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.
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