INDIA POST PAYMENTS BANK LIMITED SCALE I OFFICERS(ASSISTANT MANAGER) EXAM PRELIMS MOCK TEST Exam Details 

Kindly note that TestBag has now a dedicated microsite for IPPB  SCALE I OFFICERS(ASSISTANT MANAGER) EXAMS.  Please click on ippb.testbag.com

India Post Payments Bank Limited
Recruitment of Scale I Officers

India Post has received in - principle approval from RBI and approval from Cabinet for
setting up India Post Payments Bank Limited.
India  Post  Payments Bank Limited (IPPB)  invites  online  applications  from  qualified
candidates who will be appointed in JMG Scale I.
Candidates will be selected through a selection process specified in this advertisement.

Kindly note :

Opening Date for ONLINE Registration of Application :            04.10.2016

Closing Date for ONLINE Registration of Application :             25.10.2016

Last Date for Payment of Application Fee :                            25.10.2016

Tentative Date of Online Preliminary Written Examination:   7th and 8th JANUARY 2017

India Post Payments Bank Limited Recruitment of Scale I Officers Vacancies 2016 - 2017

ELIGIBILITY CRITERIA
1. NATIONALITY/ CITIZENSHIP
A. Candidate must be either
i. a citizen of India or
ii. a subject of Nepal or
iii. a 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.
Educational Qualification (as on 01.09.2016) :
Assistant Manager (Territory)
Graduate from University/ Institution/ Board recognized by the Government
of India (or) approved by a Government Regulatory Body.
Note:Candidates who fulfill the minimum education qualification and with postal services or sales of financial products/ rural banking / with experience as Business Correspondent for banks are also eligible.

AGE (as on 01.09.2016) :
20 to 30 years
Note:The candidate should be born not before 02.09.1986 and not later than 01.09.1996(both dates inclusive).

There are relaxations in upper age limit for certain categories. Please see the detailed notification in this regard

EMOLUMENTS (AS ON 01.09.2016) AND RELEVANT POLICIES
1. PAY - SCALE, ALLOWANCES AND PERQUISITES
Pay Scale : 23,700 - 42,020
Approximate Total Monthly CTC : 65,000
Approximate monthly CTC calculated at the start of the scale inclusive of Dearness Allowance, City Compensatory Allowance &other allowances at A Category cities.
In addition to the above, the Officer would be entitled to a Performance Pay
as per criteria defined by the IPPB from time to time.
The Officers are also entitled to retirement and terminal benefits as per the policy defined by the IPPB.
2. PROBATION PERIOD
The Probationary Officers will be on probation of two years during which they will be
given intensive training. Towards the end of their probation/training period, they will
be subjected to a screening process for confirmation.
3.POSTING, TRANSFER AND JOB ROTATION
The selected candidates will be posted/ transferred/ moved to other roles at discretion of IPPB to various offices of IPPB from time to time and on such terms and conditions
as may be decided by IPPB.

Application Fee (Including Postage Charge) (Non-Refundable)

The  candidates  can  apply  only  for  one  post.
Candidates  can  apply  online  only  from 4th October 2016 to 25th October 2016 and no other mode of application will be accepted.
The application fee including intimationcharges (non-refundable), is prescribed as under:
1. SC/ST/PC/EXS(intimationcharges)   Rs. 150/-
2. General/BC (application + intimation charges)Rs.700/-

How to apply -

Candidates can   apply Online  through  Banks  website http://www.indiapost.gov.in/
and click the option Click here to apply online for Assistant Manager (Territory) Posts to open the online Application Form.  No other means/mode of applications shall be entertained.

CENTRES FOR ONLINE TEST:

The examination will be conducted online at venues across many centers in India

For more details visit

https://www.indiapost.gov.in/Financial/DOP_PDFFiles/20160929_1143%20hrs_Detailed%20Advertisement%20for%20Scale%20I.pdf

https://www.indiapost.gov.in/Financial/DOP_PDFFiles/Information%20Handout%20-%20English_scaleI.pdf