(A Govt of India Enterprise) Head Office 112, J C Road, Bangalore
RECRUITMENT OF INVESTMENT OFFICERS ON CONTRACT
APPLICATIONS ARE INVITED FROM INDIAN CITIZENS FOR
APPOINTMENT TO THE POST OF INVESTMENT OFFICERS ON CONTRACT
Eligible candidates are requested to apply ON-LINE through Bank’s website www.canarabank.com. No other means / mode of Application will be accepted.
Important Dates | |
Event | Date |
Opening Date for on-line registration in Website | 22.06.2010 |
Closing Date for on-line registration in Website | 10.07.2010 |
Tentative Date of Written Test | 05.09.2010 |
The details of Number of Posts are as follows;
Post Name | Total Posts | Age [Years] |
Investment Officers on Contract | 700 | 21 – 30 |
Reservations for Investment Officers on Contract:
| Post | No. of Posts for | ||||||||
| SC | ST | OBC | UR | Tot | Of which PWD | ||||
| VC | HI | OC | Tot | ||||||
Investment Officers on Contract | 106 | 53 | 191 | 350 | 700 | 12 | 11 | 7 | 30 |
State / Union Territory-wise requirement of Investment Officers on Contract is as mentioned below;
| Code | State / Union Territory | No. of Posts |
| 11 | Andhra Pradesh | 47 |
| 12 | Assam | 10 |
| 13 | Bihar | 04 |
| 14 | Chandigarh | 06 |
| 15 | Chhattisgarh | 06 |
| 16 | Delhi | 66 |
| 17 | Goa | 09 |
| 18 | Gujarat | 18 |
| 19 | Haryana | 13 |
| 20 | Himachal Pradesh | 02 |
| 21 | Jharkhand | 08 |
| 22 | Karnataka | 140 |
| 23 | Kerala | 54 |
| 24 | Madhya Pradesh | 09 |
| 25 | Maharashtra | 81 |
| 26 | Orissa | 05 |
| 27 | Punjab | 35 |
| 28 | Rajasthan | 04 |
| 29 | Tamil Nadu | 110 |
| 30 | Uttar Pradesh | 46 |
| 31 | Uttaranchal | 05 |
| 32 | West Bengal | 22 |
| Total | 700 |
Compensation:
Fixed Pay:
Rs.15000/- per month subject to achievement of minimum threshold premium of Rs.1 lakh per month i.e., Rs.12 lakhs per annum.
Basic | : | Rs.10,000/- |
HRA | : | Rs.2,500/- [25% Basic] |
Conveyance | : | Rs.1,500/- [15% Basic] |
Medical Aid | : | Rs.1,000/- [10% Basic] |
Over and above the threshold limit, he/she will be entitled for variable pay and the variable pay is equivalent to 15% of the commission received by the Bank, which shall be paid quarterly.
The contract appointees, who fail to achieve performance with a minimum threshold premium of Rs.3.00 lakhs per quarter, consecutively for two quarters, beginning from the second quarter of their appointment shall cease to continue as contract appointees of the bank from the last day of the month from the end of the second quarter under review. However, if any candidate fails to achieve minimum threshold limit of Rs.3 lakhs in any quarter, Bank reserves right to cancel the contract appointment.
e. Other Benefits:
Casual Leave – 10 days per calendar year
Annual Leave- 20 days in a calendar year
SELECTION PROCEDURE
The selection for the post of Investment Officers on Contract shall be by way of Written Test + Interview.
The test may be conducted On-line / Off-line. The written test shall consist of Objective Test amp; Descriptive Test. The details of test are as follows;
Test | Subject | No. of | Marks | Time |
Objective | Test of Reasoning | 75 | 75 | 135 |
Test of Data Analysis amp; | 50 | 50 | ||
Test of General Awareness, | 50 | 50 | ||
Test of English | 50 | 50 | ||
Descriptive | General Question | Attempt 4 out of 5 | 100 | 60 |
HOW TO APPLY:
The eligible candidates are required to apply ON-LINE through bank’s website www.canarabank.com. The guidelines for filling on-line application are as follows;
- Candidates should have a valid personal e-mail id. In case, candidate is not having valid e-mail id, he/she should create a new e-mail id. This e-mail id should be valid for the duration of the project.
- Candidates should have remitted the requisite fee in any branch of Canara Bank and should have details of payment made OR Candidates should have remitted the requisite fee in any other Bank through NEFT and should have details of payment made.
- Please note that without valid payment details, on-line registration of application will be summarily rejected. For details of payment, check Point No.4.
- Candidates are required to visit the Bank’s website www.canarabank.com-Careers-Positions Open page and click on the link “Recruitment Project – 2 / 2010 – Investment Officers on Contract” and apply for the post. Alternatively, candidates can click the link “Recruitment” scrolling in the “News Update”, which leads to the Recruitment Page.
- The link for registration of application will be open on our website on the dates indicated at the top of this advertisement.
- After filling in all the required particulars, candidates shall submit the application on-line.
- There is provision to modify the submitted on-line application. Candidates are requested to make use of this facility to correct the details in on-line application, if any. This Modification facility shall be available after 2 days of registration amp; up to 12.07.2010. Modification will be allowed only 3 times. After the last date, no modification will be permitted.
- Candidates should take utmost care to furnish the correct details while filling in on-line application.
- Retain a copy of on-line application print out along with Registration Number amp; Password safely for your records.
CANDIDATES NEED NOT SEND APPLICATION PRINT / DOCUMENTS AT THIS STAGE.
Click Here to see the detail on the banks official website.
http://www.canarabank.com/English/Scripts/RecruitmentProjecta.aspx
