Syndicate Bank PGDBF Recruitment Notification 2018-19 FAQ |

Dear Readers,

Syndicate Bank has released its notification for admission to the one year Post Graduate Diploma in Banking and Finance (PGDBF) course at Manipal Global Education Services Pvt Ltd. (MaGE), Bangalore and Nitte Education International Pvt Ltd. (NEIP) Greater Noida / Mangalore.

Candidates shall be selected through a selection process consisting of the online test followed by Group Discussion or/and Personal Interview. Admission procedure to the One-year full-time postgraduate diploma course in Banking and Finance from Manipal University and NITTE University will be conducted at Manipal Global Education Services Pvt Ltd, Bangalore (MaGE) and Nitte Education International Pvt Ltd. (NEIPL). Greater Noida / Mangalore comes with the assurance of a full-fledged Banking career with Syndicate Bank on successful completion of the course.

The aggregate marks of qualified candidates in the Objective, will be arranged in descending order in each category and the candidates in the order of merit, subject to 4 times the number of vacancies declared for each category, will be called for Interview and/ or Group Discussion as decided by the Bank. The qualifying marks in Interview and/or Group Discussion will be as decided by the Bank.

☛ What are the posts available under this recruitment project for freshers?

The post which will be available in this recruitment project is of Probationary Officers.

☛ When will the exam be conducted?

Syndicate Bank’s recruitment of Probationary Officers will be conducted on 18th February 2018 (tentative).

☛ How many vacancies are there?

The number of vacancies is 500 for Syndicate Bank’s Probationary Officers post.

☛ The exam will be conducted online or offline (OMR Based)?

Common Written Exam for Syndicate Bank’s Probationary Officers will be conducted online.

☛ What is the Structure of Examination?

The structure of the examination which will be conducted online is as follows

Online Examination

S.no.	Name of the Test	No. of Qs.	Max. Marks	Duration
1.	Reasoning	50	50	Composite Time of two hours
2.	Quantitative Aptitude	50	50
3.	English Language	50	50
4.	General Awareness	50	50
5.	English Language (Descriptive Test (Online)	2	50	30 minutes

☛ Will there be an interview after the written examination?Yes, there will be interview for the recruitment process of Probationary Officers. The successful candidates in the On-line test would be called for a Personal Interview and/or Group Discussion round.
The final merit list for selection will be based on your performance in the Online Test and Interview and/or Group Discussion.

☛ What is the age criteria to apply in this common written exam?
Age (As on 01.10.2017) Minimum 20 years – Maximum 28 years.

☛ What is the educational qualification required for various posts in this recruitment process?

Qualification (As on 01.10.2017) –Degree (Graduation) with a minimum of 60% (55% for SC/ST/PWD) marks in any discipline from a recognized University or any equivalent qualification as such recognized by Central Government.

☛ What is the Application Fee?
Application Fees/ Intimation Charges shall be as follows –
– Rs. 100/- for SC/ST/PWD candidates.
– Rs. 600 /- for all others.

☛ When will the registration start?
Registration will start from 02.01.2018 to 17.01.2018.

☛ Is the exam Bilingual?
The tests, except the Test of English Language in Mains exam all others will be available bilingually, i.e. in both English and Hindi.

☛ What is the cut-off for being recruited?
There is no fixed cut-off. It depends on the performance of the candidates. Each candidate will be required to obtain a minimum score in each section of Online Examination and also a minimum total score to be considered for further process.

☛ Is there a criterion for negative marking?
There is negative marking of ¼ marks for every wrong answer.

☛What is the Programme fees for this course?
The fees for this Course will be Rs. 3.50 lakhs (all inclusive of boarding, Lodging and course fees, other fees, etc.) plus service taxes, as applicable to be paid by the student. Changes in the Course fees, if any, will be informed to the successful candidates subsequently.

☛What will be the pay scale for this post?
During nine months classroom training the students shall be paid a sum of Rs 3000/- pm as stipend and during the next three months of internship a stipend of Rs 15000/- pm shall be paid. Candidates will be paid an amount similar to that of probationary officers of any other public sector bank once they are placed as one. The loyalty bonus of ₹. 500000/- shall be paid to the Officers at the rate of ₹ 100000/- for every completed year of service after 5 years of continuous and satisfactory service in the Bank from the date of joining the service (i.e. ₹. 100000/- each on completion of 6th, 7th, 8th, 9th & 10th year of continuous and satisfactory service), subject to regularity of education loan if availed.