Applications are invited for appointment to the Post of Probationary officers (Deputy Managers) in The Visakhapatnam Cooperative Bank Ltd., Visakhapatnam.
Vacancies:30
Important Dates:
Opening Date for ON-LINE Registration of Application and Payment of fee :14-11-2022 (Monday) from 10.00A.M
Closing Date for ON-LINE Registration of Application and Payment of fee :14-12-2022 (Wednesday ) Up to 4.00 P.M Date of online Test In the month of January /February2023
Pay Scale & emoluments.
The candidates will be on probation for a period of two years. They will be rotated in different branches during their probation period. During probation a consolidated Pay of Rs.28,000/- will be given . After satisfactory completion of Probation period they will be fixed in the regular scale given below: Rs. 20330-660-23630-770-27480-895-31955-1040-37155-1205-45590. The total initial emolument will be around Rs.37,000/-.
During the probation period, they will undergo training, during which tests will be conducted. On satisfactory performance in such tests, and basing on the reports of their higher officers, they will be considered for confirmation.
Eligibility Criteria:
a. The candidate must be a 1 st Class Graduates (>=60%) in regular stream from recognized university.
b. Candidate should have proficiency in speaking, writing and reading English and Telugu languages.
c. Computer Knowledge is required.
d. The age of the applicant should be Minimum 20 and up to Maximum 32 Years as on 31-10-2022.
(Should have born between 01-11-1990 to 31-10-2002 both days inclusive)
e. Staff working in The Visakhapatnam Cooperative Bank Ltd., can also apply if they are otherwise eligible.
Proposed Application Fee (Non Refundable):
The application fee is Rs.1,000/- (including GST) which is not refundable.
The Visakhapatnam Cooperative Bank ltd. is at present having branches in Andhra Pradesh & Telangana states. Hence selected candidates will be posted in these two states. However as the Bank is likely to expand to other states also, the candidates should be prepared to work in any place in the Area operations of the Bank. Bank Transaction charges for online Payment of fees/intimation charges will have to be borne by the candidate.
Proposed Selection Procedure:
The selection of Probationary Officers will be done through a three-Phase manner.
The selection of the candidates shall be made on the basis of Online Test /Examination (Preliminary &
Main Examination) and interview. The Online Test/Examination will be conducted in English. All the
Eligible Candidates who apply with the requisite fee and whose applications are received in time will be called for an Online Test/Examination, which will comprise the following:
(a) Online Test /Examination marks : Phase-I Preliminary -100 marks , Phase-II Main Examination -250 & Phase-III interview -50 marks;
(b) There shall be Negative Marking for Wrong answers: Online Test/Examination question contents would be as under
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