Bank of Baroda invites application for the
recruitment of Probationary Officer in Junior Management Grade /
Scale-I vacancies. Attached full notification Here
Quick Look
Post Name: Probationary Officer
Number Of Posts: 600
How to Apply: Apply
via Online
Last Date: July 02,
2018
Notification Copy
BARODA CORPORATE CENTRE, MUMBAI
Admission to Baroda Manipal School of
Banking
We are looking for young, energetic, and
innovative minds who can be imparted with the necessary knowledge and skills
required to be good all-round bankers through a -9- (nine) months Post Graduate
Certificate in Banking and Finance course in Baroda Manipal School of Banking.
The course consists of -9- month on campus program and on successful completion
of the course, the candidate would be awarded a Post Graduate Certificate in
Banking & Finance and will be offered appointment in the Bank as
Probationary Officer in Junior Management Grade / Scale-I. However, immediately
after joining the Bank, a -3- month Work Integrated Learning (WIL) in the form
of On the Job Training will have to be carried out by the candidates at a Bank
of Baroda branch, the completion of which will lead to the award of a
Post-Graduate Diploma in Banking & Finance by Manipal Academy of Higher
education (MAHE). Candidates shall be selected through a selection process
consisting of online exam (objective + descriptive) followed by Psychometric
Assessment, Group Discussion and Personal Interview. Admission to the -9- month
Post Graduate Certificate in Banking and Finance course from Manipal Academy of
Higher education (MAHE) to be conducted at the Baroda Manipal school of
Banking, comes with the assurance of a full-fledged Banking career with Bank of
Baroda on successful completion of the course and also subject to fulfilment of
other terms and conditions.
Schedule of Events
Dates Start date for Online Registration:
12.06.2018
Online Payment of Application Fees /
Intimation Charges 12.06.2018 to 02.07.2018
Last date for Online Registration
including Edit / Modification of Application by candidates (including far flung
areas) 02.07.2018
Download of Call letters for Online
Examination (Tentative) After 18.07.2018
Date of Online Examination (Tentative)
28.07.2018
STUDENTS INTAKE (FOR THE SELECTION
EXERCISE OF 2018-19)
A total of 600 students will be inducted
in Baroda Manipal School of Banking through the current selection exercise for
2018-19 (April 2018 to March 2019). The intake of students in batches will be
decided by the Bank, as per the requirement.
PROGRAMME FEES
The fees for this Course will be ` 3,
45, 000/- (all inclusive of boarding, Lodging and course fees, other fees,
etc.) plus applicable taxes to be paid by the student. Apart from the above
course fees, the exam fees for undergoing various Certification exams viz. NISM
(Mutual Funds) and NISM (Depository services) as mandated under the course will
have to be borne by the candidates, as per the fees charged by NISM from time
to time for conducting these Certification exams. Currently, the fees for NISM
(Mutual Funds) and NISM (Depository services) certification exams comes to `
2500/- per candidate.
FINANCING / LOAN OPTIONS
Students can finance the course fees by
availing an Education Loan which will be granted by Bank of Baroda at a highly
concessional rate of interest of 8% p.a. Students can therefore obtain a high
quality specialized course in Banking and Finance without any monetary burden
on them and fully financed by the Bank. The EMIs for the loan would start on
completion of the course duration (i.e. one year from admission). There would
be no recovery of EMIs or interest during the training period and the interest
accrued during this period would be recovered along with the normal EMIs. The
EMIs are spread over a period of 84 months (7 years) to ensure that there is
minimal impact in the monthly earnings of the PO. The selected candidates can
also avail loan for purchase of Laptop to the maximum limit of ` 35,000/-, if
the student wishes to do so. Actual cost of purchasing a laptop or ` 35,000/-,
whichever is lower (in case the candidate is desirous of purchasing a laptop)
will be financed as loan to the selected candidates.
REIMBURSEMENT OF COURSE FEE
After completion of 5 years of active
service in the Bank, the course fee of ` 3, 45, 000/- shall be reimbursed by
the Bank as ‘Loyalty Bonus’ to the officer who pass out from Baroda Manipal
School of Banking.
Educational Qualifications (As on
02.07.2018):
A Degree (Graduation) with minimum 55%
(50% for SC/ST/PWD) marks in any discipline from a recognized University or any
equivalent qualification recognized as such by Central Government. All the
educational qualifications mentioned should be from a University / Institution
/ Board recognized by Govt. of India / approved by Govt. Regulatory Bodies and
the result should have been declared on or before 02.07.2018. Proper document
from Board / University for having declared the result on or before 02.07.2018
has to be submitted at the time of interview. The date of passing the
eligibility examination will be the date appearing on the mark-sheet or
provisional certificate issued by University / Institute. In case the result of
a particular examination is posted on the website of the University / Institute
and web based certificate is issued then proper document / certificate in
original issued and signed by the appropriate authority of the University /
Institute indicating the date of passing properly mentioned thereon will be
reckoned for verification and further process
Age (as on 02.07.2018)
Minimum 20 years - Maximum 28 years: A
candidate must have been born not earlier than 03.07.1990 and not later than
02.07.1998 (both dates inclusive)
Mode of Payment
Candidates have to make the payment of
requisite fee/intimation charges through ONLINE mode only. The payment can be
made using only Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards,
Internet Banking, IMPS, Cash Cards/ Mobile Wallets by providing information as
asked on the screen.
