IDBI Bank is inviting online applications from practicing Partnership firms of Chartered Accountants in India for empanelment as Concurrent Auditors. The application window will remain open from March 11 to March 28, 2024. Firms already empanelled with IDBI Bank must reapply as fresh applicants. Eligible firms must have been established on or before March 1, 2019, and meet the criteria outlined in the Concurrent Audit Policy, including having a minimum existence of five years as of February 28, 2024. Preferences will be given to firms with partners who are ex-bankers, hold CISA/DISA certifications, or have completed ICAI’s Certificate Course in Concurrent Audit. The firm must not conduct statutory audits for IDBI Bank and should have prior experience in concurrent audits for public or major private sector banks. Required documents include the firm’s profile, registration certificate, audit appointment letters, PAN, and partnership deed, among others. Incomplete applications will be rejected. For any queries, applicants may email or contact designated helpline numbers during office hours.
Empanelment of Chartered Accountant firms as Concurrent Auditor
- IDBI Bank invites online applications from practicing Partnership firms of Chartered Accountants within India, in the prescribed format, who are willing to be empanelled as Concurrent Auditors of the IDBI Bank.
- The online system shall be available from 11.03.2024 to 28.03.2024 (both dates inclusive) for future allotments to be made by IDBI Bank. CA Firms already empanelled with IDBI Bank also need to apply again as a fresh applicant.
- Please check the eligibility criteria before applying and ensure the same.
- The CA Firms who have completed 5 years of existence as on 28.02.2024.
- The status of the Firm as on 28.02.2024 should be either Partnership Firm or LLP i.e. Establishment Date (as per Firm Registration Certificate downloaded from ICAI website) should be on or before 01.03.2019, are eligible to apply. If the Establishment Date (as per Firm Registration Certificate downloaded from ICAI website) is after 01.03.2019, such firms are not eligible to apply as per IDBI Bank’s Concurrent Audit Policy.
- Kindly use latest version of Google Chrome Browser, as Chrome supports the site in the best manner. Please clear the browsing history and cookies for smooth uploading.
- Please note that if any CA Firm does not have GST no., please mention 11AAAAA1111A1Z1/A as GST no.
- Please keep the scanned pdf documents/ information as mentioned below in readiness for uploading before filling the Application Form:
- Updated Profile of the firm (Size should be less than 4 MB)
- Latest Firm Registration Certificate downloaded from ICAI Website(Size should be less than 4 MB) (Firm card will not be accepted)
- Latest Multipurpose Empanelment Form for verification of RBI Category and UCN (Size should be less than 4 MB)
- Attested PAN Card of the Firm (Size should be less than 4 MB)
- List of Partners & qualifications mentioning their membership number and signatures along with details of the authorized partner, in case of an audit assigned. (Size should be less than 4 MB)
- List of firm’s branches with full address & contact details etc. (Size should be less than 4 MB)
- Latest Partnership Deed (Size should be less than 4 MB)
- Few Previous Concurrent Audit Appointment Letters of the Banks (except for IDBI Bank and Co-operative Banks & and should be of latest years) (Size should be less than 4 MB)
- Details of Partners like Membership number, PAN Card of the Partners
- Firm Constitution Date
- RBI Unique code
- GST Number
- RBI Category of 2023-24
- All the documents which are to be uploaded must be duly signed and stamped by the Authorized Partner/s.
Disclaimer: IDBI Bank reserves the right to call for any additional documents/ information apart from the above mentioned, if required.
- For any query regarding the filling of the Empanelment Form, please correspond to email id: ho@idbi.co.in
- If the query is not resolved through mail, please contact on any of the following numbers on
working days & during office hours (i.e. 10.00 AM to 6.00 PM):
Tel. No.: 022 6655 2619/ 2394/ 3126
P.S.: Please don’t send mails to any individual email ids.
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Eligibility Criteria for CA firms
IDBI Bank invites online applications from practicing Partnership firms of Chartered Accountants within India, in the prescribed format, who are willing to be empanelled as Concurrent Auditors of the IDBI Bank.
(a) It should be a Partnership firm of Chartered Accountants.
(b) The firm should have standing of minimum five years.
(c) Preference shall be given to the firms where the partners themselves were ex-
bankers or the firm has got tie-up with ex-bankers with requisite experience and exposure, the firms having qualified Information System Auditor (CISA/DISA) with necessary exposure of systems audit and CA firms wherein partners have completed the ‘Certificate Course in Concurrent Audit’ conducted by ICAI.
(d) It is to be ensured that the audit firm or any sister / associate concern are not conducting the statutory audit of the IDBI Bank or any of its branches.
(e) The firm should have necessary exposure in conducting Concurrent Audit of the Bank branches for a few public sector / major private sector banks.
(f) The firm should have necessary office set up and adequate trained staff to ensure proper deployment and timely completion of the audit assignments.
The online system shall be available on the Bank’s website from 11.03.2024 to 28.03.2024 (both dates inclusive) for allotments to be made in future.
N.B: All supporting documents should be attached, incomplete applications will be
summarily rejected. (Firm card will not be accepted)
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(Republished with Latest Empanelment details)
I AM UNABLE TO GET THE REGISTRATION DONE IN SPITE OF SEVERAL ATTEMPTS
whether empanlement result is declare??
Not able to submit the form due to so many error in filling the form.
Has anyone uploaded the form ?? Or has anyone got the detail about the person who can be contacted so that form can be uploaded.
It seems the form has been devised by a novice. As commented by many CAs, Partners details could not be uploaded. Whether the concerned authorities have looked into the matter is not known. I hope the bugs are removed and more time is given for applying since the last date for applying is tomorrow(28.11.19).
there are so many columns that are freeze.
It is difficult to fill the form. suggest any remedies.
Seriously waste of time , following problems were being faced :
1. Cannot enter No. of partners in Particular of partners the column is frozen cant enter, i guess the backlink from ICAI database isnt working and no one bothered to even test it before deploying.
2. Error in GST no. fields.
3. Cannot enter details of partner heading the branch as there isn’t sufficient space.
We request IDBI officials please dont come up with this kind of web forms and waste our time in trying to fill it. Disappointing.
At the time of submission it is mentioned that ” file name with multiple extension. Please check file extension”. We are not sure weather empanelment form of Concurrent Audit is submitted or not
Not Able to Fill the Number of Members ,holding ACA and FCA Members and it is mandatory Field not able to Submit…. Please Reply for any Solutions.
We are not able to put in partners details hence the form is incomplete & cannot be uploaded
sir
i am unable to complete registration
Partners details not able to enter
GST No. field doesn’t accepts alphabet as the last digit,says fill numeric.
Absolutely pathetic. Sheer waste of time. So ill equipped that they should not have come out with an online form. Such a pathetic experience that after trying to submit the form a message would pop up stating this PAN/FRN etc is already registered. The online form developers are so inept and incompetent that they didn’t bother to run a test run. So many issues right from GST to mandatory fields getting locked. Couldn’t submit the form as it won’t accept stating it’s already registered. How man? How is it already registered when the submission isn’t complete? After trying n number of times finally left it. An absolute nightmare. Criminal waste of time.
Absolutely pathetic. Sheer waste of time. So ill equipped that they should not have come out on an online portal. Such a pathetic experience that after trying to submit the form a message would pop up that the PAN/FRN etc is already registered. How? There is no message that the form is successfully submitted. It can’t be submitted in fact. Left it finally. Did IDBI run a test run before wasting our precious time? The programmers are inept/incompetent. First the GST issue then the submission part. Horrific experience. Absolute nightmare.
We have tried once again and now the we are not able to enter the GST no. itself.
Unless the errors are rectified we can not apply. Whether the concerned IT staff who designed the form will look into the same and rectify the defects and extend the last date (30.04.2018) so that we can apply.
HOPELESS IDBI WEBSITE …GOD KNOWS WHAT THEY WANT…VARIETY OF ERRORS
UNABLE TO SEND FORM ……..NUMBER OF FCA ACA FIELD IS DISABLED…HOW TO FILL FORM
We are also no able to fill “Particulars of Partners” and while we click the “SUBMIT” button the site says “Please enter Number of FCAs” and the result is we are not able to apply.
FORM STUCK BECAUSE OF GST NO. Have been trying to upload since a few days, today happens to be the last date of empanelment. Could’nt submit. Kindly respond.
WE HAVE FILLED ALL THE DETAILS OF PARTNERS, EVEN THOUGH IT IS SHOWING O FCA & 0 ACA, WHY ITS NOT UPDATING, PLZ HELP…
NOT POSSIBLE TO PUNCH DETAILS OF PARTNER AS THESE COLUMNS ARE NOT EDITABLE. BUT WITHOUT IT WE CANT SUBMIT FORM. ANYONE PLEASE SUGGEST
what is the username for login to IDBI Concurrent audit empanelment?
please help
What is the user id for Login? Means FRN or PAN etc..?
When uploading form message is comming “please enter Details Of Partners of the concern”. This message is coming again and again whereas as details of partners we have filled. What is the solution ?
GST No. Column is accepting Only 14 caracters Hence Application can not be uploaded
I’m a retired senior banking professional n currently a freelance trainer in BFSI Sector. Whether I can apply for the post of Concurrent Auditor. Thanks.
can i apply without GST no. for IDBI audit as it shows GST mandatory for apply for audit while submitting form.
If I dont have two years stock audit experience,but have more than forty (40) years of general audit and taxation experience, will I be considered for appointment as stock & receivables audit ?