Degree in any discipline from a recognized University or any equivalent qualification recognized by Central Government, with a First Class (60% and above) and should hold a valid score card issued by IBPS for the CWE for Probationary Officers/Management Trainees held in September, 2011.
Age (as on 31.07.2012):
Minimum 21 years and Maximum 29 years.
Relaxation in Upper age limit:
For Scheduled Castes/Scheduled Tribes by 5 years.
For Other Backward Candidates by 3 years
For Persons with Disability by 10 years
(which by accumulation becomes by 15 years for SC/ST
PWD Candidates, by 13 years for OBC PWD candidates
and by 10 years for General PWD Candidates)
Application Fees (Non Refundable): General / OBC candidates : Rs.100.00
SC / ST / PWD candidates: Rs. 25.00
Admission to the Programme:
Candidates shall be selected by Andhra Bank through a selection process consisting of Group Discussion and/or Interview, from among those applicants who have applied in response to our Advertisement and fulfill all the above referred eligible criteria.
Course details – One Year Course:
The selected students will go through a nine month Campus programme at Manipal University, Bangalore Campus, to be followed by a three months internship at any of the Andhra Bank Branches. The course and the curriculum will be especially tailored to meet Bank’s needs and requirements from the Probationary Officers. The curriculum will include, apart from General Management subjects, courses related to Banking areas and also various types of skills, including soft skills, proper grooming, etc. Various Bank specific processes including training on the Bank’s technology platform will be incorporated within the curriculam itself. The compulsory 3-months internship will be at any of the Bank Branches which will enable an on-the-job training of the students and also a real-life work experience.
Final placement at Andhra Bank:
All students after successful completion of the course will be awarded the “POSTGRADUATE DIPLOMA IN BANKING AND FINANCE” from Manipal University at a convocation ceremony where they shall also be handed over the final appointment letters from the Bank. Accordingly, they will be finally absorbed in the Bank as Probationary officers in JMG/S-I and can be posted anywhere in India as per Bank’s discretion
Emoluments on final placement:
After successful completion of the Post Graduate Diploma in Banking and Finance in the Manipal University and subsequent placement in Andhra Bank, candidates will draw a salary as applicable to Junior Management Grade/ Scale I which is presently in the scale of Rs. 14500-600x7/18700-700x2/20100-800x7/25700. They will also be eligible for DA, HRA & CCA, as per rules in force from time to time. At present, the initial yearly emoluments (salary component only) of Junior Management Grade/ Scale I Officer, including DA, HRA, and CCA are approximately Rs. 3/- lacs in a Metropolitan Centre. Apart from the salary component, officers will also be eligible for all other perquisites, facilities, rent reimbursements, other reimbursements, etc. as applicable to a JMG/S-I officer.
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