.
Course Fee and Financing
The PGDBF program costs ₹3,00,000 plus GST. Understanding this is a significant investment, IDBI Bank offers an education loan option to help candidates finance their training. This loan can be repaid gradually after securing employment with the bank.
Selection Process Explained
The selection process consists of two main stages:
- Online Test (75% weightage)
- Objective-type examination
- Total marks: 200
- Tests aptitude, reasoning, English, and banking awareness
- Personal Interview (25% weightage)
- Evaluates communication skills and banking knowledge
- Assesses suitability for customer-facing roles
Candidates who clear both stages are selected for the PGDBF program, leading to appointment as Junior Assistant Managers.
Service Bond
Selected candidates must sign a service agreement committing to work with IDBI Bank for at least 3 years after appointment. Early exit requires payment of ₹2,00,000 plus taxes and settlement of any outstanding education loan.
How to Apply
The application process is entirely online:
- Visit IDBI Bank’s official website: idbibank.in
- Navigate to the “Career” section
- Find and click on “Recruitment for IDBI-PGDBF 2025-26”
- Register with your email ID and phone number
- Complete the application form
- Upload required documents (photograph, signature, etc.)
- Pay the application fee
- Submit and print your application for reference
Application Fee
- General/OBC/EWS candidates: ₹1,050
- SC/ST/PWD candidates: ₹250
Payment can be made using a debit card, credit card, internet banking, or UPI.
Why Consider This Opportunity?
The IDBI Junior Assistant Manager position offers several advantages:
- Structured Entry: The PGDBF program provides a smooth transition from academics to banking
- Job Security: Banking remains one of the more stable career options
- Career Growth: Clear path for advancement to higher positions
- Comprehensive Training: Gain both theoretical knowledge and practical experience
- Competitive Salary: Attractive compensation package for entry-level positions
Important Dates
- Application opens: March 1, 2025
- Application closes: March 22, 2025
- Online examination: April 6, 2025 (Tentative)
Preparation Tips
If you’re planning to apply, focus on:
- Banking awareness and financial concepts
- General knowledge and current affairs
- Reasoning and numerical ability
- English language skills
- Computer literacy
The competition for these positions is typically high, so thorough preparation is essential, particularly for the online test which carries 75% weightage in the final selection.
Final Thoughts
The IDBI Bank Junior Assistant Manager recruitment represents an excellent opportunity for graduates seeking a career in the banking sector. With formal training, practical experience, and guaranteed placement upon successful course completion, it offers a structured pathway into the financial services industry.
Don’t miss the application deadline of March 22, 2025, if you meet the eligibility criteria and are interested in pursuing a banking career.
