Bank of Baroda Manipal PO Recruitment

Bank of Baroda (BOB) is one of the largest banks of India. The bank was started in the year 1908 in a small building in Baroda. Today BOB has its presence across 25 countries.

BOB offers an on-campus course for the recruitment of Probationary Officers in its branches across the country. The following article will help you briefly understand their course:

 

Baroda Manipal School of Banking (BMSB)

The Baroda Manipal School of Banking offers a 9-month full-time Post Graduation Certification on-campus course in Banking and Finance. Upon completion of the program, the candidates will be awarded a PG Certificate in Banking and Finance and offered appointment in Bank of Baroda as a Probationary Officer (JMGS-I).

After joining the bank, the candidates are required to carry out a 3-month Work Integrated Learning (WIL) in the form of training at the BOB Branch. Upon its completion, the candidates will be awarded a Post-Graduate Diploma in Banking and Finance by the Manipal University.

 

Eligibility

Age: (as on 1st April 2017): 20-28

Education: (as on 1st May 2017): Graduation with min 55% marks (50% for SC/ST/PWD) from a recognized university.

 

Selection process

Online Exam (Objective and Descriptive) à Psychometric Assessment à Group Discussion (GD) and Personal Interview (PI).

Date of the exam: 27th May, 2017 (Tentative)

 

Exam pattern
Sr No Type Name of the section Number of questions Total marks Duration
1 Objective Reasoning 50 50 2 hours
2 Quantitative Aptitude 50 50
3 General Awareness (related to Banking Industry) 50 50
4 English Language 50 50
5 Descriptive English Language 2 50 30 minutes
Total 202 250 2 hrs 30 mins

 

There will be cutoff marks for each section as well as overall cutoff marks. The candidates are supposed to clear these to be shortlisted for the Psychometric Assessment, Group Discussion and Personal Interview. The descriptive tests of candidates will only be assessed if they secure a minimum qualifying mark in objective test. Every wrong answer has a negative mark (1/4th of marks assigned to that question).

 

Student intake

The admissions will take place in 3 batches of 400 each. Following is the breakdown of candidates according to the categories they belong to:

Unreserved OBC SC ST Total
202 108 60 30 400

Note: The above are provisional and may vary depending upon future needs of the bank and availability of candidates under their respective categories.

 

Course fee: Rs. 3.45 lakhs (plus services taxes as applicable)

Fee for undergoing certification exams (like NISM) must be borne by the candidates additionally.

Education loan: BOB offers optional Education Loan to candidates at a concessional rate of interest of 8%. The candidates can pay the loan back in EMI after they start earning. However, the bank will reimburse the entire fee amount if the candidate successfully completes 5 years of service in the bank.

The bank also provides candidate a monthly stipend of 2500 during the course.

 

Why you should join BMSB?
  • Assurance of a full-fledged Banking Career with Bank of Baroda on successful completion of the course
  • You will acquire in-depth knowledge about the Banking world during the course
  • You will be familiar with the Products and Services and working of BoB before joining it
  • You will clear exams like JAIIB and CAIIB during the course which will take you 2 increments higher than those who are recruited directly
  • You will have an additional certification and be ahead in knowledge with peers
  • BOB cutoffs are relatively lower than other Bank exams

 

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After the program

Upon the successful completion of the program the candidates will be offered appointment as Probationary Officer in Bank of Baroda. The candidates will have to serve the bank for a period of 3 years (they will be made to sign a service bond), failing which they will be heavily fined.

The candidates can be posted anywhere in India.

 

Responsibilities of a PO in BOB
  • Marketing of Products, Services & Schemes
  • Bringing new business to the bank
  • Solving customer grievances
  • Handling daily customer transactions
  • Cash Management
  • Supervising clerical work
  • Other tasks bestowed by the bank

 

Salary of a BOB Manipal PO

Gross: 43,000

Net: 37,000

Salary scale:

Basic Pay Annual Increment Number of years
23,700 980 7
30,560 1145 2
32,850 1310 7
42020

 

BOB Manipal POs are also entitled for perks and allowances like: Dearness Allowance, City Compensatory Allowance, House Rent Allowance, Transportation Allowance, Medical Allowance, etc. and reimbursements of Newspapers, Cleaning, Furniture, etc.

 

Posting

The candidates can be posted anywhere in India (any branch of BOB)

Most of the vacancies are in Eastern and Southern India

Transfers of candidates normally take place after every 3 years

 

Career Progression

Promotions at BOB are faster. Candidates start off as Assistant Managers (JMGS I). Following which they’re promoted as:

Middle Management Grade Scale II (Manager)

Middle Management Grade Scale III (Senior Manager)

Senior Management Grade Scale IV (Chief Manager)

Senior Management Grade Scale V (Assistant General Manager)

Top Management Grade Scale VI (Deputy General Manager)

Top Management Grade Scale VII (General Manager)

 

We hope the above gives you a clarity on Bank of Baroda Manipal PO and the Baroda Manipal School of Banking.

Wish you all the very best!

 

Click here to take a FREE BOB Manipal PO Mock Test.

 


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