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India Post Payment Bank Recruitment 2017 – Scale – I/ II/ III Officer Vacancies

India Post Payment Bank Recruitment 2017: Are you waiting to get enrolled in banking sectors? Now, numerous job opportunities are availed in India Post Payment Bank Limited below the areas of Manager, Assistant Manager and Senior Manager. In the current scenario banking is the most demanding job, so we expect intensive level of completion for the forthcoming India Post Payment Bank Recruitment. As we know, banking careers are especially for Graduates only. The same eligibility is expected in case of this Managerial Recruitment also. Herein, we had summarised more contents about this recruitment.

Bank Name India Post Payment Bank Limited
Designation Manager, Senior/ Assistant Manager
Openings 2000 (Approx) Last Date Will update soon
Education Graduate Degree
Job Type Permanent
Job Location India

India Post Payment Bank Recruitment 2017

India Post Payment Bank Limited is recently incorporated as Public Limited Company under the umbrella of Department of Posts. IPPB will offer demand deposits such as savings and current accounts. Most recently the announcement from this Bank for filling the Managerial vacancies reached our ears. Working in Manager Posts is not a small thing, so along with the academic qualification, aspirants experienced in this field will only be hired.

They enable their authorized web portal as a platform to receive job applications from the eligible and interested persons. In few days after registration, those who responded against India Post Payment Bank Recruitment will meet exams and interview. The recruited Officers would be initially considered as Probationer and during that period those appointees are subject to intensive training. Depending on the discretion of IPPB, Officers would be transferred or posted in any other place.

Designation Wise IPPB Vacancy Details:

Sl. No Designations No of Posts Age Limit Salary
1 Scale I Officer (Assistant Manager) 1000 (Approx) 30 years Rs.51490/-
2 Scale II Officer (Manager) 1000 (Approx) 35 years Rs.45950/-
3 Scale III Officer (Senior Manager) Rs.42020/-


Necessary Qualification: Almost in all the banking jobs Graduates are preferred. Here also, India Post Payment Bank invites applications from those aspirants accomplish Graduate Degree from any recognized institutions. The Degrees must be obtained from any recognized institutions will only be considered.

  • Minimum qualification – Graduate Degree

Experience Required: Aspirants those who are having experience in managing a branch of public sector bank or selling the financial products would be the suitable person to serve in this bank.

  • For Senior Manager – 6 years
  • For Manager – 3 years

Age Restrictions: Age groups mentioned below are prescribed for the candidates those who going to apply for the post of Manager, Senior Manager and Assistant Manager. As on the cut-off date given, applicants must satisfy the age criteria.

  • Age limit for Senior Manager – 23 to 35 years
  • Age limit for Senior Manager – 26 to 35 years
  • Age limit for Assistant Manager – 20 to 30 years

If he/ she reside under reserved category, then age concession is offered as per the following criteria,

Category Age Relaxation
OBC 3 years
SC/ ST 5 years
PWD 10 years
Ex-servicemen Service + 3 years
Jammu & Kashmir Domiciles 5 years
Persons affected by 1984 Riots 5 years

Recruitment Process: There will be multiple stages of selection such as Prelims, Mains and Interview to recruit capable aspirants. In each level, candidates are expected to meet the qualifying level. In final stage of interview, appointment for each of the deserving aspirants would be decided.

  • Preliminary Exam
  • Main exam
  • Interview

Salary Offered: The approximate monthly salary allotted for the employees of this bank will includes dearness allowance, city compensatory allowance and other allowances at “A” category cities.

Post Name Pay Scale Approximate Salary
Senior Manager Rs.42020-51490/- Rs.106000/-
Manager Rs.31705-45950/- Rs.83000/-
Assistant Manager Rs.23700-42020/- Rs.65000/-

In addition to the above pay, these Officers would be entitled with the performance based pay, retirement and terminal benefits as per the criteria defined by the IPPB.

Application Fee: In online mode only, applying contenders for IPPB Recruitment 2017 can able to remit the application fee. Only a less amount of application fee should be transacted by the candidates claiming under SC/ ST/ PWD category.

  • Cost of Application – Rs.150/- (SC/ ST/ PWD)
  • Cost of Application – Rs.700/- (Others)
  • Fee payment mode – Online

How to Apply for India Post Payment Bank Recruitment 2017

In IPPB’s authorized website, contenders those who are eager to apply shall submit your applications. While applying, he/ she may pursue with the below lists, if you are not conversed with the use of internet.

  • Log on the official website “www.indiapost.gov.in”.
  • Find the concerned notification and click on “Click here to apply for Scale I/ II/ III”
  • To register the application, enter the basic information in the application form.
  • A provisional Registration Number and Password will be generated on successful registration.
  • Then, upload the scanned images of passport size photo and signature as per the specifications given.
  • Change the entered data if required and click on “SAVE AND NEXT”
  • Finally proceed for fee payment and submit the application form, by hitting “FINAL SUBMIT”
  • Retain the hard copy of application form for future reference.

Latest Bank Jobs

Official Notification indiapost.gov.in

Dates to Remember

  • Starting date to submit application – Will update soon
  • Last date to submit application – Will update soon

Note: The overall details about India Post Payment Bank Recruitment 2017 are updated above. You may find more details in the official notification.

Updated: 6th June 2017 — 12:41 am

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