Andhra Bank Probationary Officer Recruitment 2012 through Manipal Global Education Services

Andhra Bank Probationary Officer Recruitment 2012 through Manipal Global Education Services. Andhra Bank, a Nationalized Bank with pan India presence has entered into an MOU with Manipal Global Education Services (MaGE), a leader in education field to provide World Class training in Banking and Finance to prospective candidates aspiring to join Andhra Bank as Probationary Officers so that they are fully equipped to discharge their duties effectively from day one of joining the services of the bank.

Eligibility: 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.
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.

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. 14500-600×7/ 18700-700×2/ 20100-800×7/25700. 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.

Rs. 2,500/- p.m. during the nine months Campus period, and
Rs. 10,000/- p.m. during the internship period.

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