Salary Details
- Manager (Middle Management (MM) – II) – The pay band for Managers (MM-II) appointed in the service of the Bank shall be (` 48170 -1740 – 49910 -1990 – 69810) as per the Indian Banks’ Association (IBA) 11th Bipartite Settlement.
- Management Trainee (MT) – Management Trainees will be absorbed in Grade/Scale Junior Management (JM I) as Deputy Manager, after successful completion of training period for one year in the Bank. A monthly stipend of ` 55,000/- will be paid during the period of training. The pay band for Deputy Managers (JM-I) appointed in the service of the Bank shall be (` 36000 -1490 – 46430 -1740 – 49910 – 1990 – 63840) as per the Indian Banks’ Association (IBA) 11th Bipartite Settlement. The current CTC of Deputy Manager works out to ₹ 17.00 lakh per annum approximately.
Important Dates
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Opening Date13 December 2023
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Closing Date01 January 2024
Age Limit
- Manager (Middle Management (MM) – II) –
- Scheduled Tribe 39 Years Other Backward Classes (Non-Creamy Layer) 37 Years
- Management Trainee (MT)
- – Scheduled Caste/ Scheduled Tribe 33 Years Other Backward Classes (Non-Creamy Layer) 31 Years Persons with Benchmark Disabilities (PwBD) – PwBD (SC/ ST) 43 Years – Persons with Benchmark Disabilities (PwBD) – PwBD (OBC-NCL) 41 Years
Education Qualification
- Manager (Middle Management (MM) – II) –
- Minimum 60% aggregate marks / equivalent Cumulative Grade Points Average (CGPA), in Graduation. And MBA/PGDBA, with specialization in Finance or Chartered Accountants (CA). MBA/PGDBA course should be of a minimum 2-year full time duration, with a specialization in Finance with minimum 60% aggregate marks / equivalent CGPA. In case of CA, passing the professional examination is sufficient.
- Experience:
- Candidates presently working with Public Sector Banks/All India Financial Institutions/ Central Government/ State Government/ PSU, or any other organisation of repute, with at least 4 years of post qualification experience (in Scale I or equivalent).
- Management Trainee (MT) –
- Minimum 60% aggregate marks / equivalent Cumulative Grade Points Average (CGPA), in Graduation. and Post Graduation (MBA / PGDBA or equivalent) with specialization in Finance or Chartered Accountant (CA).
Post Graduation course should be of a minimum 2-year full time duration, with a specialization in Finance with minimum 60% aggregate marks / equivalent CGPA. In case of CA, passing the professional examination is sufficient.
Candidates who have appeared / appearing for the final examination in Post Graduation or Chartered Accountancy and are expecting their results by June 01, 2024, are eligible to apply.
Application Fees
- Application fees and intimation charges (Non-refundable) are ₹ 600/-
- OBC candidates and ₹ 100/- (Intimation charges) for SC/ST/ PwBD /EWS and Female candidates.
Selection Process
- Online Test comprising of objective and descriptive type questions
- Personal Interview
Vacancy Details
- Manager (Middle Management (MM) – II) – 03
- Management Trainee (MT)
* Credit Appraisal
* Loan operations & monitoring
* Lines of Credit / Infrastructure
* New Business Development
* Sustainable Enterprises Export Development
* Internal Audit
* Risk Management – 12
Application Link