Indian Bank Recruitment 2024: Notification Out for Vertical Head—R and GR Department Post, Apply Fast

Indian Bank is hiring diligent candidates for the post of Vertical Head – R and GR Department, on a contractual basis- 2024.

Indian Bank Recruitment 2024 for Vertical Head – R and GR Department

Aarti choudhary | Oct 1, 2024 |

Indian Bank Recruitment 2024: Notification Out for Vertical Head—R and GR Department Post, Apply Fast

Indian Bank Recruitment 2024: Notification Out for Vertical Head—R and GR Department Post, Apply Fast

Indian Bank Recruitment 2024: Indian Bank is looking for eligible, bright, dynamic candidates for the post of Vertical Head- R and GR (Resources and Government Relationship) Department on a contractual basis- 2024. The candidates applying for the above-stated position should be between the ages of 36 and 57 years (inclusive of all relaxations). The selection process of the candidates will be based on interview. To apply for the official notification of Indian Bank Recruitment 2024, the candidate must hold a degree of graduation in any discipline and CA / MBA (Marketing) or equivalent with 15 years of work experience in banking service to apply for this post.

The chosen applicants for Indian Bank Recruitment 2024 will receive a monthly salary, which will be negotiable and should not be a limiting factor for capable candidates. The period of engagement is purely on a contractual basis for 3 years, extendable further for 5 years, subject to annual review. The chosen candidates will be posted at Chennai or as decided by the Bank. The candidates must pay an application fee of Rs. 1000 for General and OBC candidates and Rs. 100 for SC / ST / PwBD candidates through Internet Banking/NEFT/RTGS in Indian Bank Recruitment 2024. Suitable and willing candidates should submit their duly filled application form along with the required documents to the given address before the last date.

Table of Content
  1. Post Name for Indian Bank Recruitment 2024:
  2. Tenure for Indian Bank Recruitment 2024:
  3. Place of Work for Indian Bank Recruitment 2024:
  4. Age Limit for Indian Bank Recruitment 2024:
  5. Salary for Indian Bank Recruitment 2024:
  6. Required Qualification and Experience for Indian Bank Recruitment 2024:
  7. Application Fee for Indian Bank Recruitment 2024:
  8. Selection Process for Indian BankRecruitment 2024:
  9. How to Apply for Indian Bank Recruitment 2024:
  10. FAQs for Indian Bank Recruitment 2024:

Post Name for Indian Bank Recruitment 2024:

Indian Bank is looking for suitable candidates for the post of Vertical Head—R and GR Department, as per the official notification of Indian Bank Recruitment 2024.

Tenure for Indian Bank Recruitment 2024:

The tenure period on a contractual basis for Indian Bank Recruitment 2024 will be 3 years, extendable further for a period of up to 5 years, subject to annual review.

Place of Work for Indian Bank Recruitment 2024:

The selected candidates for Indian Bank Recruitment 2024 will be posted in Chennai or as may be decided by the bank.

Age Limit for Indian Bank Recruitment 2024:

The age of the applicants should not be below 36 years and not above 57 years as on 01.09.2024 for Indian Bank Recruitment 2024.

Salary for Indian Bank Recruitment 2024:

The salary for the above post is listed below for Indian Bank Recruitment 2024:

  • The monthly salary will be negotiable and should not be a limiting factor for a deserving candidate.
  • Variable Pay over and above the fixed salary but linked to achieving of specific target set specifically for the purpose shall be payable on a quarterly basis. The fixed pay and variable pay will be normally in the ratio of 80:20 of the CTC.

Required Qualification and Experience for Indian Bank Recruitment 2024:

In order to apply for Indian Bank Recruitment 2024, the required qualifications and experience are indicated below:

  • The candidate should be a graduate in any discipline from a university recognized by the Government of India, government bodies, AICTE, etc. (mandatory).
  • The candidate should have CA / MBA (marketing) or equivalent (regular) or classroom (desirable).

Experience

  • The candidate should have a minimum of 15 years of post-qualification work experience in banking service with at least one assignment in the role of Head / Deputy to the Head of the Vertical/Department (Or) equivalent to a minimum of Deputy General Manager in PSB.
    Out of which at least 5 years in the liabilities vertical at senior management level.

Preferred Experience:

  • The candidate should have experience leading a diverse team in any of the leading Indian banks having a minimum business of 2 lac crores as on 31.03.2024.

Application Fee for Indian Bank Recruitment 2024:

The application fee for General and OBC candidates is Rs. 1000 through online mode for Indian Bank Recruitment 2024.

Application Fee
For all other CandidatesRs. 1000 (inclusive of GST)
For SC / ST / PwBD candidatesRs. 100 (inclusive of GST)

Account Name: Engagement of Vertical Head – R&GR Department on Contractual
Basis – 2024
Account Number: 6942794077
Bank & Branch: Indian Bank, Royapettah
Account Type: Current Account
IFSC Code : IDIB000R021

Selection Process for Indian BankRecruitment 2024:

The mode of selection for Indian Bank Recruitment 2024 will be based on interviews. In case the number of applicants is substantially large, a written/group discussion/ Group Discussion / Preliminary interview process or a combination of the aforementioned eligible/suitable candidates may be adopted.

No travel allowance is payable to candidates who are called for interviews.

How to Apply for Indian Bank Recruitment 2024:

Candidates who meet the above criteria for Indian Bank Recruitment 2024 can download the application form from the official website and should be sent in a closed envelope superscribed “Application for the post of Vertical Head – R&GR Department on contractual basis- 2024” to the following address:

Chief General Manager (CDO and CLO) Indian Bank,
Corporate Office, HRM Department,
Recruitment Section 254-260,
Avvai Shanmugam Salai, Royapettah,
Chennai, Pin: 600 014, Tamil Nadu.

All eligible and interested candidates should apply in the prescribed application format to reach the address cited above on or before 14.10.2024.

Any application received after the due date will be summarily rejected

FAQs for Indian Bank Recruitment 2024:

The FAQs for Indian Bank Recruitment 2024 are mentioned below:

Q. 1: How many periods did the candidates hold their positions for Indian Bank Recruitment 2024?

  • Ans. The applicants will hold their position for a minimum of 03 years for Indian Bank Recruitment 2024.

Q.2: Which degree is required for Indian Bank Recruitment 2024?

  • Ans. Graduation in any discipline is required for Indian Bank Recruitment 2024.

Q.3: Where will be the posting location for Indian Bank Recruitment 2024?

  • Ans. The posting location for Indian Bank Recruitment 2024 will be Chennai.

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