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Bank of Maharashtra, a leading nationalized Bank invites online applications from qualified graduates who will be appointed as Probationary Officer in JMG Scale I after successful completion of one year Post Graduate Diploma in Banking & Finance course specified from the training Institute Manipal Global & / or NIIT- Institute of Finance, Banking & insurance Training Limited a pioneer academic & training institutions.
The candidate thus selected will be admitted into the Training Institute for undergoing required 1 year training programme including 3 months internship. After successful completion of the training programme the candidates will be awarded the POST GRADUATE DIPLOMA IN BANKING & FINANCE from the Institute. Only those candidates who complete the training successfully shall be handed over appointment letters from the Bank and accordingly will be absorbed in the Bank as Probationary Officers in JMG Scale - I and can be posted anywhere in India as per Banks discretion.
Kindly note : Candidates are required to apply on-line through Banks website www.bankofmaharashtra.in
No other means/modes of application will be accepted.
Opening date for On-line Registration 12/08/2016
Closing date for On-line Registration (For all applicants Including those from Far Flung areas). 06/09/2016
Online Exam Date : 28-10-2016 (Friday)
Break up of vacancies is as under:
There are 500 vacancies in JMGS Scale I with reservations as under
PWD Out of which |
|||||||||
No. of Vacancies |
|||||||||
Post Code |
SCALE |
SC |
ST |
OBC |
GEN |
TOTAL | OC | HI | VI |
1 | JMGS-1 | 75 | 37 | 135 | 253 | 500 | 10 | 0 | 5 |
Pay Scale
JMG Scale I : 23700 - 980 /7-30560 -1145/2-32850-1310/7-42020.
They will also be eligible for DA, HRA & CCA, as per rules in force from time to time. At present, total initial package including salary, perquisites and other approximate cost to company will be around Rs. 8.50 lakh per annum.
Eligibility
Nationality/ Citizenship:
A candidate must be either i) a Citizen of India or ii) a subject of Nepal or iii) subject of Bhutan or iv) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India or v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. Provided that a candidate belonging to categories (ii), (iii), (iv) & (v) as above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination/ interview conducted by the Bank but on final selection the offer of appointment may be given only after the Government of India has issued the necessary eligibility certificate to him
Age and Educational Qualification :
The age and qualification (as on 01.07.2016) for the above post is prescribed as under:
Name of |
Age | Qualifications |
Probationary Officer (Scale I) |
Minimum- 18 Years |
A graduate in any discipline from a recognized University |
Maximum-30 Years |
There are relaxations in upper age limit for certain categories. Please see the detailed notification in this regard
Selection Procedure
ONLINE TEST
The selection will be made on the basis of performance in Online Test, Personal Interview and/or GD.
On -line test will be conducted through IBPS/ or any other examiner decided by the Bank and the mode of test will be decided by the Bank.
The details of the written test shall be communicated to the candidates in advance. The Written test will be Objective type.
Type |
SL |
Name of the Test |
No of Question |
Max. Marks |
Time |
Objective Test |
1 |
Reasoning Ability |
50 |
50 |
2 Hour |
2 |
Quantitative Aptitude |
50 |
50 |
||
3 |
General Awareness (related to Banking Industry) |
50 |
50 |
||
4 |
English Language |
50 |
50 |
||
TOTAL | 200 |
The questions in objective tests except for the Test of English will be printed in bilingual, i.e. English and Hindi.
The candidates shall be required to qualify in each objective test as per cut -off marks determined on the basis of Group Performance in each test.
There will be negative marks for the wrong answers in the Objective Tests.
PERSONAL INTERVIEW
Candidates qualifying in the online test will be shortlisted and called for Personal Interview / Group Discussion subject to the number of intake in each category.
After Group Discussions/Personal Interview, shortlisted candidates in order of merit in written test and Personal Interview will have to undertake
PGDBF in Banking from Bank Empanelled Institute at their own expenses for 12 months, of which 3 months INTERNSHIP in Bank branches with a monthly stipend of Rs.20000/- during internship.
Application Fees
Application Fees / Intimation Charges (Payable from 12.08.2016 to 06.09.2016 (both dates inclusive)
- Rs. 100/- for SC/ST/PWD candidates
- Rs. 600/-for all others
Bank Transaction charges / convenience charges for Online Payment of fees / intimation charges will have to be borne by the candidate
PROGRAMME FEES
The fees for this course of PGDBF in Banking from Empanelled Institute
will be approximately Rs. 3.14 to Rs.3.50 lakh plus applicable taxes to be borne by the candidates. The Professional fee (for the complete
term of assignment) for providing Training services also includes lodging, boarding, course material, lab charges / practicals, medical services, examination fees, certificate fees etc.
The candidates have to attend any training Institute/campus as suggested by Bank and no choice of selection available to the candidates.
Once the course opted, the fee has to be paid in lumpsum to the bank from their own source or from loan option. If the candidate leave the course and bank, the course expenses for the entire period will have to be borne by the candidate.
No option for withdrawal from the course or refund of fee even if the loan is disbursed in installments.
For more details visit www.bankofmaharashtra.in
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