IDFC Bank Current Jobs Notification 2017 for 5210 posts www.idfcbank.com

IDFC was incorporated on 30 January 1997 with its registered office in Chennai and started operations on 9 June 1997. In 1998 the company was registered with Reserve Bank of India (RBI) as a non-banking financial company and in 1999 it formally became a Public Financial Institution.   To confirm with RBI guidelines IDFC founded a non-operative financial holding company (NOFHC) in 2014 to manage its five subsidiaries IDFC Bank, IDFC MF, IDFC Alternatives, IDFC IDF & IDFC Securities.  IDFC is the holding company for NOFHC IDFC Projects Ltd and IDFC Foundation.  IDFC Bank started operations with 23 branches in Madhya Pradesh, Delhi, Mumbai, Hyderabad, Bengaluru, Pune, Chennai, Ahmedabad and Kolkata. 15 branches are in settlements with a population of less than 10,000.  Prime Minister Narendra Modi formally launched IDFC Bank on 19 October 2015.  The Prime Minister complimented IDFC for its successful journey of 18 years so far, and said that it was now embarking on a more challenging role, as it expands into banking, especially in the rural areas.

OFFICIAL SITE :

The Official Site of IndusInd Bank is www.idfcbank.com .  For more details of bank Candidates can visit this site and collect information related to bank.

WHY IDFC BANK :

Banking sector is one of the fastest growing business fields in India.  They give you lots of opportunities to grow.  Less stress as compared to private sector jobs.  Job timing is fixed and are flexible and you become a part of the growth of the economy of your country.   Banking sector has a job for various qualifications including graduate, post-graduate, 10th pass, 12th pass, diploma, etc.  Added benefits and good salary.   So,  to join Idfc Bank will be the best option for the Job Oriented Youths.

ELIGIBILITY CRITERIA :

Relationship Manager  – Wealth

Minimum Qualification – Graduation in any stream

Age : not more then 30 yrs of age

Experience :  3 – 5 yrs, preferably from the BFSI space.

Relationship Manager – Emerging Corporates

Minimum Qualification – Graduation in any stream

Age : not more then 30 yrs of age

Experience :  3 – 5 yrs, preferably from the BFSI space.

Branch Managers

Qualification : Must possess comprehensive knowledge of Consumer Banking products (CASA, FD, Insurance, Investments) and also have an in – depth exposure to Banking Operational Processes.

Desired Qualification – MBA (with specialization in Finance /Marketing)

Age :  Not more than 35 years of age

Experience :   6 – 9 yrs in the Banking industry.

Manager Customer Service & Operations

Qualification :  Graduation in any stream

Age :  28-35 years

Experience :   5 to 8 years of experience in General Banking Operations.

Associate Manager Operations

Qualification :  Graduate in Commerce/ Finance / Accounting

Age :   around 25 years of age

Experience :  1 to 4 years of relevant experience in Branch Operations like Handling of Cash / Remittance Desk, Clearing (Inward / Outward).

Associate Manager Trade Operations

Qualification :   Graduate in Commerce/ Finance / Accounting

Age :  around 25 years

Experience :   1 to 4 years of relevant experience in Specialized Branch Banking Operational areas as Trade, Forex, CMS, Demat, etc

Relationship Managers – Financial Institution & Public Sector

Qualification :  Graduate in Commerce/ Finance / Accounting and CA

Age :  not more then 30 yrs of age

Experience :  5 – 6 years of related experience in the FIPS segment.

Marketing Officer :

Qualification :  To complete any Degree in UG & Full time MMS/MBA/PGDBA/PGDBM with specialization in Marketing.

Age :  28-35 years

HR Officer :

Qualification :  Any Degree in Graduation and PG Degree (Regular) Personnel Managemeny, Industrial Relations, HR/ HRD/ Social Work/ Labour Law is necessary.

Age :  28 – 35 years.

SALARY STRUCTURE  :

Job Title IndusInd Bank Salary
Branch Manager  10,09,050
Relationships Manager  29,986/mo
Associate Manager  2,81,900
Customer Service Manager  22,469/mo

SELECTION PROCESS :

  1. Initial short listing of applications will be done by the Bank and shortlisted candidates will be informed through their registered E mail Id. The Bank reserves the right to call only the requisite number of candidates for the selection process after shortlisting.
  2. Common Written Exam (CWE) – Preliminary by IBPS
  3. Common Written Exam (CWE) – Main by IBPS
  4. Personal Interview

EXAM PATTERN :– 

The commonly tested areas are:
  • Quantitative Aptitude and Data Interpretation – school level maths, basic charts and tables
  • Logical Reasoning – puzzles, analytical and critical reasoning
  • English Language – school level grammar, English comprehension
  • General Awareness – GK and current affairs
  • Computer Awareness – computers, applications, internet

Preliminary Exam

Sr No. Test Name Qns. Marks Duration
1 Reasoning Ability Paper 35 35 01 hour
2 Quantitative Aptitude Paper 35 35
3 English Language Paper 30 30
 Total 100 100

Main Examination

Sr No. Test Name Qns. Marks Duration
1 Reasoning 50 50 02 hours
2 General Awareness Paper 40 40
3 Quantitative Aptitude 50 50
4 A English Language 40 40
4 B Hindi Language 40 40
5 Computer Knowledge 20 20
 Total 200 200

WHO CAN APPLY  :

Candidates fulfilling all the eligibility criterias as mentioned in the notification can apply for the vacancies released by IDFC Bank.

HOW TO PREPARE  :

Candidates can take the help of exam pattern for their preparation.  Nowadays many coaching centres are providing Bank Coachings.  Candidates can join these Coaching centres for their preparation for bank exams.  It is advisable to do the basics first. These can be done from class 10 books. After this, start doing section tests, from Reasoning, Maths, English, etc. Try to get a good score in each section. After that, do some full-length tests which contain all the sections, within the stipulated time. Candidates are also advised to prepare for the interview simultaneously and take care to develop their personality and confidence. After the written examination, the short-listed candidates are called for an interview. General questions are asked to check the candidate’s General Awareness and relevant issues related to Economics.  There are various books available in the Book store for Bank Preparation Exams.  Candidates can also take the help of these books.  Here we provide popular and recommended books for each of the above area :

A New Approach to Reasoning Verbal and Non-Verbal 1st Edition :  BS Sijwali, Indu Sijwal  (Arihant Publications)

Quantitative Aptitude For Competitive Examinations 17th Edition :  R. S. Aggarwal (S.Chand Publishing)

Objective General English 22nd Edition :   R. S. Aggarwal, Vikas Aggarwal  (S.Chand Publishing)

Guide to Banking General Awareness and Banking Aptitude Test :  RPH Editorial Board (Ramesh Publishing House)

Objective Computer Awareness for General Competitive Exams 1st Edition :  R Pillai (Arihant Publications India Pvt Ltd)

Magazines :   Pratiyogita Darpan, Success Master and BSC (Banking Service Chronicle)

Book for full length tests :  

IBPS Bank PO/MT CWE Common Written Examination Practice Work Book :  Kiran Prakashan

HOW TO APPLY

  • Candidates first go to official site of organization that is www.idfcbank.com
  • After that go to “Career” section and hit the link.
  • Then select “Experienced” section and “Hit Here to Apply” link.
  • After that the post name you want to apply for hit “Apply Online” link.
  • Fill complete details in the application form in a correct manner.
  • Upload resume and submit it within given time period.

GENERAL INSTRUCTION :

  1.  Ensure that the applicant fulfills all the eligibility criteria.
  2. The applicants are requested to ensure that the information filled in the Online Application Form is correct before submitting the application form.
  3.  There will not be any provision to modify the submitted online application.
  4. Candidates are requested to take utmost care while filling up the online application.
  5. Candidates making multiple registrations will be disqualified.
  6. Candidates will have to enter their basic details and upload the photograph and signature as per the specifications given below.
  7. Copies of your photograph may be retained for use at the time of written test and interview.

Note :  For any queries drop your comments in the comment box provided below.  Keep in touch with our web page for more job updates.

50 thoughts on “IDFC Bank Current Jobs Notification 2017 for 5210 posts www.idfcbank.com

  1. Sir.
    I have complited gragudate. I am working with ASA international India microfinance Ltd. I have around 7 years experience in asa international India micro finance Ltd .
    Still working branch manager
    Thanking you.

  2. Dear Sir,

    I would hereby like to apply for a suitable position in your esteemed organization.Kindly find the attached my updated resume with all the relevant information & details.

    Do let me know for any further assistance.

    Regards,

    SHRISHAIL L M
    8880799889
    8123804993

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