Syndicate Bank PO Recruitment 2018 – 500 Posts of Probationary Officer

 

 

 

 

 

 

 

Syndicate Bank PO Recruitment 2018 – 500 Posts of Probationary Officer

 

 

ADMISSION TO POSTGRADUATE DIPLOMA IN BANKING & FINANCE COURSE OFFERED
THROUGH MANIPAL ACADEMY OF HIGHER EDUCATION (MAHE) (Deemed to be University)
& NITTE (Deemed to be University) – 2018-2019

 

 

Syndicate Bank has released a notification for the recruitment of 500 Probationary Officers in Junior Management Grade/Scale-I through One year full-time Post Graduation Diploma in Banking and Finance from Manipal Academy of Higher Education (MAHE). Interested candidates may check the vacancy details and apply online from 02-01-2018 to 17-01-2018.

 

Syndicate Bank invites young and bright graduates who fulfill the eligibility criteria specified and who
are interested in a Banking career with one of India’s best Banks to apply for admissions to the One
year Post Graduate Diploma in Banking and Finance course in Manipal Global Education Services
Pvt Ltd. (MaGE), Bangalore and Nitte Education International Pvt Ltd. (NEIPL) Greater Noida /
Mangalore.

On successful completion of the course within the stipulated time period, the candidates would be
offered appointment in the bank as Probationary Officer in Junior Management Grade / Scale-I.
Candidates shall be selected through selection process consisting of online test followed by Group
Discussion or/and Personal Interview. Admission to the One year full-time post graduate diploma
course in Banking and Finance from Manipal Academy of Higher Education(MAHE) (Deemed to be
University) and NITTE (Deemed to be University) to be conducted at Manipal Global Education
Services Pvt Ltd, Bangalore (MaGE) and Nitte Education International Pvt Ltd. (NEIPL). Greater
Noida / Mangalore comes with the assurance of a full-fledged Banking career with Syndicate Bank
on successful completion of the course

More details about Syndicate Bank Recruitment (2018), including number of vacancies, eligibility criteria, selection procedure, how to apply and important dates, are given below:

 

Vacancy Details:
Post Name: Probationary Officer
No. of Vacancies: 500
Pay Scale: Rs. 15,000

 

Job Location: All India

 

Eligibility Criteria for Syndicate Bank Probationary Officer:

 

Educational Qualification: Candidates should have passed Graduation Degree with 60% marks or equivalent in any stream from a recognised university.

Age Limit (as on 01-10-2017): Minimum 20 years and Maximum 28 years
 

Age Relaxation:

Sr. No. Category of Candidates Relaxation of Age Permissible
1. SC/ST Candidates 05 Years
2. OBC Candidates 03 Years
3. Ex-servicemen 05 Years
4. PWD Candidates 10 Years
 

Selection Process: Selection of candidates will be made on the basis of Online Test, Group Discussion and Personal Interview.

 

Application Fee: General/UR/OBC candidates have to pay Rs. 600 and SC/ST/PWD candidates have to pay Rs. 100 through online mode using Net-banking/Credit or Debit Card/IMPS/Mobile Wallets.

 

How to Apply: Interested and eligible candidates may apply online through Syndicate Bank website – https://www.syndicatebank.in/ – from 02-01-2018 to 17-01-2018.

 

Important Dates: 

• Starting Date of Online Application: 02-01-2018

• Last Date of Online Application: 17-01-2018

• Date of Examination (Tentative): 18-02-2018

 

Important Links:

Detail Advertisement Link

Apply Online

Syndicate Bank PO 2018 Selection Process

Candidates shall be selected by Syndicate Bank through a selection process consisting of an
(open) online test conducted by IBPS followed by Interview and/or Group Discussion.
The selection process aims at getting applicants who are likely to succeed at various roles in
the Bank. The endeavor is to select people who are bright, dedicated, have good
communication skills (both oral and written), can work effectively in teams, are passionate
about their career goals and who display integrity and a positive attitude.

 

 

 

 

Syndicate Bank PO Recruitment 2018 ELIGIBILITY CRITERIA 

A. Qualification (As on 01.10.2017) – Degree (Graduation) with minimum 60% (55% for
SC/ST/PWD) marks in any discipline from a recognized University OR any equivalent
qualification recognized as such by Central Government.
All the educational qualifications mentioned should be from a University/ Institution/
Board recognised by Govt. Of India/ approved by Govt. Regulatory Bodies and the
final result should have been declared on or before 30.09.2017. Proper document from
Board / University for having declared the result on or before 30.09.2017 has to be
submitted at the time of interview.
The date of passing the eligibility examination will be the date appearing on the mark-sheet
or provisional certificate issued by University / Institute. In case the result of a particular
examination is posted on the website of the University / Institute and web based certificate is
issued then proper document/certificate in original issued and signed by the appropriate
authority of the University / Institute indicating the date of passing properly mentioned
thereon will be reckoned for verification and further process.
Candidate should indicate the percentage obtained in Graduation calculated to the nearest
two decimals in the online application. Where CGPA / OGPA is awarded, the same should
be converted into percentage and indicated in online application. If called for interview, the
candidate will have to produce a certificate issued by the appropriate authority inter alia
stating that the norms of the University regarding conversion of grade into percentage and
the percentage of marks scored by the candidate in terms of norms.
Calculation of Percentage: The graduation percentage and class will be calculated as per
the University norms for calculation of percentage and declaration of class/results. The
graduation percentage/class as appearing in the Final Year/semester/consolidated marksheet
& Provisional/Degree Certificate will be taken into consideration for eligibility.
In case the graduation percentage/class is not clearly mentioned in the mark-sheet/certificate,
the candidate has to produce a certificate issued by the appropriate authority of
University/Institute indicating graduation percentage/class as per the university norms for
awarding degree.
Candidate should indicate the percentage obtained in Graduation calculated to the nearest
two decimals in the online application. The fraction of percentage so arrived will be ignored
i.e. 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%.

Age (As on 01.10.2017) Minimum 20 years- Maximum 28 years. a candidate must have
been born not earlier than 02.10.1989 and not later than 01.10.1997 and (both days inclusive)

Call Letters For The Online Examination  Syndicate Bank PO 2018

The date of the Online Examination is 18.02.2018 (tentative). However, the exact date and
time of the examination will be intimated in the Call Letter along with the Centre/Venue for the
Examination, well in advance of the date of the Examination.
The Candidates should note that all the instructions/ intimations will be provided on the
Bank’s website only. The candidates are requested to check the website for the same
from time to time for important dates and notifications.
Decision of the Bank in respect of all matters pertaining to this admission process
would be final & binding on all candidates.

PROGRAMME / COURSE FEES OF  Syndicate Bank PO Recruitment 2018 :- 

The fees for this Course will be Rs. 3.50 lakhs (all inclusive of boarding, Lodging and course
fees, other fees, etc.) plus taxes, as applicable to be paid by the student. Changes in the
Course fees if any will be informed to the successful candidates subsequently.
Apart from the above course fees, the exam fees for undergoing various Certification exams
viz. NISM (Mutual Funds) and NISM (Depository services) as mandated under the course will
have to be borne by the candidates, as per the fees charged by NISM from time to time for
conducting these Certification exams. Currently, the fee for NISM (Mutual Funds) and NISM
(Depository services) certification exams comes to Rs. 3000/- per candidate

 Syndicate Bank PO Recruitment 2018  PROGRAMME / COURSE FEES

The fees for this Course will be Rs. 3.50 lakhs (all inclusive of boarding, Lodging and course
fees, other fees, etc.) plus taxes, as applicable to be paid by the student. Changes in the
Course fees if any will be informed to the successful candidates subsequently.
Apart from the above course fees, the exam fees for undergoing various Certification exams
viz. NISM (Mutual Funds) and NISM (Depository services) as mandated under the course will
have to be borne by the candidates, as per the fees charged by NISM from time to time for
conducting these Certification exams. Currently, the fee for NISM (Mutual Funds) and NISM
(Depository services) certification exams comes to Rs. 3000/- per candidate.

Syndicate Bank PO 2018  FINANCING / LOAN OPTIONS

Students can pay the course fees by availing an Education Loan which will be considered by
Syndicate Bank as per Synd Vidya Scheme.
The EMIs for the loan would start from the month of joining the Bank. There would be no
recovery of EMIs or interest during the course period of One year and the interest accrued
during this course period of one year would be recovered along with the normal EMIs. The
EMIs are spread over a period of 84 months (7 years) to ensure that there is minimal impact
on the monthly earnings of the Probationary Officer.

Syndicate Bank PO INCENTIVES / Salary :-

During nine months class room training the students shall be paid a sum of Rs 3000/- pm as
stipend and during the next three months of internship a stipend of Rs 15000/- pm shall be
paid.

Syndicate Bank PO 2018 LOYALTY BONUS:-

The loyalty bonus of ₹. 500000/- shall be paid to the Officers at the rate of ₹ 100000/- for
every completed year of service after 5 years of continuous and satisfactory service in the
Bank from the date of joining the service (i.e. ₹. 100000/- each on completion of 6th, 7th, 8th,
9th & 10th year of continuous and satisfactory service), subject to regularity of education loan
if availed.

Important Dates: 

• Starting Date of Online Application: 02-01-2018

• Last Date of Online Application: 17-01-2018

• Date of Examination (Tentative): 18-02-2018

 

Important Links:

Detail Advertisement Link

Apply Online

Syndicate Bank PO Recruitment 2018 – 500 Posts of Probationary Officer

2 Thoughts to “Syndicate Bank PO Recruitment 2018 – 500 Posts of Probationary Officer”

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