IDBI Bank JAM Recruitment 2024 | Last Date! Apply Now

The Industrial Development Bank of India (IDBI) has officially announced the highly anticipated Junior Assistant Manager (JAM) notification for the upcoming recruitment cycle in November 2024 on the significant date of 20th November 2024. This announcement marks an important opportunity for aspiring candidates, as the bank is now accepting online applications from eligible individuals who are interested in pursuing a career as Junior Assistant Managers. These positions are available in two distinct areas: Generalist, which encompasses a broad range of banking functions, and AAO (Specialist), which focuses on specialized roles within the organization. This recruitment drive aims to attract talented candidates who are looking to contribute to the dynamic banking sector and build a rewarding career with IDBI.




CategoryDetails
LocationPAN India
Age Limit20 to 25 years
Educational QualificationAny Degree
Post NameJunior Assistant Manager (JAM)
Total Vacancies600
Selection ProcessOnline Test followed by an Interview
Salary₹ 6.14 lakh to ₹ 6.50 lakh per annum
Last Date to Apply30th November 2024

IDBI Bank JAM Vacancy 2024 : State wise

The recruitment for the Junior Assistant Manager (JAM) positions has been announced, offering opportunities in two key roles: Generalist and Agri Asset Officer (AAO). The vacancies are distributed across various zones in India, ensuring representation in multiple states and union territories. Below are the details of the available positions:

Junior Assistant Manager (JAM) – Generalist

ZoneStates CoveredVacancies
Ahmedabad ZoneDadra & Nagar Haveli, Daman & Diu, Gujarat70
Bengaluru ZoneKarnataka65
Chandigarh ZonePunjab, Chandigarh, Haryana, Himachal Pradesh, Jammu & Kashmir, Ladakh (UT)50
Chennai ZonePuducherry, Tamil Nadu50
Kochi ZoneKerala30
Mumbai ZoneMaharashtra125
Nagpur ZoneMaharashtra50
Pune ZoneGoa, Maharashtra60

Junior Assistant Manager (JAM) – Agri Asset Officer (AAO)

CoverageVacancies
PAN India100
This version splits the “Zone” and “States Covered” columns for better readability.

The age limit for candidates applying for the Junior Assistant Manager (JAM) position is as follows:

CriteriaAge Limit
Minimum Age20 years
Maximum Age25 years

Candidates must be within this age range to be eligible for the position. Age is calculated as of the closing date of the application process.

Age Relaxation:

Certain categories are eligible for age relaxation to ensure fair participation in the recruitment process. The details are as follows:

CategoryAge RelaxationMaximum Age Limit
SC / ST / Ex-Servicemen5 years30 years
OBC (NCL)3 years28 years
PwBD (Persons with Benchmark Disabilities)10 years35 years

This relaxation allows candidates from specific groups to apply even if they are older than the standard age limit, ensuring inclusivity and equal opportunity for all applicants. The age relaxation is applicable as per government guidelines and is designed to support those who may face additional challenges in the recruitment process.


Salary Structure for Junior Assistant Manager (JAM)

1. Compensation Range:
Upon joining the Bank as Grade ‘O’, the compensation will be offered on a Cost to Company (CTC) basis. The salary will range from ₹ 6.14 lakh to ₹ 6.50 lakh per annum, depending on the location and other factors. This salary is applicable for candidates based in Class A cities at the time of joining.

2. Annual Increments:
The salary package includes provisions for annual increments. These increments will be granted based on the performance of the employee or other parameters set by the Bank. The increment structure ensures that employees are rewarded for their efforts and contributions towards the organization’s success.

3. Additional Benefits:
Apart from the basic salary, employees may be eligible for other benefits like bonuses, allowances, and perks, which can further enhance the overall compensation package. Specific details regarding these benefits will be communicated upon joining.

This salary structure is designed to offer competitive compensation to new employees, with provisions for growth based on performance over time.


Junior Assistant Manager (JAM), Grade ‘O’ – Generalist

  • To be eligible for the Junior Assistant Manager (JAM) – Generalist role, candidates must meet the following educational qualifications:

1. Bachelor’s Degree:
Candidates must hold a Bachelor’s degree in any discipline from a recognized University or an institution approved by government bodies such as AICTE, UGC, etc.

2. Diploma Not Accepted:
A diploma course will not be considered as meeting the eligibility criteria for this role. Only full-time degree qualifications will be accepted.


Junior Assistant Manager (JAM), Grade ‘O’ – Agri Asset Officer (AAO)

  • For the Junior Assistant Manager (JAM) – Agri Asset Officer role, candidates must possess a specialized educational background:

1. 4-Year Degree in Relevant Field:
A 4-year degree in any of the following fields is required: Agriculture, Horticulture, Agricultural Engineering, Fishery Science/Engineering, Animal Husbandry, Veterinary Science, Forestry, Dairy Science/Technology, Food Science/Technology, Pisciculture, Agro Forestry, or Sericulture. The degree must be from a government-recognized University or institution approved by bodies like AICTE, UGC.

2. Diploma Not Accepted:
As with the Generalist role, a diploma course will not fulfill the eligibility criteria for this position. A full undergraduate degree is required.

Minimum Passing Percentage

Candidates must have the following minimum percentage of marks in their qualifying examinations:

  • For General, EWS, and OBC Candidates:
  • A minimum of 60% marks or equivalent CGPA/OGPA is required.
  • For SC/ST/PwBD Candidates:
  • A minimum of 55% marks or equivalent CGPA/OGPA is required.

These academic requirements ensure that only suitably qualified candidates are eligible for the positions, maintaining a high standard of recruitment.

1. Online Test (OT)
Candidates will first need to clear the Online Test (OT), which will assess their skills in Reasoning, Quantitative Aptitude, English, and General Awareness. Only those who meet the cut-off marks will move on to the next stages.


2. Document Verification (DV)
Shortlisted candidates from the Online Test will undergo Document Verification (DV) to confirm their educational qualifications, age, category, and other details.


3. Personal Interview (PI)
Candidates who pass document verification will be called for a Personal Interview (PI). The interview will assess their personality, communication skills, and suitability for the role.


4. Pre-Recruitment Medical Test (PRMT)
The final stage is the Pre-Recruitment Medical Test (PRMT). Candidates who pass the interview will undergo a medical examination to ensure they meet the Bank’s health standards.

Name of the TestNo. of QuestionsMaximum Marks
Logical Reasoning, Data Analysis & Interpretation6060
English Language4040
Quantitative Aptitude4040
General/ Economy/ Banking Awareness/ Computer/ IT6060
Professional Knowledge (AAO posts only)6060
  • The application fee must be paid through Online Payment Mode to ensure a smooth and secure transaction.
  • For general category candidates and others, the total fee is ₹ 1050/-, which includes both the application fee and intimation charges.
  • For candidates belonging to the SC/ST/PwBD categories, the fee is ₹ 250/-, covering only the intimation charges.

The deadline to register and complete the online application is 30th November 2024 (Saturday), until 23:59 Hours.

Eligible and interested candidates can submit their applications online via the IDBI Bank JAM 2024 Online Application Portal, starting from 21st November 2024.

Applicants must ensure they complete all required fields, including personal details, basic information, and educational qualifications.

During the application process, candidates need to upload a scanned copy of their recent photograph, signature, and thumb impression.

IDBI Bank JAM Online Registration Link- Click Here

IDBI Bank Official Career Portal- Click Here

IDBI Bank JAM Detailed Notification PDF- Click Here

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Q1. What is the salary offered for the IDBI Bank JAM position?

Answer: The IDBI Bank JAM Posts Salary – ₹ 6.14 lakh to ₹ 6.50 lakh per annum.

Q2. What is the minimum and maximum age limit for the IDBI Bank JAM Recruitment 2024?

Answer: The age limit for the IDBI Bank Junior Assistant Manager (JAM) post is 20 to 25 years as of the date of application

Q3. What is the last date to apply for IDBI Bank JAM Recruitment 2024?

Answer: The last date to submission for online application is 30th November 2024.