Punjab & Sind Bank will invite young graduates to its 2024 apprentice opportunities for 100 Apprentices. It shall aim at the recruitment of students who want to pursue a career in the Banking Sector at the ground level. Under the apprenticeship program, apprentices will gain practical working experience, skills and stipend money to support them financially.
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Important Dates
The applications will be sought from 16th October 2024 and will stay open until 31th October 2024. Interested applicants for the given vacancy should, therefore, apply within the set time frame. There is ample time that has been offered to individuals so that they source the documents that will complete their application forms.
Know the Eligibility Criteria
To ensure that the right set of candidates apply for this bank, Punjab & Sind Bank has laid down certain eligibility criteria that one needs to meet. Well, for those who need to know, this is as follows:
Graduate from Recognized University: The candidate should be a graduate from a recognized university. In essence, it must be ensured that all the applicants possess a broad understanding of most concepts that are relevant in the banking sector.
Age Relaxation: The minimum age of the applicant should be 20 years as on the last date of application. There are relaxations in respect of age to the candidates belonging to reserved categories, including SC/ST and OBC. That means the bank will get diversified manpower.
Language Competency: Apprentices should be at least conversant in the local language of the state or union territory to which they are applying. This will constitute a vital criterion since, as a means of communication, all or any type of query from the customer can be reflected to the customer better, thus directly impacting the overall customer service service delivery.
Selection Process
The selection process into the apprenticeship positions has three phases.
Online Written Examination: In this selection process, the first stage is the online written examination. Here, it calls for aspects of reasoning, quantitative aptitude, general English and computer knowledge. This is a question paper in the multiple choice question format, so proper preparation would be required from the candidates’ end.
Language Proficiency Test: Candidates who qualify in the written test are subjected to a language proficiency test. That tests the ability of the person to read, write and speak in the local language. As communication forms the core of banking, that makes it a must criterion in the selection process.
Medical Examination: This involves a medical examination to ascertain that the applicants are fit to carry out the responsibilities under the apprenticeship scheme. This aspect is important as it will ensure the health and well being of the trainees during the apprenticeship period.
Financial Aspects of the Apprenticeship
One of the attractive features of Punjab & Sind Bank apprenticeship is the monthly stipend ₹15,000. Such a stipend thus provided will make them financially sound for the practical experience that they would gain through this apprenticeship. This stipend may cover their living costs, and hence, it would not be a problem for candidates to concentrate on their training without the burden of paying their daily expenses.
Apart from these monetary benefits, this apprenticeship program gives them essential training. Apprentices will learn customer service, banking operations, transaction processing and a lot more other financial products. This is very significant for an apprenticeship program because a person has to know every minute detail of banking.
Candidates interested in applying for the apprenticeship must pay a nominal application fee. The fee structure is as follows:
For candidates belonging to the General/OBC/EWS categories, the application fee is ₹500 + GST.
For SC/ST/PwD candidates fee is ₹100 + GST.
It is essential to note that the application fee is non-refundable. Therefore, candidates should ensure they meet all eligibility criteria before submitting their applications.
How to Apply Online Form
Application Steps The application form for the apprenticeship scheme offered by Punjab & Sind Bank is quite simple. For applying, applicants can follow the below-given application step:
Applying Step 1: Official Website From this official website, they can click on a link to access the application.
Applying Step 2: Registration The applicant then registers by keying in his name, e-mail address, and phone number and thus develops a registered account of the applicant.
Application form filling: Candidates have to fill their application form after their registration by filling all details about personal and educational information.
Uploading of documents: They have to upload the scanned photograph and signature along with other documents if required and as detailed on the application guidelines while filling the form.
Online payment of the application fee: Once done with that, applicants are required to make the payment for applying with any one of the permitted payment options of net banking or through debit or credit card.
Submit the Application: Once all information is filled and documents uploaded, the applicant can submit the application form .
Print the Application: After submitting it, it is often handy to take a printout of the application for future reference.
Important Events
Dates
Commencement of on-line registration of application
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