Bank Of Baroda PO Recruitment-14

I want to get the details of recruitment program of Bank of Baroda for Probationary Officers PO post so can you provide me?

Bank of Baroda and Manipal Group have joined hands to set up the Baroda Manipal School of Banking (BMSB) to cater to the needs of training young, bright graduates in order to make them job ready for a career in Banking in Bank of Baroda.

On successful completion of the programme within the stipulated time period, they shall be absorbed as Probationary Officers by Bank of Baroda.

Probationary Officers PO recruitment program

The One Year Course

The selected students will go through 9 (nine) months of on campus residential program at the Baroda Manipal School of Banking leading to award of a Post Graduate Certificate in Banking & Finance by Manipal University followed by a 3 (three) months work integrated learning (WIL) in the form of On the Job Training at any branch of Bank of Baroda leading to award of a Post-Graduate Diploma in Banking & Finance by Manipal university.

Admission to the Programme

Candidates shall be selected through a selection process consisting of online exam (objective + descriptive) followed by Psychometric Assessment, Group Discussion and Personal Interview.

Final Placement at Bank of Baroda

On successful completion of the Post Graduate Certificate in Banking and Finance, the candidate would be offered appointment in the Bank as PO in JMG/S-I and can be posted anywhere in India as per Banks discretion.

Emoluments on final placement

On successful completion of the Post Graduate Certificate in Banking and Finance, the candidate would be offered appointment in the Bank as PO in JMG/S-I which is presently in the scale of pay Rs. 23700-980x7/30560-1145x2/32850-1310x7/42020.

They will also be eligible for DA, HRA / Rent Reimbursement & CCA as per rules from time to time.

At present, the initial annual CTC is approximately Rs. 8 lacs (including perquisites) in a Metropolitan Centre.

The gross annual salary on joining the Bank will be approximately Rs. 8 lacs (including perquisites) in a Metropolitan Centre.

Officers are also entitled for various benefits / perquisites, facilities from the bank like various reimbursements / perquisites, concessional loan facilities for different purposes, LTC / LFC, holiday home, medical facilities for self and dependents, etc.

The above mentioned various salary / perquisites, benefits, etc. may increase in future, by the time the candidates joins the services of the Bank.

Fee Structure

The fees for this Course will be Rs. 3.45 lakhs (all inclusive Boarding, Lodging and course fees etc.) plus service taxes as applicable to be paid by the student

However, students can finance the course fees by availing Education Loan which will be granted by Bank of Baroda at a concessional rate of interest of 8% interest.

Students can therefore obtain a high quality specialized course in Banking and Finance without any monetary burden on them and fully financed by the Bank.

Contact-

Baroda Manipal School of Banking
Manipal County, No.65, Singasandra
Off: Hosur Road, Begur
Bengaluru – 560 068

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Answered By StudyChaCha Member