IDBI SCO NOTIFICATION 2023 OUT: APPLY FOR 136 POSTS TILL 15TH JUNE

Updated On : 06 Jun, 2023

IDBI SCO RECRUITMENT 2023:

IDBI Bank Limited has issued the IDBI SCO Notification 2023, inviting online applications from eligible candidates for the positions of Manager - Grade B, Assistant General Manager (AGM) - Grade C, and Deputy General Manager (DGM) - Grade D. Interested candidates who meet the required eligibility criteria can apply online through the link provided on the bank's official website. The application submission window will be open from June 01, 2023, to June 15, 2023.

This recruitment drive aims to fill a total of 136 vacant seats. To ensure that you have all the necessary information before applying for recruitment, it is essential to carefully read this article, as we will be sharing the complete exam-related details here.

IDBI SCO UPDATES 2023:

Exam conducting body 

IDBI Bank Limited

Post name 

Special Cadre Officer 

Application dates

1st June to 15th June 2023 

Application mode 

Online 

Vacancy 

136 

Official website

Click here

Official notice 

Click here

Apply link 

Click here

IDBI SCO ELIGIBILITY CRITERIA 2023:

Nationality

Candidates applying for the IDBI SCO recruitment must fulfill the following citizenship criteria:

(a) Citizen of India, or 

(b) Subject of Nepal, or 

(c) Subject of Bhutan, or 

(d) Tibetan refugee who came to India before January 1, 1962, with the intention of permanently settling in India, or 

(e) Person of Indian origin who migrated from Pakistan, Myanmar (formerly Burma), Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia, and Vietnam with the intention of permanently settling in India.

Candidates falling under categories (b), (c), (d), or (e) mentioned above must possess a certificate of eligibility issued by the Government of India (GOI). In such cases, candidates may be provisionally admitted to the selection process conducted by the bank. However, the final offer of appointment will only be given after the necessary eligibility certificate has been issued by the GOI or with explicit approval from the GOI if required. The bank reserves the right to make the final hiring decision and onboarding of such candidates.

Age Limit

Post name 

Age Limit

Minimum 

Maximum

Audit 

28

40

Corporate Strategy & Planning Department (CSPD):- Economist

35

45

Corporate Strategy & Planning Department (CSPD):- Economist 

25

35

Risk Management Deputy General Manager (Grade D)

35

45

Risk Management Assistant General Manager (Grade C)

28

40

Risk Management Manager (Grade B) 

25

35

Fraud Risk Management Group Deputy General Manager (Grade D)

35

45

Fraud Risk Management Group Assistant General Manager (Grade C)

28

40

Fraud Risk Management Group Manager (Grade B)

25

35

Treasury

25

35

Infrastructure Management Department (IMD)

28

40

Infrastructure Management Department Security

25

35

Legal Deputy General Manager (Grade D)

35

45

Legal Assistant General Manager (Grade C)

28

40

Legal Manager (Grade B)

25

35

Finance & Accounts (FAD)  Assistant General Manager (Grade C)

28

40

Finance & Accounts (FAD)  Manager (Grade B)

25

35

Corporate Credit  Assistant General Manager (Grade C)

28

40

Corporate Credit  Assistant General Manager (Grade B)

25

35

Relaxation in age is also permissible to some special categories:-

Category 

Relaxation in age 

Scheduled Caste/Scheduled Tribe

5 years

Other Backward Classes (Non-Creamy Layer)

3 years 

Ex-Servicemen, Commissioned Officers including Emergency Commissioned Officers (ECOs)/ Short Service Commissioned Officers (SSCOs) who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within one year from the last date of receipt of application) otherwise than by way of dismissal or discharge on account of misconduct or inefficiency or physical disability attributable to military service or invalidment

5 years

Persons affected by 1984 riots

5 years 

Educational Qualification 

Post name 

Educational Qualification 

Audit 

  • B Sc (IT) /B Tech / BE in - Information Technology (IT) /Electronics & Communications/ Software Engineering/ Electronics & Electrical/ Electronics/ Computer Science/Digital Banking/ BCA/ B Sc (Computer Science/ IT) from any University recognized by Govt. of India or its regulatory bodies. 

OR 

  • Graduates in any stream with Certified Information Systems Auditor (CISA) 

OR 

  • M Sc (IT/ Computer Science)/ MCA/ M Tech/ M.E - Information Technology (IT) /Electronics & Communications/ Electronics & Electrical/ Electronics/Software Engineering/ Digital Banking/ Computer Science from the University recognized by Govt. of India or its regulatory bodies. 

  • Professional Qualifications/Certifications in Certified Information Security Manager (CISM)/ Certified in Risk and Information Systems Control (CRISC)/ Certified Information Systems Security Professional CISSP will be preferred.

Corporate Strategy & Planning Department (CSPD)

Economist

  • Post Graduate Degree in Economics/ Business Economics from the University recognized by Govt. of India or its regulatory bodies. 

  • Candidates with Ph.D. (Economics)/ Research experience in BFSI will be preferred.


Economist

  • Post Graduate Degree in Economics from the University recognized by the Govt. of India or its regulatory bodies. 

Risk Management

  • B.E. / B. Tech. (in Computer Science & Engineering / Computer Science / Information Technology / Information and Communication Technology/ Electronics & Communications / Electrical/ Electronics & Electrical Engineering)/ BCA, B Sc (Computer Science/ IT) from the University recognized by Govt. of India or its regulatory bodies. 

OR 

  • MCA / MSc (Computer Science) / MSc (IT) from the University recognized by the Govt. of India or its regulatory bodies. 

  • The following Professional Certifications will be preferred – Certified Information Systems Auditor (CISA) / Certified Information Security Manager (CISM) / Certified Information Systems Security Professional (CISSP) / Offensive Security Certified Professional (OSCP) / Certified Ethical Hacker (CEH) / Cyber Security Information Sharing Partnership (CISP), Defense Information Systems Agency (DISA).

Risk Management

  • B.E. / B. Tech. (in Computer Science & Engineering / Computer Science / Information Technology / Information and Communication Technology/ Electronics & Communications / Electrical/ Electronics & Electrical Engineering)/ BCA, B Sc (Computer Science/ IT) from the University recognized by Govt. of India or its regulatory bodies 

OR 

  • MCA / MSc (Computer Science) / MSc (IT) from the University recognized by Govt. of India or its regulatory bodies 

  • Professional Certifications will be preferred – Certified Information Systems Auditor (CISA) / Certified Information Security Manager (CISM) / Certified Information Systems Security Professional (CISSP) / Offensive Security Certified Professional (OSCP) / Certified Ethical Hacker (CEH) / Cyber Security Information Sharing Partnership (CISP), Defense Information Systems Agency (DISA). 

Risk Management

  • B.E. / B. Tech. (in Computer Science & Engineering / Computer Science / Information Technology / Information and Communication Technology/ Electronics & Communications / Electrical/ Electronics & Electrical Engineering)/ BCA, B Sc (Computer Science/ IT) from the University recognized by Govt. of India or its regulatory bodies 

OR 

  • MCA / MSc (Computer Science) / MSc (IT) from the University recognized by Govt. of India or its regulatory bodies 

  • Professional Certifications will be preferred – Certified Information Systems Auditor (CISA) / Certified Information Security Manager (CISM) / Certified Information Systems Security Professional (CISSP) / Offensive Security Certified Professional (OSCP) / Certified Ethical Hacker (CEH) / Cyber Security Information Sharing Partnership (CISP), Defense Information Systems Agency (DISA). 

Fraud Risk Management Group

  • Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies. 

  • Candidates having the following qualifications/certifications would be subject to the above-indicated preferences: 

a) Preference will be given to the candidates having Masters's/ Post Graduate in any stream from any University recognized by Govt. of India or its regulatory bodies. 

b) Certified Bank Forensic Accountant (CBFA)/ Certified Risk Manager (CRM)/ Certified Fraud Examiner (CFE)/ Financial Risk Manager (FRM) from recognized and reputed Institutes / Organizations 

Fraud Risk Management Group

Assistant General Manager (Grade C)

  • Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies. 

  • Candidates having the following qualifications/certifications would be subject to the above-indicated preferences: 

a) Preference will be given to the candidates having Masters's/ Post Graduate in any stream from any University recognized by Govt. of India or its regulatory bodies. 

b) Certified Bank Forensic Accountant (CBFA)/ Certified Risk Manager (CRM)/ Certified Fraud Examiner (CFE)/ Financial Risk Manager (FRM) from recognized and reputed Institutes / Organization

Manager (Grade B)

Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies. 

Candidates having following qualification/ certificate would be preferred: Certified Bank Forensic Accountant (CBFA)/ Certified Risk Manager (CRM)/ Certified Fraud Examiner (CFE)/ Financial Risk Manager (FRM) from recognized and reputed Institutes / Organization

Treasury

Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies.

Infrastructure Management Department (IMD)

B.Tech/B.E in Civil/ Electrical Engineering/ Electrical & Electronics Engineering from any University recognized by Govt. of India or its regulatory bodies.

Security

Graduate in any discipline from any University recognized by Govt. of India or its regulatory bodies.

Legal

Deputy General Manager (Grade D)

  • Graduation in Law from any University recognized by Govt. of India or its regulatory bodies. 

  • (Preferred – Post Graduation in Law from any University recognized by Govt. of India or its regulatory bodies.)

Assistant General Manager (Grade C)

  • Graduation in Law from any University recognized by Govt. of India or its regulatory bodies. 

  • (Preferred – Post Graduation in Law from any University recognized by Govt. of India or its regulatory bodies.) 

Manager (Grade B)

  • Graduation in Law from any University recognized by Govt. of India or its regulatory bodies. 

  • (Preferred – Post Graduation in Law from any University recognized by Govt. of India or its regulatory bodies.) 

Finance & Accounts (FAD) 

Assistant General Manager (Grade C)

Chartered Accountant (CAs)/ICWA/ MBA (Finance) from any University recognized by Govt. of India or its regulatory bodies.

Manager (Grade B)

Chartered Accountant (CAs)/ICWA/ MBA (Finance) from any University recognized by Govt. of India or its regulatory bodies.

Corporate Credit 

Assistant General Manager (Grade C)

Post-Graduation from any University recognized by Govt. of India or its regulatory bodies. 

Additional qualifications like JAIIB/CAIIB/MBA would be preferred.

Manager (Grade B)

Graduation from any University recognized by Govt. of India or its regulatory bodies. 

Additional qualifications like JAIIB/CAIIB/MBA would be preferred.

IDBI SCO APPLICATION PROCESS:

  • Visit the official website of IDBI Bank Limited.

  • Find the "Recruitment of Specialist Officer – 2023-24 (Phase II)" tab on the homepage.

  • Click on the "Apply Online" link provided for the relevant recruitment notification.

  • You will be redirected to the application portal or a new page where you need to fill in your credentials and personal details to complete the application form.

  • Make sure to upload the required documents as specified in the application form.

  • Pay the application fee as mentioned in the notification. Ensure that you meet the eligibility criteria before making the payment.

  • Review the filled-in application form and submitted documents before final submission.

  • Once the application process is completed, it is recommended to take a printout of the final submission for future reference.

Application Fee

Application once made will not be allowed to be withdrawn and fee once paid will NOT be refunded under any circumstances nor can it be held in reserve for any other future Selection process. Candidates should ensure their eligibility before paying the fees/ applying online. 

Category 

Application 

SC/ST

Rs.200/- (Intimation charges only) including GST 

General, EWS & OBC 

Rs.1000/- (Application fee + Intimation charges) including GST

Mode of Payment 

Candidates applying for the IDBI SCO recruitment are required to make the payment of the application fee or intimation charges through online mode only. The accepted modes of online payment include:

  1. Debit Cards: RuPay, Visa, MasterCard, Maestro

  2. Credit Cards

  3. Internet Banking

  4. IMPS (Immediate Payment Service)

  5. Cash Cards

  6. Mobile Wallets

IDBI SCO VACANCY 2023:

Post-wise vacancy details are tabulated below:-

Post name 

Vacancy 

Audit (Information System)

06

Corporate Strategy & Planning Department (CSPD) 

02

Risk Management

24

Fraud Risk Management

09

Treasury

05

Infrastructure Management Department (Premises)

05

Security

08

Legal 

12

Finance & Accounts Department 

05

Corporate Credit

60

Total 

136

IDBI SCO PAY SCALE 2023:

Post name 

Salary 

Deputy General Manager, Grade ‘D’ 

Rs.76010-2220(4)-84890-2500(2)-89890 (7 years) 

Gross emolument for metro cities will be Rs.1,55,000/- per month (approx.)

Assistant General Manager, Grade ‘C’

Rs.63840-1990(5)-73790-2220(2)-78230 (8 years) 

Gross emolument for metro cities will be Rs.1,28,000/- per month (approx.)

Manager – Grade ‘B’ 

Rs.48170-1740(1)-49910-1990(10)-69810 (12 years) 

Gross emolument for metro cities will be Rs.98,000/- per month (approx.) 

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