IPPB Latest Recruitment 2024, Apply Online, India Post Payments Bank Limited (IPPB) has posted a new job announcement for 47 Circle Executives in various locations throughout India, including Bihar, Delhi, Gujarat, and others.

These are temporary roles that will last a certain amount of time. If you are between the ages of 21 and 35, you may apply online from March 15th to April 5th, 2024, on the organization’s official website, www.ippbonline.com.

IPPB Executive Recruitment 2024 Notification Out

Candidates seeking contractual appointments as Executives in several disciplines of IPPB’s Sales & Operations Department. The application form may be submitted via IBPB’s official web page between March 15 and April 5, 2024. To avoid a last-minute rush, all qualified applicants are encouraged to submit their applications early.

Summary of state-wise break-up of 47 vacancies has been tabulated below. However, details of these 47 locations are furnished in Annexure-I.

S.NoCircleNo. of Vacancies
1Bihar5
2Delhi1
3Gujarat8
4Haryana4
5Jharkhand1
6Karnataka1
7Madhya Pradesh3
8Maharashtra2
9Odisha1
10Punjab4
11Rajasthan4
12Tamil Nadu2
13Uttar Pradesh11
 Total47
  • The candidate will have to apply for vacancy of one Circle only. A candidate applying against vacancy of one Circle will not be eligible to apply against vacancy of any other Circle.
  • Candidature of the applicant will be considered only against the vacancies in the Circle for which he/ she has applied/ opted. Merit list will be drawn Circle wise.
  • Selected candidates will be posted in the Circle against which they have applied and are selected

India Post Payments Bank Eligibility

To qualify for the Executive post at India Post Payments Bank Limited (IPPB), you have to fulfill the following requirements:

Educational requirements: You must be a graduate.
Candidates must have an MBA in sales or marketing.

Age Limit: You must be between the ages of 21 and 35 as of January 3, 2024.
These qualifying requirements are critical for anybody wishing to apply for the Executive position at IPPB.

1.  Posts:

  Post/DesignationNo. of VacanciesAge (as on 01-03-2024)Vacancy reserved for
UREWSOBCSCST
Executive4721 to 35 years21041273
Horizontal Reservation is applicable for Persons with Disability (minimum 40% Disability) as per Government of India norms.
 
Note: Number of vacancies are tentative and may increase or decrease as per the requirement of the Bank

IPPB Period of Contract:

The contract would be initially for a period of 01 year and this may be reviewed for extension on Year- to-Year basis for a further period of 02 years, subject to satisfactory performance. The Maximum duration of this contract would be three (3) years.

IPPB Recruitment Application Fees

CategoryApplication Fee
SC/ST/PWDINR 150.00 (Intimation charges only)
All OthersINR 750.00

Candidates looking for the Executive post at India Post Payments Bank Limited (IPPB) must pay an application fee depending on their category. SC/ST/PWD candidates must pay INR 150.00, while all other applicants need pay INR 750.00.

IPPB Recruitment Selection Process

a) Selection will be based on graduation grades, group discussions, and personal interviews. However, the bank retains the right to choose the applicant solely on the basis of graduation/MBA (marketing/sales) grades and to undertake an online test/group discussion. Simply meeting the qualifying requirements does not entitle an applicant to be summoned for an interview/group discussion or online test.

b) If two or more applicants get the same score during the selection process, the merit order will be determined based on their dates of birth.

c) IPPB maintains the right to choose only qualified individuals for assessments, interviews, group discussions, or online tests based on their qualifications, experience, and job needs.

d) The website will display the results of the recruiting process, including the list of chosen applicants. The final selection list will be available on the website.

Important Dates for IPPB Bank Circle Executive Recruitment

(i)Opening date for On-line Registration of Applications15.03.2024: 10.00 AM
(ii)Last date of On-line Submission of Applications with Fee05.04.2024: 11.59 PM

What is the process for applying for IPPB Executive Recruitment in 2024?

To begin the process of applying for the recruitment of CBE at IPPB, it is necessary to adhere to the following sequential requirements.

Please visit the IPPB website at ippbonline.com/.
Please go to the section labeled “MEDIA / ANNOUNCEMENTS.”

Please go to the “Career” section and proceed to choose the option “Recruitment of 47 Circle Based Executives on Contract Basis.”
Select the option “Apply Online” in order to begin the application procedure.
To register as a new user, please create an account. To access your account, please log in with your provided credentials.
Please include the necessary information in the application form.
Please ensure that the required papers are attached in accordance with the application rules.
The next step involves remitting the application fee, followed by the submission of the online form.

IPPB Pay and allowances

  1. The Bank shall pay a lump sum amount of ₹30,000/- (rupees thirty thousand only) per month inclusive of statutory deductions.
  • Tax deductions will be done as per Income Tax Act, considering the amendments from time to time.
  • Annual increment of lump-sum pay and incentives based on performance in business acquisition/sales activities as decided by the Competent Authority from time to time.
  • Further, it is clarified that no other pay/allowances/bonus, etc. shall be paid except those mentioned above.