Appointment in United Bank of India as PO shall be only after completion of 1 year Post Graduate Diploma in Banking & Finance course in tie-up with NIIT-Institute of Finance, Banking & Insurance Training Limited.Through this partnership, selected candidates can avail a loan for the course & also get an officer job.
United Bank of India has joined a growing list of banks like Bank of Baroda, Andhra Bank, ICICI Bank, Axis Bank & Federal Bank for PO training cum recruitment programme. The important thing, here is the scores of IBPS bank PO exam are not required to take part in this selection.
All those who successfully complete the course shall be awarded Post graduate diploma in Banking & Finance & appointed as Probationary Officer (PO scale I) in United bank of India.
Vacancies & Payscale
The bank has planned to admit one batch comprising of 100 students for the PG diploma course in NIIT university, under the payscale of Rs.23,700 42,020 with the total emoluments including all allowances, benefits etc at a total of Rs.6.50 lakhs/ annum.
Dates to Remember:
Registration of online applications & fee payment June 26 to July 12, 2016
Online examination on August 7th
Who are Eligible:
The eligibility conditions to apply for united bank of india NIIT university PO recruitment programme are very simple.
- Applicants must satisfy each one of the conditions below,
- Age to be within 21 30 yrs as on 1.06.2016 (+3yrs for obc & +5 yrs for sc/st)
- Should be a graduate (any degree) with as on June 1
Individuals who are waiting for results OR currently in their final year/ semester are not eligible to apply.
About UBI PO Recruitment, PG Course & Job Assurance:
The PG diploma course duration is 12 months which is also your training period.It involves two stages,
- 9 month classroom training at NIIT university, Bangalore with stipend of Rs.2500/ month
- 3 month internship in United bank of India (stipend of Rs.12,000/ month)
On completion of 12 months training, the trainees shall be awarded Post graduate diploma in banking & finance along with their appointment letter to work as PO in UBI
The important features of this programme are:
1) The cost of undergoing this course at NIIT university is Rs.3.20 lacs which will can be financed by availing an educational loan from united bank of india.
2) The EMI repayment for this loan shall begin after you join as officer.The amount would be deducted from your salary for 60 months.
3) Service Bond: Selected candidates must sign a bond agreeing to serve the back for a minimum of 2 years from date of joining as PO.
Incase of quiting before end of bond period, the individual must repay the entire stipend amount + outstanding loan balance including interest + Rs.2 lakhs towards training cost.
4) Incentive & Bonus: At the end of 5 years of your service, bank shall refund the entire loan amount & additional incentive may be paid after completing 7 years with them as loyalty bonus.
How to apply:
The application fee of Rs.700 (gen/obc/exsm) & Rs.100 (sc/st/pwd) must be paid while filling the online application form before July 12.
Before registering for United Bank of India (UBI) & NIIT university's PO recruitment cum training programme, read their official notification from their website here & online application can be accessed from here till July 12, 2016
Source: BankExamsIndia.com
