(A Government of India Undertaking)

Corporate Office, Speed Post Centre Building, Bhai Veer Singh Marg, New Delhi -110001
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RECRUITMENT OF 47 CIRCLE BASED EXECUTIVES ON CONTRACT BASIS

Advt. No.: IPPB/CO/HR/RECT./2023-24/06

India Post Payments Bank Limited (IPPB) has been setup under the Department of Post, Ministry of
Communications with 100% equity owned by Government of India having presence all over India which aims
to utilize all of India's 1,55,015 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.

In order to support our future growth and transformation challenges, we invite applications from qualified,
energetic and dynamic candidates who will be appointed Executive on contractual basis through online
application mode in different disciplines of Sales & Operations Department as per details given below.
Interested candidates who fulfil the eligibility criteria may apply online from 15.03.2024 to 05.04.2024 by
visiting our website www.ippbonline.com. No other mode of application will be accepted.

IMPORTANT DATES:
(i) Opening date for On-line Registration of Applications 15.03.2024: 10.00 AM
(ii) Last date of On-line Submission of Applications with Fee 05.04.2024: 11.59 PM

NOTE: Detailed instructions may be referred at the time of applying online application. Candidates in their
own interest are advised, not to wait till the last date & time for applying online. IPPB shall not be responsible,
if candidates are not able to submit their applications due to last time rush.
Abbreviations used: UR: Un-reserved, OBC (NCL): Other Backward Classes (Non-Creamy Layer), EWS:
Economically Weaker Section, SC: Scheduled Caste, ST: Scheduled Tribe, PWD: Persons with Disability, OC:
Orthopedically Challenged, VI: Visual Impairment, HI: Hearing Impairment.

7. 1. Posts:
8.
No. of Age Vacancy reserved for
Post/Designation
Vacancies (as on 01-03-2024) UR EWS OBC SC ST

Executive 47 21 to 35 years 21 04 12 7 3
Horizontal Reservation is applicable for Persons with Disability (minimum 40% Disability) as per Government of India norms.

Note: Number of vacancies are tentative and may increase or decrease as per requirement of the Bank.

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1.1 CIRCLE-WISE BREAK-UP

Summary of state-wise break-up of 47 vacancies has been tabulated below. However, details of these 47
locations are furnished in Annexure-I.

S.No Circle No. of Vacancies

1 Bihar 5
2 Delhi 1
3 Gujarat 8
4 Haryana 4
5 Jharkhand 1
6 Karnataka 1
7 Madhya Pradesh 3
8 Maharashtra 2
9 Odisha 1
10 Punjab 4
11 Rajasthan 4
12 Tamil Nadu 2
13 Uttar Pradesh 11
Total 47

• The candidate will have to apply for vacancy of one Circle only. A candidate applying against vacancy of
one Circle will not be eligible to apply against vacancy of any other Circle.
• Candidature of the applicant will be considered only against the vacancies in the Circle for which he/
she has applied/ opted. Merit list will be drawn Circle wise.
• Selected candidates will be posted in the Circle against which they have applied and are selected

2. Job description and Minimum Eligibility Criteria:

Minimum Eligibility
Position Job Description
Criteria
Executive • Achievement of Monthly revenue targets through direct Minimum Educational
sales of Bank’s products. Qualification:
• Support in organizing customer acquisition events and run
campaigns in the area under Branch/ Office jurisdiction to Graduate in any discipline
increase financial literacy.
• Conduct periodic training and education sessions for GDS Note: First preference
on IPPB products and services. will be given to candidate
• Operate seamlessly with DoP Inspectors (Sub-division) and with
Postmasters to drive IPPB and 3rd Party sales. MBA(Sales/Marketing).
• Assist GDS in acquiring new customers for IPPB and its
Partner Organizations. Assist IPPB Manager in Operations. Post qualification work
• Acquire, grow and retain customer relationships by experience:
organizing customer events and run campaigns in the area
to increase financial literacy. Fresher
• Develop and manage the strategic relationship with all
channel partners to drive sales and disseminate marketing Note: The candidate with
information, events, training and promotions which will prior experience in
facilitate meeting the Bank's business goals. sales/operations of
Any other duties assigned by the Bank from time to time. financial products will be
desirable.

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 3. Period of Contract:

The contract would be initially for a period of 01 year and this may be reviewed for extension on Year-
to-Year basis for a further period of 02 years, subject to satisfactory performance. The Maximum
duration of this contract would be three (3) years.

4. Selection Process:

a) Selection will be made on the basis of marks obtained in the graduation/Group

Discussion/Personal Interview. However, Bank reserves the right to select the candidate only on
the basis of marks obtained in the graduation/MBA (Mktg./Sales) and or conduct online
test/Group Discussion. Merely satisfying the eligibility norms do not entitle a candidate to be
called for Interview/Group Discussion or Online Test.

b) In the event of two or more candidates having obtained the same score in selection process,
merit order shall be decided as per the date of birth of the candidates.

c) 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.

d) 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.

5. Pay and allowances:

a) The Bank shall pay a lump sum amount of ₹30,000/- (rupees thirty thousand only) per month
inclusive of statutory deductions.

b) Tax deductions will be done as per Income Tax Act, considering the amendments from time to
time.

c) Annual increment of lump-sum pay and incentives based on performance in business

acquisition/sales activities as decided by the Competent Authority from time to time.

d) Further, it is clarified that no other pay/allowances/bonus etc. shall be paid except those
mentioned above.

6. Application Fee / Intimation Charges (Non-Refundable)

Category of Applicant Application Fee
SC/ST/PWD (Only Intimation charges) INR 150.00 (Rupees One Hundred and Fifty Only)
For all others INR 750.00 (Rupees Seven Hundred fifty Only)

a) Candidates should ensure their eligibility before paying the fees/applying online.
b) Application once made will not be allowed to be withdrawn and fee once paid will NOT be refunded
under any circumstances nor can it be held in reserve for any other future selection process.

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 7. Action against candidates found guilty of misconduct
Candidates are advised in their own interest that they should not furnish any
particulars/details/information or make statements that are false, incorrect, tampered, fabricated and
should not conceal or suppress any material information while filling up the application form and
submitting the attested copies of testimonials. In case it is detected at any time that the candidate has
indulged in any of the above-mentioned activities, he/she will not only be disqualified but will be liable
to be dismissed from the services of IPPB at any time, even after being selected and after joining IPPB's
service. At the time of Interview, if a candidate is (or has been) found guilty of:

i. Using unfair means during the selection process, or

ii. Impersonating or procuring impersonation by any person, or
iii. Misbehaving in the Personal Interview/ Group Discussion, or
iv. Resorting to any irregular or improper means in connection with his/her candidature, including
resorting to canvassing for his candidature, or obtaining support for his/her candidature, by any
means, such candidate may, in addition to rendering himself/herself liable to criminal prosecution,
shall also be liable:

(a) To be disqualified from the selection process for which he / she is a candidate;
(b) To be debarred, either permanently or for a specified period, from any examination or recruitment
conducted by IPPB.

8. Reservations & Relaxations:

a) Reservations and relaxations for SC/ ST/ OBC (Non-Creamy Layer) / PWD (Degree of Disability
40% or above) candidates will be provided as per guidelines of Govt. of India for the purpose.
b) Age relaxation for Ex-Servicemen category candidates is applicable as per Government of India
guidelines.
c) The upper age limit is relaxed by 5 years for SC/ST, 3 Years for OBC (Non-Creamy Layer) and 10
years for PWD-UR, 13 years for PWD-OBC (Non-Creamy layer) and 15 years for PWD-SC/ST
candidates.
d) The OBC candidates who belong to ‘Creamy Layer’ are not entitled for concession admissible to
OBC Category and such candidates have to indicate their category as General.

9. General information

a) All the minimum educational qualifications must be from the recognized University/Institute,
recognized AICTE/UGC/Central or Deemed University and should be regular/full time course. In case
of any dispute arising about admissibility of any particular qualification, the decision of India Post
Payments Bank Limited (IPPB) shall be final and binding.
b) 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.
c) No TA/DA will be paid to any candidate for appearing in the Written Exam/ Interview.
d) If any discrepancies are found between the data filled by the candidate online and the original
testimonies, his candidature is liable to be rejected. 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.

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 e) 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.
f) 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.
g) 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.
h) For any queries please write to email id: careers@ippbonline.in. Please go through the detailed
instructions before filling application form.

Chief HR Officer
HR Department

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 Annexure – I

Circle Name Branch Name No. of Vacancies

Bihar Madhepura 1
Bihar Lakhisarai 1
Bihar Arrah 1
Bihar Banka 1
Bihar Buxar 1
Delhi Delhi - Vikas Puri 1
Gujarat Ahwadangs 1
Gujarat Rajpipla 1
Gujarat Dahod 1
Gujarat Palanpur 1
Gujarat Amreli 1
Gujarat Junagadh 1
Gujarat Mahesana 1
Gujarat Bardoli 1
Haryana Bhiwani 1
Haryana Fatehabad 1
Haryana Narnaul 1
Haryana Kurukshetra 1
Jharkhand Latehar 1
Karnataka Haveri 1
Madhya Pradesh Morena 1
Madhya Pradesh Narsinghpur 1
Madhya Pradesh Bhopal 1
Maharashtra Panaji 1
Maharashtra Margao 1
Odisha Rayagada 1
Punjab Kapurthala 1
Punjab Bathinda 1
Punjab Nawanshahar 1
Punjab Pathankot 1
Rajasthan Baran 1
Rajasthan Jalore 1
Rajasthan Alwar 1
Rajasthan Churu City 1
Tamil Nadu Karaikal 1
Tamil Nadu Kovilpatti 1
Uttar Pradesh Saharanpur 1
Uttar Pradesh Kanpur Dehat 1
Uttar Pradesh Etawah 1
Uttar Pradesh Hathras 1
Uttar Pradesh Agra Fort 1
Uttar Pradesh Chandauli 1
Uttar Pradesh Siddharth Nagar 1
Uttar Pradesh Aligarh 1
Uttar Pradesh Sultanpur 1
Uttar Pradesh Pratapgarh 1
Uttar Pradesh Ambedkar Nagar 1

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