Syndicate Bank PGDBF 2016 - 600 Probationary Officer Recruitment

Syndicate Bank issued Syndicate Bank PGDBF 2016 Notification and invites Online Applications for admissions to the 1 year Post Graduate Diploma in Banking and Finance (PGDBF) course in Manipal Global Education Services Pvt Ltd. Bangalore (MaGE) and Nitte Education International Pvt Ltd. Greater Noida (NEIPL). On successful completion of the course, the candidate would be offered appointment in the bank as Probationary Officers (600) in Junior Management Grade/ Scale-I.

Syndicate Bank PGDBF Course 2016 - 2017 - Vacancies:
UR - 303, OBC - 162, SC - 90, ST - 45, Total - 600.

Educational Qualification (As on 01.10.2015):
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 Limit (As on 01.10.2015):
Minimum 20 years- Maximum 28 years i.e. a candidate must have been born not later than 01.10.1995 and not earlier than 02.10.1987 (both dates inclusive).
Relaxations in Upper Age Limit applicable as per norms.

Course Fees & Loan Facility:
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. Students can pay the course fees by availing an Education Loan which will be considered by Syndicate Bank as per Synd Vidya Scheme. The EMIs for the loan would start on completion of the course duration. The EMIs are spread over a period of 84 months (7 years) to ensure that there is minimal impact on the monthly earnings of the PO.

Stipend During the Course:
During nine months class room training the students shall be paid a sum of Rs 2500/- pm as stipend and during the last three months of internship a stipend of Rs 10000/- pm shall be paid.

How to Apply:
Candidates can apply online through Bank’s website > ‘Career’ > “PGDBF Programme 2016-17” > “Apply Online” from 16.12.2015 to 31.12.2015.

Candidates belonging to SC/ST/PWD have to pay Rs. 100.00, whereas General candidates & Others have to pay Rs. 600.00 towards Intimation Charges/ Application Fee by using only Master/ Visa Debit or Credit cards or Internet Banking.16.12.2015 to 31.12.2015.

Selection Process:
Candidates shall be selected by Syndicate Bank through a selection process consisting of an (open) online test conducted by IBPS followed by Interview and/ or Group discussion.
Examination Scheme - Duration of two hours (200M)
1 Reasoning- 50Q/ 50M
2 Quantitative Aptitude- 50Q/ 50M
3 English Language- 50Q/ 50M
4 General Awareness- 50Q/ 50M
Wrong answers in objective test will attract negative marks (1/4th of marks assigned to that question).

Important Dates:
Start date for Online Registration 16.12.2015
Online Payment of Application Fees 16.12.2015 to 31.12.2015
Last date for Online Registration 31.12.2015
Download of Call letter for Examination After 21.01.2016
Date of Online test(Tentative) 07.02.2016

Download detailed Notification for other details.