Wednesday, 3 August 2016

Bank of Baroda (BOB) Recruitment for 400 Probationary Officer (PO) vacancies: 2016-17.


Baroda Manipal School of Banking Offering Opportunity For Becoming Officers In Junior Management Grade Scale I. In collaboration with Manipal Group of Education, the BoB has set up Baroda-Manipal School of Banking (BMSB) to train young and dynamic professional and award them Post-Graduate Diploma with a specialization in Finance and Banking. The plan is to train and nurture some of the bright young graduates professionally for a dynamic career in banking with the Bank of Baroda.

Important Dates:
Starting date for Online Registration of Application: 02-08-2016
Last date for Online Registration of Application: 21-08-2016.
Date for payment of Application Fees (online): 02-08-2016 till 21-08-2016.
Downloading of call letters: September-2016.
Tentative date for exam: 25-September-2016.

Number of Vacancies: Total 400 (UR- 202 Positions, OBC- 108 Positions, SC-60 Positions, ST- 30 Positions).

About PG-Diploma in Banking & Finance from BMSB:

A. The course consists of Nine Months on campus program, on completion of which 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.
B. After joining the Bank, three months Work Integrated Learning in the form of On the Job Training will have to be carried out by the candidate at a Bank of Baroda branch.
C. On completion of three months Work Integrated Learning, candidates will be awarded Post-Graduate Diploma in Banking & Finance by Manipal university.
For the year 2016-17 the BOB has announced to intake of 400 students in various batches.
D. Three batches of students will be inducted in Baroda Manipal School of Banking through this current selection exercise for 2016-17 (August 2016 to March 2017).
E. On successful completion of the course within the stipulated time period, the candidate would be offered appointment in the Bank of Baroda as Probationary Officers in Junior Management Grade/ Scale I.

Qualification: The candidates should have completed Graduation in any discipline with 60% (55% for SC/ST/PWD) marks from a recognized University or equivalent there of as on the last date for registration of application.

Age Limit: Minimum age of 20 years and maximum of 28 years as on 01-08-2016. The upper age relaxation will be as per Govt rules.

Application Fees:
For SC/ ST/ PWD candidates: Rs. 100/-
For all other candidates: Rs. 600/-
The payment can be made by using only Master/ Visa Debit or Credit cards by providing information as asked on the screen, through ONLINE mode only after completion of basic details on the Online Application Form. NO offline mode of payment will however, be accepted.

Selection Procedure: As per the process of admission, an Online Test would be conducted across the country. The selection is done in the mode of Online Written Aptitude Test followed by Psychometric Assessment, Group Discussion and finally through a Personal Interview.

Program Fees: The fees for this Course will be Rs. 3.45 lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable. This fee has to be paid by the student during the joining in the course.

However, students can finance the course fees by availing the loan from the Bank of Baroda at a highly concessional rate of 8% per annum. The loan can be repaid over a period of time, after the students take up the job as probationary officer. The EMIs for the loan would start on completion of the course duration. The EMIs are spread over a period of 84 months (7 years) after joining. Apart from this the candidates have to deposit nearly Rs.2500 for the exam fees for undergoing various Certification exams like NISM (Mutual Funds) and NISM (Depository Options), etc.

How to Apply: The interested candidates can apply through Online mode only through the website of the Bank of Baroda at www.bankofbaroda.com

The candidates should ensure that they fulfill all eligibility before applying. The application form should be filled in accurately and should be verified before submission. The candidates should read through the detailed notification as available at www.bankofbaroda.com/careers/Admission_2016.asp, before applying for these posts.


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