OBC Officer Recruitment 2010 - Oriental Bank of Commerce require 200 Officers for Marketing Insurance, Mutual Funds on Contract

Oriental Bank of Commerce
(A govt of India undertaking)
Head office, Human Resource development department, Harsha Bhawan, E-block, Connaught place, New Delhi-110001

Oriental Bank of Commerce, a leading listed public sector bank invites on-line applications from Indian citizens for 200 posts of officers on contract basis

Candidates are to apply on-line between 05.07.2010 and 19.07.2010 only through bank’s website www.obcindia.co.in, no other means/mode of application will be accepted

OBC RECRUITMENT 2010 IMPORTANT DATES

Opening date for on-line registration: 05.07.2010

Closing date for online registration: 19.07.2010

Tentative date for screening test: 12.09.2010

Total vacancy: 200; SC 30; ST 15; OBC 54; General 101; Total 200

Minimum age (as on 01.07.2010) 21 years, maximum age 30 years

Emoluments (fixed) Rs 17,000 p.m.

Eligibility criteria

Nationality/citizenship: A candidate must be either (i) a citizen of India or (ii) a subject of Nepal or (iii) a subject of Bhutan or (iv) a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India or (v) 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 govt of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination/ interview conducted by the Bank/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 govt of India

Educational qualification: Graduate 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; passion for marketing; work independently and also with team; computer literacy; 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

Job profile: Marketing the insurance, mutual fund and other products of the bank. Responsible for end to end sales and any other work assigned by the bank from time to time

Period of contract: Three years with an option to extend for two years at the discretion of bank

Fixed pay: Rs 17,000/- per month subject to achievement of minimum threshold premium of Rs 1.00 lac per month i.e. Rs 12,00 lac per annum

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

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

Selection procedure

The selection will be on the basis of performance in the interview for the shortlisted candidates through a screening test if need be

Merely satisfying the eligibility norms do not entitle the candidate to be called for interview, the bank reserves the right to call the requisite number of candidates for interview

Application fee (including postage charge) non refundable; for SC/ST/PC candidate Rs 50/- (for postage); for all others (including OBC) Rs 400/- (Rs 350/- + Rs 50/- for postage)

Requisite application fee may be paid at any of the branch of the Oriental bank of Commerce only in current A/c no 00071011002123 from 05.07.2010 to 19.07.2010

The bank is free to reject any application, at any stage of the recruitment process, if the candidate is found ineligible for the post. The decision of the bank in any matter relating to recruitment at all the stages of the recruitment process will be final and binding upon the candidate. If appointed such a candidate may be summarily removed and fees paid by the ineligible candidates shall be forfeited. No correspondence or personal queries in this regard shall be entertained by the bank; only candidates willing to serve anywhere in India need apply; any dispute arising out of this advertisement shall be subject to the sole jurisdiction of courts situated at NCT of Delhi; canvassing in any form will be a disqualification; all candidates will have to produce, if called for interview, originals as well as attested photocopies of their educational and experience certificates as well as caste certificate, any other certificate in support of their eligibility, failing which their candidature will be cancelled; candidates serving in govt/public sector undertaking (including banks) must produce a no objection certificate from their employer if called for interview, failing which their candidature may not be considered; any request for change of address will not be entertained; in case of any dispute on account of interpretation in any version other than English, the English version shall prevail; appointment of selected candidates is subject to their being declared medically fit as per the requirements of the bank, such appointment will also be subject to the contract and conduct rules of the bank; candidates must necessarily be qualified by passing the IRDA license examination after their provisional selection, provisionally selected candidates shall be allowed to join the bank only if they acquire the IRDA license within stipulated by the bank, the cost of the training shall be borne by the bank with the provision that in case of pre-mature termination of contract due to non-performance or otherwise the same shall be recovered from the contracted officer at the time of termination of contract

How to apply - Oriental bank of Commerce Apply Online

Application fee may be paid in cash at any of the bank’s core banking solution (CBS) branches. After payment, the candidate must collect the payment receipt; the particulars thereof are to be quoted in the application and the original receipt must be produced along with the call letter at the time of the written test/interview

To apply candidates should log on to website www.obcindia.co.in

No other means/mode of application will be accepted

Candidates should have a valid email ID. This will help him/her in getting call letter/interview advices etc by email

Candidate must ensure that on deposit of fee, the branch issues him a receipt which should invariably mention under-noted items (i) receipt no (ii) branch name (iii) branch code no (iv) date of deposit and (v) amount

Applications once made will not be allowed to be withdrawn and the application fee/postage once paid shall not be refunded nor shall it be held in reserve for any other examination

Candidates should keep a copy of the application printout and payment receipt (receipt no) for their record. Candidates serving in govt/quasi govt offices, public sector undertaking including nationalized banks and financial institutions will be required to submit no objection certificate from the employer at the time of interview, failing which their candidature may not be considered and traveling expenses, if any other admissible will not be paid

Call letters for the written examination/interview: All eligible candidates will be issued call letters by the bank at the correspondence address given by the candidate in the application form

 

for complete information check out www.obcindia.co.in

OBC CLERICAL RECRUITMENT ONLINE APPLICATION

Oriental Bank of Commerce Clerical Recruitment

Oriental Bank of Commerce Probationary Officer (PO Exam 2010)

BANK PO EXAM TEST PREPARATION CDs & PREVIOUS YEARS SOLVED QUESTION PAPERS

Bank Probationary Officer (Bank PO) - Index | Latest Job Openings

 

State Bank of India Probationary Officer (PO) exam India

Oriental bank of Commerce Careers | Oriental Bank of Commerce Jobs 2010 | Oriental Bank of Commerce Specialist Officer | Oriental Bank of Commerce vacancies 2010 | jobs in Oriental Bank of Commerce 2010