Bank of Baroda to recruit 400 probationary officers; applications invited by August 21, 2016

The bank, along with Manipal University, has crafted a specialized post-graduate course for banking aspirants. After successful completion of the PGDBF course, the candidates will be appointed as probationary officers in Bank of Baroda

Bank of Baroda (BOB) recently released a notification inviting applicants for the posts of Probationary Officer (PO) in junior management grade / scale-I. The bank is looking at recruiting 400 banking aspirants though this drive. Interested and eligible candidates need to apply on or before August 21, 2016.
 
The bank will be conducting a qualifier exam tentatively scheduled for September 25, 2016.  Candidates shortlisted will have to complete a nine-month Banking and Finance post-graduate diploma course from Baroda Manipal School of Banking (BMSB) to be appointed as POs by the bank.
 
The application fee for General/OBC candidates is Rs. 600 and for SC/ST/PWD candidates is Rs. 100 and candidates have to apply online at Bank of Baroda official site www.bankofbaroda.com.

 

Eligibility criteria

Interested candidate should be a graduate with minimum 60% marks (55% for SC/ST/0PWD) in any discipline from a recognised university, or any equivalent qualification, as on August 31, 2016.  Age limit is between 20 years and 28 years, as on August 1, 2016, and relaxation is as per the Government rules.
 
Interested and eligible candidates can apply online. The step-by-step instructions are as follows:
1.      Log on to www.bankofbaroda.com

2.      Click on Apply now for Baroda - Manipal School of Banking Selection Exercise-2016-17 ticker in Announcement column or log on to www.bankofbaroda.com/careers/Manipal.asp directly

3.      Click on the tab Apply Now

4.      Click on Click here fir New Registration

5.      Fill in the required details like Full Name, mobile number and email id carefully, and then key in the security code displayed

6.      Save and submit the details

7.      Upload the signature and photograph in the prescribed format

8.      Check the preview and proceed to payment

9.      Pay online through debit or credit card only

10.  On successful completion of the transaction, an e-receipt will be generated

Take a print of the e-receipt for future reference

Events	Dates
Commencement of on-line registration	August 2, 2016
Closure of registration	August 21, 2016
Closure for editing application details	August 21, 2016
Last date for printing application	September 5, 2016
Online fee payment	Till August 21, 2016

Qualifier exam

The open online exam conducted to shortlist candidates will consist of two parts: objective test and descriptive test. The objective test comprises a total of 200 questions divided into four sections - reasoning, quantitative aptitude, general awareness (related to banking industry), and English language. Each section will include 50 questions. Each correct answer will receive 1 mark. The time limit for the test is 2 hours. There is negative marking for every wrong answer in the objective test. Of the total marks assigned to any question, one-fourth will be deducted in case of a wrong answer.
 
For the descriptive part, writing skill in English will be tested. The candidate would have to write an essay or letter within 30 minutes time frame. According to the notification, the descriptive paper of only select candidates, who secure a minimum qualifying mark in the objective test, will be assessed.

 
Along with the call letters, information handout and a sample test will be uploaded on the site to familiarize the candidates with the nature of test and questions asked.
 
The successful candidates will have to clear psychometric assessment, group discussion (GD) and personal interview round.
 
The psychometric assessment will be qualifying in nature. The final merit list for selection will be on the basis of performance in online test (objective + descriptive), GD and interview.
 
Course and course fee

Shortlisted candidates, who have successfully cleared the qualifiers, will be inducted for a nine-month on-campus program. After completion, BOB will conduct a three-month work integrated learning (WIL) in the form of on the job training at a branch as determined by the bank. The candidate would be awarded a Post Graduate Certificate in Banking & Finance by Manipal University post completion of WIL and will be offered appointment in the bank as PO in Junior Management Grade / Scale-I.

 
The fee for this course is Rs. 3.45 lakh (inclusive of boarding, lodging and course fees and other fees) plus service taxes. To finance the course, candidates can also avail education loan from BOB. The bank will grant loan at a concessional rate of interest of 8% per annum. 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 (seven years).