Recruitment of Various Posts in India post Payment Bank (IPPB)
India Post Payments Bank Limited (IPPB) comes under the Department of Post, Ministry of Communications and Technology with 100% equity owned by Government of India .India Post have presence in all over India aimed to utilize all of India's 1,59,000 post offices as access points and 3~Lakh Postmen and Gramin Dak Sewaks (GDS) to provide doorstep banking services. IPPB is leading the next revolution of banking and financial literacy and this new model will pave the way for India's largest banking network to reach each and every corner of the nation.
Name of the Posts:
Executive (Associate Consultant -IT)
Executive (Consultant - IT)
Executive (Senior Consultant-IT)
Important Dates for IPPB Recruitment
Starting Date for for On-line Registration of Applications will start from 13th of July 2023 Time- 10.00 AM
The date for On-line Submission of Applications will end on 3rd July 2023 - Time 11.59 PM
Eligibility Criteria:
Executive (Associate Consultant -IT)
Age: 24 to 40 years
Experience: 01 year of experience
No of Vacancy : 30 posts
Minimum Educational Qualification:
B.E./B.Tech. in Computer Science /Information Technology OR Master of Computer Application (MCA) (03Years)
Vacancy Type : Contractual
Period of Contract:
The period of contract shall be for 3 years and may be extended for a further period of 2 years on the basis of Individual Performance.
Executive (Consultant - IT)
Age: 30 to 40 Years
Experience: 04 years of experience
No of Vacancy : 10 posts
Minimum Educational Qualification:
B.E./B.Tech. in Computer Science /Information Technology OR Master of Computer Application (MCA) (03Years)
Vacancy Type : Contractual
Period of Contract:
The period of contract shall be for 3 years and may be extended for a further period of 2 years on the basis of Individual Performance.
Executive (Senior Consultant-IT)
Age: 35 to 45 Years
Experience: 06 years of experience
No of Vacancy : 03 posts
Minimum Educational Qualification:
B.E./B.Tech. in Computer Science /Information Technology OR Master of Computer Application (MCA) (03Years)
Vacancy Type : Contractual
Period of Contract: The period of contract shall be for 3 years and may be extended for a further period of 2 years on the basis of Individual Performance.
Selection Process for all the posts:
a) Selection will be made on the basis of Interview. However, IPPB reserves the right to conduct assessment,
Group Discussion or Online Test in addition to interview. Merely satisfying the eligibility norms do not entitle
a candidate to be called for Interview/Group Discussion or Online Test.
b) IPPB reserves the right to call only the
requisite number of candidates for the Assessment/ Interview/ Group Discussion or Online Test after preliminary screening/
short listing with reference to candidates’ qualification, experience, profile vis-a-vis job requirements, etc.
c) Results of the candidates who have qualified for various stages of the recruitment process and the list of candidates
finally selected will be made available on the website. Final select list will be published on the website.
Pay and allowances:
1. Executive (Associate Consultant -IT) ₹10,00,000/-
2. Executive (Consultant - IT) ₹15,00,000/-
3. Executive (Senior Consultant-IT) ₹25,00,000/-
Incomplete application, in any respect shall be rejected and no further correspondence shall be entertained.
In addition, no other means/mode of submission of application shall be accepted under any circumstances.
b) No TA/DA will be paid to any candidate for appearing in the Written Exam/ Interview.
c) If any discrepancies are found between the data filled by the candidate online and the original testimonies, his candidature is liable to be rejected.
d) If any information provided by the candidate is found to be false or incorrect or not in conformity with the eligibility criteria, then his/ her
candidature is liable to be rejected at any stage of the recruitment process or after recruitment or joining.
Application Guidelines:
- A candidate can apply for more than one post by filling separate applications for each post.
- Candidates can apply online only from 13.06.2023 to 03.07.2023.
- No other mode of application (other than online) will be accepted.
The management reserves the right to fill or not to fill or partially fill any of the above positions without assigning any reasons whatsoever.
IPPB also reserves the right to cancel / restrict / modify / alter the recruitment process, if required.
Any modifications/ amendments /corrigendum in respect of the above advertisement shall be made available only on IPPB’s official website.
Hence prospective applicants are advised to visit IPPB’s website regularly for this purpose.
All correspondence/announcements with respect to above recruitment process shall be done through e-mail/notices on the company’s website.
Important information regarding recruitment will be available in IPPB website and as such, candidates are advised to visit the same frequently.
It is the responsibility of the candidate to download/print the Admit Card/ Interview Call Letters.
Company will not be responsible for any loss of email sent, due to invalid/ wrong Email ID provided by the candidate or due to any other reason.
Candidate’s E-mail Id and Mobile No. should be valid for at least one year.
For any queries please write to email id: careers@ippbonline.in.
Please go through the detailed instructions before filling application form.
.JPG "About India Post Payment Bank: Revolutionizing Financial Inclusion in India")
About India Post Payment Bank: Revolutionizing Financial Inclusion in India
Introduction:
India Post Payment Bank (IPPB) is a government-owned payments bank operating under the Department of Posts, Ministry of Communications, Government of India. Established in 2018, IPPB aims to provide accessible, affordable, and reliable banking services to the unbanked and underbanked populations across the country. Leveraging the extensive postal network of India Post, IPPB has emerged as a significant player in the financial inclusion landscape, empowering millions of people with convenient banking services.
Infrastructure and Accessibility:
One of the key strengths of IPPB is its vast reach. India Post, with its extensive network of post offices, offers IPPB a formidable infrastructure. With over 1.55 lakh post offices spread across urban and rural areas, IPPB has a strong physical presence, enabling it to reach the remotest corners of India.
Through the post office network, IPPB provides various banking services, including opening savings accounts, facilitating money transfers, bill payments, and conducting basic financial transactions. Customers can access IPPB services through post office counters, mobile banking applications, ATMs, or by visiting dedicated IPPB branches. This multi-channel approach ensures convenience and ease of access for customers, catering to the diverse needs and preferences of the Indian population.
Products and Services:
IPPB offers a range of banking products and services designed to cater to the needs of both urban and rural customers. Some of the key offerings include:
Savings Account: IPPB provides savings accounts with attractive interest rates, allowing customers to save and earn returns on their deposits. These accounts can be opened with minimal documentation and offer features such as a debit card, doorstep banking, and easy fund transfer options.
Money Transfer: IPPB enables secure and efficient money transfers through various channels, including mobile banking, ATMs, and post office counters. Customers can send and receive money within India, making it convenient for migrant workers, families, and small businesses.
Bill Payments and Recharges: Customers can pay utility bills, mobile recharges, and other essential services using IPPB's platform. This facility eliminates the need for physical visits to service providers and saves time and effort for customers.
Insurance and Pension Products: IPPB collaborates with leading insurance companies to offer affordable insurance products to customers. Additionally, it facilitates the disbursement of pensions and social security payments, ensuring timely access to financial support for the elderly and vulnerable sections of society.
Doorstep Banking: Recognizing the need for banking services at the customer's doorstep, IPPB offers convenient and reliable doorstep banking services. Customers can request services such as cash withdrawal, cash deposit, account balance inquiry, and more, without visiting a post office branch.
Financial Inclusion and Empowerment:
IPPB's primary objective is to promote financial inclusion by providing banking services to the unbanked and underbanked sections of society. By leveraging the vast postal network, IPPB has been able to extend its services to even the most remote areas of the country. This initiative has played a crucial role in bridging the digital divide and ensuring that marginalized communities have access to essential financial services.
IPPB's services have particularly empowered rural populations, enabling them to participate in the formal banking system. By offering affordable and accessible banking solutions, IPPB has facilitated economic transactions, improved savings habits, and encouraged entrepreneurship among rural communities. The increased financial inclusion has contributed to poverty reduction and economic development at the grassroots level.
Partnerships and Technological Integration:
IPPB has established collaborations with several financial institutions and organizations to expand its services and reach. These partnerships have allowed IPPB to leverage technology and innovation to provide seamless banking experiences to its customers.
The integration of technology has been a crucial aspect of IPPB's operations. With the introduction of mobile banking applications and the adoption of biometric authentication, customers can easily access their accounts, make transactions, and enjoy the benefits of digital banking. Furthermore, IPPB has embraced initiatives such as Aadhaar-enabled payments and the Unified Payments Interface (UPI), making transactions more secure and convenient.
India Post Payment Bank has emerged as a significant force in the Indian banking sector, redefining financial inclusion and accessibility. Leveraging the extensive postal network, IPPB has successfully reached the unbanked and underbanked sections of society, empowering them with affordable and reliable banking services. By offering a range of products and leveraging technology, IPPB has revolutionized the way banking is perceived and accessed in India. With its commitment to financial empowerment, IPPB continues to play a pivotal role in driving economic growth and creating a financially inclusive society.
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