Deputation/Foreign Service of regular employees from DoP and Engagement of GDSs to IPPB

Deputation/Foreign Service of regular employees from DoP and Engagement of GDSs to IPPB.

IPPB needs about 1150 ( 500 Department & 650 GDS employees ) employees on deputation/foreign service/engagement from the DoP to perform various roles at the Branches. Eligible and willing regular employees/Gramin Dak Sevaks could respond as per deputation/foreign service/engagement terms annexed in the notification. They may apply online by logging on to the website

http://www.ippbonline.net/

Adverisement for Deputation from DOP.

Click the above link to read more

The important dates are as  follows: Activities	Dates
On-line registration including Edit/ Modification of Application by candidates	December 15, 2017 to January 05, 2018
Online Payment of Application Fees	December 15, 2017 to January 05, 2018
Download of Admit cards for online examination	January 12, 2018
Date of Online Examination (tentative)	January 20, 2018 – for Manager (Area Sales) and for Asst Manager (Area Operations) January 21, 2018 – for Territory Officer

India Post Payment Bank's (IPPB) main exam results for recruitment to be out soon

THE MAINS WERE HELD ON JANUARY 29, 2017

The India Post Payment Bank (IPPB) is all set to announce the results of main exams conducted to recruit for 650 assistant manager posts in JMG Scale I.  The main examination was conducted as per schedule on January 29, 2017.

The newly formed payments bank by India Post had announced the recruitment drive in the month of October 2016. The drive saw a huge response and several hundreds successfully registered for it.

Preliminary exams were conducted for two days on January 7 and 8, 2017.  Eligible candidates who cleared the examinations were shortlisted for the mains. Results of the candidates who are finally selected for the last step of the process, i.e. interview, will be made available on the IPPB's website this week.

The new appointees will be remunerated as follows:

Pay scale, allowances and perquisites as applicable
Scale	Pay scale	Approximate total monthly CTC
JMGS – I	Rs. 23,700 – Rs. 42,020	Rs. 65,000

IPPB officer scale I mains results

Candidates can check the results from the official website as soon as the results are declared.

Step-by-step guide on how to check the mains results:

1.      Log on to the official website indiapost.gov.in

2.      Click on IPPB Officer Scale I Mains results on the homepage, or

3.      Click on Opportunities tab, and press IPPB Officer Scale I Mains Result tab

4.      Enter all the required details such as roll number and date of birth in the provided fields

5.      Click on submit button

6.      Check the results that appear on the screen

7.      Download and take a printout for further reference

Eligibility criteria 

Interested candidates for the assistant manager posts in JMG Scale I had to be born not before September 2, 1986 and not later than September 1, 1996 (both dates inclusive), i.e. the age limit prescribed was between 20 to 30 years as on September 1, 2016. Maximum age indicated is for general category candidates. Applicants belonging to SC, ST and OBC category or those falling under PWD and ex-servicemen categories were eligible for age relaxation as per the Government of India guidelines.

The candidate had to be a graduate in any discipline and from University/ Institution/ Board recognized by the Government of India (or) approved by a Government Regulatory Body.

IPPB also considered the candidates who fulfilled the minimum education qualification and with postal services or sales of financial products/ rural banking/ with experience as Business Correspondent for banks.

Application process 

Interested candidates who fulfill the eligibility criteria had to apply online though the official website and no other mode of application was accepted. Candidates had to make the payment of requisite fees / intimation charges through online mode as well.

Category of applicant	Application fee
SC/ST/PWD (Only intimation charges)	Rs. 150
For all others	Rs. 700.00

Qualified candidates are to be selected through a selection process comprising: (i) preliminary examination (ii) main examination (iii) interview. The final selection shall be made on the basis of interview.

The important dates were as follows:

Activities	Dates
On-line registration including edit/modification of application by candidates	October 4 to October 25, 2016
Online payment of application fees	October 4 to October 25, 2016
Download of call letters for preliminary examination	January 1, 2017
Dates of preliminary examination (Online)	January 7 and 8, 2017
Download of call letters for main examination	January 20, 2017
Dates of main examination (Online)	January 29, 2017

Selection procedure 

Preliminary examination was an online test conducted for an hour with a total of 100 questions from English, reasoning and quantitative aptitude sections. The structure of the preliminary examination

Name of test	No of Qs	Maximum marks	Duration
English language	30	30	Composite time of 1 hour
Reasoning ability	35	35
Quantitative aptitude	35	35
Total	100	100	1 hour

Candidates had to qualify in each of the three tests by securing cut-off marks to be decided by IPPB. Depending upon requirements, IPPB shortlisted candidates for the online main examination. The structure of the main examination:

Name of tests (Not by sequence)	No of Questions	Maximum Marks	Medium of Exam	Time allotted for each test
Reasoning	50	50	English & Hindi	40 minutes
English language	40	40	English	30 minutes
Computer knowledge	20	20	English & Hindi	10 minutes
General awareness (with special reference to banking)	40	40	English & Hindi	20 minutes
Quantitative aptitude	50	50	English & Hindi	40 minutes
Total	200	200		140 minutes

Candidates who have been shortlisted in the main examination for IPPB will subsequently be called for an Interview to be conducted by IPPB. Interviews will be conducted at select centres. The centre, address of the venue, and time and date of Interview will be informed to the shortlisted candidates in the call letter. Candidates are required to download their interview call letters from the website.

The total marks allotted for Interview are 100. The minimum qualifying marks in interview will not be less than 40% (35% for SC/ST/OBC/PWD candidates). While appearing for the Interview, the candidate should produce valid prescribed documents. In the absence of documents candidature of the candidates shall be cancelled.

The weightage (ratio) of mains and interview will be 80:20 respectively. The combined final score of candidates shall be arrived at on the basis of scores obtained by the candidates in the main examination and interview.

IPPB recruitment 

The bank has been scouting for enthusiastic and committed banking and payments technology professionals. In the current phase, the 100% owned undertaking of the Department of Posts, Government of India, is looking at recruiting about 3,500 personnel across the country in the next few months.

About IPPB

A proposed state-owned commercial bank in India, IPPB was incorporated as a public limited company under the Department of Posts, Government of India on August 17, 2016.

IPPB became India's first-ever financial institution to crowd-source its brand identity According to official sources, almost 5000 entries were received from citizens for the logo and tagline contest conducted.

Currently, the bank is using the existing network of the public-sector postal service - India Post. As proposed by the task force, the existing Post Office Savings Bank (POSB) will continue to run parallel to the new bank initially. Later, it will be merged with the bank.

On January 30, 2017, IPPB inaugurated branches in Ranchi and Raipur. The objective of the bank is to establish nation-wide presence by the end of the year.

Source : http://www.business-standard.com

India Post Payment Bank Recruitment: Eligibility & Salary Doubts Answered

The Indian banking sector is finally opening up with new banks being established from this year.India post has started India Post Payment Bank and has also issued a massive recruitment notification for officer posts.Since freshers are also eligible for these positions, and IPPB being a new bank,many aspirants have doubts related to eligibility,job profile etc..

For the candidates to better understand India post payment bank recruitment 2016,here is a compilation of answers for some of your most common doubts.

As per the notification, the online registration closes on October 25.So if you are eligible,go ahead & submit your applications immediately instead of waiting for the last minute.

Age & Qualification Doubts:

Q: India Post Payment Bank (IPPB) – Is it a govt job or private?

A: India Post Payments Bank (IPPB) is 100% owned by Government of India through Department of Posts.So it is completely a govt bank job.

Q: I will turn 20 years in January 2017.Am I eligible for Assistant Manager (Territory- scale I) post? 

A: No.The age limit fixed for recruitment of this position is 20 - 30 yrs, as on September 1, 2016.

Only those who are born not between 02.09.1986 & 01.09.1996 are eligible to apply for scale I positions.

Q: What is the age requirement for Manager (scale II) & Senior Manager (scale III)?

A: Manager (scale II): 23 to 35 years (birth date must be within 02.09.1981 & 01.09.1993

Senior Manager (scale III): 26 to 35 years (born between 02.09.1981 & 01.09.1990)

Q: I belong to OBC/ SC/ ST category.Are there any relaxations in age?

A: Like in any govt recruitments, the maximum age is extended by 3 yrs for OBC, 5 yrs for SC, ST, 10 yrs for persons with disability (PWD)

Q: I have only 45% in degree.Am I eligible?

A: You are eligible as pass in degree is enough to apply.The percentage of marks doesn't matter for india post payment bank recruitment 2016.

Q: I am in final semester/ year of college & will complete degree only in 2017.

A: Candidates who have completed their degree by Sep 1, 2016 are only eligible for these jobs.

Therefore those who are doing their final semester/ year or waiting for results are NOT permitted to apply.

Experience related Doubts

Q: Is experience required for Assistant Manager (scale I) cadre job?

A: No.Freshers are also eligible for this post

Q: What are the experience conditions for scale II & III positions?

A: There are 652 scale II & 408 scale III vacancies in India post payment bank recruitment.So each post has separate condition listed below:

Manager (scale II): 3 yrs experience of working in scale I in any public sector bank or equivalent scale in a private bank or similar level in any other organization.

Senior Manager (scale III): Minimum 6 yrs experience of working in scale II in any govt bank or equivalent scale in a private bank or similar level in any other organization.

Salary, Bond & Job Location Doubts

Q: What is the salary of officers in India post payment bank?

A: The payscale for employees in IPPB varies with scale.

Assistant Manager (scale I): Rs.65,000 /month Manager (scale II): Rs.83,000 /month

Senior Manager (scale III): Rs.1,06,000 /month

The above salary is inclusive of allowances & benefits.So your take home salary could be around 30% lesser than the CTC given above.

Q: Is there any service bond in india post payment bank?

A: There is NO agreement or service bond in IPPB

Q: Can I get posting in my home state? Are there transfers?

A: The IPPB recruitment is not conducted state-wise.So you may be posted to any branch of the bank located across India.

Indian Post Payment Bank ( IPPB ) Recruitment of 1710 Vacancy 2016

Indian Post Payments Bank (IPPB) has released the notifications for the recruitment of Scale I,Scale II and Scale III Officers posts. Here is the Steps how to apply online, Eligibility Criteria ,Educational qualifications details are below. Registration starts from 7th October 2016 and end on 1st November 2016.

Vacancy Details

Name of the Department : Indian Post Payments Bank (IPPB)
Total No of Posts : 1710 (Scale I ( 650) ,Scale II & Scale III (1060))

Name of the Post	Total Vacancy
Branch Senior Manager	Available 350 posts
Manager (Area Sales)	Available 250 posts
Manager (Area Operations)	Available 350 posts
Senior Manager (Sales Operation)	Available 02 posts
Senior Manager (UI/ UX)	Available 01 posts
Senior Manager (Retail Products)	Available 03 posts
Senior Manager (Merchant Products)	Available 02 posts
Senior Manager (Government Products)	Available 02 posts
Manager (Product Research)	Available 01 posts
Manager (User Experience UX)	Available 02 posts
Manager (User Interface UI)	Available 02 posts
Marketing Senior Manager (Digital Marketing)	Available 01 posts
Marketing Senior Manager (Branding & Marketing)	Available 01 posts
Senior Manager (Financial Planning & Budgeting)	Available 01 posts
Manager (Account Payable)	Available 01 posts
Manager (Taxation)	Available 01 posts
Manager (Procurement)	Available 01 posts
Manager (Treasury Settlements & Reconciliation)	Available 01 posts
Manager (Program Management Office)	Available 01 posts
Senior Manager (Training)	Available 01 posts
Senior Manager (HR Generalist Manpower Planning & Recruitment, Performance Management System)	Available 02 posts
Manager (Training)	Available 01 posts
Manager (HR Generalist Manpower Planning & Recruitment, Performance Management System) Read more: India Post Payments Bank Recruitment 2016 - 1737 Scale I, II Officer & Other Posts	Available 02 posts
Manager (Corporate HR & Administration)	Available 01 posts
Manager (Branch HR & Administration)	Available 04 posts
Manager (Administration)	Available 01 posts
Manager (Hindi Cell)	Available 01 posts
Senior Manager (Risk & Concurrent Audit)	Available 02 posts
Manager (Risk & Concurrent Audit)	Available 02 posts
Senior Manager (Fraud Control Operations)	Available 04 posts
Senior Manager (Customer Service)	Available 04 posts
Senior Manager (Call Centre)	Available 01 posts
Senior Manager (Branch Operations)	Available 04 posts
Senior Manager (Cheque Truncation System)	Available 03 posts
Senior Manager (Reconciliation)	Available 03 posts
Manager (Customer Acquisition Support)	Available 16 posts
Manager (Vendor Performance Management)	Available 03 posts
Senior Manager (Compliance Support & Reporting)	Available 02 posts
Manager (Compliance Support & Reporting)	Available 02 posts
Manager (Operational Risk)	Available 06 posts
Manager (Legal)	Available 01 posts
Senior Manager (System/ Database Administration)	Available 05 posts
Senior Manager (Security Administration)	Available 05 posts
Senior Manager (Network/ Infrastructure Administration)	Available 05 posts
Senior Manager (IT Project Management)	Available 03 posts
Manager (Vendor Management – Hardware/ Software/ Services)	Available 02 posts
Manager (Digital Technology Innovation)	Available 01 posts

Age limit :

• For Sr.Manager :- Candidates Age Should be 26-35 years (Candidates should not born before 02-09-1981 as well not later than 01-09-1990 ,So both dates should be inclusive)
• For Manager :- 23-35 years ( Candidates should not born before 02-09-1981 as well not later than 01-09-1993 ,So both dates should be inclusive) as on 01-09-2016.

Age relaxation : 5 years for SC/ST , 3 years for OBC and 10 years for PWD candidates.

Location of the Job : All India

Education Qualification Details:

• Candidates must be completed a graduation from the authorized university/Colleges/Approved by Govt of Regulatory Body for 02 to 14 posts. Candidates must be Chartered accountant (Intermediate) from ICAI or MBA finance from the Authorized university for the post 15 to 16. Check out the notification for other post qualifications.
• Process of Selection : Selection based on Examination /Interview.

How to apply for this IPPB Recruitment ?

Eligible Candidates should be apply via onine through the official website of Indian Post Office (i.e) www.indiapost.gov.in from the date of 07-10-2016 to 01-11-2016.

Step by Step Instructions how to Apply online :-

• Visit the Official website : www.indiapost.gov.in
• Choose the Work with IPPB option and select the desired vacancy
• Click Apply now button and througly read all the instructions before you submit the form
• Fill all the required fields and click submit
• Candidates must be take a print out of the Online application for future use.

Application Fee:

• Other Category : Rs.700/-
• SC/ST/PWD : Rs.150/-
• Candidates can make the payment via debit cards /Internet banking /Mobile wallets.

Official Notification – Download

Apply online link : Click Here

How to Apply online : Click here

India Post Payments Bank begins recruitment for CEO, key posts

New Delhi, Oct 3 () India Post Payments Bank, which plans to commence operations next year, has started the process of recruitment for key positions such as Chief Executive Officer, Managing Director and Chief Technology Officer.

IPPB plans to recruit about 3,500 professionals in the coming months, an official release said. Other senior positions being filled are for key functions like operations, Risk and Compliance, Finance, HR & Administration and Sales and Marketing Departments.

"India Post Payments Bank has started its recruitment drive with the release of the advertisement for the post of the Chief Executive Officer/ Managing Director, the Chief Technology Officer (CTO), other CXOs who will be heading its Operations, Risk and Compliance, Finance, HR & Administration and Sales and Marketing Departments," it said.

IPPB will shortly seek deputations from banks, post office and other government departments for its branch locations, it further said.

Advertisements have also been issued for some contractual positions across multiple departments, the release said adding, "Regular recruitment for other positions across scale I-VII will also be announced in the coming weeks."

IPPB last month received certificate of incorporation from the Registrar of Companies, setting the stage for the new bank to begin operations during 2017.

The bank will be headquartered in New Delhi and plans to launch 650 branches across the country by the next year. The first PSU under the Department of Posts, IPPB expects to complete the rollout of its branches all over the country by September 2017.

IPPB aims to become the most accessible bank in the world, riding on advanced banking and payments technology. Coupled with physical presence across 1.55 lakh post offices and the reach of the postman, it plans to become a powerful and effective vehicle of real financial inclusion in the country. MBI SA