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Corporation Bank Recruitment of Specialist Officers Project 2009 Selection Procedure



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.01Rs.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 10on 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


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