Central Bank of India Apprentices Recruitment 2023

Tentative Vacancies

5000

Opening Date for On-line Registration

20-03-2023

Closing Date for On-line Registration

03-04-2023

DATE OF ONLINE EXAMINATION ( TENTATIVE)

April 2nd week

Cut-off date for eligibility criteria is 31.03.2023

Age

Minimum 20 years and Maximum 28 years as on cut-off date. However, relaxation in upper age limit for categories like SC/ST/OBC/PWBD etc. as per Govt. of India guidelines is applicable. (mentioned in Point 3.(a )

Qualification

Graduate degree in any discipline from a recognized University or any equivalent qualifications recognized as such by the Central Government.

Physical/Medical Fitness

Engagement of Apprentices will be subject to his/her being declared medically fit as per the requirement of the Bank.

Registration

Candidate need to register himself/herself on the apprenticeship portal – www.apprenticeshipindia.gov.in , before applying for apprenticeship in the Bank. Candidate with 100% completed profile on the apprenticeship portal only is eligible to apply to the Bank for Apprenticeship.

No. of Vacancies

5000 ( Five Thousand Only ) [Tentative]

Training Hours

The apprentice shall be imparted On Job Training as applicable to the clerical staff.

Other Conditions

Candidates may give preference for three      districts while applying. However allotment will be based on need of Bank & subject to availability of vacancies.

Candidate by default will get first preference in the merit list prepared for the district of which they are resident as on date of application. Candidates will have option to choose two more neighboring districts apart from their resident district for their engagement as apprentices.

The Candidate should not have undergone Apprenticeship either with Central Bank of India or in any other organization earlier or pursuing the Apprenticeship Training as per the Apprentices Act 1961 as amended from time to time or terminated in between the course of Apprenticeship training due to the fault of
candidate himself.

Candidates who have already undergone apprenticeship training or have job             experience after completion of educational qualifications shall not be eligible for  being  engaged as apprentice.

It shall neither be obligatory on the part of the Bank to offer any employment to any apprentice who has completed the period of his apprenticeship training nor shall it be obligatory on the part of the apprentice to accept an employment.

The apprentice shall have no right to claim employment in Bank after completion of the training.

Bank does not have any obligation to offer regular employment to apprentice during or after completion of apprenticeship
period

Selection Process

Selection for engagement of candidates who apply for apprenticeship in the Bank after paying requisite online fee shall have to undergo the selection process, which would comprise the following :

1. Online Written Test (objective type)

The online written examination will consists of five parts i.e. 1. Quantitative, General English, & Reasoning Aptitude and Computer Knowledge 2. Basic Retail Liability Products 3. Basic Retail Asset Products 4. Basic Investment Products 5. Basic Insurance Products

The duration of exam will be published along with the call letters.

Candidates up to 4 times of vacancies will be called for the interview for checking their suitability for the post. It will be at the discretion of the bank to conduct the interview or dispense with it.

Merit List will be drawn district wise and category wise.

Candidates qualified in the test will be placed according to their aggregate marks in descending order in respective districts and Categories.

In case more than one candidate scores same marks in the Merit List, such candidate will be ranked in the merit list according to their age in descending order.

Local Language Proof

The candidate should be proficient in local language

Candidate will be require to produce certificate of VIII/X/XII or Graduate level having studied local language as one of his/her subject.

Bank reserve the right to conduct any other test or follow any other selection criteria at its discretion.

Reservation

Reservation guidelines as laid down by Government of India from time to time for SC/ST/OBC/EWS/PWBD etc. shall be followed.

Wait List

A wait list (District wise-category wise) will be maintained for one year from the date of result of engagement of apprentices or next engagement exercise, whichever is earlier. List of candidates will be released only once from the waitlist against non-reporting subject to availability of qualified candidates.

Contract              of Apprenticeship

Candidates found suitable for engagement on the basis of merit list shall be offered engagement digitally by the Bank through the apprenticeship portal.

Candidates receiving the offer of apprenticeship online from

the Bank need to accept it on the portal within a stipulated time/date.

The apprenticeship training shall be deemed to have commenced from the training start date mentioned on the contract of apprenticeship.

Period of Engagement

Period of Engagement shall be 1 year

Termination of Apprenticeship Contract

The Contract of Apprenticeship shall be terminated, if the apprentice does not report at the Bank’s Training venue / Bank Branch on the date of commencement of On the Job training.

The Contract of Apprenticeship shall automatically get terminated on expiry of the period of Apprenticeship Training and no separate notice of termination of contract will be issued by Bank.

Bank or the Apprentice can make an application to the Apprenticeship Advisor   for the termination of contract before the completion of Apprenticeship period stating clearly the reason for termination. When such application is made, the copy of the same shall be sent by post to the other party.

Apprenticeship Advisor may, by order in writing, terminate the contract, if he is satisfied that the apprentice or the Bank has failed to carry out the terms and conditions of the contract.

Stipend

Branches Stipend                         

Rural branches : Rs 10000                                         

Diem Allowances: Rs. 225

Urban branches: Rs 12000   

Diem Allowances: Rs. 250                                         

Metro branches: Rs 15000  

Diem Allowances: Rs. 350

Diem Allowance will be paid in case the apprentice is made to travel for the official purpose as per the table given above.

For the above purpose, the apprentice shall be entitled to travel by Sleeper class by train while travelling on duty. For this purpose actual cost of fare incurred for the shortest route will be reimbursed. For travel by road actual cost incurred on Public Transport will be reimbursed

The apprentices are not eligible for any other allowances/ benefits

Training Condition/ Overtime/Leave/ Holidays

Apprentice shall be entitled to such holidays as are observed in the Bank.

·Apprentice shall  be entitled to One casual Leave on completion of one month of Apprenticeship. No other type of leave is applicable for the Apprentices.

Apprentice can avail only 4 casual leaves at a time. Leave

accumulated, if any will automatically get exhausted on termination/completion of contract.

The daily hours of training will be as applicable to the clerical staff of the Bank.

No apprentice shall be allowed for overtime.

If personal injury is caused to an apprentice, by accident arising out of and in the course of his training as an apprentice, the Bank will be liable to pay compensation which shall be determined and paid, so far as may be, in accordance with the provisions of the Workmen’s Compensation Act,1923, subject  to the modifications specified in the schedule to the Apprentices Act, 1961.

Conduct and Discipline

As per Section 17 of Apprentices Act, 1961 amended from time to time, in all matter of Conduct and Discipline, the apprentice shall be governed by the ‘Rules and procedure for disciplinary action against Workmen’ of Central Bank of India.

Assessment and Certification

After completion of apprenticeship training, apprentices will need to    go through an assessment test covering both theoretical part as well as On-the-job training component. Theory assessment will be conducted by BFSI Sector Skill Council of India (BFSI SSC) and the Practical assessment will be conducted by the Bank. Subsequently, on the basis of marks scored by the apprentices, an Apprenticeship Certificate jointly by Central Bank of India - BFSI SSC will be awarded to the apprentices.

Weightage for Employment in Bank

As per Recruitment policy of the Bank as amended from time to time.

Other Terms and Conditions

Any resultant dispute arising out of this advertisement for engagement of apprentices will be subject to the jurisdiction of courts in Mumbai.

Every apprentice undergoing apprenticeship training in our Bank shall be a trainee and not a worker and as such the provisions of any law with respect to labor shall not apply to or in relation to such apprentice.

If the Apprentice wants to leave the Apprenticeship training in between the Contract period, he/she is to be allowed to leave only at the end of that particular quarter.

In case the Apprentice dropout/absconds during a quarter, he/she will be liable to refund the stipend paid by the Bank during that quarter.

Any disagreement or dispute between the Bank and the Apprentice arising out of contract shall be referred to the Apprenticeship Advisor.

All other terms and conditions of  Apprenticeship not expressly mentioned in the policy document shall be as prescribed under  the    Apprentices Act 1961 and Apprenticeship Rules 1992 as amended from time to time.

Sr. No.

Category

Age Relaxation

1

Scheduled Caste/Scheduled Tribe

By 5 years

2

Other Backward Classes (Non- Creamy Layer)

By 3 years

3

PWBD

By 10 Years

4

Persons affected by 1984 riots

By 5 Years

5

Widows, divorced women and women legally separated from their husbands who have not remarried

Upto the age of 35 years (upto 40 years for members of SC/ ST)