New Delhi: The India Post Payments Bank (IPPB) has been recently incorporated as a Public Limited Company under the Department of Posts with 100% GOI equity. IPPB incorporated as a public limited company under the Department of Posts, Govt. of India on 17th August, 2016. IPPB is now on hiring spree as the payment bank will recruit 3500 personnel across the country in the next few months while recruitment process has already started.
The company has already advertised for recruitment of 650 posts for Assistant Manager (Territory) JMGS – I. For these posts, candidates must be a Graduate from a recognized university. Graduates (Including those with experience) are required for full-time positions of Assistant Manager (Territory) may apply for this position. Applications open from October 4th, 2016 to October 25th, 2016. For details on these posts and how to apply online, candidates should follow the India Post Payments Bank page of Indian Post official website: https://www.indiapost.gov.in/Financial/Pages/Content/IPPB.aspx#WorkwithIPPB
IPPB has also unveiled recruitment plan for hiring 1060 officers under Scale II and Scale III (MMGS III-408 posts and MMGS II -652 posts). Candidates with relevant qualifications, experience and skills with a minimum of 3/6 years experience may apply for full-time Manager / Senior Manager positions across Branch, Sales, Product, Marketing, Finance, Program Management Office, HR & Administration, Internal Audit, Operations – Central Processing Centre, Risk & Compliance and Technology functions. Applications open from October 7th, 2016 to November 1st, 2016.
IPPB has also invited applications from candidates with relevant qualifications, experience and skills with a minimum of 9/12/15 years experience for full-time Chief Manager / AGM/ DGM positions across Operations, HR and Administration, Technology, Risk and Compliance, Program Management Office, Product, Marketing and Finance functions. Applications open from October 4th, 2016 to October 25th, 2016. These positions fall in Scale IV and above categories.
The company has also notified its recruitment plans for senior level posts including CEO/MD, Scale VI officers, GM, and CGM posts.
IPPB will offer demand deposits such as savings and current accounts upto a balance of Rs 1 Lac, digitally enabled payments and remittance services of all kinds between entities and individuals and also provide access to third party financial services such as insurance, mutual funds, pension, credit products, forex, and more, in partnership with insurance companies, mutual fund houses, pension providers, banks, international money transfer organisations, etc.
For details on these job notifications interested candidates should visit India Post Payments Bank page of Indian Post official website: