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India Post IPPB Executive Vacancy 2024

Government of Bharat

Vacancies
344
Qualification
Graduate
Updated
14 Oct 2024
Job Type
CENTRAL

Important Dates

Start Date 11 Oct 2024
Last Date 31 Oct 2024
Last Pay Date 31 Oct 2024

Application Fee

General₹750.0
OBC₹750.0
ST₹750.0
SC₹750.0
PwD₹750.0
Female₹750.0
Ex-Army₹750.0

Age Limits & Relaxation

General35 yrs
OBC35 yrs
ST35 yrs
SC35 yrs
Female35 yrs
Ex Army35 yrs
Above age is based on relaxation

Vacancy & Eligibility Details

Executive

Total Vacancies
344
Age20 - 35 Years
Qualification<p>Bachelor's Degree in Any Stream from Any Recognized University in India.</p> <p><span style="color: #008000;">2-Year GDS Experience.</span></p> <p><span style="color: #ff0000;">Please read below for more info&nbsp;</span></p>

Other Links

About India Post Payments Bank Limited (IPPB)

Advt. No.: IPPB/CO/HR/RECT./2024-25/03\

 

IPPB has been setup under the Department of Posts, Ministry of Communications with 100% equity owned by Government of India.

 

IPPB is having 650 Banking outlets all over the India which aims to utilize and leverage the field network of Department of Posts through its approximate 1,55,015 post offices as access

points and approximate 3 Lakh postmen and Gramin Dak Sevaks (GDS) to provide doorstep banking services.

JOB PROFILE of IPPB

1) Achievement of monthly revenue targets through direct sales of Bank’s products.

2) Support in organizing customer acquisition events and run campaigns in the area under Branch/ Office jurisdiction to increase financial literacy.

3) Conduct periodic training and education sessions for GDS on IPPB products and services.

4) Operate seamlessly with DoP Inspectors (Sub-division) and Postmasters to drive IPPB and 3rd Party sales.

5) Assist GDS in acquiring new customers for IPPB and its Partner Organizations.

6) Assist IPPB officers in Operations.

7) Acquire, grow and retain customer relationships by organizing customer events and run campaigns in the area to increase financial literacy.

8) Develop and manage the strategic relationship with all channel partners to drive sales and disseminate marketing information, events, training and promotions which will facilitate

meeting the Bank's business goals.

9) Any other duties assigned by the Bank from time to time.

PAY AND ALLOWANCES

a) The Bank shall pay a lump sum amount of ₹ 30,000/- per month inclusive of statutory deductions & contributions as applicable to the GDSs engaged to IPPB as Executives.

b) Tax deductions will be done as per IT Act as amended from time to time.

c) Annual increment of lump-sum pay and incentives based on performance in business acquisition/sales activities as decided by the Competent Authority.

d) Further, it is clarified that no other pay/allowances/Bonus etc. shall be paid except those mentioned in above.

TENURE OF ENGAGEMENT of IPPB

The tenure of engagement shall be for one (1) year which may be reviewed for extension on year-to-year basis for another period of 02 years, subject to satisfactory performance if required, as per the Bank’s business requirements and in the exigencies of public services and the candidates shall not be eligible for regular absorption in IPPB.

Business performance shall be reviewed every six months. In case performance is found dis- satisfactory over two consecutive reviews, the engaged GDS may be repatriated after serving one- month notice.

There shall be a mandatory ‘cooling off’ period of two years after every period of temporary engagement of GDS in IPPB as Executive. Therefore, GDS who were engaged with IPPB as Territory

Officer/Business Associate/Executive in the past, shall be eligible to apply under this recruitment exercise only, if they are not in the mandatory ‘cooling off’ period.

SELECTION PROCEDURE

Selection will be made on the basis of percentage of marks obtained in the graduation. However, the Bank reserves the right to conduct Online Test.

 

In case of equal graduation percentage obtained by two candidates in the merit list then the candidate having seniority in service at DoP shall be selected. In case the seniority in service is also same, the candidate will be selected bases the date of birth.

 

Candidate shall fill exact percentage of marks obtained in the Graduation up to two places of decimal as mentioned in the degree certificate. If any deviation is found in the application form with respect to the percentage of marks mentioned in the degree certificate, such applications will be summarily rejected. In cases, where CGPA is awarded, candidate shall have valid document issued by the University/Institute for conversion of CGPA to percentage marks.

 

The candidates will be called for Document Verification basis the circle wise merit list.

 

During Document Verification, candidates will have to furnish the following:

i. No Objection Certificate (NOC) from his controlling officer

ii. Statement giving details of Major/Minor penalties, imposed upon the Employee,

if any during the last five (5) years.

iii. iv. Vigilance Clearance Certificate from the Divisional Head.

The engagement with IPPB shall commence only after completion of mandatory formalities pertaining to their relieving process as stipulated by their parent

organization.

GENERAL INFORMATION

If any discrepancies are found between the data filled by the candidate online and the original testimonies, his candidature is liable to be rejected.

 

If any information provided by the candidate is found to be false or incorrect or not in conformity with the eligibility criteria, then his/ her candidature is liable to be rejected at any stage of the recruitment process or after recruitment or joining.

 

Any modifications/ amendments /corrigendum in respect of the above advertisement shall be made available only on IPPB’s official website. Hence prospective applicants are advised to visit IPPB’s website regularly for this purpose.

PLACE OF POSTING

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