t. The Recruitment of Specialist Officers are taking place for the posts of Deputy General Manager (DGM) – Grade ‘D’, Assistant General Manager (AGM) – Grade ‘C’ & Manager – Grade ‘B’

Pay Scale :”

Post Consolidated Remuneration/Payscale
Manager
(Grade B) Rs 19000-1000(17)-36000-1250(6)-43500 (24 years)

AGM
(Grade C) Rs 25700-1000(1)-26700-1100(12)-39900-1250(6)-
47400 (20 years)

DGM
(Grade D) Rs 33600-1100(9)-43500-1300(8)-53900 (18 years)


Appointment / Career Growth

Initial appointment for all posts will be on probation for a period of 1 year from the date of joining (which can be extended at the discretion of the Bank). Candidate will be posted at the Bank’s discretion, to any offices of the Bank or the departments/ offices/ business units / the Bank’s associate institutions.

The candidate will also be liable to be transferred to any place in/outside India, as the Bank may decide from time to time in terms of the Bank’s prevailing rules.

The position of Faculty in Grade D has been identified for Jawaharlal Nehru Institute of Banking and Finance (JNIBF), Hyderabad. However, the Bank reserves the right to post the candidate at any of its centers/ offices depending upon its requirement.

Officers in Grade D so recruited would be given an opportunity for career growth in the Bank by exercising an option to switchover in the existing grade to General Stream after completion of 5 years.