{"id":33945,"date":"2023-02-21T17:00:42","date_gmt":"2023-02-21T11:30:42","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=33945"},"modified":"2023-02-21T17:00:42","modified_gmt":"2023-02-21T11:30:42","slug":"idbi-am-2023-faqs","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/idbi-am-2023-faqs\/","title":{"rendered":"IDBI AM 2023 FAQs"},"content":{"rendered":"\n<p>Q. 1 Is pursuing any <strong>PGDBF course<\/strong> required in Assistant Manager recruitment?<\/p>\n\n\n\n<p>Ans No! The selection process involves Online Test (OT) =&gt; Document Verification (DV) =&gt; Personal Interview (PI) =&gt; Pre Recruitment Medical Test (PRMT). So you <strong>don\u2019t need to pursue any PGDBF course<\/strong>. You can just clear these 4 steps and get this job.<\/p>\n\n\n\n<p>Q.2 Is IDBI a <strong>government bank or a private bank<\/strong>?<\/p>\n\n\n\n<p>Ans IDBI Bank Limited has been categorized as a \u2018Private Sector Bank\u2019 for regulatory purposes by Reserve Bank of India with effect from January 21, 2019, consequent upon Life Insurance Corporation Of India acquiring 51% of the total paid-up equity share capital of the bank. As of September 2021, Life Insurance Corporation holds 49.24% shareholding and the Government of India holds 45.48%, with LIC being in control of the management of the bank. So, <strong>IDBI is a private sector bank<\/strong> but its stakes are with LIC (which itself is under the ownership of Government of India) &amp; Government of India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/www.practicemock.com\/idbi-assistant-manager\/?ref=6251\">IDBI AM 2023 Free Mock Test- Take it Now!<\/a><\/h2>\n\n\n\n<p>Q. 3 Do I need any work experience to apply for the IDBI Assistant Manager post?<\/p>\n\n\n\n<p>Ans Yes! <strong>Minimum 2 years of experience<\/strong> in Banks and financial service (including but not limited to Micro Finance Institutions\/Non Banking Financial Companies\/ Cooperative Banks\/Regional Rural Banks\/Fintech Companies) &amp; Insurance Sector.<br>Please note that experience through an outsourcing vendor, service provider, KPO\/BPO \/ IT support services provider or any akin \/ similar entity , third party payrolls, On contract (any entity) will not be considered.<\/p>\n\n\n\n<p>Q. 4 Can I show l<strong>ess than 6 months of experience<\/strong> while applying?<\/p>\n\n\n\n<p>Ans No! Experience below 06 months in any organization will not be reckoned.<\/p>\n\n\n\n<p>Q. 5 I have pursued a <strong>diploma course (not graduation)<\/strong>. Can I apply?<\/p>\n\n\n\n<p>Ans No! Passing only a diploma course will not make you eligible for these vacancies. You need to have a graduation degree.<\/p>\n\n\n\n<p>Q. 6 Are there <strong>sectional cut-offs<\/strong> in the online test?<\/p>\n\n\n\n<p>Ans Yes! Candidates have to qualify in each of the four tests\/sections, by securing cut-off marks as decided by the Bank.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/www.practicemock.com\/idbi-assistant-manager\/?ref=6251\">IDBI AM 2023 Free Mock Test- Take it Now!<\/a><\/h2>\n\n\n\n<p>Q. 7 How much weightage is to be given to online test and interview for final merit listing?<\/p>\n\n\n\n<p>Ans The category wise merit\/wait list of the candidates will be prepared as per the following formula:<\/p>\n\n\n\n<p>Final Score = <strong>3\/4 of Online Test Score +1\/4 of Interview Score<\/strong>.<\/p>\n\n\n\n<p>My graduation results will be released in the month of February 2023. Can I apply for IDBI Asst Manager vacancies?<\/p>\n\n\n\n<p>It\u2019s clearly written in the official notification that the candidate must possess valid Mark-sheets (year\/ semester wise or consolidated) and Degree\/ Provisional Degree Certificate issued by the University showing that <strong>he\/ she is a graduate as on January 01, 2023<\/strong> before registration. So apply only if your graduations results bear the date January 01, 2023 or any date before this date.<\/p>\n\n\n\n<p>Do I need to have Certificate\/ Diploma\/ Degree in computer operations\/Language?<\/p>\n\n\n\n<p>Yes! It is better that you have this Certificate\/ Diploma\/ Degree. Else you.should have studied Computer \/ Information Technology as one of the subjects in the High School\/ College\/ Institute.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><a href=\"https:\/\/www.practicemock.com\/idbi-assistant-manager\/?ref=6251\">IDBI AM 2023 Free Mock Test- Take it Now!<\/a><\/h2>\n\n\n\n<p>Can I submit more than 1 application?<\/p>\n\n\n\n<p>No, You should submit only &amp; only 1 application. In case of multiple applications only the latest valid (complete) application will be accepted and the application fee \/ intimation charges paid for the multiple registration(s) will stand forfeited.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Q. 1 Is pursuing any PGDBF course required in Assistant Manager recruitment? Ans No! The selection process involves Online Test (OT) =&gt; Document Verification (DV) =&gt; Personal Interview (PI) =&gt; Pre Recruitment Medical Test (PRMT). So you don\u2019t need to pursue any PGDBF course. You can just clear these 4 steps and get this job. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":33946,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[603],"tags":[212],"class_list":["post-33945","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-idbi-asst-manager","tag-faqs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IDBI AM 2023 FAQs - Practicemock<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.practicemock.com\/blog\/idbi-am-2023-faqs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IDBI AM 2023 FAQs - Practicemock\" \/>\n<meta property=\"og:description\" content=\"Q. 1 Is pursuing any PGDBF course required in Assistant Manager recruitment? Ans No! The selection process involves Online Test (OT) =&gt; Document Verification (DV) =&gt; Personal Interview (PI) =&gt; Pre Recruitment Medical Test (PRMT). So you don\u2019t need to pursue any PGDBF course. You can just clear these 4 steps and get this job. 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