Bank of Baroda announces PO recruitment drive

Last date to register for the entrance test is May 1, 2017

Bank of Baroda (BoB) has invited young and bright graduates to apply for the probationary officers (POs) posts. In total, approximately 1200 vacancies are to be filled. The online registration for the entrance test has already started from April 1, 2017 and the last date to register is May 1, 2017.
 
Candidates shortlisted through the test will be trained over a nine-month duration and successful ones will be awarded Post Graduate Certificate in Banking and Finance (PGCBF) course in Baroda Manipal School of Banking (BMSB). On successful completion of the programme within the stipulated time period, they shall be absorbed as POs by Bank of Baroda.

 
The public sector bank and Manipal group have joined hands to set up BMSB to make graduates job ready for a career in Banking in Bank of Baroda.
 

Three batches of students will be inducted in BMSB through this current selection exercise for 2017-18 (April 2017 to March 2018). The intake of students in each batch is tentatively set as 400. 
 
Dates to remember

Schedule of events	Dates
Start date for online registration	April 1, 2017
Online payment of application fees	April 1, 2017 to May 1, 2017
Last date for online registration	May 1, 2017
Download of call letter for examination	May 12, 2017
Date of examination (Tentative)	May 27, 2017

 

Eligibility criteria
Interested candidates should have a graduation degree with minimum 55% (50% for SC/ST/PWD) marks in any discipline from a recognized University or any equivalent qualification as such recognized by Central Government. Qualification. 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 April 30, 2017.
 
The age, as on April 1, 2017, should not be less than 20 years or more than 28 years. That is, the candidate must have been born not earlier than April 2, 1989 and not later than April 1, 1997 (both dates inclusive). Government guidelines in respect of age relaxation are applicable.

 
Qualifying in IBPS common bank exam or its scores are not necessary to obtain admission for the course.
 
Application process
Candidates can apply online only from April 1, 2017 to May 1, 2017. Here is a step-by-step guide on how to:
Visit the Bank’s website www.bankofbaroda.com
Click on the link Notifications for BMSB Selection Exercise-2017-18 in the Announcement tab
Read the instruction carefully and click on the flashing Apply Online link
Click on the link Click here for New Registration
Fill up the On-Line Application Form.
Enter their basic details
Upload the photograph and signature as per the specifications

Verify every field filled in the application
Click on the Submit button at the end of the On-Line Application format
Pay the application fee and submit the application form
Save the auto generated registration number and password for future use
Use in the website to download their hall tickets for the online test, the call letters for the interview and / or various other notifications  
 
Interested applicants must pay Rs. 750 (Gen/OBC) or Rs.100 (sc/st/pwd) as application fees through. The application form is integrated with an online payment gateway. Candidate can also pay via debit or credit card and take a print of the transaction receipt as proof. After remitting the payment, candidates fill the required details asked in the online application form on or May 1, 2017 

 
Selection procedure:
The selection will be through a multi stage selection process. The online test (Objective + Descriptive) is likely to be held on May 27, 2017 (tentatively). This will be followed soon after by the psychometric assessment, group discussion and personal interview for candidates who are found successful in the online test.
 
Eligible applicants are to appear for an online aptitude test to be held at various centers across India in the month of September. The pattern consists of objective & descriptive tests for a total of 250 marks.
 
Candidates need to score separate cutoffs in each test and  also on the total score in order to qualify for GD/ interviews.

 
Training
The selected candidates will be issued an offer letter from Bank of Baroda, inter-alia containing information about:
Admission for the course detailing the program, the scheme, the fee structure, education loan availability, the course curriculum, the criteria for successful completion, internship, evaluation procedure, joining requirements in terms of academic and internship performance and the stipend and facilities available during the campus terms.
A provisional offer of employment in Bank of Baroda, subject to their successful completion of the course and other joining requirements as specified therein and which will also contain details of the compensation and other benefits applicable to them on their joining Bank.

 
Selected students will have to undergo a medical examination to certify their fitness for a Banks job at the time of their entry into the course itself. Upon being found medically fit and on completion of document verification at a nearest zonal / regional office centre of the Bank, the students will be granted admission into the course, where they will undergo nine months intensive residential classroom training and three months Work Integrated Learning (WIL) in the form of On The Job Training at a BOB branches.

The residential PG diploma course will costs Rs.3.45 lakh, which can be provided by Bank of Baroda as loan.

 
During the training period, Rs.2500 shall be paid during classroom training (9 months) 3 months Work Integrated Learning (WIL) after joining as PO in BOB.
The EMI for this loan amount shall be deducted automatically from candidate’s salary, every month for the next 7 years.

On completing 5 years of service in the bank, the loan amount of Rs.3.45 lacs will be returned/ reimbursed to the candidate. 

Bond period
All appointed candidates should execute a service bond agreeing to serve the bank for minimum 3 years.
 
Incase of quitting the bank before the end of bond period, the individual is required to pay the entire stipend amount + Rs.1 lakh towards training costs + outstanding loan.