Citizencredit Co-operative Bank Ltd., is a growing Scheduled Multi-State Co-operative Bank, established in 1920. The Bank is operating through its Head Office at Mumbai & 46 Branches in Maharashtra, Goa and the Union territory of Daman.
VACANCY DETAILS :-
1. POST NAME - Probationary Officer
QUALIFICATION - Graduate
PREFERRED QUALIFICATION - CA/CMA/CS/CFA/MBA/LLM
EXPERIENCE - Nil
LOCATION - All Over India
2. POST NAME - Probationary Associates
QUALIFICATION - Graduate
EXPERIENCE - Nil
LOCATION - All Over India
Training period and emoluments :-
A) Probationary Officer
On appointment:
Training will be for a minimum period of 24 months
Emoluments -
First six months Rs. 30,000/- p.m., Next six months Rs.35,000/- p.m.
Thereafter, will be fitted in the scale of Officer cadre with CTC of Rs. 5,59,000/-
p.a.(approx)
On successful completion of training and subject to performance, they will be confirmed and absorbed in the Officer cadre with CTC of Rs. 6,55,000/- p.a. (approx) at current levels of D.A.
B) Probationary Associate
On appointment:
Training will be for a minimum period of 12 months
Emoluments
During training Rs. 20,000/- p.m.
On successful completion of training and subject to performance, they will be confirmed and absorbed in the Associate cadre with CTC of Rs.4,38,000/- (approx) at current levels of D.A.
Selection Procedure :-
1. Candidates who pass the Online (written) Test will be shortlisted for the Personal Interview
2. The final selection of candidates will be on the basis of combined scores: On-line (written) Test and Personal Interview
3. The On-line (written) Test will only be in the English language
4. Separate On-line (written) Test will be held for Probationary Officers and Probationary Associates
5. Pattern of the On-line (written) Test:
a) Reasoning ability & Computer aptitude
for 40 questions for 80 marks
b) English for 40 questions for 40 marks
c) Banking & General awareness for 40 questions for 40 marks
d) Quantitative and Numerical ability for 40 questions for 40 marks
Total 160 questions for 200 marks & time limit is 120 Minutes
6. There will be penalty for wrong answers marked. For each wrong answer that has been marked, one fourth or 25% of the marks assigned to that question will be deducted as penalty, to arrive at the final On-line (written) Test score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question
7. Number of questions answered correctly by a candidate in each test section is considered for arriving at the final On-line (written) Test score after applying penalty for wrong answers
8. Candidates for the Post of Probationary Officers have to score minimum 50% i.e. minimum 100 marks and candidates for the Post of Probationary Associates have to score minimum 35% i.e. minimum 70 marks for being eligible for shortlisting for further Personal Interview. The Bank has the right to increase or decrease minimum qualifying marks criteria
9. Candidates will be shortlisted for Personal Interview based on their performance in On-line (written) Test, Education Qualification and Experience based upon the documents submitted
10. The names of the candidates shortlisted for the Personal Interview will be uploaded on the website.
IMPORTANT DATES :-
1. On-line Registration of Application starts : 19.07.2022
2. Last date to apply online : 02.08.2022 by 5.00 p.m.
3. Downloading of call letter for On-line (written) Test : One week before On-line test date
4. On-line (written) Test will be conducted : Tentatively in the month of August 2022
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LINK FOR ONLINE APPLICATION - CLICK HERE
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