BEML jobs for Management Trainees in . Last Date to apply: 04 Oct 2016
Job Description
Advt No.KP/S/04/2016
Management Trainees Jobs opportunity in BEML Through GATE 2017
BEML Limited, a pioneer Multi Business (Defence, Mining & Construction, Rail & Metro, Aerospace, Dredging etc.) Heavy Engineering Company with an annual turnover of around Rs.3500 Crores, wishes to recruit young Engineers as Management Trainees through GATE 2017 for its various Manufacturing/ Marketing Divisions located all over India.
Qualification : Degree in Engineering in Mechanical / Electrical & Electronics/ Metallurgy with 70% Marks for General and OBC candidates and 65% Marks for SC/ST/PWD candidates from recognized university
Pay Scale : Rs. 16400-40500/-
Upper Age Limit : 27 Years as on 31.01.2017
Remuneration : Rs. 16400 – 40500/-
Service Bond : i. Selected Candidates are required to execute a Service Bond to serve the Company for a period of 4 years including training period, failing which candidates are liable to pay the liquidated damages amounting to Rs.2,00,000/-.An amount of Rs. 4000/- pm will be recovered for 47 months and the balance amount will be recovered in the last instalment for liquidated damages of Rs.2,00,000/-. After successful completion of the bond period, the security deposit will be refunded with interest. ii. In case of breach of the service agreement during the bond period, the security deposit will be forfeited.
Training Period : Selected candidates will undergo training for a period of one year, from the date of their joining. On successful completion of their training period and on assessment of suitability they will be absorbed as Engineer (Grade-II) in the same pay scale with one additional increment (@3% of Basic Pay) and will be on probation for a period of one year
Application Fee : Eligible and interested General/ OBC candidates (Not applicable for SC/ST/ PWDs) need to pay a non-refundable fee of Rs.500/- by downloading the Challan available in the BEML website and by remitting the same only in State Bank of India in the BEML Account no. 31006750220. Candidates applying for multiple positions have to make separate payments for each of the positions.
Job Particulars
About Company
BEML (formerly Bharat Earth Movers Limited) was established in May 1964 as a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment at its Bangalore Complex. The Company has partially disinvested and presently Government of India owns 54 percent of total equity and rest 46 percent is held by Public, Financial Institutions, Foreign Institutional Investors, Banks and Employees.