IPPB Recruitment 2024 Notification PDF Download

Recently India Post Payments Bank notified a notification for the recruitment of 47 posts of executive in various branches of IPPB bank across India. This IPPB Recruitment 2024 Notification PDF Download is available here.

If you are eligible as per this notification, you must apply this. Before applying, check the last date, eligibility criteria, and more about this India Post Payments Bank executive recruitment 2024.

IPPB Recruitment 2024 Notification PDF Download

IPPB Executive Recruitment 2024 Notification and other details

India Post Payments Bank is recruiting a total of 47 executives across India. This recruitment is purely contract basis. The contract would be initially for 01 year and this may be reviewed for extension for a further period of 02 years, subject to satisfactory performance. The Maximum duration of this contract would be three (3) years.

The job profile of executive in IPPB is as under-

  • Achievement of Monthly revenue targets through direct sales of Bank’s products.
  • Support in organizing customer acquisition events and run campaigns in the area under Branch/ Office jurisdiction to increase financial literacy.
  • Conduct periodic training and education sessions for GDS on IPPB products and services.
  • Operate seamlessly with DoP Inspectors (Sub-division) and Postmasters to drive IPPB and 3rd Party sales.
  • Assist GDS in acquiring new customers for IPPB and its Partner Organizations. Assist IPPB Manager in Operations.
  • Acquire, grow and retain customer relationships by organizing customer events and run campaigns in the area to increase financial literacy.
  • 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.
  • Any other duties assigned by the Bank from time to time.

Vacancies Details

Total vacancies- 47 

  • Bihar- 5
  • Delhi- 1
  • Gujarat- 8
  • Haryana- 4
  • Jharkhand- 1
  • Karnataka- 1
  • Madhya Pradesh- 3
  • Maharashtra- 2
  • Odisha- 1
  • Punjab- 4
  • Rajasthan- 4
  • Tamil Nadu- 2
  • Uttar Pradesh- 11

Note: The candidate will have to apply for a vacancy of one Circle only. 

Important Date

  • Online Registration start date- 15.03.2024
  • last date to apply online- 05.04.2024

Eligibility Criteria

  • Minimum Educational Qualification- Graduate in any discipline. 
  • Note: First preference will be given to candidates with MBA(Sales/Marketing).
  • Post-qualification work experience- Fresher
  • Note: The candidate with prior experience in sales/operations of financial products will be desirable.

Application Fee / Intimation Charges (Non-Refundable)

  • SC/ST/PWD (Only Intimation charges)- INR 150.00 (Rupees One Hundred and Fifty Only)
  • For all others- INR 750.00 (Rupees Seven Hundred fifty Only)
  • Note- Candidates should ensure their eligibility before paying the fees/applying online.
  • Note- The application once made will not be allowed to be withdrawn and fee once paid will NOT be refunded under any circumstances nor can it be held in reserve for any other future selection process.

Selection Procedure

Selection will be based on marks obtained in the graduation/Group Discussion/Personal Interview. However, the Bank reserves the right to select the candidate only based on marks obtained in the graduation/MBA (Mktg./Sales) and or conduct online test/Group discussions. Merely satisfying the eligibility norms does not entitle a candidate to be called for an Interview/Group Discussion or Online Test.

In the event of two or more candidates having obtained the same score in selection process, merit order shall be decided as per the date of birth of the candidates.

IPPB reserves the right to call only the requisite number of candidates for the Assessment/Interview/ Group Discussion or Online Test after preliminary screening/ short listing concerning the candidate's qualifications, experience, profile vis-a-vis job requirements, etc.

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.

Salary and allowance

The Bank shall pay a lump sum amount of ₹30,000/- (rupees thirty thousand only) per month inclusive of statutory deductions.

Tax deductions will be done as per Income Tax Act, considering the amendments from time to time.

Annual increment of lump-sum pay and incentives based on performance in business acquisition/sales activities as decided by the Competent Authority from time to time.

Further, it is clarified that no other pay/allowances/bonus etc. shall be paid except those mentioned above.

IPPB Recruitment 2024 Notification PDF Download

Click here to download the official notification for the recruitment of 47 executives in IPPB on a contract basis.

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