CANARA BANK 2009 RECRUITMENT OF PROBATIONARY CLERKS PROBATIONARY OFFICERS INVESTMENT OFFICERS [ON CONTRACT] SPECIALIST OFFICERS

 

 

 

 

 

 

* Staying and posting from abroad, Andaman & Nicobar Islands, Lakshadweep, Assam, Meghalaya, Arunachal Pradesh, Mizoram, Manipur, Nagaland, Tripura, Sikkim, Ladakh division of Jammu & Kashmir State, Lahaul & Spiti District and Pangi sub division of Chamba District of Himachal Pradesh.

The details of Number of Posts are as follows;

* Inclusive of relaxation

ELIGIBILITY CRITERIA & OTHER DETAILS: All the eligibility [qualification, experience, age etc] shall be computed as on 01.01.2009.

Post Code-1: Probationary Clerks
a)        Qualification: Pass in 10+2 with 60% [SC/ST/PWD candidates – 55%] OR a pass in Graduation.
Should have studied the local language of the State for which he/she is applying (as I/II/III language) either at SSLC/SSC or 10+2 or Graduation level.
b)        Job Profile: General Banking, House keeping etc and any other work assigned by the Bank from time to time.

 Post Code-2: Probationary Officers [JMGS-I]:
a)        Qualification: Graduation with First Class-with 60% [SC/ST/PWD candidates – 55%].
b)        Job Profile: General Banking, House keeping etc and any other work assigned by the Bank from time to time.

Post Code-3: Investment Officers [on Contract]
a)        Qualification:
A Graduate in any discipline, preferably with MBA, and having flair for marketing the Insurance, Mutual Fund and other products of the Bank.
Candidate should possess the following; -            Passion for Marketing -            Work independently and also with team -            Computer literacy
-            Good communication skills Preference will be given to those candidates who have prior experience in marketing / insurance business.
Since the job involves extensive travelling, candidates should have good physical fitness and ready to accept the challenges & meeting the targets.
b)        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. 
c)         Period of Contract  Three [3] years with an option to extend for two years at the discretion of the Bank. 
d)        Compensation Fixed Pay: Rs.15000/- per month subject to achievement of minimum threshold premium of Rs.1 lakh per month i.e., Rs.12 lakhs per annum.

Variable Pay:

Over and above the threshold limit, he/she will be entitled for variable pay and the variable pay 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 lakhs 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 the month from the end of the second quarter under review. However, if any candidate fails to achieve minimum threshold limit of Rs.3 lakhs in any quarter, Bank reserves right to break the contract.

e)        Other Benefits: Casual Leave – 10 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 shall not be permitted.

APPLICATION FEE INCLUDING POSTAL CHARGES (NON REFUNDABLE)

   *towards postage only

NOTE:

(i)         The requisite application fee / postage must be paid by means of a crossed Demand Draft issued by any Scheduled Commercial Bank in favour of Canara Bank –Recruitment Project – 2009 payable at Mumbai.

(ii)        Demand Draft should be dated between the following dates;

Even if the last date of registration changes due to technical reasons, the valid dates of demand drafts will not be changed

(iii)     Payment of application fee by Cash / Cheque / Money Orders / Postal Orders etc will not be accepted

(iv)      Candidates must note his/her name, date of birth, post name & post code on the reverse of the Demand Draft.

6.          SELECTION PROCEDURE

For the posts of Probationary Clerk [Post Code-1], Probationary Officer [Post Code-2] & Official Language Officer [Post Code-4]:

The selection for post codes 1, 2 & 4 is on the basis of qualifying in the written test and performance in interview.

The written test shall consist of Objective Test & Descriptive Test. The details of test are as follows;

There will be negative marks for wrong answers in Objective Test. Other details regarding the test will be given to the candidates in the “Acquaint Yourself Booklet”, which will be sent along with the call letter for written examination.

Depending on the number of vacancies, such of those candidates who rank sufficiently high in the order of merit in the written test as per the cut off marks decided by the Bank will only be called for interview. Mere admission to the test / eligibility / pass in the test does not imply that the Bank is satisfied beyond doubt about the candidates’ eligibility and shall not vest any right in a candidate for being called for interview. 

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