IDBI Assistant Manager Recruitment 2026 | PGDBF Program

A Direct Route to Bank Management

IDBI Bank (now a private sector bank, heavily backed by LIC) conducts recruitment for Assistant Managers through a unique model: the 1-year Post Graduate Diploma in Banking and Finance (PGDBF) program conducted at Manipal Global Education Services (Bengaluru) or Nitte Education International (Greater Noida).

This route guarantees a job as an Assistant Manager upon successful completion of the diploma, bridging the gap between academic knowledge and practical banking skills.

The PGDBF Structure

Phase 1 (9 Months Classroom Training): You will undergo rigorous training in banking operations, credit, and forex. During this period, a stipend of ,2,500 per month is paid. The course fee is approximately ,3.5 Lakhs, which can be financed through an education loan provided by IDBI Bank itself.

Phase 2 (3 Months Internship): You will be posted at an IDBI branch for practical training. The stipend increases to ,10,000 per month.

Final Placement: Upon completion, you are absorbed as an Assistant Manager (Grade A) with a starting gross salary of approximately ,65,000 per month. The selection process involves a standard banking CBT (Reasoning, Quant, English, General Awareness) followed by a personal interview.