Oriental Bank of Commerce Recruitment 2010 Eligibility :

A. Nationality / Citizenship : A candidate must be either :

1. a citizen of India Or
2. a subject of Nepal Or
3. a subject of Bhutan Or
4. a Tibetan refugee who came over to India before 1st January, 1962 with the intention of permanently settling in India Or
5. a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India, provided that a candidate belonging to categories (ii), (iii), (iv) and (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India.

A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination / OBC Bank Interview conducted by the Oriental Bank of Commerce / IBPS but on final selection the offer of appointment may be given only after the necessary eligibility certificate has been issued to him by the Government of India.

B. OBC Bank Recruitment Officer Educational Qualifications : Graduation in any discipline preferably with MBA and having flair for marketing the insurance, Mutual Fund and other products of the bank.

The candidate should possess :

1. passion for marketing.
2. work independently & also with team.
3. computer literacy.
4. good communication skills.

Preference is given to those candidates who have prior experience in marketing / insurance business. The candidate should have a good physical fitness as the job involves extensive traveling and ready to accept challenges and deliver the targets.

The candidate must possess the requisite educational qualification as on 01.07.2010.

C. OBC Bank Officer Age Limit 2010 : Minimum age - 21 years & Maximum age - 30 years as on 01.07.2010.

Relaxation in Upper Age Limit :

1. Scheduled Caste / Scheduled Tribe Candidates by 5 years.
2. In the case of ex-servicemen and commissioned officers including ECOs / SSCOs who have rendered at least 5 years military service and have been released on completion of assignment (including those whose assignment is due to be completed within the next one year from the last date for receipt of application other than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability attributable to military service or on availment, by 5 years.
3. Other Backward Classes candidates by 3 years.
4. All persons who have ordinarily been domiciled in Kashmir Division of J&K state during 01.01.1980 to 31.12.1989 by 5 years.

Note :

1. An Ex-serviceman who has once joined a government job on the civil side after availing of the benefits given to him as an Ex-serviceman for his reemployment, his Ex-serviceman status for the purpose of re-employment in government ceases.
2. The relaxation in upper age limit is cumulative as per Government of India guidelines.

All persons eligible for age relaxation under (iv) above must produce the domicile certificate at the time of interview, from the District Magistrate in the Kashmir Division within whose jurisdiction he / she had ordinarily resided or any other authority designated in this regard by the Government of J&K, to the effect that the candidate had ordinarily been domiciled in the Kashmir Division of the state of J&K during 1st January 1980 to the 31st day of December 1989.

D. OBC Bank Officer Job Profile : Marketing the Insurance, Mutual Fund and other products of the Bank. Responsible for end to end sales & any other work assigned by the bank from time to time.

E. Period of Contract : Three(3) years with an option to extend for two years at the discretion of OBC Bank.

Compensation :

F.. Fixed Pay : Rs.17000/- per month subject to achievement of minimum threshold premium of Rs. 1.00 lac per month i.e. Rs12.00 lac per annum.

• Basic : Rs.12,000/- per month.
• HRA : Rs. 2,500/- per month.
• Conveyance : Rs. 1,500/- per month.
• Medical Aid : Rs. 1,000/- per month.

Variable Pay : Over & above threshold limit. The variable pay payable is equivalent to 15% of the commission received by the Bank.

The contract appointees, who fail to achieve performance with a minimum target- Premium of Rs.3.00 lacs per quarter consecutively for two quarters, beginning from the second quarter of their appointment shall cease to continue as contract appointees of the bank from the last day of month from the end of second quarter under review. However, if any candidate fails to achieve minimum threshold limit of Rs.3.00 lacs in any quarter Bank reserves right to break their contract.

G. Other Benefits : Casual Leave 12 days per calendar year. Annual Leave 20 days in a calendar year. The Annual Leave can be encashed to the extent of 50% every year carry over of unavailed casual /annual leave is not permitted.

OBC Bank Officers Recruitment 2010 Eligibility