India Post Payments Bank(IPPB) Limited Scale-I Recruitment- FAQ's

Dear Readers, As you know India Post Payment Bank Limited Scale-I vacancies are out. we are providing you frequently ask questions/queries related with this recruitment.

1. What is starting date and ending date for applying?
Ans- 4th October, 2016 to 25th October,

2. How many vacancies are there?

3. What is minimum and maximum age for applying for this post?
Ans- Age Limit: 20 to 30 years
Note: The candidate should be born not before 02.09.1986 and not later than 01.09.1996 (both dates inclusive).

4. What is minimum qualification required to apply for this post?
Ans- Graduate from University/ Institution/ Board recognized by the Government of India (or) approved by a Government Regulatory Body.
Note:Candidates who fulfill the minimum education qualification and with postal services or sales of financial products/ rural banking/ with experience as Business Correspondent for banks are also eligible.

5. What is the salary and perks for this post?

(#) – Approximate monthly CTC calculated at the start of the scale inclusive of Dearness Allowance, City Compensatory Allowance & other allowances at “A” Category cities.
In addition to the above, the Officer would be entitled to a Performance Pay as per criteria defined by the IPPB from time to time.
The Officers are also entitled to retirement and terminal benefits as per the policy defined by the IPPB.

6. What is probation period for this job?
Ans-The Probationary Officers will be on probation of two years during which they will be given intensive training. Towards the end of their probation/training period, they will be subjected to a screening process for confirmation.

7. What is the selection procedure for this recruitment?
Ans-Selection will consist of the following steps: (i) Preliminary Examination 
(ii) Main Examination 
(iii) Interview. 
The final selection shall be made on the basis of interview. Merely satisfying the eligibility norms do not entitle a candidate to be called for Examination / Group Discussion / Interview.
Results of the candidates who have qualified for various stages of the recruitment process and the list of candidates finally selected will be made available on the IPPB's website. Final select list will be published on the IPPB’s website.

8. What is application fee for this recruitment?
Ans- Category of Applicant                                        Application Fee
SC/ST/PWD (Only Intimation charges)                  INR 150.00 (Rupees One Hundred and Fifty Only)
For all others                                                            INR 700.00 (Rupees Seven Hundred Only)

9. What is the method for applying?
Ans- Online. Candidate need to apply online for this post.

10.  What is exam pattern for this recruitment?
Ans- 1. Preliminary Exam
 2. Mains Exam

3. Interview.