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IDBI Manipal School of Banking PGDBF Programme

About the Programme
IDBI Bank has entered into a MoU with Manipal Global Education Services Private Limited, to provide training in Banking and Finance to prospective candidates aspiring to join IDBI Bank as Assistant Manager Grade ‘A’. The Bank invites applications from young, dynamic graduates for admissions in IDBI Manipal School of Banking, Bangalore for 1 year Post Graduate Diploma in Banking and Finance (PGDBF). After successful completion of the course, the candidates will be awarded PGDBF from Manipal University and will be inducted into IDBI Bank as Assistant Manager Grade ‘A’.

Eligibility Criteria (as on the date mentioned in notification)
Education Qualifications: Graduation from a recognised University

Age: Minimum 20 years - Maximum 28 years.

Selection Process:
The selection process will comprise of Online Test followed by personal interview of the candidates, who have qualified in the online test. The Online Test will be Objective in nature. The details of the same are furnished hereunder.


Name of the Test

No. Of Questions

Max. Marks






2 hours or 120 minutes


English Language




Quantitative Aptitude




General Awareness (With Special Reference to Banking)







After joining the Bank’s services as Assistant Manager Grade ‘A’ on successful completion of the course: The extant basic pay applicable to Assistant Managers in Grade A is Rs. 14,400/- per month in the pay scale of Rs.14400-1000(19)-33400-1250(6)-40900 (26 years). The pay scale, allowances, reimbursements, perquisites and other terms subsisting at the time of joining and as may be modified / amended / revised from time to time would be applicable as per rules in force from time to time

Stipend, Incentives and Reimbursements:
Stipend (during the training): During the Training Period (9 Months) – Rs.2500/- per month During the Internship Period (3 Months) – Rs.10000/- per month

Service Bond:
All selected candidates, at the time of their joining the course itself, will have to execute a Service Bond for serving the Bank for a minimum period of 3 years from the date of their joining Bank’s service or shall have to pay a notional amount of Rs.2 lakh. In addition to the payment of Rs.2 lakh, in case any candidate leaves the services of the Bank before 3 years, he/she will have to clear his/her outstanding educational loan dues at the applicable card rate, if he/she has opted for education loan from IDBI Bank.

Programme Fee:
Programme fees for this Course will be Rs.3,50,000/- (Rs.Three lakh fifty thousand only) plus service taxes, as applicable to be paid by the students in installments as per a fixed schedule during the 1 year programme (all inclusive of boarding, lodging and course fees, other fees, etc.).

For Details go through..
Published date : 02 Nov 2015 11:15AM

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