Bank of Baroda (BoB) is the highest profit-making PSU bank in India and the third largest PSU bank in terms of number of total business in India. It is also the country’s second largest public sector lender in terms of annual profit.  BoB is ranked 715 in Forbes Global 2000 list. BoB has total assets in excess of Rs. 3.58 crores, or Rs. 3,583 billion, a network of 4007 branches (out of which 3914 branches  are in India) and offices, and over 2000 ATMs.

The Bank invites application for filling up 90 posts for various specialist officer posts.

Important Dates:

Website Link Open: 28-01-2013
Payment of fees at BOB branches: 28-01-2013
Last date for deposit of fees (including for candidates from far flung areas):
09-02-2013

Application Fees:

For SC/ ST/ Persons with Disability (PWD): Rs 50/-
For GEN/ OBC/ Ex-Servicemen: Rs 500/-

Details of Vacancies:

Post
Code
PostGrade/ScaleVacancies
1 & 2PlanningJMG/S I & MMG/S II40 (JMG/S I) & 5 (MMG/S II)
3Risk ManagementMMG/S II5
4TreasuryMMG/S II10
5SecurityMMG/S II30

Reservation in posts:

Grade/ScaleSCSTOBCGeneral
JMG/S I631120
MMG/S II751820

Scale of Pay:

JMG/S  I – Rs 14500 x 600(7) – 18700 x 700(2) – 20100 x 800(7) – 25700.
MMG/S  II – Rs 19400 x 700(1) -20100 x 800(10) – 28100.

Emoluments :-

At present, initial monthly emoluments of Junior and Middle Management Grade/ Scale II Officers, including DA, HRA & CCA are approximately ` 27500/- and ` 36,500/- per month, respectively in a Metropolitan Centre. Allowances may vary depending upon the place of posting. In addition, Quarters facility (in lieu of HRA) for Officers, Conveyance, Medical Aid, LTC and retirement benefits are admissible, as per rules of the Bank, in force from time to time.

Age, Educational Qualifications & Post Qualification Work Experience (As on 09.02.2013):

Eligibility Criteria (As on 09.02.2013)
PostAgeEducational Qualification Work Experience (experience below 6 months in any organization would not be considered)
Officer (Planning)Minimum- 20 Years & Maximum-28 YearsPG (Economics/ Statistics)Candidates with banking experience will be given preference.
Manager (Planning)Minimum- 21 Years & Maximum-37 YearsPG (Economics/ Statistics) or MBA (FinanceMinimum -3- yrs relevant experience in a Bank.
Manager (Risk Management)Minimum- 21 Years & Maximum-37 YearsPG in Risk Mgmt./ Statistics/ Economics/ Financial Engg. From recognized University/
Other reputed Institutions such as Indian Statistical Institute, Kolkata. Knowledge of statistical packages such as SAS/ SPSS, MATLAB etc. is essential
Minimum 3 years experience in Officers’ cadre in Treasury in large Banks
Manager (Treasury)Minimum- 21 Years & Maximum-37 YearsMasters Degree in Finance/ Banking/ Treasury/ International Trade/ CA/ ICWA.Minimum -3- years experience as Statistician in Officers’ cadre/ Statistical Officer in Bank
Manager (Security)Minimum- 21 Years & Maximum-37 YearsGraduation Degree in any discipline from a recognized University or any equivalent
qualification recognized as such by the Government of India with minimum -5-years experience of commissioned service as an Officer not below the rank of Captain of Indian Army or equivalent rank in Indian Navy/ Air Force or an Officer not below the rank of Asst. SP/ Dy. SP/ Asst. Comdt./ Dy. Comdt. Of Indian Police/ Para Military Forces with a minimum of 5 years service as an Officer in such force.
An Officer not below the rank of Captain of Indian Army or equivalent rank in Indian Navy/ Air Force with a minimum of -5- years of commissioned service or an Officer not below the rank of Asst. SP/ Dy. SP/ Asst. Comdt./ Dy. Comdt. Of Indian Police/ Para
Military Forces with a minimum of 5 years service as an Officer in such force.

Important:

  • MUST FOR ALL POSTS: Computer Literacy : Operating and working knowledge in computer systems is mandatory i.e. candidates should have Certificate/ Diploma/ Degree in Computer Operations/ Language/ Should have studied Computer/ Information Technology as one of the subjects in the High School/ College/ Institute.
  • A Candidate can apply for only one post under this project.
  • Relaxation in the upper age limit as per Govt extant rules.
  • Probation Period: The selected candidate will be on probation for a period of 12 months (-1- year) of active service from the date of his/ her joining the Bank. There is no mandatory provision of executing a Service Bond by selected candidates.

Written Test:

The Written Examination consists of 4 sections namely; Reasoning, English Language, Quantitative Aptitude & Professional Knowledge. Each section consists of 50 questions carrying 1 marks each. The total duration of the exam will be 2 hours.

Selection Procedure:

  • Depending on the number of vacancies, candidates fulfilling the eligibility criteria for positions in MMG/S II shall be called for written test wherever Bank may deem necessary. However, for the purpose of interview, eligible candidates will be shortlisted for GD and/or
    personal interview in the ratio of 1:4 for General category and 1:5 for SC/ST/OBC candidates. Candidates possessing more than prescribed work experience in the relevant discipline shall get preference.
  • The minimum qualifying marks would be 40% for General Category and 35% for Reserved Category.

How to Apply?

A) Candidates have the option of remitting fees via ONLINE MODE or OFF-LINE MODE:

ONLINE MODE:

  • The payment can be made using only Master/ Visa Debit or Credit Card by providing information as asked on the screen.
  • On successful completion of the transaction, an e-receipt would be generated. Candidates are required to take a print of the e-receipt which will have to be produced, if called for interview.

Click here to read Guidelines for Online Payment.

OFF-LINE MODE:

  • Go to the nearest Bank of Baroda Branch with the Fee Payment Challan duly filled in and pay, in Cash the appropriate Application Fee in Account No 29040200000289 with Bandra Kurla Complex Branch, Mumbai, in favour of Bank of Baroda ‘RECRUITMENT OF -90- SPECIALIST OFFICERS – PROJECT 2013’ specifying the discipline for which fees are being paid.
  • Obtain the Counterfoil (Applicant’s Copy) of the Fee Payment Challan duly received by the Bank with (a) Branch Name & Code Number (b) Transaction ID (c) Date of Deposit & Amount filled by the Branch Official.

Download from here the PAYMENT CHALLAN/CASH VOUCHER.

Click here to APPLY ONLINE. Before applying online, Go through “How to Apply

View from here detailed advertisement about the recruitment drive.

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