India Post Payments Bank (IPPB) Recruitment for 132 Executive Post

India Post Payments Bank (IPPB) is inviting applications from qualified candidates for the Executive post. The recruitment is issued by IPPB for 132 posts.

In order to support our future growth and transformation challenges, IPPB is inviting applications from qualified, energetic, and dynamic candidates who will be appointed as Executives on a contractual basis through online application mode as per the details given below. Interested candidates who fulfill the eligibility criteria may apply online from 26.07.2023 to 16.08.2023 by visiting our website www.ippbonline.com. No other mode of application will be accepted.

About IPPB

India Post Payments Bank Limited (IPPB) has been set up under the Department of Post, Ministry of Communications with 100% equity owned by the Government of India having a presence all over India which aims to utilize all of India’s 1,59,015 post offices as access points and 3~Lakh Postmen and Gramin Dak Sewaks (GDS) to provide doorstep banking services. IPPB is leading the next revolution in banking and financial literacy and this new model will pave the way for India’s largest banking network to reach each and every corner of the nation.

India Post Payments Bank (IPPB) Recruitment Important Dates

India Post Payments Bank (IPPB) Recruitment Job Vacancy Details

Note: The number of vacancies is tentative and may increase or decrease as per the requirement of the Bank.

State-wise Break-Up of Vacancies

Job Description and Minimum Eligibility Criteria

Job Description

• Achievement of Monthly revenue targets through direct sales of the Bank’s products.
• Organize customer acquisition events and run campaigns in the area under Branch/ Office jurisdiction to increase financial literacy.
• Conduct periodic training and education sessions for Business Correspondents (Individual/Dept of post End users) on IPPB
  products and services.
• Operate seamlessly with Dept. of Post End users and counterparts to drive Business of IPPB products and third-party sales.
• Assist Individual & Corporate Business Correspondents in acquiring new customers for IPPB and its Partner Organizations.
• Acquire, grow, and retain customer relationships.
• Develop and manage the strategic relationship with all channel partners to drive sales and disseminate marketing information, events, training, and promotions which will facilitate meeting the Bank’s business goals.
• Adhere to all operational guidelines & compliances of the bank and responsible for submission of periodical reports/returns.
• Any other duties assigned by the Bank from time to time.

Minimum Eligibility Criteria

Minimum Educational Qualification:

Graduate in any discipline.

Note: The candidate with prior experience in sales/operations of financial products would be preferred.

Period of Contract

The contract would be initially for a period of 01 years and this may be reviewed for extension on a Year-to-Year basis for a further period of 02 years, subject to satisfactory performance. The Maximum duration of this contract would be three (3) years.

Selection Process

1. Selection will be made on the basis of an Online Test and or Group Discussion and or Personal Interview. Merely satisfying the eligibility norms does not entitle a candidate to be called for Interview/Group Discussion or Online Test.
2. IPPB reserves the right to call only the requisite number of candidates for the Assessment/ Interview/ Group Discussion or Online Test after preliminary screening/shortlisting with reference to candidates’ qualifications, experience, profile vis-a-vis job requirements, etc.
3. 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 website. The final select list will be published on the website.

Pay and allowances

1. The Bank shall pay a lump sum amount of ₹30,000/- (rupees thirty thousand only) per month inclusive of statutory deductions.
2. Tax deductions will be done as per Income Tax Act, considering the amendments from time to time.
3. Executives engaged in business activities may be paid incentives by Bank based on their performance.
4. Executives may be paid an annual increment of their Lump sum pay as decided by the Bank from time to time.
5. Further, it is clarified that no other pay/allowances/bonus, etc. shall be paid except those mentioned above.

Job Location

• All candidates shall submit their preferred location out of the various locations as furnished in Annexure-I, in the online application. Candidates can choose three locations of their preference in the online application. In addition to three preferential locations, the candidate may also opt for the option of serving anywhere in India.
• The candidate shall not submit more than one application. Multiple applications will be summarily rejected.
• Based on the marks scored in the selection process, the candidates shall be allotted a preferred location subject to their successful qualification of the selection process. Change in the data already submitted by the candidate in the application form shall not be permitted.
• In the event of two or more candidates having obtained the same score in the selection process, the merit of the order shall be decided as per the date of birth of the candidates.

Application Fee/ Intimation Charges (Non-Refundable)

i. Candidates should ensure their eligibility before applying for the post.
ii. Application once submitted will not be allowed to be edited/ withdrawn and the application fee once paid will NOT be refunded under any circumstances nor can it be held in reserve for any other future
selection process.

In case of any query please write to email id: careers@ippbonline.in.