Syndicate Bank offers PG diploma in Banking and Finance 2014-15
Post Graduate Diploma in Banking and Finance 2014-15
Manipal Global Education Services Pvt Ltd and Nitte Edcuation International Pvt Ltd
Banglore (MaGE) & Greater Noida (NEIPL)
Post Graduate Diploma in Banking and Finance 2014-15
Manipal Global Education Services Pvt Ltd and Nitte Edcuation International Pvt Ltd
Banglore (MaGE) & Greater Noida (NEIPL)
Syndicate Bank invites young and bright graduates who fulfill the eligibility criteria specified and who are interested in a Banking career with one of India’s best Banks to apply for admissions to the 1 year Post
Graduate Diploma in Banking and Finance course in Manipal Global Education Services Pvt Ltd, Banglore(MaGE) and Nitte Edcuation International Pvt Ltd,Greater Noida(NEIPL).
On successful completion of the course within the stipulated time period, the candidate would be offered
appointment in the bank as Probationary Officers in Junior Management Grade / Scale-I.
Candidates shall be selected through selection process consisting of online test followed by Group Discussion
and Personal Interview. Admission to the 1 year full-time post graduate diploma course in Banking and
Finance from Manipal University and NITTE University to be conducted at Manipal Global Education Services Pvt Ltd, Bangalore(MaGE) and Nitte Education International Pvt Ltd,Greater Noida(NEIPL) comes with the
assurance of a full-fledged Banking career with Syndicate Bank on successful completion of the course.
One batch of 200 students will be inducted in Manipal Global Education Services Pvt Ltd, Bangalore(MaGE) and one batch of 200 students will be inducted in Nitte Education International Pvt Ltd,Greater Noida(NEIPL) through this current selection exercise for 2014-15, total around 400 students.
The total number of Students intake and reserved Student intake for 1 batch are given here under and are
provisional which may vary depending upon future needs of the Bank & availability of candidates under the
respective category :-
Number of Student intake
Age (As on 01.10.2014)
Unreserved
OBC
SC
ST
Total
202
108
60
30
400
Minimum- 20 years
Maximum- 30 years
Note: 3% Seats are reserved for PWD (Persons with Disabilities) candidates, to be equally distributed between
OC, HI & VI. The reservation for PWD is on horizontal basis. The selected candidates will be placed in the
appropriate category (viz. SC/ST/OBC/Unreserved) to which they belong to.
Abbreviations stand for: - SC - Scheduled Castes, ST - Scheduled Tribes, OBC - Other Backward Class, PWD -
Persons with Disability, OC - Orthopedically Challenged, HI - Hearing Impaired, VI - Visually Impaired.
Qualification (As on 01.10.2014) –
Degree (Graduation) with minimum 60% (55% for SC/ST/PWD) marks in any discipline from a recognized University OR any equivalent qualification as such recognized by Central Government.
Age (As on 01.10.2014) Minimum 20 years - Maximum 30 years i.e. -
A candidate must have been born not later than 01.10.1994 and not earlier than 02.10.1984 (both dates inclusive)
Relaxation in Upper Age Limit
Sr. No
Category
Age Relaxation
A
Scheduled Caste/ Scheduled Tribe candidates
5 years
B
Other Backward Classes (Non-Creamy Layer) candidates
3 years
C
Ex-servicemen and Commissioned Officers including ECOs/ SSCOs who have rendered at least 5 years military service
and have been released on completion of assignment(including those whose assignment is due to be completed within the next one year from the last date for receipt of application) other than by way of dismissal or discharge on account of misconduct or inefficiency or on account of physical disability attributable to military service or on being declared as invalid
5 years for selection through written test & interview, subject to ceiling, as per Govt. Guidelines
D
All persons who have ordinarily been domiciled in Kashmir Division of J & K State during 01.01.1980 and 31.12.1989
5 years
E
Persons affected by 1984 riots
5 years
F
Persons with Disabilities (PWD)
PWD (SC-ST) – 15 years
PWD (OBC) – 13 years
PWD (Gen) – 10 years
Note : Government guidelines in respect of age relaxation admission to an ex-serviceman shall be applicable.
The relaxation in upper age limit is cumulative, as per the Government Guidelines.
All Persons eligible for age relaxation under Para B (D) above must produce the domicile certificate at the time of interview from the District Magistrate in the Kashmir Division within whose jurisdiction he/she had ordinarily resided or any other authority designated, in this regard by Government of J & K to the effect that the candidate had ordinarily been domiciled in the Kashmir Division of the State of J&K during 1st January 1980 and 31st December 1989.
All Persons eligible for age relaxation under Para B (E) above must produce a certificate from the District Magistrate to the effect that they are eligible for relief in terms of the Rehabilitation Package for 1984 Riot Affected Persons sanctioned by the Government and communicated vide Ministry of Finance, Dept. of Financial Services
communication No.F.No.9/21/2006-IR dated 27.07.2007.
Nationality/Citizenship -
A candidate must be either i) a Citizen of India or ii) a subject of Nepal or iii) a subject of Bhutan or iv) a Tibetan refugee who came over to India before 1st January 1962 with the intention of permanently settling in India or v) a person of Indian origin who has migrated from Pakistan, Burma, Sri Lanka, East African Countries of Kenya, Uganda, the United Republic of Tanzania (formerly Tanganyika and Zanzibar), Zambia, Malawi, Zaire, Ethiopia and Vietnam with the intention of permanently settling in India. Provided that a candidate belonging to categories (ii), (iii), (iv) & (v) above shall be a person in whose favour a certificate of eligibility has been issued by the Government of India. A candidate in whose case a certificate of eligibility is necessary may be admitted to the examination/ interview conducted by the Bank but on final selection, the offer of appointment may be given only after the Government of India has issued the necessary eligibility certificate to him.
Persons with Disabilities -
Only those OC persons who have locomotor disability or cerebral palsy with locomotor
impairment of minimum of 40% and only those who fall in the following categories are
eligible to apply under OC category :-
BL-Both legs affected but not arms
OA - One arm affected (R or L)
Impaired reach
Weakness of grip
Ataxia
OL-One leg affected (R or L)
MW - Muscular weakness and limited physical endurance
Only those Visually impaired persons who suffer from any one of the following conditions are
eligible to apply under VI category:-
Total absence of sight
Visual acuity not exceeding 6/60 or 20/200 (Snellen) in the better eye with
correcting lenses
Limitation of the field of vision subtending an angle or 20 degrees or worse.
Candidates having low vision means a person with impairment of visual functioning even after treatment or standard refractive correction but who uses or is potentially capable of using vision for the planning or execution of a task with appropriate assistive device.
The deaf are those persons in whom the sense of hearing is non-functional for ordinary
purposes of life i.e. total loss of hearing in both ears. They do not hear, understand sound at all even
with amplified speech. Hearing Impairment means loss of sixty decibels or more in the better ear in the
conversational range of frequencies.
At the time of examination, only blind/ low vision candidates and those candidates whose writing
speed is affected by cerebral palsy can use own scribe/ writer at his/ her own cost. In all such cases, where a
scribe/ writer is used, the following rules/ guidelines will apply :-
The candidate will have to arrange his/her own scribe at his/her own cost.
The scribe may be from any academic stream.
Both the candidate as well as scribe will have to give a suitable undertaking confirming that the scribe fulfils all the stipulated eligibility criteria for a scribe mentioned above. Further in case it later transpires that he/she did not fulfill any laid down eligibility criteria or suppressed material facts the candidature of the applicant will stand cancelled, irrespective of the result of the examination.
Those candidates who use a scribe and visually impaired candidates who opt to view the contents of the test in magnified font shall be eligible for compensatory time of 20 minutes for every hour of the examination.
The same scribe cannot be used by more than one candidate. If violation of the above is detected at any stage of the process, candidature of both the candidate and the scribe will be cancelled.
Candidates eligible for and who wish to use the services of a scribe in the online test should invariably carefully indicate the same in the online application form. Any subsequent request may not be favourably entertained
.Guidelines for candidates -
With locomotor disability and cerebral palsy
Compensatory time of twenty minutes per hour shall be permitted for the candidates with
locomotor disability and cerebral palsy where dominant (writing) extremity is affected to the
extent of slowing the performance of function (minimum of 40% impairment), although no
scribe shall be permitted to such candidates.
Visually Impaired candidates
Visually Impaired candidates (who suffer from not less than 40% of disability) may opt to view
the contents of the test in magnified font. This facility will not be available to Visually
Impaired candidates who use the services of a Scribe for the examination. Compensatory time
of twenty minutes per hour shall be permitted to visually impaired candidates.
It is clarified that Persons with Disabilities on absorption in the Bank after their successful completion of
the course will have to work in branches/ offices.
Sub-Divisional Officer of the area where the candidate and/or his family normally
resides
For Persons with Disability :-
Authorized Certifying Authority will be a Medical Board duly constituted by the Central/ State
Government having at least 3 members consisting of Chief Medical Officer, Sub-Divisional Medical
Officer in the District and an Orthopedic Surgeon, Ophthalmology Surgeon, ENT Surgeon, as the case
maybe.
Prescribed Formats of SC, ST, OBC, PWD certificates to be submitted at the time of interview etc. can
be downloaded from our website. Candidates belonging to these categories are required to produce
the certificates strictly in these formats only.
Candidates can apply only online from 05.11.2014 to 18.11.2014 and no other mode of application will be accepted.
IMPORTANT POINTS TO BE NOTED BEFORE REGISTRATION
Before applying online, candidates should:
Scan their photograph and signature ensuring that both the photograph and signature adhere to the required specifications as given in annexure I to this advertisement.
Have a valid personal email ID and mobile no., which should be kept active till the completion of this Recruitment Process. Bank may send call letters for the Examination etc. through the registered e- mail ID. In case a candidate does not have a valid personal e-mail ID, he/she should create his/her new e-mail ID and mobile no. before applying on-line and must maintain that email account and mobile number.
PAYMENT OF FEE ON LINE : 05.11.2014 to 18.11.2014 (both days inclusive)
Category
Amount (Rs.)
SC / ST / PWD
Rs. 50/- (Intimation Charges Only)
General & Others
Rs. 500/- (Application Fee + Intimation Charges)
Bank Transaction charges for Online Payment of application fees/intimation charges will have to be borne by the candidate
Application Procedure
Candidates to go to the Bank’s website www.syndicatebank.in and then click on the option “APPLY ONLINE” which will open a new screen.
To register application choose the tab “Click here for New Registration” and enter Name, Contact details and Email-id. A Provisional Registration Number and Password will be generated by the system and displayed on the screen. Candidate should note down the Provisional Registration Number and Password. An Email & SMS indicating the Provisional Registration number and Password will also be sent.
In case the candidate is unable to complete the application form in one go, he / she can save the data already entered by choosing “SAVE AND NEXT” tab. Prior to submission of the online application candidates are advised to use the “SAVE AND NEXT” facility to verify the details in the online application form and modify the same if required. Visually Impaired candidates should fill the application form carefully and verify/ get the details verified to ensure that the same are correct prior to final submission.
Candidates are advised to carefully fill and verify the details filled in the online application themselves as no change will be possible/ entertained after clicking the FINAL SUBMIT BUTTON.
The Name of the candidate or his /her Father/ Husband etc. should be spelt correctly in the application as it appears in the Certificates/ Mark sheets. Any change/alteration found may disqualify the candidature.
Validate your details and Save your application by clicking the ‘Validate your details’ and ‘Save & Next’ button.
Candidates can proceed to upload Photo & Signature as per the specifications given in the Guidelines for Scanning and Upload of Photograph and Signature - (annexure I).
Candidates can proceed to fill other details of the Application Form.
Click on the Preview Tab to preview and verify the entire application form before FINAL SUBMIT.
Modify details, if required, and click on ‘FINAL SUBMIT’ ONLY after verifying and ensuring that the photograph, signature uploaded and other details filled by you are correct.
Click on ‘Payment’ Tab and proceed for online payment..
PAYMENT OF FEES (ONLINE MODE ONLY)
The application form is integrated with the payment gateway and the payment process can be completed by following the instructions.
The payment can be made by using only Master/ Visa Debit or Credit cards or Internet Banking.
After submitting your payment information in the online application form, PLEASE WAIT FOR THE INTIMATION FROM THE SERVER. DO NOT PRESS BACK OR REFRESH BUTTON IN ORDER TO AVOID DOUBLE CHARGE
On successful completion of the transaction, an e-Receipt will be generated.
Non-generation of ‘’E-Receipt’ indicates PAYMENT FAILURE. On failure of payment, Candidates are advised to login again using their Provisional Registration Number and Password and repeat the process of payment.
Candidates are required to take a printout of the e-Receipt and online Application Form. Please note that if the same cannot be generated online transaction may not have been successful.
For Credit Card users: All charges are listed in Indian Rupee. If you use a non-Indian credit card, your bank will convert to your local currency based on prevailing exchange rates.
To ensure the security of your data, please close the browser window once your transaction is completed.
After completing the procedure of applying on-line including payment of fees, the candidate should take a printout of the system generated on-line application and should ensure the particulars filled in are accurate and retain it along with Registration Number and Password for future reference. They should not send this printout to the Bank.
Candidates shall be selected by Syndicate Bank through a selection process consisting of an (open) online test followed by Group Discussion AND Interview.
The selection process aims at getting applicants who are likely to succeed at various roles in the Bank. The endeavor is to select people who are bright, have good communication skills (both oral and written), are dedicated, can work effectively in teams, are passionate about their career goals and who display integrity and a positive attitude.
Type
Sr. No.
Name of the Test
No. of Qs.
Max. Marks
Time
Objective (Online)
1
Reasoning
50
50
Composite time of 2 Hours
2
Quantitative Aptitude
50
50
3
English Language
50
50
4
General Awareness
50
50
The candidates are required to qualify in the Objective Tests by securing passing marks, in each of the tests, to be decided by the Bank on the basis of the performance of all the competing candidates taken together in each test to a minimum required level for each category
Wrong answers in objective test will attract negative marks (1/4th of marks assigned to that question) for the online test. Along with the call letters, information handout and a sample test shall also be uploaded on the site which candidates can take to familiarize themselves with the nature of Test & Questions.
The aggregate marks of candidates qualifying in the Objective Test will be arranged in descending order in each category and the candidates in the order of merit, subject to 4 times the number of Intake in each category, will be called for Group Discussion and Interview. The qualifying marks in Group Discussion & Interview will be as decided by the Bank. The final merit list for selection will be on the basis of performance in Online Test, Group discussion (GD) and Interview.
Centres for online test:The list of centres for the online test is given below. The exact address of the venue will be advised in the call letters.
Objective type test will be conducted online in venues across centres in India.
Bank, however, reserves the right to cancel any of the Examination Centres and/or add some other Centres, depending upon the response, administrative feasibility, etc.
As far as possible candidates will be allotted to a centre of his/her choice however Bank also reserves the right to allot the candidate to any centre other than the one he/she has opted for.
Candidate will appear for the examination at an Examination Centre at his/her own risks and expenses and Bank will not be responsible for any injury or losses etc. of any nature.
No request for change of centre for Examination shall be entertained.
The date of the Online Examination is TENTATIVELY FIXED on 27.12.2014. However, the exact date and time of the examination will be intimated in the Call Letter along with the Centre/Venue for the Examination, well in advance of the date of the Examination.
The Candidates should note that all the instructions/ intimations will be provided on the Bank’s website. The candidates are requested to check the website for the same from time to time for important dates and notifications.
Decision of the Bank in respect of all matters pertaining to this admission process would be final & binding on all candidates.
The fees for this Course will be Rs. 3.50/- lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the student.
Apart from the above course fees, the exam fees for undergoing various Certification exams viz. NISM (Mutual Funds) and NISM (Depository services) as mandated under the course will have to be borne by the candidates, as per the fees charged by NISM from time to time for conducting these Certification exams. Currently, the fees for NISM (Mutual Funds) and NISM (Depository services) certification exams comes to Rs. 2500/- per candidate.
Students can finance the course fees by availing an Education Loan which will be granted by Syndicate Bank as per Synd Vidya Scheme. Students can therefore obtain a high quality specialized course in Banking and Finance without any monetary burden on them and fully financed by the Bank.
The EMIs for the loan would start on completion of the course duration (i.e. one year from admission). There would be no recovery of EMIs or interest during the training period and the interest accrued during this period would be recovered along with the normal EMIs. The EMIs are spread over a period of 84 months (7 years) to ensure that there is minimal impact in the monthly earnings of the PO.
During nine months class room training the students shall be paid a sum of Rs 2500/- pm as stipend and during the three month internship in the branch a stipend of Rs 10000/- pm shall be paid.
The successful candidates who join the bank as Probationary Officers shall be paid loyalty bonus Of Rs 100000/- per year for next five years after completion of five years of satisfactory service in bank subject to education loan being regular if availed.