 "United Bank of India announces 2016 PO recruitment")
United Bank of India (UBI) has invited online applications from qualified graduates, who will be appointed as probationary officer (PO) in JMG Scale I after successful completion of one year Post Graduate Diploma in Banking & Finance (PGDBF) course in tie-up with NIIT-IFBI training. Online registration process has already begun and last date is July 12, 2016.
Candidates will be selected through a selection process consisting of online exam followed by personal interview. The bank has planned to admit one batch comprising 100 students for the PG diploma course in NIIT. IBPS bank PO exam scores are not required to take part in this recruitment. All those who successfully complete the course shall be awarded PGDBF, and appointed as PO – scale I in UBI.
The payscale of UBI PO is from Rs 23,700 to Rs 42,020, with the total emoluments including all allowances, benefits etc at Rs 6.50 lakhs per annum. The starting salary shall be approximately Rs 35,000 per month.
Selection process
The selection process consists of an online test and personal interview. The online written exam tentatively scheduled for August 7, 2016, is similar to IBPS PO main exam.
Objective test details
| Sr. No. | Name of Test | No of Questions | Maximum Marks | Version of Tests | Duration |
| 1 | Reasoning ability | 50 | 50 | English & Hindi | 2 hours |
| 2. | Quantitative aptitude | 50 | 50 | English & Hindi | |
| 3. | English language | 50 | 50 | English | |
| 4. | General awareness (with special reference to banking industry) | 50 | 50 | English & Hindi | |
| Total | 200 | 200 |
The bank shall fix certain cutoff marks for each section and on total scores. There will be negative marking for wrong answers. Based on the test score, the candidate will be shortlisted for interview.
The tentative schedule of events:
| Activities | Dates |
| On-line registration including edit/modification of application by candidates | June 28, 2016 to July 12, 2016 |
| Online payment of application fees | June 28, 2016 to July 12, 2016 |
| Download of call letters for Pre-Exam training | After July 20, 2016 |
| Conduct of Pre-Exam training | July 27, 2016 to August 1, 2016 |
| Download of call letters for online examination | After July 26, 2016 |
| Date of online examination (Tentative) | August 7, 2016 |
How to apply
1. Log on to www.unitedbankofindia.com
2. Click on the Recruitment link
3. Choose Online Application for Admissions to PGDBF Course tab
4. Click on the option Apply Online
5. Register application using the tab Click here for New Registration
6. Enter name, contact details and e-mail id
7. Note down the Provisional Registration Number (PRN) and password displayed
8. An e-mail and SMS indicating the PRN and password will also be sent
9. Validate details and save application by clicking the Validate Your Details and Save & Next button.
10. Upload photo and signature as per the specifications
11. Click on the Preview Tab to preview and verify the application form
12. Modify details, if required
13. Click on Final Submit after verifying and ensuring that the photograph, signature uploaded and other details filled by you are correct
14. Click on Payment tab and proceed for payment of Rs 700 (Application fee + Intimation charges), SC/ST/PWD Rs 150 (Intimation charges only)
15. Take a print of the e-receipt and application form for future reference
Course fees and other details
The fees for this course will be Rs 3.20 lakh plus applicable taxes. The professional fee (for the complete term of assignment) for providing training services also includes lodging, boarding, course material, lab charges/practicals, medical services, examination fees, certificate fees etc. Selected candidates can finance course fees by availing an educational loan, granted by UBI at a concessional rate of interest. The EMIs for the loan would start on completion of the course duration. The EMIs are spread over a period of 60 months (five years).
Selected candidates must sign a bond agreeing to serve the bank for a minimum of two years from date of joining as PO. In case the candidate quits before end of bond period, he/she must repay the entire stipend amount, outstanding loan balance including interest and Rs 2 lakhs towards training cost. At the end of five years of service, bank shall refund the entire loan amount and additional incentive may be paid after completing seven years with UBI as loyalty bonus.
A stipend amount may be paid to the students during the entire duration of the course of Rs 2,500 per month, during the nine months campus training, and Rs 12,000 per month, during the three-month internship period.
