IDBI Bank and Manipal Global Education Services have entered into a MoU, to provide training in Banking and Finance to young, dynamic graduates or students in final year of their graduation who aspiring to join IDBI bank as Assistant Manager Grade “A”. Applications are invited for admissions in IDBI Manipal School of Banking for 1 year full-time Post Graduate Diploma in Banking and Finance (PGDBF). Candidates on successfully completion of the course will be awarded PGDBF from Manipal University and inducted into IDBI Bank as Assistant Manager Grade A.
| Schedule | Dates |
| Online Payment Dates | 30th June 2014 – 12th July 2014 |
| Date of Examination (Tentative) | 22nd August 2014 |
Eligibility Criteria –
1) Qualification (As on 01.06.2014) –
Graduation Degree in any discipline from a Recognized University
Students appearing in final year degree exams can also apply subject to their submitting the Final Degree Mark Sheet & Provisional Certificate on or before 12th July 2014.
2) Age – Minimum 20 years – Maximum 26 years (As on 01.06.2014).
How to Apply
Candidates can apply online only from 30th June 2014 – 12th July 2014 through IDBI Bank Career page, no other mode of application will be accepted.
Application Fees
SC/ST/PWD – Rs. 100/-
Others – Rs. 600/-
Selection Process
Candidates shall be selected through a selection process consisting of an Online Exam followed by Personal Interview.
| Type | Sr. No. | Name of the Test | No. of Qs. | Max. Marks | Time |
| Objective (Online) | 1 | Reasoning | 50 | 50 | Composite Time of 2 hours |
| 2 | Quantitative Aptitude | 50 | 50 | ||
| 3 | English Language | 50 | 50 | ||
| 4 | General Awareness | 50 | 50 |
Personal Interview
• Candidates successful in the Online Exam, will be called for Personal Interview.
• Candidates have the option to answer the interview questions in Hindi or English.
• Candidates qualifying the personal interview shall be considered for final short listing.
Programme Fees
The fees for the Course is Rs. 3.50/- lakhs (Three Lakh Fifty Thousand Only) all inclusive of boarding, lodging and course fees, other fees, etc. plus service taxes, as applicable to be paid by the student.
Students can finance the course fees by availing an Education Loan which will be granted by IDBI Bank. The EMIs for the loan would start once the candidate have joined the bank as Assistant Manager.
Stipend & Emoluments
• During the Training Period (9 Months) – Rs 2500/- per month
• During the Internship Period (3 Months) – Rs 10000/- per month
On successful completion of the course, candidate will be eligible for the extant basic pay applicable to Assistant Managers in Grade A i.e. Rs 14,400/- per month in the pay scale of 14400-1000(19)-33400-1250(6)-40900 (26 years).
Service Bond – Selected candidates, at the time of joining the course will have to execute a Service Bond for serving the bank for a minimum period of 3 years. In case they decide to leave before completion of 3 years the will have to pay a notional amount of Rs 2 lakh + clear his/her outstanding educational loan dues at the applicable card rate.
Keywords – Graduates, Freshers, Without IBPS, Probationary Officers
Find more details on IDBI Manipal School of Banking PO Admission 2014-15
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Mam how reliable are these programs…?is it safe to join these programs by borrowing a loan…or its a trap to generate a work force which has to work under pressure of loan.
🙂 … hard to comment anything on it.