IPPB Recruitment 2025: Check Post Name, Vacancies, Place of Posting, Remuneration and How to Apply Details

IPPB is seeking qualified, intelligent, and motivated individuals to apply for regular or contract positions.

IPPB Recruitment 2025 for Multiple Posts

swastika suhal | Jan 21, 2025 |

IPPB Recruitment 2025: Check Post Name, Vacancies, Place of Posting, Remuneration and How to Apply Details

IPPB Recruitment 2025: Check Post Name, Vacancies, Place of Posting, Remuneration and How to Apply Details

IPPB Recruitment 2025: India Post Payments Bank Limited (IPPB) is seeking qualified, intelligent, and motivated candidates to fill the posts of  Deputy General Manager, Assistant General Manager, General Manager, Senior Manager, Chief Compliance Officer, and Chief Operating Officer in Scale III, V, VI, and VII across various disciplines on regular or contract basis as. The contract will be in effect for three years, with the possibility of a two-year extension following an annual performance assessment. The selected candidates will be posted at the Corporate Office, New Delhi. However, the Bank reserved then right to post the officer anywhere in India. Candidates willing to serve anywhere in India should apply.

Candidates belonging to the SC/ST/PWD category are required to pay an Intimation Charge of Rs.150, whereas the rest of the others need to pay Rs.750 as an Application Fee. Only online payment will be accepted for the application fee. Selection will be made on the basis of an Interview. However, the Bank reserves the right to conduct the assessment, Group Discussion, or Online Test in addition to the interview. Merely satisfying the eligibility norms do not entitle a candidate to be called for an Interview/Group Discussion or Online Test. Desirous and willing applicants may apply online via IPPB’s official website on or before the deadline after the official notification of IPPB Recruitment 2025.

Table of Content
  1. Post Name and Vacancies for IPPB Recruitment 2025:
  2. Remuneration for IPPB Recruitment 2025:
  3. Age Limit for IPPB Recruitment 2025:
  4. Qualification and Experience Required for IPPB Recruitment 2025:
  5. Application Fee for IPPB Recruitment 2025:
  6. Selection Process for IPPB Recruitment 2025:
  7. Tenure for IPPB Recruitment 2025:
  8. Important Dates for IPPB Recruitment 2025:
  9. How to Apply for IPPB Recruitment 2025:
  10. FAQs for IPPB Recruitment 2025:

Post Name and Vacancies for IPPB Recruitment 2025:

There are 07 vacancies for the positions of Deputy General Manager, Assistant General Manager, General Manager, Senior Manager, Chief Compliance Officer, and Chief Operating Officer, as stated in the official IPPB Recruitment 2025 notification.

Information on the estimated number of open positions, including backlog reserved positions –

Dept.GradePost NameVacancies
FinanceVIDGM-Finance/CFO1
VIIGeneral Manager – Finance/CFO
TechnologyVAssistant General Manager (Program/
Vendor Management)
1
ProductIIISenior Manager (Products & solutions)2
Internal AuditIIISenior Manager (Information System Auditor)1
Total5

Information on the amount of preliminary contractual openings, including backlog reserved positions –

DepartmentPost NameVacancies
ComplianceChief Compliance Officer1
OperationsChief Operating Officer1
Total2

Remuneration for IPPB Recruitment 2025:

According to the official IPPB Recruitment 2025 notification, those chosen for the aforementioned position will be paid (monthly income) as indicated in the table below –

Salary for IPPB Recruitment 2025

The Cost to Company (CTC) of officers includes other pay and perks, such as Dearness Allowance, City Compensatory Allowance, Special Allowance, Fixed Personal Pay, Bouquet of Allowance (@50% of basic pay), NPS, Gratuity, HRA/ Leased accommodation and Mediclaim Facility, etc. as per service rules in force from time to time. In addition to the above, the officer would be entitled to Performance Pay if applicable from time to time.

Age Limit for IPPB Recruitment 2025:

To apply for IPPB Recruitment 2025, individuals must be at least the age listed below –

Post NameAge Limit
Senior Manager26 to 35 years
Assistant General Manager32 to 45 years
Deputy General Manager35 to 55 years
General Manager38 to 55 years
Chief Compliance Officer38 to 55 years
Chief Operating Officer38 to 55 years

Qualification and Experience Required for IPPB Recruitment 2025:

The necessary credentials and experience are listed below in order to be qualified to apply for IPPB Recruitment 2025 –

DGM-Finance/CFO and General Manager – Finance/CFO –

  • The applicant ought to be an ICAI-certified chartered accountant (CA).

Note –

  • CAIIB Certification is preferred.
  • MBA (Finance) from a University/ Institution/ Board recognized by the Government of India/ International University of repute (or) approved by a Government Regulatory Body, is preferred.
  • CFA Certification from the CFA Institute is preferred.

Post-Qualification Work Experience (for the candidates applying for Scale VI) –

  • The candidate should have a minimum of 15 years of experience in overseeing financial operations, preferably accounting and taxation matters, in banks/ large Corporations/ PSUs/Financial Institutions/ Financial Services Organizations, of which 10 Years should be in banks/ Financial Institutions of which 05 years should be at senior management level.

Post-Qualification Work Experience (for the candidates applying for Scale VII) –

  • The candidate should have a minimum of 18 years of experience in the Finance domain. (of which)
  • Minimum 15 years of experience in overseeing financial operations, preferably accounting and taxation matters, in banks/ large Corporations/ PSUs/Financial Institutions/ Financial Services Organizations, of which 10 Years should be in banks/ Financial Institutions of which 05 years should be at senior management level.

Assistant General Manager (Programme/Vendor Management) –

  • The candidate should have a B.E./B. Tech/MCA/Postgraduate in IT/Management.

Experience –

  • The candidates should have a minimum of 12 years of experience in Banks/Financial Sector/Vendor Management out of which Minimum 5 years of experience in vendor management of IT domain in banking/ financial services is mandatory at senior management level.

Senior Manager (Products and solutions) –

  • The candidate should be any graduate with an MBA (02 years) or equivalent.

Experience –

  • The candidate should have a minimum 06 years of experience in a Bank/ Financial Institution dealing with direct Product Management / Development role Processes, Policies and SOPs related to Retail/Digital Banking products like Card Issuance, Acquiring and/or payment products like UPI, AePS, BBPS and Remittances.
  • The candidate should be conversant with industry-grade use cases and must have handled Fintech alliances.
  • Preference will be given to candidates having direct exposure/ work experience in Banks/Payments networks such as NPCI, MasterCard and  Visa managing the above-mentioned products.

Candidates can view the official IPPB Recruitment 2025 notification to understand the requirements for the remaining positions, including experience and qualifications.

Application Fee for IPPB Recruitment 2025:

Candidates in the SC, ST, and PWD categories must pay Rs.150 (which is the only notification fee) to apply for IPPB Recruitment 2025, while candidates in all other categories must pay Rs.750. You will pay the application cost online. Once an application has been filed, it cannot be withdrawn, and once the fee has been paid, it cannot be reimbursed in any way or saved for a subsequent selection process.

CategoriesApplication Fee
SC/ST/PWD (Only Intimation charges)INR 150.00
For all othersINR 750.00

Selection Process for IPPB Recruitment 2025:

The IPPB Recruitment 2025 official notification states that candidates will be selected through an interview process. Selection will be made on the basis of Interview. However, the Bank reserves the right to conduct an assessment, Group Discussion, or Online Test in addition to an interview.

  • Merely satisfying the eligibility norms do not entitle a candidate to be called for Interview/ Group Discussion or Online Test.
  • IPPB reserves the right to call only the requisite number of candidates, as decided by the competent authority at the Bank, for the Assessment/ Interview/ Group Discussion or Online Test after preliminary screening/ shortlisting concerning candidates’ qualifications, experience, profile vis-a-vis job requirements, etc

Tenure for IPPB Recruitment 2025:

IPPB Recruitment 2025 appointments are made on a contract or regular basis. The selected individuals will be hired on a contract basis for a term of three years, with the possibility of a two-year extension following an annual performance assessment.

Place of Posting –

  • The selected candidates will be assigned to the Corporate Office in New Delhi. Nonetheless, the Bank was still able to designate the officer to any part of India. If candidates are willing to serve anywhere in India, they should apply.

Important Dates for IPPB Recruitment 2025:

Below are the Important dates for IPPB Recruitment 2025 –

EventsImportant Dates
Opening Date for Online Registration of Applications10.01.2025: 10:00 AM
Last Date of Online Submission of Applications with Fee30.01.2025: 11:59 PM

How to Apply for IPPB Recruitment 2025:

According to the official IPPB Recruitment 2025 statement, interested and qualified individuals must submit their online applications on the IPPB website by the deadline. Applications submitted in any other way will not be accepted.

The online application deadline is January 30, 2025, at 11:59 PM.

FAQs for IPPB Recruitment 2025:

The following are the Frequently Asked Questions about IPPB Recruitment 2025 –

Q.1. How to apply for IPPB Recruitment 2025?

Ans. The candidates may apply online for IPPB Recruitment 2025.

Q.2. What is the last date to apply for IPPB Recruitment 2025?

Ans. The last date to apply for IPPB Recruitment 2025 is 30.01.2025.

Q.3. What is the place of posting for IPPB Recruitment 2025?

Ans. The place of posting for IPPB Recruitment 2025 is New Delhi.

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