Punjab National Bank (PNB), a leading public sector bank invites Online application from Indian citizens for the following 775 posts of Management Trainees for those candidates who have valid CWE score card (minimum 138 for General, 125 for OBC and 113 for SC/ST/PWD) :
Management Trainee : 775 posts (UR-392, SC-116, ST-58, OBC-209) (PWD-24) in JMG-I Scale Rs.14500-25700, Age : 20-28 years,
Application Fee : Rs.200 /- (Rs.50/- for SC/ST/PWD) to be paid cash in any branch of PNB.
How to Apply : Apply Online only at Punjab National Bank The application fee must be paid in cash, at any branch of Punjab National Bank. Before depositing the fee, the candidate must download a copy of the Cash voucher from our website www.pnbindia.in (LINK-Recruitment-Download Cash Voucher). The voucher will be in duplicate. The following details must be entered into both copies of the voucher: Candidate’s name, (ii) Candidate’s category, (iii) Name and code no. of the Branch selected for payment, (iv) Date of payment and (v) Fee to be paid (vi) post applied for. Thereafter, the voucher is to be presented at the Branch, along with the application fee. After payment, the candidate must ensure that the transaction Id generated is entered into the voucher. The candidate’s copy of the voucher will then be handed over to him/her. Payment of fee should be made from 30.01.2012 to 13.02.2012. The date will be the same for candidates belonging to far-flung areas. The candidates are advised that before depositing fee they must read the detailed advertisement and ensure that they meet the eligibility criteria for the post. NO OTHER MODE OF DEPOSIT OF FEE IS PERMITTED. FEES DEPOSITED IS NON-REFUNDABLE.
a) Before applying for the above post, the candidate should ensure that he/she fulfils the eligibility and other norms mentioned in this advertisement. Applications, once submitted, will not be allowed to be withdrawn and the application fee/ postage, once paid, shall be neither refunded nor held in reserve for any other examination. The Bank would be free to reject any application, at any stage of the Recruitment Process, if the candidate is found ineligible for the post, for which he/she has applied. The decision of the Bank regarding eligibility of the candidates, the stage at which scrutiny of eligibility is to be undertaken, qualifications and other eligibility norms, the documents to be produced for the purpose of conduct of interview, selection etc. and any other matter relating to recruitment will be final and binding on the candidate. No correspondence or personal enquiries shall be entertained by the Bank in this regard. If any shortcoming/s is/are detected even after appointment, his/her services are liable to be terminated.
b) Depending upon the number of vacancies, the Bank reserves the right to call only those candidates who have sufficiently high IBPS score in the stipulated Common Written Examination for Personal Interview. Mere being invited by the Bank for the Personal Interview shall not imply that the Bank has been satisfied beyond doubt about the candidate’s eligibility. Candidates who do not satisfy the eligibility criteria and who do not produce the photocopies as well as the originals of all the documents required to be submitted as advised in this notification as well as in the Interview call letter, for any reason, whatsoever, shall not be permitted to participate in the Personal
Interview, even though they may have obtained the desired level of IBPS score in the Common Written Examination for rect. of POs/ MTs in 2011 and have been called for personal interview.
c) Candidates shall produce original caste/ relevant certificates at the time of Personal Interview, failing which his/her candidature will be cancelled. OBC Candidates, availing reservation will have to produce OBC certificate with Non-creamy layer clause at the time of Personal interview & an undertaking in the prescribed format regarding non creamy layer status as on closing date of registration. THE COMPETENT AUTHORITY FOR THE ISSUE OF THE CERTIFICATE TO SC/ST/OBC/PWD IS AS UNDER:- For SC/ST/OBC : District Magistrate/Additional Dist. Magistrate/Collector/ Deputy Commissioner/Additional Dy. Commissioner/Dy. Collector/ First Class Stipendary Magistrate/Sub-Division Magistrate/Taluka Magistrate/ Executive Magistrate/Extra Assistant Commissioner/Chief Presidency Magistrate/ Additional Chief Presidency Magistrate/ Presidency Magistrate/Revenue Officer not below the rank of Tahsildar/Sub-Divisional Officer of the area where the candidate and/or his/her family normally resides.
d) The Other Backward Class Certificate to be submitted by OBC Candidates , at the time of Personal Interview, should be in the Format prescribed by the government of India entitled “FORM OF CERTIFICATE TO BE PRODUCED BY OTHER BACKWARD CLASSES APPLYING FOR APPOINTMENT TO POSTS UNDER THE GOVERNMENT OF INDIA’ and should invariably contain the ‘NONCREAMY LAYER ‘ CLAUSE as on the closing date of registration of i.e. 13.02.2012.
e) Persons with Disabilities claiming the benefit of reservations/age relaxation should possess Medical Certificate as prescribed in the Disabilities Act of 1995 in support of their disability.
f) A recent, recognizable colour passport size photograph should be firmly pasted on the call letter for personal Interview duly signed across by the candidate. Three Copies of the same photograph should be retained for use at the time of Personal Interview. Candidates are advised not to change their appearance till the recruitment process is complete..
g) Candidates serving in Govt/quasi-Govt/Public Sector Undertakings (including nationalized banks and financial institutions) will be required to produce a “No Objection Certificate” from their employer at the time of interview, in the absence of which their candidature may not be considered.
h) Any dispute arising out of this advertisement shall be subject to the sole jurisdiction of the Courts situated at NCT of Delhi.
i) No Travelling Allowance is payable to candidates who are called for the Personal Interview. However, unemployed SC/ST Candidates, who are called for interview, will be paid actual to and fro 2ND Class Rail/Ordinary Bus fare in terms of Govt. guidelines by the shortest route on production of evidence of travel, i.e. Railway Receipt/Ticket(s) for attending the interview. The Bank will not be responsible for any injury/losses etc. of any nature.
j) No candidate is permitted to use Calculators, Mobile Phones, Pagers or any other instruments WHILE APPEARING FOR THE PERSONAL INTERVIEW.
k) Canvassing in any form will be a disqualification, the Bank reserves right to cancel his/her candidature without any intimation.
l) All candidates will have to produce, if called for interview (Depending upon the number of vacancies), originals as well as self attested photocopies of their educational certificates, Valid IBPS Score Card as well as Caste Certificate, certificate of disability in the proforma prescribed by the Govt. of India or any other certificate in support of their eligibility, failing which their candidature will be cancelled.
m) Any request for change of address will not be entertained.
n) In case any dispute arises on account of interpretation of version other than English, English version will prevail.
o) The Bank takes no responsibility for any delay in receipt or loss in postal transit.
p) Candidates are advised to note that if selected, they will be required to execute a bond with surety for serving the Bank for a specified period, as below. In the case he/she resigns from or leaves/abandons the service and /or neglects in performance of the duty assigned to him/her leading to termination of his/her service as per rules/regulations by the Employer-Bank before specified period for all losses, costs, charges and expenses he/she will indemnify the bank upto the extent of bond amount. Selected officers shall execute the indemnity bond before joining the Bank. Scale Amount of Bond Period Management Trainees in JMG Scale-I ` 2.00 lacs 03 Years
q) 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 Service & Conduct Rules of the Bank.
r) Banking is a versatile activity, which needs all round grooming of the selected candidates. Accordingly, the Management Trainees, recruited/selected in the Bank, will be required to acquire overall knowledge of various facets of banking for which the Bank will provide necessary on-the-job/theoretical training at its branches/offices including bank’s Training College/Centres, so as to enable recruited candidates to perform/undertake all type of banking activities.
Tentative Last Date: 13-02-2012
About the organization:
With over 60 million satisfied customers and more than 5100 offices including 5 overseas branches, PNB has continued to retain its leadership position amongst the nationalized banks. The bank enjoys strong fundamentals, large franchise value and good brand image. Besides being ranked as one of India’s top service brands, PNB has remained fully committed to its guiding principles of sound and prudent banking. Apart from offering banking products, the bank has also entered the credit card, debit card; bullion business; life and non-life insurance; Gold coins & asset management business, etc. PNB has earned many awards and accolades during the year in appreciation of excellence in services, Corporate Social Responsibility (CSR) practices, transparent governance structure, best use of technology and good human resource management.
Since its humble beginning in 1895 with the distinction of being the first Swadeshi Bank to have been started with Indian capital, PNB has achieved significant growth in business which at the end of March 2011 amounted to Rs 5,55,005 crore. PNB is ranked as the 2nd largest bank in the country after SBI in terms of branch network, business and many other parameters. During the FY 2010-11, with 39.16% share of CASA to domestic deposits, the Bank achieved a net profit of Rs 4433 crore. Bank has a strong capital base with capital adequacy ratio of 12.42% as on Mar’11 as per Basel II with Tier I and Tier II capital ratio at 8.44% and 3.98% respectively. As on March’11, the Bank has the Gross and Net NPA ratio of 1.79% and 0.85% respectively. During the FY 2010-11, its ratio of Priority Sector Credit to Adjusted Net Bank Credit at 40.67% & Agriculture Credit to Adjusted Net Bank Credit at 19.30% was also higher than the stipulated requirement of 40% & 18% respectively. The Bank has been able to maintain its stakeholders’ interest by posting an improved NIM of 3.96% in Mar’11 (3.57% Mar’10). The Earning per Share improved to Rs 140.60 (Rs 123.86 Mar’10) while the Book value per share improved to Rs 661.20 (Rs 514.77 Mar’10). Punjab National Bank continues to maintain its frontline position in the Indian banking industry. In particular, the bank has retained its NUMBER ONE position among the nationalized banks in terms of number of branches, Deposit, Advances, total Business, Assets, Operating and Net profit in the year 2010-11. The impressive operational and financial performance has been brought about by Bank’s focus on customer based business with thrust on CASA deposits,