NO. OF VACANCIES: 100
The number of vacancies is provisional and may vary according to the actual requirements of the Bank/future contingencies.
No. of Vacancies-Probationary Officer-100
IMPORTANT DATES:
Online Application – Start Date 20.06.2018
Online Application – End Date 27.06.2018
Online Test 07.07.2018
ELIGIBILITY:Educational Qualification as on 31.12.2017
X/ SSLC, XII/ HSC & Graduation with minimum 60 % marks under regular
course.
Age:
Less than 25 years as on 31.12.2017. Candidate should be born not earlier
than 01.01.1993 and not later than 31.12.1998 (both days inclusive).
Upper age limit will be relaxed by 5 years in the case of SC/ST candidates.
Candidates who are meeting the requisite educational qualification as on 31.12.2017 only will be eligible to apply.
• Candidate should have passed X, XII and Graduation under regular course (full time course) from a recognised University/ Institute recognised by the Govt. of India. Educational qualification by mode of distance education will not be considered.
• If Grade/ CGPA is awarded instead of marks, only candidates securing CGPA/ Grade equivalent to 60% or more may apply. Equivalent percentage should be mentioned at the time of application.
• Those who have scored less than 60% marks will not be eligible for applying. Rounding off to the nearest integer is not allowed. (for e.g. 59.99 % cannot be rounded off to 60 % )
PROGRAMME AND COURSE FEE:
The selected candidates shall undergo 8-months residential campus programme at the Manipal Global Education Services Pvt. Ltd, Bangalore (MaGE) and 4 months’ internship at Bank Branch. During the Campus programme, a well-structured syllabus is designed to meet the skill sets as required and to identify candidates in areas of their excellence. On successful completion of the programme, the candidates may be awarded Post Graduate Diploma in Banking & Finance by Manipal Academy of Higher Education (MAHE) and will be absorbed to the services of the Bank as Probationary Officer in Scale I cadre. The fees for this Course will be Rs. 3.50 lakhs (all inclusive of boarding, Lodging and
course fees, other fees, etc.) plus taxes, as applicable to be paid by the student.
INCENTIVES
The students will paid a sum of Rs 3,000/- p.m. during 8 months classroom training and an amount of Rs 15,000/- p.m. during internship period of 4 months.
SALARY:
IBA approved pay scale of Rs. 23700– 980/7 – 30560- 1145/2 – 32850- 1310/7 – 42020 plus DA, HRA & other allowances (likely to be revised). Eligible for Performance Linked Incentive applicable to Scale I officers.
POSTING LOCATION:
Posting Location can be anywhere in India at the sole discretion of the Bank
MODE OF SELECTION:
Online Test, Group Discussion and Personal Interview
APPLICATION FEE*
General Category Rs. 800/-
SC/ST category Rs. 200/-
EXAM PATTERN
For queries please contact:
Our Toll Free Customer Care Number 1800-425-1809/ 1800-102-9408 or mail us at careers@sib.co.in
South Indian Bank PO Notification 2018
South Indian Bank PO 2018 Notification -100 vacancies
