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Union Bank of India Recruitment 2017 – Specialist Officers (Credit Officers)

Union Bank invites Online Applications for recruitment to the following post in Specialized Segment.

Important Dates:
• Start Date for payment of fees / intimation charges and submitting the Online application: 4th Oct 2017
• Last Date for payment of fees / intimation chargesand submitting the Online application: 21st Oct 2017
• Last date for printing your application: 05th November 2017

1. Credit Officer – Post Code: 01

i. Scale / Grade: II
• Basic Pay Scale: 31705-1145/1-32850-1310/10-45950
• In addition, Special Allowance, Dearness Allowance and other allowances will be payable as per prevailing rules and regulations in the Bank.
• Further, the officer will also be eligible for amenities like residential quarters/lease rent in lieu of quarters, LFC, reimbursement of medical/hospitalization expenses and other perquisites as per the policy of the Bank.

ii. No of Vacancies:
• SC: 49, ST – 24, OBC – 65, UR – 62,
Total: 200

iii. Age Criteria:
• minimum 23 years and maximum 32 years.

iv. Educational Qualifications:
• Bachelor’s degree in any discipline with minimum 60% aggregate marks from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies.
• Note: Candidates having professional qualification like MBA (Finance) / CA/ ICWA/ CFA/
• FRM/ CAIIB from a University/Institution/Board recognized by Govt. of India/approved by Govt. Regulatory bodies will be preferred.
• A relaxation of 5% would be available in the minimum marks required under the eligibility criteria of Educational Qualification to the candidates belonging to Reserved Category, as per the Government guidelines.

v. Work Experience:
• Work Experience in processing of credit proposals in officer cadre with any Scheduled Commercial Bank for a minimum period of two years immediately preceding the cut-off date of application as per this Notification is mandatory.

vi. Probation Period:
• The selected candidates will be on Probation for a period of 2 years of active service from the date of his / her joining the Bank.

vii. Service Indemnity Bond:
• The selected candidates will be required to execute a Service Indemnity Bond undertaking to serve the Bank for a period of 3 years or to pay the Bank a sum of Rs.250000.00 (Rs.Two Lac Fifty Thousand Only) plus GST and all other taxes as applicable as per Government rules in case he / she leaves the Bank before completion of 3 years of active service.

viii. Selection Process:
• The selection process may comprise of Online Examination / Group Discussion (if conducted) and / or Personal Interview. The Bank reserves the absolute right to decide as to whether to use all or any of these modes for selection for the notified posts.

ix. Online Examination / Test:
a) Reasoning:
• 50 multiple choice questions carrying a total of 25 marks.

b) Quantitative Aptitude:
• 50 multiple choice questions carrying a total of 50 marks.

c) Professional knowledge relevant to the post:
• 50 multiple choice questions carrying a total of 100 marks.

d) English Language:
• 50 multiple choice questions carrying a total of 25 marks.

– Total Duration of Examination will be of 120 minutes.

– Total 200 multiple choice questions carrying a total of 200 Marks.
– The above tests except the test of English language will be available bilingually i.e. English and Hindi.

x. Personal Interview:
• A Personal Interview of 50 marks shall be conducted to assess the academic & job knowledge, power of expression, clarity of thought, qualities of leadership, extracurricular activities, hobbies, general demeanor, behavior, communication skills, suitability for the post, etc. of the applicant.
• The minimum qualifying marks for the Personal Interview would be 25 marks (22.5 marks for Reserved Category applicants).
• The applicants not securing the minimum qualifying marks in the Personal Interview will be disqualified for selection.

xi. Examination Centers:
– The Online Examination, if conducted, may be tentatively held on 25.11.2017 at the following centers:
– Bangalore, Delhi, Kolkata, Lucknow, Mumbai.

xii. How To Apply:
• The candidates can apply only online from 04 Oct 2017 to 21st Oct 2017 (both days inclusive) and no other mode of application will be accepted.

xiii. Application fees / Intimation Charges:
• For GEN & OBC – Rs.600.00 (application fees)
• For SC/ST/PWD candidates – Rs.100.00 (intimation charges)
• The transaction charges, if any, for Online Payment of application fees / intimation charges will have to be borne by the applicant.
• Payable only through online mode and Non-refundable.

General Information:
• The applicants are required to take a printout of the e-receipt and the submitted online application form.
• After submitting the payment information in the online application form, Do not press the Back or Refresh button in order to avoid double charge.
• The call letters for Online Examination / Group Discussion (if conducted) can be downloaded by the eligible applicants from the Bank’s website.
• The list of the applicants shortlisted for Personal Interview will be published on Bank’s website.
• The applicants may also be called directly for Personal Interview without holding of Online Examination / Group Discussion.
• The Bank reserves its right to call any number of applicants for the Personal Interview at its sole discretion.
• It is reiterated that applicants are advised to keep themselves regularly updated about the alerts / communication regarding the selection process through the Bank’s website.

Company Profile:
Union Bank of India (herein after called the Bank), a leading listed Public Sector Bank with Head Office in Mumbai and having Pan India.

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