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48 Officer posts for India Post Payments Bank (IPPB)

Written By Ajit Kumar on Saturday, June 9, 2018 | 12:13 AM




IPPB

India Post Payments Bank Limited
(A Government of India Undertaking)
Post Box No: 760, Speed Post Centre, Market Road, Bhai Veer Singh Marg,
New Delhi – 110001
Direct Recruitment of Officers in Scale IV & V

India Post Payments Bank (IPPB) has been setup under the Department of Post, Ministry
of Communication with 100% equity owned by Government of India. India Post Payments
Bank is leading the next revolution of banking and financial literacy. This new model will
pave the way for India's largest banking network to reach each and every corner of the
nation. Our motto stands true - “No customer is too small, no transaction too
insignificant, and no deposit too little.” IPPB is leveraging frugal innovation and
top of the line technology infrastructure with the payment and settlement ecosystem
to bring simple and affordable solutions to the masses – delivered at the
last mile. IPPB will leverage the Department of Posts’ (DOP’s) unparalled reach across
India, through its 155,000 post offices and the trust that it enjoys among the common
man. IPPB’s vision is to be the most accessible, affordable and trusted bank for the
common man.
India Post Payment Bank Limited (IPPB) invites online applications from qualified
candidates who will be appointed at IPPB in Scale IV & V. Interested candidates who fulfill
the eligibility criteria may apply online from 08.06.2018 to 22.06.2018 by visiting our website
www.ippbonline.net.No other mode of application will be accepted.

The important dates are as follows
Activities Dates
Payment of Application Fee 08.06.2018 to 22.06.2018
Opening date of Online Registration 08.06.2018
Closing date of Online Registration 22.06.2018
Before applying, the candidates are advised to ensure that they fulfill the
stipulated eligibility criteria.

This advertisement contains the following details:
Section Section Title Details in Section
A Posts Names and grades of posts for which recruitment is
proposed, along with category-wise vacancy
B Job Profiles Details of Job profiles of posts for which recruitment is
proposed.
C Eligibility Criteria Details on the eligibility criteria such as age, educational
qualification and experience have been provided.
Relaxation for reservations have also been provided.
D Emoluments (as
on 01.06.2018)
and Relevant
Policies
Details of the pay-scale, emoluments and relevant
service rules have been provided.
E Selection
Procedure
Brief on Selection Procedure that shall be followed for
recruitment of the posts listed in Section A
F Application
Guidelines
Guidelines on procedure to be followed for submitting
online application, for remitting application fees and
other general instructions.
2 | P a g e

A. POST
Sr Function Post Grade Scale Position Type Vacancies
1 Sales &
Operations
AGM - Circle SMGS-V
 V
Regular
16 posts

2 Sales Chief Manager
Circle(Sales)
SMGSIV
IV Regular
16posts

3 Operations Chief Manager
Circle(Operations)
SMGSIV
IV Regular
16 posts
**Total vacancies mentioned above are indicative. Actual vacancies may vary according
to the business requirement of IPPB.
Grade Scale Category Wise Vacancy
          GEN OBC SC ST Total OC/HI/VI
SMGS-V V   9 4 2 1 16
1
SMGS-IV IV 18 8 4 2 32

2. JOB SPECIFICATIONS
The Age, Qualification and Experience as on 01.06.2018 for the posts specified in Section A are prescribed as under:
Sr Function Post Grade Scale Job Specification
1 Operations
AGM -Circle
SMGS -V
V
Age: Maximum of 50 years
Education qualification: Graduate from University/
Institution/ Board recognized by the Government
of India (or) approved by a Government
Regulatory Body
Experience profile:
Post Qualification Work Experience:
Minimum12 years of experience in government /
financial sector in leadership positions is preferable

2 Operations
Chief Manager Circle(Sales)
SMGS -IV
IV
Age: Maximum of 50 years
Education qualification: Graduate from University/
Institution/ Board recognized by the Government
of India (or) approved by a Government
Regulatory Body
Post Qualification Work Experience:
Minimum 9 years of experience is mandatory.
(of which)
Minimum 3 years of experience in Sales/Marketing
is required.

3 Operations
Chief Manager Circle(Operations)
SMGS-IV
IV
Age: Maximum of 50 years
Education qualification: Graduate from University/
Institution/ Board recognized by the Government
of India (or) approved by a Government
Regulatory Body
Post Qualification Work Experience:
Minimum 9 years of experience is mandatory.
(of which)
Minimum 3 years of experience in banking
Operations is required
** IPPB reserves the right to enhance/relax the eligibility criteria without giving any
advance notice.
Notes:

11.PROCEDURE FOR APPLYING ONLINE
i. Candidates are first required to go to the IPPB authorized website
http://www.indiapost.gov.in/ and click the option “CLICK HERE TO APPLY FOR IPPB
SCALE IV & V (Circle Positions) – Direct Recruitment” to open the online Application
Form.

vi. Application Fee / Intimation Charges (Non-Refundable)
Category of Applicant Application Fee
SC/ST/PWD (Only Intimation
charges)
INR 150.00 (Rupees One Hundred and Fifty
Only)
For all others INR 750.00 (Rupees Seven Hundred & Fifty
Only)
vii. Candidates should ensure their eligibility before paying the fees/applying
online.
viii.Application once made will not be allowed to be withdrawn and fee once paid will
NOT be refunded under any circumstances nor can it be held in reserve for any
other future selection process.
12.MODE OF PAYMENT
i. Candidates have to make the payment of requisite fees / intimation charges
through ONLINE mode only.
ii. Candidates should carefully fill the details in the Online Application at the
appropriate places very carefully and click on the “FINAL SUBMIT” button at the
end of the Online Application format. Before pressing the “FINAL SUBMIT” button,
candidates are advised to verify every field filled in the application. The name of
the candidate and his /her father/husband etc. should be spelt correctly in the
application as it appears in the certificates/mark sheets. Any change/alteration
found may disqualify the candidature.

https://www.indiapost.gov.in/VAS/DOP_PDFFiles/IPPB-PDF/Final_Advertisement_CirclePositions.pdf

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