Madhyanchal Gramin Bank Recruitment 2015

As some of you may be aware, Madhyanchal Gramin Bank has invited applications for Officer in Junior Management (Scale I) Cadre and Office Assistant (Multipurpose) posts. In this article, we bring to you a summary of the recruitment process for these posts.

Number of vacancies:

The bank has provisionally declared 100 vacancies for Scale 1 Officers and 350 vacancies for Office Assistants (Multipurpose). Out of the 100 vacancies for Scale 1 officers, 30 posts are reserved for OBC, 22 for SC and 1 for ST category candidates. There are 47 vacancies for unreserved category candidates. Similarly, out of the 350 vacancies for Office Assistants, 123 posts are reserved for OBC and 62 posts are reserved for SC category candidates. 165 posts are available for unreserved category candidates and no post is reserved for ST category candidates.

Pay scale, Probation Period and Employment Bond:

a) Candidates who are selected as Scale 1 Officers can expect gross monthly salary of approximately Rs 31,350 per month at current rates.

b) Candidates who are selected as Office Assistants can expect gross monthly salary of roughly Rs 15,600 per month at current rates.

c) Scale 1 Officers will be on probation for 2 years while Office Assistants will be on probation for 1 year. In case a candidate is not found eligible for confirmation at the end of this probation period, the probation may be extended by up to 1 year for Scale 1 Officers and up to six months for Office Assistants.

d) Successful candidates who join the bank would have to provide an employment bond (Indemnity Bond). Scale 1 Officers are required to provide a bond of Rs 1 lakh while Office Assistants must provide a bond of Rs 50,000. If a candidate chooses to leave the bank before completion of his probation period, then the candidate would be required to pay this amount to the bank.

Eligibility Criteria:

For these posts, Eligibility Criteria released by IBPS in its RRB CWE-III Advertisement published in Employment News/Rozgar Samachar dated 28th June-4th July, 2014 would be applicable. Candidates must also be proficient in Hindi – they should have studied Hindi at 10th level or at any level up to graduation level.

Selection Procedure:

Selections to the posts of Scale 1 Officers and of Office Assistants would be made on the basis of performance in the RRBs CWE III conducted by IBPS and in the Personal Interview. SC and ST category candidates must have scored at least 70 marks in RRBs CWE III overall while Unreserved and OBC category candidates must have scored at least 80 marks in RRBs CWE III overall in order to be eligible for these posts. Candidates must also have cleared the sectional cut-offs specified by the bank. Further, the bank has declared that the Personal Interview is worth 30 marks and candidates must score at least 12 marks (11 marks in case of SC/ST candidates) in order qualify the Interview.

Online Registration:

Candidates who are interested in the aforementioned posts must apply online at www.mgbank.co.in
Online registrations are open from 29th January and candidates may apply till 13th February, 2015.

To get fresh updates about specific exams on your Facebook &
Twitter timelines, subscribe to our pages created specifically for them.
We would be posting only exam specific information on these pages:

Bank PO:

FB: https://www.facebook.com/pagalguybankpo

Twitter: https://twitter.com/PaGaLGuYBankPO

SSC & Other Exams:

FB:

https://www.facebook.com/pages/Pagalguy-SSC-CGL-Others/879667042056262

Twitter:

https://twitter.com/pagalguyssc

All the Best!

Read Next