This initiative is similar to ICICI Bank PO recruitment programme, which is also being conducted in tie-up with Manipal university.But there`s a notable difference - Bank of Baroda is a public sector bank & the only one among PSB`s to offer such an opportunity.
Dates to note:
Online registrations from June 7 – 21, 2012,Written test (online) – July 5 to 11, 2012
1st batch (240 students) scheduled to begin in September 2012. There are 4 batches /year, each starting every 3 months.Students for all 4 batches will be selected from the results of this current exam itself.
Am I eligible?
The eligibility conditions are pretty simple as below,
* Aged between 21 to 30 yrs as on Aug 1, 2012 /(+3 yrs for OBC; +5yrs for SC/ST)/
* Should have a degree (any discipline) from a recog. univ., as on1.08.2012
* Qualifying in IBPS common bank exam is not necessary.
Final years are eligible to apply provided you submit the final mark sheet & degree cert. (provisional) on or before August 1, 2012.
Selection procedure:
It follows a two-step approach.Eligible applicants have to appear for an online aptitude test to be held at various centres across India in the month of July.Those who qualify in the test shall be ranked as per their marks & will be called for Group discussion & Interview. A final merit list if prepared on basis of performance in all 3 stages.
Training Cost:
After selection, all candidates will be admitted into 1 year residential PG diploma course in banking that costs Rs.3.15 lacs which would be provided by Bank of Baroda as loan.During the training period, students will be paid Rs.2500 as monthly stipend. The EMI for this loan amount shall be deducted automatically from your salary (after joining bob) every month for 7 years & will be reimbursed in the following manner,After an officer completes 5 yrs in bank, the loan of Rs.3.15 lacs is paid back.On completing 7 yrs (5+2), bank will also repay the interest amount Incase of quitting before the end of five years, you have to pay an appropriate amount to the bank.
Job in Bank of Baroda:
While joining the course, BOB will issue provisional offer letters to all candidates.On successful completion of training you will be
* awarded post graduate diploma (banking & finance)
* absorbed by Bank of Baroda as (scale I) probationary officer with an annual salary of Rs.4 lakhs. The course program of 1 year constitutes 9 month classroom training & 3 months internship.
How to register: Interested applicants must pay Rs.400(gen/obc/exsm) or Rs.50(sc/st/pwd) as application fees through
1. Offline: Fill the challan given at the website, visit any branch of bank of baroda, deposit the amount into the mentioned account & collect the challan`s counterfoil
2. Online: The application form is integrated with an online payment gateway.Pay via debit or credit card & take a print of the transaction receipt as proof.After remitting the payment, fill the required details asked in the online application form available at
/barodamanipalschoolofbanking.com/before June 21,2012
Download forms:
Aspirants looking to apply for Baroda manipal school of banking`s PO selection process 2012-13 are requested to read the notifications from the website here before applying.
For challan form & online application – Click here .
