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20 June 2018

South Indian Bank Recruitment 2018 - Probationary Officer (100 Posts)



No of Posts: 100
Last Date: 27/06/2018
South Indian Bank.

South Indian Bank invites young vibrant candidates who fulfill the eligibility criteria specified and who are interested in Banking career with one of India’s premier commercial Banks to apply for admissions to the 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.

Post Name : Probationary Officer in Scale-I
No of posts: 100

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..

Educational Qualification: X/ SSLC, XII/ HSC & Graduation with minimum 60 % marks under regular course..

Programme & 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..

Incentive: 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..

Pay: 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.

Mode of Selection: Online Test, Group Discussion and Personal Interview.

Application Fee: General Category: Rs 800/-, SC/ST category: Rs 200/-

Tentative Cities for Online Test: Hyderabad, Vijayawada, Guwahati, Delhi NCR, Ahmedabad, Bengaluru, Kozhikode, Thiruvananthapuram, Kochi, Mumbai, Pune, Bhopal, Chennai, Coimbatore, Madurai and Kolkata..

How to Apply: Candidates can apply online only from 20.06.2018 to 27.06.2018 and no other mode of application will be accepted. Candidates to visit the Bank’s website ‘www.southindianbank.com’ click on the option "APPLY ONLINE" which will open a new screen.


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