Central Bank of India Recruitment 2024 Notification: The Central Bank of India has issued a notification for the position of Business Correspondent Supervisors. There are two vacancies open for this role. Individuals holding qualifications such as B.E/B.Tech/MCA/M.Sc/MBA are eligible to apply.
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About Central Bank of India
Central Bank of India, a prominent public sector bank, boasts a nationwide branch network that has 4,500 branches and a total business that has over Rs 6,00,000 crores. With a dedicated workforce of over 31,000 employees, the bank invites applications for apprentice engagement under the Apprentices Act, of 1961, and as per the bank’s Apprenticeship policy. Established in 1911, the Central Bank of India holds the distinction of being the first Indian Commercial bank fully owned and managed by Indians.
Central Bank of India Recruitment 2024
The Vijayawada regional office of the Central Bank of India is seeking applications for the position of Business Correspondent (BC) Supervisors on a contractual basis, aimed at closely monitoring Business Correspondent Agents (BCA).The age criteria for this role range from 21 to 60 years. Selection will be through interviews, and the chosen candidates will receive a compensation package ranging from Rs. 12,000 to Rs. 15,000. Interested and eligible candidates are encouraged to submit their completed application forms in the prescribed format to the designated postal address by June 10, 2024. Prior to applying, candidates are advised to thoroughly review the job details provided below, including educational qualifications, age limits, age relaxations, application fees, selection procedures, and application processes. For further clarifications regarding Central Bank of India vacancies, please refer to the official website: Central Bank of India Official Website.
Central Bank of India Recruitment 2024 Overview
| Organization Name | Central Bank of India (CBI) |
| Posts Name | Business Correspondent Supervisors |
| Vacancies | 05 |
| Education qualification | B.E/B.Tech |
| Application Starting Date | Started |
| Application Ending Date | 10th June 2024 |
| Job Location | Jabalpur |
| Mode Of Application | Offline (By Post) |
Central Bank of India Recruitment 2024 Eligibility Criteria
For young candidates, the eligibility criteria for the Business Correspondent (BC) Supervisor position are as follows:
- Minimum qualification: Graduation with proficiency in Computer knowledge (including MS Office, email, Internet, etc.). However, candidates with qualifications such as M. Sc. (IT), BE (IT), MCA, or MBA will be given preference.
- Age requirement: Candidates should fall within the age group of 21 to 45 years at the appointment time.
- Maximum age limit for continuation: BC Supervisors can continue in their role until 60 years.
Candidates must meet certain geographical requirements for the Business Correspondent (BC) Supervisors role:
- Selection from the same district: Candidates should be selected from the same district where they will be assigned to work. If suitable candidates are not available within the same district, selection may be made from adjoining districts. Proficiency in the local language and dialect, both in reading and writing, is mandatory. Candidates from other states will not be considered under any circumstances.
- Willingness to travel: Applicants should be willing and able to visit villages in the district for supervision and other assigned activities periodically.
- Accommodation location: Selected candidates must have accommodation near the nodal branch and not outside the district for which the selection is being made.
Central Bank of India Recruitment 2024 Selection Process
The selection will be held through an interview process.
Central Bank of India Recruitment 2024 Period Of Contract
The contract will be initially for 12 months subject to a satisfactory annual performance review.
Central Bank of India Recruitment 2024 Salary
Remuneration: The monthly remuneration for BC Supervisors comprises both fixed and variable components. The variable component is determined based on the performance score achieved by each BC Agent, outlined in Annexure II. The variable commission is calculated according to the slab provided in Annexure II.
- Category A:Â BC Supervisors are assigned a minimum of 25 BC Agents, subject to increase at the discretion of the Bank.
- Category B:Â BC Supervisors are assigned a minimum of 20 BC Agents, subject to increase at the discretion of the Bank.
Remuneration is allocated based on the supervisor’s category, as determined by the Bank.
| Sr. No | Type of Supervisor | Fixed Component | Variable Component | Conveyance Allowances | Mobile/ Internet Charges |
| 1 | Category A | Rs. 15,000 | Rs. 10,000 | Rs. 4,000 | Rs. 500 |
| 2 | Category B | Rs. 12,000 | Rs. 8,000 | Rs. 3,000 | Rs. 500 |
Conveyance Allowance: BC Supervisors receive a fixed conveyance allowance of Rs. 4,000 per month for Category A and Rs. 3,000 per month for Category B.
Mobile Expenses: BC Supervisors are reimbursed Rs. 500 per month for mobile and internet charges.
Leave Policy: BC Supervisors are entitled to a maximum of 3 days leave per month and 30 days per year.
Provision of Leave and Maintenance of Records: The Bank administers and maintains records regarding leave entitlement and usage.
Central Bank of India Recruitment 2024 Application Fee
Nil. There is no application fee prescribed.
Central Bank of India Recruitment 2024 – Application Process
Eligible candidates are required to submit their applications in the prescribed format (Annexure – 3). The deadline for receiving applications is 10th June 2024. Applications received after this date will not be considered. It is essential to ensure that all applications are complete, as incomplete submissions will be rejected.
Address for Application Submission:
Regional Head,
Central Bank of India,
Gwarighat Road, Polipathar,
Infront of South Avenue Mall,
Jabalpur, PIN-482008 (M.P.).
Official Notification: Click Here
Official Notification For Application Format:Â Click Here
