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TGCAB Notification 2024

The Telangana State Cooperative Apex Bank Ltd. (TGCAB) and nine District Central Cooperative Banks (DCCBs). TGCAB Notification 2024. Are inviting applications for Cooperative Interns (CIs). This internship program aims to support and enhance grassroots-level initiatives started by the Ministry of Cooperation (MoC) of India. The goal is to create a people-centered cooperative movement that fosters economic growth at the community level.

Post-Wise Vacancy Details for Cooperative Interns

  1. Telangana State Cooperative Apex Bank Ltd. (TGCAB), Hyderabad
    • Vacancies: 1 Cooperative Intern position
    • Location: TGCAB headquarters, Hyderabad
    • Role: Supporting the main office with cooperative initiatives, including assisting with PACS and local cooperatives, preparing reports, and other duties as assigned by TGCAB.
  2. District Central Cooperative Banks (DCCBs) – 9 Positions (One for Each DCCB)
    Each of these District Central Cooperative Banks will have 1 Cooperative Intern position, with a total of 9 positions across the districts:
    • Adilabad DCCB – 1 Position
    • Hyderabad DCCB – 1 Position
    • Khammam DCCB – 1 Position
    • Karimnagar DCCB – 1 Position
    • Mahabubnagar DCCB – 1 Position
    • Medak DCCB – 1 Position
    • Nalgonda DCCB – 1 Position
    • Nizamabad DCCB – 1 Position
    • Warangal DCCB – 1 Position
    Responsibilities: Each intern will support cooperative initiatives within their assigned district, working directly with PACS and local cooperatives to address operational challenges, assist with business planning, manage project financing, and report on the progress of cooperative initiatives to the district’s DCCB.

Total Vacancies

  • 10 Cooperative Intern Positions
    • 1 Position at TGCAB, Hyderabad
    • 9 Positions across DCCBs in Telangana

Additional Information

  • Allotment: The placement of interns at TGCAB or the respective DCCBs will be determined by TGCAB based on operational requirements.
  • Relocation: Interns may be posted or transferred within the TGCAB or DCCBs as per the functional needs of the bank.

This detailed vacancy breakdown helps eligible candidates understand the available positions and choose their preferred district, though final placement will be decided by TGCAB.

TGCAB Notification 2024

Eligibility Criteria for Cooperative Interns

  1. Educational Qualifications
    • Required Degree: Candidates must hold an MBA or equivalent degree in one of the following fields:
      • Marketing Management
      • Cooperative Management
      • Agri-Business Management
      • Rural Development Management
    • Alternative Qualification: A Post Graduate Diploma in Management (PGDM) that is at least a 2-year course and is awarded by an institution accredited by the All India Council for Technical Education (AICTE) or the University Grants Commission (UGC) is also accepted.
  2. Essential Skills
    • Computer Proficiency: Candidates must have strong computer skills.
    • Language Proficiency: Fluency in the Telugu language is essential for effective communication and reporting.
  3. Age Limit
    • Minimum Age: 21 years
    • Maximum Age: 30 years
    • Note: Age will be calculated as of the date specified in the official notification.
  4. Internship Duration
    • The internship is for a period of one year only, providing practical exposure to cooperative management.

Internship Details for Cooperative Interns

  1. Internship Duration
    • The Cooperative Internship is a one-year program. Interns are engaged on a temporary basis and are not guaranteed permanent employment with the bank after the internship period.
  2. Stipend and Allowances
    • Monthly Stipend: Cooperative Interns will receive a consolidated monthly remuneration of ₹25,000.
    • Travel and Daily Allowances: Interns are entitled to travel and daily allowances, the rates of which will be decided by the respective bank. These allowances are meant to cover expenses incurred during official duties.
  3. Working Hours and Conditions
    • Work Schedule: Interns are expected to adhere to the regular working hours observed by TGCAB or the respective DCCB where they are placed.
    • Holidays: Interns will observe the same holiday schedule as the bank, including both official and bank-specific holidays.
  4. Leave Policy
    • Casual Leave: Interns are eligible for 10 days of casual leave during the one-year internship period.
    • Additional Leave: Any absence beyond the allowed 10 casual leave days will be considered “Leave without Remuneration.”
    • Unauthorized Absence: Absence without prior approval may lead to the termination of the internship without notice.
  5. Posting and Transfers
    • Placement: Interns may be placed either at TGCAB in Hyderabad or one of the nine DCCBs across Telangana (Adilabad, Hyderabad, Khammam, Karimnagar, Mahabubnagar, Medak, Nalgonda, Nizamabad, Warangal).
    • Transfers: Interns may be transferred within TGCAB or between DCCBs depending on operational requirements. Final placement and any transfers will be at the discretion of TGCAB.

TGCAB Notification 2024

Responsibilities of Cooperative Interns

  1. Coordination with Primary Agricultural Cooperative Societies (PACS)
    • Interns will work closely with Primary Agricultural Cooperative Societies (PACS) and other local cooperatives to support and implement initiatives led by the Ministry of Cooperation, Government of India. This involves assisting PACS in understanding and applying cooperative programs aimed at community development.
  2. Support in Computerization and Digital Initiatives
    • Interns will assist PACS in adopting digital tools and processes. This includes troubleshooting computerization issues, supporting digital record-keeping, and helping PACS transition to efficient digital systems for improved service delivery.
  3. Assistance in Business Planning and Development
    • Interns will help PACS develop and enhance business plans, manage ongoing projects, and ensure sustainable growth. This includes analyzing PACS operations, providing input on financial management, and supporting business development initiatives.
  4. Facilitating Project Financing and Approval Processes
    • Cooperative Interns will guide PACS through the processes of securing project financing and obtaining necessary regulatory approvals. This includes assisting in the preparation of applications for funding and helping PACS meet the criteria for financial assistance.
  5. Preparation of Weekly Status Reports
    • Interns are required to prepare weekly reports detailing the progress, challenges, and outcomes of the initiatives implemented in coordination with their respective DCCB or State Cooperative Bank (StCB). These reports will provide valuable feedback on the program’s impact and areas for improvement.
  6. Problem Solving and Troubleshooting
    • Interns are expected to act as problem-solvers for PACS by addressing day-to-day operational issues, particularly those related to technology, financial management, and business strategy.
  7. Additional Duties as Assigned by the Bank
    • Cooperative Interns may be assigned additional responsibilities or special projects by TGCAB or their respective DCCB to meet organizational needs. This could include tasks related to data collection, community outreach, or administrative support.

Working Conditions and Leave Policies for Cooperative Interns

  1. Working Hours
    • Cooperative Interns are expected to follow the same working hours as the bank. These hours are in line with standard banking schedules and may vary slightly depending on the specific DCCB or TGCAB requirements.
  2. Holiday Entitlement
    • Interns will observe the holiday schedule applicable to TGCAB and the DCCB where they are placed. This includes both official public holidays and bank-specific holidays as designated by the organization.
  3. Casual Leave
    • Leave Allowance: Each intern is eligible for up to 10 days of casual leave during the one-year internship period.
    • Additional Leave: No other types of leave, such as sick leave or vacation leave, are provided. The casual leave is the only designated time off, and any additional days will be considered unpaid.
  4. Leave Without Remuneration
    • Any absences exceeding the 10 casual leave days will be counted as “Leave without Remuneration,” resulting in a deduction from the monthly stipend.
  5. Unauthorized Absences
    • Consequences: Absences without prior approval from the competent authority will be considered unauthorized and may result in termination of the internship without notice.
    • Approval Process: Interns must seek approval in advance for any intended absences, ensuring they comply with the bank’s protocols for leave requests.
  6. Full-Time Commitment
    • The internship requires a full-time commitment, meaning that interns are expected to dedicate their working hours exclusively to tasks assigned by TGCAB or their respective DCCB. This ensures that interns are fully engaged in the bank’s initiatives and cooperative development goals.

TGCAB Notification 2024

Application Process for Cooperative Interns

  1. Application Submission
    • Mode of Submission: Applicants are required to submit their applications by Speed Post.
    • Address for Submission:bashCopy codeDeputy General Manager, Human Resource Management Department, The Telangana State Cooperative Bank Ltd. (TGCAB), #4-1-441, Troop Bazar, Hyderabad – 500001.
    • Deadline: All applications must reach TGCAB on or before November 30, 2024.
  2. Required Documents
    • Candidates must ensure they submit a duly filled application form along with any required documents to prove eligibility. The exact list of supporting documents will typically include proof of educational qualifications, age verification, and any other specified qualifications.
  3. Selection Process
    • Merit-Based Shortlisting: Candidates will be shortlisted based on their academic performance and additional qualifications. Marks from different educational stages (SSC, 12th, Graduation, and Post-Graduation) will be given weightage.
    • Merit List Criteria:
      • Marks in SSC, Intermediate (10+2), Graduation, and Post-Graduation are considered, with additional marks awarded for each relevant qualification.
      • Weightage of Marks:
        • SSC (10% of total)
        • Intermediate (10%)
        • Graduation (10%)
        • Post-Graduation (10%)
        • Additional Qualifications (2 marks per qualification, up to 10 marks)
      • Ranking Tie-Breaker: In case of candidates with the same score, priority will be given based on age, with preference to older candidates.
  4. Document Verification (DV)
    • Verification Process: Shortlisted candidates will be contacted to appear for Document Verification at the TGCAB Head Office in Hyderabad. Candidates must bring all original documents for verification.
    • Disqualification: If any discrepancies are found between the information provided in the application and the original documents, the candidate will be disqualified from the selection process.
  5. Communication of Results
    • Notification: Selected candidates will receive a notification from TGCAB, typically via email, confirming their selection and providing further instructions.
  6. Reserve List
    • If any vacancies arise due to disqualification or candidate withdrawal, TGCAB will fill the vacancy from the reserve list created during the selection process.
  7. Important Notes
    • Eligibility Does Not Guarantee Selection: Meeting the eligibility criteria does not automatically entitle a candidate to selection. The bank reserves the right to modify the selection criteria as necessary.
    • Final Decision: The Telangana State Cooperative Apex Bank Ltd. reserves the right to cancel or withdraw the advertisement at any stage without notice.

Additional Terms and Conditions for Cooperative Interns

  1. Confidentiality Obligations
    • Interns are required to maintain strict confidentiality regarding any documents, reports, and information accessed during their internship. This includes avoiding the disclosure of any non-public information about the bank, its policies, business plans, or projects.
    • Legal Consequences: Violation of confidentiality may result in legal action and immediate termination of the internship.
  2. No Employment Assurance
    • The internship is a temporary program and does not guarantee permanent employment with TGCAB or any DCCB.
    • No Claims to Employment: Interns will not have any claim to regular employment based on their participation in this program.
  3. Full-Time Commitment
    • Interns are expected to dedicate their full working hours to their roles in TGCAB or the respective DCCB. This is a full-time program, and other engagements or employment is not permitted.
  4. Adherence to Bank Policies and Regulations
    • Interns are expected to comply with the rules and regulations of TGCAB and the DCCB they are assigned to. This includes adherence to all policies governing conduct, work ethics, and general behavior within the bank.
  5. Professional Conduct
    • Interns should maintain a professional demeanor and high ethical standards. Interactions with customers, PACS, and bank staff should be handled with respect and professionalism, reflecting the values of the bank.
  6. Prohibition on Media Interaction
    • Interns are not permitted to interact with the media on behalf of the bank, whether through print, electronic, or social media. They are also restricted from posting about their work or the bank’s activities on social media platforms without prior authorization from a competent authority.
  7. Internship Termination
    • Termination without Notice: TGCAB reserves the right to terminate the internship at any time, without notice, for reasons including but not limited to unauthorized absence, unsatisfactory performance, or breach of confidentiality.
    • Unauthorized Absences: Any absence without prior approval may lead to termination, as interns are required to adhere to the attendance and leave policies strictly.
  8. Ownership and Use of Work
    • All reports, documents, and materials created by interns during the course of the internship will remain the property of TGCAB or the respective DCCB and should not be used for personal purposes or shared externally.
  9. Legal Liability
    • Interns will be held accountable for any breaches of contract, confidentiality, or misconduct during their internship. Legal action may be pursued if deemed necessary by TGCAB or the DCCBs.
  10. Application Finality
    • TGCAB reserves the right to cancel, alter, or modify any aspect of the recruitment and internship program at any stage without providing prior notice.

Conclusion

The Cooperative Intern program at the Telangana State Cooperative Apex Bank Ltd. (TGCAB) and the District Central Cooperative Banks (DCCBs) is an excellent opportunity for young professionals eager to make a positive impact on grassroots-level cooperative initiatives. This one-year internship offers hands-on experience in cooperative management, business planning, and project execution, all while supporting community-focused projects driven by the Ministry of Cooperation.

With a structured selection process, a defined set of responsibilities, and clear working conditions, this program ensures that Cooperative Interns gain valuable skills and knowledge. It’s also an opportunity to contribute meaningfully to the growth of local cooperatives across Telangana. Interns are expected to uphold confidentiality, professionalism, and a strong work ethic, making this internship an ideal fit for candidates passionate about cooperative development and rural economic empowerment.

TGCAB Notification 2024

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