SIB South Indian Bank Probationary Officers- Scale-I 100 Posts

Start date

20-Jun-18

Last date

27-Jun-18

SIB or South Indian Bank has announced job notification for the post of Probationary Officers- Scale-I. Total Vacancies are 100 and the last date to apply is 27-06-2018. Online registration will start from 20-06-2018. (एसआईबी या साउथ इंडियन बैंक ने प्रोबेशनरी ऑफिसर-स्केल -1 के पद के लिए नौकरी अधिसूचना की घोषणा की है। कुल रिक्तियां 100 हैं और आवेदन करने की अंतिम तिथि 27-06-2018 है। ऑनलाइन पंजीकरण 20-06-2018 से शुरू होगा।)

About Ssib_logoIB - South Indian Bank Limited (SIB) is a major private sector bank headquartered at Thrissur in Kerala, India. (साउथ इंडियन बैंक लिमिटेड (एसआईबी) भारत के केरल के त्रिशूर में मुख्यालय का एक प्रमुख निजी क्षेत्र का बैंक है।)

Post Details - 

Name of the Post Total Vacancies Age Limit Salary Details
Probationary Officers- Scale-I 100 Less than 25 years as on 31.12.2017 pay scale of Rs. 23700– 980/7 – 30560- 1145/2 – 32850- 1310/7 - 42020 plus DA, HRA & other allowances

The period of probation is 2 years. Confirmation will be subject to satisfactory performance during probation.

The bank is offering one year Post Graduate Diploma in Banking and Finance course in Manipal Global Education Services Pvt. Ltd. (MaGE), Bangalore. On successful completion of the course within the stipulated time period, the candidates would be offered appointment in the bank as Probationary Officer in Scale-I.

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. The fees for this Course will be Rs. 3.50 lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus taxes.

The students will paid a sum of Rs 3,000/- p.m. during 8 months of classroom training and an amount of Rs 15,000/- p.m. during internship period of 4 months. The loyalty bonus of Rs.3,50,000/- shall be paid to the officers as annual instalments from the end of 5th year upto the end of 10th of the year of continuous service in the Bank based on the satisfactory performance of the candidates and recommendation from the Performance Evaluation Committee.

Selected candidates at the time of joining the course will have to execute an agreement to the effect that they will serve the Bank for a minimum period of three (3) years (active service) from the date of their joining the Bank. In case of discontinuance, the following terms will be applicable:

a) During course period -

• Repay the full amount of stipend received during the programme period plus Rs.1,50,000/- towards training and liquidated damages.

• Settle the education loan outstanding at the time of discontinuance (if any).

b) Within 3 years of joining the service of the Bank - 

• Provide notice of three months (continuous service without leave).

• Settle the education loan outstanding at the time of discontinuance (if any).

• Payment of Rs.1,50,000/- (towards compensation and liquidated damages) plus 3 months Pay & Allowances last drawn (towards shortage in notice period if any) at the sole discretion of the Bank.

c) After 3 years of joining the service of the Bank -

• Provide notice of three months (continuous service without leave) plus 3 months Pay & Allowances last drawn (towards shortage in notice period if any) at the sole discretion of the Bank.

• Settle the education loan outstanding at the time of discontinuance (if any).

Role

Probationary Officers- Scale-I

Salary

Rs. 23700– 980/7 – 30560- 1145/2 – 32850- 1310/7 - 42020

Degree/Education

X/ SSLC, XII/ HSC & Graduation

Age Limit

Max 25 years (Age relaxation as per GOI)

Job Location

All India

Vacancies

Total - 100 Posts

Employment Type

FULL-TIME

Hiring Organization

SIB South Indian Bank

Educational Qualification

Eligibility - X/ SSLC, XII/ HSC & Graduation with minimum 60 % marks under regular course.

Job Profile - The selected candidates can be posted in any roles/ profiles at any branches /offices/ departments as per the sole discretion and requirements of the Bank from time to time. The job role/ profile include branch banking, credit, business development, marketing, forex, treasury, central processing centres etc.

Selection Process

Selection will be done on the basis of Online Test, Group Discussion and Personal Interview.

• Initial Shortlisting will be done based on the online test marks.

• Final Selection will be based on the consolidated marks obtained for Online Test, GD and Personal Interview.

• Bank reserves the right to make required modifications in the selection process considering the number of applications for the post.

Written Exam Pattern - The exam will consist of 140 Question of 140 marks and time duration will be of 120 minutes. The Exam is in English language only. There will be the ¼ penalty for wrong answers

Name of Tests No. Of Ques No. Of Marks Time Duration 
Reasoning & Computer Aptitude 35 35 35 Minutes
General/ Economy/ Banking Awareness 35 35 15 Minutes
English Language 35 35 35 Minutes
Quantitative Ability & Data Interpretations 35 35 35 Minutes
Total 140 140 120 Minutes

Tentative Centre List for Online Test -

Hyderabad, Vijayawada, Guwahati, Delhi NCR, Ahmedabad, Bengaluru, Kozhikode, Thiruvananthapuram, Kochi, Mumbai, Pune, Bhopal, Chennai, Coimbatore, Madurai and Kolkata.

Candidates have to produce in original the photo identity proof and submit the photocopy of the photo identity proof along with Examination call letter as well as the Interview.

How to apply

Application Fees - For Gen/OBC application fees is Rs 800/- and For SC/ST, the Application fee is Rs 200/-. Application Fee is not refundable.

Modes Of Payment: Online Mode: Application Fees can be paid through Online mode - Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets.

How to Apply - 1) Candidate may apply online through the website- https://www.southindianbank.com and click on the option "APPLY ONLINE" which will open a new screen.

2) To register application, choose the tab "Click here for New Registration" and enter Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen.

3) Candidate needs to Pay the fees and upload scanned image and signature.

4) After successful registration candidate can log in and fill their application form and submit.

For Detailed Notification, Click here - Official Notification

For queries please contact:

Toll-Free Customer Care Number 1800-425-1809/ 1800-102-9408 or mail us at careers@sib.co.in

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Job Type