SIB PO

HomeBANK SIB PO
28/05/2020 by MXSII TECH BANK

Course Overview:-

MXSII (SIB PO) is listed as one of the highly reckoned and top-notch Competition Institute in Yamuna Nagar having a group of people who are expertise in the field of the Competition Exam. Here at MXSII, backed by the team of experts, we, offering the best Competition Exam Coaching classes in Yamuna Nagar. Being the most reputed center offering  Competition Exam course in Yamuna Nagar, we aim to create a learning, interactive and fun environment as we believe if learners will enjoy their classes, only then they are more motivated to get progress in their studies.

South Indian Bank has released the notification for the post of Probationary Officers (PO) which is a one year Post Graduate Diploma in Banking and Finance course in Manipal Global Education Services Pvt. Ltd. (MaGE), Bangalore. South Indian Bank which is one of India’s premier commercial Banks, has invited the applications from vibrant candidates who fulfill the prescribed eligibility criteria.

SELECTION PROCEDURE – South Indian Bank PO 

The Selection Procedure for the South Indian Bank PO Recruitment 2021 – PGDBF Manipal shall be selected through the following phases of exams.

  • PHASE I     –  Online Test 
  • PHASE II   –  GROUP DISCUSSION / (or/and) Personal Interview

Admission to the One-year full-time postgraduate diploma course in Banking and Finance from Manipal Academy of Higher Education(MAHE) (Deemed to be University) to be conducted at Manipal Global Education Services Pvt. Ltd, Bangalore (MaGE) comes with the assured Banking career with South Indian Bank on successful completion of the course.

Exam Pattern – South Indian Bank PO Recruitment

The Exam Pattern of South Indian Bank PO 2021 Recruitment 2021 – PGDBF Manipal is different from that of the previous South Indian Bank PO – Direct Recruitment for the Branches through Online Exam and Personal Interview. The Number of Questions and Total Marks differs from that of the previous exams.

 

Sr. No. Name of Tests No. of Qs. Max. Marks  Version Time allotted for each test 
1 Reasoning & Computer Aptitude 35 35  Only English 35 minutes
2 General/ Economy/ Banking Awareness 35 35 15 minutes
3 English Language 35 35 35 minutes
4 Quantitative Ability & Data Interpretations 35 35 35 minutes
Total 140 140 120 minutes

 

Please note that :

  • Initial Shortlisting will be done based on the online test
  • Final Selection will be based on the consolidated marks obtained for online test, GD, and Personal Interview.
  • Bank reserves the right to make required modifications in the selection process considering the number of applications for the

EDUCATIONAL QUALIFICATION – South Indian Bank PO Recruitment 

  • Aspirants who wish to apply for the post of Probationary Officers should have completed X/ SSLC, XII/ HSC & Graduation with a minimum of 60 % marks under regular course.
  • Minimum Percentage: 60% Marks
  • Candidate should have passed X, XII, and Graduation under regular course (full-time course) from a recognized University/ Institute recognized by the Govt. of India. Educational qualification by mode of distance education will not be considered.
  • If Grade/ CGPA is awarded instead of marks, only candidates securing CGPA/ Grade equivalent to 60% or more may apply. An equivalent percentage should be mentioned at the time of application.
  • Those who have scored less than 60% marks will not be eligible for applying. Rounding off to the nearest integer is not allowed. (for e.g. 59.99 % cannot be rounded off to 60 % ).

AGE LIMIT – South Indian Bank PO Recruitment 2021

  • Age Limit :  < 25 Years 
  • Less than 25 years as on 31.12.2020.
  • Candidate should be born not earlier than 01.01.1993 and no later than 31.12.1998 (both days inclusive).
  • The upper age limit will be relaxed by 5 years in the case of SC/ST candidates.

Program AND COURSE FEE – South Indian Bank PO Recruitment 2021 

Selected candidates will undergo

8 – Months Residential Campus Programme @ Manipal Global Education Services Pvt.Ltd, Bangalore (MaGe)

4 – Months’ Internship @ Bank Branch.

On successful completion of the program, the candidates may be awarded Post Graduate Diploma in Banking & Finance by Manipal Academy of Higher Education (MAHE) and will be absorbed into the services of the Bank as Probationary Officer in Scale I cadre.

COURSE FEE: South Indian Bank PO Recruitment 

Course Fee: Rs. 3.50 Lakhs (includes Boarding, Lodging and Course Fees, Other Fees, etc.) + Taxes 

FINANCING/ LOAN OPTIONS:

  • All the candidates selected for the program will be eligible for availing educational loan facility provided by the Bank.
  • 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 One year course period 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.

SALARY, EMOLUMENTS & INCENTIVES – South Indian Bank PO Recruitment 

  • Salary Pay Scale: Rs. 23700– 980/7 – 30560- 1145/2 – 32850- 1310/7 – 42020 +DA + HRA & other allowances
  • The loyalty bonus of Rs.3,50,000/- shall be paid to the officers as annual installments from the end of the 5th year up to the end of the 10th year of continuous service in the Bank based on the satisfactory performance of the candidates and recommendation from the Performance Evaluation Committee.
  • The students will pay a sum of Rs 3,000/- p.m. during 8 months of classroom training and an amount of Rs 15,000/- p.m. during the internship period of 4 months.

Course Summary:-

Our new concept in teaching of Competition Classes is unique and flexible which ensure perfect retention of content involving purely psychological and scientific methods. It is entirely different from the traditional and stress full way of school/college type of learning.

  • MXSII is an ISO 9001: 2015 & MSME certified company and it is approved by the Ministry of Corporate Affairs.
  • Trainers give individual attention to learners regarding their doubts and queries.
  • Improved course content leads to smart learning and ultimately successful completion of the course.
  • It also grants short term courses to boost the learning of technology in a short duration.
  • Flexibility is provided for an opting for batch dates. Batch dates once selected may be changed prior to 7 days of starting the batch.
  • After being a part of MXSII Family, students will be provided 1 Year Membership Card through which the candidate can revise the same course with a large number of other benefits.
  • Grants academic learning environment due to positive and intellectual discussions with the experts and peer group.
  • We have specially trained faculty to help you through your tenure with MXSII.