RECRUITMENT OF ASSISTANT MANAGER

Last date of Receipt of Application: 15/10/2023

Cent Bank Home Finance Ltd (Subsidiary of Central Bank of India) a leading Housing
Finance Company having 24 Branches and 6 SPOKE locations spread across Pan India,
invites applications from eligible candidates for the post of Assistant Manager(s) for -
Sales, Credit & Recovery. The placements for the above post are Pan India.

Profile for Assistant Manager : To Head the Branch and manage all areas of branch
functioning such as sourcing of business, operations, collections/ recovery, internal
control and ensuring profitability of branch or to work at Corporate Office, Mumbai in
various department.

About Us

Cent Bank Home Finance Ltd is a leading Housing Finance Company and subsidiary of
Central Bank of India, jointly promoted by NHB, HUDCO & SUUTI, for providing long term
housing finance for construction /purchase of residential houses/flats, Top-up Loan,
Mortgage Loan, Loan Against Property and Loan for Purchase of Commercial Property and
has presence across location.

How to Apply

A candidate is required to fill the application form along with a Demand Draft (DD) worth
Rs.500/- for General category and Rs.200/- for SC/ST/OBC/EWS category in favour of
Cent Bank Home Finance Limited, payable at Mumbai and submit the application to
our Corporate Office at Cent Bank Home Finance Ltd, Central Bank of India
Building, MMO, 6th Floor, MG Road, Flora Fountain, Fort, Mumbai-400023 on
or before 15/10/2023, the application form is attached at the end of this advertisement.
• Please note that this application fee is non refundable.
• Candidate must write his/her name and designation applied for, on the reverse side
of DD or Online payment favouring to : Cent Bank Home Finance Ltd. Central
Bank of India, A/c No. 3171118472 IFSC Code CBIN0283312 payable at
Bhopal.
• Candidate are required to take printout of the Online payment receipt with
name of candidate and submit with application form.
• Candidate must paste his/her latest colour passport size photograph and sign
across it.
• Applications received after expiry of submission date will not be considered.
• Government of India reservation guidelines will be followed in filling
vacancies.

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The Candidates should have the following qualification and eligibility criteria:

Position / Designation Assistant Manager

Age Age minimum 25 years and maximum 40 years with
relaxation of five years for SC/ST candidates and three
years for OBC candidates in maximum age criteria as on
01/09/2023.
Location/ Placement Anywhere in India, however preference will be
considered in case of vacancy at the desired location.
Experience Minimum 4 years’ experience in any HFC
/NBFCs/Banks dealing in Mortgage loan out of which 2
years experience in Managerial cadre. [Management
Trainee/Internship period will not be considered
counted for experience].
Basic knowledge of computer application is necessary.
Candidates terminated by any previous employer are not
eligible to apply. Candidate having pending disciplinary
action against them at the time of applying for the
position or having been punished under disciplinary
proceedings in last 5 years will not be considered
eligible. All appointments are subject to satisfactory
reference/background verification.

Vacancy 9
Job Responsibilities Job Description & Core competencies (Sales):
Drive Logins for Housing loan, LAP through various
channels.
• Retain and expand the company's base of
customers for all loans so as to ensure repeat
business or referrals.
• Develop and maintain strong liaisons with the
clients.
• Tie up with builders/developers for APFs and to
penetrate new markets for business.
• Initiate activities for lead generation. In-depth
understanding & knowledge of In House Credit
policies, customer preferences and real estate
market.
• Ensure the files are processed from login stage to
disbursement and co-ordinate with internal
departments (Operations and Credit) for
completion by maintaining TAT.
• Co-ordinate for resolution on post sanction
documentation and ensuring nil Audit queries.
• Co-ordinate collections.
• Good team-worker.
• Aggressively drive the sales numbers and achieve
the business targets for loans and handle branch
independently.

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Job Description & Core competencies (Credit) :
• Log in of file according to Non-discrepancy
checklist.
• To evaluate proposals of customers for Home
Loan / Mortgage loan etc.
• TAT monitoring and due diligence from
Sanctioning to Disbursement.
• Interpretation of Credit Bureau Report,
Assessment of Income, Analysis of Bank
Statements, Assessing eligibility.
• Sanctioning of Loan as per company policy.
• Candidate must have worthy knowledge of Cash
flow method of assessment of Ability to assess a
Self Employed Loan.
• Legal and Technical Initiation and management of
vendors according to organization policy.
• Coordination with Sales, Operation, RCU/DSAs
and Audit team.
• Verification of Income, Property and residence
according to Company policy. Responsible from
Log in to Sanction of loan.
• Maintain MIS, Delinquency MIS and other
operations related MIS of Branch and regularly
reporting the same.
• Comply with Sanction condition along with
perfection of security.
• Take ownership of client queries and use industry
knowledge and experience to overcome challenges
and solve problems Credit Appraisal of Loan
applications within defined guidelines and
accordingly take decision or recommend for
approval to higher authorities and handle a
branch independently.

Job Description & Core competencies (Collections):

• All works of Recovery/ Collection of Retail Loan
exposures.
• Strong flair on negotiated settlement in all
sectors.
• Adequate knowledge on RDB Act, SARFAESI Act
and other relevant laws etc. Experience in
Recovery/Collection and repossession of stressed
assets.
• Strong efficiency in timely filing of various
litigation against NPA borrowers as result
oriented and follow up of all types of pending
litigations in relation to stressed assets.
• Follow-up with customers for their overdue
/outstanding amounts.
• Flair to conduct market study in order to market
and sell various secured assets for collection of

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 money in Non- Performing Assets and capable to
build sufficient network with various stake
holders.
• Apart from Recovery / Collection, all other
functions /duties, etc applicable to the respective
position. Any other works/
functions/duties/responsibilities entrusted by the
Competent Authority etc.
Qualification Graduate in any discipline from recognized university.
Selection Procedure It may please be noted that company is not bound to
call all applicants for interview. Only shortlisted
candidates will be called for selection procedure.
Decision of the Company in this regard is final.
Shortlisted candidates will be called for interview.
Interview date will be conveyed to shortlisted candidates
through mail.
In case candidates are not found successful in reserved
category the vacancy will be filled by unreserved.
Remuneration Salary (CTC):-
Remuneration/CTC : Salary may be fixed based on the
following criteria.
Salary – Rs.7,00,000/- per annum
Additionally [Rs.50,000 p.a. over four years experience
subject to maximum 8,00,000 p.a.]
Annual increment applicable as per Company’s Policy.

Probation period 6 Months, if performance is not found satisfactory then

services are liable to be terminated by giving 30 days
notice.
1. Other Terms:
• Canvassing, in any form, will result in disqualification of candidature.
• In case of any modification in advertisement, same will be updated in website only.
• The above recruitment may be scrapped at any stage of recruitment process without
assigning any reason.
• Company may conduct background checks/CIBIL check at any stage of recruitment
process or after selection of the candidate. If any information declared in
application/documents found to be incorrect, candidate may rejected at any stage
of selection process or employment can be terminated if candidate is selected.
• Decision of the Company in this regard is final.
• Time for reporting will be given one month from the date of result declaration.
However, it may be extended not beyond three months in exceptional
circumstances.

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2. SUBMISSION OF THE APPLICATION:

Eligible candidates have to submit the application in the given format (Annexure –A). Last
date of submission of the application is 15/10/2023. No application shall be entertained
beyond the stipulated date. The application super scribing “Application for the post of
Assistant Manager” must reach to:

HR, Corporate Office, Cent Bank Home Finance Ltd, Central Bank of India Building,
MMO, 6th Floor, MG Road, Fort, Hutatama Chowk, Mumbai-400023.

3. APPLICATION FEE

• A non refundable application fee for Rs.500/- for General category and Rs.200/- for
SC/ST/OBC/EWS candidates payable by way of Demand Draft drawn on any
Nationalized /Scheduled Bank favouring “Cent Bank Home Finance Limited”
payable at Mumbai. The candidate must write his/her full name/post applied for on
the reverse of the Demand Draft or Online payment favouring to : Cent Bank
Home Finance Ltd. Central Bank of India, A/c No. 3171118472 IFSC Code
CBIN0283312 payable at Bhopal.

4. DOCUMENTS TO BE ATTACHED ALONGWITH APPLICATION:

The following documents self attested photocopy to be attached along with

application form.
i. Proof of Date of Birth [Birth Certificate issued by the Competent Municipal
Authority or SSLC/ Std. X Certificate with DOB]
ii. Photo Identity Proof.
iii. Individual Semester/Year wise Mark sheets & certificate for educational
qualifications including the final degree /diploma certificate, Proper Document from
Board/University for having declared the result on or before 01.09.2023 has to be
submitted.
iv. Caste Certificate issued by competent authority, strictly in the prescribed format as
stipulated by Government on India, in case of SC / ST/ OBC category candidates.
v. In case of candidates belonging to OBC category, certificate should specifically
contain a clause that the candidate does not belong to creamy layer section
excluded from the benefits of reservation for Other Backward Classes in Civil post &
services under Government of India. OBC caste certificate containing the Non-
creamy layer clause should be valid as on the date of interview if called for [issued
within one year as on date of advertisement]. Caste Name mentioned in
certificate should tally letter by letter with Central Government list/
notification.
vi. Candidates serving in Government / quasi govt. offices/ Public Sector
Undertakings [including Nationalized Banks and Financial Institutions] are required
to produce a “No Objection Certificate” from their employer at the time of interview,
in the absence of which their candidature will not be considered and travelling
expenses, if any, otherwise admissible, will not be paid.
vii. Relevant documents in support of the work experience declared, including
appointment letter, salary slip, relieving letter [whenever applicable], etc.
viii. Any other relevant documents in support of eligibility.

Note: Candidates will not be allowed to appear for the interview if he/ she fails to
produce the relevant eligibility documents as mentioned above.

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GENERAL INSTRUCTIONS

1. Before filling the application form, the candidates must ensure that they fulfill all the
eligibility criteria with respect to educational qualifications, work experience etc. In
case it is observed at any stage of recruitment that a candidate does not fulfill any of
the eligibility criteria, and /or that he/she has furnished any incorrect/false
information or has suppressed any material fact(s), his/ her candidature will be
automatically cancelled. If any of the above shortcoming is/are detected even after
appointment, his/her services are liable to be terminated without any notice.
2. Candidate must be a citizen of India.
3. The Management reserves the right to fill or not to fill the above advertised position
without assigning any reason thereof.
4. Mere submission of application against the advertisement and apparently fulfilling
the criterion as prescribed in the advertisement would not bestow on him/her right to
be called for the interview.
Candidates serving in Government/Public Sector Undertaking (including Banks)
should send their application through proper channel and produce a No Objection
Certificate from their present employer at the time of interview in the absence of
which their candidature may not be considered.
5. Any resulting dispute out of this advertisement shall be subject to the sole
jurisdiction of courts at Mumbai.
6. Appointment of selected candidates will be subject to his/her being declared
medically fit, satisfactory reports from his/her previous employer and referees.
Further, such appointment shall also be subject to Service and Conduct Rules of the
Company.

MANAGER - HR

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 Annexure-A

APPLICATION FOR THE POST OF ASSISTANT MANAGER

IN CENT BANK HOME FINANCE LIMITED

HR Department
Cent Bank Home Finance Limited
Corporate Office
Central Bank of India Building Paste Passport Size
Photograph
MMO, 6th Floor, MG Road,
Fort Flora Fountain, Please sign across the
Hutatama Chowk, Photograph

Mumbai-400023

With reference to your advertisement on Company’s website dated

___________, I submit my application in prescribed format.

Post applied for _______________________________________________________.

(TO BE FILLED IN CAPITAL LETTERS ONLY)

1. NAME : ___________________________________________________________________________

2. ADDRESS FOR CORRESPONDENCE : _____________________________________________

________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________

3. CATEGORY: GEN / SC / ST / OBC /EWS

4. DATE OF BIRTH (AS PER SCHOOL LEAVING CERTIFICATE)

AGE IN COMPLETED YEARS AS ON 01/09/2023: D D M M Y Y

_____YR. & ____MONTHS.

5. DETAILS OF NON-REFUNDABLE APPLICATION FEE :

DD NO./PAYMENT TRANSACTION ID/UTR NO.____________________________________________

AMOUNT RS. _________________ DATE ____________ BANK NAME____________________________

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6. CONTACT DETAILS :

MOBILE No._________________________________________

LANDLINE No._______________________________________

E-MAIL ID :_________________________________________

7. GENDER : MALE / FEMALE

8. NATIONALITY : _____________________________________________

9. RELIGION : __________________________________________________

10. MARTIAL STATUS : ________________________________________

11. FATHER’s/HUSBAND/’s NAME :

__________________________________________________________________

12. PERMANENT ADDRESS :

________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
13. EDUCATIONAL QUALIFIACATIONS :

QUALIFICATION BOARD/UNIVERSITY YEAR %AGE SUBJECT

OF OF
PASSING MARKS

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14. EXPERIENCE : Total Experience ______YY______MM

S. NAME OF DESIGNATION DURATION KEY ACHIEVEMENTS

NO. COMPANY (IN YEARS RESPONSIBILITIES
&
MONTHS)

15. DETAILS OF PRESENT EMPLOYMENT AND ASSIGNMENTS :

(a) ORGANISATION :
________________________________________________________________________
(b) FULL ADDRESS :
___________________________________________________________________________
____________________________________________________________________________
__________________________________________________________________________

DATE SINCE IN PRESENT EMPLOYMENT FROM _________TO_______________

(c) POSITION :
____________________________________________________________________________
________________________________________________________ _________________
(d) REPORTING TO :
____________________________________________________________________________
________________________________________________________ _________________
(e) ASSIGNMENT :
__________________________________________________________________ ________

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16. PRESENT RESPONSIBILITY :
__________________________________________________________________________________
____________________________________________________________ _____________

__________________________________________________________________________________
______________________________________________________________ ___________

________________________________________________________________________ _____
NAME AND ADDRESSES OF TWO REFERENCES :

1) _________________________________ 2) _________________________________

__________________________________

_______________________________________ ___________________________________

DECLARATION

I hereby declare that the particulars furnished above are true and correct to the best of knowledge
and belief and I understand that in the event of any information being found false or incorrect at
any stage or not satisfying the eligibility criteria according to the requirements of the relative
advertisement, my candidature/appointment for the said post is liable to be cancelled/terminated
at any stage and if appointed, my service are liable to be terminated. I am willing to serve anywhere
in India. I agree that Company has right to transfer me to any part of the country at its discretion.
I hereby agree that any legal proceedings in respect of any matter of claims or disputes arising out
of this application and/or out of said advertisement can be instituted by me only at Mumbai and
Courts/tribunals/Forums at Mumbai undertake to abide by all the terms and conditions mentioned
in the advertisement displayed on Company’s website dated 26/09/2023.

(SIGNATURE OF APPLICANT)

Place : _____________________________ Date : ______________________________

Enclosures :

1.

2.

3.

4.

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