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The South Indian Bank Ltd., a premier Commercial Bank in India, invites applications from Indian Nationals for Recruitment of Probationary Officers In Scale-I Cadre on successful completion of Post graduate diploma in Banking & Finance (PGDBF) Programme.   Interested candidates who fulfil the eligibility criteria may apply online by visiting website www.southindianbank.com for admissions to the one year Post Graduate Diploma in Banking and Finance course in Manipal Global Education Services Pvt. Ltd. (MaGE), Bangalore.

On successful completion of the course within the stipulated time period, the candidates would be offered appointment in the bank as Probationary Officer in 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) to be conducted at Manipal Global Education Services Pvt. Ltd, Bangalore (MaGE) comes with the assured Banking career with South Indian Bank on successful completion of the course.
Eligible Candidates are requested to apply ONLINE through Banks website www.southindianbank.com.

Kindly note :   

Opening Date for ONLINE Registration : 10. 12.2018
Closing Date for ONLINE Registration : 16. 12.2018
Tentative Date of Online Examination :
29. 12.2018 (Tentatively)

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Eligibility Criteria (as on 30.11.2018)
A candidate must be either (i) a citizen of India or (ii) a subject of Nepal or (iii) a subject of Bhutan or (iv) a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India or (v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) and (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.  A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination/interview conducted by the Bank but on final selection the offer of appointment may be given only after the necessary eligibility certificate has been issued to him by the Government of India.

Educational Qualification (as on 30.11.2018)   

X/ SSLC  : 60 % and above
XII/ HSC : 60 % and above
Graduation : Pass in Graduation under 10+2+3/4 regular course with 60%
and above.

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Candidates who are meeting the requisite educational qualification as on 30.11.2018 only will be eligible to apply.

Candidate should have passed X, XII and Graduation under regular course (full time course) from a recognised University/ Institute recognised by the Govt. of India. Educational qualification by mode of distance education will not be considered.

If Grade/ CGPA is awarded instead of marks, only candidates securing CGPA/ Grade equivalent to 60% or more may apply. Equivalent percentage should be mentioned at the time of application.

Those who have scored less than 60% marks will not be eligible for applying. Rounding off to the nearest integer is not allowed. (for e.g. 59.99 % cannot be rounded off to 60 % )

Age – (as on 30.11.2018)
Not more than 25 years as on 30.11.2018. Candidate should be born not earlier than  01.12.1993 and not later than 30.11.1999
There are relaxations in upper age limit for certain categories. Please see the detailed notification in this regard.

PROGRAMME AND COURSE FEE:  The selected candidates shall undergo 8-months residential campus programme at the Manipal Global Education Services Pvt. Ltd, Bangalore(MaGE) and 4 months internship at Bank Branch. During the Campus programme, a well-structured syllabus is designed to meet the skill sets as required and to identify candidates in areas of their excellence. 
On successful completion of the programme, the candidates may be awarded Post Graduate Diploma in Banking & Finance by Manipal Academy of Higher Education  (MAHE) and will  be absorbed to the services of the Bank as Probationary Officer in Scale I cadre.
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.

INCENTIVES : The students will paid a sum of Rs 3,000/- p.m. during 8 months classroom training and an amount of Rs 15,000/- p.m. during internship period of 4 months. 
LOYALTY BONUS : The loyalty bonus of Rs.3,50,000/- shall be paid to the officers as annual installments from the end of 5th year upto the end of 10th of year of continuous service in the Bank based on the satisfactory performance  of the candidates and recommendation from the Performance Evaluation Committee.

PROBATION PERIOD: The period of probation is 2 years (inclusive of one year course period). Confirmation will be subject to satisfactory performance during probation.

SALARY: IBA approved pay scale of Rs.23700 – 980/7 – 30560- 1145/2 – 32850- 1310/7 - 42020  plus  DA, HRA & other allowances. Eligible for performance linked incentive applicable to Scale I officers.
POSTING LOCATION : Posting Location can be anywhere in India at the sole discretion of the Bank.
JOB PROFILE: The selected candidates can be posted in any roles/profiles at any branches/offices/departments as per the sole discretion and requirements of the Bank from time to time. 
The job role/ profile include branch banking, credit, business development, marketing, forex, treasury, central processing centres etc.

Selection Procedure  

Candidates shall be selected through a selection process consisting of Online Test, Group Discussion and Personal Interview
Candidates will be shortlisted for Group discussion, on the basis of performance in Online  test. 

Final Selection will be based on the consolidated marks obtained for online test, GD and Personal Interview.
Bank  reserves  the  right to make required modifications in the selection process  considering the number of applications for the post. 

Application Fee:

Candidates can apply online only from 10.12.2018 to 16. 12.2018 through the link in the careers page of the Banks website www.southindianbank.com and no other mode of application will be accepted.   

Non-refundable Application fees/Intimation Charges (payable only through online mode):

General and OBC -  Rs.800.00

SC/ST – Rs.200.00

Excluding GST and other charges

Bank Transaction charges for Online Payment of application fees/ intimation charges
will have to be borne by the candidate.

Tentative Cities for Online Test :  The examination will be conducted online in venues given in the respective call letters.

Hyderabad, Vijayawada, Guwahati, Delhi NCR, Ahmedabad, Bengaluru, Kozhikode, Thiruvananthapuram, Kochi, Mumbai, Pune, Bhopal, Chennai, Coimbatore, Madurai and Kolkata

For more details visit www.southindianbank.com









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Kindly Note : The information provided here is just indicative information and is provided on “as is” and “as available” basis . We make no claims on accuracy and reliability of the information. For correct/current information kindly contact concerned college/institution/authorities