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South Indian Bank Probationary Officers (Scale I) Notification Out 2018

Dear Aspirants,

The South Indian Bank is a premier Commercial Bank in India. The bank has invited the applications from Indian Nationals for filling up the vacancies of Probationary Officers- Scale I.  Eligible Candidates are requested to apply ONLINE through the link mentioned at the end of the notification. First of all, you should go through the notification details that are given below:

Total number of vacancies: 150

Important dates:

Online Application - Start Date16.05.2018
Online Application – End Date25.05.2018
Online Test - TentativeJune 2018

Eligibility Criteria: 

(A) Age Criteria (As on 31.12.2017):

Less than 25 years as on 31.12.2017. Candidate should be born not earlier than 01.01.1993 and not later than 31.12.1998 (both days inclusive). Upper age limit will be relaxed by 5 years in the case of SC/ST candidates.

(B) Essential Academic Qualifications (As on 31.12.2017): 

Candidate should have passed X, XII, and Graduation under regular course (full-time course) from a recognized University/ Institute recognized by the Govt. of India with minimum 60 % marks.

Note: Educational qualification by mode of distance education will not be considered.

Application Fees: The Application fee will be submitted online.

General CategoryRs. 800/- ( Excluding GST and other charges )
SC/ST categoryRs. 200/- ( Excluding GST and other charges )

Selection Process and Exam Pattern: The competitive exam consists of three stages. The total marks for Written Test, Group Discussion and Interview will be 200.

1. Online Test

2. Group Discussion

3. Personal Interview

Exam Pattern:

Sr. No.

Name of Tests

No. of Qs

Max. Marks

Time allotted for

each test (Separately timed)

1.

Reasoning & Computer Aptitude

40

50

40 minutes

2.

General/ Economy/ Banking Awareness

40

50

20 minutes

3.

English Language

40

50

40 minutes

4.

Data Analysis & Interpretation

40

50

40 minutes

Total

160

200

140 minutes

Note: There will be  ¼  penalty for wrong answers and the Test will be made available only in English.

Group Discussion and Interview:

Candidates who have been shortlisted in the online examination will subsequently be called for group discussion and Interview to be conducted by the Bank. 

Guarantee Bond:

Selected candidates will have to execute an agreement to the effect that they will serve the Bank for a minimum period of three years (active service) from the date of their joining the Bank. In case they leave the service of the Bank for any reasons whatsoever before the expiry of the said period, a sum of Rs.1,50,000/- (Rupees One Lakh Fifty Thousand only) will be levied towards compensation and liquidated damages.

Probation Period:

The probation period is 2 years from the date of joining. Confirmation will be subject to satisfactory performance during probation.

Pay Scale: 

IBA approved pay scale of Rs. 23700– 980/7 – 30560- 1145/2 – 32850- 1310/7 - 42020 plus DA, HRA & other allowances. Eligible for performance linked incentive applicable to Scale I officers as per the scheme in vogue.

Click Here for Official Notification

Click Here for Online Registration

   

 

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