Looking for an exciting career in banking? Apply for IIBF Recruitment 2024 for 11 Junior Executive vacancies! Graduates with a minimum of 60% can apply. Check out the details now.
IIBF Recruitment 2024
If you’re a graduate aiming to make your mark in the banking sector, the Indian Institute of Banking & Finance (IIBF) is offering a golden opportunity! The IIBF Recruitment 2024 has announced 11 Junior Executive vacancies, and it’s time to gear up. With an excellent pay scale and growth potential, this recruitment is something every aspiring banker should consider. Let’s dive into all the details you need to know to apply.
Indian Institute of Banking & Finance Recruitment 2024
The IIBF Recruitment 2024 is primarily seeking talented individuals for the Junior Executive position. If you’re passionate about working in a dynamic environment with a blend of administration, information processing, and support for training activities, this job will be right up your alley.
Overview
| Hiring Organization | Indian Institute of Banking & Finance (IIBF) |
|---|---|
| Position | Junior Executive |
| No Of Posts | 11 |
| Job Location | Mumbai |
| Official Website | www.iibf.org.in |
| Apply Mode | Online |
| WhatsApp Group Joining Link | Click Here |
Job Profile
Wondering what your role will be if you land this job? Here’s what you’ll be doing as a Junior Executive:
- Acting as a front-line official in various offices of the institute.
- Responding to inquiries from members and candidates.
- Handling general administration tasks in different departments.
- Supporting the Institute’s training and academic activities.
- Managing and processing important information.
Doesn’t that sound exciting? Let’s move on to the qualifications needed for this role.
Educational Qualifications
Essential: Candidates must hold a Graduate degree with at least 60% marks in the following fields:
- Commerce
- Economics
- Business Management
- Information Technology
- Computer Science
- Computer Applications
Keep in mind, they’re pretty strict about the 60% cut-off. Anything below, like 59.99%, won’t make the cut.
Desirable: It’s always a good idea to have some extra skills under your belt. Here’s what could make you stand out:
- A Diploma in Banking & Finance from IIBF.
- Higher qualifications such as M.Com, MA (Economics), MBA, CA, CMA, CS, or CFA.
Age Limit
- Applicants should be 28 years old or younger as of October 1st, 2024. So, if you’re under the age limit, you’re good to go!
Selection Procedure
The selection process for the IIBF Recruitment 2024 is a two-step affair:
Online Examination:
- The exam is scheduled for Sunday, 17th November 2024.
- It will be conducted in four cities: Chennai, Kolkata, Mumbai, and New Delhi.
- Shortlisted candidates will be invited for the exam.
Personal Interview:
- If you ace the online exam, you’ll be called for a personal interview.
Application Fee
- The application fee is Rs. 700 plus GST.
- This fee is non-refundable, so make sure you double-check your details before submitting.
More Jobs: India Post Assistant Engineer (Civil) Recruitment 2024: Diploma/Degree In Civil Engineering Required
Posting Locations
Although the current vacancies are primarily in Mumbai, candidates might be posted or transferred to other locations depending on the Institute’s needs. Some potential posting areas include:
- Mumbai
- Lucknow
- Guwahati
New offices are also being set up in Bengaluru, so the opportunities are expanding.
Terms of Appointment
- Medical & Background Verification:
- Selected candidates must pass a medical fitness test.
- A thorough background and credentials check will also be conducted.
Service Bond:
- Successful candidates must sign an agreement committing to serve the Institute for at least two years.
- If you decide to leave before this period, you’ll need to pay Rs. 1,00,000 as compensation to cover the Institute’s recruitment and training costs.
Remuneration
As a Junior Executive, you’ll be entitled to a very attractive pay package:
- The salary scale starts from Rs. 28,300 and goes up to Rs. 91,300.
- Additionally, you’ll receive Dearness Allowance (DA) and House Rent Allowance (HRA).
- The total initial package, including perks, will amount to approximately Rs. 8 Lakhs per annum.
- The pay scale is also due for revision in November 2024, which means even better compensation.
Leased Accommodation:
Here’s some good news! If you prefer to stay in rented accommodation, the Institute offers a leased accommodation facility. They’ll cover up to Rs. 20,000 per month for your housing, provided you submit the necessary documents.
Important Dates
| Events | Dates |
|---|---|
| Start Date for Applications | Already Started |
| Deadline for Applications | 16/10/2024 |
Important Links
| NOTIFICATION LINKS | |
| Official Website | Click Here |
| Official Notification Link | Download Here |
| Apply Online Link | Apply Here |
| Notification Page Link | View Here |
| WhatsApp Group Joining Link | Join Here |
How To Apply
Step-by-Step Process:
- Visit the IIBF website: The application process is entirely online. Make sure to use the link provided by the Institute.
- Submit your application: Complete the form and upload the necessary documents.
- Pay the fee: The payment process is also online, so keep your debit/credit card ready.
- Deadline: Ensure you apply before 16th October 2024. No late applications will be accepted!
Conclusion
The IIBF Recruitment 2024 for Junior Executive positions is an exciting opportunity for graduates looking to step into a dynamic banking career. With its attractive pay package, great perks, and promising future growth, this is a role you don’t want to miss. Make sure to apply before the deadline and give it your best shot
