Payment banks, a new concept brought by RBI will offer savings & current accounts upto Rs.1 Lac along with other financial services such as insurance, mutual funds, pension, credit products, forex etc.,.BUT cannot issue loans or credit cards.
So applying for jobs in India Post Payments Bank is a good opportunity for those looking for a career in new age govt banking sector.
Assistant Manager (scale I officer) – 650 Openings
In a payscale of Rs.23,700 – 42,020, the salary for IPBB officers could be approx Rs.65,000/ month including allowances & other benefits.
The take home salary may be around Rs.30,000 – 40,000 depending on the place of posting.
Online registrations from October 4 – November 7, 2016
Date of Online Examination – December 2016 & January 2017
Inorder to apply for India post payments bank recruitment 2016, you are required to posses the following eligibility conditions:
Those who are awaiting results or who are in final year/ semester are NOT eligible.
The selection procedure of IPBB consists of the following stages – i) Preliminary Exam ii) Main Exam iii) Interview.
The prelims is an online test for 100 marks with 100 questions.Candidates have to qualify in each of the three tests by securing the necessary cutoff marks decided by IPPB to get shortlisted for mains test.
In mains, there would be separate cutoffs for individual section & total scores.Only those who secure above it, shall qualify for personal interviews.
Final selections are based on your main exam & interview scores only.
Books:
India Post Payments Bank (IPPB) Officers Exam Guide for Rs.170 – Click here to buy online
The application fee of Rs.700 or Rs.150 (SC/ST/PWD) must pay online along with the registration form at www.indiapost.gov.in
While starting to fill the application, you may receive an Email or SMS containing the registration number & password.
Make sure to save this message or note down the details in a separate sheet to avoid losing in future.
On successful submission, remember to take a print of the system generated form for future reference.
If you are intersted to apply for the India Post Payments Bank Recruitment 2016-17, download the notification/ advt from their official website here
The online application is active now – click here to apply
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