Eligible candidates are requested to apply ON-LINE through Bank’s website www.canarabank.com. No other means / mode of Application will be accepted. [The links for applying On-Line have been provided at the end of this advertisement].
Unless the computer print-out of application is received by post, along with Demand Draft, Photo and other relevant documents, the on-line registration is not valid.
| Important Dates | |||
| Event | Probationary Officers [Post Code–2] & Specialist Officers [Post Codes-4,5,6,7 & 8] | Probationary Clerks [Post Code – 1] | Investment Officer [On Contract] [Post Code-3] |
| Web site link open for on-line registration | 31.12.2008 to 24.01.2009 | 31.12.2008 to 29.01.2009 | 31.12.2008 to 09.02.2009 |
| Last date for receipt of application [system generated] with DD & other documents | 31.01.2009 | 07.02.2009 | 16.02.2009 |
| Last date for receipt of application [system generated] with DD & other documents from Far-flung areas* | 09.02.2009 | 14.02.2009 | 23.02.2009 |
| Tentative Date of Written Test | 15.03.2009 | 29.03.2009 | -- |
Reservations [for Probationary Officer, Investment Officer on Contract & Specialist Officer posts]:
| S.No | Post / Scale [Post Codes] | No. of Posts Reserved | |||||
| SC | ST | OBC | UR | Total | PWD | ||
| 1 | Investment Officer [on Contract] [3] | 60 | 30 | 108 | 202 | 400 | 12 |
| 2 | JMGS – I [2 &4] | 46 | 25 | 83 | 156 | 310 | 17 |
| 3 | MMGS – II [5, 6 &7] | 10 | 8 | 11 | 6 | 35 | 2 |
| 4 | MMGS – III [8] | 3 | 3 | 9 | 10 | 25 | 1 |
|
| Total | 119 | 66 | 211 | 374 | 770 | 32 |
ELIGIBILITY CRITERIA & OTHER DETAILS: All the eligibility [qualification, experience, age etc] shall be computed as on 01.01.2009.
Post Code-1: Probationary Clerks
a) Qualification:
Pass in 10+2 with 60% [SC/ST/PWD candidates – 55%] OR a pass in Graduation.
Should have studied the local language of the State for which he/she is applying (as I/II/III language) either at SSLC/SSC or 10+2 or Graduation level.
b) Job Profile:
General Banking, House keeping etc and any other work assigned by the Bank from time to time.
Post Code-2: Probationary Officers [JMGS-I]:
a) Qualification:
Graduation with First Class-with 60% [SC/ST/PWD candidates – 55%].
b) Job Profile:
General Banking, House keeping etc and any other work assigned by the Bank from time to time.
Post Code-3: Investment Officers [on Contract]
a) Qualification:
A Graduate in any discipline, preferably with MBA, and having flair for marketing the Insurance, Mutual Fund and other products of the Bank.
Candidate should possess the following;
- Passion for Marketing
- Work independently and also with team
- Computer literacy
- Good communication skills
Preference will be given to those candidates who have prior experience in marketing / insurance business.
Since the job involves extensive travelling, candidates should have good physical fitness and ready to accept the challenges & meeting the targets.
b) Job Profile:
Marketing the Insurance, Mutual Fund and other products of the Bank. Responsible for end-to-end sales. Any other work assigned by the Bank from time to time.
c) Period of Contract:
Three [3] years with an option to extend for two years at the discretion of the Bank.
d) Compensation:
Fixed Pay:
Rs.15000/- per month subject to achievement of minimum threshold premium of Rs.1 lakh per month i.e., Rs.12 lakhs per annum.
| Basic | : | Rs.10,000/- |
| HRA | : | Rs.2,500/- [25% Basic] |
| Conveyance | : | Rs.1,500/- [15% Basic] |
| Medical Aid | : | Rs.1,000/- [10% Basic] |
Variable Pay:
Over and above the threshold limit, he/she will be entitled for variable pay and the variable pay is equivalent to 15% of the commission received by the Bank.
The contract appointees, who fail to achieve performance with a minimum target-premium of Rs.3.00 lakhs per quarter, consecutively for two quarters, beginning from the second quarter of their appointment shall cease to continue as contract appointees of the bank from the last day of the month from the end of the second quarter under review. However, if any candidate fails to achieve minimum threshold limit of Rs.3 lakhs in any quarter, Bank reserves right to break the contract.
For more details visit the website of Canara Bank http://www.canarabank.com/English/Scripts/Recruitment2009.aspx
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