Syndicate Bank PGDBF Recruitment Notification 2017-18 FAQs |

Dear Readers,

Syndicate Bank yesterday released it’s notification for admission to the one year Post Graduate Diploma in Banking and Finance (PGDBF) course at 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 University and NITTE 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.

☛ What are the posts available under this recruitment project for freshers?

The post which will be available in this recruitment project is Probationary Officers.

☛ When will be the exam conducted?
Syndicate Bank’s recruitment of Probationary Officers will be conducted tentatively on 26th February 2016.

☛ How many vacancies are there?

The number of vacancies are 400 for Syndicate Bank’s Probationary Officers post. Click on the image below to view the complete break up of vacancies.

☛ Will the exam be conducted online or offline (OMR Based)?
Common Written Exam for Syndicate Bank’s Probationary Officers will be conducted in online mode.

☛ What is the Structure of Examination?

The structure of the examinations which will be conducted online are as follows:

Online Examination

Syndicate Bank PGDBF Recruitment Notification 2017-18 FAQs |_4.1

☛ Will there be any interview after the written result?
Yes, there will be interview process for Probationary Officers. The applicants, who are successful in the On-line test, would be called for a personal interview and/or Group Discussion.

The aggregate marks of qualified candidates in the Objective Test will be arranged in descending order in each category and the candidates in the order of merit, subject to 4 times the number of vacancies declared for each category, will be called for Interview and/ or Group Discussion as decided by the Bank. The qualifying marks in Interview and/or Group Discussion will be as decided by the Bank.
The final merit list for selection will be on the basis of performance in Online Test and Interview and/or Group Discussion as decided by the Bank.

☛ What is the age criteria to apply in this common written exam?

Age (As on 01.10.2016) Minimum 20 years – Maximum 28 years i.e. a candidate must have been born not earlier than 02.10.1988 and not later than 01.10.1996 (both dates inclusive)

☛ What is the educational qualification required for various posts in this recruitment process?

Qualification (As on 01.10.2016) –Degree (Graduation) with a minimum of 60% (55% for SC/ST/PWD) marks in aggregate in any discipline from a recognized University OR any equivalent qualification as such recognized by Central Government.

☛ What is the application Fee?

Application Fees/ Intimation Charges [Payable from 14.12.2016 to 28.12.2016 (both dates inclusive)] shall be as follows –

– Rs. 100/- for SC/ST/PWD candidates.
– Rs. 600 /- for all others

☛ When will the registration start?

Registration will start from 14.12.2016 to 28.12.2016, both dates inclusive.

☛ Is the exam Bilingual?

The tests except the Test of English Language in Mains exam all others will be available bilingually, i.e. English and Hindi.

☛ What is the cut-off for being recruited?

There is no fixed cut-off. It depends on the performance of the candidates. Each candidate will be required to obtain a minimum score in each test of Online Mains Examination and also a minimum total score to be considered for further process.

☛ Is there a criterion for negative marking?

There is negative marking of ¼ marks for every wrong answer.

☛What is the Programme fees for this course?
The fees for this Course will be Rs. 3.50 lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the student. Changes in the Course fees if any will be informed to the successful candidates subsequently.

☛What will be the pay scale for this post?

They will be fixed in starting pay scale as applicable to JMG I Officer.

Incentives
During nine months class room training the students shall be paid a sum of Rs 2500/- pm as stipend and during the next three months of internship a stipend of Rs 10000/- pm shall be paid.

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.