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Punjab and Sind Bank (PSB) to recruit 900 Probationary Officers 2012

Recruitment of probationary Officers in Punjab and Sind Bank - 900 Nos Final Results out Click here to check the List of Selected Candidates

Punjab and Sind Bank officers recruitment project – 2012

Punjab and Sind Bank invites applications for the post of Probationary Officers from Indian citizens who have taken the common written examination for Probationary Officers/ Management Trainees conducted by IBPS in 2011 and have a valid score card issued by IBPS and who meet the eligibility criteria

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Payment of application fees: 24th April, 2012

Opening date for online registration: 24th April, 2012

Last date for online registration (including candidates from far-flung areas): 10th May, 2012


Probationary Officers; JMGS-I; SC 123; ST 139; OBC 222; General 416; Total 900

Scale of pay: Rs14500-600/7-18700-700/2-20100-800/7-25700/-

Emoluments: At present, initial monthly emoluments of Junior Management Grade Scale-I Officer
Including DA, HRA, CCA are approximately Rs 25400/- in a Metropolitan Centre

Allowances may vary depending upon the place of posting

In addition lease facility (in lieu of HRA) for officers, conveyance, medical aid, LFC and retirement benefits are admissible as per the rules of the Bank

Probation: Selected candidates will be on probation for a period of two years from the date of Joining the Bank

Eligibility Criteria (as on 01st July, 2011)

Nationality/Citizenship: A candidate must be either (i) a citizen of India or (ii) a subject of Nepal or (iii) subject of Bhutan or (iv) a Tibetan refugee who came over to India before 01st 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) & (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 allowed to appear in Interview conducted by the Bank but on final selection the offer of appointment may be given only after the Govt of India has issued the necessary eligibility certificate to him/her

Age: Minimum 21 years and maximum 30 years

Educational qualification: Graduation in any discipline with minimum 55% marks (50% for SC/ST/PwD candidates) in aggregate from a university recognized by Govt of India

Essential requirement: IBPS score obtained in CWE for Probationary Officer/ MT in 2011

Candidate should have valid IBPS score card

Computer Knowledge/qualifications

Preference will be given to candidates having computer knowledge

Degrees obtained from the recognised universities/institutes recognised by the Govt of India only will be considered

The educational qualification prescribed for the post is the minimum

Candidates must specifically indicate the class/division and percentage of marks obtained calculated to the nearest two decimals in the relevant column of the application

Where no percentage of marks is awarded by the university, but only CGPA/OGPA is awarded, the same should be converted into percentage

The result of the qualifying examination, graduation should have been announced by the university on or before 01st July, 2011

Candidates should have valid IBPS score in each test and/in aggregate in the common written examination conducted for Probationary Officers/ Management Trainees in 2011

Candidates should be able to produce the score card in support of the scores mentioned in the online application form, if called for Interview

The cut-off score given above is only for the purpose of eligibility for applying

However, bank reserves its right to adopt the cut-off score depending upon the suitability based on the number of candidates available for the number of vacancies declared

Relaxation in upper age: SC/ST candidates 5 years; OBC candidates 3 years; PwD candidates 10 years; All persons who have ordinarily been domiciled in Kashmir Division of J & K State during 01.01.1980 and 31.12.1989-5 years; In the case of Ex-Servicemen-commissioned officers including Emergency Commissioned Officers (ECOs) / Short Service Commissioned Officers (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 invalidment, by 5 years, subject to ceiling as per Government guidelines-5 years; Persons (children/ family members of those) affected by 1984 riots-5 years; Persons who have completed 5 years of service in RRBs-5 years

Reservations: Reservation for SC/ST/OBC/PwD candidates will be provided as per Govt guidelines

Application fee (including postage/intimation charges) (non-refundable): SC/ST/PwD candidates Rs 50/-; for all others Rs 200/-

Requisite application fee may be paid through designated CBS branches of Punjab and Sind Bank, by means of a payment challan as per the format given on the Bank’s website

Through NEFT at any other Bank’s branch

Demand drafts, cheques, money orders, postal orders, pay orders, Banker’s cheques, postal stamps, etc, will not be accepted

The payment towards application fee through CBS/NEFT can be made between 24th April, 2012 and 10th May, 2012

The CBS fee payment challan/NEFT receipt contains two parts

The first part will be retained by the Branch

The candidate’s copy of the fee payment challan/ NEFT receipt must be retained with the candidate after the necessary details such as Transaction ID/ NEFT UTR number, branch code etc are filled in by the bank official

Application once made will not be allowed to be withdrawn and fee once paid will not be refunded under any circumstances nor can it be held in reserve for any other future selection process

Selection Procedure: Selection for the post of Probationary Officer will be made on the basis of performance in common written examination (CWE) conducted by IBPS in September-2011/ Supplementary written examination on November-2011 and Interview

Service Bond: The selected candidates shall be required to execute a service bond of Rs 50,000/- (Rs fifty thousand only), undertaking to serve the Bank for a period of 3 years from the date of joining the Bank

They will also have to furnish one surety acceptable to the Bank in the specified proforma before joining the Bank on his/ her selection for rendering service for a minimum period of 3 years from the date of joining the Bank

In the event of their resignation from the post before the end of the specified period, they will have to pay the Bond amount of Rs 50,000/- (Rs fifty thousand only) to the Bank

Interview: Depending upon the number of vacancies, the Bank reserves the right to call only those candidates who have sufficiently high valid IBPS score in the stipulated common written examination and who fulfils the Bank’s eligibility criteria, for Interview

The total marks for Interview will be 100

Candidates have to obtain minimum 40% marks (35% for SC/ST/OBC) to qualify in the Interview

The final merit list for selection will be prepared by clubbing the marks of written test as per IBPS score card and interview

The weightage for written test score and interview marks will be 85% and 15% respectively

Interview Centres: The Interview will be held at the designated centres and the address of the venue will be advised in the call letters

The address of the venues will also be displayed in the Bank’s website before the dates for commencement of Interviews

Request for change of centre of interview shall not be entertained

Bank reserves the right to cancel any of the centres and/or add some other centres, depending upon the response, administrative feasibility, etc

Bank also reserves the right to allot the candidate any of the centres other than the one he/she has opted for

How to apply: Candidates are required to apply online through website

No other means/ mode of application will be accepted

Candidates should ensure that their personal email ID (as specified in the online application form while applying for common written examination CWE conducted in September-2011/ November-2011) is kept active during the currency of a recruitment project

Bank will send call letters for Interview to the short listed eligible applicants through e-mail only

Applicants are first required to go to the Bank’s website and click on the link Recruitment

Thereafter, open the Recruitment Notification entitled Punjab and Sind Bank Probationary Officers Recruitment Project 2012-13

In case a candidate chooses to pay fees through branches of the Bank, the candidate should take a printout of the fee payment challan; fill in the fee payment challan in a clear and legible handwriting in Block letters; Go to the nearest designated CBS branch of Punjab and Sind Bank with the fee payment Challan and pay, in cash, the appropriate application fee in designated CBS Account No-06061100068285 with Rajendra Place, New Delhi-110008 Branch in the name and style of PSB PO Recruitment Project-2012-13

In case a candidate chooses to pay fees through NEFT; Go to the nearest branch of any other Bank and pay, in cash, the appropriate application fee in Account No-06061100068285 with Rajendra Place, New Delhi-110008 Branch in the name and style of PSB PO Recruitment Project-2012-13; fill in the NEFT Receipt in a clear and legible handwriting in Block letters

Candidates may find out the required branch address from the Bank’s website under head list of CBS branches

Obtain the Applicant’s counterfoil copy of the application fee payment challan/ NEFT receipt duly authenticated by the Bank with (a) Branch Name and BIC No, (b) Transaction ID/Scroll number (in case of payment through CBS) NEFT UTR Number (in case of payment through NEFT) (c) Date of Deposit and amount filled by the Branch Official

Carefully fill in the details such as fee payment details from the CBS Challan/ NEFT receipt in the online application form, scores obtained in stipulated CWE etc at the appropriate places

Original fee payment challan/NEFT receipt and identity proof along with other certificates will have to be submitted with the call letter at the time of Interview

Without original fee payment challan/NEFT receipt/ identity proof and required certificates, the candidate will not be allowed to appear in the Interview

Candidates are also advised to keep a photocopy of the fee payment challan

The name of the candidate or his/her father/husband etc should be spelt correctly in the application as it appears in the certificates/mark sheets

Any change/alteration found may disqualify the candidature

Candidates should not submit a printout of the application/fee payment receipt (CBS challan/NEFT receipt) to the bank at this stage

The application printout along with the fee payment receipt and required copies of documents should be kept ready for submission if short listed for Interview

Please note that the above procedure is the only valid procedure for applying

No other mode of application or incomplete steps would be accepted and such applications would be rejected

The applicant should sign and affix his/her photograph on such printout of application and keep the same ready for submission if selected for Interview along with copies of required documents (along with original certificates/ documents); Original fee payment receipt (CBS challan/NEFT receipt); valid IBPS scorecard for the stipulated examination; Attested copy of School leaving certificate or any other document showing proof of age acceptable to the Bank; Attested copies of mark sheets/certificates in support of educational qualification; Attested copy of certificate of computer course, as applicable; Caste/PwD any other related certificate as applicable; Photo identity proof and address proof

If selected for interview, candidates serving in Govt/Public Sector Undertakings (including Banks and Financial Institutions) will be required to submit their applications accompanied by a No Objection Certificate from their employer, in the absence of which their candidature will not be considered

Call letters: Only those candidates who have met with the eligibility criteria and who have cleared their common written examination of IBPS and who are short listed for appearing in the personal interview will be intimated either by e-mail (online) or may download the call letter from the Bank’s website

No communication/ intimations regarding interviews will be sent by post

The names of candidates who are finally short listed for interview will also be available on the Bank’s website

Applicants are requested to keep track of the same by visiting Bank’s website from time to time

Similarly final selection result will be available on the Bank’s website for candidates selected for appointment


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