Central Bank of India Recruitment 2011 Retired Officers Vacancy

Central Bank of India

RECRUITMENT & PROMOTION DIVISION, HUMAN RESOURCES DEPT.

CENTRAL OFFICE, MUMBAI

Recruitment of Retired Officers on contractual basis to monitor & impart training to field functionaries in respect of Financial Inclusion (2010- 11.

IMPORTANT: LAST DATE OF RECEIPT OF APPLICATIONS – 11.04.2011

COMPANY PROFILE

Central Bank of India, a leading Public Sector Bank, with Pan India Branch Network of more than 3656 branches, total business of more than 275453 Crores and driven by talented work force of 34000 + employees is looking for retired Officers of Nationalised Banks for monitoring the activities of Business Correspondents and to impart training to field functionaries in the area of Financial Inclusion.

The details are given below:

1. Name of the Post : Financial Inclusion Coordinator

2. No. of Posts : 64

3. Age :Maximum age should not exceed 65 years ( As on 31.01.2011)

4. Experience : Candidates having following experience can apply for the post:

 Retired employees or VRS optee of Nationalised Bank with unblemished record.

 Should have worked for 5 years as Rural Branch.

 Should have retired from Scale-III or above.

 Should be resident of same district or near by district.

 Should be able to speak and write local/regional language.

Compensation :

The compensation amount shall be fixed as the last drawn pay and allowance drawn by the officer less the amount of pension to be drawn/being drawn by him/her or Rs 30000/- per month, which ever is less.

Reimbursement of TA/DA for traveling as per requirement of the post shall be made as per the scale/grade in which he was working at the time of his superannuation.

No other allowance/ reimbursement of expenses will be admissible.

Role and Responsibilities :

1. Monitoring of data file upload related with transactions and account opening based on TPS feedback.

2. Surprise visits to villages to ascertain the activities of CSP.

3. Verification of cash holding of CSP.

4. Facilitate in opening of account in base branches.

5. Coordination with Panchayats Head/Mukhiya for maximum enrolment in villages.

6. To verify the time taken between enrolment and actual activation of accounts.

7. Organizing awareness camps and to increase financial literacy among rural people.

8. To facilitate weekly meeting of BCs at base branch.

9. Monthly meeting with all the CSPs in a district for way forward with District

Coordinator.

10. Handling grievances of customers.

Selection Procedure :

The eligible candidates shall be called for personal interview and the decision of the bank in this regard shall be final.

Submission of Application:

Eligible candidates have to submit their applications in the given format (Annexure A). Last date for receipt of application is 11.04.2011. No applications shall be entertained beyond the stipulated date. Incomplete applications will be rejected. Completed application should be sent in a closed envelope, Super scribing “Application for the post of Financial Inclusion Coordinator”

To,

General Manager- HRD,

Central Bank of India,

Chander Mukhi, 17th floor,

Nariman Point

Mumbai- 400 021

Application Fee:

Non refundable Application fee is Rs.1000/- payable for each post separately by way of Demand Draft drawn on any Nationalized/Scheduled Bank drawn in favour of “Central Bank of India- Recruitment of Retired Officers for F.I.” and payable at Mumbai .Fees once deposited will not be refunded.

For details visit:
https://www.centralbankofindia.co.in/upload/Adv_FI.pdf

About Central Bank of India

Central Bank of India,  a government-owned bank, is one of the oldest and largest commercial banks in India based in Mumbai. The bank currently has 3,563 branches and 270 extension counters across 27 Indian states.

Mr S Sridhar has been appointed as the Chairman and Managing Director of state-run Central Bank of India as on 2 March 2009. The post had been lying vacant and the appointment was cleared by the government yesterday, the Bank said in a statement. To improve the Bank's capital adequacy ratio and enable it to support the credit requirements of the productive sectors of the economy, the Centre has recently decided to infuse Rs 1,400 crore in the Bank. Under the proposed capital infusion plan, Central Bank of India will get Rs 700 crore by this month-end, while the balance amount will be made available to the Bank in next fiscal.

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