IPPB Executive Recruitment 2025
With a 100% government-owned equity stake, the India Post Payments Bank Limited (IPPB) was established under the Department of Post, Ministry of Communications. It operates nationwide and seeks to use all 1,55,015 post offices as access points, as well as 3 lakh postmen and Gramin Dak Sewaks (GDS) to offer doorstep banking services. With this new approach, India's largest banking network will be able to reach every corner of the country. IPPB is spearheading the next banking and financial literacy revolution.
To support our future growth and transformation challenges, we invite applications from qualified, energetic, and dynamic candidates who will be appointed as executives on a contractual basis through online application mode in different disciplines of the bank as per the details given below. Interested candidates who fulfill the eligibility criteria may apply online from 01.03.2025 to 21.03.2025 by visiting the Indian Post Payment Bank official website. No other mode of application will be accepted. More information related to this IPPB executive recruitment 2025 is given below in this recruitment news.
Overview of this IPPB Recruitment
Designation: Executive.
Vacancies: 51 posts.
Pay
and allowances:
·
The
bank shall pay a lump sum amount of ₹30,000/- (rupees thirty thousand only) per
month, inclusive of statutory deductions.
·
Tax
deductions will be done as per the Income Tax Act, considering the amendments from
time to time.
·
Annual
increment of lump-sum pay and incentives based on performance in business
acquisition/sales activities as decided by the competent authority from time to
time.
·
Further,
it is clarified that no other pay/allowances/bonus, etc., shall be paid except
those mentioned above.
Period of Contract: The contract would be
initially for 1 year, and this may be reviewed for extension on a year-to-year basis for a further period of 2 years, subject to satisfactory
performance. The maximum duration of this contract would be three (3) years.
Eligibility Criteria for Applying
Education: Those who have completed
their graduation degree in any stream can apply for this IPPB Executive
Recruitment 2025.
Age Bond: Candidates must fulfill a certain age limit to be considered for this IPPB recruitment. Applicants must be at least 21 years old. On the other hand, there is an upper
age limit as well. People over the age of 35 are not eligible to apply.
The purpose of these age restrictions is to guarantee that applicants belong to
a specific and suitable group.
How much is the application fee?
· The application fee for SC/ST/PWD categories is Rs. 150.00.
· For the remaining categories, the application fee will be Rs. 750.00.
IPPB Executive Selection Process
· Merit
will be drawn based on a percentage of marks obtained in the graduation,
followed by an interview. Candidates having domicile in the state for which they
are applying will be given preference over the candidates without having a domicile issued by the competent authority of that state. Merely satisfying the
eligibility norms does not entitle a candidate to be called for an interview. The
bank reserves the right to call only the requisite number of candidates for the
Assessment/Interview concerning candidates’ qualifications, experience,
profile vis-a-vis job requirements, etc.
· The candidate
shall fill in the exact percentage of marks obtained in the graduation up to two
places after the decimal. The percentage marks shall be arrived at by dividing the
marks obtained by the candidate in all the subjects in all semester(s)/year(s)
by aggregate maximum marks in all the subjects, irrespective of honors/optional/additional optional subjects, if any. This will be applicable for
those universities where class/grade is decided based on honors
marks only. Rounding off percentages will not be acceptable under any
circumstances.
· Wherever the percentage of marks is not awarded by the board/university/institute and
only grades (e.g., GPA/CGPA/CQPI) are awarded, the same should be converted to
the exact equivalent percentage of marks as per the formula provided by the
college/university. If any deviation is found in the application form concerning the percentage of marks, such applications will be summarily
rejected.
· If two or more candidates have obtained the same score in the selection
process, the merit order shall be decided as per the date of birth of the
candidates. e) Results of the candidates who have qualified for various stages
of the recruitment process and the selected candidates will be
made available on the website. The final select list will be published on the
website.
Important Dates
·
March
1st , 2025, is the start date to apply online.
·
March
21st, 2025 is the last date to apply.
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