500 PO Job Vacancies in Syndicate Bank

3 min


Bank PO Jobs 2018-19 – Government Bank Syndicate Bank has published the notification for job recruitment of 500 Probationary Officers (PO) with banks. The recruitment will be done through their in-house process i.e. Post Graduate Diploma in Banking & Finance (PGDBF). The selected students through this process will be inducted to Manipal Global Education Services Pvt Ltd, Bangalore (MaGE) and Nitte Education International Pvt Ltd.(NEIPL), Greater Noida/ Mangaluru through this current selection exercise for 2018-19.The intake of students in each batch will be decided by the Bank, as per requirement.

Syndicate Bank has not given any vacancies for PO and Clerk through IBPS Exam.

Program Fees for PGDBF

The fees for Syndicate Bank PGDBF Course is Rs. 3.50 lakhs. This fees is inclusive of all expenses of boarding, Lodging and course fees, other fees, etc. plus taxes. This fees to be paid by candidates once they get the allotment after passing the exam successfully.

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 fee for NISM (Mutual Funds) and NISM (Depository services) certification exams comes to Rs. 3000/- per candidate.

Syndicate Bank Loan on PGDBF Courses

Syndicate Bank is granting loan to candidates amounting 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 from the month of joining the Bank.

There would be no recovery of EMIs or interest during the course period of One year and the interest accrued during this course period of one year 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 on the monthly earnings of the Probationary Officer.

Read : Upcoming Jobs Notification

Stipend/Incentive During Study Period

Syndicate Bank will pay the stipend during nine months class room training. Students shall be paid a sum of Rs 3000/- pm as stipend and during the next three months of internship a stipend of Rs 15000/- pm shall be paid.

Refund of Education loan availed 

Syndicate bank has kept the provision of refunding the course fees and loan thereon if any through loyalty bonus. ?. 500000/- shall be paid to the Officers at the rate of ? 100000/- for
every completed year of service after 5 years of continuous and satisfactory service in the Bank from the date of joining the service (i.e. ?. 100000/- each on completion of 6th, 7th, 8th,
9th & 10th year of continuous and satisfactory service), subject to regularity of education loan if availed.

Vacancies Details :

General : 252     |  OBC :   135        |  SC :    75         | ST :     38   |  Total : 500

Qualification (As on 01.10.2017) – Degree (Graduation) with minimum 60% (55% for SC/ST/PWD) marks in any discipline from a recognized University OR any equivalent qualification recognized as such by Central Government. All the educational qualifications mentioned should be from a University/ Institution/Board recognised by Govt. Of India/ approved by Govt. Regulatory Bodies and the final result should have been declared on or before 30.09.2017. Proper document from Board / University for having declared the result on or before 30.09.2017 has to be submitted at the time of interview.

Age : As on 01-10-2017

Minimum Age:  20

Maximum Age: 28

And age Relaxation can be applicable to candidates for PGDBF as per rule

How To Apply :

  1. Visit Syndicate Bank website career section at  https://www.syndicatebank.in/english/Career.aspx
  2. Check PGDBF PROGRAMME 2018-2019
  3. Click on Apply Online
  4. Fill the details
  5. Make a payment through online mode/debit/credit card/Internet banking/ATM etc
  6. Submit the application
  7. Download the submitted application for future

Exam Fees

All candidates should pay a non-refundable amount of Rs. 600 and for SC/ST candidates should pay 100 Rupees towards exam fee for PGDBF.

Syllabus of Exam

Exam Type Subject No of Questions Marks Time
Online ObjectiveTest Reasoning 50 50 Composite of 2 Hours
Quantitative Aptitude 50 50
English 50 50
General Awareness 50 50
Descriptive(Online) English Language 2 50 30 Minutes

Note : Sectional and overall cutoff is there inclusive the descriptive paper of qualifying nature

Personal Interview and Group Discussion : The final merit list for selection will be on the basis of performance in Online Test and Interview and/or Group Discussion as decided by the Bank.

IMPORTANT DATES

Details Date
Starting of Applications 02nd –January-2018
Last date to  pay fee 17th –January-2018
Date of Exam 18th –February-2018
Download Admit cards After 5th –January-2018

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