Bank of Baroda Recruitment: Apply for 600 Probationary Officer, Full Details

We are looking for young, energetic, and innovative minds who can be imparted with the necessary knowledge and skills required to be good all-round bankers through a -9- (nine) months Post Graduate Certificate in Banking and Finance course in Baroda Manipal School of Banking. The course consists of -9- month on campus program and on successful completion of the course, 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. However, immediately after joining the Bank, a -3- month Work Integrated Learning (WIL) in the form of On the Job Training will have to be carried out by the candidates at a Bank of Baroda branch, the completion of which will lead to the award of a Post-Graduate Diploma in Banking & Finance by Manipal Academy of Higher education (MAHE). Candidates shall be selected through a selection process consisting of online exam (objective + descriptive) followed by Psychometric Assessment, Group Discussion and Personal Interview. Admission to the -9- month Post Graduate Certificate in Banking and Finance course from Manipal Academy of Higher education (MAHE) to be conducted at the Baroda Manipal school of Banking, comes with the assurance of a full-fledged Banking career with Bank of Baroda on successful completion of the course and also subject to fulfilment of other terms and conditions.

Dates Start date for Online Registration: 12.06.2018

Online Payment of Application Fees / Intimation Charges 12.06.2018 to 02.07.2018

Last date for Online Registration including Edit / Modification of Application by candidates (including far flung areas) 02.07.2018

Download of Call letters for Online Examination (Tentative) After 18.07.2018

Date of Online Examination (Tentative) 28.07.2018

A total of 600 students will be inducted in Baroda Manipal School of Banking through the current selection exercise for 2018-19 (April 2018 to March 2019). The intake of students in batches will be decided by the Bank, as per the requirement.

The fees for this Course will be ` 3, 45, 000/- (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus applicable taxes to be paid by the student. Apart from the above course fees, the exam fees for undergoing various Certification exams viz. NISM (Mutual Funds) and NISM (Depository services) as mandated under the course will have to be borne by the candidates, as per the fees charged by NISM from time to time for conducting these Certification exams. Currently, the fees for NISM (Mutual Funds) and NISM (Depository services) certification exams comes to ` 2500/- per candidate.

Students can finance the course fees by availing an Education Loan which will be granted by Bank of Baroda at a highly concessional rate of interest of 8% p.a. Students can therefore obtain a high quality specialized course in Banking and Finance without any monetary burden
on them and fully financed by the Bank. The EMIs for the loan would start on completion of the course duration (i.e. one year from admission). There would be no recovery of EMIs or interest during the training period and the interest accrued during this period would be recovered along with the normal EMIs. The EMIs are spread over a period of 84 months (7 years) to ensure that there is minimal impact in the monthly earnings of the PO. The selected candidates can also avail loan for purchase of Laptop to the maximum limit of ` 35,000/-, if the student wishes to do so. Actual cost of purchasing a laptop or ` 35,000/-, whichever is lower (in case the candidate is desirous of purchasing a laptop) will be financed as loan to the selected candidates.

After completion of 5 years of active service in the Bank, the course fee of ` 3, 45, 000/- shall be reimbursed by the Bank as ‘Loyalty Bonus’ to the officer who pass out from Baroda Manipal School of Banking.

A Degree (Graduation) with minimum 55% (50% for SC/ST/PWD) marks in any discipline from a recognized University or any equivalent qualification recognized as such by Central Government. All the educational qualifications mentioned should be from a University / Institution / Board recognized by Govt. of India / approved by Govt. Regulatory Bodies and the result should have been declared on or before 02.07.2018. Proper document from Board / University for having declared the result on or before 02.07.2018 has to be submitted at the time of interview. The date of passing the eligibility examination will be the date appearing on the mark-sheet or provisional certificate issued by University / Institute. In case the result of a particular examination is posted on the website of the University / Institute and web based certificate is issued then proper document / certificate in original issued and signed by the appropriate authority of the University / Institute indicating the date of passing properly mentioned thereon will be reckoned for verification and further process

Minimum 20 years – Maximum 28 years: A candidate must have been born not earlier than 03.07.1990 and not later than 02.07.1998 (both dates inclusive)

Candidates have to make the payment of requisite fee/intimation charges through ONLINE mode only. The payment can be made using only Debit Cards (RuPay/Visa/MasterCard/Maestro), Credit Cards, Internet Banking, IMPS, Cash Cards/ Mobile Wallets by providing information as asked on the screen.