Dec
20

10 Reasons Why Working in a Bank is a Great Idea

A career in banking is one of the most sought after professions in the country. It is respectful, dignified, and the benefits provided by the parent company are to die for. The only way to get enrolled with a leading banking firm is to clear the IBPS exam, or else migrate towards this line of work through a management degree in finance.

The number of aspirants vying to enter this field are increasing every day. Be it a clerical job profile or the position of a probationary officer, competition to clear the exam is fierce. Many candidates prefer to take coaching classes before sitting for the exam. The important question to address here is; what is it about working for a bank that compels science graduates, management students, and even law graduates to change their profession and shift to this field entirely?

Working in a bank is Great Idea

Here is why:

#1. Complementary support: A bank comes with a compliance department. They provide support staff to help you in times of need. You may be expected to spend late nights in the office. In such a situation, if something goes wrong, you will have complete support at your disposal in the form of the compliance department.

#2. Travel opportunities: Banks have branches all over the world, and it’s highly possible that you get a chance to attend a conference, or chair a meeting in some other country. Why, ICICI bank, the 2nd largest bank of India has a strong presence in about 18 countries. A career with ICICI will be profitable for sure.

#3. The respect: Working in a private bank or a government bank is highly prestigious. Your designation does not matter as it’s the alliance with the organisation that holds weight. Moreover, working in this sector gives you that extra edge of finding work anywhere in the entire world.

#4. Sense of security: Yes, bank jobs are highly secure. Private organisations get affected by economy slowdowns and market impacts, but the government organisations remain unaffected. There will come no moment in your life when you feel uncomfortable about working in a bank, except, perhaps, when you join. The probation period for a new joiner can be stressful but once you get permanent, there is absolutely nothing you will have to worry about.

#5. Working hours: It goes without saying that “working hours” in a bank are the best for any organisation. The timings are fixed, and there are no fluctuations, except at the end of a financial year when the work load might be a tad bit too much. Saturdays are half days and Sundays a mandatory off across all banks in India. Axis bank shuts at 4 pm every working day.

#6. The culture: The hierarchy of work in a bank is appropriately divided amongst all the employees. It is due to this reason that a bank professional is never overworked. Late nights happen in emergencies and other times they are free to go home on time. In short, they do have a life. Family can surely take precedence for a banker.

#7. Irresistible incentives: Banks are people oriented. They provide highly lucrative benefits to their employees to ensure a comfortable and hassle-free alliance. Women, especially, are given deals which are simply irresistible. For example:

· ICICI bank: Maternity leave can be extended from 6 months by taking leave without pay, 36 days of leave are given to women and single fathers every year for child care until the child attains the age of 2 years, 180 days of fertility leave, and 36 days of paid leave is given if you plan to adopt a child.

· HSBC: Paid maternity leave for 6 months, leave without pay for up to 4 months, counseling for new mothers, and maternity cover options.

· Standard Chartered: “colours of joy” day care centres in Mumbai and Delhi, and sabbatical for women employees.

· Citi India: “Flexible Maternity Policy” gives women employees to avail their 180 days of leave in tranches. Mothers are also encouraged to secure their performance ratings during a maternity leave.

#8. Impeccable training: Every candidate gets specialized training on joining the bank force. You could be sent to another city or even some other country to get this prestigious coaching.

#9. Networking: Talking to people is a key feature of working in a bank. Here, you not only get to work in a sophisticated environment but interact with highly intelligent people as well. Also, banks are highly international. You will be working with individuals of different nationalities, all the time.

#10. Salary packages: Last but not the least, the sole purpose of getting a respectful job is the money. And banks have lots of cash to offer its employees. The compensation packages are very comfortable, for example, State Bank of India pays 9% above the market. ICICI banks average salary per employee is 6 lacs, whereas it is 10 lacs for an employee of SBI.

Conclusion

As is evident from the aforementioned conversation, pursuing a career in the banking sector is highly profitable and riddled with benefits. Jobs in ICICI bank, SBI, HSBC, Axis, or any other bank in India can be attained by clearing the requisite exams with distinction. ICICI bank jobs and SBI jobs are the most popular with college graduates. The SBI PO exam is very famous, with lacs of aspiring students sitting for the exam every year.

Author Bio: Tina Jindal is a professional content writer who works on a variety of topics like employment, real estate, and education. She has been involved with renowned publications and has tried her hand at editing works on Cookery, Gardening, Pregnancy, and Healthcare. She loves to travel and is crazy about dogs. You can contact her at tinajindal38@gmail.com, https://www.linkedin.com/pub/tina-jindal/5a/b4b/524, or Google.com/+TinaJindal38.

Dec
20

Allahabad Bank Recruitment 2014-2015 for Armed Guards Posts

Allahabad Bank has been released a notification for 11 jobs or vacancies for Mumbai Zonal Office. Recruitment details are given below:

Recruitment details of Allahabad BankAllahabad Bank Recruitment

Important Dates:

Last Date to Send Application: 27-12-2014

Total Number of Vacancies: 11 Posts

Name of the Posts:

Armed Guards:

  • General: 06 Posts
  • SC: 02 Posts
  • ST: 01 Posts
  • OBC: 02 Posts

Educational Qualification:

A pass in Eighth standard or its equivalent but the candidate should not have passed 10+2 examination or its equivalent and Experience will be Only Ex-servicemen having worked for not less than 3 years of service in Armed Forces of the Union are eligible.

Age Limit:

Minimum age is 18 years with maximum 26 years for General candidates with relaxation in upper age as under :

  • SC/ST candidates by 5 years and OBC candidates by 3 years.
  • For Ex-servicemen, further relaxation of minimum 3 years plus actual period of service in the Armed Forces with maximum age limit of 50 years
  • The relaxation in upper age limit is cumulative, if the candidate belong to more than one category.

Pay or Salary:

In the Pay Scale of Rs. 5,850-(200/4)-6,650-(250/5)-7,900-(300/4)-9,100-(350/3)-10,150-(400/3)-11,350/- as per Bipartite Settlement and other allowances like Dearness allowance, House Rent Allowance etc. as admissible from time to time. They shall be covered under Defined Contributory Pension Scheme of the Bank.

Selection Procedure:

The candidates short listed for the post of Armed Guard may have to undergo written test/ proficiency test and /or interview and their selection will be made on the basis of their performance in the written test/proficiency test and/or interview. Accordingly, candidates found suitable will be placed on the list to be prepared for the post of Armed Guard subject to vacancies and reservation requirements.

How to Apply:

  • All eligible candidates should apply in the prescribed Application Format published herewith. Application in any other format shall be rejected.
  • A candidate must fill the application form in Block letters in his/her own handwriting.
  • Application should be in A-4 size paper (11.69” x 8.27”) and should be strictly as per the format without correction/alteration/ over writings. Application may be preferably typewritten or neatly handwritten in English/Hindi.
  • Application should be supported by the attested copies of the following certificates/ documents : Certificates regarding educational qualifications, age, experience, caste in case of SC/ST/OBC candidates, Discharge certificate/ Service Book.
  • Latest passport size signed photograph not more than six months (3 cm x 2.5 cm) should be affixed on the right hand top corner of the application. Two additional signed photographs (3
    cm x 2.5 cm) should be attached with the application form.
  • Application, complete in all respects should reach within 27.12.2014, addressed to “Deputy General Manager, Allahabad Bank, Zonal Office, Mumbai, 216, Dr.Annie Besant Road, Worli, Mumbai 400030“.

Last Date of Application: 27/DEC/2014

Dec
16

MBGB Recruitment 2014 For Officer & Office Assistant Posts

Madhya Bihar Gramin Bank (MBGB) Recruitment 2014 Advertisement Apply Online Application Officer & Office Assistant posts vacancies

MBGB has been decided to recruit Officer & Office Assistant posts advertisement at 16th December, 2014.

MBGB Recruitment 2014:

Madhya Bihar Gramin Bank Sponsored by Punjab National Bank was established under Regional Rural Bank Act, 1976 and by Govt. of India, Ministry of Finance, Economic affairs and Banking Division notification no. F. No. 1(1) 2006-RRB dated 10.02.2006 by amalgamating four RRBs viz. Bhojpur Rohtas Gramin Bank, Magadh Gramin Bank, Nalanda Gramin Bank and Patliputra Gramin Bank. MBGB head office located at- Patna, Bihar. Phone No- : 0612- 2205565, 0612- 2205568 & E-mail- mbgbhohrd@gmail.com.

MBGB Recruitment 2014 Vacancies Details:MBGB-Recruitment

Name of the Post

  • Officer Scale- III – 02 Posts
  • Officer Scale- II (Agricultural Officer) – 27 Posts
  • Officer Scale- I – 147 Posts
  • Office Assistant (Multipurpose)200 Posts

Selection Process: Interview

Salary offered:

  • Rs. 25700-800/5-29700-900/2-31500/-
  • Rs. 19400-700/-1-20100-800/10-28100/-
  • Rs. 14500-600/7-18700-700/2-20100-800/7-25700/-
  • Rs. 7200-400/-3-8400-500/3-9900-600/4-12300-700/7-17200-1300/1-18500-800/1-19300/-

Qualification:

  • Officer Scale- III – Graduate or equivalent with 50% marks
  • Officer Scale- II (Agricultural Officer) – Graduate in Agriculture/ Horticulture/ Dairy/ Animal Husbandry/ Forestry/ Veterinary Science/
  • Officer Scale- I – Graduate or equivalent
  • Office Assistant (Multipurpose) –  Graduate or equivalent

How To Apply:

For latest recruitment and job advertisement you can visit MBGB official website and check careers / recruitment 2014 section.  Details will be available on official website www.mbgbpatna.com

Last Date of Application: 01-01-2015

Dec
16

RBI Guwahati Recruitment 2014 For Pharmacist Posts

Author Sridhar    Category RBI Recruitment     Tags ,

Reserve Bank of India (RBI) Guwahati Recruitment 2014 Advertisement Notification Pharmacist posts vacancies RBI Guwahati has been decided to recruit Pharmacist posts advertisement at 14th December, 2014.

Recruitment details of RBI GuwahatiRBI

Name of the Post: Pharmacist (01 Post)

Minimum Qualification: Diploma in Pharmacy

Selection Process: Interview

Salary Scale: Rs. 300/- per hour

How To Apply:

For latest recruitment and job advertisement you can visit RBI Guwahati official website and check careers/recruitment 2014 section. Details will be available on official website www.rbi.org.in

Last Date of Application: 30-12-2014

Dec
6

BOI Recruitment 2014-2015 for 40 Sub Staff Vacancies

Author Sridhar    Category Other PSU Banks     Tags ,

Bank of India Recruitment for 40 Sepoy (Sub Staff) Vacancies. BOI has been released a notification for 40 jobs or vacancies.

BOI Recruitment 2014-2015 Details:BOI-Raigad-Zone-Recruitment

Total Number of Vacancies: 40 Posts

Name of the Posts:

  • Sepoy (Sub Staff): 40 Posts

Educational Qualification: SSC (Std 10th passed), working knowledge of Marathi, Hindi & English.

Age Limit:

Age limit should be 18 – 26 years as on 07-05-2012. Check below notification for age relaxation as per the rules of BOI.

How to Apply:

candidates can send applications in the prescribed format along with attested copies of employment exchange registration card if registered, school leaving certificate, caste certificate, qualification certificates/ mark sheets, medical board certificate regarding physical disability etc & other relevant documents from 01-12-2014 to 13-12-2014 to the “Post Box No:87. Alibag GPO, Alibag – 402201.” The documents containing envelope should be superscribed as “Application for the post of Sepoy” in Bold letters on the envelope.

Last Date to Apply: 13-12-2014

Dec
6

Prathama Bank Recruitment 2014-2015 for 389 Officer, Office Asst Posts

Prathama Bank has been released a notification for 389 jobs or vacancies. Recruitment details has been provided below:

Recruitment details of Prathama BankPrathamaBank_Recruitment

Important Dates:

Starting Date to Apply Online: 04-12-2014
Last Date to Apply Online: 20-12-2014
Last Date to Pay Fee: 20-12-2014

Total Number of Vacancies: 389 Posts

Name of the Posts:

  • Officer Scale-III: 04 Posts
  • Officer Scale-II(General Banking Officer): 27 Posts
  • Officer Scale-II(IT): 08 Posts
  • Officer Scale-II(CA):01 Posts
  • Officer Scale-II(Law): 01 Posts
  • Officer Scale-I: 74 Posts
  • Office Assistant (Multipurpose): 274 Posts

Educational Qualification:

Degree from a recognised University in Electronics/ Communication/ Computer Science/ Information Technology or its equivalent with a minimum of 50% marks, Degree in any discipline from a recognized University or its equivalent, proficiency in local language, knowledge of Computer Skills, Certified Associate (CA) from Institute of Chartered Accountants of India, Degree from a recognised University in Law or its equivalent with a minimum of 50% marks.

Pay Scale:

Scale I: – Rs. 31,363/-, Scale-II: – Rs. 41,962/-, Scale-III: Rs. 55,589/-, Office Assistant (Multipurpose):- Rs. 15,609/- inclusive of DA & HRA at the current rates depending on the place of posting ; Medical Aid, LTC, Gratuity, etc. will be admissible as per Rules of the Bank.

Age Limit:

21-40 years i.e candidates should not have been born earlier than 03-06-1974 and later than 31-05-1993 (both dates inclusive) for Officer Scale-III Post, 21 – 32 years i.e candidates should not have been born earlier than 03-06-1982 and later than 31-05-1993 (both dates inclusive) Officer Scale-II(General Banking Officer) Post, 18 – 28 years i.e candidates should not have been born earlier than 03-06-1986 and later than 31-05-1996 (both dates inclusive) for Officer Scale-II(IT) Post, 18 – 28 years i.e candidates should not have been born earlier than 02-06-1986 and later than 01-06-1996 (both dates inclusive) for Officer Scale-II(CA) Post. Check below notification for age relaxation.

Application Fee:

Rs. 20/- for SC/ ST/ PWD candidates, Rs. 100/- for all others

How to Apply:

Candidates can apply online through the website www.prathamabank.org  from 04-12-2014 to 20-12-2014.

Last Date of Application: 20/DECEMBER/2014

Dec
6

KVG Bank Recruitment 2014-2015 for 1126 Officer, Office Asst Posts

Karnataka Vikas Grameena Bank Recruitment for 1126 Officer(Scale-I,II,III), Office Assistant (Multipurpose) Vacancies. KVG Bank has been released a notification for 1126 jobs or vacancies. Recruitment details of KVG Bank are mentioned below:

Recruitment details of KVG BankKVG-Bank

Name of the Posts:

  • Officer Scale-III: 12 Posts
  • Officer Scale-II (General Banking Officer): 68 Posts
  • Officer Scale-II (IT): 18 Posts
  • Officer Scale-II (Law): 02 Posts
  • Officer Scale-II (Treasury Manager): 02 Posts
  • Officer Scale-II (Marketing Officer): 17 Posts
  • Officer Scale-II (Agricultural Officer): 07 Posts
  • Officer Scale-I: 318 Posts
  • Office Assistant (Multipurpose): 682 Posts

Educational Qualification:

Degree in any discipline from a recognized University/ equivalent for all posts, Certified Associate ship (CA) from Institute of Chartered Accountants of India or MBA in Finance from a recognized university/ institution for post 2-iv, MBA in Marketing from a recognized university for post 2-v. Must possess Proficiency in local language and Computer Skills.

Pay or Salary Scale:

Officer Scale – III: Rs. 55,589/- (approx per month)
Officer Scale – II: Rs. 41,962/- (approx per month)
Officer Scale – I: Rs. 31,363/- (approx per month)
Office Assistant (Multipurpose): Rs.15,645/- (approx per month)

Age Limit:

Age limit should be 21–40 years i.e candidates should not have been born earlier than 03-06-1974 and later than 31-05-1993 (both dates inclusive) for Officer Scale-III Post, 21 – 32 years i.e., candidates should not have been born earlier than 03-06-1982 and later than 31-05-1993 (both dates inclusive) for Officer Scale-II (General Banking Officer) Post, 18 – 28 years i.e candidates should not have been born earlier than 03-06-1986 and later than 31-05-1996 (both dates inclusive) for Officer Scale-II (IT) Post, 18 – 28 years i.e candidates should not have been born earlier than 02-06-1986 and later than 01-06-1996 (both dates inclusive) for Officer Scale-II (Law) Post. Check below notification for age relaxation as per the rules.

How to Apply:

Candidates may apply online through Bank’s website www.kvgbank.com  from 05-12-2014 to 22-12-2014. After submission of application candidate need to take print out of online application and retain it for future use.

Last Date of Application: 22/December/2014

Dec
5

BOI Recruitment 2014-2015 for 13 IT Officer Jobs

Bank of Indian Recruitment for 13 Specialist IT Officers Vacancies. BOI has been released a notification for 13 Jobs or vacancies.

Recruitment details of BOIBOI-Raigad-Zone-Recruitment

 

 

Important Dates:

Starting Date to Apply Online: 04-12-2014
Last Date to Apply Online: 22-12-2014
Tentative Date of Online Examination: 22-01-2015
Last Date to Pay Fee: 22-12-2014

Total Number of Vacancies: 13 Posts

Name of the Post:

  • Information Technology(Grade-III): 04 Posts
  • Information Technology(Grade-IV): 06 Posts
  • Information Technology(Grade-V): 03 Posts

Educational Qualification:

Information Technology(Grade-III): Graduate Degree in Information Technology / Computer Engineering or Post Graduate degree in Computer Applications / Computer Science/ Information Technology from a recognized University or Institute recognized by AICTE as regular full time student in the aforesaid Bachelor degree programme or post-graduation degree programme.
Information Technology(Grade-IV): Graduate Degree in Information Technology / Computer Engineering or Post Graduate degree in Computer Applications / Computer Science/ Information Technology from a recognised University or Institute recognised by AICTE as regular full time student in the aforesaid Bachelor degree programme or post-graduation degree programme.
Information Technology(Grade-V): Graduate Degree in Information Technology / Computer Engineering or Post Graduate degree in Computer Applications / Computer Science/ Information Technology from a recognised University or Institute recognised by AICTE as regular full time student in the aforesaid Bachelor degree programme or post-graduation degree programme.

Age Limit:

Information Technology (Grade-III): Minimum 28 Years, Maximum 40 Years as on 01.11.2014
Information Technology (Grade-IV): Minimum 30 Years, Maximum 45 Years as on 01.11.2014
Information Technology (Grade-V): Minimum 35 Years, Maximum 50 Years as on 01.11.2014

Application Fee:

SC/ST/PWD: Rs. 100.00/- (INTIMATION CHARGES ONLY)
GENERAL & OTHERS: Rs. 600.00/- (APPLICATION FEE + INTIMATION CHARGES)

How To Apply:

Interested and Eligible candidates can apply online through the bank website www.bankofindia.co.in  on or before 22nd December 2014.

Last Date of Application: 22/December/2014

Dec
5

BOI Recruitment 2014-2015 for 33 Specialist Officer Posts

Bank of Indian Recruitment for 33 Specialist Officers Vacancies. BOI has been released a notification for 33 Jobs or vacancies. Recruitment details are given below:

Recruitment details of BOIBOI-Raigad-Zone-Recruitment

Important Dates:

Starting Date to Apply Online: 04-12-2014
Last Date to Apply Online: 22-12-2014
Tentative Date of Online Examination: 22-01-2015
Last Date to Pay Fee: 22-12-2014

Total Number of Vacancies: 33 Posts

Name of the Post:

  • Industrial Relations: 06 Posts
  • Investigation: 04 Posts
  • Technical Appraisal: 18 Posts
  • Statistician: 05 Posts

Educational Qualification:

Industrial Relations: A Bachelor’s degree in any discipline from a UGC recognised university with 55% marks and full time MBA with specialization in HR/Personnel Management or MSW or post graduate degree (regular course) with specialization in H.R./Personnel Management /I.R./Labour Laws from UGC recognised university / other reputed institutions. Degree in Law is desirable.
Investigation: Graduate from a recognised University. A degree in law will be preferred. Preference will be given to candidates with higher qualifications.
Technical Appraisal: Engineering degree in discipline such as Textiles, Chemical, Mechanical, Electrical, Electronics, Production, Computer Science, Metallurgy, B. Pharm. MBA in Finance from any UGC recognized university is desirable
Statistician: Master’s Degree in Statistics with minimum 60% marks in aggregate as full time regular student from a recognised University/ other reputed institutions such as Indian Statistical Institute, Kolkata.

Age Limit:

  • Industrial Relations: Minimum 21 Years, Maximum 30 Years as on 01.11.2014
  • Investigation: Minimum 32 Years, Maximum 45 Years as on 01.11.2014
  • Technical Appraisal: Minimum 21 Years, Maximum 35 Years as on 01.11.2014
  • Statistician: Minimum 21 Years, Maximum 35 Years as on 01.11.2014

Application Fee:

SC/ST/PWD: Rs. 100.00/- (INTIMATION CHARGES ONLY)
GENERAL & OTHERS: Rs. 600.00/- (APPLICATION FEE + INTIMATION CHARGES)

How To Apply:

Interested and Eligible candidates can apply online through the bank website www.bankofindia.co.in on or before 22nd December 2014.

Last Date of Application: 22-12-2014

Nov
28

TMB Recruitment 2014 For GM & DGM Posts

Tamilnad Mercantile Bank (TMB) Recruitment 2014 Advertisement Notification GM & DGM posts vacancies. The details of this posts are mentioned below:

Recruitment details of TMBTMB Bank

Name of the Posts:

  • Deputy General Manager- Integrated Treasury
  • General Manager- Information Technology

Minimum Qualification:

Deputy General Manager- Integrated Treasury – Graduate/ Post Graduate in any discipline with CAIIB

General Manager- Information Technology – B.E/ M.E/ B. Tech/ M. Tech/ MCA or other IT related Qualification

Age Limit: Between 50 to 60 years

Salary Scale:

Deputy General Manager- Integrated Treasury -  Rs. 97,176/- per month

General Manager- Information Technology – Rs. 1,17,905/- per month

How To Apply:

The application should be submitted in prescribed format as provided below.
The cover containing the application in the prescribed format with complete
details of academic, professional qualification and experience along with the
self attested copy of the relevant Testimonials / Documents should be
superscribed as Application for the Post of DGM (Integrated Treasury) and should reach us on or before Dec 10, 2014. The cover should be sent to:

The General Manager,
HRD Department,
Tamilnad Mercantile Bank Ltd.,
Head Office, # 57, V. E. Road,
Thoothukudi – 628 002.

Last Date of Application: 10/DECEMBER/2014

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