Sakshi Education
About the Programme
It is an initiative by Punjab National Bank in association with Manipal Global Education to provide “POST GRADUATE DIPLOMA PROGRAM IN BANKING & FINANCE” in order to attract bright graduate students who have cleared the IBPS CWE for Probationary Officers/Management Trainees with minimum specified score to pursue a career in banking.
Our objective is to create a talent pool of young bankers by equipping the graduate students with necessary banking knowledge and skills by imparting required training to bloom as a competent banker and offer them an assured placement.
Eligibility Criteria (as on the date mentioned in notification)
Education Qualifications: Graduate in any discipline with 60% marks (For SC/ST/PWD 55% marks) OR equivalent qualification from the university / Institute recognized by the Government of India and working knowledge of MS Office.
Age: Minimum 20 years - Maximum 28 years.
Selection Process:
Candidates shall be provisionally selected through a selection process consisting of Group Discussion and Interview.
Selected candidates will be admitted to the programme with an assured placement to mainstream JMG scale-I after 12 months, subject to successful completion of the course.
Their absorption in the bank will be subject to successful passing of the course, One year Post Graduate Diploma in Banking and Finance course (PGDBF) to be conducted by Manipal Global Education Services, Bangalore (MaGE) on behalf of PNB.
Fee Structure:
The fees for this Course will be Rs. 3.15 lacs plus service taxes, as applicable to be paid by the student as per schedule given below:
Within 7 days of the commencement of 1st Trimester for a particular batch of PGD(B&F) course - Rs.1,05,000/-(Rupees One lac five thousand only) plus applicable taxes
Within 7 days of the commencement of 2nd Trimester for a particular batch of PGD(B&F) course - Rs.1,05,000/-(Rupees One lac five thousand only) plus applicable taxes
Within 7 days of the commencement of 3rd Trimester for a particular batch of PGD(B&F) course - Rs.1,05,000/-(Rupees One lac five thousand only) plus applicable taxes
Stipend
A stipend amount will be paid to the students during the entire duration of the one year course Rs. 2,500/- p.m. during the nine months Campus period, and Rs. 10,000/- p.m. during the internship period.
Loyalty Bonus:
Waivement of full interest (past & future) in the Loan Account of the Candidate on promotion from MMG Scale-II.
Reimbursement of loan principal amount to the candidate on promotion to MMG Scale-III.
Service Bond:
All selected candidates, will have to execute an indemnity bond with surety for 03 years at the time of joining the course. In case of his/her leaving the course/bank before the stipulated period, he/she will have to pay back to the Bank the full amount of stipend received by him/her during the programme, a notional amount of Rs.1 lac towards the cost of On-the-job training and also liquidate the entire Education Loan outstanding at that point of time at the prevailing card rate from the date of availment of loan. In case of Officer’s leaving the Bank’s service after completing 02 years of service in the Bank(after absorption in the bank), he will have to clear his/her outstanding Education Loan at prevailing Card Rate.
Medical Fitness:
Selected applicants will have to undergo a Pre Joining Medical examination to certify their fitness for the Bank’s job before their entry into the course itself. Upon being found medically fit, the applicants will be granted admission into the course.
Final Placement at Punjab National Bank:
All selected candidates, after successful passing of the course will be awarded the “POST-GRADUATE DIPLOMA IN BANKING AND FINANCE” from Manipal Global Education Services at a convocation ceremony where they shall also be handed over the final appointment letters from the Bank. Accordingly, they will be finally absorbed in the Bank as Management Trainee in JMG Scale-I.
Emoluments on final placement:-
On placement in Punjab National Bank, candidates will draw a salary as applicable to Junior Management Grade Scale-I which is presently in the scale of Rs.14500-600x7/18700-700x2/20100-800x7/25700. They will also be eligible for DA, HRA & CCA, as per rules in force from time to time. At present, the initial yearly emoluments (salary component only) of Junior Management Grade/Scale I Officer, including DA, HRA, CCA are approximately Rs. 3/- lakhs in a Metropolitan Centre. Apart from the salary component, officers will also be eligible for all other perquisites, facilities, rent reimbursements, other reimbursements etc. as applicable to a JMG Scale-I officer.
Curriculam:
12-month post-graduate diploma in banking & finance, with 9-month on-campus training & 3-month internship in the Bank to be provided primarily at Bank’s branches.
First 6-months training to focus on banking industry, routine, behavioral soft skills, IT skills and basic introduction to Credit, Forex, Risk Management, Treasury, Marketing etc. shall be imparted.
Next 3-months candidates shall be provided targeted exposure towards various specializations, e.g. credit, foreign exchange, treasury and marketing etc.
The candidates will be required to undergo various e-learning modules and banking simulations as pre-learning requirements for many of the modules of the program.
For Details go through.. https://www.pnbindia.in/En/ui/Recruitment.aspx
https://www.pnbindia.in/Upload/En/FAQMT.pdf
It is an initiative by Punjab National Bank in association with Manipal Global Education to provide “POST GRADUATE DIPLOMA PROGRAM IN BANKING & FINANCE” in order to attract bright graduate students who have cleared the IBPS CWE for Probationary Officers/Management Trainees with minimum specified score to pursue a career in banking.
Our objective is to create a talent pool of young bankers by equipping the graduate students with necessary banking knowledge and skills by imparting required training to bloom as a competent banker and offer them an assured placement.
Eligibility Criteria (as on the date mentioned in notification)
Education Qualifications: Graduate in any discipline with 60% marks (For SC/ST/PWD 55% marks) OR equivalent qualification from the university / Institute recognized by the Government of India and working knowledge of MS Office.
Age: Minimum 20 years - Maximum 28 years.
Selection Process:
Candidates shall be provisionally selected through a selection process consisting of Group Discussion and Interview.
Selected candidates will be admitted to the programme with an assured placement to mainstream JMG scale-I after 12 months, subject to successful completion of the course.
Their absorption in the bank will be subject to successful passing of the course, One year Post Graduate Diploma in Banking and Finance course (PGDBF) to be conducted by Manipal Global Education Services, Bangalore (MaGE) on behalf of PNB.
Fee Structure:
The fees for this Course will be Rs. 3.15 lacs plus service taxes, as applicable to be paid by the student as per schedule given below:
Within 7 days of the commencement of 1st Trimester for a particular batch of PGD(B&F) course - Rs.1,05,000/-(Rupees One lac five thousand only) plus applicable taxes
Within 7 days of the commencement of 2nd Trimester for a particular batch of PGD(B&F) course - Rs.1,05,000/-(Rupees One lac five thousand only) plus applicable taxes
Within 7 days of the commencement of 3rd Trimester for a particular batch of PGD(B&F) course - Rs.1,05,000/-(Rupees One lac five thousand only) plus applicable taxes
Stipend
A stipend amount will be paid to the students during the entire duration of the one year course Rs. 2,500/- p.m. during the nine months Campus period, and Rs. 10,000/- p.m. during the internship period.
Loyalty Bonus:
Waivement of full interest (past & future) in the Loan Account of the Candidate on promotion from MMG Scale-II.
Reimbursement of loan principal amount to the candidate on promotion to MMG Scale-III.
Service Bond:
All selected candidates, will have to execute an indemnity bond with surety for 03 years at the time of joining the course. In case of his/her leaving the course/bank before the stipulated period, he/she will have to pay back to the Bank the full amount of stipend received by him/her during the programme, a notional amount of Rs.1 lac towards the cost of On-the-job training and also liquidate the entire Education Loan outstanding at that point of time at the prevailing card rate from the date of availment of loan. In case of Officer’s leaving the Bank’s service after completing 02 years of service in the Bank(after absorption in the bank), he will have to clear his/her outstanding Education Loan at prevailing Card Rate.
Medical Fitness:
Selected applicants will have to undergo a Pre Joining Medical examination to certify their fitness for the Bank’s job before their entry into the course itself. Upon being found medically fit, the applicants will be granted admission into the course.
Final Placement at Punjab National Bank:
All selected candidates, after successful passing of the course will be awarded the “POST-GRADUATE DIPLOMA IN BANKING AND FINANCE” from Manipal Global Education Services at a convocation ceremony where they shall also be handed over the final appointment letters from the Bank. Accordingly, they will be finally absorbed in the Bank as Management Trainee in JMG Scale-I.
Emoluments on final placement:-
On placement in Punjab National Bank, candidates will draw a salary as applicable to Junior Management Grade Scale-I which is presently in the scale of Rs.14500-600x7/18700-700x2/20100-800x7/25700. They will also be eligible for DA, HRA & CCA, as per rules in force from time to time. At present, the initial yearly emoluments (salary component only) of Junior Management Grade/Scale I Officer, including DA, HRA, CCA are approximately Rs. 3/- lakhs in a Metropolitan Centre. Apart from the salary component, officers will also be eligible for all other perquisites, facilities, rent reimbursements, other reimbursements etc. as applicable to a JMG Scale-I officer.
Curriculam:
12-month post-graduate diploma in banking & finance, with 9-month on-campus training & 3-month internship in the Bank to be provided primarily at Bank’s branches.
First 6-months training to focus on banking industry, routine, behavioral soft skills, IT skills and basic introduction to Credit, Forex, Risk Management, Treasury, Marketing etc. shall be imparted.
Next 3-months candidates shall be provided targeted exposure towards various specializations, e.g. credit, foreign exchange, treasury and marketing etc.
The candidates will be required to undergo various e-learning modules and banking simulations as pre-learning requirements for many of the modules of the program.
For Details go through.. https://www.pnbindia.in/En/ui/Recruitment.aspx
https://www.pnbindia.in/Upload/En/FAQMT.pdf
Published date : 02 Nov 2015 11:41AM
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