Home / Banking Jobs / 500 PO Recruitment in Syndicate Bank For PGDBF Admission 2018-19

500 PO Recruitment in Syndicate Bank For PGDBF Admission 2018-19

Syndicate Bank Job notification for Probationary Officers (PO) through  PGDBF Programme Admission 2018-19. There are 500 vacancies to be filled this year by Syndicate bank. Earlier, Syndicate bank had not shown any vacancies in IBPS PO and clerk 2017 notification. They are not filling any PO or clerk vacancies through IBPS.

Syndicate Bank PO vacancies are filled through their own Post Graduate Diploma in Banking & Finance (PGDBF) 2018-19. Under this program bank recruit candidates through all India exam and trained them for two years where they get the Post graduate degree in association with Manipal Institute. The selected students will be inducted to Manipal Global Education Services Pvt Ltd, Bangalore (MaGE) and Nitte Education International Pvt Ltd.(NEIPL), Greater Noida/ Mangaluru through this current selection exercise for 2018-19.The intake of students in each batch will be decided by the Bank, as per requirement.

Post completion training of nine month, these candidates are sent on stipend based training at various branches of Syndicate bank. After completion of two years they get confirmed as Officers in JMG-I.

This time Syndicate Bank has published the recruitment vacancies of 500 posts. Details for other criteria including eligibility, Fees payment etc are below :

Vacancies Details :

General : 252     |  OBC :   135        |  SC :    75         | ST :     38   |  Total : 500

Eligibility

Qualification (As on 01.10.2017) – Degree (Graduation) with minimum 60% (55% for SC/ST/PWD) marks in any discipline from a recognized University OR any equivalent qualification recognized as such by Central Government. All the educational qualifications mentioned should be from a University/ Institution/Board recognised by Govt. Of India/ approved by Govt. Regulatory Bodies and the final result should have been declared on or before 30.09.2017. Proper document from Board / University for having declared the result on or before 30.09.2017 has to be submitted at the time of interview.

Candidate should indicate the percentage obtained in Graduation calculated to the nearest two decimals in the online application. The fraction of percentage so arrived will be ignored i.e. 59.99% will be treated as less than 60% and 54.99% will be treated as less than 55%.

Age : As on 01-10-2017

Minimum Age:  20

Maximum Age: 28

And age Relaxation can be applicable to candidates for PGDBF as given below

For SC/ST age relaxation 5 years
For OBC age relaxation 3 years
For PH age relaxation 10 years
For PH+OBC age relaxation 13 years
For PH+SC/ST age relaxation 15 years

How To Apply :

Detailed guidelines for

A. APPLICATION REGISTRATION

B. PAYMENT OF FEES

Candidates can apply only online from 02.01.2018 to 17.01.2018 and no other mode of application will be accepted.

PAYMENT OF FEES (ONLINE MODE ONLY)

  1. Visit Syndicate Bank website career section at  https://www.syndicatebank.in/english/Career.aspx
  2. Check PGDBF PROGRAMME 2018-2019
  3. Click on Apply Online
  4. Fill the details
  5. Make a payment through online mode/debit/credit card/Internet banking/ATM etc
  6. Submit the application
  7. Download the submitted application for future

Exam Fees

All candidates should pay a non-refundable amount of Rs. 600 and for SC/ST candidates should pay 100 Rupees towards exam fee for PGDBF.

Syllabus of Exam

Exam Type Subject No of Questions Marks Time
Online ObjectiveTest Reasoning 50 50 Composite of 2 Hours
Quantitative Aptitude 50 50
English 50 50
General Awareness 50 50
Descriptive(Online) English Language 2 50 30 Minutes

Note : Each Candidate will be required to obtain minimum score in each objective test and also minimum total score in the objective test. Depending on the number of vacancies cut offs will be decided in each test. There will be descriptive paper for test of writing skill in English which has to be completed in online mode only.

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The descriptive test is for qualifying purpose only. The descriptive paper of only those candidates who secure minimum marks in objective test will be assessed. Further the candidate has to secure minimum marks( 50% for general & 45% for SC/ST/OBC/PWD) in descriptive test to qualify for next process viz Interview and Group discussion.

Wrong answers in objective test will attract negative marks for the online test. Along with the call letters, information handout and a sample test shall also be uploaded on the site which candidates can take to familiarize themselves with the nature of Test & Questions.

Personal Interview/Group Discussion

The aggregate marks of qualified candidates in the Objective Test will be arranged in descending order in each category and the candidates in the order of merit, subject to approximately 5 times the number of vacancies declared for each category, will be called for Interview and/ or Group Discussion as decided by the Bank. The qualifying marks in Interview and/or Group Discussion will be as decided by the Bank. The final merit list for selection will be on the basis of performance in Online Test and Interview and/or Group Discussion as decided by the Bank.

Program Fees & Stipend

The fees for this Course will be Rs. 3.50 lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus taxes, as applicable to be paid by the student. Changes in the Course fees if any will be informed to the successful candidates subsequently.

Apart from the above course fees, the exam fees for undergoing various Certification exams viz. NISM (Mutual Funds) and NISM (Depository services) as mandated under the course will have to be borne by the candidates, as per the fees charged by NISM from time to time for conducting these Certification exams. Currently, the fee for NISM (Mutual Funds) and NISM (Depository services) certification exams comes to Rs. 3000/- per candidate.

Finance for Program Fees

Students can pay the course fees by availing an Education Loan which will be considered by Syndicate Bank as per Synd Vidya Scheme. Further, The loyalty bonus of ?. 500000/- shall be paid to the Officers at the rate of ? 100000/- for every completed year of service after 5 years of continuous and satisfactory service in the Bank from the date of joining the service (i.e. ?. 100000/- each on completion of 6th, 7th, 8th,9th & 10th year of continuous and satisfactory service), subject to regularity of education loan if availed.

Incentive

During nine months class room training the students shall be paid a sum of Rs 3000/- pm as stipend and during the next three months of internship a stipend of Rs 15000/- pm shall be paid.

Check For Upcoming Exam : Here

IMPORTANT DATES

Details Date
Starting of Applications 02nd –January-2018
Last date to  pay fee 17th –January-2018
Date of Exam 18th –February-2018
Download Admit cards After 5th –January-2018

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