India Post Payments Bank (IPPB), a significant government-led financial initiative under the Ministry of Communications. Postal Jobs Notification 2024. Has recently opened recruitment for 344 Executive positions exclusively available for current Gramin Dak Sevaks (GDS) employed with the Department of Posts (DoP). This notification aims to deliver doorstep banking services across India’s vast postal network, providing financial inclusion and growth opportunities. Here, we break down the IPPB job details, eligibility, responsibilities, and application process for interested GDS candidates.
Postal Jobs Notification 2024
1. Introduction to IPPB and the Executive Role
IPPB, a government-owned entity, has leveraged the DoP network to expand banking services into rural and underserved areas. With over 650 banking outlets and a network of over 155,000 post offices, IPPB’s goal is to make financial services accessible to every corner of the nation. The recruitment of GDS as Executives focuses on enhancing outreach through direct sales and providing customer-centric services.
2. Key Job Responsibilities of IPPB Executives
Executives will be actively involved in:
- Meeting monthly revenue goals through direct sales.
- Conducting and supporting customer outreach and financial literacy campaigns.
- Training GDS on IPPB products and facilitating third-party sales.
- Coordinating with postal inspectors and postmasters to drive financial product sales.
- Helping in customer acquisition and relationship management, essential for IPPB’s growth strategy.
3. Eligibility Criteria
Age Requirements
Candidates must be between 20 and 35 years old as of September 1, 2024.
Educational Qualifications
A minimum qualification of a Bachelor’s degree (through regular or distance learning) recognized by the Government of India or an appropriate regulatory body.
Experience
Applicants should have a minimum of 2 years of experience as a Gramin Dak Sevak with no disciplinary actions pending.
Postal Jobs Notification 2024
4. Compensation and Benefits
IPPB offers a lump sum monthly payment of ₹30,000 inclusive of statutory deductions. This includes:
- Annual increments based on business acquisition performance.
- Incentives for successful engagement in sales and marketing activities.
5. Job Locations and Vacancies by State
There are 344 vacancies spread across multiple states in India. Applicants will be posted based on state-wise merit, with the opportunity to select preferred locations. Each candidate may specify up to two preferences within their chosen state.
Postal Jobs Notification 2024
Job Locations and Vacancies by State
The India Post Payments Bank (IPPB) Executive recruitment offers 344 vacancies distributed across multiple states and union territories in India. The exact distribution aims to cover various regions, ensuring that every state has access to IPPB’s services, thus improving banking accessibility in rural and urban areas alike. Below is a summary of the state-wise vacancy allocation:
| State/Union Territory | Number of Vacancies |
|---|---|
| Andaman & Nicobar Islands | 1 |
| Andhra Pradesh | 8 |
| Arunachal Pradesh | 5 |
| Assam | 16 |
| Bihar | 20 |
| Chandigarh | 2 |
| Chhattisgarh | 15 |
| Dadra & Nagar Haveli | 1 |
| Delhi | 6 |
| Goa | 1 |
| Gujarat | 29 |
| Haryana | 10 |
| Himachal Pradesh | 10 |
| Jammu & Kashmir | 4 |
| Jharkhand | 14 |
| Karnataka | 20 |
| Kerala | 4 |
| Ladakh | 1 |
| Lakshadweep | 1 |
| Madhya Pradesh | 20 |
| Maharashtra | 19 |
| Manipur | 6 |
| Meghalaya | 4 |
| Mizoram | 3 |
| Nagaland | 3 |
| Odisha | 11 |
| Puducherry | 1 |
| Punjab | 10 |
| Rajasthan | 17 |
| Sikkim | 1 |
| Tamil Nadu | 13 |
| Telangana | 15 |
| Tripura | 4 |
| Uttar Pradesh | 36 |
| West Bengal | 13 |
Candidates applying for these positions are advised to select up to two preferred banking outlets within their respective state/circle during the application process. The final posting will consider these preferences but may be adjusted according to IPPB’s operational needs across different locations.
Note: IPPB reserves the right to adjust the vacancy numbers and posting locations based on the evolving requirements of the bank.
Postal Jobs Notification 2024
6. Selection Process
Merit-Based Selection
Candidates will be selected based on their graduation marks. In cases of ties, DoP service seniority and birth date will be considered as tiebreakers.
Document Verification
Selected candidates will need to provide:
- No Objection Certificate from their controlling officer.
- Statements on any disciplinary actions within the last five years.
- Vigilance Clearance Certificate from the Divisional Head.
7. Application Process
Applications are to be submitted online at www.ippbonline.com. No other application methods will be accepted. Applicants must fill in accurate graduation marks, as discrepancies could lead to application rejection. The application fee of ₹750 is non-refundable.
Postal Jobs Notification 2024
8. Important Dates
- Application Start Date: October 11, 2024
- Application End Date: October 31, 2024
- Last Date for Fee Payment: October 31, 2024
9. Terms of Engagement
- Initial engagement is for one year, renewable for up to two more years based on performance.
- Cooling-off Period: A mandatory two-year gap is required between engagements with IPPB for candidates who previously served as Territory Officers, Business Associates, or Executives.
10. Performance and Tenure
Executives will undergo bi-annual performance reviews. If performance is unsatisfactory over two consecutive reviews, a one-month notice period for repatriation may apply.
11. Code of Conduct
Candidates are expected to follow the GDS Conduct and Engagement Rules, 2020 throughout their tenure. Misconduct can result in repatriation and potential disciplinary action by DoP.
Postal Jobs Notification 2024
12. Leave and Other Employment Benefits
- GDS rules for leave apply, with pay during the leave period.
- Time spent at IPPB counts towards seniority in GDS service and is considered in annual increments and retirement benefits.
13. Application Fee and Submission Guidelines
Candidates must ensure their eligibility before paying the non-refundable fee of ₹750, as no changes or withdrawals are allowed once the application is submitted. Online submission is mandatory.
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Postal Jobs Notification 2024
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FAQ’S
1. What is the job profile of an IPPB Executive?
An IPPB Executive is responsible for direct sales, customer acquisition, conducting financial literacy events, and coordinating with postal staff to enhance the bank’s reach. They are key players in promoting IPPB products and building relationships with customers in their designated area.
2. Who is eligible to apply for the IPPB Executive role?
Only current Gramin Dak Sevaks (GDS) employed with the Department of Posts are eligible to apply, with requirements including being 20-35 years of age, holding a bachelor’s degree, and having at least two years of GDS experience.
3. How is the selection process carried out for IPPB Executives?
Candidates are selected based on the percentage of marks obtained in their graduation. If candidates have the same percentage, DoP seniority and date of birth are used as tie-breaking criteria.
4. What is the salary structure for IPPB Executives?
IPPB Executives receive a monthly consolidated pay of ₹30,000. Annual increments and additional incentives are offered based on performance in business acquisition and sales activities.
5. Can an IPPB Executive be considered for permanent absorption in IPPB?
No, the position is on a temporary, fixed-term basis. Executives will not be eligible for permanent absorption in IPPB after completing their tenure.
6. Where will the selected candidates be posted?
Executives are posted based on their state/circle merit list and can select up to two preferred locations within their state. However, IPPB reserves the right to place candidates anywhere as per its business needs.
7. Are there any leave provisions for IPPB Executives?
Yes, leave is provided according to the GDS Conduct and Engagement Rules, 2020, and IPPB will compensate the leave period accordingly.
8. What documents are required during document verification?
Selected candidates need to submit a No Objection Certificate (NOC) from their controlling officer, a Vigilance Clearance Certificate, and details of any penalties from the past five years.
9. Is there any application fee, and is it refundable?
The application fee is ₹750, and it is non-refundable. Candidates should confirm their eligibility before making the payment.
10. What happens if a GDS has already served in IPPB in the past?
GDS who have previously held IPPB roles (e.g., Territory Officer, Business Associate, Executive) are eligible to apply only if they have completed the mandatory two-year cooling-off period since their last IPPB engagement.
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