Corporation Bank Recruitment 2009 Selection Procedure
The selection will be made on the basis of interview. Merely satisfying the eligibility norms do not entitle a candidate to be called for interview.
The Bank reserves the right to call only the requisite number of candidates for the interview after preliminary screening/short listing with reference to candidates' qualification, suitability, experience etc.
Directly recruited officers shall furnish to the Bank a Bank Guarantee for Rs.50000/- (Rupees Fifty Thousand only) or a Fixed Deposit of our Bank for a period of 2 years for the aforesaid amount by assigning the same to the Bank.
The directly recruited officers shall execute an agreement to serve the Bank for a minimum period of 2 years after joining, failing which the officer shall be liable to pay to the Bank a sum of Rs.50000/-(Rupees Fifty Thousand only) and 3 months pay towards notice period.
Pay Scale:
| Post Code No.01 | Rs.20480-560/1-21040-620/5-24140 |
| Post Code No.02, 03 & 05: | Rs.18240-560/5-21040-620/2-22280 |
| Post Code No.04 & 06: | Rs.13820-500/1 -14320-560/10-19920 |
| Post Code No.07 to 10: | Rs.10000-470/6-12820-500/3-14320-560/7-18240 (Adhoc Revised) The cost to the Bank works out to Rs.5.48 lakhs (approx.) for |
| Post Code No.1 &: | Rs.4.67 lakhs (approx.) for |
| Post Code No.02,03 & 05,: | Rs.3.71 lakhs (approx.) for |
| Post Code No.04 & 06 and: | Rs.2.90 lakhs (approx.) for |
| Post Code No.07 to 10 | on the basis of present Pay, Allowances, perquisites etc. |
Note: DA, CCA, HRA will be payable as per rules depending upon the place of posting. Medical Aid, LTC, Pension, Gratuity, Conveyance will be admissible as per Bank rules.
Probation:
For Post Code No. 01 to 06: 1 year For Post Code No. 07 to 10:2 years
Corporation Bank Recruitment of Specialist Officers Project 2009 Selection Procedure