Latest Update India Exim Bank Management Trainee Recruitment 2024: Apply for 50 Posts Online

India Exim Bank Management Trainee MT Recruitment 2024: How to Apply for 50 Posts Online

Introduction

India Exim Bank is a premier financial institution that offers services to facilitate cross-border trade and investment. The 2024 Management Trainee (MT) recruitment drive offers 50 vacancies in Banking Operations. This opportunity is ideal for candidates holding an MBA/PGDCA in Finance or a CA qualification. In this guide, you’ll learn everything you need to know about the India Exim Bank MT Recruitment 2024, including the application process, eligibility criteria, and more.


Table of Contents

No.Headings/Topics
1.Overview of India Exim Bank MT Recruitment 2024
2.Important Dates to Remember
3.Eligibility Criteria for Exim Bank Management Trainee
4.Vacancy Details
5.Category-Wise Distribution of Posts
6.Age Limit and Relaxation Rules
7.Application Fee Details
8.Selection Process Overview
9.How to Apply Online for Exim Bank MT Recruitment
10.Required Documents for Application
11.Exam Centers and Exam Dates
12.Salary Structure and Benefits
13.Frequently Asked Questions (FAQs)
14.Common Mistakes to Avoid During Application
15.Conclusion and Final Thoughts

1. Overview of India Exim Bank MT Recruitment 2024

India Exim Bank has announced 50 vacancies for the position of Management Trainee (MT) in Banking Operations for 2024. These roles are highly competitive and offer a stepping stone for candidates who want to build a career in international banking and finance. Successful candidates will undergo rigorous training and development to support India’s cross-border trade and finance operations.


2. Important Dates to Remember

EventDate
Application Begin18/09/2024
Last Date to Apply07/10/2024
Last Date for Fee Payment07/10/2024
Admit Card AvailabilityBefore Exam
Exam DateOctober 2024

Ensure you apply well before the last date to avoid any last-minute complications.


3. Eligibility Criteria for Exim Bank Management Trainee

To be eligible for the Exim Bank Management Trainee (MT) position, candidates must meet the following criteria:

  • Educational Qualification: Passed or currently appearing for MBA/PGDCA with Finance OR a Chartered Accountant (CA).
  • Minimum Graduation Marks: Must have achieved at least 60% marks in graduation.
  • Citizenship: The candidate must be an Indian citizen.

4. Vacancy Details

A total of 50 vacancies are available for the position of Management Trainee (MT) in Banking Operations.


5. Category-Wise Distribution of Posts

CategoryNumber of Posts
General (UR)22
OBC13
EWS05
SC07
ST03
Total50

The reservation of posts ensures equal opportunity for all categories, following the government’s guidelines.


6. Age Limit and Relaxation Rules

  • Minimum Age: 21 years
  • Maximum Age: 28 years (as of 01/08/2024)
  • Age Relaxation: Age relaxation is applicable as per the India Exim Bank recruitment rules. Candidates from reserved categories (SC, ST, OBC, EWS) can benefit from this relaxation.

7. Application Fee Details

  • General/OBC: ₹600
  • SC/ST/EWS/PH: ₹100
  • Female Candidates (All Categories): ₹100

Payment can be made through debit/credit card or net banking.


8. Selection Process Overview

The selection process for the Exim Bank MT Recruitment 2024 consists of the following stages:

  1. Written Examination: A multiple-choice exam testing general knowledge, reasoning, finance-related subjects, and quantitative aptitude.
  2. Group Discussion: Shortlisted candidates from the written exam will participate in group discussions.
  3. Personal Interview: Final stage includes an interview where candidates are evaluated based on their communication skills, knowledge of finance, and problem-solving abilities.

9. How to Apply Online for Exim Bank MT Recruitment

Candidates can apply online for the Exim Bank MT Recruitment 2024 through the official Exim Bank website. Follow these steps to complete your application:

  1. Visit the Exim Bank official website.
  2. Click on “Recruitment of Management Trainee (MT) 2024.”
  3. Register using your email ID and phone number.
  4. Fill in the required personal, educational, and contact details.
  5. Upload scanned copies of your photograph, signature, and other necessary documents.
  6. Pay the application fee online.
  7. Review the form carefully and submit it.
  8. Print the application confirmation for future reference.

10. Required Documents for Application

Ensure you have the following documents ready before applying online:

  • Graduation and MBA/PGDCA/CA mark sheets
  • Valid ID proof (Aadhar Card, Passport, etc.)
  • Recent passport-size photograph
  • Scanned signature
  • Category certificate (if applicable)

11. Exam Centers and Exam Dates

The written exam will be conducted in the following cities:

  • Mumbai
  • Kolkata
  • Pune
  • New Delhi
  • Trichy
  • Hyderabad
  • Lucknow
  • Varanasi
  • Guwahati

Candidates can choose their preferred city while filling out the online application form. The exam is scheduled for October 2024.


12. Salary Structure and Benefits

The selected Management Trainees will receive a stipend during their training period. Upon successful completion of training, they will be absorbed as Deputy Managers in India Exim Bank. The pay scale includes:

  • Basic Salary: ₹40,000 per month
  • Allowances: HRA, travel allowance, and medical benefits
  • Other Benefits: Pension schemes, bonuses, and more

13. Frequently Asked Questions (FAQs)

1. What is the last date to apply for Exim Bank MT Recruitment 2024?

The last date to apply online is 07 October 2024.

2. What is the application fee for General and OBC candidates?

The application fee is ₹600 for General and OBC candidates.

3. What qualifications are required for the Management Trainee post?

Candidates must have an MBA/PGDCA in Finance or be a CA. Graduation marks should be at least 60%.

4. What is the exam date for Exim Bank MT Recruitment?

The written exam will be held in October 2024.


14. Common Mistakes to Avoid During Application

  • Uploading incorrect or blurred documents.
  • Providing incorrect personal details.
  • Missing the payment deadline.
  • Failing to preview the form before submission.

Make sure to avoid these mistakes to ensure a smooth application process.


15. Conclusion and Final Thoughts

The India Exim Bank Management Trainee Recruitment 2024 offers a fantastic opportunity for qualified candidates to join a prestigious financial institution. With 50 available posts, this is your chance to launch a career in international banking and trade finance. Be sure to carefully read the eligibility criteria, follow the application process, and prepare well for the exam.

Good luck with your application!


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