India Post Payments Bank Recruitment of Executives 344 Vacancies

India Post Payments Bank Recruitment of Executives: India Post Payments Bank has issued notification for the engagement of Gramin Dak Sevaks (GDS) to provide door step banking services. In total 344 Vacancies has been notified for India Post Payments Bank recruitment, the vacancies notified is tentative in nature and the vacancies may increase as per the recruitment.

The opening window for applying to India Post Payments Bank recruitment of Gramin Dak Sevak is from 11-10-2024 to 31-10-2024 through Online Mode only. The age limit for applying to the post is 20 to 35 years as on 01-09-2024. A consolidated pay of Rs 30,000/- per month will be paid for India Post Payments Bank Gramin Dak Sevak. The tenure of engagement will be initially for a period of one years and it may be extended on year-to-year basis for a period of 2 years.

India Post Payments Bank Recruitment Overview

Eligibility Criteria

Minimum Educational Qualification

Graduate in any discipline (Regular /Distance Learning) from University/ Institution/ Board recognized by the Government of India (or) approved by a Government Regulatory Body.

Minimum Experience

Minimum 2 years of experience as a GDS.

Pay and Allowances

The Bank shall pay a lump sum amount of ₹ 30,000/- per month inclusive of statutory deductions & contributions as applicable to the GDSs engaged to IPPB as Executives. Tax deductions will be done as per IT Act as amended from time to time. Annual increment of lump-sum pay and incentives based on performance in business acquisition/sales activities as decided by the Competent Authority.

Tenure of Engagement

The tenure of engagement shall be for one (1) year which may be reviewed for extension on year-to-year basis for another period of 02 years, subject to satisfactory performance if required, as per the Bank’s business requirements and in the exigencies of public services and the candidates shall not be eligible for regular absorption in IPPB.

There shall be a mandatory ‘cooling off’ period of two years after every period of temporary engagement of GDS in IPPB as Executive. Therefore, GDS who were engaged with IPPB as Territory Officer/Business Associate/Executive in the past, shall be eligible to apply under this recruitment exercise only, if they are not in the mandatory ‘cooling off’ period.

Selection Procedure

Selection will be made based on percentage of marks obtained in the graduation. However, the Bank reserves the right to conduct Online Test. Results of the candidates who have qualified for various stages of the recruitment process and the list of candidates finally selected will be published on the website.

Application Fee

Application Fee of ₹ 750/- (Non-Refundable) is payable. Candidates should ensure their eligibility before paying the fees/applying online. Application once made will not be allowed to be withdrawn and fee once paid will NOT be refunded under any circumstances nor can it be held in reserve for any other future selection process.

India Post Payments Bank Recruitment Important Dates and Web Links

For Circle / Sate / Banking outlet wise breakup of 344 vacancies candidates are required to visit the Official Notification for details.