CENTRAL BANK OF INDIA Recruitment of Director for RSETI

Central Bank of India, a leading Public Sector Bank, with Pan India Branch Network of more than 4900 branches with total business of more than 4,00,000 Crores, driven by talented work force of 37000 + employees, is looking for retired bank officers in Scale-III and above having experience in working in any Public Sector Banks / SBI (i.e. our bank / any other Public Sector Banks / SBI) and with relevant expertise for recruitment on contract as In charges for its RSETIs.

The details are given below:

1. AGE, QUALIFICATION & EXPERIENCE (As on 30/07/2016).

Sr. No
Name of thePost
Experience / Other eligibility
Less than 65 years with sound HealthEssential:
(i) Graduate / Post Graduate degree from a UGC recognized University.
Officers with rural development background i.e. Agriculture Finance
Officer / Rural Development Officer / Agriculture Officers converted to Mainstream of banking / Lead District Managers and Faculty
leaders / Faculty members of Training Centres /
Colleges with specialization in Rural Development etc.
shall be preferred.
(i) Candidate should have retired on VRS or on attaining superannuation with minimum 20 years of service of which at least 15 years in Officer Cadre.
(ii) He should have worked as
Branch Manager in any scale in a
rural branch for at least 3 years OR
as AFO (Agriculture Finance
Officer) in a Rural Branch for a
period of 3 years.
(iii) He should have unblemished
record and possess satisfactory
service certificate from the
previous employer.
(iv) Should be well conversant with
local language.
(v) Should have retired from Scale-III or above for RSETIs.
(vi) Should be resident of the same
State, preferably same or nearby

The candidate shall be appointed on Contract basis for a period of one year. Renewal may
be possible at Bank’s sole discretion in terms of extant policies and rules.Following conditions to be incorporated while issuing the Renewal of Contract letter to the member concerned.

(a) To submit Performance Appraisal to Regional Manager concerned one month in advance of expiry of contract

(b) Subject to Performance under other various parameters as per Bank’s Performance Appraisal, the renewal of contract which will be sole prerogative of Bank shall be considered keeping in view the grading of minimum “B” of RSETI Centre, as per parameter prescribed by Govt. of India.

3. CONTRACT AMOUNT AND OTHER TRAVELLING EXPENSES: The contract amount shall be paid an amount equivalent to last pay & allowances drawn less the initial amount of Pension fixed before commutation plus relief etc. payable thereon or Rs. 25,000/- p.m. whichever is lower Further a lump sum amount of Rs. 5000/- p.m. shall be paid towards Mobile, Conveyance etc. However, the condition of “Last Pay & Allowance drawn by the Officer less the initial amount of pension fixed before commutation plus relief etc.” will be applicable only to the pension co-optee retired bank official of a Nationalized Bank and in case of non-pensioner, the candidate will be eligible only for Rs. 25,000/- p.m. together with lump sum amount of Rs. 5000/- towards Mobile, Conveyance etc. Please note that no other benefits or charges shall accrue or be payable.

Reimbursement of TA/ DA for traveling as per requirement of the post shall be made as per
the scale / grade in which he was working at the time of his superannuation.

No other allowances/ reimbursement of expenses will be admissible.

4. LEAVE: The candidates shall be entitled for 15 days leave per year with maximum of 02 days per month.

These officers shall be working as “Director-RSETI” and have to oversee the overall functioning of RSETI.

The eligible candidates will be called for personal interview and the decision of the Bank in this regard shall be final.

Eligible candidates have to submit their applications in the given format (Annexure-A). Last
date for receipt of application is 30/07/2016. No applications shall be entertained beyond
the stipulated date. Incomplete applications will be rejected.

Address the application, super scribing “Application for the post of Recruitment as Director
of RSETI, Siwan on contract” to address:

Regional Manager,
Central Bank of India,
Regional Office,
Balua Tal, Post Box No-5, Motihari
District-East Champaran,
Bihar, Pin Code-845401

Further it is informed that one letter box will be kept at Regional Office Motihari premises to
drop the application.

There is no application fee prescribed.

(a) While applying for the post, the applicant should ensure that he/ she fulfills the eligibility and other norms mentioned above and that the particulars furnished are correct in all respects. In case it is detected at any stage of recruitment that a candidate does not fulfill the eligibility norms and/ or that he/ she has furnished any incorrect/ false information or has suppressed any material fact (s), his/ her
candidature will automatically stand cancelled. If any of the above shortcoming(s) is/ are detected even after appointment, his/ her contractual appointment is liable to be terminated without any notice.

(b) In case of suitable and deserving cases, any of the requirements and conditions of eligibility mentioned above, may be relaxed at the discretion of the Management. The Management reserves the right to fill or not to fill the above advertised position without assigning any reason thereof.

(c) Mere admission of application against the advertisement and apparently fulfilling the criteria as prescribed in the advertisement would not bestow on him/ her right to be called for interview.

For More Information Please visit the Official Notification